Home News Page 1238

News

BHP to hike iron ore by 8% – report

0
BHP Billiton plans to increase price of coking coal for Japanese steelmakers by about 8%, according to the Nikkei business daily.

Rio, Sinosteel extend JV

0
Rio Tinto and Sinosteel have extended their Channar iron ore joint venture in Australia to produce a further 50 million tonnes of ore, says Rio Tinto.

Transnet progress a boon to Wescoal

0
Better delivery by Transnet Freight Rail has offered respite to Wescoal's troubled trading operations, says the junior coal miner.

Wescoal doubles interim earnings

0
Wescoal has reported an interim diluted headline earnings increase of 141%.

Anglo: SA needs more private power

0
Anglo American says SA's new 20-year energy plan needs to make provision for industries wanting to invest in their own power plants.

Metorex set to ride copper wave

0
Metorex is the stock of choice for SA investors who seek exposure to the rallying copper price in a market that doesn’t offer much choice, analysts say.

Community wins landmark rights case

0
A Limpopo-community has won a Constitutional Court case to set aside a prospecting right over its land, reports Business Day.

DMR accepts ConCourt rights ruling

0
Government has welcomed a judgement by the Constitutional Court which clarified the extent of community consultation in respect of awarding mineral prospecting rights.

Nkwe Platinum’s legal woes mount

0
Nkwe Platinum has received what appears to be a major legal setback to its development plans, but the company remains confident it will be able to hang onto its prospecting interests.

Vale, Rio to raise iron ore prices

0
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.