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GOLD

Sibanye Gold begins intensive search for appropriate mining technology Video Available

Sibanye SVP Peter Turner Gold-mining company Sibanye Gold has begun an intensive search for appropriate technology to make the work of mining safer, easier and more productive. The JSE- and NYSE-listed company has mandated highly experienced mining operational executive...
6th August 2014
 
IRON ORE

New significant ironstone discoveries confirmed at Télimélé

ASX-listed Nemex Resources has intersected new ironstone mineralisation, similar to that at the Boulere resource area, through reconnaissance drilling across large parts of its flagship Télimélé iron project, in west Guinea. The drilling results,...
12th April 2013
 
IRON-ORE

Study confirms Guinea project viability - Nemex

A concept study by ASX-listed Nemex Resources on its Télimélé iron project, in Guinea, has confirmed the economic viability of the project. “We are delighted with the results of the concept study, that suggests that Nemex could develop a...
4th April 2013
 
ELECTRICITY PRICES

Business outlines economic, jobs risks of further power price shocks

The electricity price increases being sought by Eskom would cause serious economic damage at a time when South Africa’s immediate growth outlook was already weak and could bring a number of key foreign-exchange generating sectors to the brink of...
31st January 2013
 
EXPLORATION

Nemex declares maiden resource for Guinea iron project

ASX-listed junior Nemex Resources has declared a maiden inferred resource of 258-million tons at its Telimele iron project, in Guinea. The maiden resource included some 16.8-million tons, at 55.1% iron of potential direct shopping ore (DSO),...
10th January 2013
 
GOLD

Sibanye has potential to be great South African gold-mining story – Sello Moloko

The new Sibanye Gold has huge potential as a company and its unbundling out of Gold Fields is positive for South Africa, says the company’s nonexecutive chairperson Sello Moloko. The two main gold assets of Sibanye Gold – which is to be listed in...
4th December 2012
 
GOLD

Gold Fields unbundles deep, narrow-reef gold mines into Sibanye

Gold major Gold Fields is unbundling its deep narrow-vein Kloof Driefontein Complex (KDC) and Beatrix narrow-reef underground mines into a new all-South African gold-mining company Sibanye Gold, which will be listed on the JSE and NYSE in...
29th November 2012
 
INDUSTRIAL ACTION

Gold Fields gets interdict against illegal KDC West strike

South African miner Gold Fields has received an interdict from the Labour Court against the illegal strike by about 400 employees at the West section of its KDC mine, which had prevented some 14 000 workers from reporting for duty on Sunday...
10th September 2012
 
MINING STRIKE

Strike continues at Gold Fields KDC East mine

JSE-listed Gold Fields CEO Nick Holland has called for bold leadership from all stakeholders as the illegal strike at its KDC East mine continued on Monday. The 12 000-strong strike, which started with the night shift on August 29, had so far...
3rd September 2012
 
GOLD

Illegal strike hits Gold Fields KDC mine

About 12 000 employees of the East section of the KDC on South Africa’s West Rand have downed tools in an “unlawful and unprotected strike”, JSE-listed mining group Gold Fields said on Friday. To date, two night shifts and two-day shifts had been...
31st August 2012
 
GOLD

Gold Fields mine remains closed after deadly fire

The fire that killed five workers at South African miner Gold Fields’ KDC West mine, near Merafong, has been contained, but continued to burn on Monday afternoon, spokesperson Sharda Naidoo said. The deadly fire broke out at 4 Shaft (Ya-Rona) on...
2nd July 2012
 
MINE SAFETY

Five die in Gold Fields KDC West mine fire

Five people have been killed at South African miner Gold Fields' KDC West mine, near Merafong, when a fire broke out at the mine on Saturday night. The miner said in a statement that a further 14 people had been admitted to hospital for...
2nd July 2012
 
 
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