Optimum Coal issues Richards Bay plea
Transnet Freight Rail and the country’s coal producers have to find a way to exploit the full export potential of the Richards Bay Coal Terminal, says Optimum Coal CEO Mike Teke.
Health claims may ‘wipe out’ miners
The risk of a litany of silicosis claims against the mining industry is a serious threat which could cripple the sector, say analysts at RBC Capital Markets.
Vale opens Mozambican coal mine
Vale has opened a new $1.7bn coal mine in Mozambique, tapping the southern African country's thermal and coking coal reserves of around 23 billion tonnes.
Hurdles may scupper Namaqualand deal
A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.
Bloody, but unbowed bulls to charge again
The brutal selloff in commodity markets had no obvious trigger, and by the same token, there is no obvious reason why prices will not recover in the next few weeks or months.
Silver bounces from record fall, gold up
Silver has rebounded from its biggest one-day dollar fall since 1980, while gold also recovered as cheaper prices lured in Asian investors.
Platinum could breach $2,000, says GFMS
The platinum price could rise above $2,000/oz depending on investment demand for the metal, according to the latest GFMS survey of the platinum and palladium markets.
Namibia’s rights plan for future finds only
Namibia's plan to hand mining and exploration rights to a state-owned firm will only be applied to future mineral discoveries, according to a news report.
GFMS: wage talks won’t hurt platinum supply
The global supply of platinum is expected to rise slightly this year, with upcoming wage talks in South Africa not expected to have a big impact, says research firm GFMS.
Harmony falling short of target
Harmony Gold’s full-year production target seems to be out of reach after reporting a 2% quarterly output decrease.