Platinum miners unaffected by Zim strike
Platinum producers appear to escape the brunt of a wage strike in Zimbabwe which is hitting the gold sector hard.
Platinum may hit $2,000/oz in 6 months-JM
Rising investment may take platinum to $2,000 an ounce in the next six months, its highest since mid-2008, Johnson Matthey said in an annual report.
African Eagle, Macquarie Harbour in gold JV
African Eagle Resources and ASX-quoted minerals group Macquarie Harbour Mining have signed a Letter of Intent to enter a joint venture to develop a gold mine at African Eagle's Miyabi project in Tanzania.
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.
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’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.
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.