Govt may rule in vexed iron ore dispute
A temporary peace has been called between ArcelorMittal and Kumba Iron Ore but government has a key role to play as it's concerned at how steel prices could be affected.
De Beers’ Penny quits firm
De Beers CEO, Gareth Penny, ended a five year reign at the helm of the diamond group on Friday even as it unveiled a doubling in pretax earnings, an 84% increase in sales and a doubling in production.
Eastplats lifts output despite dismissals
Eastern Platinum dismissed 15 contract stoping crews in May but still managed to keep production in the period on an even keel quarter-on-quarter.
Kumba strikes interim deal with ArcelorMittal
UPDATED - Kumba Iron Ore and ArcelorMittal have reached an interim pricing agreement which will keep iron ore supplies flowing to the steel producer.
Kumba arbitration could take two years
It could take between one and two years for arbitration proceedings over the disputed iron ore contract between Kumba Iron Ore and ArcelorMittal to reach a decision.
Lonmin to meet platinum sales target
Lonmin will meet its forecast of selling 700,000 oz of platinum in the year to September but at an additional cost of $17.5m because some 20,000 oz of platinum will be toll-smelted by a competitor.
Kumba’s interim profits soar
Kumba Iron Ore has reported a 90% surge in profits for the first six months of 2010 but sounded a note of caution on expected trading conditions in the second half which could show a modest slowdown.
Marikana yields higher output for Lonmin
Lonmin said third quarter output from its Marikana underground operations yielded a 10.2% increase compared to the same period last year.
RBCT workers end wage strike
Some striking workers at the Richards Bay Coal Terminal have resumed work after accepting a 9.5% wage rise offer by RBCT, a company official says.
Randgold DRC project ahead of schedule
International gold mining and exploration company Randgold Resources says construction on its Kibali project in the DRC is six months ahead of schedule.