Mining Weekly Magazine Cover
Magazine in Store Now!
RestrictedAdvanced Search
powered by
GOLD 1150.60 $/ozChange: 9.51
PLATINUM 1446.50 $/ozChange: 7.00
R/$ exchange 7.61Change: -0.08
R/€ exchange 11.31Change: -0.09

Sector News

image
All Articles
image
image
Video
image
image
Audio
image
COPPER

Southern Copper pushes back start of Peru project

Southern Copper said on Friday its Tia Maria copper project would likely start production by the end of 2011, roughly six months later than previously predicted. Tia Maria, which is expected to cost nearly $1-billion, has come under criticism...
20th November 2009
 
GOLD

IMF may start gold sales in Q1 – VM

Unless another central bank steps in to buy what remains of the gold earmarked for sale by International Monetary Fund (IMF), the fund will likely begin on-market gold sales in the first quarter of 2010, suggests VM Group analyst Matthew Turner....
20th November 2009
 
CHILE

BHP, strikers in Chile agree to resume talks

Strikers at the Spence copper mine agreed to resume wage talks with owner BHP Billiton on Friday in an effort to end a 39-day work stoppage that threatened to spread to the miner's other operations in Chile. A leading Chilean mine union earlier...
20th November 2009
 
COAL

Rio Tinto expects $741m from US coal unit IPO, notes sale

Diversified miner Rio Tinto will receive proceeds of at least $741-million from transactions related to the initial public offering (IPO) of its Cloud Peak Energy unit, which started trading on the New York Stock Exchange on Friday, the group...
20th November 2009
 
HEALTH & SAFETY

Alpha Natural reports roof fall at Pennsylvania mine

A roof fall at US coal-miner Alpha Natural Resources' Emerald longwall mine, in Pennsylvania, disabled the main conveyor line and shut down production on Wednesday, the company reported on Friday morning. No employees were in the area at the time...
20th November 2009
 
BASE METALS

Santa Rita commissioning running smoothly - Mirabela

The commissioning of the processing plant at TSX- and ASX-listed Mirabela Nickel's Santa Rita mine, in Brazil, is going to plan, with only "minor rectification issues" encountered, the firm reported on Friday. All mechanical and electrical...
20th November 2009
 
COAL

Design completed for first phase of Miranda’s maiden coal mine

JSE-listed minerals exploration and development company Miranda Resources on Friday reported that it has advanced towards the commissioning its first coal mine during its financial year, which ended on August 31, 2009. Miranda had been granted...
20th November 2009
 
GOLD

Newmont hits commercial production at new Australian mine

Colorado-based Newmont Mining has achieved commercial production at its new Boddington mine, in Australia. The mine, which is expected to operate for more than 24 years, will be the largest gold producer in the country.
20th November 2009
 
LABOUR

Chile miners threaten action against BHP mines

A leading Chilean mine union on Friday threatened to halt output at mines owned by BHP Billiton in solidarity with strikers at its Spence deposit, fanning supply disruption fears in the top copper producer. Such a move by the mining federation,...
20th November 2009
 
GOLD

Central Rand Gold’s BEE partner to appeal court ruling

Black-empowered Puno Gold Investments has again brought an application against junior gold-miner Central Rand Gold (CRG), this week, applying for leave to appeal the South Gauteng High Court’s earlier decision to dismiss Puno’s interdict with...
20th November 2009
 
Mining Services

New products to increase company focus on mining sector Video Available

Elquip Manufacturer of flexible conduits Flexicon, of the UK, and its local exclusive distributor and representative Elquip Solutions, aims to, as part of their marketing strategy, increase their focus on hazardous environments, including the mining...
20th November 2009
 
PLATINUM

Johnson Matthey bullish on platinum, palladium, sees deficits Video Available

Platinum researcher Johnson Matthey on Tuesday presented a bullish outlook for both platinum and palladium and spoke of deficits being on the way in both metals. Johnson Matthey precious metals marketing director Mark Bedford told Mining Weekly...
17th November 2009
 
MINING EQUIPMENT

Barloworld sees mining-led sales recovery in second half of 2010 Video Available

Barloworld CEO Clive Thomson Diversified industrial group Barloworld, which reported a 25% drop in operating profit to R1,9-billion for the year to September 30, 2009, said on Monday that it expected 2010 to be "another challenging year". Group revenue declined by 10% to...
16th November 2009
 
LEADERSHIP CRISIS

Godsell won't comment on possible Eskom return Video Available

Following two weeks of leadership uncertainty, the board at South African power utility Eskom finally confirmed on Thursday that the resignation offer made by CEO Jacob Maroga during the board meeting of October 28 had been "clear and...
12th November 2009
 
LEGISLATIVE ENVIRONMENT

SA govt will allow Chamber input on ‘unfair' Mining Charter review Video Available

Mineral Resources Minister Susan Shabangu The South African government had completed its review of the Mining Charter, Mineral Resources Minister Susan Shabangu said on Tuesday. Shabangu said at the annual general meeting of the Chamber of Mines (CoM) that she was aware that the CoM...
3rd November 2009
 
LEGISLATIVE ENVIRONMENT

Nationalisation call based on mining being ‘gem in SA crown' – Chamber Video Available

Sipho Nkosi, Chamber of Mines president The underlying logic of the call to nationalise South Africa's mining industry was the mining sector's status as "a precious gem in our country's sovereign crown", Chamber of Mines (CoM) president Sipho Nkosi said in Johannesburg on Tuesday....
3rd November 2009
 
GOLD

Falling steel shuts AngloGold Ashanti shaft for two months Video Available

The TauTona shaft of gold miner AngloGold Ashanti has been closed for two months, which will mean a 1 500 kg loss of gold production. The shaft has been closed so that repair to steelwork can take place safely, following the falling down a sub...
2nd November 2009
 
GOLD

Solution needed to electricity pricing, rand strength – AngloGold Video Available

AngloGold Ashanti CEO Mark Cutifani South Africa Incorporated needed to thrash out a workable, collective solution to its electricity pricing issue, which, together with the strong rand, was putting the country's future employment capacity at significant risk, AngloGold Ashanti CEO...
2nd November 2009
 
GOLD

New thinking needed on Eskom electricity tariff – Harmony Video Available

Harmony Gold CEO Graham Briggs South Africa needed to apply its mind to solving the electricity price issue to avoid widespread knock-on effects that would seriously stunt economic growth and spark a new round of wage demands, Harmony Gold CEO Graham Briggs said on Friday. The...
30th October 2009
 
GOLD-MINING

South Deep expected to 
produce 300 000 oz in year ending June 2010 Video Available

Plans for the build-up of JSE-listed gold major Gold Fields’ 50-year-life mechanised South Deep mine are progressing rapidly, states Gold Fields vice-president and head of South African operations Vishnu Pillay.
23rd October 2009
 
image
VIDEO
image
View all
 
 
New products to increase company focus on... Video
Now miners focus on better 
capital, cash... Video
Real Economy Report Video
Johnson Matthey bullish on platinum, palladium,... Video
Barloworld sees mining-led sales recovery in... Video
Godsell to be asked to reconsider Eskom... Video
Godsell won't comment on possible Eskom return Video
Real Economy Report Video
Real Economy Report Video
image
Audio
image
View all
 
 
On-the-Air 20/11/2009 Audio
Daily podcast – November 20, 2009 Audio
Daily podcast – November 19, 2009 Audio
Daily podcast – November 18, 2009 Audio
Daily podcast – November 17, 2009 Audio
Daily podcast – November 16, 2009 Audio
Daily podcast – November 13, 2009 Audio
On-The-Air (13/11/09) Audio
Daily podcast – November 12, 2009 Audio