RBPlat given R10bn price tag
Royal Bafokeng Platinum is to list on the JSE with an estimated market cap of between R9.1bn and R10.6bn, says the group.
Steel unmoved by ditched Rio/BHP venture
News that global miners Rio Tinto and BHP Billiton have abandoned plans for an iron ore joint venture is unlikely to hit the steel market, analysts say.
India opens diamond exchange
India is taking a major step towards becoming a global trading centre for diamonds with a newly launched exchange.
Grupo Carso hedges gold production
MEXICAN billionaire Carlos Slim's Grupo Carso has bought protection from volatile metals prices through 2013 as the company expands its mining business.
Strong rand no excuse, says analyst
South African miners cannot hide behind the stronger rand if their earnings fall below forecasts, says a sector analyst.
The Bafokeng blasts Glencore and Xstrata
RBH CEO Niall Carroll was in a combative mood at the recent Sun City platinum conference taking a go at Glencore, Xstrata and Brian Gilbertson as well as Anglo Platinum.
Power cuts loom once more
The latest research report by RBC Capital Markets analyst Leon Esterhuizen paints a gloomy picture of renewed power cuts looming for the South African mining industry as of next year.
ARM, Vale launch Konkola copper mine
Zambian President Rupiah Banda has inaugurated a new $380m copper mine project, a joint venture between Africa Rainbow Minerals and Vale.
BHP, Rio in final stand to save JV
BHP Billiton and Rio Tinto are expected to pursue last-ditch talks with regulators in a bid to save a proposed iron ore joint venture after the project suffered a new blow.
What’s Samda playing at?
Samda has recently got right up the noses of both the Chamber of Mines and the department of mineral resources for its stance on nationalisation and empowerment.