Home News Page 1298

News

Uranium One lifts output target

0
Uranium One upgrades its annual production guidance to seven million pounds amid a year-on-year improvement in June quarter financial results.

ArcelorMittal seeks “holistic solution”

0
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.

Simmers settles R100m of RMB loan

0
Gold producer Simmer & Jack Mines has advised that it has settled R100m owing to Rand Merchant Bank as part of the R220m bridge loan.

Work stops on CoAL’s Vele mine

0
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

Lonmin ‘to account’ for Keysha’s minerals

0
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.

Wesizwe Pt probe was ‘limited’

0
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.

Marine gem hunter to list on JSE

0
South African investors may soon be offered another chance to go marine diamond mining as TSX-listed Afri-Can Marine Minerals Corporation looks for a secondary listing on the JSE.

Merafe buys chromine ore from Lonmin

0
South Africa's Merafe Resources has enough ore sources to mitigate the impact of a government order preventing Lonmin from selling any associated minerals.

Lonmin shares fall on nickel sales ban

0
Shares in Lonmin, the world's third-biggest platinum producer, fell around 3% as analysts say a South African government ban on its sales could be a serious threat to its business.

Kumba reaches Faleme Project settlement

0
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.