Tronox adds vim to under-valued Exxaro Resources
Coal prices may have flagged lately, but there are high expectations for the
effect the mineral sands industry can have on Exxaro Resources’ share price.
Flagship R10.7bn manganese project in disarray
ArcelorMittal may escalate legal action as it suspects corporate governance
failures at Kalagadi Manganese, the flagship venture of South Africa’s
beneficiation strategy.
Lonmin reports Marikana fatality
Platinum producer Lonmin has reported a fatality at the Rowland shaft of its Marikana mine.
MRI in hunt for Water Affairs AMD tender
Mine Restoration Investments will chase down a multi-million rand tender to
clean South Africa’s acid mine drainage after listing and raising R40m on the
JSE’s Altx.
Dirt diggers can leave for Australia: Jourdan
Paul Jourdan, a co-author of the State Intervention in Mining report, says
minerals should be left unmined if industrialisation is not the direct
consequence of digging for them.
Anglo American, Codelco extend talks deadline
Anglo American and Chile’s state-owned copper producer, Codelco, have
extended talks to reach a settlement over the disputed stake in Anglo American
Sur.
Smokey Hills on the brink
ASX-listed Platinum Australia’s Smokey Hills mine is facing an uncertain future
following the group’s decision to do "an urgent review' of the operation.
RBPlats likely to tap market for Styldrift funds
The basket price for platinum group metals was likely to see Royal Bafokeng
Platinum tap shareholders for funds to complete its R7.9bn share of the Styldrift
project, but not before 2014.
Kumba bullish on iron ore price prospects
Kumba Iron Ore sees the long-term price of iron ore "much higher' than $80
per tonne, while the prevailing higher prices will last longer than what markets
have anticipated.
Gold One upholds East Modder dismissals
Gold One International said there were not enough mitigating factors to
consider reversing dismissals of workers who had gone on strike illegally at its
East Modder mine earlier this month.