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Mining investment in Oz to topple 40%

By: Esmarie Swanepoel     Updated 3 minutes ago Investment into Australia’s resources sector would decline by some 40% over the next four years, economic forecaster and industry analyst BIS Schrapnel reported on Monday. “In terms of the mining investment bust, we have hardly begun – this has a long way to run,” said BIS Shrapnel’s... 

BHP looks to futher cut costs

By: Esmarie Swanepoel     Updated 5 minutes ago Mining giant BHP Biliton has widened its productivity gains expectations by a further $500-million between now and 2017. In October this year, the miner announced that it was targeting productivity gains of at least $3.5-billion a year by the 2017 financial year, with CEO Andrew Mackenzie saying... 

BHP looks to futher cut costs

Creamer Media publishes Coal 2014: A review of South Africa's coal sector research report

     Updated 48 minutes ago Creamer Media’s Coal 2014 report examines South Africa’s coal industry amid the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the market, as well as various issues... 

Creamer Media publishes Coal 2014: A review of South Africa's coal sector research report

First phase of Dingleton relocation project under way

By: David D‘ Oliveira The first phase of Kumba Iron Ore’s relocation of the Dingleton community in the Northern Cape officially got under way this week with the first households moved into their new homes in Kathu. The R4.2-billion relocation project was an important element of Kumba’s Sishen Mine’s western expansion,... 

Beacon Hill restructuring talks ongoing

By: Natalie Greve Responding to a jump in its share price, Beacon Hill reiterated on Friday that it remained in advanced negotiations with an unnamed development finance institution in relation to a new senior debt facility. The commodity producer’s shares on the LSE were trading up 5.8% to 0.09p on Friday... 

Kibo to restart uranium activities

By: Natasha Odendaal Dual-listed Kibo Mining is set to develop its currently idled uranium assets, in Tanzania, through a 50:50 joint venture (JV) partnership with Metal Tiger. The binding memorandum of understanding (MoU) inked this week with Aim-listed Metal Tiger would allow Kibo to pull the Pinewood portfolio out... 

Nevsun denies Bisha human rights allegations in lawsuit

By: Creamer Media Reporter A lawsuit has been filed against Vancouver-based mining company Nevsun Resources in the British Columbia Supreme Court by three individuals who claim to have once worked with a local subcontractor at the Bisha mine, in Eritrea, on the Horn of Africa. The TSX-listed company said on Friday that the... 

Nevsun denies Bisha human rights allegations in lawsuit

Five mineral value-chains prioritised in South Africa’s draft beneficiation plan

By: Terence Creamer The Mineral Beneficiation Action Plan (MBAP), which is currently in draft form, should be finalised by the end of March 2015, the Department of Trade and Industry (DTI) has confirmed. The department is leading the drafting process, which also involves the National Treasury, the Economic... 

Five mineral value-chains prioritised in South Africa’s draft beneficiation plan
Photo by Duane Daws
Steel among the five resource value-chains being prioritised

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