RBCT shelves expansion plans
Richards Bay Coal Terminal has shelved plans to increase export capacity until 2015 due to the slow pace of rail infrastructure expansion, according to Business Report.
Shabangu considers new coal allocations
Final word on which BEE coal company will get what allocation in terms of the revised Quattro coal export scheme is now awaited from Minister of Mineral Resources Susan Shabangu.
Central Rand Gold to shut down
Central Rand Gold is to halt underground mining operations but will reassess its prospects by the end of October.
Harmony cut costs at Hidden Valley
Harmony Gold says it has cut costs at the Hidden Valley mine in Papua New Guinea, though it also experienced unscheduled "mechanical downtime" on an ore conveyer.
First Uranium ‘to pay’ Simmers debt
The settlement of Simmers’ R155m Absa notes may be one of the first new purposes envisaged by Bernard Swanepoel for the gold junior’s 25% stake in First Uranium.
Marcus appeals to nationalisation backers
Those proposing nationalisation should leave ideology out of it and need to judge how efficient state-controlled companies are, says SA Reserve Bank governor Gill Marcus.
Rio content with lesser stake in Riversdale
Rio Tinto has lowered the acceptance condition on its A$3.9bn offer for Riversdale Mining after entering into talks with a major backer of the Mozambican miner.
Pallinghurst’s lacklustre share price
Pallinghurst Resources is getting things right at the operating levels of its various interests and its NAV is rising, but the share price is yet to reflect this.
Zim plan wrecks Aquarius shares
Shares in Aquarius Platinum have tumbled amid Zimbabwe's plans to force companies to sell 51% of local assets to indigenous people.
Glencore pushes ahead with $10bn IPO
Glencore, the global commodities trading giant, is moving forward with its listing on the Hong Kong stock exchange.