Daily podcast – February 18, 2009

In today's podcast: Kumba Iron Ore is in strategic discussions with Transnet on the possible creation of a public private partnership; and AngloGold Ashanti agrees to sell its Tau Lekoa mine and adjacent projects to smaller rival Simmer & Jack Mines.

Cigar Lake uranium mine, Canada

The project will entail the construction of a uranium mine.

'Too early too tell' cause or effect of latest Cigar Lake setback – Cameco's Grandey

Cameco Corporation CEO Jerry Grandey determinedly refused to hazard any guesses on Wednesday about what had caused the sudden rapid inflow of water into the beleaguered Cigar Lake project that forced the company to halt pumping and repair work...

Cameco halts repairs at Cigar Lake after water inflow accelerates

The world's biggest uranium miner, Canada's Cameco, has temporarily halted remediation work at the number one shaft at the Cigar Lake project, in Saskatchewan, after an increase in the water flowing into the mine. The company received approval to...

Cigar Lake uranium mine, Canada

The project will entail the construction of a uranium mine.

Cameco gets go-ahead to start dewatering Cigar Lake

The world's biggest uranium miner, Cameco, will start pumping water out of its Cigar Lake project, in Saskatchewan, Canada, this week, after receiving approval from the Canadian Nuclear Safety Commission (CNSC) and the relevant provincial...

Cigar Lake on track, ready for dewatering - Cameco

The world's biggest uranium producer, Cameco, has submitted all the necessary documents to the Canadian Nuclear Safety Commission, and is now awaiting the go ahead to begin pumping water out of the giant Cigar Lake project, in Saskatchewan....

Hard coking coal heading for record price, say analysts

The price of hard coking coal is set to rise to a record in 2008 after two years of declines, adding to pressure on steelmakers’ raw-material costs, analysts have said.

Costs to offset higher metals prices in upcoming gold quarterlies

Gold mining analysts canvassed this week by Mining Weekly Online expected the benefit of the higher gold price during the quarter to be offset by general cost increases for miners. Wage increases agreed on with labour during the quarter, a power...

De Beers in new HQ restructuring - report

Gareth Penny, De Beers’ managing director, has announced a reorganisation at its corporate operations in South Africa that will involve redundancies, PolishedPrices reports.

De Beers, Alrosa build exploration relationship as sales agreement nears end

The world's largest diamond-mining company, De Beers, has signed a memorandum of understanding (MoU) with Russia's gem firm, Alrosa, to examine opportunities for carrying out joint diamond prospecting and exploration activities in Russia and other...

DTC response to Surat flooding

De Beers' Diamond Trading Company (DTC) has informed customers, or sightholders, that if they are impacted by the recent flooding in India's manufacturing hub Surat and want to defer goods, they may do so.