Home News Page 1190

News

Xstrata upbeat over commodities outlook

0
Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.

Sentula sees improved performance

0
Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.

Big boost for Mozambican port

0
Mozambique's Ports Development Company has announced a $1bn investment over the next 20 years to improve infrastructure at the country's main port.

CIC Energy looks for new buyer

0
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.

Aquarius Platinum cans Blue Ridge

0
Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.

Aurora assets to be audited for sale

0
The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.

Chamber praises mining minister

0
The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of understanding" and sophisticated proposals in her budget vote.

Germany won’t draw followers for nuclear plan

0
A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.

Rockwell makes operating profit

0
Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.

Aurora liquidators deny bias claims

0
Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.