Kumba bullish as volumes, prices soar
Kumba Iron Ore, controlled by Anglo American, said first half headline earnings would be higher year-on-year as volumes and prices for its iron ore soared.
Highveld confirms name change to Evraz Highveld
Highveld Steel and Vanadium, South Africa's second-largest steel producer, on Friday said it would trade under its new name Evraz Highveld Steel and Vanadium (EHS) from Monday July 19.
Metorex declares Lubembe resources estimate
Diversified mining group Metorex has declared a resources estimate of 1.5 million tonnes of copper at its Lubembe deposit in the Democratic Republic of the Congo.
First Uranium granted TSX review extension
Canadian uranium junior First Uranium, has advised that it has received a 30-day extension of their Toronto Stock Exchange (TSX) listing review.
KCM investors pencil in August showdown
The diamond group's shareholders are determined to vote out the board and restore value, possibly with the help of Phillip Dexter, a member of an opposition party in South Africa's parliament.
Japan’s Itochu takes 10.3pct stake in Extract
Extract Resources, the Australian mining company focused on developing uranium projects in Namibia, says Japan's Itochu Corporation had agreed to acquire a 10.3% stake in its business.
Anglo facing Minas Rio delay
Land issues may force Anglo American to delay the start-up of its Minas Rio iron ore project in Brazil, according to a report by Dow Jones.
Coal exports drop way below target
Exports by the Richards Bay Coal Terminal plunged in June in spite of a healthy recovery in coal railed to the terminal by Transnet Freight Rail after the strike in May.
Harmony to sell Mt Magnet for $35m
In an effort to further streamline its business interests, Harmony Gold has sold its Australian asset, Mount Magnet, for a sum of $35m, the company said.
RBCT coal exports tumble in May
South African coal exports from Richards Bay Coal Terminal fell to 4.01 million tonnes in June from 4.6 million in May, exporters said.