Home News Page 865

News

Amplats 2.3m oz target unshaken by strike

0
Amplats was a highlight of Anglo American's third quarter production figures, but Kumba Iron Ore said export volumes would miss the forecast 40mt level.

Pan African says Navachab talk is premature

0
In possibly the most reluctant and qualified statement of the year, Pan African Resources says there can be no certainty it will bid for AngloGold's Navachab.

Newplat success is double-edged sword for SA

0
Good opportunism by Absa Capital to have seen the gap for a platinum debenture, but it's popularity is also a way of going short on SA platinum output.

RoC assures Equatorial, Exxaro of ‘open access’

0
The Republic of Congo said infrastructure would remain state-owned and be open access which is good news for juniors such as Equatorial Resources.

DMR to lift game as auditor qualifies figures

0
The DMR acknowleged it could not cope with industry growth whilst also revealing its financial statements carried a qualified audit opinion on revenue collections.

Forbes in R45m legal fight with Rio Tinto

0
Forbes Coal capped a miserable period over the last six months disclosing it had defaulted on a loan and was involved in a legal dispute with Rio Tinto.

Kumba may restate reserves as waits on DMR

0
Kumba Iron Ore says it expected to receive its mining right but perhaps not before the year-end which could involve a restatement of reserves at Sishen.

SA miners will ‘cough up’, say lawyers

0
Black lung disease, silicosis, manganism .... Nailing South African miners for various pathologies is starting to look like pretty neat business for lawyers.

Amplats strike ends in ‘no retrenchment’ pact

0
Amplats agreed to voluntary separation packages for 3,300 employees due to be retrenched of which half will be retained for six months and may even be offered jobs.

Frandsen insists Pallinghurst turned corner

0
Pallinghurst has clawed back value this year and while it doesn't yet signal a complete turnaround, it's evidence the firm has turned the corner, says CEO Arne Frandsen.