Off The Wires

First Uranium temporarily closes Ezulwini plant

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First Uranium Corporation temporarily closed its Ezulwini Uranium plant to replace two columns in the Ion Exchange section, following a structural failure on a loading column.

Chrometco tumbles, restates 3 years of earnings

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Shares of Chrometco Ltd tumbled more than 9% to 10 cents after the South African mining exploration group said it would restate its earnings figures for the past three years.

Lafarge Mining climbs BBBEE verification ladder

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Lafarge Mining, the company with interests in limestone, has been awarded a Level 3 status in its recent Empower-Logic BBBEE verification, according to the firm.

Anglo still to sell Scaw Metal’s SA ops

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Anglo American's has confirmed plans to sell Scaw Metals' South African operations as part of a divestment programme are still on the cards.

Rio Tinto invests US$1.6bn in Aussie iron ore

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Resources giant Rio Tinto approved a US$1.6bn investment to develop the Hope Downs 4 iron ore project in Western Australia and link with Rio Tinto's existing rail, power and port infrastructure in the Pilbara.

First Quantum delays shut down of Zambian plant

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First Quantum Minerals, the Canadian mining company, has postponed its plans to halt copper production at the Bwana Mkubwa processing plant in Zambia to September.

ARM, Vale approve release of new Zambia mine

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African Rainbow Minerals, the diversified mining company, and its joint venture partner Vale SA have released the Konkola North Copper in Zambia.

Strong rand hits Optimum Coal

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A weaker export coal price and a stronger rand have put Optimum Coal's earnings under pressure.

S.Evraz Highveld slides after H1 loss

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Shares of steel maker EVRAZ Highveld Steel and Vanadium dropped by 4.8 % to R77 following its announcement of a first half headline loss.

Court hears Kebble was jovial before death

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Dominic Ntsele, the former friend of mining magnate Brett Kebble, testified at the Johannesburg High Court stating that the former JCI boss seemed in a good mood on the night he was killed.