http://www.miningweekly.com

Global Mining News in real time

Weekly Features

12.9% of mineworkers severely indebted

By: Jonathan Rodin A recent study by the University of Pretoria has shown that 12.9% of South African mining industry employees have emolument attachment orders (EAOs), or garnishee orders, against their names and are severely indebted. This is as a result of mineworkers’ stable employment status, as they are being... 

Golpu project to proceed to feasibility stage

Gold miner Harmony Gold will progress its Golpu project, in Morobe province, Papua New Guinea (PNG) to the feasibility study stage this year following the approval of the project’s updated prefeasibility study (PFS), in December. The feasibility study for the first stage and the updated PFS for... 

Maiden resource estimate for Burkina Faso gold project targeted

Gold and base metal exploration company Alecto Minerals is on track to achieve a maiden resource estimate for its 399.5 km2 Kerboulé gold project in the highly prospective Birimian-age Djibo gold belt in northern Burkina Faso, later this year. The company last month announced that a detailed... 

Mining industry consumables demand remains stable

By: Jonathan Rodin Despite the current volatile state of the South African mining industry, the demand for consumables remains positive, as not many mines have closed down, says local screening and vibrating-equipment solutions supplier Aury Africa MD Mark Houchin. “As long as a mine is running, it will need... 

Seal solution decreases the impact of dust on communities

By: Jonathan Rodin Environmental management company I-CAT Environmental Solutions – in partnership with gold producer and surface gold tailings retreatment expert DRD Gold – has reduced the impact of dust on communities in the vicinity of DRD’s tailing dam surrounding the FNB Stadium, in Johannesburg, by applying... 

Canadian miner expands West African operation

By: Pimani Baloyi As part of its aim to expand its West African presence, Canada-based TSX- and ASX-listed gold miner Endeavour Mining announced in June that it started production at its Segala underground mine, in south-western Mali, which comprises half of the Tabakoto deposit’s total resources. Endeavour has... 

Canadian miner expands West African operation
PRECIOUS YELLOW METAL The price of gold has been on the decline since 2013

Gold miner increases production, cuts costs

Gold mining major AngloGold Ashanti increased production by 17% and decreased production costs by 22% in the first quarter of this year, according to a press statement that also revealed the company’s adjusted headline earnings to be $119-million, or 29c a share. AngloGold Ashanti CEO Srinivasan... 

Gold miner increases  production, cuts costs
Photo by Bloomberg
CRIPPLE CREEK & VICTOR MINE AngloGold Ashanti continues to invest in its US-based gold mine

Gold miners need to focus on cost accounting

By: Pimani Baloyi With gold mining companies looking for ways of reducing costs amid the recent price decline, implementing area cost accounting analysis will help mining companies that do not already use this information to identify the profitable and non-profitable areas of their mining operations, says mining... 

Gold miners need to  focus on cost accounting
ANDY CLAY Cost accounting enables mining companies to identify the different costs associated with different grades and other mining parameters

Increased demand for South African smelting tech

By: Pimani Baloyi As Africa’s mining industries consider new methods of processing precious metals and base metals, the demand for South African induction-heating technologies on the continent is increasing, says induction-heating solutions company Hot Platinum.  Hot Platinum MD Ali Brey tells Mining Weekly that... 

Increased demand for South African smelting tech
GOLD MELTING This high volume system melts up to 2 t of gold at a time

Increased demand from Asia despite price decline

By: Pimani Baloyi Gold exploration projects continue to attract significant investor interest, mostly owing to Asian markets’ increasing demand for the yellow metal, despite the commodity’s price decline, says mining consultancy The MSA Group. Although the 21% decline since the beginning of 2013 has had a negative... 

Increased demand from  Asia despite price decline
EXPLORATION IN SAUDI ARABIA EXPLORATION IN SAUDI ARABIA Gold explorers are looking to the underexplored territory of north-east Africa and the Arabian peninsula

NPO tackles high TB rate at SA gold mines

By: Pimani Baloyi Shedding light on the tuberculosis (TB) epidemic that continues to pervade the global mining industry, international nonprofit biotechnology company with a mission to develop TB vaccines, Aeras, released a documentary highlighting the need for governments, mining companies, unions, health... 

NPO tackles high TB rate at SA gold mines
UNDERMINED CRISIS All stakeholders need to get involved to help prevent the spreading of tuberculosis across Southern Africa’s gold mining sector

West Africa-focused gold miner prioritises community empowerment

By: Pimani Baloyi London- and Nasdaq-listed gold miner Randgold Resources aims to ensure that communities surrounding its mining operations benefit from the proceeds of mining the natural resources, says CEO Mark Bristow. He tells Mining Weekly that the company has built schools, clinics and homes for... 

West Africa-focused gold miner prioritises community empowerment
MARK BRISTOW The Boyz on Bikes recently raised $1.6-million through their fourth trans-Africa charity bike ride to raise money for Africa’s poor

Ghana seen as gateway into West Africa

By: Carina Borralho Compared with the rest of Africa, Ghana’s economy and political environment are relatively stable, which is consequently encouraging the expansion of mining companies and suppliers into the West African country, says electric motors and drives supplier Zest WEG Group. “Zest WEG Group has been... 

80 000 mineworkers participate in TB study

By: David D‘ Oliveira Public-benefit organisation the Aurum Institute has conducted a study involving 80 000 South African mineworkers at 20 different mineshafts owned by gold majors AngloGold Ashanti, Goldfields and Harmony Gold, aimed at disrupting the transmission of tuberculosis (TB) in mines through mass... 

Companies sell ETFs as gold underperforms

By: David D‘ Oliveira The international gold exchange-traded fund (ETF) market is suffering, owing to the poor performance of the gold price in 2013, South Africa-based investment banking division of Barclays Africa exchange traded products head Vladimir Nedeljkovic tells Mining Weekly. He says that while gold ETFs in... 

Gold supply declining despite increased demand in 2013

By: David D‘ Oliveira A drop in gold recycling and limited production growth by mining companies were the main contributors to the drop in supply of the precious metal during 2013, says professional service firm KPMG gold commodity lead partner Daniel Hooijer. “While gold prices hit record highs during 2012, we... 

Gold supply declining despite increased demand in 2013
Photo by Bloomberg
WORKFORCE Mineworkers in South Africa impact significantly on the longevity of mines and other micro-businesses supporting mining activities

Manufacturer installs fixed cargo crane at Sukari gold mine in Egypt

Liebherr installs a Fixed Cargo Crane at the Sukari Goldmine in Egypt. A Liebherr Fixed Cargo Crane (FCC 230) has been put into operation for the Australian mining company  “Centamin” at the Sukari Goldmine in Egypt. Following the signing of the contract with the gold producer in August 2012 and... 

Manufacturer installs fixed cargo crane at Sukari gold mine in Egypt

Proposed gold sector strike unprotected by Labour Court

By: David D‘ Oliveira The Association of Metalworkers and Construction Union (AMCU) will appear in court next month to appeal the judgment that declared the union’s planned gold sector strike unprotected. The judgment was handed down on January 20 by Judge Edwin Malahlegi, on behalf of Judge Hamilton Cele, who said... 

Slipping productivity threatens SA gold sector

By: David D‘ Oliveira Despite the general increase in the dollar and the rand gold price over the last year, the South African gold sector will continue to struggle against competitive gold-mining nations like Australia, Canada and China, unless it can resolve its productivity challenges, says engineering consultancy... 

Development continues at Harmony Gold’s Hidden Valley, despite setbacks

By: Zandile Mavuso Development at JSE-listed gold mining major Harmony Gold’s first offshore greenfield project, Hidden Valley, continues to present challenges because of its remote location and lack of infrastructure, according to the company’s yearly integrated report for 2013; however, Harmony notes that major... 

Development continues at  Harmony Gold’s Hidden Valley,  despite setbacks
OFFSHORE GREENFIELD PROJECT Hidden Valley generated a revenue of R1 163-million for the 2012/13 financial year, with total cash operating costs, after silver credits, of R309 230/kg

Harmony Gold produces 1.14-million ounces across all operations

By: Zandile Mavuso JSE-listed gold mining major Harmony Gold produced 1.14-million ounces of gold in the 2013 financial year and at year-end will have employed close to 36 000 people, including about 6 000 contractors, mostly in South Africa 

Harmony Gold produces 1.14-million ounces across all operations
HIDDEN VALLEY GOLD OPERATION Major capital projects are under way to increase mill throughput to an initial 4.7-million tons a year – these include installing an upgraded crusher, upgraded oxygen plant, reconfiguring tankage and increasing interstage screen capacity and raw water filtration

Harmony Gold registers positive fatality rate for 2013

By: Zandile Mavuso JSE-listed gold mining major Harmony Gold has recorded a fatality rate of 0.03 per million hours worked across all operations, meeting its safety management and performance targets for 2013, says Harmony Gold CEO Graham Briggs. 

Harmony Gold registers positive fatality rate  for 2013
GOOD SAFETY RECORD Kalgold received a special safety award from the Association of Mine Managers of South Africa for achieving 2.5-million fatality-free shifts during the year

Kibali will succeed with continued cooperation from all stakeholders, says Bristow

By: Pimani Baloyi Nurturing the positive relations that have already been established among all relevant stakeholders of Africa-focused mining company Randgold Resource’s Kibali gold mining project, in the Democratic Republic of Congo (DRC), is the next step in maintaining the mine’s current success, says Randgold... 

Randgold Resources’ Kibali mine could turn DRC’s Orientale into the next Katanga

By: Pimani Baloyi Newly established gold mining project Kibali – a standalone investment by mining major Randgold Resources – situated in the Democratic Republic of Congo’s (DRC’s) Orientale province – has the potential to significantly boost the local economy, says strategy and communications consulting firm... 

African resources benefit mining projects

Explosives technology and initiating systems supplier AEL Mining Services reports that gold mining companies operating in African countries can benefit from using local labour, and manufacturing products and infrastructure on site. “Using local skills in mining projects across Africa can have... 

Chamber of Mines speaks positively about gold wage negotiations  

By: Carina Borralho The Chamber of Mines (CoM) is approaching the gold wage negotiations with a positive and constructive attitude, senior executive of employment relations Dr Elize Strydom tells Mining Weekly, adding that the prenegotiation workshop, held on July 8, was productive and constructive. The gold wage... 

Commodities contribute to sustainable growth in Africa

Africa has some of the world’s fastest-growing economies but is still the continent with the lowest per capita gross domestic product (GDP), research firm IntierraRMG found in its ‘State of the Market’ report. In the first decade of this century, all ten of the fastest-growing economies in the... 

Company supplies construction material for gold mines

Concrete products manufacturer and supplier Technicrete reports that its hydraulic hardening construction material HT33 grout, used for box fronts in the gold mining industry is a cost-effective way of improving production and safety. “Mining activities that are conducted above or below ground,... 

Counterfeit metal detector shuts down makeshift factory

Gold detection technology and hand-held metal detector devices manufacturer Minelab reports that its Stop Counterfeits campaign, has proven successful. The company cites an incident which took place in Dubai, where counterfeit Minelab products, with a potential market value of $1.6-million were... 

Gold mining affects mineworkers’ health

By: Carina Borralho Health and safety company Boletshe Trading Enterprise, a 100% black-owned outfit, states that the gold mining industry may cause health hazards for mineworkers and its surrounding communities, as a result of the short-term effects of gold mining exposure. Boletshe Trading Enterprise principal... 

Gold mining region in Mozambique produces high levels of mercury

In 2007 an evaluation, published by international pollution prevention not-for-profit company Blacksmith Institute, reported that the Manica gold mining region in Mozambique had high mercury emissions, which were harmful to the mineworkers and communities in the area. One of the company’s... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 13.16Change: -0.12
R/$ = 11.75Change: -0.06
Au 1205.66 $/ozChange: -3.69
Pt 1191.50 $/ozChange: 1.00
 
Subscribe Now for $96
Subscribe Now for $96 Close