R/€ = 14.51
R/$ = 10.50
Au 1294.90 $/oz
Pt 1413.00 $/oz
Sep 10, 2012
Diversified giant Rio Tinto has doubled its holding in Richards Bay Minerals (RBM) after it completed the acquisition of fellow miner BHP Billiton’s 37% interest for $1.7-billion. In February, Rio and BHP announced that the two companies had exercised an option...
May 15, 2012
The light has turned amber for additional investment in iron-ore production, but it remains green for investment in copper, says the world’s biggest diversified mining company. A lower rate of growth is on the way in China’s demand for global seaborne iron-ore...
Apr 26, 2012
ASX- and JSE-listed Gold One on Thursday announced the appointments of Wayne Robinson as executive VP for the South African operations and Michael Li as senior VP for Asia. Robinson, the former MD for Eastern Platinum, would provide mining expertise, leadership and...
Feb 08, 2012
Diversified giant BHP Billiton would continue to take “deliberate measures” to address the challenges that its downstream-oriented businesses were facing, CEO Marius Kloppers said on Wednesday. In its financial results for the first six months of 2012, BHP noted...
Feb 01, 2012
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 to 74%, with black...
May 26, 2011
Great Western Minerals could more than double production at its South Africa rare earths project if it strikes a deal to extract the valuable elements from waste that companies including Exxaro Resources and Richards Bay Minerals generate from their titanium...
Mar 07, 2011
The supply-constrained heavy minerals market is currently “pretty exciting", says Richards Bay Minerals (RBM) CFO Bruce Beath. “We’re sold out on all four products for the next year to three years,” Beath tells Mining Weekly Online. South Africa’s RBM -...
Oct 08, 2010
South Africa's Richards Bay Minerals (RBM), joint-venture company between BHP Billiton and Rio Tinto, on Friday said that Dr Elaine Dorward-King would replace Cameron McRae as MD of the company in December. McRae will leave RBM to become the president and CEO of the...
Sep 03, 2010
Sep 02, 2010
Aug 30, 2010
Oct 22, 2009
JSE-listed Top Fix Holdings has secured new contracts to supply scaffolding services worth about R100-million to mineral sands producer Richards Bay Minerals (RBM) and other clients in the Richards Bay area. The company noted in a statement that the contracts would...
Sep 18, 2009
Occupational safety specialist company RRM Consulting & Developments reports that a lack of competence and awareness among workers results in accidents in mines and on industrial sites, and that sufficient training is the only way to reduce the number of...
Jul 18, 2008
Engineering and environmental consultanting company SSI has recently completed the construction phase of a multi-million contract awarded by Quebec Iron and Titanium (QIT) Madagascar Minerals (QMM) in Madagascar.
Mar 14, 2008
CEO of Trans-Caledon Tunnel Authority (TCTA)
Jan 18, 2008
Beleaguered power firm Eskom CE Jacob Maroga will on Monday meet with his counterparts from the firm's top 150 industrial customers to discuss the country's power shortage, an official confirmed on Friday.
Jan 18, 2008
Beleaguered power firm Eskom CE Jacob Maroga will on Monday meet with his counterparts from the firm's top 150 industrial customers to discuss the country's power shortage, an official confirmed on Friday. This included Eskom's top-five customers - a...
Jul 27, 2007
Diversified mining giant Rio Tinto's established presence in South Africa would 'certainly support' aluminium producer Alcan's smelter project that it plans for Coega, in the Eastern Cape, the company's CEO said, after announcing that Rio...
Dec 13, 2006
The world's second-biggest miner by market capitalisation, Rio Tinto, has been granted “over 70” licences to prospect for coal in South Africa, and describes the country as offering “attractive investments opportunities”. In an exclusive...
Sep 26, 2006
Black economic-empowered investment company AfroCentric and resources giant Rio Tinto on Tuesday completed a strategic cooperation agreement covering exploration and mining-related opportunities in Southern Africa, a regulatory notice to JSE shareholders said.
Jan 27, 2006
Titanium producer Richards Bay Minerals (RBM) has appointed Alan Crichton as GM of final products, following the retirement of Dr John Taylor.
Nov 09, 2005
Titanium producer Richards Bay Minerals has embarked on a R1-million implementation of the Hyperion Strategic Finance application for its value planning and strategic modelling requirements.
Nov 08, 2005
Titanium metal producer Richards Bay Minerals (RBM) has appointed Thabi Shange as GM of strategic affairs, where she will overlook issues such as new-order rights conversions.
Jul 13, 2005
Diversified miners BHP Billiton and Rio Tinto's joint venture Richards Bay Minerals (RBM) has started a three-week geophysical survey.
Apr 22, 2005
South African-based gas company Afrox has recently taken on the official distributorship for BOC Edwards’s industrial vacuum pumps and systems in South Africa.
Feb 17, 2005
South African company Richards Bay Minerals (RBM) has won the business development and support category of the uMyezane Awards for black economic empowerment (BEE) achievement presented by the KwaZulu-Natal Department of Economic Development in Durban last week.
Jan 14, 2005
Johannesburg-based steel-fabrication and construction company Concor Engineering is involved in three large projects.
Jun 15, 2004
South African heavy-minerals producer Richards Bay Minerals (RBM) won a Mail & Guardian ‘Greening the Future Investing in the Environment’ award for innovation in rehabilitation at a ceremony cohosted by Earthyear, in Johannesburg.
Mar 15, 2004
Mineral sands miner Richards Bay Minerals (RBM) and the Dube and Mkhwanazi Tribal Authorities, the two local communities surrounding the Zulti South mining lease area, south of Richards Bay, signed a shareholding agreement at the weekend to create Nozalela Mineral...