Home News Page 1174

News

Rio expects demand for African copper to rise

0
Africa has the potential to play a significant part in satisfying what is expected to be strong medium-term growth in global copper demand, Rio Tinto said.

Implats bid R20bn for BRPM

0
UPDATED: Implats offered to buy the Bafokeng Rasimone Platinum Mine for almost R20bn before the deal was scuppered by AngloPlat, says a Royal Bafokeng executive.

Gold One offloads Megamine in White Water

0
Gold One International has confirmed it is to proceed with spin-off plans for Megamine through a reverse acquisition of White Water Resources.

Demand for Kruger rands soars

0
Alan Demby, executive chairman of the SA Gold Coin Exchange, said the record high dollar gold price has increasead demand for Kruger rands which have soared to all-time highs over the past few days.

Forsaken mines to receive R40bn repair

0
Rehabilitating South Africa's 6 000 derelict and ownerless mines will take 28 years to complete at a cost of R40bn, parliament hears.

Randgold in R310m gold shares payout

0
Randgold & Exploration has announced plans to distribute its Gold Fields stake and about R65m in cash, giving long-suffering shareholders something to cheer about.

Gold price to consolidate, for now

0
Gold prices have edged lower, pressured by a rebound in the dollar, and may enter a phase of consolidation after a record-breaking rally.

Export price declines may sharpen coal shares

0
Despite perennial problems, coal mines can be great investments - if you get them at a decent price.

RBH flays AngloPlat for vetoing deal

0
Royal Bafokeng Holdings has sharply criticised AngloPlat for blocking the sale of Bafokeng Rasimone Platinum Mine, saying the major's conduct is indicative of a "tick the box" compliance mentality.

Report leaks smelters’ power secrets

0
In a legal wrangle to disclose the cost at which Eskom supplies power to BHP Billiton's aluminium smelters, a court is told that BHP's Hillside is the world's cheapest producer.