Optimism grows over Harmony’s PNG bonanza
An update from Harmony’s Papua New Guinea-based operations underscores their potential to boost a lacklustre share.
Furnace pains put damper on IFM sales surge
International Ferro Metals says quarterly sales of ferrochrome have doubled, but warns its production will be hampered by furnace problems for the rest of the year.
Petmin to finance Liberian exploration
Petmin has agreed with Hummingbird Resources to provide $2m for the exploration of Hummingbird’s iron ore-rich Ginka licence area in Liberia.
Gold skims 10-week low
Gold has fallen to its lowest price levels in ten weeks, putting the metal on course for its worst monthly performance since 2009 as safe-haven demand evaporates.
CoAL plans new mines for Limpopo
Coal of Africa has applied for a mining licence over its Makhado project which is the first of several new mines it would like to build in Limpopo Province.
Nkwe backtracks over suspension
Nkwe Platinum is to place the relisting of its ASX-listed shares on the back burner because of continued uncertainty over the group’s hold on key assets.
Bid to liquidate Zuma, Mandela firm
Trade union Solidarity has submitted an application to the high court for the liquidation of the politically connected Aurora Empowerment Systems.
Rio Tinto closes in on Riversdale
So far no rival has come up with a superior competing bid to Rio Tinto's $3.9bn offer for Riversdale Mining, and Riversale directors don't know of anyone planning to do so.
CoAL lodges Makhado rights application
Coal of Africa has lodged a new order mining right application for its Makhado coking coal project in Limpopo.
ANC researching nationalisation – ANCYL
Research is being conducted by the ANC on how best to take ownership of mines, says the party's youth league.