DMR task team to review safety stoppages
Government, industry and organised labour have established a task team that will
review how safety stoppages ‒ known as Section 54s ‒ are applied to the mining
industry.
Kolomela aids Kumba’s Q4 production
Kumba Iron Ore has reported a production increase of 4%, aided by the first contribution of the newly commissioned Kolomela mine.
Anglo American Q4 copper, iron ore output up
Miner Anglo American has posted a 10% rise in copper output in the final three months of 2011, boosted by its flagship Los Bronces mine.
Pan African Resources expect earnings surge
Pan African Resources says it is expecting an increase in interim headline earnings of up to 93%.
Rand shields Merafe from ferrochrome woes
The weaker rand is giving Merafe Resources some respite from the distressed
ferrochrome market, analysts say, while the company has also secured debt to
finance the Lion expansion project.
Shock over Zimbabwe’s licence fee regime
The chairman of Zimbabwe’s parliamentary Committee on Mining and Energy, Edward
Chindori-Chininga, has criticised the country’s proposed hike in mining licence fees.
SA platinum in troubled waters
Anything less than an annual output of 2.6 million ounces from Anglo American
Platinum for 2011 will support the growing perception that SA's platinum industry is
headed for hard times.
Sierra Leone in battle to avoid ‘resource curse’
Sierra Leone is fighting an uphill battle to avoid the 'resource curse' of high-level graft, civil unrest and a lack of economic diversity that has afflicted many regional neighbours.
Anglo to face criminal probe in Chile
Chilean prosecutors have launched a criminal investigation into Anglo American's sale
of a 24.5% stake in a local subsidiary to Japan's Mitsubishi.
Gold One, Gold Fields explore surface JV
Following a year of frenetic corporate activity at Gold One International, CEO Neal
Froneman has revealed his next play: a possible surface-operations joint venture with
Gold Fields.