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Au 1301.61 $/oz Change: -2.13
Pt 901.50 $/oz Change: -9.36

Martin Czernowalow

Infrastructure constraints hampering coal industry

14th January 2005 While the international coal market would appear to be turning in favour of South African coal producers and exporters, doubts still persist about the country's current readiness to take full advantage of these conditions. 

Spoornet CEO's resignation won't derail talks – chamber

13th January 2005 The South African Chamber of Mines said yesterday that it is confident that the resignation of Spoornet CEO Dolly Mokgatle would not derail talks between itself and the State-owned utility about the upgrading of port and railway infrastructure – seen as vital for the local mining industry... 

Kumba lodges Hope Downs appeal

12th January 2005 Diversified metals and mining group Kumba Resources yesterday lodged an appeal against an arbitration decision allowing its joint venture partner to acquire Kumba's interest in the Australian Hope Downs iron-ore project, the company said in a statement. 

Harmony awaits Gold Fields' 'friendly' bid terms

11th January 2005 South African gold producer Harmony Gold said it would wait to see the terms for a 'friendly' deal that takeover target Gold Fields will set out, before it comments on the issue. 

'SA could still yield world-class deposits'

10th January 2005 While the existence of large reserves of a variety of minerals has been proved in South Africa, the country cannot be considered over-explored, the Directorate Mineral Economics argued in the latest edition of 'South Africa's Mineral Industry 2003/4'. 

'Northam fire investigation findings incorrect'

10th January 2005 South African platinum producer Northam Platinum on Friday issued a statement saying a Department of Minerals and Energy (DME) report, regarding an underground fire at its mine last year, contains several incorrect statements and findings. 

R600m ferrochrome smelter enviro study this month

7th January 2005 The public comment period for the environmental-impact report for a R600-million high-carbon ferrochrome smelter, in Richards Bay, Kwazulu-Natal, has been extended to January 20, following which the report will be presented to the Department of Agriculture and Environmental Affairs for a record... 

Govt reinstates ERPM pumping subsidy

6th January 2005 Century-old marginal gold-miner East Rand Proprietary Mines (ERPM), which was facing certain closure in recent months, has received yet another reprieve, with government agreeing to partially reinstate the company's water-pumping subsidy for the pumping of underground water from the Central... 

Diamond giant has productive festive season

5th January 2005 In what appeared to be a busy month for diamond giant De Beers, the company announced in December that it reached agreement about the renewal of the Jwaneng mining licence with the government of Botswana. 

Ferrochrome accident report next week

4th January 2005 The South African Department of Minerals and Energy (DME) will next week release its report on the cause of a mining accident in which seven mineworkers were killed last month at a ferrochrome-mine in the North West Province. 


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