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Mining Services

Global furnace group boasts numerous projects

Local furnace supplier Tenova Pyromet is undertaking the design and supply of components for two ferrochrome furnaces for use at the Xstrata-Merafe Lion ferrochrome complex, in Limpopo.
25th May 2012
 
PLATINUM

Lonmin extends losses as platinum falls

Johannesburg-listed shares of Lonmin extended losses on Wednesday to over 5% as the spot platinum price plunged on a poor demand outlook. At 10:07 GMT, the share price was 5.10% lower at R98.01, outpacing a 1.33% drop in Johannesburg's Top-40...
23rd May 2012
 
IRON-ORE

West Africa emerging as the new Pilbara – West African Minerals

West Africa is emerging as the next significant iron-ore province after Australia’s rich Pilbara and is attracting the attention of global majors and the Chinese, says the London-Aim-listed West African Minerals. Major diversified miners are...
21st May 2012
 
Health and safety

Discipline of and reliance on health and safety officers vital

The role of discipline in the improvement of mine health and safety, as well as the role of health and safety officers and representatives upholding health and safety standards on mines are of great importance, says Johannesburg law firm Brink...
18th May 2012
 
PLATINUM

Sea change in labour dynamics as AMCU emerges – Lonmin

Labour dynamics are going through a sea change with the emergence of the Association of Mineworkers and Construction Union (AMCU) to rival the dominance of National Union of Mineworkers (NUM), says Lonmin CEO Ian Farmer. Farmer, who heads South...
14th May 2012
 
STOCKS

South African stocks up for second straight session

South African stocks rose for the second straight session on Friday, buoyed by upbeat consumer sentiment data out of the United States and a strong sales report from financial group Old Mutual. But Johannesburg-listed shares of Lonmin fell after...
14th May 2012
 
LEGISLATIVE ENVIRONMENT

Shale gas report to go before Cabinet in July

The Department of Mineral Resources (DMR) has completed its report on the feasibility of shale gas exploration in South Africa, Minister Susan Shabangu told Parliament on Thursday during her Budget vote speech. The report, which was put together...
10th May 2012
 
SOUTH AFRICA

Union warns about mine violence

The National Union of Mineworkers (NUM) expressed shock on Thursday at increasing violence and intimidation at Impala Platinum and Lonmin mines. The NUM's national executive appealed to both companies and the police to take drastic action against...
3rd May 2012
 
Lonmin

Company Announcement: Lonmin To Boost Artisanal Skills PDF Available

It is with great pride that Lonmin announces the opening of the Lonmin Artisan College at Marikana, in the North West province.
19th April 2012
 
PLATINUM

Amplats reports fewer safety stops, refined output falls on maintenance

The world’s largest platinum producer Anglo American Platinum (Amplats) is confident it would refine and sell between 2.5-million ounces and 2.6-million ounces of platinum this year, despite maintenance delaying its first-quarter refined...
19th April 2012
 
PLATINUM

IDC invests big in Gilbertson/Frandsen new-look platinum integration Video Available

Pallinghurst chairperson Brian Gilbertson South Africa’s State-owned Industrial Development Corporation (IDC) has made its biggest single investment in five years - R3.24-billion - in Platmin’s comeback as an integrated miner and beneficiater. The delisted Platmin, now enhanced and...
29th March 2012
 
ACQUISITIONS

WAFM buys rest of Cameroon iron-ore explorer

Aim-listed West African Minerals (WAFM) acquired the remaining 34.51% interest in CMC Guernsey, CEO and executive cochairperson Stephen Dattels announced on Friday. CMC Guernsey, which owns six exploration permits for iron-ore and associated...
16th March 2012
 
 
Topic Multimedia
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Second Take: Mining investment Video
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