Yellowcake to top $80/lb by ’14 – Forsys boss

Namibia-focused uranium junior Forsys Metals on Thursday said it was rapidly advancing studies to consolidate its Valencia and Namibplaas landholdings to potentially develop the world’s next significant uranium mine. The Toronto-, Frankfurt-...

Company Announcement: AngloGold First Quarter Earnings Double To $429m, approves $1.9bn Growth Projects

AngloGold Ashanti posted first-quarter adjusted headline earnings of $429m, more than double the same period a year earlier, and approved the development of three growth projects.

Skills shortage continues to plague mining sector

One of the most significant challenges facing the global mining fraternity is the continued skills shortage.

SRK preparing for surging African demand

The wellspring of one of the world’s largest mining-focused professional practices – SRK Consulting South Africa – is preparing itself for an exponential increase in demand from the continent of Africa, where it has operated highly...

No drilling slowdown as Major struggles to keep pace

Major Drilling, which reported a record C$31.6-million profit for three months to October 31 this week, said on Tuesday the company could not keep up with demand, despite the market volatility. “Our industry has not shown any signs of a...

Hemisphere announces new appointments

ASX-listed Southern Hemisphere Mining has appointed David Craig as nonexecutive chairperson, and Dr John Tarrant as a nonexecutive director, effective from June 1. Craig joined the company as a nonexecutive director in November 2009, and assumes...

The race is on for Africa’s mining resources

As financial confidence returns to the global mining sector, many Australian and Chinese mining companies and investors, besides others, are showing renewed interest in Africa and are actively pursuing mining projects and investments.

South Africa's $2,5T minerals offer 90-year horizon – Abedian

South Africa's world-beating $2,5-trillion minerals treasure chest is currently presenting the country with an 80-year to 90-year window of opportunity to develop a spread of wealth-creating mining-industry linkages that have the potential to make...

Company Announcement: Sirius Resources Appoints Terry Grammer as a Non-Executive Director

Attached please find a press release on: Australian mineral exploration company Sirius Resources (ASX: SIR) is pleased to announce the appointment of experienced geologist and mining executive, Mr Terry Grammer, to its Board as a Non-executive...

Company Announcement: Itec North Wins International Colour Award

Attached please find a press release on: Itec North beat 81 colour dealers to win the Konica Minolta Business Technologies International Colour Champions League 2008/9 award for the Asia, Africa and Central and South America region.

Research and development aimed at product improvement

Valve manufacturing and distribution company Glenvalve, part of the West Rand Engineering (WRE) group, has initiated a research and development programme that will improve the company’s product offering to the mining.

Gold Fields widens its exploration net to meet output growth target

Gold major Gold Fields is looking for additional reserves of the yellow metal in new areas of the globe, as it strives to meet its stated target of adding 1,5-million ounces a year of new gold production by 2009, the company said on Tuesday. Gold...