We're sorry, but we don't have any articles at this address...
Make sure you have the correct URL or browse some of our breaking news stories below...
By: Reuters Chile reduced its forecast for production of copper in 2014 to 5.83-million tonnes, down from a previous prediction for 5.95-million tonnes. State copper commission Cochilco said on Friday that the country, the world's top copper producer, would likely produce a record 6.23-million tonnes in 2015. →
By: Reuters Five companies have been short-listed to replace the century-old London gold benchmark with a new electronic system, which is expected to be in place within the next few months, the London Bullion Market Association (LBMA) said. Broker Autilla Ltd (Sapient), the Chicago Mercantile Exchange... →
By: Henry Lazenby US miner Cliffs Natural Resources on Friday reported that it expected to book a $6-billion after-tax non-cash impairment on its seaborne iron-ore and coal assets in the third quarter, sending its NYSE-listed stock sliding as much as 10% during intraday trading. The Cleveland, Ohio-based company... →
By: Natasha Odendaal An ongoing strike at Glencore Merafe Chrome Venture’s western mines, which are, as a result, not operational, will not impact on output or sales obligations, said JSE-listed black-owned and -managed ferrochrome company Merafe Resources. Outlining the company’s quarterly performance to... →
By: Leandi Kolver Despite the National Union of Metalworkers of South Africa (Numsa) strike in July and the post-strike production ramp-up in August, Aim- and AltX-listed Jubilee Platinum’s Middelburg smelter operation, in Mpumalanga, increased its profit by 4.5% quarter-on-quarter for the three months ended... →
By: Leandi Kolver The Railway Safety Regulator (RSR) on Friday said it was investigating a collision between a locomotive and a bus carrying 45 people at a platinum mine, in Rustenburg, on Friday morning. The accident occurred on a mining siding when the bus transporting mineworkers stalled on the railway tracks,... →
By: Natasha Odendaal London-listed Kenmare Resources has entered into discussions with Australian mineral sands miner Iluka Resources over a potential bid for the Irish miner. Kenmare initially rejected the proposed takeover after receiving a nonbinding conditional proposal from Iluka in June. →
By: Schalk Burger The graduation of 85 employees of State-owned logistics company Transnet Freight Rail (TFR) in rail sciences planted the seeds for future rail industry growth and formed an integral part of TFR’s R201-billion rail infrastructure roll-out plans, Transnet CEO Brian Molefe said on Thursday at the... →