280-t hauler offers latest ac technology

Mining and construction equipment manufacturer Komatsu’s new 860E-1K rigid frame truck is the latest addition to its line of electric-drive, mining-class haulers. The truck is designed for a nominal payload of 254 t and is available with an...

Africa ready to help kick-start melting global economy

Africa has an unprecedented opportunity to contribute to the kick-starting of the down-turned global economy as it prepares for a revival of the commodities boom, says Anglo American South Africa head Kuseni Dlamini.

Africa, China economic 
growth intertwined

A new coupling of Africa and China’s economies is beginning to materialise, suggests Frontier Advisory CEO Dr Martyn Davies.

Addressing delegates at the Mining Indaba in Cape Town recently, Davies explained that, in 1996, an economic growth...

Australia committed to Africa despite credit crunch

Despite the global economic downturn, Australia’s confidence in the African resource sector remains strong, says Australian High Commissioner to South Africa Ann Harrap.

Commodities market to bottom out

UK-based financial institution Barclays Capital expects that, while the commodity outlook for 2009 is inauspicious, there are signs that the market has begun to bottom out.

Copper may average $4 200/t this year

Copper prices are expected to recover to an average of $4 200/t in 2009, says Standard Bank head of commodities research Walter de Wet. Although he did not see any short-term upside for commodities, De Wet predicts that the commodity market, and...

Gold junior 
to complete prefeasibility study by April

TSX- and JSE-listed junior miner Wits Gold will complete the prefeasibility study for its Bloemhoek project, in South Africa’s Free State province, in April this year.

Speaking to Mining Weekly at the Mining Indaba 2009, in Cape Town, Wits...

Gold major targets 4Moz a year by April

South African gold major Gold Fields is targeting a production rate of four-million ounces a year by April at a time of rising revenue in both dollar and particularly local-currency terms and falling costs, says Gold Fields CEO Nick Holland.