Jury out on Eastplats
There has been mixed reaction to Eastern Platinum’s March quarter results during which it broke even despite lower production thanks to rising platinum group metal prices.
Trans Hex aims for Angola turnaround
Trans Hex now has a mining contract for the Luana concession in Angola but CEO Llewellyn Delport is tight-lipped at this stage over how it is going to be developed.
Trans Hex’s Angola operations progress
Diamond miner Trans Hex Group says negotiations for the conversion of its prospecting contract for the Luana Concession in Angola to a mining contract have been successfully concluded.
Eastplats Mar Q output slumps 7%
Toronto, AIM and JSE-listed Eastern Platinum has reported a net profit attributable to equity shareholders of $824 000 for the quarter ended March 2010.
Tough quarter for Anooraq
Anooraq's production dropped in the March quarter but the worst should be behind the junior platinum producer now that it has completed the labour restructuring programme.
The Bafokeng’s royal platinum play
The Royal Bafokeng Nation is about to reach a hugely significant milestone with the listing on the JSE later this year of its own platinum company.
ArcelorMittal SA seeks quick end to price row
ArcelorMittal South Africa seeks a quick end to a price row with Kumba Iron Ore and maintains a focus on growing in Africa.
China steel sector ripe for consolidation
China's steel industry is ripe for consolidation in coming years, but the process elsewhere has largely run its course, says the head of ArcelorMittal , the world's largest steelmaker.
Anglo sells zinc assets in $1.3bn deal
Anglo American took another step in a strategy to divest of non-core assets agreeing to sell its zinc mines in southern Africa and Europe for $1.3bn to India focused base metals group, Vedanta.
Samancor suspends ops after two die
Samancor Chrome, the world's second largest ferrochrome producer, has shut down mine
operations following a blast incident that claimed two lives.