Morocco office to enable ground-level support

International legal practice Norton Rose Group is confident that its fifth African office opened in Casablanca, Morocco in October last year, will strengthen its African footprint.

Forbes secures R230m loan for SA coal expansion

JSE- and TSX-listed Forbes Coal, which aims to triple production over the next three years, has secured a R230-million loan facility from investment and private banking group Investec. The loan facility, which it secured through its subsidiary...

SA mining output up 12.4% in April

outh African mining output rebounded strongly in April, rising by 12.4% year-on-year, after contracting 1.4% in the previous month, a report by Statistics South Africa showed on Thursday. Year-to-date production increased by 5.2%, mainly...

SA mining output growth slows to 2,8%

South African mining production increased by a marginal 0,3% in February, following a 0,9% decline in January, rising for the ninth consecutive month on an annual basis, Statistics South Africa (Stats SA) reported on Thursday. Stats SA’s mining...

SA’s mining output growth slows to 4,3%

Total mining production growth slowed to 4,3% year-on-year in January, from a downwardly revised growth of 10,2% in December, official data showed on Thursday. Investec economist Kgotso Radira said that the slower growth was in line with...

SA mining production shows continued recovery in November

South African mining production continued its recovery in November after a sharp contraction during the second quarter of 2010, increasing by 9,6% year-on-year, official data showed on Tuesday. Mining production declined by 7,7% in May and...

SA mining production up 12% in Sept – Stats SA

South Africa’s overall mining production achieved its second-highest increase for this year in September, growing by 12,1% year-on-year. Data released by Statistics South Africa (Stats SA) on Thursday revealed that platinum-group metals (PGMs)...

BHP Billiton's Southern African aluminium smelters going ex-growth?

Southern Africa's aluminium smelters appear to be heading for an ex-growth future. BHP Billiton CEO Marius Kloppers, who has announced a 16%-higher $12,5-billion profit for the world's largest mining company in the 12 months to June 30, indicates...

South Africa's Q2 mining output drops 6,7%

South Africa's mining production dropped for the second successive month in a row, mainly owing to declines in the platinum group metals (PGMs) market, official data showed on Thursday. Statistics South Africa's latest report, which was delayed...

South Africa’s diamond, manganese output doubles

South Africa’s mining output increased by 2,7% year-on-year in April, recording its fourth consecutive month of growth, but gold production fell by 6,2%, Statistics South Africa (Stats SA) reported on Thursday. South Africa had been the...

SA mining output rises 11%, fastest pace in 6 years

South African mining production has shown the highest growth rate since March 2004, last month, Statistics South Africa reported on Thursday. Total mining production grew by 11% year-on-year in March, marking a third successive year-on-year...

PMGs producer secures R400-m revolving credit facility

Emerging platinum-group metals (PGMs) producer Platmin has entered into a R400-million revolving credit facility with specialist banking group Investec for working capital purposes. The facility will carry an interest rate of the Johannesburg...