Shore Gold appoints former Anglovaal, De Beers man Mennell chair

TSX-listed Shore Gold on Monday said it had appointed Brian Menell chairperson of the company, after serving on the board of directors from March 7, 2003. Menell is CEO of Kemet, a group of private companies that invest in and manage a range of...

Company Announcement: Truckafrica captures Gold

IMPERIAL Logistics member company, Truckafrica, an over border Logistics Service Provider to a variety of mining and logistics companies across Africa has been awarded the 2011 Logistics Supplier of the Year by JSE-listed Bell Equipment for the...

Mining boom to boost Africa’s infrastructure programme and economy

The minerals exploration boom in Africa is expected to contribute significantly to the ambitious Programme for Infrastructure Development in Africa led by the African Union Commission (AUC), the New Partnership for African Development (Nepad) and...

Research reveals increasing black ownership on the JSE

Black South Africans own more than 17% of the country’s largest listed companies, the second phase of research undertaken by Chandler & Associates to determine the nature of black ownership on the JSE has revealed. The percentage of ownership...

Shanta Gold to raise £15m for new Tanzania mine, GBG JV deal

Aim-listed Shanta Gold would issue new shares to raise £15.1-million to partially finance its New Luika gold mine, which remained on track for production by December, executive chairperson Walton Imrie said on Monday. The New Luika gold mine,...

Shanta Gold to buy 80% of GBG Tanzania resource

Exploration and development company Shanta Gold announced on Wednesday that it would acquire 80% of JSE- and TSX-listed Great Basin Gold’s (GBG’s) explorations assets located in the Lupa region of Tanzania. The interest would be bought in...

Company Announcement: Auction Alliance assists Diesel Power Opencast Mining to offload prime OEM equipment

Attached please find a press release on: Making space for new stock is no small feat when one is in the league of Diesel Power Opencast Mining Pty Ltd, (wholly owned subsidiary of JSE listed entity Buildmax Limited).
 
Earth moving equipment...

Ian Cockerill joins Peterstow Aquapower board

Water hydraulic drilling systems manufacturer Peterstow Aquapower on Tuesday announced the appointment of Ian Cockerill, a well-known figure in South African and global mining, as a nonexecutive director of its board. Chairperson Douglas Barrows...

Canadian miners see 'only benefits' from TSX-LSE tie-up

The Canadian mining sector was generally positive on Wednesday about the news that the holding company of the Toronto Stock Exchange has agreed to a 'merger of equals' with the London Stock Exchange group. “I think there are quite a lot of...

JSE expects more mining listings in 2011

The JSE is expecting an increase in listings this year, particularly in the mining sector, after ending a rather slow 2010 with 14 new listings. JSE director of issuer services John Burke told Mining Weekly Online on Tuesday that increased...

First Uranium accountant faces charge in South Africa

In the first incident of its kind, South Africa’s Competition Tribunal has laid a criminal charge against a person for not adhering to a summons issued by it. The tribunal on Monday announced that it had, on August 13, laid a charge with the...

JSE lists first commodity-linked Standard Bank ETN

The JSE on Tuesday listed its first exchange traded note (ETN) programme that would provide South African investors with exposure to gold, platinum, palladium and silver markets. The Standard Bank ETN programme, dubbed the Commodity-Linker, is...