$200bn capex ambition of mining majors under spotlight

The great China-led economic supercycle that has been boosting global economies for a decade is falling below its expected trajectory, which is giving rise to questions supercycle slippage and demise.

Light turns amber for iron-ore investment – BHP Billiton

The light has turned amber for additional investment in iron-ore production, but it remains green for investment in copper, says the world’s biggest diversified mining company. A lower rate of growth is on the way in China’s demand for global...

BHP moves to ease worries over mega project spend

Miner BHP Billiton moved to reassure investors fretting over its spending on "mega projects", promising discipline and potential noncore asset sales in one of the sector's clearest efforts to address market worries over the cost of growth. BHP,...

Former Eastplats MD joins Gold One

ASX- and JSE-listed Gold One on Thursday announced the appointments of Wayne Robinson as executive VP for the South African operations and Michael Li as senior VP for Asia. Robinson, the former MD for Eastern Platinum, would provide mining...

BHP taking measures to address downstream challenges

Diversified giant BHP Billiton would continue to take “deliberate measures” to address the challenges that its downstream-oriented businesses were facing, CEO Marius Kloppers said on Wednesday. In its financial results for the first six...

BHP exits titanium, sells RBM stake to Rio

Mining giant BHP Billiton said on Wednesday it would exit the titanium minerals industry in South Africa, selling its 37% stake in mineral sands producer Richards Bay Minerals (RBM) to Rio Tinto. The deal would double Rio Tinto’s stake in RBM...

Great Western eyeing rare earths from SA titanium tailings

Great Western Minerals could more than double production at its South Africa rare earths project if it strikes a deal to extract the valuable elements from waste that companies including Exxaro Resources and Richards Bay Minerals generate from...

Mineral sands market working up a strom – RBM

The supply-constrained mineral sands market is working up a storm. It is currently a “pretty exciting” market, says Richards Bay Minerals CFO Bruce Beath. South Africa’s RBM is a major producer of titanium minerals, high-purity pig iron,...

MINING POND

South African sand miner Richards Bay Minerals (RBM) recovers ilmenite, rutile and zircon from the dunes in KwaZulu-Natal. Shown floating on an artificially created freshwater pond are two dredgers. The slurry, which develops when the burrowing...

New separation equipment for mineral sands producer

Mineral separation and mineral processing solutions company Mineral Technologies delivered a range of mineral separation equipment to mineral sands producer Richards Bay Minerals (RBM) for their TTP expansion project in Richards Bay. The equipment...

Zulti North prospecting rights application withdrawn

Minerals producer Richards Bay Minerals (RBM) has submitted prospecting rights applications for two areas, namely Zulti North and Zulti South, in KwaZulu-Natal (KZN).

Supply-short heavy minerals market ‘exciting’ – RBM

The supply-constrained heavy minerals market is currently “pretty exciting", says Richards Bay Minerals (RBM) CFO Bruce Beath. “We’re sold out on all four products for the next year to three years,” Beath tells Mining Weekly Online....