Platmin focus on boosting Q3 perfomance
Unkind weather, between April and May, and reconstruction of the pinion at the Merensky mill slowed down Platmin's operational perfomance during Q2.
High stockpiles may slow China’s coal shipments
Some Chinese buyers are seeking to defer the delivery of prompt thermal coal shipments by at least a month, citing high stockpiles at the country's ports, sources from three affected trading firms say.
Aquarius swings back into profit
AQUARIUS Platinum swung to a net profit as higher metal prices outweighed lower output resulting from the temporary closure of the Everest mine.
Metorex expects no earnings surprise
Metorex has advised that for the 12 months ended June 2010 it expects headline earnings to be between 22c and 26c per share compared with 2009's 24c.
AngloGold to keep hedge options open
AngloGold Ashanti's Mark Cutifani says the group will keep an open mind on removing the remainder of its hedge book, now less than a year's production.
Impala earnings up to 25% lower
Full year share earnings for Impala Platinum could be up to a quarter lower owing to a share-based expense.
Firestone Energy increases Waterberg resource
Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.
Anarchy and death at Aurora mine
Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.
Eastplats takes a knock
Eastern Platinum has been hit by lower production and sharply higher costs after it dismissed a quarter of its production crews in May because of poor safety compliance.
Eskom contracts independent power producers
ESKOM has contracted five independent power producers to commission privately generated electricity to boost its energy supply.