IFM ponders Eskom buy-back offer
International Ferro Metals may soon join SA’s other ferro alloy producers by shutting
down furnaces in an allocation buy-back agreement with Eskom.
Nkwe unfazed over ARM’s rights threat
Nkwe Platinum has played down the company’s unresolved row with ARM and Amplats,
saying the dispute won’t stand in the way of the company advancing a flagship
project.
Merafe/Xstrata in power deal with Eskom
The chrome venture between Xstrata and Merafe Resources will temporarily shut down five ferrochrome furnances to assist Eskom with power supply constraints.
Anglo to assess Amplats restructuring
UPDATED: Anglo American CEO, Cynthia Carroll, has lost patience with declining
returns from its listed platinum business, Amplats, and is now considering its "optimal
configuration".
Minmetals seals $1.3bn Anvil takeover
China's Minmetals Resources has succeeded with its C$1.3bn bid for Anvil Mining, winning 90% acceptances, says the Hong Kong-listed firm.
Anglo, Kumba join West Africa iron ore rush
Anglo American and Kumba Iron Ore have joined forces to eke out possible iron ore
opportunities in Africa, especially the in-vogue West Africa region.
Gold Fields evaluates options on uranium JV
Gold Fields hopes to make a decision within three months on the way forward for the
proposed West Rand tailings treatment JV with Gold One International.
Impala Platinum hit by safety stoppages
Impala Platinum is the latest in a long line of mining companies to report production
losses caused by an increased number of Section 54 stoppages.
Gold demand up in 2011 – WGC
Gold demand struck 14-year highs in 2011, driven by record investment buying in China, which may overtake India this year as the world's top consumer.
Impala strike turns violent
Thousands of protesting miners have burnt tyres and torched a police office near Impala Platinum's Rustenburg mine, as a month-long strike turns violent.