World Bank gives Mozambique tips on avoiding a ‘painful bust’ as minerals boom beckons
By: Keith Campbell The World Bank has forecast that the Mozambican government revenues from the country’s coal and gas sectors could be $9-billion by 2032, which would represent 7% of the country’s gross domestic product and 21% of total government revenues. This prediction is contained in the global institution’s... →
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Australia on show at indaba
By: Ilan Solomons As a resource-rich country with substantial experience in mining, development and mining equipment, as well as technology and services, Australia is well placed to help African countries derive real and sustainable benefits from their mining sectors, Australian High Commissioner to South Africa... →
Inaugural music festival to fuel economic boost of historical mining town
By: Creamer Media Reporter The recently announced Tribe One: Dinokeng festival, a public–private partnership, is set to create substantial economic-, social- and cultural-development opportunities in the historic mining town of Cullinan, in the Dinokeng region of northern Gauteng. Tshwane acting city manager Lindiwe Kwele... →
Company tendering for Phase 2 of Moatize project
By: Yolandi Booyens Open cast mining and underground solutions, and materials handling equipment supplier Tenova Takraf, is tendering and negotiating for a contract to supply materials handling machinery and services to a major coal project in Mozambique. Tenova Takraf Africa MD Riccardo Tonini tells Mining Weekly... →
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Vale reveals progress in Moatize expansion and Nacala corridor development
By: Keith Campbell Brazilian major mining group Vale is slowing down the development of Phase 2 of its Moatize mining project in Tete province in Mozambique. This is to ensure that Phase 2 comes into operation in conjunction with the commissioning of the company’s new Nacala corridor rail route, which will... →
Company Announcement: Mintek conducts Ozone research
Attached please find a press release on: With a history extending as far back as 1934, Mintek has become a leading provider of minerals processing and metallurgical engineering products and services to industries world-wide. Mintek is committed to innovation and world-class research and... →
On-The-Air (10/10/2008)
By: Martin Creamer In this broadcast: Africa is now where China was in the 1970s – ready for major growth, says the new head of the giant Anglo American Corporation; Competition authorities the world-over are baring their teeth, with the European ruling against Sasol the ultimate wake-up call; Steel prices – like... →
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Mining offers hope to 'break through barriers of poverty' in Africa, says Australian High Commissioner
By: Martin Creamer Mining is the most important ‘sunrise’ industry in Africa at the moment, says the Australian High Commissioner to Africa Philip Green. Green, who addressed the Africa Downunder mining conference in Perth last week, says mining “offers as much hope as just about anything does” to break through... →
SADC experiences mining boom
By: Esmarie Swanepoel The Southern African Development Community (SADC) reports that Tanzania has recorded an increase in its mining activities, especially gold mining, over the last five years, owing mainly to the revision of its mining legislation. SADC secretariat senior programme manager for mining and technology... →
Botswana enters new era as diamond beneficator and trader
By: Martin Creamer A "new diamond dream" is unfolding in Botswana. Debswana chairperson Dr Akolang Tombale and many members of government have been focused on "this new dream", said De Beers MD Gareth Penny in his speech to ululating guests at last week's celebration in Botswana, held to mark a quarter century of... →
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Botswana progressing from diamond-miner to beneficiator, trader
By: Martin Creamer A "new diamond dream" is unfolding in Botswana. Debswana chairperson Dr Akolang Tombale and many members of government have been focused on "this new dream", said De Beers MD Gareth Penny in his speech to ululating guests at last week's celebration in Botswana, held to mark a quarter century of... →
Ensure that gold's not resource curse, pleads AngloGold Ashanti's Godsell
By: Martin Creamer African gold company AngloGold Ashanti wanted to demonstrate to the governments of the six African countries in which it operated that gold was a resource blessing and not a resource curse, said CEO Bobby Godsell. →
Poor infrastructure is the 'single biggest disincentive to Africa's economic growth'
By: Martin Creamer A new international partnership should be formed to upgrade the physical infrastructure of the African continent, AngloGold Ashanti CEO Bobby Godsell said last week. →
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Godsell calls for international partnership to upgrade Africa's infrastructure
By: Martin Creamer A new international partnership should be formed to upgrade the physical infrastructure of the African continent, AngloGold Ashanti CEO Bobby Godsell said on Tuesday. He told the Mining Indaba in Cape Town that the state of Africa's infrastructure was the “single biggest disincentive to... →
IT spend on the rise in South Africa's coal-mining industry
By: Ollie Madlala Information technology (IT) spend in the South African coal-mining industry is on the increase, according to a survey conducted by Deloitte, which revealed that mining companies saw a 10% increase in their IT spend for 2005/6. →
US giant insists that demand will continue to outstrip supply
By: Keith Campbell Aluminium faces a glowing future. →
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Namibia still offers good exploration potential
By: andrew lanham Global investment inmining in Africa is looking towards destinations such as West Africa, Tanzania and, naturally, the relatively untapped wealth of the Democratic Republic of the Congo. While these countries offer exciting opportunities for those in the business of minerals, often the lack of... →
Namibia still offers good exploration potential
By: andrew lanham Global investment in mining in Africa is looking towards destinations such as West Africa, Tanzania and, naturally, the relatively untapped wealth of the Democratic Republic of the Congo. →
Minerals Minister urges downstream development
By: andrew lanham While the Minister congratulated Driefontein for its achievement in pouring its 100 millionth ounce of gold, she challenged Gold Fields to be equally pioneering in other areas such as the meaningful participation of black people in mining as well in the role of suppliers to the mines. →
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Gold company to intensify its West African search
By: Martin Zhuwakinyu Gold-mining company Randgold Resources reports that it is to use its rising cash pile to search for new gold deposits in West Africa – where it co-owns the impressive Morila mine with AngloGold and the Malian government – and elsewhere on the continent. →
Gold-miner outsources draughting
One of the lowest-cost gold producers in the world, the Harmony Gold Mining Company, has outsourced its Randfontein Estates draughting facility to Graphic Mining Solutions International (GMSI), a subsidiary of AST Mining. →
Mining Renaissance – resources are growth catalysts for continent
By: System Author The mining and mineral resource sector is facing its biggest twenty-first century challenge – the potential role it can play in helping to bring about the vision of an African Renaissance, first conceived by President Thabo Mbeki. →
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R/€ = 13.48  R/$ = 11.46 Au 1228.13 $/oz  Pt 1231.50 $/oz 
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