Resources Watch

31st July 2014 By: Creamer Media Reporter

Resources Watch

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:
Mining project studies are on the increase.
Kumba’s cash return to black shareholding is now at an astounding R23-billion.
And, a metals mine will implement a new planning solutions system.

The awarding of studies for potential mining projects is on the increase, says DRA CEO Paul Thomson, who spoke to Mining Weekly Online on the eve of his company’s thirtieth anniversary celebrations.

DRA CEO Paul Thomson

The cash return of Anglo American’s Kumba Iron Ore to its black shareholding since Kumba’s listing on the Johannesburg Stock Exchange in 2006 has risen to R23.5-billion.

Kumba CEO Norman Mbazima

Mine planning and engineering consultancy Ukwazi Group is working with mining major Anglo American Kumba Iron Ore to implement the new Open Pit Metals Solution software system at Kumba’s Kolomela mine, in Postmasburg, in the Northern Cape.

Ukwazi director and principal engineer Jaco Lotheringen

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