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ELECTRICITY & MINING

Barberton mines in bid to slash electricity consumption

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South African gold-mining junior Pan African Resources (PAF) has announced that the company will be spending R40-million during the 2010/2011 financial year on mineral resource management in an attempt to negate growing electricity costs.
3rd September 2010
 
 
GOLD

DRDGold pours R5,2m into Zim exploration, more expenditure planned

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Gold-mining junior DRD Gold has explained that the plethora of untapped resources that Zimbabwe offered was what drove the company to expand its horizons north of the border.
3rd September 2010
 
 
GOLD

Eritrea gold project now 70% complete

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Canadian miner Nevsun Resources reports that its gold/copper/zinc Bisha mine fourth-quarter commissioning is on track and the project has now reached 70% completion.
3rd September 2010
 
 
Corporate Social Investment

Gold junior spends millions on skills development

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DRD Gold has announced that the company has spent R4,9-million on a local economic development programme this year.
3rd September 2010
 
 
Mine Health & Safety

Miner reports zero fatality rate but concedes injuries are still a cause for concern

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Although DRD Gold managed to have a fatality-free fourth quarter the company reports that its lost time injury frequency rate (LTIFR) is still an issue.
3rd September 2010
 
 
GOLD

Anatolia Minerals targets 400 000 oz/y by 2014

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Colorado-based Anatolia Minerals is hoping to grow production at its Çöpler gold project in Turkey to 400 000 oz/y by 2014, CEO Edward Dowling said on Thursday. The company will produce the first gold by the end of the year, building up to an...
2nd September 2010
 
 
GOLD

SA’s second-quarter gold output down 2%

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South African gold miners produced 2% less gold in the second quarter of this year than it had in the second quarter of 2009, the Chamber of Mines (CoM) reported on Thursday. Total gold production in the quarter ended June 30, 2010, amounted to...
2nd September 2010
 
 
GOLD

Perseus expects 200 000 oz/y from Ghana mine by 2012

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Perth-based Perseus Mining, which focuses on gold belts in West Africa, has set a target of producing more than 200 000 oz/y of gold by 2012 and plans to double that to 400 000 oz/y of gold a year later. MD Mark Calderwood told the Africa...
2nd September 2010
 
 
 
 
 
 
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