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Development Bank Of Southern Africa
 
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Frischgewaagd-Ledig platinum project, South Africa Restricted

The development activities aimed at transforming the Frischgewaag-Ledig project into the next major platinum-group metals mine are under way.
24th February 2012
 
DIAMONDS

Alexkor explores new opportunities as it posts R84m profit

State diamond miner Alexkor has reached a turning point, CEO Khetiwe McClain said on Monday, as the company reported its first operating profit in five years. The South African miner, whose land and mining rights have been transferred to the...
19th September 2011
 
COAL – 2

Zim colliery looking for $180m to ‘retool’ mining, metallurgical operations

Zimbabwe's Hwange Colliery Company Limited (HCCL) says it is searching for joint venture partners or financial institutions to put up at least US$180-million for the "retooling" of opencast, underground and metallurgical operations.
16th September 2011
 
PLATINUM

Aquarius suspends Blue Ridge funding, ups stake in tailings operation

Midtier platinum miner Aquarius has suspended funding for the jointly-owned Blue Ridge platinum mine, because of low platinum-group metals (PGMs) rand prices, the ASX-, LSE- and JSE-listed company announced on Wednesday. The suspension of the...
1st June 2011
 
MINING FINANCE

$110m Africa-focused mining fund launched

African and international institutions have committed up to $110-million in junior venture capital through the second New Africa Mining Fund (NAMF II) at the first closing on January 31. The Africa-focused capital fund, which was launched on...
2nd February 2011
 
Mine Profile

Blue Ridge mine, South Africa

A 4E PGM mine, situated in South Africa
22nd October 2010
 
APPOINTMENTS

Implats appoints two new directors

South African miner Impala Platinum has appointed Mandla Gantsho and Babalwa Ngonyama to join its as nonexecutive directors from November 1. Gantsho, who was previously CEO, MD and CFO of the Development Bank of Southern Africa, is a chartered...
6th October 2010
 
PEOPLE

Merafe appoints new finance chief

JSE-listed ferrochrome producer Merafe Resources has appointed Joyce Matlala to take up the position of CFO from October 1. Matlala is succeeding Stuart Elliot, who took over as CEO, when Steven Phiri stepped down.
31st May 2010
 
All

Burnstone gold project, South Africa Restricted

The proposed project will involve the construction of a new gold mine on a relatively shallow but marginal prospect of the Witwatersrand basin.
21st May 2010
 
POLLUTION CONTROL

Clashing views on how treated mine water should be used

Acid mine drainage (AMD) and, more specifically, a solution to AMD, have developed into a hot debate since the first decant of this toxic water became evident in 2002. AMD has been described as one of the most serious and potentially enduring...
9th October 2009
 
POLLUTION CONTROL

Clashing views on how treated mine water should be used

Acid mine drainage (AMD), and more specifically, a solution to AMD, has develop into a hot debate since the first decant of this toxic water became evident in 2002.
9th October 2009
 
PLATINUM

Wesizwe delays Frischgewaagd mine development

Wesizwe CEO Michael Solomon South African platinum junior Wesizwe has delayed the construction of its 350 000 oz/y Frischgewaagd-Ledig project, until market conditions improve and it could obtain sufficient funding for construction. The JSE-listed company initially planned...
30th September 2009
 
 
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