Home News Page 912

News

Eskom tariff is ‘tipping point’ for mines: Cutifani

0
President of the Chamber of Mines, Mark Cutifani carried the standard for the industry saying Eskom's tariff application would results in more mine restructuring.

Motsepe to donate personal wealth

0
Patrice Motsepe, chairman of African Rainbow Minerals, is to donate hundreds of millions of rands to charitable organisations.

AngloGold sees 11% Tropicana capex hike

0
AngloGold Ashanti said capital expenditure at its western Australia prospect, Tropicana would be 11% higher than the mid-point of its estimates in 2010.

Govt to spell out coal growth prospects

0
A government task team will set down areas in which coal production can be grown, primarily aimed at plugging the coal supply shortage facing Eskom.

Harmony ‘step closer’ to reopening mine

0
Graham Briggs, CEO of Harmony Gold, said a meeting had taken the company "a step closer" to reopening its Kusasalethu gold mine on Johannesburg's west Rand.

Anglo in $4bn Minas Rio write-down

0
Anglo American has written down its Minas Rio iron ore project by $4bn and said capital expenditure will increase to $8.8bn as it chases a 2014 production deadline.

Anglo joins litany of billion dollar write-downs

0
It's been a grim time for the diversified mining firms: as billions of dollars have been written-off in investments and projects. Here's a sample of the worst.

Amplats’ Griffith hails ‘constructive talks’

0
Chris Griffith, CEO of Anglo American Platinum, said the firm's relationship with mines minister, Susan Shabangu, is "back where it should be".

Godongwana rules out MPRDA compromise

0
The ANC's Enoch Godongwana doubted the mining industry had room for manouevre regarding proposed amendments to the country's minerals legislation.

JCI’s Gray in firing line over salaries, fees

0
Peter Gray, CEO of cash shell JCI, was grilled by shareholders who want to know why he collects a large salary when the firm is not generating cash.