Merafe to return to the black
Merafe Resources said on Thursday it expected to report a return to black for the six months to the end of June.
Absa raises R128m bond issue for Simmers
Absa Capital has raised R128m in a high yield, unrated bond issuance for Simmer & Jack Mines.
Bullish outlook for coking coal
MF Global reckons the coking coal market has better fundamentals than the iron ore market and Mozambique stands to benefit significantly but only when the required infrastructure is provided.
Highveld Q2 hot metal output jumps
Highveld Steel and Vanadium, SA's second-largest steel producer, has reported a 19.1%
increase in year-on-year production in the second quarter of 2010.
Northam, Jubilee to explore furnace plan
Northam Platinum and Jubilee Platinum have agreed to explore development of a 'ConRoast' facility in the first step to developing another source of furnace capacity in South Africa's platinum industry.
Simmers cuts it fine on loan repayment
Simmer and Jack still needs to sell another R70m worth of bonds to meet the R100m repayment due to Rand Merchant Bank at the end of the month.
NUM overwhelmingly rejects Kumba’s wage offer
The National Union of Mineworkers says thousands of its members had "overwhelmingly" rejected Kumba Iron Ore's wage offer.
Resgen goes for it in the Waterberg
Australian junior Resource Generation has big plans for its proposed coal mine in the Waterberg but success will depend on solving critical railway and port infrastructure bottlenecks.
Zim wants mining conducted by state
Zimbabwe would like to have all alluvial diamond mining conducted by the state, says Finance Minister Tendai Biti.
Iron ore prices to stay high
Iron ore prices will stay high for another two to three years according to institution MF Global which says China is investing in new iron ore projects in order to boost supply and lower prices.