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Diversified Miners
 
POTASH

Drilling at African Potash’s ROC project to start

0 COMMENTS
After last month appointing Italian firm RCT to undertake a maiden 1 000 m diamond drill programme at its Lac Dinga project, in the Democratic Republic of Congo (DRC), Aim-listed African Potash said on Monday that the rig had now been mobilised...
28th July 2014
 
 
DIVERSIFIED MINER

BHP plans 3-year Olympic Dam process trial from late 2016

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BHP Billiton plans to run a three-year trial of a potentially cheaper way of processing copper and uranium from its massive Olympic Dam mine in Australia from late 2016, it said on Monday. The proposal is BHP's first indication of expansion...
28th July 2014
 
 
METALS

Strong production quarter for Independence

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ASX-listed Independence Group has reported an increase in gold, zinc and copper production during the three months to June, as the Tropicana gold project continued to ramp up and its Jaguar operation increased grades. Independence on Monday...
28th July 2014
 
 
COPPER

Congo president fires CEO of State miner Gecamines for 'gross negligence'

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Democratic Republic of Congo's President Joseph Kabila has fired the chief executive of the country's State mining company Gecamines for "gross negligence", according to a presidential decree read out on the state television channel. Government...
28th July 2014
 
 
MINING RISKS

Productivity now top business risk for mining

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The mining and metals industry has identified productivity as the top business risk facing the industry globally, advisory firm EY has found in its latest business risks report. EY global mining and metals leader Mike Elliott said on Monday that...
28th July 2014
 
 
APPOINTMENT

Basil Read appoints Nicolau CEO

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Basil Read CEO Neville Nicolau Construction, mining, development and engineering group Basil Read on Monday announced the appointment of Neville Nicolau as CEO and executive director of the company as from September 1. Nicolau, a former CEO of Anglo American Platinum and a...
28th July 2014
 
 
SILVER

Fortune Minerals reports attractive metrics for Colorado silver mine

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TSX-listed Fortune Minerals this week reported attractive financial indicators resulting from a preliminary economic assessment (PEA) undertaken on its recently acquired Revenue silver mine, in south-west Colorado. The London, Ontario-based...
25th July 2014
 
 
MINING PRODUCTIVITY

Miners need to reverse decade-long productivity decline

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Miners will need to radically transform their business models if they wanted to reverse the decade-long decline in productivity, a new report by professional services firm EY has found. ‘Productivity in mining: A case for broad...
25th July 2014
 
 
 
 
 
 
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