New R2bn fluorspar miner, beneficiator heads for JSE

New fluorspar explorer turned aspirant miner and fluoro-chemicals producer will be taking its R2.1-billion start-up to market in the first quarter of 2013. SepFluor, the new name in fluorspar mining and beneficiation, on Wednesday showed the...

Aspirant US space miners aim to break into tightly South African-held platinum domain

The platinum patch belongs to Southern Africans, or so we thought until new US aspirant space miner Planetary Resources burst on to the scene at the Museum of Flight in Seattle with a plan to mine platinum-group metals (PGMs) in outer space. The...

Thompson Creek warns of loss, completes mill expansion

Molybdenum producer Thompson Creek Metals on Friday said it expected to post a first-quarter operating loss, mainly owing to rising costs and the start-up of a new 55 000 t/d mill at its Endako mine, in British Columbia (BC). First-quarter...

Eldorado advances Greek projects post takeover

The Greek Ministry of the Environment, Energy and Climate Change (MoE) has given approval to the technical studies of both the Skouries and Olympias mine projects being developed by ASX- and TSX-listed Eldorado Gold. Eldorado said on Friday that...

Company’s belting division extends range

Technical solutions provider Bearing Man Group’s (BMG’s) belting division has extended its range of components, designed specifically for the conveying of heavy minerals, to include robust Megaroller idlers that ensure reliable operation, low...

Company Announcement: Completes Placement Of $10M In Preparation For First Gold Pour At Bibiani

Noble Mineral Resources (ASX: NMG) is pleased to announce that it has raised $10 million through a placement of 21m shares at 48 cents to institutional and sophisticated investor clients of Azure Capital, Morgan Stanley Smith Barney and BBY. Noble...

Taparko-Bouroum mine, Burkino Faso

An openpit mine, situated in Burkino Faso

Expansion on schedule, coal supply delayed by Medupi

The Exxaro Grootegeluk brownfield expansion project is aimed at supplying State-owned power utility Eskom with 14.6-million tons of power-station-grade coal a year for its Medupi power station.

Castlemaine reviews Ballarat mine plan

Gold miner Castlemaine Goldfields would have to revise its mine plan for the Ballarat mine, after its ore sources for the gold processing plant performed below expectations. The start-up and recommissioning of the Ballarat mine started in the...

SA could learn from ‘transparent’ Papua New Guinea – Harmony Gold

South Africa could learn from the “transparent, open and honest” approach of the government of Papua New Guinea (PNG) in facilitating foreign direct mining investment, says Harmony Gold CEO Graham Briggs. Briggs, who was speaking to the media...

Rockwell subsidiary ordered to pay DRC concession holder $1.2m

TSX- and JSE-listed Rockwell Diamonds on Thursday reported that its indirect subsidiary, Durnpike Investments, was ordered to pay $1.2-million to mining concession holder Midamines, following a dispute in which $48-million was claimed in royalties...

07/10/2011 (On-The-Air)

Lack of rail capacity is causing a new black-owned mining start-up to lose out on R140-million a year; On to the automotive industry now where apparently South Africa is in growing danger of losing its valuable automotive industry to lower-cost...