Work stops on CoAL’s Vele mine
Development work on Coal of Africa's Vele coking coal mine in Limpopo Province has been stopped while the company negotiates with the Department of Environmental Affairs
ArcelorMittal seeks “holistic solution”
ArcelorMittal CEO Nonkululeko Nyembezi-Heita says the acquisition of ICT is part of a strategy to improve the steel group's chances of coming out on top in the fight with Kumba Iron Ore.
Lonmin ‘to account’ for Keysha’s minerals
The South African government has said Lonmin may have to account for minerals sold from land over which empowerment firm, Keysha, now has a prospecting right.
ArcelorMittal buys Imperial Crown Trading
ArcelorMittal has agreed to buy Imperial Crown Trading for R800m in what could be viewed as a desperate attempt to recover the mining rights it lost in Kumba's Sishen iron ore mine.
Uranium One lifts output target
Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.
Lonmin to get base metal rights
Lonmin was likely to receive approval to sell base metals over areas it successfully received mining licence conversions several years ago, a government official says.
No major Northam earnings fluctuations
Platinum producer Northam Platinum expects its full year earnings per share and headline
earnings per share to be between 170 and 190 cents.
Simmers settles R100m of RMB loan
Gold producer Simmer & Jack Mines has advised that it has settled R100m owing to
Rand Merchant Bank as part of the R220m bridge loan.
Wesizwe Pt probe was ‘limited’
Deloitte Consulting and Deneys Reitz were restrained from corroborating Wesizwe Platinum CEO Mike Solomon's statements with third parties, according to a report compiled by the auditor and lawyer.
Kumba reaches Faleme Project settlement
Kumba Iron Ore has announced that it has reached a settlement agreement with the Republic of Senegal and La Society des Mines De Fer Du Senegal Oriental, Senegal's state-owned development company, concerning the Faleme Project.