ArcelorMittal sees slow steel recovery
Demand for steel in the developed world will only return to pre-crisis levels in 2015, says ArcelorMittal chair Lakshmi Mittal.
Supply tight as Eskom battles wet coal
Eskom says it has put measures in place to protect stocks from rain, but warns SA's power supply remains tight.
Jubilee buys stake in IPP
Jubilee Platinum has bought a 51% stake in an independent power producer for R27.5m
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.
Ian Cockerill’s punt on Liberia
Petmin's investment in an iron ore project in Liberia links it to AIM-listed Hummingbird Resources, with Ian Cockerill chairman of both companies.
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.
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.