R/€ = 17.04 Change: -0.03
R/$ = 16.87 Change: 0.00
Au 1758.45 $/oz Change: -4.59
Pt 914.50 $/oz Change: -6.00

Amy Heydenrych

Mechanical equipment installation on track

8th December 2006 With all the equipment ordered and nothing late as yet, FFE Minerals-Vecor special projects manager Dr Niels Verkerk is confident that the supply and erection of its sister company FLSmidth’s equipment in the PPC Batsweledi production plant is running on schedule. 

Benefits from Batsweledi construction spin off into local community

8th December 2006 As development at the PPC Dwaalboom plant accelerates, it is encouraging to note that the results of the company’s commitment to spin off as much of the benefits from the Batsweledi construction phase into the local community are becoming increasingly evident. 

Major civil contracts cemented

8th December 2006 All major civil contracts at PPC’s Batsweledi project have been placed and key operations are in progress. 

Cement market growth inspires capacity expansion

8th December 2006 A strong South African economy, coupled with a R409-billion State infrastructural development programme, is creating a growing need for cement. It is estimated that growth in the construction industry, which has fuelled an almost 50% increase in cement demand, will continue until at least 2014.... 

Soaring demand translates into capital reinvestment

24th November 2006 After 25 years of little invest ment, the steel industry has entered a buoyantperiod, with demand frommultiple sectors. In addition to the widespread boom in steel construction, the Southern African Institute of Steel Construction (SAISC) has also noted a general trend ofreinvestment within the... 

Chinese firm buys into Aim-listed miner

17th November 2006 London-based business law firm. Lawrence Graham LLP, has advised new client Zijn Mining Group Company on the 8,2-million pound subscription by a subsidiary of Zijin for 16 million new ordinary shares (approximately 20% of the share capital) of Ridge Mining plc and warrants to subscribe for up to... 

‘Concentration law requires definition’

17th November 2006 The Mineral and Petroleum Resources Development Act (the MPRDA) provides that one of the grounds on which the Minister of Minerals and Energy must refuse to grant a prospecting right is where the granting of the right “will result in the concentration of the mineral resources in question... 

Concerns over lack of progress on beneficiation bills

17th November 2006 Since their introduction in the National Assembly in November 2005, the Precious Metals Bill and the Diamonds Amendment Bill have seen little progress. 

Take action now on new-order rights, expert urges

17th November 2006 In terms of getting in correct applications for new rights and applications for conversion of old-order rights, the phase between now and May 1, 2009 is critical, says Leppan Beech director Warren Beech. With the enactment of the Mineral and Petroleum Resources Development Act (MPRDA) on May 1,... 

. . . or does it?

17th November 2006 Under the legislation of the Mineral and Petroleum Resources Development Act (MPRDA), many companies applying for prospecting rights have had their applications declined on the grounds that the prospecting right “will result in the concentration of the mineral resources in question under... 

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