Platinum plunged into surplus as inventories weigh
Platinum swung into a 430,000 oz surplus in 2011 and was unlikely to recover in
2012 as falling output from South Africa was easily offset by the release of the
metal from inventories.
Interruption to smelting at Northam’s Zondereinde
Northam Platinum says its smelting operations at the Zondereinde mine have been suspended.
ICT, DMR granted leave to appeal in Sishen case
The legal wrangle over the mineral rights of Kumba Iron Ore's Sishen mine is set to continue in the Supreme Court of Appeal.
Transnet unveils concept for own coal terminal
Transnet has floated the remarkable idea that it may develop and manage its own
export-dedicated coal terminal in an effort to boost the fortunes of small-
scale, black-owned coal miners.
SA govt approves CoAL Chapudi deal
Coal of Africa's bid for Rio Tinto's Chapudi coking coal exploration assets was finally
approved after it won the blessing of the South African government.
Amsa stages turnaround, warns of dark clouds
An insurance payout, the return to production of the Newcastle plant, and restocking
spelled good news for ArcelorMittal SA which nonetheless warned that domestic
steel demand conditions were "lacklustre".
Lapsed rights auction scheduled for June
The first round of bidding for lapsed or revoked mining rights will take place before the end of June, says Minister of Mineral Resources Susan Shabangu.
Tata Power moots SA ‘stranded coal’ plan
Eskom has warned against exportation of coals it could use for South Africa's power
generation, but an Indian company says its involvement in the industry should be
seen as an opportunity.
MPRDA review proceeds without Sims input
Minister of Mineral Resources Susan Shabangu has given her strongest indication yet that miners will not face the burdensome proposals contained in the ANC’s policy document.
AngloGold dividend muted amid $1.9bn outlay
At the risk of disappointing investors, AngloGold's Mark Cutifani kept to his promise
of a 13 US cents and supported the decision with a $1.9bn, 500,000 oz/year
production expansion strategy.