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Sibanye Gold weighs Beatrix uranium option

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Posted by admin 52 days ago (http://www.miningmx.com)
All options would be considered to keep the fire-hit Beatrix West open including an interation of plans to mine it for its original purpose: uranium.

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Resgen gets $132m funding deal with Noble

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Posted by admin 52 days ago (http://www.miningmx.com)
Resource Generation has secured financing for its Waterberg coal project Boikarabelo following an equity and debt deal with Noble Group, a trading firm.

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Ruinous BHP contract drove Eskom hikes

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Posted by admin 56 days ago (http://www.miningmx.com)
Volatility in the price of aluminium destabilised Eskom's finances after 2006 and was the real reason for its 2010 tariff hikes, not the coal price as stated by Eskom.

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Path cleared for Amsa, Kumba to resume talks

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Posted by admin 57 days ago (http://www.miningmx.com)
ArcelorMittal SA and Kumba Iron Ore may not begin arbitration or even resume negotiations as an appeal over the right to mine Sishen is rejected by the court.

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Graft contagion besets Zimbabwe mining sector

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Posted by admin 57 days ago (http://www.miningmx.com)
Zimbabwe remains stricken by allegations of corruption in its mining sector with the EU the latest to heighten the pressure on its government-owned mining company.

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Atlatsa chops growth plans in new, lean look

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Posted by admin 58 days ago (http://www.miningmx.com)
Shaped now to a platinum market that is expected to rattle along the bottom, the new look Atlatsa Resources has less debt and lower growth targets.

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SA's state firms may get China funds boost

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Posted by admin 58 days ago (http://www.miningmx.com)
Other state-owned enterprises could benefit from funding provided by China following a loan agreement between Transnet and the China Development Bank.

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Transnet turns to China amid credit, growth fears

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Posted by admin 59 days ago (http://www.miningmx.com)
South African state-owned freight company, Transnet, is to enlist the hefty balance sheet of the Chinese government after the two countries sign a deal on cooperation.

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