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News This Week
 
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
 
 
MINERAL EXPLORATION

Malawi reports upsurge in exploration as economic crisis wanes

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The Malawi government says mineral explorationin the country by local and international companies is gathering pace.
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
 
 
DIAMONDS

Rio Tinto to invest $300m in Zim gem mine expansion

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Anglo-Australian resources group’s Zimbabwe unit has announced plans to invest $300-million in an expansion programme at the Murowa diamond mine.
3rd September 2010
 
 
Mine Safety

Barberton mines’ accident rate falling by 10% each year

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South African mining company Pan African Resources (PAF) Barberton Mines GM Casper Strydom reports that the company set a target of a 10% year-on-year reduction on its lost time injury frequency rate (LTIFR) three years ago and has been achieving...
27th August 2010
 
 
 
 
 
 
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