Further delay at CoAL’s Vele colliery
The resumption of mining operations at the Vele coking coal mine has been pushed back into the first quarter of next year, but Coal of Africa remains focused on its overall growth strategy.
Vale, Rio to raise iron ore prices
Top iron ore miners Vale and Rio Tinto are likely to raise contract prices by 4% for the first quarter from the fourth quarter, reflecting gains in spot prices over the past three months.
Gold One reiterates 2011 target
Gold One International has confirmed its 2011 production guidance at 120,000 gold ounces.
Wits Gold posts loss increase
Exploration group Witwatersrand Consolidated Resources has increased its interim loss.
SA ‘on right track with mines audit’
Cleaning up South Africa's scandal-tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a welcome start, says AngloGold CEO Mark Cutifani.
CoAL in $75m deal for Rio Tinto’s Chapudi
Coal of Africa has agreed to buy the Chapudi exploration project in Limpopo from joint venture partners Rio Tinto and Kwezi Mining for $75m.
Gold One allays output fears
Gold One International, often criticised for tinkering with its forecast figures, will not miss its 120,000oz target in 2011, says CEO Neal Froneman.
Iron ore trading at half-year highs
Iron ore prices have steadied near six-month highs, supported by fewer Indian supplies and demand from Chinese steel mills.
Rio triples 2011 capex
Global miner Rio Tinto is to increase its capital spending to $11bn in 2011 as it expands its lucrative iron ore mines.
Union wants Sars to probe Aurora
Trade union Solidarity has asked the South African Revenue Service to investigate alleged mismanagement of funds by Aurora Empowerment Systems.