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Cover Story

Mining companies Down Under being forced to call in administrators, shed jobs as commodity prices decline

By: Esmarie SwanepoelWhile keeping its nomer as the ‘Lucky Country’ by remaining relatively untouched by the global financial crisis, Australia ¬– and more specifically its resources sector – has not been immune against falling commodity prices. The declining prices of coal and iron-ore, in particular, have had a... 

Mining companies Down Under being forced to call in  administrators, shed jobs as commodity prices decline

Editorial Insight

New diamond mines, diamonds selling well, De Beers’ wage deal

By: Martin CreamerDiamond output from Canada is poised to rise sginificantly; Rockwell diamonds sees itself as being well placed for third-quarter improvement; diamond company De Beers secures its first three-year wage deal in South Africa. 

New diamond mines,  diamonds selling well,  De Beers’ wage deal

News & Insight

AEL entrenching itself in Latin American market

By: Zandile MavusoExplosives company AEL Mining Services says its supply of electronic detonators to the Latin American countries has been successful in the past four years, with the company’s focus currently on maintaining its presence in the area by advancing technologically. 

Companies commoditising explosives as Asian market slows

By: Zandile MavusoThe fall of thermal coal prices in China has impacted the Asian mining industry negatively as it has led to companies requiring explosives to be commoditised, says explosives company AEL Mining Services. 

Conflict minerals processing facilities report welcomed

By: Anine VermeulenIndustry initiative on conflict minerals the Conflict-Free Sourcing Initiative (CFSI), last month welcomed the report from the US Department of Commerce on conflict minerals processing facilities, and looks forward to the Department of Commerce’s efforts to collaborate further with existing... 

Importance of developing cutting-edge mining technology stressed

By: Chantelle KotzeThe future of mining through the eyes of the next generation places importance on working towards ensuring a sustainable future, by means of developing cutting edge mining technology and finely honed skills. 

Importance of developing cutting-edge  mining technology stressed

Joburg to host junior mining conference next month

By: Anine VermeulenNow in its third year, the Junior Mining & Exploration Conference & Exhibition, which will take place between November 4 and 6, has firmly established itself as an important industry-gathering for junior miners in South Africa. The theme of this year’s event, shaping the future of the industry,... 

Mining companies Down Under being forced to call in administrators, shed jobs as commodity prices decline

By: Esmarie SwanepoelWhile keeping its nomer as the ‘Lucky Country’ by remaining relatively untouched by the global financial crisis, Australia ¬– and more specifically its resources sector – has not been immune against falling commodity prices. The declining prices of coal and iron-ore, in particular, have had a... 

Mining companies Down Under being forced to call in  administrators, shed jobs as commodity prices decline

Mozambique eyes coal deal for tax consequences, approves power venture

By: Keith CampbellThe Mozambique Tax Authority has been watching the recently concluded deal between Anglo-Australian miner Rio Tinto and Indian company International Coal Ventures Limited (ICVL), in which the former sold its subsidiary Rio Tinto Coal Mozambique (RTCM) to the latter for a reported $50-million.... 

Nigerian-owned group mulling Tanzania coal project to provide fuel for cement plant

By: John MuchiraTanzania’s cement market is set for a major shakeup in pricing after Dangote Cement announced its plant in the country's Mtwara region will be powered by coal. Nigerian-owned Dangote Cement says it is to develop a coal mine in Tanzania's western region to supply fuel for a cement plant it is... 

SA group delivering components of 1 100 t headgear to Zambian mine

By: Chantelle KotzeHeavy engineering group of companies Steel Services & Allied Industries (SS&AI) is delivering the components to site for a 1 100 t steel headgear manufacturing project, which is expected to be erected at the end of the year at the Mopani copper mine, in Zambia. 

SA group delivering components of 1 100 t headgear to Zambian mine

South African CEOs being called upon to increase productivity, profits amid lack of funds, complex geology and labour unrest

By: Chantelle KotzeThe role of the South African mining industry CEO is changing as they are being tasked on an ongoing basis with the high-pressure job of maintaining and creating value in an industry plagued with many challenges and demands, specifically maintaining and increasing productivity and remaining... 

South African CEOs being called upon to increase productivity, profits amid lack of funds, complex geology and labour unrest

South Africa’s AARD aiming to export to more countries

By: Chantelle KotzeDespite achieving export highs in North America, Europe, Zambia, Tanzania, the Democratic Republic of Congo, Zimbabwe and Botswana, South Africa-based 60% black-controlled AARD Mining Equipment aims to expand its exports to additional countries, after signing an exclusive distribution agreement... 

South Africa’s AARD aiming to export  to more countries

South Africa’s gold CEOs ready for mergers as prices decline

By: BloombergSouth Africa’s gold miners are ready for mergers and acquisitions (M&As) as the falling price of bullion forces companies to cut costs and repay debt. “Maybe there’s some smart consolidation that can take place on a regional basis,” says Sibanye Gold CEO Neal Froneman. “I think there will be. I... 

South Africa’s Khumalo sees expansion into Zimbabwe platinum

By: BloombergThe founder of Zimbabwe’s largest gold mining group wants to start platinum operations in the country, which has the world’s largest reserves of the metal after South Africa. “We clearly have aspirations to be in the platinum business, but it will be here in Zimbabwe – we wouldn’t want to get... 

Mine Profile

Bogoso Prestea

By: Sheila BarradasThe operating Bogoso gold mine and processing operations are located in western Ghana near the town of Bogoso, about 35 km northwest from the town of Tarkwa. 

Bogoso Prestea

Photo of the Week

MULTI-VIEW PRESSURE

By: Martin CreamerMany viewpoints are pressuring new Minerals Minister Ngoako Ramatlhodi, who is tasked with piloting amended minerals legislation through Parliament. The oil and gas lobby has personally convinced him that hydrocarbons legislation should be hived off separately from the Minerals and Petroleum... 

MULTI-VIEW PRESSURE

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