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Resources Watch

Resources Watch

1st February 2017

     

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Local company taking ‘next big step’ in airborne geophysics;
Exxaro will support any ‘sustainable’ plan for restarting Arnot;
And, Anglo confident of ‘favourable outcome’ with Eskom on sale of three tied coal mines

Airborne electromagnetic technology pioneer Spectrem Air, together with mining majors and main shareholders Anglo American and De Beers, is developing a superconductor magnetic gradiometer, known as Squid, that will greatly enhance the capability of the sensors used in airborne geophysical surveys.
Spectrem Air GM Louis Polomé

Exxaro says it will be guided by Eskom on the future of the Arnot coal mine, in Mpumalanga, which was closed after Eskom’s decision not to renew a 40-year coal supply agreement with Arnot, an Eskom-tied mine operated by Exxaro.
Eskom interim CEO Matshela Koko
 

Mining group Anglo American says it has held discussions with and continues to engage with Eskom, government and potential bidders on its plan to exit its Eskom-tied mines – Kriel, New Denmark and New Vaal.
Eskom interim CEO Matshela Koko
 

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Edited by Creamer Media Reporter

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