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Diversified Miners News

Resources giant closes Oz colliery

     18th February 2002 Diversified resources giant BHP Billiton said at the weekend that it would close the Tower Colliery in Australia's New South Wales state, citing limited coal recovery capacity and major geological problems. 

Global downturn hits gem leader

     18th February 2002 The world's biggest diamond producer, De Beers, said on Friday its profit halved in 2001 as the global economic downturn slashed rough diamond sales, but said the market started 2002 in a more optimistic mood. 

Iron-ore, coal boosts resource giant

     15th February 2002 The world’s largest diversified miner, BHP Billiton, reported a 3,5% profit rise for the first half of 2001/2, as iron-ore and coal, new operations and currency gains offset slides in metals and oil. 

Empowered coal firm may make its way to JSE

By: Terence Creamer     15th February 2002 South Africa’s newest mining house, Kumba Resources, says it is open to the listing of a separate coal company on the JSE Securities Exchange once the merger between Kumba Coal and Eyesizwe is concluded. 

Africa still important – Anglo

     14th February 2002 Mining giant Anglo American, smarting from criticism over its decision to withdraw from the Konkola copper mines in Zambia, said it remained committed to Africa and to finding new mines there. 

Big profits forecast for resources giant

     11th February 2002 Strong iron-ore and coal sales and gains from a falling South African rand are expected to give BHP Billiton, the world’s largest diversified miner, a flat first half profit near $1,16-billion. 

Zambian Copperbelt comeback collapses

     8th February 2002 Scarcely 18 months ago, there was much optimism about what had been dubbed the Zambian ‘Copperbelt comeback’, following the formation of the Anglo-backed Konkola Copper Mines (KCM), which included the much sought-after $500-million Konkola Deep Mining Project (KDMP). 

World Bank to salvage Konkola

     4th February 2002 The World Bank said it was ready to find cash so Zambia could save mines owned by Anglo American from closure if the mining giant pulls out of the country. 

Angry reaction to Anglo's Zambian withdrawal

     1st February 2002 Mining giant Anglo American’s decision to strangulate the country by pulling out from Konkola Copper Mines (KCM) makes it easy to sympathise with Robert Mugabe’s style of governance in Zimbabwe, Zambia Alliance for Progress (ZAP) leader Dean Mung’omba has said. 

Swiss group in coal talks

     1st February 2002 Swiss minerals group Xstrata said it had been in discussions with commodities house Glencore regarding the acquisition of Glencore’s coal assets in Australia and South Africa. 

Zambia hit again by cobalt closure

     30th January 2002 Zambia’s Orion Mining has shut its Kabwe cobalt-processing plant, delivering a new blow to the country’s economy after Anglo American last week shelved further investment in its Zambian copper operations. 

Tony Trahar's view on Africa

     29th January 2002 “I am pleased to be able to speak at this conference coming as it does shortly before the World Economic Forum in New York and at a time when the political situation in some Southern African countries is under international scrutiny,” said Anglo Amrican CEO Tony Trahar at the... 

Three Free State shafts reopened

By: Keith Campbell     25th January 2002 The new Harmony Gold/African Rainbow Minerals joint venture which took over four mines in the region from Anglogold, is to re-open three shafts which had been closed by the previous owners. 

Titanium prices to soften – report

     24th January 2002 Titanium dioxide (TiO2) pigment prices will drop this year, but prices are likely to rise by 11% in real terms by 2006, according to a report by AME Mineral Economics in Australia. 

Firm receives its largest order ever

     7th December 2001 East Rand drying-systems specialist Lockers Engineers has secured orders to the value of R8,5-million for Ticor South Africa, the Kwazulu Natal mineral-sands project. 

Infrastructure engineering contract awarded

     7th December 2001 A contract to provide detailed engineering of all reticulation systems and services and infrastructure – including the fine-tailings disposal facilities – for the Hillendale mine site in Richards Bay, Kwazulu-Natal, has been awarded to Knight Pi 

Chemical dosing plant outsourced

     7th December 2001 Gauteng water-engineering firm Thuthuka Project Managers has financed, designed and built the chemical dosing plant for the new Ticor South Africa central processing complex (CPC) in Empangeni, Kwazulu-Natal. 

'Green' beneficiation is environment-friendly

By: Deborah Spicer     7th December 2001 The beneficiation of Ticor SA’s heavy minerals takes place with the addition of few chemicals, enthuses beneficiation manager Robbie Gleimius. 

Future plans rest on two projects

By: Deborah Spicer     7th December 2001 Plans for growth at Ticor South Africa will be finalised when two project-determining decisions are made in the coming months. 

Civils reach 40% mark

By: Deborah Spicer     7th December 2001 The civils division of Group 5 has completed 40% of its R45-million contract for the civil work at the Ticor SA smelter, near Empangeni in Kwazulu-Natal. 

New system gives mining firm more control

     7th December 2001 Mining information technology (IT) specialist AST has successfully implemented a manufacturing execution system (MES) for Ticor South Africa. 

Slag-treatment plant contract is awarded

     7th December 2001 A contract for the slag-treatment and reductant plant at Ticor SA’s mineral processing facility in Empangeni has been awarded to Barker Flynn, a subsidiary of Argent Industrial. 

Technology beats high slimes content

By: Deborah Spicer     7th December 2001 While many people believed that the high slimes content found at Ticor South Africa’s Hillendale mine site precluded the possibility of the dune ever being mined, Iscor – now Kumba Resources – proceeded to develop the technology that would allow for its successful mining. 

Firm gets foot in the door with contract

By: Deborah Spicer     7th December 2001 Having completed project work to the value of R80-million at Ticor SA, turnkey project engineering company Exclusive Technical Services (ETS) is setting its sights on becoming more involved in the mineral-sands industry. 

Project to turn SBU into top earner

By: Deborah Spicer     7th December 2001 The heavy-minerals-sands division of Kumba Resources is growing to such an extent that business unit GM Wim de Klerk predicts that the unit may be the second-highest cash and income earner within the next few years. 

Project to raise fluorspar output by 50%

     7th December 2001 Mid-tier mining group Metorex is completing a multimillion-rand capital programme at its Vergenoeg fluorspar mine, which will see a 50% increase in production over the next three years and which has lifted the recovery rate by 24% to date. 

Firm strategically positioned for growth

By: Deborah Spicer     30th November 2001 Having completed a five-year re-engineering drive, Kumba Resources is intent on making its strategic business units (SBUs) more efficient by increasing the volumes produced and critically challenging potential investments. 

East Rand facility to produce a third of world's synthetic-diamond output

By: Irma Venter     23rd November 2001 The new Oppenheimer Diamond Research Laboratory in Springs, on the East Rand, together with the adjacent diamond-manufacturing plant, in the process of expanding, is the largest and most advanced synthetic diamond centre in the world. 

Next step in Free State consolidation by March?

By: Keith Campbell     22nd November 2001 A decision on whether or not Gold Fields will sell its St Helena and Oryx operations i to the Harmony Gold/African Rainbow Minerals (ARM) alliance will be taken before the end of the Q1 of next year 

Smelter push begins at SA's latest heavy-mineral project

     16th November 2001 The foundations have been laid and construction has begun on a R916-million ilmenite smelter in Richards Bay, Kwazulu-Natal, following the decision by Ticor, a publicly listed Australian company, to acquire a $230-million stake (40%) in the Ticor South Africa, which is co-owned by Kumba Resources... 

Black-empowerment success on KZN dunes

     16th November 2001 A geological exploration project in the coastal dunes south of Esikhawini, Kwazulu-Natal, by heavy-minerals miner Richards Bay Minerals (RBM) has spawned significant empowerment and job opportunities. 

Smelter push begins at SA's latest heavy-minerals project

     16th November 2001 The foundations have been laid and construction has begun on a R916-million ilmenite smelter in Richards Bay, Kwazulu-Natal, following the decision by Ticor, a publicly listed Australian company, to acquire a $230-million stake (40%) in Ticor South Africa, which is co-owned by Kumba Resources (60%). 

$500m project on track for 2002

By: Zonika Botha     16th November 2001 The bankable feasibility study (BFS) into the $500-million Corridor Sands titanium project near Chibuto in the Gaza province of Southern Mozambique is well under way and should be completed by April next year, Mining Weekly can today report. 

Gilbertson defends copper cuts

By: Terence Creamer     13th November 2001 Minerals and energy resources major, BHP Billiton, believes it has acted from a position of strength in announcing cutbacks in its copper output at its South American operations. 

SA heavy-minerals miner to start offshore exploration

By: Irma Venter     2nd November 2001 Kwazulu-Natal heavy minerals mining company Richards Bay Minerals (RBM) could start prospecting offshore by January. 

Mining group’s life may be short following approach

By: Terence Creamer     1st November 2001 Although steel and mining group Iscor has confirmed a formal approach for its mining business, it is unlikely that any moves will be made until after the conclusion of unbundling process on November 26. 

R8bn affirmative procurement push

By: Laura Franz     26th October 2001 Mining giant Anglo American (Anglo) is set to spend R1,2-billion by year-end on the procurement of services from small and medium enterprises (SMEs) in the empowerment arena, an improvement on the recorded R1,046-billion it spent in 2000, reports Nick van Rensburg, manager of Anglo’s... 

Oz backs new nickel project

     26th October 2001 The Western Australian government intends spending A$18,4-million on roads, houses and an airport in an effort to persuade BHP Billiton to build a nickel-mine in the state. 

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