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South Africa's main coal terminal stops releasing export data

By: Reuters     Updated 1 hour 24 minutes ago South Africa's Richards Bay Coal Terminal (RBCT), the largest in the world, has stopped publishing monthly operational updates detailing shipments of coal because it is "competitive information", its chief executive said on Thursday. "This information is commercial, it's a competitive... 

South Africa's main coal terminal stops releasing export data
Photo by Leandi Kolver
Richard Bay Coal Terminal

Kumba Q3 output up 37% y/y

By: Creamer Media Reporter      Updated 1 hour 27 minutes ago Kumba Iron Ore lifted its output by 37% year-on-year and 13% quarter-on-quarter to 13-million tonnes in the quarter ended September 30. The Sishen mine produced 9.3-million tonnes of iron-ore in the quarter – up 44% on that produced in the third quarter of 2013 and 11% higher than that produced... 

With five projects in its fold, Northern Star output surges

By: Esmarie Swanepoel     Updated 2 hours 26 minutes ago Gold miner Northern Star Resources has continued the trend of record quarterly production, as production surged following the incorporation of its five projects. During the three months to September, Northern Star recovered 147 884 oz of gold, compared with the 114 780 oz recovered in the... 

Elemental halves Congo capex in refigured project plan

By: Esmarie Swanepoel     Updated 2 hours 27 minutes ago Potash developer Elemental Minerals on Thursday announced a new capital estimate of $908-million for the development of its Sintoukola sylvinite (Kola) project, in the Republic of Congo. This compares with an initial capital estimate of $1.85-billion in the 2012 prefeasiblity study (PFS), which... 

Govt-ordered Ranger mine spill report published

By: Esmarie Swanepoel     Updated 2 hours 32 minutes ago The federal and Northern Territory governments have released the findings of an independent expert report into the leach tank failure at uranium miner Energy Resources of Australia (ERA’s) Ranger mine, in the Northern Territory. The government-ordered independent report, released this week, has... 

Atlas Iron responds to changing market with accelerated cost-savings plan

By: Esmarie Swanepoel     Updated 2 hours 36 minutes ago Iron-ore miner Atlas Iron on Thursday said its expected its cost savings for 2015 to be higher than previously thought, as the company’s cash-cost initiatives surged during the three months to September. Atlas on Thursday told shareholders that all-in costs for the September quarter had reached... 

Atlas Iron responds to changing market with accelerated cost-savings plan

Maules Creek to rail ahead of schedule

By: Esmarie Swanepoel     Updated 2 hours 40 minutes ago First coal from the Maules Creek operation, in New South Wales, was expected to be railed in January next year, more than two months ahead of schedule, owner Whitehaven Coal reported on Thursday. The ASX-listed miner said that the acceleration of the first coal railing was owing to the strong... 

Cape Lambert granted mining licence at Marampa

By: Esmarie Swanepoel     Updated 2 hours 42 minutes ago ASX-listed Cape Lambert on Thursday announced that it had been granted a mining licence for its own Marampa iron-ore project, in Sierra Leone. “I am delighted that the Ministry of Mineral Resources has finally approved the grant of Marampa’s mining licence so that we can get on with the process... 

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