Diversified mining group Xstrata South Africa (XCSA) has developed an integrated groundwater resource management plan (IGRMP) that will ensure sustainability and environmental compliance in ground water management at its South African mining operations. XCSA communications
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Allgemeines
South African gold miner makes entry into Russia
South African’s third largest gold producer, Harmony Gold Mining Company, announced yesterday that it has entered into a share purchase agreement with Jipangu to acquire 17 074 861 common shares of High River Gold Mines,
WeiterlesenSpurious ‘gold counters' confusing investor community, says Randgold Resources CEO Mark Bristow
While many investors are decrying the failure of ‘gold counters’ to perform as traditional leveraged investments, many of those ‘gold counters’ are not gold counters at all, says Dr Mark Bristow, CEO of Randgold Resources,
WeiterlesenInterest in qualifications bolstered by DMR
The skills gained through surface-mining qualifications are in high demand in the mining industry, owing to service providers wishing to upskill their employees to remain competitive and the Department of Mineral Resources’ stricter enforcement of
WeiterlesenGold Fields moves to add 1,5m non-SA ounces
South African gold producer Gold Fields is currently in the process of acquiring a gold-and-copper project in Peru, in an attempt to gain a foothold in South America, as part of its growth and geographical
WeiterlesenState-owned uranium supplier making rapid inroads into US market
Russian specialist nuclear fuel exporter Techsnab-export – better known by its brand name of Tenex – has, in just over a week, won contracts to directly supply low-enriched uranium to four US nuclear power utilities.
WeiterlesenNew Pamodzi liquidators more to reopen fraught sales process
JOHANNESBURG (miningweekly.com) – New sale in liquidation notices have been published for the troubled Orkney, Consolidated Modderfontein, Grootvlei and Nigel gold mines and associated assets, previously owned and operated by Pamodzi Gold, which was provisionally
WeiterlesenHammering home zinc-ore processing in Zambia
To facilitate fines crushing of manganese and oxide zinc ore at Sable Zinc Kabwe Limited in Zambia, minerals processing spcialist IMS Engineering recently supplied the operation with a Haze-mag hammer mill. The Hazemag Unirotor 650/500
WeiterlesenMotor distributor looking for auxiliary business
Local electric motor distributor Zest Electric Motors (Zest) says that there is still capacity for new acquisitions, should a suitable and complementary company come its way. Chairperson James Blakemore says that with the group’s recent
WeiterlesenThree Free State shafts reopened
In a dramatic decision which represents a powerful psychological and economic boost for the Free State goldfields, and the province as a whole, the new Harmony Gold/African Rainbow Minerals (ARM) joint venture (JV) which took
WeiterlesenMines prefer to maintain rather than buy equipment
Fast and accurate supply coupled with a total solution that ensures production will not be left at a standstill are the biggest demands in the mining industry regarding maintenance tools and machinery maintenance, says cutting
WeiterlesenMandalay sees Cerro Bayo cash-flow positive from Jan 2011
BARRIE, Ontario – (miningweekly.com) – Since taking over as CEO at TSX-listed Mandalay Resources a year ago, former Lonmin boss Brad Mills has overseen two snappy acquisitions, and has more up his sleeve. The company
WeiterlesenNew drug brings hope to asbestos-related lung-cancer sufferers
Although not a miracle cure, a new approved anticancer agent, now commercially available in the South African market, will bring new hope to patients suffering from mesothelioma. Known as Alimta, the drug, developed and manufactured
WeiterlesenFour-year Zambian slag-mining contract awarded
Anelle Janse van Rensburg Mining Weekly Features Reporter Local company Basil Read has been awarded a four-year contract to mine the Nkana slag dump on the Zambian copperbelt for Avmin. “The contract involves mining and
WeiterlesenMixed views on possible Newmont offer for Lihir
TORONTO (miningweekly.com) – North American analysts were divided this week, on whether Newmont Mining might, or ought to, get into the ring with an offer for smaller rival Lihir Gold. Lihir has rejected a proposal
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