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:
The first coal from Elandspruit is expected next year.
Transnet Freight Rail sees its new Swazi link raising coal export capacity to 120-million tons a year.
And, the ‘hot spot’ Ivory Coast may host Randgold’s next new mine.
Junior coal miner Wescoal expects to produce the first coal from its recently acquired Elandspruit asset, in Mpumalanga, in January next year, putting the company on track to meet its target of producing four-million tons of coal a year by 2016, says CEO Andre Bojé.
Wescoal CEO Andre Bojé
Transnet Freight Rail CEO Siyabonga Gama reported that the feasibility study into a proposed rail link through Swaziland is at an advanced stage and that a business case should be presented for approval by the end of December.
Transnet Freight Rail CEO Siyabonga Gama
Under-explored Ivory Coast, which has just introduced what is seen as the most investor-friendly mining code in Africa, may become the site of the sixth mine that the London- and Nasdaq-listed Randgold Resources will build on the continent.
Randgold Resources CEO Dr Mark Bristow
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