POWER & MINING
0 COMMENTSState-owned power utility Eskom, currently grappling with a national electricity shortage, wants to reveal exactly where the extra 5% power it is allocating to the mining industry is going, but it is up to the customers, a spokesperson said....
By: Matthew Hill
20th March 2008
0 COMMENTSBase-metals miner Lundin Mining has posted a net loss of $436,6-million, after noncash impairment charges of $491,9-million. The charges related to its merger with EuroZinc Mining and the acquisition of Rio Narcea Gold Mines.
19th March 2008
0 COMMENTSAluminium producer Rio Tinto Alcan remains on schedule and within budget in an expansion of its Yarwun alumina refinery, in Australia, the company said on Tuesday.
18th March 2008
0 COMMENTSDiversified miner Rio Tinto is in discussions with the South African government to review the timing of its planned aluminium smelter at Coega, in the Eastern Cape, in light of the country's power shortage, the company said on Thursday. South...
13th March 2008
0 COMMENTSDiversified resources group BHP Billiton plans to close two potlines at its Bayside aluminium smelter, in Richards Bay, South Africa, in order to reduce the group's overall power consumption at its Southern African operations by 10%, the...
11th March 2008
0 COMMENTSConsolidation and operating on a larger scale were important considerations for mining companies to continue to meet the challenges of growing demand for their products, high input costs and competition for exploration ground, Rio Tinto CEO Tom...
6th March 2008
0 COMMENTSBrazilian resources giant Companhia Vale do Rio Doce (Vale) increased fourth quarter net earnings to $2,57-billion, the group reported on Thursday. “Vale completed in 2007 the fifth consecutive year of extraordinary growth in its...
29th February 2008
0 COMMENTSAlthough diversified South African mining group Exxaro regards itself as currently being in a consolidation phase – the company was only created in 2006 – it is not ruling out future expansion projects, and has inherited a significant...
By: Keith Campbell
29th February 2008
Topics in these articles
|Currency||Facility||Province Or State||Natural Feature|
Miners should position themselves for even...
'Powered' Coega smelter viable, 'all...
Bigger is better, says Rio's...