SA firm plans $300m pig iron project
South Africa Metals Equity plans a new plant which may produce about 500 000 tonnes per annum of pig iron.
Vanadium’s turbocharged future
The battery has beaten the fuel cell in the race to power electric vehicles, which means an increase in demand for vanadium, lithium and rare earth metals.
Gold One granted $65m loan facility
Gold One International has received credit approval from two leading international banks - Absa Capital and BNP Paribas - for a $65m loan facility.
Sasol Mining concludes BEE deal
Sasol Mining has completed the Ixia Coal transaction, as part of the company's empowerment strategy, with WIPCoal Investments as the majority partner.
AngloGold draws line under hedge book
AngloGold Ashanti has completed the elimination of its gold hedge book, reflecting the company's confidence in the likely direction of the gold price.
Harmony warns over output drop
Harmony Gold Mining says gold production for the September 2010 quarter is likely to be in the order of 3% lower than the previous period.
Village acquires gold and antimony mine
Village Main Reef announced has agreed to purchase 74% of Consolidated Murchison mine from To The Point Growth Specialists for R30m.
Kazakh firm hopes to jump-start Zim mine
Kazakh mining group ENRC is keen to add platinum to its production portfolio, working to overcome hurdles for its Zimbabwe project.
De Beers ups output as demand picks up
Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.
CoAL’s Mooiplaats woes mount
Following hard on the forced closure of parts of its Vele mining complex in Limpopo, the Australian-owned mining company Coal of Africa is in trouble again with the environment department in Mpumalanga.