R/€ = 16.30 Change: 0.07
R/$ = 14.33 Change: 0.03
Au 1423.87 $/oz Change: 21.35
Pt 807.78 $/oz Change: -2.70

Kelly Farthing

Daily podcast – August 14, 2009

14th August 2009 South Africa's cabinet agrees on a suspension of the disposal of mining assets held by state entities; and official data shows that South Africa's total mining production fell 7,3% year-on-year in June. 

Grootegeluk mine expansion on schedule

14th August 2009 Diversified miner Exxaro’s Grootegeluk mine will play a significant role in South Africa’s energy provision in the future, by supplying coal to State-owned electricity utility Eskom’s Medupi power station, which is currently under construction. 

Established project house involved in coal projects

14th August 2009 Project house DRA has been providing its services to diversified miner Exxaro’s coal projects for the past 12 years. 

Diversified miner aims to double coal production by 2017

14th August 2009 As the single biggest supplier of coal to both State-owned power utility Eskom and the domestic metallurgical market, diversified miner Exxaro aims to increase its coal production to about 100-million tons a year by 2017, an increase of 50-million tons from its current production level. 

Iron-ore deposit enough to sustain China for 25 years

24th July 2009 With last month’s discovery of what is being called Asia’s largest iron-ore deposit in northwest China, the country’s heavy reliance on imports for its large-scale steel production could be a thing of the past. 

African iron-ore project suspended

24th July 2009 Global steel company ArcelorMittal’s Faleme iron-ore project in the West African country of Senegal has been suspended, owing to the global economic downturn. 

Consulting firm involved in iron ore projects

24th July 2009 Mining specialists VBKom Consulting Engineers are involved in a wide variety of mining projects within South Africa and have a growing footprint in other parts of Africa. 

Iron-ore price war

24th July 2009 The yearly deadline to set benchmark iron ore prices has lapsed after talks between iron ore producers BHP Billiton and Rio Tinto and the China Iron and Steel Association (Cisa) have reached a stalemate.  

Possible customs duty on Indian iron-ore exports

24th July 2009 The Indian iron-ore industry may be faced with an increase in custom duty on the export of iron-ore out of the country. The increase in custom duty is a bid by the government to encourage domestic production of steel. 

SA manufacturer 
upgrades articulated dump truck

3rd July 2009 Heavy equipment manufacturer Bell Equipment has introduced a new mark VI D-Series articulated dump truck (ADT).  

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