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GOLD

Randgold speeds up Gounkoto project, slows Massawa

Updated 6 hours ago
By: Liezel Hill
Published: 11th March 2010, 04:14
Nasdaq- and LSE-listed Randgold Resources plans to start construction later this year on its high-grade Gounkoto project, in Mali, and could pour the first gold early in 2013, CEO Mark Bristow said on Wednesday. Randgold produces gold from the Loulo mine, in Mali, as well as the now-halted Morila mine, where it is processing stockpiled ore. The company is also nearing the... Full Article
Video Available
 

IRON-ORE DISPUTE

S Africa confirms Sishen right has reverted to the State

The Department of Mineral Resources (DMR) has confirmed to Mining Weekly Online that the 21,4% undivided share that ArcelorMittal South Africa had hitherto... Full Article

GOLD

St Barbara to build new W Australia gold mine

Updated 59 minutes ago
Australian gold-miner St Barbara on Thursday reported that it had approved the development of its King of the Hills gold project, where production would... Full Article

MINERAL EXPORTS

Australian shows mixed mineral-export earnings for December quarter

Updated 1 hour 3 minutes ago
Australia’s diamond exports increased by 51%, to reach A$89-million during the December quarter, while bauxite exports increased by 50%, to A$45-million,... Full Article

GOLD

Barrick spin-off may be start of industry 'right-sizing' - Bristow

Barrick Gold's plan to spin-out its African assets into a new, London-listed company could be a sign of things to come, as gold majors look for ways to... Full Article
Video Available

URANIUM

Uranium One posts FY09 loss; sees higher '10 production

Updated 6 hours ago
Uranium One Inc posted a net loss in 2009, hurt mainly by lower realized uranium prices, and said it expects to nearly double production in 2010. The... Full Article

GOLD

Crescent’s Laverton mine to exceed production target

Updated 57 minutes ago
ASX- and TSX-listed Crescent Gold remains on track to exceed the production target of its Laverton gold operations, in Western Australia. The company... Full Article

BASE METALS

Cape Lambert in trading halt ahead of Lady Annie announcement

Updated 1 hour 28 minutes ago
ASX-listed resources explorer Cape Lambert on Thursday requested a trading halt, pending an announcement about the sale of its Lady Annie copper project, in... Full Article

M&A

'Patient' buyers can wait out reluctant sellers

Updated 7 hours ago
A lot of the mining industry, particularly juniors, still has a very conservative attitude towards merger and acquisition activity, Ernst & Young Canada... Full Article
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Latest Videos

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Randgold Resources CEO Mark Bristow discusses changes in the  
development schedule for the company's Massawa and Gounkoto projects.
Randgold Resources...
Ernst & Young Canadian mining and metals leader Tom Whelan comments  
on trends in corporate activity and financing in the mining sector.
Ernst & Young...
Randgold Resources CEO Mark Bristow comments on Barrick's plan to spin-off its African assets into an LSE-listed company, and on the outlook for the gold price.
Randgold Resources...
 
 
 
Nasdaq- and LSE-listed Randgold Resources plans to start construction later this... Full Article
A lot of the mining industry, particularly juniors, still has a very conservative... Full Article
Barrick Gold's plan to spin-out its African assets into a new, London-listed... Full Article
 

Second Take

Video Available
We speak about South Africa's ferrochrome industry. More
Podcast
 
 

Daily Podcast

Podcast
Sasol allocates R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation; and Zimbabwe prepares an amended mining law... More
Podcast
 
 

SAfm RADIO SHOW

Podcast
South Africa could be getting 10% of its drinking water from the sea in the future; big business is promoting a growth vision that involves a... More
Podcast
 

Resources Watch

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Coal miner Exxaro is to form a clean-energy company; A R462-million cash mining profit signals Metorex's growing strength; And, we look at French... More
Podcast
 
 
 
 
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Resources Watch & Second Take
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Resources Watch & Second Take

Video
Resources Watch 6
Multimedia Available11th March 2010

Resources Watch

Coal miner Exxaro is to form a clean-energy company; A R462-million cash mining profit signals Metorex's growing strength; And, we look at French nuclear giant Areva's uranium mining activities.
Video
Creamer Media's...
Multimedia Available4th March 2010

Second Take: South Africa's ferrochrome industry

We speak about South Africa's ferrochrome industry.
Video
Resources Watch 5
Multimedia Available4th March 2010

Resources Watch

This week: ARM CEO Patrice Motsepe prevaricates on the issue of mine nationalisation. Northam Platinum is likely to go to market for its R3-billion Booysendal mine. And, TGME gold is to go on care-and-maintenance.
Video
Creamer Media's...
Multimedia Available26th February 2010

Second Take: Indigenisation implications

We speak about the implications of indigenisation.
Video
Resources Watch 4
Multimedia Available25th February 2010

Resources Watch

This week: a massive operational makeover is underway at AngloGold Ashanti; iron-ore miner Kumba determinedly keeps its foot firmly on the production and project accelerator throughout the economic meltdown period; and, we attend Impala Platinum's latest presentation to gain new insight.
 

Videoclips

Video
Randgold Resources...
Multimedia Available11th March 2010

Randgold speeds up Gounkoto project, slows Massawa

Nasdaq- and LSE-listed Randgold Resources plans to start construction later this year on its high-grade Gounkoto project, in Mali, and could pour the first gold early in 2013, CEO Mark Bristow said on Wednesday. Randgold produces gold from the Loulo mine, in Mali, as well as the now-halted Morila mine, where it is processing stockpiled ore. The company is also nearing the end of construction of its new Tongon mine, in the Côte de Ivoire.
Video
Ernst & Young...
Multimedia Available11th March 2010

'Patient' buyers can wait out reluctant sellers

A lot of the mining industry, particularly juniors, still has a very conservative attitude towards merger and acquisition activity, Ernst & Young Canada mining leader Tom Whelan said on Wednesday. A lot of predictions have been made this week as at the Prospectors and Developers Association of Canada convention, regarding the likelihood of a boom in corporate activity in the mining sector.
Video
Randgold Resources...
Multimedia Available11th March 2010

Barrick spin-off may be start of industry 'right-sizing' - Bristow

Barrick Gold's plan to spin-out its African assets into a new, London-listed company could be a sign of things to come, as gold majors look for ways to realise value from increasingly large and diverse portfolios, Randgold Resources CEO Mark Bristow said on Wednesday. "Majors are struggling to deliver value as a consolidated business and they feel that by splitting up their assets in different markets they will be able to create more value," he said after a presentation to analysts and investors in Toronto.
Video
Orocobre...
Multimedia Available10th March 2010

TSX-bound Orocobre predicts consolidation, attrition in lithium space

The lithium exploration and development sector will need to consolidate, and will probably also see a considerable attrition of companies with more marginal prospects, Orocobre chairperson James Calaway commented on Tuesday. Buoyed by the recent hype around lithium, which is used in rechargeable batteries including for hybrid vehicles, there are now around 60 firms that have declared themselves lithium companies, he said.
Video
Peter Leon...
Multimedia Available10th March 2010

Leon 'cautiously optimistic' as SA mulls future for mining

Webber Wentzel mining partner Peter Leon, a regular critic of South Africa's mining regulations and officials, was uncharacteristically upbeat on Tuesday, in an interview in Toronto. Leon is participating in deliberations by new Mineral Resources Minister Susan Shabangu's mining sector tripartite task team, and is “cautiously optimistic” about the outcomes of the process, which was designed to develop a strategy for growth and transformation in the industry and will culminate in a summit later this month.
 

Company Profiles

Video
TauTona - Deep mine.
Multimedia Available1st October 2008

TauTona deep mine video

TauTona mine is one of the world's deepest working mines.
Video
Astra Trucks
Multimedia Available28th August 2008

Astra Trucks

The official importer and distributor of the Astra HD8 range of heavy duty trucks is Autumn Star Trading 758.
Video
BMG
Multimedia Available28th August 2008

Bearing Man

The Bearing Man group is an inspirational success story, growing from humble beginnings as a modest bearings shop in Durban, opened by husband and wife team Greg and Lorelle Till in 1974, to one of Africa’s leading distributors of dynamic engineering consumable products.
Video
Elidz Profile
Multimedia Available28th August 2008

East London IDZ

The Industrial Development Zone (IDZ) programme is part of an initiative by the government to encourage export oriented growth in South Africa. This initiative is driven by the Department of Trade and Industry to encourage sub regional economic growth and job creation.
Video
Goodyear
Multimedia Available28th August 2008

Goodyear Engineered Products SA

Established in October 1915, Goodyear Engineered Products (GEP) SA operates from Port Elizabeth and Johannesburg, with a manufacturing plant in Uitenhage.
 

Daily Podcast

Video
mwpod
Multimedia Available9th March 2010

Daily podcast – March 9, 2010

Sasol allocates R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation; and Zimbabwe prepares an amended mining law to be presented to Cabinet for approval before it is debated in Parliament.
Video
podmw_08032010
Multimedia Available8th March 2010

Daily podcast – March 8, 2010

BHP Billiton reaches sales terms for a significant portion of its hard coking coal volumes for 2010; and Aurizon Mines still plans to complete a feasibility study on its Joanna project in Quebec, by the end of this year.
Video
podmw_05032010
Multimedia Available5th March 2010

Daily podcast – March 5, 2010

African Eagle is in talks with mostly Asian and European metals buyers to raise funds for its nickel project in Tanzania; and Galaxy Resources starts mining at its Mount Cattlin lithium project.
Video
podmw_04032010
Multimedia Available4th March 2010

Daily podcast – March 4, 2010

South Africa's largest steel producer ArcelorMittal South Africa announced on Wednesday that a dispute resolution process had been initiated in an attempt to resolve a matter between it and Kumba Iron Ore. The matter relates to a cost plus 3% supply deal, which the iron-ore miner cancelled as from March 1, 2010.
Video
podmw_03032010
Multimedia Available3rd March 2010

Daily podcast – March 3, 2010

Gold Fields aims to produce some 60% of its gold from mines outside SA; and Smokey Hills mine comes to an almost complete stop as mine contractor staff go on unprotected industrial action.
 

SAfm Show

Video
podsafm_05032010
Multimedia Available5th March 2010

05/03/2010 (On-The-Air)

South Africa could be getting 10% of its drinking water from the sea in the future; big business is promoting a growth vision that involves a doubling of the South African economy; Another mining summit will take place in South Africa this month, against the background of strident calls for mine nationalisation.
Video
podsafm_26022010
Multimedia Available26th February 2010

25/02/2010 (On-The-Air)

The Department of Science and Technology looking in to bringing back South Africa's space rocket launching capability; air traffic tracking system and South Africa one of the first countries in the world to introduce this new state-of-the-art tracking system at its airport; South African Army embarking on a programme of bridge building in the poor areas of the Eastern Cape.
Video
podsafm_19022010
Multimedia Available19th February 2010

19/02/2010 (On-The-Air)

The South African government is to invest in the local satellite manufacturing business; the Russians are keen to cooperate with South Africa in the field of unmanned aircraft technology; Engineering is poised to emerge as the profession of the next decade, if not the next century.
Video
podsafm_13022010
Multimedia Available12th February 2010

12/02/2010 (On-The-Air)

Continuous 7-day-week round-the-clock mining has been introduced at South Africa's newest gold mine; South Africans are building what is destined to be the DRC's biggest gold mine; South Africa's newest coal mine has come in hundreds of millions of rands below budget.
Video
podsafm_05022010
Multimedia Available5th February 2010

05/02/2010 (On-The-Air)

The world's biggest mining companies gathered in South Africa this week to launch a new fight against poverty in Africa; the State seems to be throwing in the towel in Zimbabwe. They are calling on the private sector to run the railways there; Transnet rail introducing Project Quantum Leap to boost South Africa's coal exports.
 
 
 
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LATEST RESEARCH REPORTS

 
Free Sample
 
 
Published: 15th January 2010
Quarterly gold updateRestricted
This report profiles activities of five major gold-mining companies – Barrick Gold, Newmont Mining, AngloGold Ashanti, Gold Fields and Harmony Gold for the quarter ended September 30, 2009.
Published: 11th December 2009
The global iron-ore market 2009Restricted
This report offers insight into the global and South African iron-ore markets, and profiles the main iron-ore producers operating globally and in South Africa.
Published: 11th June 2008
Platinum 2008
This report examines South Africa's platinum industry, profiling the activities of the major participants in the sector, as well as including information on junior mining companies and explorers.
 
 
 
 

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Nationalisation’s okay if people say so, says Arm’s Motsepe

Political issues were given considerable airtime at the latest results presentation of African Rainbow Minerals (ARM) in Johannesburg. ARM is a diversified mining company that has interests in platinum, nickel, iron-ore, manganese ore and alloys, chrome ore and coal, as well as 15% shareholding in Harmony Gold. Full Article

News this Week

CoAL increases stake in controversial SA project

Mining and development company Coal of Africa (CoAL) recently announced that it had increased its stake in the Vele project in South Africa to... Full Article

IFM aiming for twofold-plus production increase to 665 000 t/y over five years

South Africa-focused International Ferro Metals (IFM) said at its half-year results that the ferrochrome market had “greatly improved” over the... Full Article

Gold producer renames mine 
to highlight safety advances

Gold-mining major Harmony Gold has renamed its Elandsrand mine to Kusasalethu in an effort to highlight the advancements that the mine has made in... Full Article

Editorial Insight

Martin Creamer
Kumba cancels ArcelorMittal iron-ore deal, Minister Davies seeking urgent meetings with Kumba, Mittal and Anglo American
At the time of going to press, bombshell announcements had been made by both the high-f... Full Article

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