Home News Page 1224

News

Anglo Platinum continues to deliver

0
Anglo Platinum is the standout performer in the September quarter production update from Anglo American, as the group's turnaround under CEO Neville Nicolau continues.

Kumba plagued by problems

0
Kumba's output in the third quarter declined by 5% while export sales volumes fell 12%, dragged down by logistical problems.

DRDGOLD: time for ‘waffling’ to end

0
DRDGOLD CEO Niel Pretorius has given an impassioned but forthright assessment of how exorbitant costs, uncertainty and nationalisation talks are hurting SA's mining industry.

Power hikes hit DRDGOLD

0
Eskom's winter power surcharge and wage increases have cut into the fortunes of gold producer DRDGOLD, which reported a 24% quarterly decrease in operating profit.

AngloPlat output jumps, warns on rand

0
Anglo Platinum posted an 11% rise in third-quarter production, but said the stronger rand may hurt its earnings.

Rio Tinto bids to be top iron ore producer

0
Global miner Rio Tinto has approved a $3.1bn iron ore expansion, staking a claim to become the world's leading producer and defying industry concerns over a new Australian mining tax.

Old Mutual linked to Zim probe

0
A SA company, with ties to Old Mutual, has been asked to disclose details on a subsidiary's operations in Zimbabwe's Marange diamond fields.

Fight heats up over KZN mine deal

0
IFP general secretary Musa Zondi has dismissed reports that "BEE fat cats" will benefit from a R4.5bn mining deal at the expense of local communities in KwaZulu-Natal.

First Uranium shares mark time

0
First Uranium shares are stuck near their 12-month low following unexciting results for the September quarter during which the ramp up at the Ezulwini mine was delayed.

Kalahari ‘hijackers’ arrested

0
The alleged hijackers of mining firm Kalahari Resources have been arrested and will appear in the Pretoria Commercial Crimes Court on fraud charges.