NewCo’s Platmin in healthy state
THE ramp-up problems that have beset Platmin are a thing of the past
according to Chairman Brian Gilbertson, who says the mine will achieve its
production target by year-end.
Finance a challenge for junior miners
Despite steady commodity prices, financing remains a challenge for junior miners, a financing panel told the Reuters Global Mining and Metals Summit.
Vitol speculated to take stake in CIC Energy
Dutch commodity trading group, Vitol, may take a 9.1% stake in Toronto-listed coal
exploration company, CIC Energy, according to a report by Reuters.
Tharisa bags R1bn debt, quadruples mine output
Tharisa confirmed debt facilities of R1bn, which will help it put its chrome and
PGM mine on the map ahead of a possible listing.
Randgold’s Malian assets operational
Randgold Resources CEO Mark Bristow says the company's operations in Mali are
operational, adding that conditions in the country are returning to normal.
Coal prices to keep head above water
India and China demand for coal would help keep prices above $100/t which Anglo
Coal Thermal CEO, Norman Mbazima, said was "not great" but still profitable for the
company.
Mali neighbours mull sanctions to oust junta
Sanctions or even direct force would be used to eject the military junta that last
week deposed Mali's government.
Rio Tinto reviews its diamond business
Rio Tinto says it has begun a strategic review of its diamonds business, a move which may include divesting from all its current interests.
Zimplats sideshow
For all the international attention on negotiations between Zimbabwe and
Impala Platinum, one can’t escape the suspicion that it’s all a bit of a
sideshow for the Implats share price.
No quiet exit for First Uranium
The chances of First Uranium being afforded a dignified death seem slim as
disgruntled shareholders are organising a rebellion against the disposal of key
assets.