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By: Terence Creamer Updated 14 minutes ago Public Enterprises Minister Lynne Brown has released details of the remuneration of the chairpersons and nonexecutive directors of the various State-owned company boards falling under her Ministry. The remuneration figures, which are attached, are based on figures published by the companies as of... →
By: Natalie Greve Updated 19 minutes ago Mining operations are back in ramp-up mode at Australia-based Mineral Deposits Limited’s (MDL’s) Grande Côte mineral sands project, in Senegal, after being interrupted in August following impellor failures of the main dredge pump. The group said in a third-quarter operations review that mining... →
By: Leandi Kolver Updated 25 minutes ago The 2014 drilling programme at West Africa-focused gold mining company Amara Mining’s Yaoure gold project, in Côte d'Ivoire, has confirmed the presence of high-grade areas in the Yaoure central zone and demonstrated strong continuity in the high-grade CMA zone. Amara chairperson and CEO John... →
By: Natasha Odendaal Updated 37 minutes ago JSE-listed Grindrod’s rail division on Tuesday vowed to make rail operations more cost-effective in Africa, as Grindrod Locomotives unveiled its new, cost-effective fit-for-purpose shunting and short-haul locomotive. The new GS7, launched at Rovos Rail in Pretoria, boasted 80% local content and... →
By: Natalie Greve Updated 1 hour 30 minutes ago Sub-Saharan Africa-focused African Potash has intersected multiple potash seams at the second exploration drill hole at its Lac Dinga potash project, in the Republic of Congo. The latest drill hole, which was completed at one of two delineated target locations, intersected a 112-m-thick salt... →
By: Natalie Greve Updated 1 hour 59 minutes ago Sentula Mining subsidiaries Sentula Mining Services and Senex have inked a deal to offload idle property, plant, equipment and associated inventory held in the Democratic Republic of the Congo (DRC) to Orezone Drilling Mauritius and its DRC-focused drilling subsidiary Orezone Drilling DRC for... →
By: Martin Creamer Updated 2 hours 24 minutes ago Diamond company De Beers plans to maintain its diamond exploration spend in South Africa at R30-million to R35-million a year. De Beers Consolidation Mines (DBCM) CEO Phillip Barton, who spoke to Mining Weekly Online in a video interview (see attached) on the sidelines of the Diamond Route... →
By: Terence Creamer Updated 2 hours 24 minutes ago South Africa’s national oil company PetroSA produced 14% less refined product in 2013/14 than budgeted, owing to diminishing gas feedstock. The State-owned group also warned that that inadequate feedstock would remain a constraint on its future performance. The company produces 5.8-million... →