Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.
This week:
Gold Fields is sustainable at a gold price of $1 300.
A new limestone mine gets under way to supply a cement producer in 2014.
And, mine safety needs a step change to attain its zero harm goal.
For the three months ended September 30, JSE-listed Gold Fields managed to reduce its all-in sustaining costs by 23% quarter-on-quarter, to $1 089/oz, which put the company in a sustainable business position at a gold price of $1 300/oz, said CEO Nick Holland.
Gold Fields CEO Nick Holland
A new limestone operation that will supply JSE-listed cement producer Sephaku is scheduled to get under way early in the New Year near Lichtenburg, in the North West.
Sephaku Holdings CEO Dr Lelau Mohuba
A step change is needed in the safety performance of the South African mining industry if it is to attain its zero harm goal before 2040.
Chamber of Mines of South Africa head: safety and sustainable
For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.