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Palabora lifts Q3 copper mine production

JOHANNESBURG ( Palabora Mining on Tuesday reported increased third-quarter copper mine production, but said that its refined output dropped. The company, South Africa’s only major copper producer, increased the ore hoisted by 11% to...

Banpu moves to raise Hunnu Coal interest beyond 25 pct

PERTH ( Asian coal and energy provider Banpu Minerals has increased it shareholding in takeover target Hunnu Coal to over 25% after receiving Foreign Investment Review Board approval. The deal has also been approved by the Bank of...

Nimrodel extends Botswana coal exploration footprint

PERTH ( Australia-listed Nimrodel Resources has signed a farm-in and joint venture (JV) agreement to acquire up to 65% of Botswana-domiciled company Triprop Energy. The agreement with Triprop increased Nimrodel’s target area in Botsw...

Richards Bay Coal Terminal CEO quits

Richards Bay Coal Terminal (RBCT) CEO Raymond Chirwa has resigned. RBCT chairperson Imogen Mkhize said in a statement that RBCT’s GM Alan Waller would act as RBCT CEO until further notice.
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Xstrata to develop south decline at Helena mine

Diversified miner Xstrata Alloys was progressing the ramp-up of its Helena chrome mine, in Mpumalanga, with the development of a south decline underground, the company said.