Home News Page 1218

News

Keaton Energy bags Leeuw Mining

0
Keaton Energy has taken over a KwaZulu-Natal based coal producer Leeuw Mining in a deal which gives it direct access to the export market and ownership of new projects.

Aquarius Platinum’s latest acquisition

0
Aquarius Platinum CEO Stuart Murray is back on the acquisition trail and appears to have bagged some platinum assets that were not on many industry players' radar screens.

De Beers upbeat on consumer demand

0
The all-important consumer side of the diamond business came back to life during 2010, according to De Beers, which predicts rising retail demand for diamonds this year.

Mine nationalisation ‘to be resolved in 2012 only’

0
The issue of the nationalisation of SA's mining sector will only be decided at the ANC's policy conference in 2012, according to Deputy Mineral Resources Minister Godfrey Oliphant.

Zuma: Beneficiation strategy a priority

0
Adopting a mineral beneficiation strategy is a government priority, President Jacob Zuma has said in his State of the Nation address.

DRDGold to spin out Blyvoor

0
DRDGold is to separate its Blyvooruitzicht underground mine from its low cost and low risk Ergo surface operations and use Blyvoor to get involved in the further consolidation of the SA gold sector.

Aquarius profit soars as prices rise

0
Aquarius Platinum says first-half net profit soared on the back of higher precious metals prices and increased production.

Rio Tinto profits treble to $14bn

0
Soaring commodities prices and strong growth in emerging markets have bolstered the annual profits of global mining giant Rio Tinto.

Zim mine fees rocket 2 000%

0
Zimbabwe has hiked mining exploration fees to $1m in a bid to curb speculation.

Commodity rush propels Kumba earnings

0
A surge in iron ore export prices and sales volumes assisted Kumba Iron Ore to more than double its headline earnings during the 2010 financial year.