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Van Niekerk denies DMC allegations of intellectual property theft

By: Creamer Media Reporter Heine van Niekerk, the former CEO of Delta Mining Consolidated (DMC), has denied claims of intellectual property theft from the South Africa-based coal exploration company. DMC and Aim-listed Sable, which holds a majority stake in DMC, stated last week that Van Niekerk was dismissed, following... 

Exploration company acquires 70% stake in Limpopo prospecting rights

Aim-listed resources company Sable Mining Africa announced a positive update on the Springbok Flats coal project, in the Limpopo province, in South Africa.  

Study demonstrates economic viability of coal project in South Africa

Aim-listed resource company Sable Mining Africa reports that the bankable feasibility study (BFS) on exploration and mining company Delta Mining Consolidated’s (DMC’s) Rietkuil coal project, in South Africa, supports the viability of an openpit coal mining operation. 

Sable granted mining rights for Mpumalanga coal project

By: Megan Wait Aim-listed Sable Mining Africa has been awarded a mining right for its flaghsip Rietkuil coal project, by the South African Department of Minerals and Energy. The granting of the right is the next step in the development of a mine at Rietkuil, which is being designed to process 3-million tons a... 

London Mining sells remaining stake in DMC

By: Chanel de Bruyn Aim-listed London Mining has agreed to sell its 27,5% stake in Delta Mining Consolidated (DMC) to resources investment company Sable Mining for $40-million in cash and shares. Sable already held a 72,5% stake in DMC, which held an interest in a number of Southern African iron-ore and coal... 

Sable Mining acquires additional stake in DMC

By: Loni Prinsloo Aim-listed resource investment company Sable Mining on Thursday announced that it would acquire a further 36,5% of South African-based exploration and mining company Delta Mining Consolidated (DMC). Sable Mining CEO Andrew Groves said that DMC owned world-class coal assets in proven mining... 

Pamodzi Gold gets R7,5m for water pumping Liberia clears Delta of impropriety, iron-ore trades on exchange for first time

By: Martin Creamer The South African government’s Department of Minerals and Energy (DME) last week deposited R7,5-million into the account of the provisionally liquidated Pamodzi Gold East Rand to enable it to fight off the dangerous rising water onslaught at the Grootvlei gold mine. 

Delta to bid for Liberian iron-ore after cleared of impropriety allegations

By: Chanel de Bruyn Diversified South African exploration and mining company Delta Mining Consolidated (DMC) was “actively looking” at a number of investment opportunities in Liberia, now that the country’s government had cleared its name of allegations of bidding impropriety. DMC had taken legal action against the... 

BHP Billiton investing, maintaining volumes, new Barrick CEO sees ‘exciting’ time for gold, Delta sues Liberia govt over iron-ore concession

By: Martin Creamer The world’s largest mining company, BHP Billiton, is proving exemplary, even during the worst global financial meltdown since the 1930s. Read on page 4 of this edition of Mining Weekly that BHP Billiton is maintaining its sales volumes and continuing to invest. 

Delta sues Liberia govt over iron-ore concession

By: Liezel Hill Diversified resources firm Delta Mining Consolidated is taking legal action against the government of Liberia, challenging the State's decision not to award a $1,6-billion iron-ore concession to the company, despite having earlier declared it the provisional winner. Delta has launched an... 

Liberia ordered to halt iron-ore rebidding process pending review – Delta

By: Chanel de Bruyn The Liberian Public Procurement and Concessions (PPC) Commission has ordered the government to halt all action in the rebidding of the Western Cluster iron-ore project pending the completion of a review, diversified mining and exploration group Delta Mining Consolidated said on Wednesday. This... 

Anglo says Africa is now where China was in 70s, Liberia still silent on iron-ore 'disqualification', some cash-crunched miners taking royalty route

By: Martin Creamer Africa is now at the stage where China was in the seventies – ripe for investment and poised for attractive investment returns, says Anglo American South Africa head Kuseni Dlamini on page 22 of this edition of Mining Weekly. 

Liberia still silent on iron-ore ‘disqualification’ – Delta Mining

By: Martin Creamer South Africa’s diversified resources company Delta Mining Consolidated was still waiting for formal notification of its Liberian iron-ore disqualification, the company said on Thursday. 

Liberia excludes South African bidder, concern over Charter review, DRC mine-rights deadline approaches

By: Martin Creamer Diversified South African exploration and mining company Delta Mining Consolidated (DMC) has been arbitrarily excluded from an iron-ore opportunity in Liberia for which it appeared to be the frontrunner. 

Delta to contest Liberia iron-ore exclusion – CEO

By: Martin Creamer Diversified South African exploration and mining company Delta Mining Consolidated (DMC) would contest any exclusion from iron-ore development in Liberia, DMC CEO Heine van Niekerk said on Tuesday. Van Niekerk was responding to a Reuters report that the Liberian government had on Monday... 

London Mining enters SA coal market with $120m acquisition

By: Chanel de Bruyn UK-based London Mining on Friday announced that it had expanded into the coal industry by signing an agreement with diversified exploration and mining company Delta Mining Consolidated (DMC), to acquire up to 50,5% of DMCs subsidiary, DMC Energy, for up to $120-million. "This acquisition will... 

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