Mining pick-up spurs Barloworld to 14% interim earnings gain
IMPROVED mining activity lifted sales of heavy equipment for Barloworld, a dealer for Caterpillar, which was behind a 14% increase in interim earnings, said...
Opposition parties fear DRC’s Kabila is preparing for re-election
FEARS are growing that Joseph Kabila, president of the Democratic Republic of Congo (DRC), may run for re-election for a third term, a development...
Kibo Mining to discuss Mabesekwa project with Chinese EPC firm
KIBO Mining was in discussions with Chinese engineering, procurement and construction (EPC) company, Sepco III, regarding the extension of a co-operation agreement that would...
Anglo to sell up to 30% in Quellaveco to Japanese companies
THE long-mooted sale of a stake in Anglo American's Peru copper project, Quellaveco, would be to Japanese companies such as Mitsubishi - an entity...
Gemstone miner to pay compensation to Tanzania after ‘violations’
TANZANITE One is to pay compensation and overdue taxes to the Tanzanian government after acknowledging violations, said Reuters.
Under president John Magufuli, Tanzania has been...
PGMs to remain critical feature as Tharisa plots future
THARISA CFO, Michael Jones, expressed genuine surprise that his company was twice the value of Lonmin. At a market capitalisation R5bn, Tharisa has come...
Miner dies in shaft ore pass incident at Harmony’s Moab Khotsong
AN employee at Moab Khotsong died in an underground mining accident on May 17, said Harmony Gold which recently bought the North West province...
“Fire burning” across Africa as resource nationalism gains force
MINING executives from some of the world's largest mining companies said a rising tide of resource nationalism, especially in Africa, was putting investment under...
SA platinum mines repurpose technology in effort to survive downturn
MACHINES developed primarily to bore subway tunnels and remove landmines is being repurposed by South Africa's platinum sector in an effort to mechanise shafts...
Mining Forum to file in High Court against Lonmin takeover
THE Mining Forum, an organisation aimed at protecting the rights of a North West province community, the Bapo Ba Mogale, is to file another motion...