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Metorex expects no earnings surprise

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Metorex has advised that for the 12 months ended June 2010 it expects headline earnings to be between 22c and 26c per share compared with 2009's 24c.

Anarchy and death at Aurora mine

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Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.

Exxaro could keep KZ Sands going

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Exxaro's KZ Sands titanium smelter could be saved by the recent upturn in the titanium market if the group can strike suitable deals with customers who want the smelter to stay in operation.

Great Basin narrows June quarter loss

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Great Basin Gold reported a narrowing in year-on-year losses for the June quarter and said its flagship South African mine, Burnstone, would reach commercial production in September.

Eastplats takes a knock

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Eastern Platinum has been hit by lower production and sharply higher costs after it dismissed a quarter of its production crews in May because of poor safety compliance.

Eskom contracts independent power producers

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ESKOM has contracted five independent power producers to commission privately generated electricity to boost its energy supply.

Zim poised for billion dollar diamond sale

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Zimbabwe's state coffers are poised for a huge cash injection as 4.5 million carats of diamonds, worth up to $1.7bn according to the government, go on sale in the capital Harare.

ICT gets sweet deal from ArcelorMittal

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Sources say Imperial Crown Trading will get R200m from ArcelorMittal even if it loses the action against Kumba Iron Ore over the prospecting right it has been awarded to part of the Sishen mine.

Rossing South sixth largest on upgrade

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Extract Resources has announced a resource upgrade that moves its Rossing South property among the top six global uranium deposits by contained metal.

Lonmin ‘to account’ for Keysha’s minerals

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The South African government has said Lonmin may have to account for minerals sold from land over which empowerment firm, Keysha, now has a prospecting right.