Commodity rush propels Kumba earnings
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.
Kumba drags Amsa into court battle
Kumba Iron Ore has added ArcelorMittal SA as a respondent in its high court bid for the reversal of the 21.4% prospecting right over Sishen mine awarded to ICT.
Rio Tinto profits treble to $14bn
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%
Zimbabwe has hiked mining exploration fees to $1m in a bid to curb speculation.
Aquarius profit soars as prices rise
Aquarius Platinum says first-half net profit soared on the back of higher precious metals prices and increased production.
Shabangu ‘doesn’t answer to ANCYL’
Mineral Resources Minister Susan Shabangu did not need to report back to the ANC Youth League about her position against the nationalisation of mines, her spokesperson says.
ICT buyout not a given: Amsa
ArcelorMittal SA says its takeover of Imperial Crown Trading depends on the firm clearing itself of claims of impropriety, and getting mining rights to Sishen.
ArcelorMittal SA back in the black
ArcelorMittal SA has posted a return to full-year profit and expects solid results ahead.
Xstrata profit up sevenfold on commodities boom
Anglo-Swiss mining group Xstrata has reported a sevenfold increase in annual net profit in 2010 as it rode the forecast boom in commodities markets and prices.
Bauba asks for JSE suspension
Newly-listed Bauba Platinum has asked the JSE to suspend its shares after it failed to come to an agreement on assets with vendors.