http://www.miningweekly.com

Global Mining News in real time

Aberrant production practice rearing its head in mining, says security executive

By: Jonathan Faurie A new aberrant production practice is rearing its head in mining, says the executive of a security company. 

Aberrant production practice rearing its head in mining, says security executive

By: Jonathan Faurie A new aberrant production practice is rearing its head in mining, says the executive of a security company. The new mining malaise allegedly comes in the form of the irregular creation of undisclosed production streams that benefit insiders. 

Mines can't absolve responsibility for AMD – De Lange 

By: Sapa National Assembly water and environmental affairs committee chairman Johnny de Lange on Tuesday warned mining companies they could not simply absolve themselves of responsibility for acid mine drainage (AMD). 

Ongoing vigilance key to resolving illegal mining issue

By: Jonathan Faurie The recent standoff between security staff and illegal miners at the Grootvlei gold mine in Springs has once again brought South Africa’s illegal mining issue to the fore.  

Ongoing vigilance key to resolving illegal mining issue

By: Jonathan Faurie The recent standoff between security staff and illegal miners at the Grootvlei gold mine, in Springs, has once again brought South Africa’s illegal mining issue to the fore. The year 2009 was a significant one as far as illegal mining was concerned, with no fewer than three mining companies... 

Advancing from junior miner to midtier to 'ten bagger' still SA rarity  

By: Martin Creamer Too few South African mining companies have been able to advance from the status of junior exploration companies to midtier miners and then successful return-givers to investors that could give them the status of being a ‘ten bagger’. A ‘ten bagger’ is a reference to an investment that is worth... 

Advancing from junior miner to midtier to ‘ten bagger’* still South African rarity

By: Martin Creamer Too few South African mining companies have been able to advance from the status of junior exploration companies, to mid-tier miners and then successful return-givers to investors that could give them the status of being a ‘ten bagger’.  

Illegal mining: SA govt draws the line as investors grow restless

By: Jonathan Faurie Since the end of 2008, reports of illegal mining at top producing South African operations have become more frequent. In an effort to settle the fears of international investors, South African President Jacob Zuma brought the issue of illegal mining to a head in London during this month’s State... 

Illegal Mining: Govt draws the line as investors grow restless

By: Jonathan Faurie Since the end of 2008, reports of illegal mining at top producing South African operations have become more frequent. 

SA miners get subsidy to treat acid-mine drainage

By: Loni Prinsloo South Africa's Department of Water Affairs (DWA) announced on Thursday that it had made a R6,9-million subsidy available to assist the mines with the toxic tide of acid mine drainage (AMD) currently decanting in the west rand of Johannesburg. Speaking at a media gathering at Rand Uranium's... 

Rand Uranium plans R3,5bn uranium processing plant

By: Jade Davenport South African junior miner Rand Uranium has announced that it will invest R3,5-billion in the construction of a new uranium processing plant. 

Urgent decisions necessary to avoid environmental consequences

By: Loni Prinsloo With the relentless downpour of rain experienced across Gauteng during the past couple of months, mines in the area have been battling to keep the toxic tide of acid mine drainage (AMD) beneath surface. 

Two workers killed at Rand Uranium mine

By: Loni Prinsloo South African junior miner Rand Uranium on Tuesday confirmed a fall-of-ground accident at its Cooke 1 underground mine, which led to the death of two miners. The company told Mining Weekly Online that the cause of the accident had not yet been determined, and that investigations had been taking... 

Daily podcast – February 4, 2010

By: Shannon de Ryhove Rand Uranium will invest R3,5-billion on a new uranium processing plant; and Rio Tinto is positive about its Murowa diamond operation in Zimbabwe. 

Rand Uranium plans R3,5bn uranium processing plant

By: Jade Davenport South African junior miner Rand Uranium has announced that it will invest R3,5-billion in the construction of a new uranium processing plant. CEO John Munro said at the Mining Indaba that the processing plant would be located on the West Rand near its Cooke operations. The announcement of the... 

Rand Uranium defends underground food ban

By: Esmarie Swanepoel South African miner Rand Uranium on Monday defended its decision to implement an underground food ban, saying the strategy had proved to be “very successful” in combating illegal mining at its operations. The company was responding to the United Association of South Africa’s (Uasa’s) threat to... 

Crisis, yes, but it can deliver benefits – Rand Uranium

By: Irma Venter Uranium production is still alive and well in South Africa – but don’t expect eager bankers hovering anywhere near the mine gates. “The challenge is not finding uranium – the challenge is finding money. It is difficult to secure funding for any project at the moment,” says Rand Uranium CEO John... 

Crisis, yes, but it can deliver benefits – Rand Uranium

By: Irma Venter Uranium production is still alive and well in South Africa - but don’t expect eager bankers hovering anywhere near the mine gates. 

Real Economy Report

By: Irma Venter Commodities were big news in 2008 - first, their meteoric rise in price and demand, followed by their dramatic slump as the global economic crisis cooled uptake significantly. Looking back at 2008's ten most popular Real Economy Report mining stories, the usual suspects are all here, from a... 

Harmony output, costs both rose in Sept quarter

By: Chanel de Bruyn South African gold producer Harmony Gold remains bullish about the gold price for the quarter to end December, the company said on Friday. CEO Graham Briggs said during an investor presentation that the gold-miner expected to report a margin of R100 000/kg during the quarter. 

Real Economy Report

By: Creamer Media Reporter This is the Real Economy Report. Our top stories this week: Acsa's plan for the 2010 world cup, Eskom speaks to us about how it has gone about securing equipment for its two new coal-fired power stations and the possible spin-offs for South African industry and, Rand Uranium's CEO firms up... 

Eskom awards coal contract at Kusile, London Mining enters SA coal market, SA’s raw chrome ore exports ‘suicidal’

By: Martin Creamer State-owned power utility Eskom has signed a letter of intent with Anglo Coal South Africa to supply its new 4 818-MW Kusile coal-fired power station, formerly dubbed ‘Project Bravo’, with 17-million tons of coal a year over its 47-year life. 

Four-month-old Rand Uranium sees M&A opportunity in tougher uranium environment

By: Martin Creamer Rand Uranium CEO John Munro, only four months into the job, sees potential acquisition opportunities arising from current uranium-price softness. 

Newcomer Rand Uranium ready for price-induced acquisition opportunities

By: Martin Creamer Four-month-old Rand Uranium had prepared itself to take advantage of acquisition opportunities arising from current uranium-price softness, CEO John Munro said on Friday. Munro told Mining Weekly Online that uranium price decline had prompted some uranium players to seek exits. “We have got to... 

Newly established uranium-miner to inject $130m into Randfontein economy

By: Leandi Kolver Newly founded mining company Rand Uranium has set aside $130-million to stimulate the economy of Randfontein and the surrounding communities. 

Pure gold plays becoming scarcer, says Harmony Gold's Briggs

By: Martin Creamer Pure gold companies are scarce these days, says Harmony Gold CEO Graham Briggs - and they look set to become even scarcer. "We are one of the few," says Briggs. 

It’s Uranium Rand, say Pamodzi, Harmony of new uranium venture

By: Creamer Media Reporter The Pamodzi Resources Fund (PRF) and Harmony Gold last week announced the name of the new uranium venture, Rand Uranium. 

Mining Weekly relaunches website, new Rand Uanium plans to list, new Trans Kalahari rail line mooted

By: Martin Creamer Creamer Media has relaunched MiningWeekly.com to include a full-screen television option. “This is an exciting step for us,” says Creamer Media CEO Kenneth Creamer. “MiningWeekly.com represents the fulfilment of our vision to be a leading news media publisher that fully uses... 

Rand Uranium may consider acquisitions, but own assets initial priority - Munro

By: Matthew Hill While the new uranium company that gold major Harmony Gold and US-backed Pamodzi Resource Fund (PRF) have started, Rand Uranium, would initially focus on developing its own surface and underground resources base, it would be considering acquisitions in the future, officials said on Thursday. The... 

Daily podcast - April 17, 2008

By: Shannon de Ryhove In today's podcast: Government spokesperson Thema Maseko describes the delay in the release of Zimbabwe election results as 'dire', the Pamodzi Resources Fund and Harmony Gold announce the name of the new uranium venture, and Andrew Etzinger says the method of DSM project... 

Pamodzi, Harmony unveil name of new uranium venture

By: Matthew Hill The Pamodzi Resources Fund (PRF) and Harmony Gold on Thursday announced the name of the new uranium venture the two companies were setting up. The new firm, created through the sale of certain of Harmony's uranium and gold assets, will be known as Rand Uranium, and be headed by former Gold... 

First
Prev
1
2 3 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 14.21Change: 0.38
R/$ = 11.52Change: 0.14
Au 1209.80 $/ozChange: 13.71
Pt 1212.50 $/ozChange: 12.00