Nkwe Platinum’s legal woes mount
Nkwe Platinum has received what appears to be a major legal setback to its development plans, but the company remains confident it will be able to hang onto its prospecting interests.
Metorex set to ride copper wave
Metorex is the stock of choice for SA investors who seek exposure to the rallying copper price in a market that doesn’t offer much choice, analysts say.
Community wins landmark rights case
A Limpopo-community has won a Constitutional Court case to set aside a prospecting right over its land, reports Business Day.
Further delay at CoAL’s Vele colliery
The resumption of mining operations at the Vele coking coal mine has been pushed back into the first quarter of next year, but Coal of Africa remains focused on its overall growth strategy.
Anglo to focus exploration on South America
Anglo American is focusing the bulk of its exploration efforts on copper and nickel in South America and the Arctic, while any further growth in iron ore will come from joint ventures or acquisitions.
Vale, Rio to raise iron ore prices
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.
Mittal calls for rethink on ore pricing
The mining industry has to consider allowing steelmakers to buy part of their iron ore needs using annual pricing contracts, says ArcelorMittal.
Gold One reiterates 2011 target
Gold One International has confirmed its 2011 production guidance at 120,000 gold ounces.
Iron ore trading at half-year highs
Iron ore prices have steadied near six-month highs, supported by fewer Indian supplies and demand from Chinese steel mills.
Wits Gold posts loss increase
Exploration group Witwatersrand Consolidated Resources has increased its interim loss.