R/€ = 14.58 Change: 0.06
R/$ = 11.81 Change: 0.15
Au 1333.20 $/oz Change: 18.63
Pt 959.00 $/oz Change: 6.99

Exploration News

Another eastern limb site is under intensive study

     22nd March 2002 The latest site of intensive platinum-group metal (PGM) exploration on the high-yielding Bushveld Igneous Complex’s eastern limb is the Helena and Der Brochen farms. 

Gold explorer presses ahead in West Africa

     22nd February 2002 London-listed Randgold Resources posted an operating profit of $46-million for the year to December 2001 – an increase of $30-million on the previous year. 

SA gold miner looks West and East

By: Keith Campbell     15th February 2002 Harmony Gold Mining is looking at opportunities in Peru as well as targetting Australia, and is evaluating the future of nearly exhausted shafts such as Harmony 4 and Evander 9 on a quarterly basis. 

Breaking boulders safely

     18th January 2002 The propellant-based system from RockTek known as RocKracker has been developed to break oversize boulders without the safety concerns on noxious gases or explosives and detonators. 

Senegal plans big minerals-mapping drive to attract international investors

     18th January 2002 SENEGAL – West African country Senegal plans to upgrade the mapping of its mineral resources and develop several mining-related projects, thanks to financial support from the European Development Fund. 

Technique developed to enhance orebody information

     14th December 2001 Industrial research council CSIR is developing a borehole radar system specifically suited to the South African mining industry. 

Move away from grassroots exploration

By: Deborah Spicer     30th November 2001 A new emphasis on grassroots exploration can be seen at Kumba Resources’ business-development unit, which ensures that there is a pipeline of ideas and nursery projects that can help the strategic business units as well as the company achieve fulfil their strategies. 

Gold sector still needs 'niche' companies

     23rd November 2001 WHILE the big were destined to get bigger in gold mining, as they had in other sectors of the industry, there would still be niche opportunities for focused specialised companies, remarked Durban Roodepoort Deep (DRD) chairperson and acting CE Mark Wellesley-Wood during the annual dinner of the... 

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. 

Women are staking their claim in geology

By: Laura Franz     16th November 2001 When Lesley Turner announced her decision to follow in the footsteps of her grandfather, WSF Cameron (a gold-prospector and miner), to pursue a career in geology at a time when there were very few women in the field, her parents were not impressed. 

Morila pays first dividends

     13th November 2001 Randgold Resources yesterday reported a 9% increase in net profit in the three months to September, the quarter in which it also returned $81-million to shareholders, to post its third performance improvement in a row. 

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. 

Coal empowerment company's 10-yr growth plan mapped out

By: Laura Franz     2nd November 2001 While the dust may have settled above-ground since a shake-up in the local coal industry led to the genesis of Eyesizwe, South Africa’s fourth-largest coal company, underground the company is working up a storm as, within the next decade, it prepares to grow its production from 18,5-million... 

Phosphate study is under way in Malawi

By: Marcel Chimwala     26th October 2001 A feasibility study, which is expected to lead to a phosphate-prospecting operation in the highlands of Tundulu, in Malawi’s southern district of Phalombe, is under way. 

Study on for another big Zambia project

     5th October 2001 A full definitive study has been commissioned by Canadian company First Quantum Mineral to determine the feasibility of establishing a large low-cost openpit mine at Kansanshi, Zambia. 

Australians and Canadians come a-hunting

By: Martin Zhuwakinyu     5th October 2001 Officials at Australian junior exploration firm Kings Minerals relish recounting how they acquired the Wimbledon diamond prospect near Kimberley, in the Northern Cape. 

South Africans to develop Mauretania mining

By: System Author     8th September 2000 South Africa’s Council for Geoscience has been awarded the contract to develop the ‘geoscientific infrastructure’ for Project Prism in Mauretania. 

Geologists hit jackpot

By: System Author     8th September 2000 Positive drilling results have raised hopes at Gold Fields’ Leeudoorn gold-mine, in the Witwatersrand Basin, allaying fears over the mere nine-months remaining ore-reserve and the mine’s future in areas below 39 level. 

Nineteen exploration targets

By: System Author     18th August 2000 Three of 19 promising gold exploration targets being developed by South Africans have geological settings similar to the successful Morila find in Mali, West Africa. 

Process plant pump for diamond-exploration company

By: System Author     16th June 2000 Diamonds & marine mining 

The platinum rush is on

By: System Author     11th February 2000 Platinum-group metals 

These pictures tell more than a thousand words

By: System Author     10th December 1999 An exploration tool has been developed by Anglo American Technical Services to complement conventional methods of exploration. 

Mali is exploding

By: System Author     3rd December 1999 Morila Gold-Mine 

African exploration falls under spotlight

By: System Author     3rd December 1999 Morila Gold-Mine 

Searching the desert for zinc

By: System Author     19th November 1999 A joint exploration agreement between Iscor and PE Minerals, of Namibia, to explore base metal concessions held by the two companies in Southern Namibia was signed last month. 

Alliances sought with ‘juniors’

By: System Author     19th November 1999 Mining in Africa 

Mineral exploration, Namibia

By: System Author     15th October 1999 Base-metal explored in southern Namibia 

Precise strata control curve can now be specified

By: System Author     8th October 1999 Rock engineers can, for the first time, specify the exact curve required for strata control following the development of expanded volcanic glass from perlite ore. 

News diamond-exploration tool

By: System Author     10th September 1999 Exploration for diamonds off the South African coastline is set to intensify with the announcement that Namibian Minerals Corporation has placed an order for a new R8-million under-sea exploration tool. 

Chrome’s come-back kid

By: System Author     27th August 1999 Come-back kid South Witwatersrand Exploration Company (Sowits) is planning a return to the South African mining scene with its new chrome-mining interests which will give rise to the construction of a new multimillion-rand ferrochrome plant. 

SA giant explores China

By: System Author     6th August 1999 Exploration for copper in the Zhongdian area of China’s Yunnan province is being undertaken by South African company Billiton. 

New open-pit mine for Barberton greenstone belt

By: System Author     30th July 1999 The Barberton greenstone mining belt has been boosted by the opening of Cluff Mining South Africa’s new Svengali open-pit mine, the first virgin gold find to be developed in the area for more than 60 years. In an exclusive Mining Weekly interview Cluff Mining South Africa regional geologist... 

More nickel exploration

By: System Author     30th July 1999 Geological inputs are being provided for a full feasibility into the expansion of the low-cost Nkomati mine in Mpumalanga, Anglovaal Mining (Avmin) exploration manager Hilton Philpot tells Mining Weekly. Though the focus of this new exploration activity in the vicinity of the Nkomati mine area is... 

Pointing the way forward

By: System Author     23rd July 1999 Quantification of risk is the way forward for South Africa’s mining industry, challenged as it is by spiralling costs, ebbing margins, and global competition. So says Dr Oskar Steffen, co-founder of SRK Consulting, an international group of consulting engineers and scientists who provide... 

Project boosts Mali’s GDP

By: System Author     23rd July 1999 The activities and projects of exploration and mining specialist Randgold Resources, of Johannesburg, the London-listed subsidiary of Randgold & Exploration, is contributing to over 5% of Mali’s gross domestic product at present, and once production begins at its Morila project, the company... 

Metallogenic map of subequatorial Africa

By: System Author     9th July 1999 July 1999 is an important month for anyone involved in mining in Southern Africa – for the first time, an extensive metallogenic map will be released for the Southern African region, including crucial information such as the detailed location of mineral deposits as well as the... 

Geologist backs junior’s claims

By: System Author     9th July 1999 With the market only tolerating companies with rock-solid assets, doubts about the prospects of junior mining exploration company Noble Minerals seem to have been a contributing factor in its poor listing on the Johannesburg Stock Exchange in June. Noble is 30% complete with physical exploration... 

KPM eyes Marikana project

By: System Author     2nd July 1999 Exploration is under way to check the size of the ore reserve at Aquarius Platinum’s newly-acquired Marikana site near Brits in the North West Province, fuelling speculation among South Africa’s investment and mining communities about the future of Johannesburg Stock Exchange-listed... 

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