BHP Billiton sells out of Richards Bay Minerals
BHP Billiton is selling its stake in titanium producer Richards Bay Minerals to partner Rio
Tinto; a move that is part of its strategy to exit the titanium sector which it deems
non-core.
Implats starts to dismiss ‘no shows’
Workers who did not report for duty at Impala Platinum Holdings Rustenburg mine on Wednesday will be dismissed, says the company.
Anooraq appointee presages Anglo’s ‘new deal’
Dawid Stander will be MD of Anooraq Resources' Bokoni Platinum Mines as it enters
"an exciting growth phase" - a sure hint that a refinancing deal with Anglo American
Platinum is imminent.
Xstrata 2011 coal production up, copper dips
Xstrata has posted record output from its Australian thermal coal operations in 2011 as newly commissioned Mangoola helped offset a flood-hit start to the year and strikes in SA.
Merafe’s 2011 ferrochrome production declines
Merafe Resources' attributable production of ferrochrome declined to 263,000 tonnes in the year ended December 2011 from 300,000 tonnes the previous year.
Implats appoints Goodlace as new CEO
Impala Platinum has announced the appointment of Terence Goodlace as its new CEO, with effect from July 1.
SA ‘a difficult place’ to be, says Aquarius
Aquarius Platinum CEO Stuart Murray has severely criticised the regulatory
uncertainties that adversely affect the group’s operations in both SA and Zimbabwe.
Gold One targets 300,000 oz for 2012
Gold One International has set its production forecast for 2012 at 300,000 oz, aided
by the continued ramp-up of Modder East and new contributions from Rand Uranium.
Wits Gold may seek R450m in rights issue
Wits Gold may tap shareholders for up to R450m and introduce new ones in an
effort
to boost the share’s liquidity, says CEO Philip Kotze.
Investors cry foul over Lontoh Coal
ANC bigwigs Zola Skweyiya and Aaron Motsoaledi are among several people who
invested millions of rands in Lontoh Coal - some of whom now claim they've been
misled.