IT problems delay SA’s May mining production report

Statistics South Africa (Stats SA) has delayed the release of the May mining production and sales statistics, after the Department of Mineral Resources (DMR) experienced IT problems. The report was originally scheduled for release on July 8.

South Africa has opportunity to become mining finance centre for Africa, says Xstrata CEO Mick Davis

South Africa has an opportunity to become a centre of mining finance for Africa as the continent becomes the world’s next major producer of copper and cobalt, says Xstrata CEO Mick Davis. Davis, who addressed the Wits Business School, says that...

Daily podcast – March 31, 2010

ArcelorMittal South Africa begins the dispute resolution process with Kumba Iron Ore; and Lonmin Platinum has again been forced to shut down its number-one furnace.

Mining Summit closed to public to allow robust debate – spokesperson

The mining summit is closed to the public to ensure robust debate, Department of Mineral Resources spokesperson Jeremy Michaels says. This is in sharp contrast to the 2008 Mining Summit that was fully transparent. Michaels reports that the...

Daily podcast – March 19, 2010

The iron-ore mineral right that ArcelorMittal South Africa "lost" at the Sishen iron-ore mine has been awarded to Imperial Crown Trading 289; and De Beers will seek expressions of interest from potential buyers for its Jagersfontein property in...

Little-known Imperial Crown gets ‘lost' iron-ore right

The iron-ore mineral right that ArcelorMittal South Africa "lost" at the Sishen iron-ore mine has been awarded to Imperial Crown Trading 289, the Department of Mineral Resources (DMR) said on Thursday. DMR spokesperson Jeremy Michaels told Mining...

‘Lost' Sishen right granted to ‘third party', a surprised KIO tells market

JSE-listed iron-ore miner Kumba Iron Ore (KIO) has been informed by the Department of Mineral Resources (DMR) that the 21,4% share in the Sishen mine that was reportedly "lost" by ArcelorMittal South Africa had been granted to a "third party". The...

SIOC reportedly not the lone applicant for ‘lost' Sishen right

The Sishen Iron Ore Company (SIOC) is reportedly not the only mining company to have applied to the Department of Mineral Resources (DMR) for the 21,4% undivided share of the Sishen iron-ore mine, which has reportedly been forfeited by JSE-listed...

SA Department of Mineral Resources still mum on Sishen mine rights

A full week after Sishen Iron Ore Company (SIOC) announced the cancellation of a cost plus 3% iron-ore supply agreement with ArcelorMittal South Africa regarding material produced at the Sishen mine, and the Department of Mineral Resources (DMR)...

Govt, business, labour agree to March mining summit

Government, business and labour agreed at the weekend to position South Africa's mining industry for "sustainable growth and meaningful transformation" at a mining summit to be held in March, the Department of Mineral Resources (DMR) said in a...

SA courts now recognise illegal mining as organised crime

Since the first gold discovery on the Witwatersrand in 1886, the promise of gold has drawn fortune-seekers to the interior of South Africa. More recently, as individuals struggle to find legal employment, what is now being termed ‘criminal...

Illegal mining now recognised as organised crime by South African courts

Since the first glinting discovery on the Witwatersrand in 1886, the promise of gold has drawn fortune-seekers to the interior of South Africa. More recently, as individuals struggle to find legal employment, what is now being termed ‘criminal...