R/€ = 15.48 Change: -0.01
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Exploration News

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... 

Chileans take a shine to Zambian copper

By: System Author     2nd July 1999 A team of 14 engineers and geologists from Chile’s state-owned copper company, Codelco, is now in Southern Africa, working with Anglo American plc staff on their proposed copper joint venture (JV) in Zambia. The Chileans, who include metallurgical engineers and mining engineers, are... 

Promising adjoining areas

By: System Author     25th June 1999 What is referred to as Target is really only Target south. This, on its own, is destined for at least 15 years of life. But adjoining are areas of potential future expansion, embracing Target north, and Sun south, each already showing signs of significant potential. Target south embraces the... 

Info providing cost headstart

By: System Author     25th June 1999 Accuracy of information is giving Target gold-mine a major cost headstart. Drilling and years of mining at adjoining Loraine is minimising risk. The main drilling programme finding is that the extensive shallower Eldorado formation containing Elsburg and Dreyerskuil reefs continues north from... 

Juniors need to sharpen credibility

By: System Author     25th June 1999 Junior mining and exploration companies might be aided in their d 

Surprise-free mining forecast

By: System Author     25th June 1999 Surprise-free mining is forecast for Target gold-mine by seismic interpreters Rock Deformation Research (RDR) of Leeds in the UK – the fruit of state-of-the-art seismic surveying and detailed analysis, RDR’s Steve Jolley tells Mining Weekly. A three-dimensional (3D) seismic reflection... 

Are coal’s ‘farm fences’ destined to come down?

By: System Author     18th June 1999 It happened in the gold industry when the restrictive ‘farm fences’, which had kept South African gold-mines penned into geologically-irrelevant lease areas, were taken down. Now it looks set to happen in the coal business, as South African coal companies move to boost efficiencies in... 

Tearing away at the enigmatic face of mineralisation in SA

By: System Author     18th June 1999 A project to develop a computer modelling system for orebody formation is yield- ing results beyond expectation, and these are tearing away at the enigmatic face of mineralisation. These discoveries are being made at Rhodes University, where the project is headed by Professor Alan Rice, a... 

Grand old mining company prepares itself for growth

By: System Author     4th June 1999 One of South Africa’s oldest names in the mining industry is set for a future of growth. West Rand Consolidated Mines (WRCM), which can trace its history back to 1887 – although the present name was adopted only in 1908 after the Botha’s Reef Mining Company had merged with a... 

New era for SA gold-mining now on target

By: System Author     21st May 1999 Unconventional philosophies to be implemented at Avgold’s new Target mine in the Witwatersrand basin herald the beginning of a new era in gold-mining in South Africa. Based on the foundations of mechanisation, information and modern organisational design, the operation is expected to yield... 

Gold No. 2 reconsiders NYSE bid

By: System Author     7th May 1999 South Africa’s second-largest gold producer, Gold Fields Limited, which has been mulling a listing on the main board of the New York Stock Exchange (NYSE), is now reconsidering the idea, deciding rather to focus on Driefontein’s Nasdaq listing, chairperson Chris Thompson tells Mining... 

Low-cost producer keeps on looking

By: System Author     7th May 1999 Exploration is a “really key issue” for medium-sized South African opencast low-cost gold-mining company Kalahari Goldridge (Kalgold). “Growth through exploration has always been a core element of our strategy, and when the new carbon-in-leach plant was commissioned nine months... 

DRD still hungry for OZ action

By: System Author     7th May 1999 If you are a listed Australian gold company with an underground operation producing between 50 000 and 150 000 ounces a year and are in the bottom third of the Australian Stock Exchange’s gold board, you’re on Durban Roodepoort Deep’s (DRD’s) menu. The medium-sized South... 

New junior sector on track

By: System Author     30th April 1999 The Johannesburg Stock Exchange (JSE) is planning to establish a separate junior mining sector under its newly-structured resources board within the next month or two. JSE listings director John Burke tells Mining Weekly that the exchange will sit down with specialists in the field over the next... 

‘100-year mine’ on the cards

By: System Author     30th April 1999 To complete the exploration task at Mazal Mining’s Paardeberg East, 50 km west of Kimberley, more trenching, drilling and bulk sampling must be undertaken – trenching to expose the kimberlite on surface for a two-dimensional top view; percussion drilling to 60 m for a depth view; and... 

Expo showcases mining software

By: System Author     30th April 1999 Local mining-software supplier Datamine South Africa will be exhibiting its latest release of the full Windows version of its system for geological and mining applications at the Engineering Technologies ’99 exhibition. Scheduled for May 18 and 20 at the MTN Sundome, the exhibition is said... 

Musselwhite Thunder Bay, Ontario

By: System Author     30th April 1999 Name: Musselwhite Location: 500 km north of Thunder Bay, north-western Ontario, Canada Brief description: Musselwhite is a $190-million fast-track open-pit and underground gold-mine as well as a new 3 300 t/day plant. Products: Gold Geology: The mine’s gold-bearing zones are centred within... 

International accounting

By: System Author     23rd April 1999 Kroondal Platinum Mines (KPM) complies with generally-accepted accounting practice (Gaap) and with international accounting standards (IAS) benchmarks, essential to satisfy foreign shareholders in particular. This is a far cry from conventional South African mining-house accounting practice.... 

Non-core activities divested

By: System Author     23rd April 1999 The divestment of all of Iscor’s international exploration activities to Australian listed company Africwest Gold, has been announced in line with the company’s strategy to focus on its core business. Iscor chairperson Hans Smith reported earlier this month that the divestment of its... 

Kimberley gets new sparkle

By: System Author     9th April 1999 An exploration and mining company, Mazal, the Hebrew word for luck, has found its fortune in a Paardeberg East kimberlite deposit near Kimberley that could be the largest in South Africa. Still in the exploration stage, the company is sure of at least a 28 ha deposit, although it is estimating... 

Aim is to be among ‘top ten’

By: System Author     26th March 1999 Since Durban Roodepoort Deep’s (DRD) inception, the objective has been to evolve the historic, but small, marginal-ounce producer into an entity that will rank in the top ten as an ounce producer, with a 1,2-million-ounce-a-year profile. Looking ahead, with South African acquisition... 

Size DOES count!

By: System Author     26th March 1999 In geographical areas with abundant soft coal or lignite deposits, this fossil fuel is mined on a very large scale – on the order of several hundred million tons a year in Germany alone, explains Hartmut Schimkat of Siemens. To cope with the enormous quantities of waste sand that must be... 

Mining contract outsourced at R220m a year

By: System Author     12th March 1999 A R220-million-a-year mining contract involving all six shafts has been awarded to Samat Exploration by the new owners of President Steyn Gold Mine. The core business of Samat is contract mining, with activities ranging through development, production mining and installation of infrastructural... 

Mining giant’s base-metals safari

By: System Author     5th March 1999 London-listed mining company Billiton is in a hurry to find base metals in Africa, Mining Weekly can today report. “We have a strategy that requires us to look for meaningful deposits of copper, zinc, lead and nickel; these being the key minerals missing from our present portfolio,”... 

African gold exploration

By: System Author     5th March 1999 Despite political upheaval and social and economic instability in many African countries, international companies are still willing to take the risk to explore mining opportunities on the continent. Following the establishment of a regional office in South Africa in 1997, UK exploration company... 

Black diamond unearthed

By: System Author     12th February 1999 In the absence of a small-mining division within leading diamond mining and exploration giant De Beers, the company has signed a multimillion-rand black-empowerment agreement with regard to its Marsfontein mine in the Northern Province. In return for a consideration of about R200-million, De... 

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