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IFM losses increase

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IFM continues to battle with various technical issues which have kept it in the red despite rapidly improving market conditions for its main customers - the stainless steel producers.

Harmony CEO sniffed out ‘hijacker’

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Negotiations between Harmony Gold and junior mining firm Ngwenda Gold led to the discovery that Ngwenda had been hijacked, allegedly by a Canadian citizen.

Back to reality for Petra

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After spending some time in the limelight following the acquisition of Finsch, it is back to basics for Petra Diamonds after it posted a lacklustre interim performance.

Another mining company hijacked

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A board of directors is seeking court redress after finding out its mining investment company had been hijacked.

AEMFC under fire over special treatment

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More industry players are raising concerns that state-owned miner AEMFC is receiving preferential treatment from the department of mineral resources.

DMR audits Eskom’s bogus suppliers

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The DMR is investigating a number of coal companies which had applied for mining rights under the pretext of supplying the resource to Eskom, but have been exporting it instead.

Anglo ‘paid too much’ for Minas Rio

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Cost increases at Minas Rio may indicate that Anglo American CEO Cynthia Carroll has overpaid for the controversial iron ore project.

Avalloy seeks breakthrough year

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Superalloy producer Avalloy says beneficiation and skills development are at the core of its growth strategy.

Gold Fields targets foreign gold

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Gold Fields has opted to focus its attention on new mine projects in Peru, Finland, Mali and Australia ahead of the proposed uranium recovery plant in South Africa.

BHP seeks monthly price for met coal

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BHP Billiton has notified major Japanese steelmakers that from April it wants monthly pricing of metallurgical coal to replace quarterly pricing, according to a report.