I-Net

Merafe Resources’ attributable production of ferrochrome declined to 263,000 tonnes in the year ended December 2011 from 300,000 tonnes the previous year.

Shares in Miranda Mineral Holdings have soared during early trade, after the JSE lifted the suspension of the company’s shares.

Optimum Coal Holdings has posted a 15% drop in interim coal output, compared with the previous corresponding period

Kumba Iron Ore has reported a production increase of 4%, aided by the first contribution of the newly commissioned Kolomela mine.

Forbes & Manhattan Coal, which has listings in Toronto and Johannesburg, has reported a 245% increase in revenue year-on-year for the quarter to end-November 2011.

Uranium One has announced record production of 10.7 million pounds and record sales of 9.9 million pounds for the full year 2011, and will acquire a 13.9% stake in Mantra.

Gold One International says all conditions for its acquisition of Rand Uranium for $250m have been fulfilled.

First Uranium Corporation says the appeal lodged against Mine Waste Solutions’ water use licence has been dismissed.

Eastern Platinum says it has finalised a $100m debt facility for the funding of its Mareesburg Project.

The JSE was up more than 2% as stronger commodity prices drove the resources sector higher, although trade was thin.

Gold One International says the AUS$150 million subscription by Chinese investors has been completed – as planned before the year end.

Metorex confirms its listing on the JSE will be suspended from January 9, following its takeover by China’s Jinchuan Group.

Coal of Africa has agreed to the sale of the NiMag Group of companies, consisting of Nimag and Metalloy Resources Investments, by way of a management buyout.

DRDGold has said its negotiations with Village Main Reef regarding the latter’s R150m bid for Blyvooruitzicht Gold Mining Company are “still continuing”.

AngloGold Ashanti now holds a 19.9% stake in exploration and development company Mariana Resources.

SA’s largest copper producer Palabora Mining says it has been granted the conversion of its mining rights.

Lonmin and the Chemical, Energy, Paper, Printing, Wood and Allied Workers Union have wrapped up outstanding wage increase negotiations.

Harmony Gold said operations at Hidden Valley, its Papua New Guinea project, had resumed following an earthquake of 7.1 magnitude.

Keaton Energy Holdings says the Minister of Mineral Resources has consented to a change in control of Leeuw Mining and Exploration.

Harmony Gold Mining says it has halted operations at its Hidden Valley joint venture operation in Papua New Guinea following an earthquake.