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DMR’s beneficiation plan takes shape

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Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.

Xstrata upbeat over commodities outlook

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Xstrata is confident in the medium- and long-term outlook for commodity markets, says CEO Mick Davis.

Sentula sees improved performance

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Sentula Mining is expecting to report a rise in full-year earnings, and also sees better margins in its current financial year.

Aurora assets to be audited for sale

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The assets of mines owned by the stricken Aurora group are being inspected and sale negotiations opened.

Germany won’t draw followers for nuclear plan

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A German plan to shut all nuclear reactors by 2022 is unlikely to inspire many imitators abroad, experts say.

Rockwell makes operating profit

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Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.

Trans Hex to post a loss

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Trans Hex shares rose nearly 6% on the JSE today despite the release of a trading statement showing the diamond company would report a loss of R45.1m for the year to end-March.

Aurora liquidators deny bias claims

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Aurora Empower Systems was never given preference because of its political connections, axed Pamodzi Gold liquidator Enver Motala says.

Cyber attack warning for resource firms

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The Australian government says high-tech threats against resource and other firms are intensifying.

ArcelorMittal joins Kumba in fight against ICT

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ArcelorMittal SA has decided to join Kumba in its legal battle against Imperial Crown Trading.