Development Bank Of Southern Africa
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Frischgewaagd-Ledig platinum project, South Africa
The development activities aimed at transforming the Frischgewaag-Ledig project into the next major platinum-group metals mine are under way.
By: Lisete Bigala
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...
By: Loni Prinsloo
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.By: Oscar Nkala
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...By: Petronel Smit
2nd February 2011
Mine Profile
Blue Ridge mine, South Africa
A 4E PGM mine, situated in South Africa
By: Celest Smith
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
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Burnstone gold project, South Africa
The proposed project will involve the construction of a new gold mine on a relatively shallow but marginal prospect of the Witwatersrand basin.
By: Tamsyn Graumann
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...By: Loni Prinsloo
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.
By: Loni Prinsloo
9th October 2009
PLATINUM
Wesizwe delays Frischgewaagd mine development
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...
By: Mariaan Webb
30th September 2009
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