Grade, stoppages hit Harmony output
Harmony Gold says its gold production for 2012’s first quarter is 18% lower than the period to end-December.
China aims for soft landing, says World Bank
A new World Bank report projects GDP growth in China will be 8.2% in 2012 and 8.6% in 2013.
ConCourt makes mine zoning judgment
Mining companies have to obtain permission not only from the Department of
Mineral Resources for mining or prospecting on a piece of land, but also from
local authorities.
Gold, PGM output take a hit
South Africa's mining output fell sharply in volume terms in February, highlighting the impact of a government safety drive and a strike at Impala Platinum, reports Reuters.
Gold: “Well south of $1,000’
Thomson Reuters GFMS metals consultancy’s Paul Walker has tempered his
firm’s optimism about the shorter-term prospects of gold with a stark warning.
Modikwa employees return to work
Modikwa Platinum has agreed to wage increases of between 8.5% and 10%, ending a three week protected strike.
Anglo mulls power plant bids – Business Day
Anglo American may this year appoint a service provider to build a 450MW power plant to take pressure off its platinum subsidiary’s electricity constraints, reports Business Day.
Watchdog approves Anglo’s De Beers deal
South Africa's Competition Commission has given Anglo American's buy-out of De Beers the green light.
Keaton output gains momentum
Keaton Energy has reported across-the-board production increases from its operations in the financial year to end-March.
Eskom buy-backs boost ferrochrome price
Merafe Resources CEO, Stuart Eliot, says the South African ferrochrome
industry is only operating at 65% capacity, accounting for the boost in second-
quarter prices.