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Resources Group
 
RESIGNATION

Mngomezulu resigns from Exxaro board

JSE-listed diversified resources group Exxaro has announced the resignation of Simangele Mngomezulu as nonexecutive director. Her resignation is effective from December 21.
15th January 2010
 
BASE METALS

Western Areas signs new nickel offtake deal with BHP

ASX- and TSX-listed Western Areas has inked an agreement with diversified miner BHP Billiton for an additional 2 000 t a year of nickel concentrate from ore blended at diversified resources group Kagara’s Lounge Lizard deposit, in Western...
8th December 2009
 
EXXARO COAL

Company Announcement: Medupi Coal Supply And Off-Take Agreement Update PDF Available

Attached please find a press release on: Exxaro Coal (Pty) Limited, a wholly owned subsidiary of diversified South African-based resources group Exxaro Resources Limited (“Exxaro”), and Eskom Holdings Limited (“Eskom”), signed the Medupi...
8th December 2009
 
MALAWI – 1

Mining operations to contribute 
$500m a year to Malawi fiscus

Malawi expects to earn over $500-million a year from four recently launched and planned mining projects, the country’s Geological Surveys Department (GSD) says.
25th September 2009
 
Daily Podcast

Daily podcast – September 14, 2009 Audio Available

The results of a probe into the cause of the accident at Exxaro's Zincor refinery will be released in about four weeks; and the US government continues to put the squeeze on coal mining companies for their environmental impact.
14th September 2009
 
BASE METALS

Exxaro expects results of Zincor explosion investigation in four weeks

The results of a probe into the cause of accident at diversified resources group Exxaro’s Zincor refinery, in Springs, which claimed the lives of three workers and injured a further 12, would be released in about four weeks, the company said on...
11th September 2009
 
INDUSTRIAL ACTION

Vale workers strike at Voisey’s Bay in Canada

Brazilian diversified resources group Vale SA on Monday confirmed that unionised employees at its Voisey’s Bay operations, in the province of Newfoundland and Labrador, in Canada, had gone on strike at the weekend over a wage dispute. The...
3rd August 2009
 
DIVERSIFIED MINERS

Anglo American reduces shareholding in Hulamin

Diversified resources group Anglo American has sold a large portion of its shareholding in aluminium semifabricator Hulamin to Coronation Asset Management, in line with Anglo’s plans to focus on its core mining operations. The group sold...
22nd July 2009
 
Furnaces, Kilns, Ovens and Dryers

Furnace shuts down owing to market conditions

Diversified resources group Exxaro Resources has taken a decision to expedite the commencement of the relining of Furnace 1 at Namakwa Sands.
8th May 2009
 
DIVERSIFIED MINING

Anglo posts weaker Q1 output, diamond production plunges

Diversified miner Anglo American on Thursday reported declines in output for the majority of its resources in the first quarter of the year, with only iron-ore production showing a substantial year-on-year increase. The global economic crisis had...
30th April 2009
 
PROJECT UPDATE

Gulf acquires Uganda vermiculite project from Rio

Australian minerals development company Gulf Resources has signed a sale and purchase agreement with diversified resources group Rio Tinto for the acquisition of the Namekara mining operation, in eastern Uganda. Namekara was considered one of the...
23rd April 2009
 
ALUMINA

Dubal will buy stake in Vale alumina refinery

Brazilian resources group Companhia Vale do Rio Doce has entered into a share purchase agreement with Dubai Aluminium Company Limited (Dubal), which will buy a stake in Vale's Companhia de Alumina de Pará (CAP). If the transaction, which is...
14th April 2009
 
 
Topic Multimedia
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VIDEO
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Second Take: Mining investment Video
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Audio
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