No quiet exit for First Uranium
The chances of First Uranium being afforded a dignified death seem slim as
disgruntled shareholders are organising a rebellion against the disposal of key
assets.
Aurora “virtually a Ponzi scheme’
The liquidators of Aurora Empowerment Systems have revealed that the
company only has R2,000 left in 10 bank accounts, leaving workers with no
hope of ever being paid.
Smokey Hills progress pleases Platinum Australia
Platinum Australia says it has made significant progress at Smokey Hills since it switched from contract mining to an owner operator in January.
First Quantum gives Sentinel resource update
First Quantum Minerals has provided a resource and capex update on its Sentinel copper project in Zambia.
Firestone, Sekoko in new MoU with Eskom
Firestone Energy has taken a giant step towards survival after Sekoko
Resources, its partner in the Waterberg, signed an MoU with Eskom on a 30-
year supply agreement.
Gold Fields ‘committed’ to Mali – report
Gold Fields CEO Nick Holland says the company wants to continue its exploration activities in Mali, despite last week's military coup, according to Reuters.
MDM to do Gold Fields, Gold One JV scoping study
MDM Engineering says it has been awarded the scoping study contract for Gold Fields and Gold One International's proposed surface operations joint venture.
Mines taken to task over Carolina water
Minister of Water and Environmental Affairs Edna Molewa says four mines have been issued pre-directives in relation to the poor quality of drinking water in the Mpumalanga town of Carolina.
Essar shows its plans to revive former Zisco
India’s Essar Global is to sink $4bn into Zimbabwe’s collapsed steel mining
and beneficiation industry through a capital injection into NewZim Steel, a JV
with the country’s government.
Shabangu seeks “meaningful transformation’
Mines Minister Susan Shabangu acknowledges the "modest changes' made by
miners to transform the industry, but says far more needs to be done to alter
the face of the sector.