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MINING RISKS

Access to water, electricity key risk for local mining and metals companies

EY Africa mining and metals sector leader Wickus Botha Although productivity has been identified as the top business risk facing mining and metals companies globally in advisory firm EY’s ‘Business risks facing mining and metals 2014/15’ report, access to water and electricity – a new entrant,...
1st August 2014
 
STEEL

O’Flaherty outlines ‘production first’ strategy for steel group Video Available

ArcelorMittal South Africa CEO Paul O’Flaherty Newly appointed ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty delivered an unambiguous ‘production first’ message in his inaugural interaction with the investment community on Friday, saying his management team was committed to...
1st August 2014
 
Creamer Media on SAfm

On-The-Air (01/08/2014) Audio Available

The level of productivity in South African coal mines is below that of Australian coal mines
1st August 2014
 
COAL

SA coal productivity lags behind Australia Video Available

Mining Weekly editor Martin Creamer Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about South Africa's lagging coal productivity compared with Australia's.
1st August 2014
 
CORPORATE ACTIVITY

Trading halts remain as Continental moves to raise A$35m

As South Africa-focused thermal coal producer Continental Coal progressed a A$35.1-million rights issue and a recapitalisation plan, a proposed listing on the JSE has been postponed and trading halts on the Aim and ASX remained firmly in place....
1st August 2014
 
GOLD

Mali cancels 130 mining permits after sector audit

Mali has cancelled 130 mining permits, about 30% of existing permits in the gold-producing West African nation, in a drive to clean up the sector, a mines ministry official said on Thursday. The new government said in September that it will carry...
1st August 2014
 
Legislative Environment

African Mining Vision to drive continental mining development

DRIVING VISION
The Chamber of Mines believes the African Mining Vision can drive mining across the African continent
The 2014 Mining Lekgotla will focus on the African Union’s Africa Mining Vision (AMV) to determine how it can drive mining in South Africa and in Africa, says Chamber of Mines (CoM) VP and Mining Lekgotla convener Khanyisile Kweyama, who will...
1st August 2014
 
All

Boikarabelo coal project, South Africa Restricted

Resource Generation is undertaking the development of some projects at its Boikarabelo mine, while it works to find a new earthworks contractor for the operation.
1st August 2014
 
EDITORIAL INSIGHT

Cutifani backs Cyril’s strike ballot, gold refinery gets financial help, Amplats backs mechanised mines

The enforcement of strike ballots is on the cards; gold mining companies have come the financial aid of the Rand Refinery; and Anglo American Platinum is entering a mechanised era.
1st August 2014
 
Gold

Gold miner increases production, cuts costs

CRIPPLE CREEK & VICTOR MINE
AngloGold Ashanti continues to invest in its US-based gold mine
Gold mining major AngloGold Ashanti increased production by 17% and decreased production costs by 22% in the first quarter of this year, according to a press statement that also revealed the company’s adjusted headline earnings to be...
1st August 2014
 
Gold

Gold miners need to focus on cost accounting

ANDY CLAY
Cost accounting enables mining companies to identify the different costs associated with different grades and other mining parameters
With gold mining companies looking for ways of reducing costs amid the recent price decline, implementing area cost accounting analysis will help mining companies that do not already use this information to identify the profitable and...
1st August 2014
 
Base Metals

Increased demand for South African smelting tech

GOLD MELTING 
This high volume system melts up to 2 t of gold at a time
As Africa’s mining industries consider new methods of processing precious metals and base metals, the demand for South African induction-heating technologies on the continent is increasing, says induction-heating solutions company Hot...
1st August 2014
 
 
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O’Flaherty outlines ‘production first’... Video
SA coal productivity lags behind Australia Video
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Kumba’s cash return to black shareholders Video
Mining project studies on the increase – DRA Video
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Kumba’s cash return to black shareholding now... Video
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