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Govt seeks discount ore deal for steel firms

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Government is pursuing a deal with domestic steel and iron industries that will allow steel firms to source iron ore from Kumba at a discount, subject to a steel pricing agreement.

Kumba dampens cheap iron ore hopes

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Kumba Iron Ore says it will not enter into a state-initiated discount iron ore agreement before its disputes over prospecting rights in Sishen Iron Ore are resolved.

African Eagle updates Zanzui nickel prospects

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African Eagle Resources says its Zanzui project in Tanzania has shown potential of a significant nickel oxide deposit, based on drilling completed to date.

Gem Diamonds bags millions for big stones

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Gem Diamonds Ltd has sold two major gems found at its Letseng mine in Lesotho for a total of $22.7m.

Trans Hex November earnings top R100m

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Trans Hex says its November tender sales of South African production amounted to R100.6m.

Uranium One jumps on sale go-ahead

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Shares in Uranium One have ticked up 6% following the announcement that the group received approval from US authorities to proceed with the sale of a controlling stake in itself to a Russian miner.

Patel’s jobs target ‘not pie in the sky’

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The state job growth target for mining, as set out in its New Growth Path, is not unattainable as long as certain key constraints are addressed, says an industry body.

Great Basin’s Hollister on safety watch-list

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Great Basin Gold says US authorities has detected potential safety violations at its Hollister mine in Nevada.

Russia slaps anti-dumping duty on SA

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Russia has introduced a three-year, anti-dumping import duty on some flat-rolled steel products from SA.

Third party bags Palabora rights

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In a new incident related to SA's mining legislation, Palabora Mining Company says a mining right for some of its assets has been awarded to a third party.