Lynas on track to start Malaysia plant in June

Lynas Corp Ltd said on Thursday it was on track to start up its rare earths plant in Malaysia next month after an official in the country called it "the safest rare earths plant in the world." The plant in Kuantan on the east coast of Malaysia,...

Company Announcement: Industrial minerals JV with Energizer Resources

Malagasy Minerals Industrial Minerals JV with Canada’s Energizer Resources Inc POTENTIAL GRAPHITE CAMP DISCOVERY Malagasy Minerals Limited (“Malagasy”) (ASX: MGY) advises that its Joint Venture Partner Energizer Resources Inc of Canada has...

Mining Weekly wins digital publishing award

Creamer Media publication Mining Weekly has come out tops in the business category of the inaugural Digital Media Publishing Awards. Its miningweekly.com website was judged to have the best content offering of South Africa’s business-news...

Merafe gives equity raising a miss, keeps Lion Two stake at 20.5%

The black-owned JSE-listed ferrochrome company Merafe is giving equity raising a wide berth and opting to stick with a 20.5% stake in Xstrata’s Lion Two expansion at this stage, for which it must fork out R1-billion.

AngloGold urges quick silicosis redress, lawyer says less dust will cut incidence, RBC eases $100bn implied-damage sum

South Africa’s largest gold miner is urging quick action on a compensation structure for silicosis sufferers; a lawyer says that the cutting of dust levels to 0,1mg/mm2 will reduce the rising silicosis problem;and analysts have backtracked on...

Old gold fundamentals are ‘passé’, Gold One bids for Rand Uranium, Sentula-Shanduka coal twinning

The old gold-price dynamics of “jewellery and Indian wedding seasons” are passé, forget about them, says Barrick founder Peter Munk; Gold One has made a binding $250-million cash offer for Rand Uranium;Cyril Ramaphosa’s Shanduka is buying...

Gold may soar if US recovery fails, gold accessible from paid-for shafts, DRDGold to sell control of Blyvoor

The gold price could breach $2 000/oz by 2012/13, if a US economic recovery is not realised, says mining analyst Rene Hochreiter; 50-million ounces of Gold Fields’ South African gold can be accessed from current paid-for infrastructure; and...

Anglo American planning $4,8bn S African capex, cash-gushing AngloGold set for new-era liftoff, Gold Fields’ five new concurrent gold projects

Mining titan Anglo American plans to invest $4,8-billion in South Africa and will be the first to step up to the plate and help South African power generator Eskom with its coal needs; South African gold major AngloGold Ashanti is set for a...

South Africa's State mining company won't be privileged - Minister; Australia's minerals, energy capital spend hits record A$133bn; end of coal power in W Europe if carbon capture fails - IEA

The State mining company will be treated in the same way as any private-sector mining company is treated, Mineral Resources Minister Susan Shabangu says in a video interview.

AngloGold Ashanti’s new $700m Australian mine, BHP Billiton donates to Business Against Crime, Creamer Media launches African Mining Roundup

The Tropicana gold project in Australia - the first fruit of AngloGold Ashanti’s global exploration programme - has received the thumbs up. Read on page 12 of this edition of Mining Weekly of the view that this is already a tier-one asset in...

Absence of long power price path stops gold project, Gold Fields says mining industry facing ‘headwinds’, first gold poured at new Burnstone gold mine

New long-term electricity-intensive gold projects are being rendered unbankable in South Africa because of the uncertainty around the long-term electricity price path, says Harmony Gold CEO Graham Briggs.

Call for govt to usher in greater enabling environment, Russia and China combine to develop coal sources, rock-watch meters, ‘snake-eye’ cameras in safety drive

The South African government needs to put new emphasis on also enabling mining rather than only controlling it, says Coal of Africa Limited (CoAL) chairperson Richard Linnell. Read on page 12 of this edition of Mining Weekly of the dilemma in...