GOLD 1572.67 $/ozChange: 6.42
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ACID MINE DRAINAGE

South Africa’s AMD/wastewater is ‘mineable’ – Turton Video Available

Touchstone Resources director Dr Anthony Turton Consideration should be given to studying the economic feasibility of “mining” South Africa’s problematic acid mine drainage (AMD) and wastewater for metals, minerals, salt and even hydrogen, says Touchstone Resources director Dr Anthony...
20th January 2011
 
MINING SERVICES

Teba employee trust ‘most generous known BBBEE’ – MD

The employee trust of mining recruitment company Teba is South Africa’s “most generous” broad-based black economic empowerment (BBBEE), says Teba MD Dr Graham Herbert. Owned 75% by former National Union of Mineworkers (NUM) president James...
14th January 2011
 
DIVERSIFIED MINERS

Village plans North American road show to fund gold/antimony expansion

Diversified junior Village Main Reef plans to embark on a road show to North America to raise equity capital for further expansion of the Consolidated Murchison (Cons Murch) gold and antimony mine. Village intends selling ten million new shares...
13th January 2011
 
MINING SERVICES

Teba says less than 14% of workers on strike

Mining recruitment company Teba says that less than 14% of its workforce heeded day two of the strike, but the National Union of Mineworkers (NUM) disputes the numbers. Only 68 employees – less than 14% of the total workforce of 503 and less...
4th January 2011
 
GEOLOGICAL CONSULTANCIES

New exploration consultancy doing work for SA’s Mmakau Mining in Zimbabwe

Consulting engineers and project management firm Read, Swatman and Voigt (RSV) have added a new linked enterprise to the company to focus on geology, environmental management and mine modelling.
3rd December 2010
 
MINING INVESTMENT

New benchmark of black owners, black managers, black workers

A new black economic empowerment benchmark has been set in the South African mining business with the creation of the Royal Bafokeng Platinum (RBPlat) mining company. This benchmark is made up of a combination of black ownership, black management...
19th November 2010
 
EMPOWERMENT

Arm distributes R10,2m to community projects

Diversified South African mining group African Rainbow Minerals (Arm) will distribute a further R10,2-million in cash to community upliftment projects in South Africa. The funds would be distributed as the fourth dividend payout of Arm’s...
16th November 2010
 
PLATINUM

Foreigners snap up Royal Bafokeng Platinum shares Video Available

Despite South Africa's mine nationalisation talk, the strong demand for Royal Bafokeng Platinum (RBPlat) shares from international investors shows continued confidence in South Africa as an investment destination. "What specifically made us very...
8th November 2010
 
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SA Metals Equity project, South Africa Restricted

The project will take advantage of South Africa's estimated 1,5-billion tons of iron-ore reserves embedded in disused mine dumps and other waste sites.
5th November 2010
 
HOUSING

New Gold Fields housing complex to accommodate 100 employees, their families Video Available

South African gold mining company Gold Fields has opened a new employee housing project, in the in the Glenharvie community, near its Kloof Gold mine, as part of its R550-million, five -year housing programme.
15th October 2010
 
STATE-OWNED MINING

AEMFC granted mining and prospecting rights

The state-owned African Exploration Mining and Finance Corporation (AEMFC) has been granted one mining right and 27 prospecting rights, Mineral Resources Minister Susan Shabangu said on Monday. In written reply to a question, she said nine...
11th October 2010
 
IRON

Black equity in new iron project – National Empowerment Fund

South Africa's National Empowerment Fund (NEF) has secured a space for black equity by making an early investment in a proposed new pig-iron project. NEF's R10-million initial investment is in the unlisted SA Metals Equity, which is developing...
7th October 2010
 
 
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