Numsa ends industrial action at Xstrata Alloys

Wage-related industrial action at mining group Xstrata Alloys ended on Friday, after an agreement was reached between the company and the National Union of Metalworkers of South Africa (Numsa) late on Thursday. Following the endorsement of the...

New R700m Xstrata chrome mine advances, Exxaro still coy on iron-ore project details, Wits Gold wants to bring on shallow gold mine

Global diversified mining major Xstrata is stamping its authority on the ferrochrome business with progress at the R700-million Magareng chrome mine in Steelpoort, Limpopo; Exxaro will only say that it has advanced its maiden iron-ore project into...

Xstrata opens new mining complex in Steelpoort

Global diversified mining group Xstrata has officially opened its newest South African mine, the Magareng chrome mine in Steelpoort, Limpopo.

Energy for Xstrata's R4,9bn Lion ferrochrome add-on, plus new R700m mine

The London-listed global ferrochrome leader Xstrata is pressing ahead with its long-delayed second-phase expansion of the Lion plant in South Africa, following an energy nod from Eskom augmented by the company's own self-generation plans. Going...

Lonmin acquisition will lessen power challenge – Xstrata

The acquisition of platinum producer Lonmin would facilitate power flexibility and allow energy to be switched to the highest margin parts of the business, Xstrata CEO Mick Davis told Mining Weekly Online on Wednesday, after making a £33 a share...

Xstrata to pay $12m for Nkwe’s De Wildt prospect

Diversified mining giant Xstrata on Friday unveiled its first platinum acquisition since it bought junior Eland Platinum last year, this time the target is black-controlled junior Nkwe Platinum's De Wildt prospect, which lies adjacent to the...

Miner targets platinum, coal and nickel expansion

Diversified mining group Xstrata Resources (Xstrata) is targeting the platinum, coal, and nickel sectors in a move to achieve company growth.

Xstrata’s new Elandsfontein to deliver first concentrate next week

Global mining giant Xstrata's Elandsfontein platinum concentrator is already operating near design capacity, and the company will deliver the first concentrate to the world's biggest producer of the white metal, Anglo Platinum, in the...

Xstrata makes R7,5bn cash offer for Eland

Diversified mining giant Xstrata has made a friendly offer to buy junior platinum firm Eland Platinum for R7,5-billion (about $1-billion) in cash, it said on Tuesday. This was a 14% premium over the current 30 day volume-weighted average pric,...

Xstrata Alloys unveils R575m community-based BEE deal

Xstrata Alloys announced late on Monday that it had concluded a black economic-empowerment (BEE) transaction with the Bakwena Ba Mogopa community.

$125m project to drop costs for Xstrata-Merafe venture

The Xstrata-Merafe chrome Venture is to construct a chrome ore agglomeration facility at its Wonderkop site, named Project Bokamoso.

Xstrata Alloys divests of Windimurra

Alloy company Xstrata Alloys has announced that the sale by it of the tenements, remaining assets and Windimurra project information to and Precious Metals Australia has been completed.