Chanel de Bruyn

Exxaro posts R2,36bn profit, sees more growth

Diversified South Africa-based resources group Exxaro Resources has achieved a 68% increase in headline earnings to R2,36-billion in the first six months of this year, compared with the headline earnings R1,39-billion recorded in the first half of...

Strike-hit Richards Bay Minerals ups wage offer

Richards Bay Minerals (RBM), a joint venture between BHP Billiton and Rio Tinto, has increased its wage offer for workers, as negotiations with the National Union of Mineworkers (NUM) continue. NUM members downed tools at the mine last week, in...

Debswana delays $55m Jwaneng tailings project – Firestone

Only three months after it was announced that Debswana was going to proceed with the construction of a $55-million modular tailings treatment project (MTTP) at its Jwaneng mine, in Botswana, the project has now been delayed. Aim-listed Firestone...

Firestone plans Botswana diamond tender, BK11 exceeds targets

Aim-listed Firestone Diamonds expects its BK11 production plant to “comfortably exceed” its targeted capacity of 1,5-million tons a year by the fourth quarter, at which time the diamond miner also planned to hold its first diamond tender in...

Ruukki studies 250-MW plant to supply Mogale Alloys

Finnish company Ruukki plans to start a feasibility study for a proposed 250-MW power plant to provide its Mogale Alloys venture in South Africa with reliable electricity supply, by the fourth quarter of this year. Ruukki, which bought the Mogale...

Enviro study on Ncondezi coal project under way

Mozambican coal company Ncondezi Coal expects an initial environmental and social impact assessment (ESIA) study at its flagship Ncondezi project, in the Tete province, to be completed by the fourth quarter of this year. Local consultants,...

DRC threatens probe as First Quantum dispute escalates

Democratic Republic of Congo (DRC) Minister of Mines Martin Kabwelulu Labilo said on Tuesday that the government planned to investigate suspected financial misconduct by Canada-based First Quantum Minerals. Spokesperson for the DRC government,...

Bellzone made 'real progress' in past six months – CEO

West Africa-focused Bellzone Mining was looking forward to the next 12 months as it continues with the development of its flagship Kalia iron-ore mine, in Guinea. Commenting in an interim report to shareholders, CEO Nik Zuks said that the company...

Thabex says shareholder court case postponed to late October

The court case over a shareholder dispute between exploration and development company Thabex and some of its minority shareholders has been postponed again. In June, an application had been made by the minority shareholders to the High Court of...

TanzaniteOne gets Tanzania gemstone export ban exemption

The government of Tanzania has granted gem-miner TanzaniteOne an exemption to a rough tanzanite export prohibition implemented by the African country earlier this year. In June, the London-listed company announced that the Tanzania was proposing...