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Global Mining News in real time

Martin Czernowalow

Platinum mechanisation

The world’s second-biggest platinum producer is implementing a successful mechanisation programme at its Rustenburg operation, operations executive Paul Visser informed Mining Weekly last week. 

Gem-miner offers to participate in Alexkor

South African-based diamond-miner Petra Diamonds this week said it would consider becoming involved in State-owned gem producer Alexkor, should government so wish. 

De Beers seeks world class deposits in India

A subsidiary of gem giant De Beers, De Beers India, and Hindustan Diamond Company (HDC) yesterday signed a memorandum of understanding (MoU), whereby HDC will subscribe for a 26% interest in De Beers India by investing $3,75-million in the company. 

SA again urged to employ profit-based royalties

Yet another voice has joined the growing protest over the South African government's plan to introduce a revenue-based royalty regime for the country's mining industry. 

Lonmin set for 1,1m ounces by 2010

Platinum producer Lonmin said last week it has positioned itself for the conversion of its mining rights to new-order rights under South Africa’s new mining legislation, and also stated that it is on track to produce a sustainable 1,1-million ounces of platinum a year from 2010. 

Platinum giant rolls-out mechanisation

The world's second-biggest platinum producer is implementing a successful mechanisation programme at its Rustenburg operation, operations executive Paul Visser told Mining Weekly Online yesterday. 

HIV/Aids guide for mining industry launched

The International Finance Corporation (IFC) yesterday launched an HIV/Aids guide for the Southern African mining sector, setting down guidelines for companies to come to grips with the pandemic. 

Recycling poses threat to platinum-miners

The recycling of platinum and palladium could pose a threat to primary producers of platinum-group metals (PGM), with secondary supply expected to establish a base load source of metal to the industry. 

Lonmin set for 1,1m ounces by 2010

Platinum producer Lonmin said yesterday it has positioned itself for the conversion of its mining rights to new-order rights under South Africa's new mining legislation, and also stated that it is on track to produce a sustainable 1,1-million ounces of platinum a year from 2010. 

Mintek probes platinum-recycling opportunities

South African State-owned metallurgical agency Mintek is currently evaluating the option of establishing a local platinum-group metals (PGM) recycling industry. 

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