How to get ahead in mining
The possibility of earning a good keep with a career in mining will not be over
soon, but careful planning and a knack for some key soft skills will make you
rise higher than your well-paid peers.
Wescoal storms back, optimism high
Wescoal said high domestic prices and new production from the Eskom-
dedicated Vlakvarkfontein boded well for another earnings improvement in the
current financial year.
Optimum Coal’s loss is Metmar’s Gain
The R92m Peter Gain walked away with following the R10bn sale of Optimum
Coal Holdings to Glencore International is being pumped into recapitalising
Metmar, the metals trading company.
PTM waves the flag for Western Bushveld JV
Platinum Group Metals has confirmed it is proceeding with its plans to finance
and complete the Western Bushveld JV platinum mine, as well as expanding its
Waterberg discovery.
DMR commissions platinum task team
The Department of Mineral Resources will convene a task team to look into the
challenges facing beleaguered platinum miners.
New Tronox ready for NYSE listing
Exxaro Resources is nailing its colours to the mast to list one of its joint
ventures on the New York Stock Exchange.
Cool response to Exxaro option “frustrates’ CoAL
Coal of Africa CEO John Wallington is left disappointed as the market reacts
indifferently to news that the company and Exxaro Resources remain in talks
over Makhado.
NUM, Shabangu to talk over job losses
The National Union of Mineworkers is taking its concerns about potential job
losses in the platinum sector to a meeting with Mineral Resources Minister
Susan Shabangu.
BHP Billiton to remain Eskom’s darling
Eskom will continue to allow BHP Billiton to produce aluminium with subsidised
electricity, even if winter conditions make load shedding necessary.
Aquarius “back in the black by 2014’
Aquarius Platinum, which shut down its Marikana shaft earlier this week, will
only return to profitability by 2014, according to an analyst report.