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Trade union welcomes DMR’s quarterly safety report move

6th May 2011 JOHANNESBURG (miningweekly.com) – The National Union of Mineworkers (NUM) on Tuesday welcomed a new Department of Mineral Resources (DMR) initiative to ensure safety compliance at mines, but also called on the department to be even more proactive in its approach. 

R2,1bn Sentula-Shanduka deal to create midtier coal miner

6th May 2011 JOHANNESBURG (miningweekly.com) – Sentula Mining and Shanduka Resources have entered into a strategic merger agreement, through which Shanduka will control 51,9% of the new group for a total consideration of nearly R2,1-billion. 

DMR studies legal options after expropriation judgement

29th April 2011 South Africa’s Department of Mineral Resources (DMR) says it is studying a North Gauteng High Court ruling in favour of Agri South Africa (Agri SA), which claimed that unused old order mineral rights of farmers had been “expropriated” through the introduction of new mining legislation in 2004 and... 

Optimum settles coal contract dispute with Eskom

29th April 2011 JOHANNESBURG (miningweekly.com) – Black-owned JSE-listed Optimum Coal has resolved its dispute with State-owned power utility Eskom. 

Aquarius reports higher Q3 earnings amid cost, holiday pressures

28th April 2011 JSE-listed Aquarius Platinum recorded a 4% decrease in quarter-on-quarter production to 122 213 platinum-group metals (PGMs) ounces from 127 579 PGM ounces in December 2010. However, attributable production rose 18% from a year earlier. Aquarius recorded a 9% increase in profit of $25,3-million... 

NUM welcomes SA’s quarterly safety report move

26th April 2011 The National Union of Mineworkers (NUM) on Tuesday welcomed a new Department of Mineral Resources (DMR) initiative to ensure safety compliance at mines, but also called on the department to be even more proactive in its approach. Mineral Resources Minister Susan Shabangu last week launched the... 

New Lumwana production report highlights cost risks

26th April 2011 TSX- and ASX-listed Equinox Minerals, which is in the process of being acquired by gold miner Barrick Gold in a C$7,3-billion cash deal, has reported that 2011 production guidance for its Lumwana mine, in Zambia, remained at 145 000 t of copper metal in concentrates at an average estimated... 

Survey finds 38% of metro adults support nationalisation

22nd April 2011 JOHANNESBURG (miningweekly.com) – More than a third of South Africa’s metropolitan residents indicated that South Africa’s mines should be nationalised, TNS Research Surveys revealed on Monday. 

R2,1bn Sentula-Shanduka deal to create midtier coal miner

21st April 2011 Sentula Mining and Shanduka Resources have entered into a strategic merger agreement, through which Shanduka will control 51,9% of the new group for a total consideration of nearly R2,1-billion. The companies on Thursday reported the proposed transaction would create a company with a portfolio... 

Heavy rainfall knocks Anglo's coal, copper and iron-ore output

21st April 2011 Abnormally high rainfall negatively impacted on diversified mining giant Anglo American’s copper, coal and iron-ore output for the first quarter ended March. The miner on Thursday reported that its copper production decreased by 14% to 138 800 t, owing to the high rainfall and expected lower... 

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