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Resources Watch

14th November 2013

By: Creamer Media Reporter

  

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Kumba and ArcelorMittal sign an 'holistic' iron-ore pricing deal following years of dispute.
An exciting new AngloGold Ashanti technology produces its first gold.
And Mark Cutifani says mining benefits 8 in 10 South Africans.

Steel producer ArcelorMittal South Africa and iron-ore miner Kumba inked an “holistic” deal recently aimed at resolving a long-running dispute between the two JSE-listed companies, while also potentially meeting the government’s increasingly vociferous calls for arrangements that facilitate higher levels of resource beneficiation.

AMSA CEO Nonkululeko Nyembezi-Heita

The exciting new South African gold-mining technology that has the potential to change the face of South Africa’s struggling precious metals mining business, has produced its first gold.

AngloGold Ashanti CEO Srinivasan Venkatakrishnan

Eight out of every ten South Africans benefits “directly and literally” from mining, says outgoing Chamber of Mines of South Africa president Mark Cutifani.

Outgoing Chamber of Mines of South Africa president Mark Cutifani

For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

Edited by Shannon de Ryhove
Contributing Editor

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