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Gold One confident on year-end metal target

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Work stoppages hurt production at Gold One International but the gold producer said annual metal output targets remain firmly in its sights.

ArcelorMittal to drop steel prices

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ArcelorMittal has revised its steel pricing policy for domestic consumers following the interim pricing agreement reached with Kumba Iron Ore over iron ore supplies.

ArcelorMittal checks its management system

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ArcelorMittal has called in an external audit firm to confirm that its enterprise risk management system is all it's cracked up to be given what happened over Kumba.

Coetzer to take Bird’s mantle at Jubilee

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Jubilee Platinum has unveiled a slew of management changes, including the resignation of the CEO, following the acquisition of Braemore Resources by the platinum miner.

Bernard Swanepoel to chair Simmers

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Former Harmony CEO Bernard Swanepoel will take over as chairman of Simmer and Jack Mines at the company's annual general meeting on September 10.

Demand recovery fires Merafe in H1

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Merafe Resources, which is in joint venture with Xstrata, lifted ferrochrome production 149% in the first half of its financial year as demand recovered.

Demand solid for Hulamin after decent H1

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Hulamin, which produces aluminium products, said the outlook was promising after posting solid first half results.

AngloPlat finally converts its mining rights

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Anglo Platinum has at last achieved conversion to new order mining rights for all its mines which should ease investor concerns over the relationship between the group and the government.

AngloPlat forecasts rising production

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Anglo Platinum remains upbeat on the recovery in the platinum market looking to produce 2.5m oz this year and forecasting the platinum price will stay above $1,500/oz during the remainder of 2010.

Wage negotiations concluded at Assmang

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Trade union Solidarity says that wage negotiations at Assmang's Khumani and Beeshoek iron mines in the Northern Cape have been concluded after only two rounds, with the union negotiating a wage increase of 10%.