Mechanised mining in the spotlight
There are concerns the Department of Mineral Resources is about to impose strict new standards on mechanised platinum mines but this is denied by chief inspector of mines Thabo Gazi.
Kumba foists price hike on Arcelor
Kumba Iron Ore turned up the heat in its iron ore dispute with ArcelorMittal asking the steelmaker to accept higher prices for its product, or suffer the consequences.
Rockwell Q1 revenue up 118pct to C$8.5m
Mid-tier diamond producer Rockwell Diamonds has reported a 118% increase in first quarter revenue from rough diamond sales to C$8.5m from C$3.9m previously.
Aquarius told to reduce bord widths
Mining group Aquarius Platinum says its subsidiary Aquarius Platinum has received an instruction that all mechanised bord-and-pillar mines in the North West region are to revise their mine Codes of Practice.
ArcelorMittal to close Saldanha plant
Steel producer ArcelorMittal is planning the immediate closure of its Saldanha Bay plant in a hard line response to Kumba Iron Ore's pricing demands.
Northam, Jubilee to explore furnace plan
Northam Platinum and Jubilee Platinum have agreed to explore development of a 'ConRoast' facility in the first step to developing another source of furnace capacity in South Africa's platinum industry.
Highveld Q2 hot metal output jumps
Highveld Steel and Vanadium, SA's second-largest steel producer, has reported a 19.1%
increase in year-on-year production in the second quarter of 2010.
Absa raises R128m bond issue for Simmers
Absa Capital has raised R128m in a high yield, unrated bond issuance for Simmer & Jack Mines.
Jubilee Platinum makes ConRoast breakthrough
Northam Platinum is looking at a JV with Jubilee Platinum which would utilise Jubilee's revolutionary ConRoast smelting technology to treat platinum concentrates from Northam's Booysendal mine.
NUM overwhelmingly rejects Kumba’s wage offer
The National Union of Mineworkers says thousands of its members had "overwhelmingly" rejected Kumba Iron Ore's wage offer.