Home News Page 1293

News

Platinum miners unaffected by Zim strike

0
Platinum producers appear to escape the brunt of a wage strike in Zimbabwe which is hitting the gold sector hard.

Platinum may hit $2,000/oz in 6 months-JM

0
Rising investment may take platinum to $2,000 an ounce in the next six months, its highest since mid-2008, Johnson Matthey said in an annual report.

Trans Hex aims for Angola turnaround

0
Trans Hex now has a mining contract for the Luana concession in Angola but CEO Llewellyn Delport is tight-lipped at this stage over how it is going to be developed.

Trans Hex’s Angola operations progress

0
Diamond miner Trans Hex Group says negotiations for the conversion of its prospecting contract for the Luana Concession in Angola to a mining contract have been successfully concluded.

Jury out on Eastplats

0
There has been mixed reaction to Eastern Platinum’s March quarter results during which it broke even despite lower production thanks to rising platinum group metal prices.

Tough quarter for Anooraq

0
Anooraq's production dropped in the March quarter but the worst should be behind the junior platinum producer now that it has completed the labour restructuring programme.

Eastplats Mar Q output slumps 7%

0
Toronto, AIM and JSE-listed Eastern Platinum has reported a net profit attributable to equity shareholders of $824 000 for the quarter ended March 2010.

The Bafokeng’s royal platinum play

0
The Royal Bafokeng Nation is about to reach a hugely significant milestone with the listing on the JSE later this year of its own platinum company.

ArcelorMittal SA seeks quick end to price row

0
ArcelorMittal South Africa seeks a quick end to a price row with Kumba Iron Ore and maintains a focus on growing in Africa.

China steel sector ripe for consolidation

0
China's steel industry is ripe for consolidation in coming years, but the process elsewhere has largely run its course, says the head of ArcelorMittal , the world's largest steelmaker.