COAL COMFORT

Investec Securities analysts Louise Collinge and Hunter Hillcoat maintain a buy on Coal of Africa (CoAL) thanks to the comfort the ASX-, JSE- and Aim-listed company has provided by advancing its coking coal projects and ending the March quarter...

South African miners having to meet 2011 costs on 2007 prices: Aquarius Platinum

The Beatles’ song Lucy in the Sky with Diamonds heralded Aquarius Platinum’s presentation of results for the 12 months to June 30, but a more appropriate melody may have been Singing the Blues.

Aquarius takes $160m Blue Ridge impairment, 'ambles' forward

The ASX-, LSE- and JSE-listed platinum miner Aquarius Platinum has taken a $160-million impairment knock on its currency-hit Blue Ridge Platinum Mine and has also closed. The Blue Ridge impairment and also the Marikana Shaft One closure marred...

‘Provisional' iron-ore prices poised to become settlement prices – analysts

There may not be an iron-ore price settlement at all this year, and the "provisional" prices that are being charged by iron-ore producers may become the effective benchmark settlement prices, analysts tell Mining Weekly Online. Drama clouded this...

The cash-flush platinum minnow with major margin

Cash-flush Sylvania Resources is a mining minnow with cash on hand that belies both its age and its size. The two-year-old, eleven-person Australia- and London-listed company already has a R300-million cash pile that is increasing at a rate of...

The cash-flush platinum minnow with major margin

Cash-flush Sylvania Resources is a mining minnow with cash on hand that belies both its age and its size. The two-year-old, eleven-person Australia- and London-listed company already has a R300-million cash pile that is increasing at a rate of...