R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74

Kim Cloete

Zimbabwe lithium project wins Mining Indaba’s Investment Battlefield competition

22nd February 2019 Junior mining company, Prospect Resources, has won the 2019 Mining Indaba Investment Battlefield for its lithium project located in Zimbabwe. Prospect Resources executive director Harry Greaves scooped the first prize at the Investing in African Mining Indaba, in Cape Town, after pitching the... 

Lesedi to assist Mozal in its aluminium expansion project

22nd February 2019 South African engineering, procurement and construction (EPC) company Lesedi has recently been awarded a contract to assist South32’s Mozal aluminum plant in its expansion project. The $38-million AP3XLE energy efficiency project was approved in the third quarter of 2017 and started the rollout... 

Obuasi mine to be an engine of growth for AngloGold, says CEO

22nd February 2019 AngloGold Ashanti CEO Kelvin Dushnisky is very upbeat about developing its Obuasi gold mine, in Ghana, and has described it as being "in a class of its own on a number of metrics".  “It will be an engine of growth for this company. You need big, chunky engines of growth which, year after year,... 

Global demand for coal rises despite uncertainty

22nd February 2019 Despite a move to renewable energy, particularly in Europe, demand for coal globally soared in 2018, led by low calorific value (CV) coal demand. The strongest import markets were China and India, while Indonesia performed extremely strongly on the supply side. China’s demand for coal... 

Call made for better connection with mining communities, stable regulation

22nd February 2019 Stakeholders in the mining industry have called for stable regulation and agreed that there needs to be more collaboration and communication between mining houses, communities and mineworkers. Anglo American CEO Mark Cutifani told the Investing in African Mining Indaba in Cape Town that mining... 

Solar Mining Services helps to boost Mpumalanga’s economy

22nd February 2019 Solar Mining Services, a manufacturer and supplier of explosives, accessories and blasting services for the mining industry, has made strides in growing its business in South Africa. It has created more than 100 jobs and invested R500-million in South Africa since setting up in the country in... 

Botswana keen for corridor to link to South Africa’s coalfields

15th February 2019 Botswana’s Minister of Transport and Communications, Dorcas Makgato, has revived the need for a new heavy haul railway linking Botswana’s Mmamabula area with South Africa’s Lephalale coalfields.   Makgato said the project aimed to link coal deposits in both areas with South African heavy haul... 

Better techniques are making a big difference in drilling and blasting, says MAXAM

8th February 2019 Advanced technologies in mining explosives are making major inroads in the mining industry. This was highlighted by MAXAM, a global technological leader specialising in the design, development, manufacture and application of energetic solutions, at the Investing in African Mining Indaba, in Cape... 

Executives should take heed of risks, survey shows

8th February 2019 A recent survey has revealed that company executives are not adequately identifying and preparing for risks that could have potentially catastrophic implications on business operations, employees and society. The 2018 Global Operations Risk Survey of Corporate Leaders, was raised during a panel... 

Sort out Eskom or beneficiation will suffer, warns Mantashe

7th February 2019 Mineral Resources Minister Gwede Mantashe has expressed concern about progress in beneficiating minerals, while Eskom is still battling. “If we don’t sort out Eskom problems, we are going to be in trouble with beneficiation. There must be an arrangement for certain categories of customers for an... 

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