Worst is over for global coal sector
The slump in prices in the coal sector may have bottomed out owing to cuts in production with a turnaround imminent, said Peabody Coal Corporation.
Markets weigh heavily on Metmar
The difficult times continue for Metmar which posted a doubling in headline share losses owing to commodity price weakness.
CoAL looking forward to $64.9m inflow
Coal of Africa said it would consider cash preservation if funds from an approved $64.9m were not registered this month.
Colliery will pollute Vaal River water
A proposal to develop a coal colliery on the banks of South Africa's Vaal River has been criticised by Rand Water.
Tongon to be in 10% of 260koz target
Tongon, the Cote d’Ivoire gold mine owned by Randgold Resources, would be 10% within its 2014 production target despite difficulties and setbacks.
First ore delivered from Anglo’s Minas Rio
Some 80,000 tonnes in iron ore was delivered by Anglo American from its Minas Rio mine, the group said.
Kumba lifts full-year output forecast
Anglo American subsidiary, Kumba Iron Ore, said full year production would be between 45 and 46 million tonnes.
African Barrick looks to transformational deal
African Barrick, which mines about 700,000 oz/year in gold from Tanzania, would seek a deal to take output to one million ounces/year in 2015.
NUM calls on minister to reject Northam deal
The National Union of Mineworkers said Northam Platinum's R6.6bn BEE deal was not broad-based and there had not been proper consultation with the union.
Rio extend Walsh employment contract
Rio Tinto said it had extended the employment contracts of its key executives: CEO, Sam Walsh and Chris Lynch, the group's CFO.