Petmin to seek upside in spot market
Petmin is about to ditch its policy of locking all sales into supply agreements, saying it wants to cash in on higher spot prices for the anthracite it produces at Somkhele mine.
ArcelorMittal to buy stake in Thai firm
ArcelorMittal, the world's largest steel company, is to take a 40% stake in Thai steel maker G Steel for $250m, reports the Bangkok Post.
Analysts grapple with Glencore
Mining analysts will spend another day in briefings with Glencore executives, seeking to understand a business that is simultaneously a commodity trader, miner, as well as an investor.
New energy plan finalised by April
The Integrated Resource Plan, which will determine the country's electricity mix over the next 20 years, will be passed into law by the start of April, says a goverment official.
Metorex gives Ruashi clean bill of health
The transformer issues at Metorex’s flagship mine are a thing of the past, enabling the group to deliver while copper is trading at record highs, says management.
Good times return for Merafe
Merafe is back in the black as good times return for the ferrochrome sector, but the company faces major funding commitments to pay for planned expansions.
Govt extends mining moratorium
Minister of Mineral Resources Susan Shabangu has extended a moratorium on new applications for prospecting rights.
Galaxy Gold, ARM announce board changes
African Rainbow Minerals has announced a succession process for a new CEO, while Peter Skeat hands over the reins of Galaxy Gold.
ARM more than trebles earnings
African Rainbow Minerals has cracked it in the six months to end-December and there's more to come in the second half of the financial year, according to CEO Andre Wilkens.
Keaton raises R65m with share issue
Keaton Energy has raised R65m by issuing new shares for cash, intended mainly to pursue opportunities presented by the recent acquisition of Leeuw Mining.