Zincor closure bodes well for zinc industry’s future

The closure of diversified miner Exxaro Resource’s Zincor, South Africa’s only zinc refinery, at the end of 2011 has generated significant international interest and movement in the zinc industry, says International Zinc Association South...

Exxaro closes zinc refinery as it starts divestment from base metals

Hours after announcing the closure of its Gauteng Zincor refinery – a first step in its overall divestment away from base metals, diversified miner Exxaro reports the capital outlay that was funding its base metals projects will now be spread...

Exxaro announces planned closure of Zincor, warns of job losses

Diversified mining group Exxaro warned of job losses on Friday, as it announced that the Zincor refinery in Gauteng would close by the end of September. Exxaro would permanently cease production of zinc at the refinery in Springs, as it had...

Anglo getting 'strong interest' for assets on the chopping block

Multi-product miner Anglo American said on Tuesday it has received “strong interest across the board” in its non-core asset divestment announced in October. There had been a particularly keen attraction to its zinc assets. Said spokesperson...

Chinese mining majors reportedly eyeing noncore Anglo assets

China’s largest iron and steel trader, China Minmetals Corporation, which is also a major mining group, was last week reported by China Daily to be interested in buying the zinc assets of Anglo American plc. Another journal, the Chinese-language...

Anglo to sell Scaw, restructures management

Diversified mining company Anglo American will sell noncore assets, including Scaw Metals, to focus on its core mining activities, the group announced on Thursday, when it also revealed a management reorganisation, which will see three executives...

Zincor resumes operations, full output expected next week – Exxaro

South African diversified miner Exxaro said on Friday that it expected its Zincor refinery, in Springs, to be back to full production by the end of next week. Speaking to Mining Weekly Online, Exxaro executive GM for mineral sands Trevor Arran...

Exxaro suspends operations at SA zinc refinery after fatal blast

South African diversified-miner Exxaro Resources has suspended operations at its Zincor refinery in Springs, Gauteng, after an explosion killed three people and left 12 injured on Thursday. Exxaro said operations were halted to allow for...

Mining rights a big issue for us, says Sipho Nkosi

Mining rights continue to be a big issue for Exxaro Resources, says CEO Sipho Nkosi. Nkosi says that Exxaro has had discussions this year with the Department of Minerals and Energy (DME) and new applications have also been made to the DME....

Exxaro expects full-year earnings of between R1,35bn and R1,5bn

Diversified resources group Exxaro Resources expects to report earnings and headline earnings of between R1,36-billion and R1,5-billion when it publishes full-year results later this month.

Coal giants keep home fires burning

Creamer Media's Research Channel Africa reports that the main participants in the South African coal industry produce more than 10-million tons of coal a year.

Salt River base-minerals project, South Africa

The reported mineral resource at Salt River base-minerals project is an indicated resource of 42,5-million tons, at 1,57% Cu equivalent grade.