Kinross approves $150m Tasiast second phase project, seeking 40% production uplift
KINROSS Gold Corporation is to proceed with the second phase development of its Mauritania mine, Tasiast, at a capital cost of $150m, the Toronto-listed...
Mining sector mourns “untimely” passing of deputy mines minister, Bavelile Hlongwa
THE Minerals Council South Africa expressed its sadness at the passing of deputy mines minister, Bavelile Hlongwa, who lost her life on September 13.
According to...
SA Govt to discuss price indexation with coal sector to contain...
THE South African government would ask the country's coal producers to consider indexing the price of coal supplied to Eskom, the state-owned power utility,...
Investor group urges mid-tier gold companies to embrace nil-premium consolidation
MID-tier gold producers have been urged to consolidate as there were "far too many", said the Financial Times citing comments by the Shareholders' Gold...
Exxaro Belfast project produces first export coal six months ahead of...
EXXARO Resources said it had started production at its R3.3bn Belfast thermal coal mine in South Africa's Mpumalanga province six months earlier than planned.
Production...
UASA supports secret ballot as SA’s labour registrar issues notice of...
MINING industry union, UASA, voiced its support for secret balloting imposed by the Registrar of Labour Relations, saying it would help prevent unnecessary strikes.
"The...
ARC writes down Elandsfontein project as Kropz sent back to the...
THE proposed Elandsfontein phosphate mine in South Africa's Western Cape is facing additional delays, said African Rainbow Capital Investments (ARC), the Johannesburg-listed firm which...
Gold bull run could spell bad news for diamond sales, says...
A PROLONGED improvement in the gold price could spell bad news for the diamond sector because diamonds were considered a less effective store of...
Minerals Council looks to medium term policy statement as platform for...
THE Minerals Council South Africa acknowledged rating agency Moody's decision not to de-rate South Africa, but said it was critical the country's government took...
South32 signs hardship clause with Eskom on coal contract, starts work...
SOUTH32 had begun early work on development of a 1.5 million ton (Mt) to two million ton a year export-dedicated thermal coal mine, the...