Lonmin’s pains hit CEO Farmer’s pocket
Lonmin CEO Ian Farmer had to let go of some R3m’s worth of incentive shares in the last two months, following the miner’s failure to meet targets.
Codelco fires riposte, labels Anglo ‘erratic’
Negotiations between the two parties appear to have all but ground to a halt as Codelco launches emotionally charged legal response to Anglo American.
TFR, RBCT deliver one big push in December
Richards Bay Coal Terminal put in a strong performance during December, lifting SA’s coal exports for 2011 above the figure achieved the previous year.
Zimplats ‘hit with $28m royalties bill’
Zimbabwe has instructed the bankers for Zimplats to pay $28.3m in outstanding royalty payments, which the platinum miner is disputing, reports state media.
Village Main Reef hits output hurdles
Village Main Reef has lost some momentum in the turnaround of the assets it bought from Simmer & Jack in 2011, with all its operations recording an output decline.
Top SA mining execs consider their future
Given the shortage of skills in mining, there's a lot of interest in where executives like Metorex CEO Terence Goodlace and Rand Uranium's former CEO John Munro may end up.
Gold One completes Rand Uranium buy
Gold One International says all conditions for its acquisition of Rand Uranium for $250m have been fulfilled.
Exxaro bids A$300m for African Iron: report
Exxaro Resources has renewed its bid to take direct operating control over an iron ore mine, reportedly bidding R2.4bn for Australia's African Iron.
Indian coal giant in Limpopo rights talks
UPDATED: Coal India Ltd, the world’s largest coal producer, may be signing an agreement with the Limpopo government later in January to obtain the mining rights on several properties.
Kathu feasts in Kumba’s Envision windfalls
Kathu, the Northern Cape mining town, has been turned upside down following Kumba Iron Ore's payouts of up to R576,000 to each of its employees.