Coal project passes the halfway mark

The biggest single coal terminal, Richards Bay Coal Terminal (RBCT), has reported that the Phase 5 expansion project, which started in September 2006, has progressed past the halfway mark, with 83% of the works already completed.

Diamond market retains its glitter

Diamond production has increased about 9% in the past five years, according to the New York-based World Diamond Council, as mining companies have hurried to find new deposits to meet soaring demand, reports Creamer Media’s Research Channel Africa.

Iron industry booming – UN

The iron ore boom continues unabated and even accelerated in early 2008, states the United Nations Conference on Trade and Development Iron Ore Trust Fund in its yearly iron ore market review report, The Iron Ore Market 2007-2009, was published...

UK calls for fresh sanctions against Mugabe’s regime

Zimbabwe continued to attract heightened attention as the UK’s Foreign Secretary, David Miliband, on Monday urged the world to initiate fresh sanctions against Robert Mugabe’s regime. Miliband, who was in South Africa to attend the eighth...

Iron-ore benchmark pricing system 'doomed'?

Despite opposition from steelmakers, the iron-ore benchmark pricing system may be on its way out, according to a report published by the United Nations Conference on Trade and Development (Unctad), together with the Raw Materials Group. "It...

Business deals struck with Mugabe’s govt will be reviewed, MDC warns

A senior official of Zimbabwe’s Movement for Democratic Change (MDC) has warned that business deals struck with President Robert Mugabe’s government during the last few years will be “scrutinised and dealt with accordingly” if the party...

Black empowerment company showing its mettle in diamond exploration

The Geoinformatics unit of earth science consulting company, Umvoto, completed a scoping study for an undisclosed diamond exploration project in Angola in 2007, reports Umvoto Geoinformatics director Andiswa Mlisa.

UN Global Compact reaches into African corporate territory

Richards Bay Coal Terminal was one of 17 leading South African companies to join in signing the United Nations (UN) Global Compact agreement in Johannesburg last month. The signing ceremony marked the closing of the ‘Global Compact in...

Sixteen SA companies sign UN Global Compact

Sixteen South African companies - including those involved in mining and related activities have signed the United Nations (UN) Global Compact, which extends the opportunity to corporate entities to embrace, support and enact core values regarding...

False mineral information can land practitioners in jail, Samcode head warns

Tight South African mineral codes, which protect the investor community from inaccurate mining claims, were released in Johannesburg last week, for “imminent” JSE implementation.

SA tightens investor-protecting codes for trillion-dollar minerals business

Tight South African mineral codes, which protect the investor community from inaccurate mining claims, were released in Johannesburg on Thursday, for "imminent" JSE implementation. Possible penalties ranged from warnings to statutory...

Germany supports DRC ‘clean’ metals initiative

Germany is to support a project to identify metals which are sold to finance armed groups in the Democratic Republic of Congo (DRC) and Rwanda and to certify those that are ‘clean’.