BHP Q3 iron-ore output rises, warns of coal strike threat

Global diversified miner BHP Billiton produced 37.94-million tons of iron-ore in the March quarter, which is a 14% year-on-year increase, but 8% less than what it produced in the December quarter. BHP Billiton said on Wednesday that the...

Treasury debate needed to iron out mine royalty issues – KPMG

An in-depth debate with National Treasury was needed to deliberate on arbitrary conditions specified in the schedules of the South Africa’s mining royalty legislation, which were creating problems for miners, KPMG mining tax specialist...

BHP exits titanium, sells RBM stake to Rio

Mining giant BHP Billiton said on Wednesday it would exit the titanium minerals industry in South Africa, selling its 37% stake in mineral sands producer Richards Bay Minerals (RBM) to Rio Tinto. The deal would double Rio Tinto’s stake in RBM...

BHP Billiton reports record iron-ore output

The world’s largest diversified miner BHP Billiton on Wednesday reported record half-year production from its Western Australian iron-ore portfolio, with annualised output climbing to some 178-million tons. This was a 25% increase on the...

Keaton moves forward with R140m Leeuw acquisition

JSE-listed energy coal company Keaton Energy has received approval from Mineral Resources Minister Susan Shabangu to buy the controlling stake in export coal producer Leeuw Mining & Exploration (LME), it said on Wednesday. Keaton Energy reported...

14/10/2011 (On-The-Air)

South Africa has R18-trillion worth of metals and minerals with which to rebuild its economy over the next 100 years; Bad news for South Africa is that the country’s one and only zinc refinery is destined for job-destroying closure; and...

Logistics of Poverty

LOGISTICS OF POVERTY – Labourers unload energy coal from a supply truck at a wholesale market in Noida, in the outskirts of New Delhi, India. Coal-hungry India is expected to import 22% more coal from South Africa in 2011 than in 2010, says CBB...

BHP posts record iron-ore output, metallurgical coal still recovering

The world’s largest diversified miner BHP Billiton on Wednesday posted record production across a range of commodities, including iron-ore, but its metallurgical coal output from flood-hit eastern Australia continues to be muted. Marius...

Mine investors tipping Botswana as potential regional energy hub

Botswana could be a regional source of electricity generated from coal, gas and the sun, say emerging foreign mining investors. South Africa’s JSE-listed Exxaro, for example, is one of several mainly Australian explorers and mines showing a...

Mine investors tipping Botswana as potential regional energy hub

Botswana could be a regional source of electricity generated from coal, gas and sun, say emerging foreign mining investors.

BHP lifts Q3 iron-ore output 7% but warns on coking coal output

Diversified mining group BHP Billiton on Wednesday reported a 7% increase in iron-ore production, but warned that wet weather continued to impact on its metallurgical coal operations in Australia. BHP, which has iron-ore operations in Australia...

BHP to spend $9,5bn on Australian iron-ore and coal expansions

The world’s biggest diversified mining group BHP Billiton would invest $9,5-billion to expand its iron-ore and coal operations in Australia, it announced on Friday. The miner and its partners have approved $7,4-billion worth of capital...