Home News Page 1240

News

Kumba output hit by excessive rainfall

0
Kumba Iron Ore has reported a 23% decline in quarterly production, hit by excessive rainfall at all operations.

AngloPlat keeps target despite output drop

0
UPDATED: Anglo Platinum has kept its full-year production target, despite a 5% fall in first-quarter output attributed to safety stoppages.

Nkwe, rival told to kiss and make up

0
Nkwe Platinum will be forced to sit down and talk with its court rival over prospecting rights on a farm it lost in a Constitutional Court judgment last year.

Namibia eyes mining sector growth

0
Namibia expects investment of $3.5bn in its mining sector over the next five years, with the industry accounting for 15% of its economic output, says a minister.

CSN sells Riversdale stake

0
Brazilian steelmaker CSN has struck a deal to sell its 19.9% stake in Mozambican-focused coal miner Riversdale to Rio Tinto for $830m.

Gold powers above $1,500

0
Gold has rallied above $1,500 an ounce for the first time, extending a run of record highs as investors seeks to hedge growing inflation risks and buy into a broad commodities rally.

BHP boosts iron ore output, warns on coal

0
BHP Billiton's iron ore production has jumped, but persistent rains in Australia are delaying its coal output recovery.

Harmony exposed to corporate action

0
Harmony CEO Graham Briggs believes his group is undervalued and exposed to corporate action, should a predator be lured by the rich pickings in the Wafi-Golpu project.

Ministers to discuss MPRDA amendments

0
High-level talks on bringing environmental regulations for mines in line with legislation for the rest of the country are to take place soon.

Harmony’s Masimong mine to reopen today

0
Harmony Gold says its Masimong mine will reopen on Wednesday after it was shut last Thursday when a worker was killed in a locomotive accident.