High stockpiles may slow China’s coal shipments
Some Chinese buyers are seeking to defer the delivery of prompt thermal coal shipments by at least a month, citing high stockpiles at the country's ports, sources from three affected trading firms say.
Lonmin to fight Keysha, exposure ‘minimal’
Lonmin is back in full control of its operations but unfinished business includes the dispute with Keysha Investments and what to do about former director Sivi Gounden.
Aurora confirms illegal miner deaths
Aurora Empowerment Systems claims illegal mining has cost the company at least R80m worth of damages at its East Rand operations. Four illegal miners perished at its Grootvlei mine.
Impala earnings up to 25% lower
Full year share earnings for Impala Platinum could be up to a quarter lower owing to a share-based expense.
Firestone Energy increases Waterberg resource
Firestone Energy, the Australian resources company that plans to develop coal projects in SA, has announced a significant upgrade of the shallow coal resources within the Waterberg Coal Region.
Aquarius swings back into profit
AQUARIUS Platinum swung to a net profit as higher metal prices outweighed lower output resulting from the temporary closure of the Everest mine.
Metorex expects no earnings surprise
Metorex has advised that for the 12 months ended June 2010 it expects headline earnings to be between 22c and 26c per share compared with 2009's 24c.
Anarchy and death at Aurora mine
Miners at the Aurora Empowerment Systems are concerned about their safety after allegedly being attacked by a group of trigger happy security guards.
Exxaro could keep KZ Sands going
Exxaro's KZ Sands titanium smelter could be saved by the recent upturn in the titanium market if the group can strike suitable deals with customers who want the smelter to stay in operation.
Great Basin narrows June quarter loss
Great Basin Gold reported a narrowing in year-on-year losses for the June quarter and said its flagship South African mine, Burnstone, would reach commercial production in September.