Rockwell turnaround still 'work in progress', says CEO

Alluvial gem miner Rockwell Diamonds said on Friday the loss of $13.7-million for the 2012 financial year reflected the impact of the strategic decisions that were taken to place the company on solid footing. This formed part of Rockwell’s...

AMD problem in SA not widely understood

The biggest challenge in the effective treatment of acid mine drainage (AMD) in South Africa is finding solutions that integrate the technical, financial, environmental and community aspects and that are accepted by all stakeholders, says global...

Rockwell Diamonds nets $6m in Q4 sales

Alluvial gem miner Rockwell Diamonds generated $6-million from the sale of 5 795 ct in fourth quarter, the company reported on Wednesday. The company achieved an average price of $1 041/ct, which compares with $1 430/ct in the final quarter of...

Consultancy aiming to grow to accommodate more complex projects

Mining projects being established at remote locations need to be much larger than those operating in areas with existing infrastructure to justify capital investment in supporting infrastructure and, therefore, require higher production rates.

Professor calls for coal mining moratorium in river catchments until viable AMD mitigation measures are in place

Until an extensive regional impact study has identified viable acid mine drainage (AMD) mitigation measures, a moratorium on new coal-mining operations in the Vaal, Usutu and Komati river catchment areas should be imposed to avoid the irreparable...

Company Announcement: Nuclear power inevitable part of South Africa’s energy future?

“Number of nuclear disasters is far less than those that occur at coal mines”

AngloGold misses production target as safety stoppages bite

JSE-listed AngloGold Ashanti produced 980 000 oz of gold during the first quarter of 2012 – falling short of its 1.03-million-ounce production forecast. The company on Tuesday said that safety stoppages, and the subsequent ramp-up associated...

Minister says short-term AMD plan sufficient, but more needs to be done

There is sufficient dilution capacity to ameliorate the untreated acid mine drainage (AMD) and neutralised AMD decanting from basins in the Witwatersrand between now and the end of 2014, Water and Environmental Affairs Minister Edna Molewa said on...

Company Announcement: Acquire Mine Waste Solutions from First Uranium Corporation

AngloGold Ashanti has agreed to acquire First Uranium (Pty) Ltd (South Africa) (“FUSA”), a wholly owned subsidiary of Toronto-based First Uranium Corporation (“FIUC”) and the owner of Mine Waste Solutions (“MWS”), a recently...

Mining consultancy expands service

The resource and infrastructure-focused engineering project house TWP Projects has officially introduced an underground, gold mining-specific, project and technical services offering through the opening of its Krugersdorp branch.

Rockwell Diamonds outlines priorities for 2012

TSX- and JSE-listed Rockwell Diamonds would build on the steady increase in production at its three operational diamond mines in South Africa to prove itself as a profitable and sustainable diamond junior, COO Michael Hunt said this week. He...

Moab Khotsong mine, South Africa

An underground mine, currently under construction.