Glencore Q1 output figures disappoint
Glencore posted a 9% quarter-on-quarter decline in copper production to 350,700 tonnes in a performance an analyst said was disappointing.
RioZim seeking $1.2bn for 1,400MW plant
RioZim, a gold and diamond mining company, was hoping to sign power purchase agreements that would enable it to raise $1.2bn for a 1,400MW power plant.
DMR misses end-April charter court target
The South African government had missed a self-imposed end-April deadline for clarity on the mining charter as it had not yet submitted papers to the courts.
Traxys in R294m bid for Metmar
Luxembourg trader, Traxys, offers 110 cents per Metmar share which is a good premium to its recent trading history but discounts its tangible net asset value.
Market talk swirls as readies for South32
BHP Billiton shareholders were likely to approve the demerger of assets creating South32 but there was little additional certainty about its future.
Kuyasa plans $1.7bn, 600MW power plant
Junior miner, Kuyasa Mining, said it was part of a consortium bidding to build a $1.7bn, 600MW power plant supplied with coal from Kuyasa's Delmas coal mine.
Northam progress R450m Everest deal
The first R400m part of the R450m purchase of Everest mine from Aquarius Platinum by Northam Platinum had become unconditional.
Xtract to study copper oxide dump
Xtract Resources is to conduct a due diligence on a copper oxide dump in return for issuing shares in the company to the resource owner, Shirley Hayes IPK.
Acacia net cash down, output in line
Acacia Mining was on track to produce up to 800,000 ounces of gold at an all in sustaining cost of $1,100/oz, but it posted some first quarter bumps and scrapes.
CoAL’s Vele faces new environmental appeal
Opposition to Coal of Africa's Vele colliery, in SA's Limpopo province, would appear to be unstinting with a fresh appeal against the operation lodged in April.