Home News Page 1217

News

Govt clarifies BEE coal export quotas

0
Three or four black-owned coal firms will get export entitlement through the Richards Bay Coal Terminal following the long-awaited reorganisation of the Quattro system, government says.

Implats cuts back at Marula mine

0
Impala Platinum is to retrench staff at Marula after putting proposed expansions on hold for at least two years because of persistent underperformance.

Boom times coming for rough diamonds

0
Diamond producers should "prepare to meet thy boom" if the highly positive message from RBC Capital Markets' diamond conference turns out to be correct.

Platinum Australia has to deliver

0
Platinum Australia has produced a favourable prefeasibility study for its Rooderand project, but the junior has to prove its Smokey Hills mine is a success to be able to fund Rooderand.

Nuclear remains part of energy mix, says Peters

0
Energy Minister Dipuo Peters has reiterated government's commitment to nuclear and renewable energy as part of the integrated resources plan.

Lights will stay on, for now, says Eskom

0
Power utility Eskom has denied currency market speculation of power outages.

Glencore makes lacklustre Hong Kong debut

0
Shares in commodities giant Glencore have opened 2.8% lower in their Hong Kong trading debut, following a tepid launch in London for the year's biggest IPO.

BHP faces shale gas lawsuit

0
BHP Billiton faces class action from US landowners who claim the company's shale gas business is creating a toxic soup, according to a report.

Commodities outlook strong, says Glencore

0
Commodities fundamentals remain strong as buoyant demand from emerging markets strains tightening supplies, says Glencore CEO Ivan Glasenberg.

Dismissal scuppers Pamodzi deal, says Motala

0
The dismissal of two Pamodzi liquidators has jeopardised a possible transaction to rescue the assets, according to one of the pair.