ArcelorMittal to buy stake in Thai firm
ArcelorMittal, the world's largest steel company, is to take a 40% stake in Thai steel maker G Steel for $250m, reports the Bangkok Post.
New energy plan finalised by April
The Integrated Resource Plan, which will determine the country's electricity mix over the next 20 years, will be passed into law by the start of April, says a goverment official.
Analysts grapple with Glencore
Mining analysts will spend another day in briefings with Glencore executives, seeking to understand a business that is simultaneously a commodity trader, miner, as well as an investor.
Good times return for Merafe
Merafe is back in the black as good times return for the ferrochrome sector, but the company faces major funding commitments to pay for planned expansions.
Metorex gives Ruashi clean bill of health
The transformer issues at Metorex’s flagship mine are a thing of the past, enabling the group to deliver while copper is trading at record highs, says management.
Govt extends mining moratorium
Minister of Mineral Resources Susan Shabangu has extended a moratorium on new applications for prospecting rights.
Keaton raises R65m with share issue
Keaton Energy has raised R65m by issuing new shares for cash, intended mainly to pursue opportunities presented by the recent acquisition of Leeuw Mining.
Galaxy Gold, ARM announce board changes
African Rainbow Minerals has announced a succession process for a new CEO, while Peter Skeat hands over the reins of Galaxy Gold.
Strike, stoppages smack Northam earnings
Northam Platinum, hit by labour action and safety-related stoppages, has reported a drop in first-half profit and says the outlook is challenging.
ARM more than trebles earnings
African Rainbow Minerals has cracked it in the six months to end-December and there's more to come in the second half of the financial year, according to CEO Andre Wilkens.