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Resources Watch

By: Creamer Media Reporter This week: South Africa’s new JSE-backed oil and gas code is globally aligned. And, low iron-ore prices are killing jobs at Kumba. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: An inland terminal rapid rail master plan is urged for new coal basins. And, Transnet says its take-or-pay contracts offer volume ‘cover’ during a weak commodity climate. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Government and the private sector are working constructively to tackle acid mine drainage in the Wits basin. South Africa’s rejected mine water plan deprived 7 000 people of jobs. And, mine mechanisation that’s linked to local equipment retains jobs. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Wescoal commits to black holding company control to qualify for Eskom’s business. A locally developed materials handling system ‘takes to the skies’. And, the coal price slide is hitting miners and rail group Transnet. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Mintek unveils its pilot rare earth solvent extraction plant. Glencore puts millions into education in the Mpumalanga coalfields. And, South Africa’s geoscience is ‘desperately’ underfunded. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Equipment manufacturer Joest exceeds the Mining Charter target as it sells 30% to a black consortium. And, there’s a call for jobless mining engineer graduates to spearhead the research revolution. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Mwana Africa slashes its overheads from $8.5-million to $6.45-million. Quick action is needed to prevent the collapse of the global coal sector. And, Namibia’s mining industry pulling together is boosting the country’s economy. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: The Chamber of Mines reveals its plan to get South Africa’s ‘great mining industry’ back on the front foot. South32 shares rise on thei JSE debut, while BHP Billiton shares fall. And, 3M aims to increase sales to the mining sector. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: A premium should be placed on the reputational risks to the diamond sector. State miner aims to increase output by the end of the year. And, the DMR’s new fatigue-monitoring code of practice is welcomed. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Sasol nears the tail end of its R15.3-billion mine replacement project in Secunda. Brazil’s Vale stresses the importance of community engagement. And, Stonewall aims to mine 36 000 ounces a year from Mpumalanga tailings in the next ten years. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: DRDGold records higher third quarter profit, production and sales. Mining companies are advised to invest in the future. And, simulation enhances the preparation of mining students. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Minister Lynne Brown moves to stabilise Eskom leadership with appointment of Brian Molefe as acting CEO. And, a new dust buster initiative sounds the potential death knell for the silicosis scourge. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Shaft sinking at Bakubung remains on track. And, uncontrolled and illegal sand mining has increased ‘dramatically’ in the last five years. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Cash-fixated Gold Fields cleans up on marginal mining. And, South Deep’s problems should ease in the second half. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Power problems offer platinum a huge demand opportunity. And, Some R450-million has been paid to former miners in the past year. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Eskom targets 975 MW in savings as it restarts its DSM schemes. And, Vested interests and a lack of understanding are the key impediments to a PGMs exchange. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: De Beers says there are early signs of another good year for diamond jewellery in 2015. And, Horomela Investments hopes to get Northern Cape zinc, copper and lead prospecting rights by year-end. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: ARM’s Patrice Motsepe urges serious government intervention on Eskom let down. Documentaries on the horrors of mining’s past mooted at Coalsafe. And, BSG vows to clear its name after bribery allegations. 

Resources Watch

Resources Watch

By: Creamer Media Reporter AngloGold Ashanti aims for its new technology to be competitive this year. Merafe is in a good position to meet the increased ferrochrome demand. And, ‘zero harm’ should be South African mines’ ultimate goal. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Implats moves to power its platinum refinery with platinum fuel cells. A property sale provides profitability impetus for AECI. And, AngloGold Ashanti is in mass meetings with workers ahead of wage talks. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Sibanye eyes a R3-billion, 150 MW solar power station. DRDGold lifts its output 6% despite 67 hours of load shedding in December. And, the International Council for Mining & Metals says mines are the development engines for host countries. 

Resources Watch

Resources Watch

By: Creamer Media Reporter Kumba exceeds its 2014 production target, but feels the export price crunch. South Deep hits a ‘low point’ in 2014 as skills deficit and downtime bite. And, Universal aims for midtier status through a portfolio expansion. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Resource prices are the main source of adversities and opportunities for Africa. And, mine fatalities are at their lowest level ever. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: 130 000 ex-mineworkers claim their unpaid benefits. Glencore’s R8-billion Tweefontein project is on time and under budget. And, Wesizwe reaches an underground milestone. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Lonmin and Amcu celebrate the finalisation of a landmark BEE equity deal. And, mineworker numbers are set to fall 8% a year. 

Resources Watch

Resources Watch

By: Creamer Media Reporter Glencore’s new low-cost Tweefontein coal mine comes in below budget. BHP Billiton signs a R10-billion aluminium supply deal with a black consortium. And, natural gas is a big greenhouse gas contributor. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Technology initially developed for the oil and gas industry enables the visualisation of the subsurface of an entire mining area. The Central African Republic is the new ‘blood diamond’ hub. And, technology slashes power use at Glencore's huge South African chrome smelter. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Wescoal will be a vastly different company by the end of the financial year. AngloGold plans a $1-billion debt cut. And, R1-billion has been set aside for the initial Waterberg coal rail ramp-up to 26-million tons. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: De Beers plans to keep South African diamond exploration spend at R30-million a year. And, South Africa’s ‘instant’ society hurts prospects. 

Resources Watch

Resources Watch

By: Creamer Media Reporter R50m virtual reality centre set to revolutionise mine design. Rockwell reports costs down, revenue up. Juniors face uphill battle to generate their own funds. 

Resources Watch

Resources Watch

By: Creamer Media Reporter This week: Anglo American puts up R120-million for municipal capacity development. The Minerals amendment Bill may be sent back to Parliament. And, Rio Tinto says it has rejected a potential merger with Glencore. 

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Au 1095.49 $/ozChange: 0.31
Pt 984.00 $/ozChange: 2.00
 
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