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Greenfields development

3rd November 2006 Engineering project house TWP has been awarded the feasibility-study contract by Impala Platinum for the R3,4-billion 17 Shaft project. 

Zambian govt gives Teal go-ahead for Mwambashi copper project

3rd November 2006 Zambia’s Mines and Minerals Minister, Kalombo Mwansa, has granted exploration and mining company Teal a large-scale mining licence to develop its 12 000-t/y Mwambashi copper project. 

Aggregated business changes hands

3rd November 2006 Cement producer Lafarge’s Aggregates & Readymix business has acquired the Mpumalanga aggregates quarry and readymix operations of White River Crushers, the company said last week. 

Rio Tinto may increase share buy-backs to stop bidders, says Goldman

20th October 2006 Rio Tinto, the world’s third-largest mining company, may buy back more shares to stop potential takeover bids after falling commo- dity prices helped cut its stock price, Goldman Sachs said. 

Massive gem unearthed

13th October 2006 Less than a week after investment house JCI shareholders agreed to sell its 76% stake in the Letseng diamond mine, situated in the Maluti Mountains in Lesotho, to miner Gem Diamonds, Gem CEO Clifford Elphick announced the recovery of the world’s fifteenth-largest diamond ever found. 

'Green mining' kudos

13th October 2006 Coal producer Anglo Coal and two platinum-miners, Palabora and Anglo Pla-tinum, picked up this year’s Ned-bank Capital Green Mining awards for contributing to responsible mining in Southern Africa. 

R1bn venture proceeding

15th September 2006 Canadian miner Great Basin Gold, which received all three new-order prospecting rights for its Burnstone project, near Balfour, has said it plans to apply for a mining right by the end of next month and will proceed with the development of the R1-billion gold project. 

Why regulate concentration?

18th August 2006 PART 2 In Mining Weekly last week, Donovan Smith highlighted that the provision in the Mineral and Petroleum Resources Development Act (MPRDA) requiring the Minister to refuse the granting of a prospecting right where it results in concentration is an administrative decision subject to procedural... 

Sonjica to open Africa’s largest mining expo next month

16th August 2006 Minerals and Energy (DME) Minister Buyelwa Sonjica, is scheduled to officiate at the opening of Electra Mining Africa on Monday, September 11, at the start of the DME Mining Week. 

Diamond-miner SouthernEra in profit turnaround

15th August 2006 TSX- and Aim-listed diamond-miner SouthernEra Diamonds has turned a second-quarter profit from a loss during the same period last year. 

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