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Breaking News
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Randgold Resources CEO Mark Bristow
Randgold Resources CEO Mark Bristow

Randgold Resources on the prowl, expects 'major cleanout' of juniors

By: Liezel Hill
Published: 19th November 2008
Updated 5 hours ago
Africa-focused gold-miner Randgold Resources has its eye on several potential targets, and expects to see even more opportunities over the coming months, as junior miners and explorers are battered by tough market conditions, CEO Mark Bristow said... Full Article
Audio Available

Coal

Sentula, partner to develop R820m coal project at Koornfontein

JSE-listed coal producer Sentula Mining and its joint-venture (JV) partner Siyanda Resources would spend R820-million on a new development at the... Full Article

CORPORATE ACTIVITY

Turmoil complicates Implats’ bid for Mvela

Updated 6 hours ago
The global financial crisis and economic downturn have made Impala Platinum’s (Implats’) R21,2-billion bid for Mvelaphanda Resources and Northam Platinum... Full Article

CREDIT CRUNCH

‘Great era of opportunity' for ‘still-growing' Africa - Anglo American

The present was a "great era of opportunity" for the "still-growing" Africa to "rise and shine", Anglo American South Africa head Kuseni Dlamini said on... Full Article
Video Available

Copper

Camec suspends DRC copper, cobalt operations

Updated 7 hours ago
Africa-focused diversified miner Central African Mining & Exploration (Camec) has temporarily halted its copper and cobalt mining operations in the... Full Article

Latest Videos

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Anglo American, Rio Tinto and Arcelor Mittal spoke bullishly of Africa’s economic prospects at the African Investment Forum in Johannesburg. Video: Danie De Beer. Video editor: Darlene Creamer (19/11/08)
Anglo American,...
Video AvailablePublished: 19th November 2008
The present was a "great era of opportunity" for the "still-growing" Africa to "rise and shine", Anglo American South Africa head Kuseni Dlamini said on Wednesday. Kuseni told the Africa Investment Forum 2008 in Johannesburg that the continent would continue on a significant economic...Full Article
Johnson Matthey’s Alison Cowley puts the collapse in the platinum price down to investment selling. Video: CorpCinema. Video editor: Darlene Creamer (18/11/08)
Johnson...
Video AvailablePublished: 18th November 2008
The main causes of the collapse of the platinum price were "very significant" disinvestment in exchange traded funds (ETFs) and fire sales of platinum held by investment funds, Johnson Matthey principal market analyst Alison Cowley said on Tuesday. Cowley said in an interview on the...Full Article
Simmers CEO Gordon Miller discusses the company's financial situation, going forward.

Camera person: Danie de Beer
Editing: Darlene Creamer
Simmers CEO Gordon...
Video AvailablePublished: 13th November 2008
Gold and uranium producer Simmer & Jack Mines (Simmers) is slowing the development of growth projects owing to the global credit crisis, but CEO Gordon Miller is confident that the JSE-listed miner has the financial flexibility to ensure capital for its projects, most of which were at...Full Article
 

Daily Podcast

Podcast
In today's podcast: one of the main causes of the collapse of the platinum price is "very significant" disinvestment in exchange traded funds; and... More
Podcast
 
 

SAfm RADIO SHOW

Podcast
In this broadcast: Black-owned women-led mining company that has managed to distribute a whopping R223-million to its shareholders, some of them... More
Podcast
 
 
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Real Economy Report
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Videoclips
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Company Profiles
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Daily Podcast
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SAfm Show
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Real Economy Report

Video
RER 40
Multimedia Available13th November 2008

Real Economy Report

This is the Real Economy Report. Our top stories this week: Nicky Oppenheimer speaks on the new Voorspoed diamond mine, we speak to Africa's largest steel producer about the so-called ‘perfect storm' battering the industry, and a Northern Cape iron-ore mine expands despite the commodities slowdown.
Video
RER 39
Multimedia Available6th November 2008

Real Economy Report

This is the Real Economy Report. Our top stories this week: we look at the state of the South African shipping industry, a rail link is planned between Mpumalanga and Tshwane and, a standard for energy efficiency in buildings is published.
Video
RER 38
Multimedia Available30th October 2008

Real Economy Report

This is the Real Economy Report. Our top stories this week: the Gautrain reaches a milestone with the first tunnel breakthrough, we speak to ABB in South Africa about improving the efficiency of the country's power grid and, we look at the role of the CSIR in South Africa's hydrogen technology programme.
Video
RER 37
Multimedia Available23rd October 2008

Real Economy Report

This is the Real Economy Report. Our top stories this week: the Gautrain carriage assembly starts in Nigel, the South African Police Services acquire six Robinson R44 Raven II helicopters and, Mercedes-Benz launches its new State limousine.
Video
RER 36
Multimedia Available16th October 2008

Real Economy Report

This is the Real Economy Report. Our top stories this week: the Japanese win the South African solar car challenge, the upgraded ConRoast smelter is unveiled in Randburg and, South Africa offers a growth platform for a Canadian coal miner.
 

Videoclips

Video
Anglo American,...
Multimedia Available19th November 2008

‘Great era of opportunity' for ‘still-growing' Africa - Anglo American

The present was a "great era of opportunity" for the "still-growing" Africa to "rise and shine", Anglo American South Africa head Kuseni Dlamini said on Wednesday. Kuseni told the Africa Investment Forum 2008 in Johannesburg that the continent would continue on a significant economic growth path, despite the setback of the current global financial turmoil.
Video
Johnson...
Multimedia Available18th November 2008

Fund, ETF ‘fire sales' causes of platinum's collapse - Johnson Matthey analyst

The main causes of the collapse of the platinum price were "very significant" disinvestment in exchange traded funds (ETFs) and fire sales of platinum held by investment funds, Johnson Matthey principal market analyst Alison Cowley said on Tuesday. Cowley said in an interview on the sidelines of the release in Johannesburg of Johnson Matthey's Platinum 2008 report the price collapse was "very much an investment fund issue".
Video
Simmers CEO Gordon...
Multimedia Available13th November 2008

Simmers pursues funding activities to accelerate capital programme

Gold and uranium producer Simmer & Jack Mines (Simmers) is slowing the development of growth projects owing to the global credit crisis, but CEO Gordon Miller is confident that the JSE-listed miner has the financial flexibility to ensure capital for its projects, most of which were at some stage of construction or rehabilitation. Speaking at Simmers’ interim results presentation, he said that the company’s gold operations had been scaled back on the basis of external funding for the growth projects, in an effort to adapt to the crisis in the capital markets.
Video
Trans Hex CEO...
Multimedia Available12th November 2008

Trans Hex warns diamond sales to face 'difficult' period, demand drops

JSE-listed diamond producer Trans Hex on Wednesday reported that rough diamond sales had been severely impacted by the global economic downturn, with prices in the six months ended September showing a decrease from previous highs. Trans Hex CEO Llewellyn Delport stated that demand for top-end stones had dropped to levels lower than those experienced after the September 11 attacks on the US.
Video
Village Main’s...
Multimedia Available11th November 2008

Village Main’s entry coinciding with mining assets becoming ‘very cheap’ – Swanepoel

The timing of the re-entry of JSE-listed Village Main could “not have been better” as mining assets were becoming “very, very cheap”, South African mining luminary Bernard Swanepoel said, following Tuesday’s annual general meeting at which all company resolutions were passed in full. The new Village Main and To The Point head added, however, that the notion of a super commodity cycle had “unravelled”, and opportunities in the resources business were currently “very commodity-specific” Swanepoel said that there was “low-hanging fruit” owing to many new junior companies – through no fault of their own – being unable to raise funds.
 

Company Profiles

Video
TauTona - Deepest...
Multimedia Available1st October 2008

TauTona deep mine video

TauTona mine is one of the world's deepest working mines.
Video
Astra Trucks
Multimedia Available28th August 2008

Astra Trucks

The official importer and distributor of the Astra HD8 range of heavy duty trucks is Autumn Star Trading 758.
Video
BMG
Multimedia Available28th August 2008

Bearing Man

The Bearing Man group is an inspirational success story, growing from humble beginnings as a modest bearings shop in Durban, opened by husband and wife team Greg and Lorelle Till in 1974, to one of Africa’s leading distributors of dynamic engineering consumable products.
Video
Elidz Profile
Multimedia Available28th August 2008

East London IDZ

The Industrial Development Zone (IDZ) programme is part of an initiative by the government to encourage export oriented growth in South Africa. This initiative is driven by the Department of Trade and Industry to encourage sub regional economic growth and job creation.
Video
Goodyear
Multimedia Available28th August 2008

Goodyear Engineered Products SA

Established in October 1915, Goodyear Engineered Products (GEP) SA operates from Port Elizabeth and Johannesburg, with a manufacturing plant in Uitenhage.
 

Daily Podcast

Video
19 Nov 2008
Multimedia Available19th November 2008

Daily podcast – November 19, 2008

In today's podcast: one of the main causes of the collapse of the platinum price is "very significant" disinvestment in exchange traded funds; and Wescoal announces that all conditions precedent with regard to its acquisition of prospecting rights at the Vlakvarkfontein farm have been meet.
Video
18 Nov 2008
Multimedia Available18th November 2008

Daily podcast – November 18, 2008

In today's podcast: Lonmin posted a 19% rise in yearly underlying earnings per share; and Gem Diamonds warns that it might post a full-year loss.
Video
17 Nov 2008
Multimedia Available17th November 2008

Daily podcast – November 17, 2008

In today's podcast: Investment bank Macquarie cut sits 2009 forecasts for base metals, coal and iron-ore by up to 60%; and Rio Tinto has started the sale of its market-leading borates and talcs businesses.
Video
14 Nov 2008
Multimedia Available14th November 2008

Daily podcast – November 14, 2008

In today's podcast: Redbank Mines has secured a A$6-million funding package; and Shield Mining has announced that the initial gold results from the 2008 to 2009 exploration programme at its Mauritania property had enhanced the continuity of the five main gold anomalies at its Tijirit project.
Video
13 Nov 2008
Multimedia Available13th November 2008

Daily podcast – November 13, 2008

In today's podcast: Simmer & Jack Mines widens its interim loss; and the European Islamic Investment Bank has boosted its stake in South African diamond-miner DiamondCorp.
 

SAfm Show

Video
14 November 2008
Multimedia Available14th November 2008

On-The-Air (14/11/2008)

In this broadcast: Black-owned women-led mining company that has managed to distribute a whopping R223-million to its shareholders, some of them disabled; a new car has just launched and it doesn’t use a drop of petrol – and its only emission is water; South Africa's pioneering Sumbandila satellite is now set for blast off in March.
Video
7 November 2008
Multimedia Available7th November 2008

On-The-Air (07/11/2008)

In this broadcast: South Africa, India and Brazil have agreed to collaborate on the development of renewable energy technology; The Canadian company building the Gautrain says South Africans are world-class at train building; Despite the global meltdown, the Mercedes-Benz factory in South Africa will produce a record number of vehicles this year, many of them for export.
Video
31 October 2008
Multimedia Available31st October 2008

On-The-Air (31/10/2008)

In this broadcast: South Africa’s newest uranium mine, the Dominion mine in Klerksdorp, is closing down; One of South Africa’s oldest gold mines, the ERPM mine in Boksburg, also closing down; R242-million appears to have been misappropriated from a South African mining services company, which has instituted both civil and criminal action.
Video
24 October 2008
Multimedia Available24th October 2008

On-The-Air (24/10/2008)

In this broadcast: The government is offering R5,6-billion to South African industry in the form of industry tax incentives; the training of apprentices in South Africa is beginning to return to higher levels; A Gauteng engineering company playing a key role in Donald Trump’s luxurious Trump Ocean leisure project in Central America.
Video
17 October 2008
Multimedia Available17th October 2008

On-The-Air (17/10/2008)

In this broadcast: South Africa and Brazil are set to work together to develop a new surface-to-air missile; The government is to buy 1 400 buses to boost public transport when South Africa hosts the soccer World Cup in 2010; Johannesburg’s city parks department planning to plant a million trees in the next five years.
 
 
 
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World News
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Africa
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Asia
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Australasia
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Europe
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North America
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South America
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Map of the world Africa Africa Asia Asia Australasia Australasia Europe Europe North America North America South America South America
 
 
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Magazine
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Indian mining policy overhaul seeks to stimulate sector

INDIA is seeking to encourage foreign private sector involvement in its... Full Article

News this Week

Chamber warns of possible dire consequences of amendments to health and safety law

Chamber of Mines CE Sipho Nkosi has warned that, if “draconian proposals” in the Mine Health... Full Article

Costs almost back to Sept 2007 levels, says Randgold

In the past 30 days, Randgold Resources has virtually returned to the cost levels of September... Full Article

Uranium price plunges to $46/lb as global economic crisis bites

The uranium spot price has dipped sharply in the face of the current global economic crisis -... Full Article

Editorial Insight

Martin Creamer
Cost levels fall for Randgold Resources, uranium contracts to 2015 for Rössing, US housing weakness hits pigment sector
In the past 30 days, Randgold Resources has virtually returned to the cost levels of Se... Full Article

Features

Mine Profile

Huaron mine

Mining & The Environment

Mining group puts its foot down on unethical clients

Cartoon

MORE CRIES OF FOUL PLAY
South African mining services and coal-mining company Sentula cried fraud last month after R242-m... Full Article
 
 
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Sector News
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