Home News Page 1181

News

Shabangu rules out state miner bailouts

0
State-owned mining company AEMFC will "never' be bailed out at taxpayers’ expense if it falls on difficult times, says Mines Minister Susan Shabangu.

Riversdale in offtake deal for Benga coal

0
Riversdale Mining says it has entered into an offtake agreement with trader Trafigura for thermal coal from its Benga coal mine in Mozambique.

Rio, Chinalco set up exploration JV

0
Global miner Rio Tinto and state-owned Chinese aluminium producer Chinalco have established a joint venture to explore for new mineral deposits in China.

Trans Hex breaks free in Angola

0
Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.

Trans Hex upbeat on Namaqualand

0
Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.

Aquarius Platinum cans Blue Ridge

0
Aquarius Platinum is to put its Blue Ridge mine on care and maintenance because of low rand platinum prices and will instead focus on development of Booysendal South.

CIC Energy looks for new buyer

0
CIC Energy has ended its takeover arrangement with Indian group JSW Energy after a final completion deadline was missed, and is now looking for an alternative buyer.

Chamber praises mining minister

0
The Chamber of Mines has lauded Mining Minister Susan Shabangu's "depth of understanding" and sophisticated proposals in her budget vote.

DMR’s beneficiation plan takes shape

0
Tax incentives and promises to prioritise infrastructure form part of government’s strategy to attract buy-in for the state’s proposed mineral beneficiation plan, says Mines Minister Susan Shabangu.

State seeks to revive Alexkor

0
State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.