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Nelendhre Moodley

New Africa Mining Fund to launch second, 'broader' fund next year

3rd August 2007 Developed primarily to assist black economic empowerment (BEE) groups in establishing junior mining projects, the New Africa Mining Fund anticipates launching a follow-up fund in the new year, its CE said on Wednesday. 

Exploration may yield significant output growth at new First Uranium shaft

27th July 2007 Canadian uranium and gold resource company First Uranium on Friday announced that recent underground and surface drilling targets could lead to a significant increase in uranium and gold production from a new 250 000 t/m shaft at the Ezulwini mine located some 40 km south-west of Johannesburg in... 

Shaft Sinkers achieves 1m fatality-free shifts

27th July 2007 Mining contractor Shaft Sinkers on Friday announced that it had achieved one-million fatality-free shifts on July 23 - for the third time since 2001. 

Canadian explorer agrees to buy stake in Tanzanian uranium prospect

26th July 2007 TSX-V-listed junior miner Atomic Minerals (Atomic) on Thursday announced that it had signed a letter of intent with Geo Can Resources to enter into an option agreement to acquire up to a 90% interest in a land package totalling some 2800 km2 located in Tanzania. 

Minister, unions visit AngloGold Ashanti mine on safety concerns

25th July 2007 Most of AngloGold Ashanti's Moab Khotsong mine, near Orkney, has been reopened following a seismic event, which led to two fatalities over the weekend. On Wednesday, a delegation consisting of the Minister of Minerals and Energy Buyelwa Sonjica, AngloGold Ashanti South African CE Neville... 

New Africa Mining Fund to launch second, 'broader' fund next year

25th July 2007 Developed primarily to assist black economic empowerment (BEE) groups in establishing junior mining projects, the New Africa Mining fund anticipates launching a follow-up fund in the new year, its CE said on Wednesday. 

IFC plans to spend $150m on African mining projects this year

25th July 2007 The International Finance Corporation (IFC), the private sector arm of the World Bank, anticipates investing some $150-million in resources projects in Africa in 2008 IFC investment officer Mohale Rakgate told Mining Weekly on Wednesday. 

Coal wage mediation to resume July 31

24th July 2007 Wage negotiations in the coal sector have been postponed to July 31, after the chamber requested employers and worker representatives to assess new cost demands, solidarity spokesperson Reint Dykema said on Tuesday. 

Luxury Soweto-Joburg train now operational

13th July 2007 The Soweto Business Express (SBE) last week made its maiden voyage from Naledi station to Dube station, in Soweto. 

Teal reports promising results from DRC copper-cobalt prospect

12th July 2007 TSX-and JSE-listed Teal Exploration & Mining (Teal) on Thursday reported that preliminary drilling results from the Lupoto area of the Kalumines copper-cobalt project, in the Democratic Republic of Congo, had confirmed high grade mineralisation. 

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