Home Off The Wires

Off The Wires

Dozen firms, NGOs affected by Ebola risk

0
The ebola virus outbreak in west Africa is starting to have an affect on the way miners in the region operate.

Rios may launch share buy-back

0
Rio Tinto may launch a share buy-back programme as it delivers on promises to return value to investors, an analyst said.

Manganese growth will recover: Kaboku

0
The long term outlook for manganese remained solid owing to China and India demand, said Tokkas van Heerden, CEO of Kaboku Mining.

Amplats earnings aided by inventory recount

0
An increase in metal inventories and higher production would help Amplats to headline share earnings of up to 950 cents compared to 60c/share previously.

IMF raises growth forecast for Congo

0
The International Monetary Fund said the Democratic Republic of Congo's economy would grow at a faster than anticipated rate owing to higher copper output.

Zwane hails Impala, NUM agreement

0
South African mines minister, Mosebenzi Zwane, welcomed an agreement in which mineworkers dismissed by Impala Platinum during a strike in 2012 .

Gold production peaked in Q4

0
The outlook for the gold price will be boosted by the likelihood that production from new sources had peaked last year.

BHP Billiton turns in strong output figures

0
BHP Billiton produced a strong first half production performance and said volumes would grow an aggregate 16% over the next two years.

Bloomberg donates $30m to reducing coal use

0
Michael Bloomberg, New York major, donated $30m in order to cut the number of coal plants in the US by half, reduce carbon emissions, and save lives.

Kinross pays $33m to disgruntled shareholder

0
Kinross is to pay $33m to a disgruntled shareholder which said the Canadian gold miner had misled it about the quality of Tasiast, a mine written down by $6bn.