R/€ = 15.63 Change: 0.01
R/$ = 13.94 Change: 0.00
Au 1427.69 $/oz Change: -11.47
Pt 849.36 $/oz Change: -6.08

Creamer Media Reporter

South Africa burning coal at rate greater than production – Keaton

29th August 2008 South Africa was burning coal at a rate greater than production, Keaton Energy CEO Paul Miller said last week. 

Troubled ERPM now ‘very close’ to breakeven – DRDGold

29th August 2008 The troubled deep-level ERPM gold mine was “very close” to break even after eliminating water pumping costs and laying off 239 people, DRDGold CEO-designate Niel Pretorius said last week. 

BHP Billiton studying new South African energy coal projects

29th August 2008 World-leading diversified mining company BHP Billiton was studying the feasibility of new energy coal projects in South Africa in addition to the Douglas Middelburg Optimisation (DMO) and Klipspruit projects that were being built at a combined cost of R12-billion, BHP Billiton CEO Marius Kloppers... 

Metorex earmarks $400m to quadruple copper output

29th August 2008 Global copper supply will not be able to meet demand going forward, provided the developing world sustains its growth, midtier miner Metorex said last week. 

Wonderful future lies ahead for ‘very much misunderstood’ PGMs, says platinum-mining doyen Gilbertson

29th August 2008 Platinum-group metals (PGMs) were a “very much misunderstood” group of metals that “the world just wouldn’t operate without”, platinum mining doyen Brian Gilbertson said on Wednesday at the listing of his new Pallinghurst Resources company on the main board of the JSE. 

Kimberley Consolidated gets govt go-ahead for bulk diamond sampling

29th August 2008 Department of Minerals and Energy had given AltX-listed Kimberley Consolidated Mining Limited (KCM) the go-ahead to begin bulk sampling of Shone kimberlite, KCM said in a statement last week. 

Real Economy Report

28th August 2008 This is the Real Economy Report. Our top stories this week: DRD Gold turns the corner with a near break-even at ERPM, Nissan is to nearly triple its vehicle production, and Bell takes the lead in satellite truck monitoring. 

BHP-Rio deal could push up iron-ore prices ‘significantly’ – regulator

22nd August 2008 Australia’s competition watchdog warned on Friday that a merged BHP Billiton and Rio Tinto might be able to, and want to, influence global iron-ore supply and prices. This could lead to steelmakers paying “significantly” higher prices for the raw material, the Australian Competition & Consumer... 

State Miscellaneous

22nd August 2008 Tenders arising from a range of public sector contracts  

Mining Weekly 22 August 2008

22nd August 2008  


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