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Keaton to supply 16.5mt of coal to Eskom

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Keaton Energy says its 74%-held subsidiary Keaton Mining has concluded negotiations with Eskom to supply 16.5 million tonnes of steam coal from Phase 2 of its new Vanggatfontein Project near Delmas.

Xstrata-Merafe Chrome Venture mining unhindered

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Merafe Resources says on that the Xstrata-Merafe Chrome Venture's mining operations will continue as planned while the company prepares to present its case to the Department of Mineral Resources.

Aquarius Platinum shares plunge

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Shares in Aquarius Platinum dropped sharply in early trading on the JSE on Monday morning in response to the stringent safety directive slapped on the company by the Department of Mineral Resources.

SA govt says Kumba, Amsa will settle

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Kumba Iron Ore and ArcelorMittal SA "committed themselves" to finding a settlement, says a spokesman for South Africa's trade and industry department.

Investment flows to prop up gold – GFMS

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Take away investment flows and the gold price would topple off its current highs, market research firm, GFMS has said.

Amsa warns of beneficiation review

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ArcelorMittal SA has warned that the government's mineral enrichment plans will need a complete review if the steelmaker can no longer receive lower than market prices for iron ore.

Uranium output on the up

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Namibia's total uranium output rose 4% in the second quarter of 2010 compared with the first three months of the year, data showed.

Gem hopeful Letseng meets output target

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Amid rising diamond prices, London-listed GEM Diamonds said it hoped to meet full year production targets at its flagship Letseng mine in Lesotho.

Kumba, Arcelor set for Monday pow-wow

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Kumba Iron Ore and ArcelorMittal SA will convene an emergency meeting to help save the country's steel production after government's trade and industry minister Rob Davies stepped into the fray.

New safety rules for platinum mines

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The Department of Mineral Resources has imposed tough new restrictions on mechanised platinum mines just hours after the chief inspector of mines said this was not on the cards.