Coal law could benefit SA exporters
Draft legislation in Indonesia could prove very profitable for South African coal exporters seeking to export lower quality coal to India and China.
Merafe expects sharp drop in earnings
Ferrochrome producer Merafe Resources expects sharply lower earnings for the six months to June and is cutting back production because of current weaker market conditions.
Gold Fields resumes Beatrix operations
Gold Fields has resumed operations at the No.3 shaft of its Beatrix mine, says a company spokesperson.
Gold poised for more gains
The price of gold hovered below its record high, on course for a 12th straight day of gains as global jitters fuel safe haven buying.
Petra Diamonds steams ahead
Petra Diamonds has delivered a trading update backing CEO Johan Dippenaar’s claim the company is one of the world’s leading diamond producers.
China cool on ‘expensive’ SA coal
The price of importing South African coal into China has fallen to be nearly on par with Chinese domestic rates, but buyers are not biting, industry players say.
Eastplats disappoints yet again
Eastern Platinum has just reported its third consecutive quarter of falling production, which explains the slump in the share price so far this year.
Uranium find in India could be world’s largest
A huge deposit of uranium India has found in a southern state may turn out to be among the biggest reserves of the mineral in the world.
IFM set to turn corner
International Ferro Metals remains on track to lower its cost base as it prepares to cash in on an expected increase in demand for stainless steel.
Steel workers, employers reach wage deal
Tens of thousands of workers led by Numsa have ended a two-week pay strike in the steel and engineering sector, says union leaders.