R/€ = 17.36 Change: 0.01
R/$ = 14.59 Change: -0.02
Au 1729.45 $/oz Change: -10.13
Pt 1173.00 $/oz Change: -15.00

Exploration News

Geographical info system compiled for platinum giant

By: candice haase     6th September 2002 The compilation of a geographical information system (GIS) is being coordinated for platinum giant Anglo Platinum by Johannesburg-based GIS management and geological consulting company Geo Consult International. 

Malawi set for rare-earth prospecting

By: Marcel Chimwala     30th August 2002 Malawi: Prospecting work for a strontianite and rare-earth minerals project, which is expected to lead Malawi into the group of the world's leading producers of rare-earth minerals, is ready for commencement. 

Xolobeni project (heavy minerals project)

23rd August 2002 Name of the project and location Xolobeni project, South Africa. Project description The development of the Xolobeni deposit, on the south east coast of South Africa, including a new smelting operation. Value R225-million. Duration The prospecting permit was extended until 2004. Description of... 

The Afrikander Lease (gold project)

23rd August 2002 Name of the project and location The Afrikander Lease, North West Province. Project description Mining company Afrikander Lease (Aflease) is to reopen the dormant underground section of its Aflease gold mine in the vicinity of Klerksdorp, North West province. The expansion project will more than... 

New approach to Chile exploration proposed

24th July 2002 Canadian miner Mandalay will have to consider other options to advance its potential world-class La Quebrada property in north-central Chile, after BHP Billiton World Exploration Incorporated agreed that its option to acquire a 70% interest in the property be terminated. 

Aussie exploration jv announced

22nd July 2002 Australian miner Tanami Gold has entered into an agreement to joint venture with BHP Billiton and Teck Cominco over six exploration licences, covering 4 265 km, located within the company’s central Australian project area. 

Diamond exploration deal concluded

22nd July 2002 Diamond giant De Beers and black empowered firm Mvelaphanda Resources have signed a joint-venture agreement to explore primary kimberlite in certain parts of the Limpopo and Mpumalanga provinces. 

Consulting firm maximises Africa's exploration potential

19th July 2002 For many years prior to the mid-80s, the geographical focus of the world’s major exploration companies was on the developed countries of the world, due to their stable economies and politics, good investment incentives and (in those days) reasonable environmental constraints. 

Finance for Moz mineral-sands project secured by year-end

By: vanessa vasques     19th July 2002 What is being called one of the most exciting and one of the largest mineral sands deposits in the world, the Moma Titanium project in Mozambique is well under way to being financed. 

Exploration firm sinks its teeth into SADC

By: vanessa vasques     19th July 2002 Specialist shaft-sinking, mine development and exploration company Murray & Roberts RUC is continuing its activities on the African continent and, based on current trends, looks set to expand in Africa and further afield. 

Richards Bay producer grows production base

By: Marius Roodt     12th July 2002 One of the world’s leading producers of titanium products, Richards Bay Minerals (RBM), of Kwazulu-Natal, foresees that increased competition could lead to an oversupply of feedstock to the titanium-dioxide(TiO2) pigment industry. 

New KZN mines to satisfy 2006 TiO2 demand

By: Marius Roodt     12th July 2002 The heavy-mineral sands division of Kumba Resources and the Australian-listed titanium-dioxide (TiO2) feedstock producer Ticor, will have spent about R2,5-billion locally in its drive to become the world’s third largest TiO2 feedstock producer by 2005. 

Feasibility study concluded for $500-million Corridor Sands

By: Marius Roodt     12th July 2002 One of the world’s largest minerals companies, Western Mining Corporation (WMC) of Australia, which has an option to become the majority shareholder in the $500-million Mozambican Corridor Sands project, has completed a bankable feasibility study early this month, providing impetus for the... 

Mozambique's first ilmenite mine on track

By: Marius Roodt     12th July 2002 Irish mining firm Kenmare Resources will be ranked as one of the top five titanium producers in the world once its Moma project in Mozambique comes on stream in 2004. 

Gold major opens way for exploration empowerment

12th July 2002 Black-empowered firm Mvelaphanda (Mvela) yesterday said that it has, subject to approval by its shareholders before September 15, secured gained participation rights of up to 15% in any of mining giant Gold Fields’ precious metals exploration projects in Africa with effect from March 1. 

We'll grow our own assets, says new million-carats-a-year gem miner

By: Joanne Delaurentis     5th July 2002 Building a new, black-owned and majority-controlled, diamond-mining company, from scratch, without a committed cash flow, in the South African context is no easy task, but is exactly what the sector’s new entrant is setting out to achieve. 

Century-old geological society ponders future

By: Irma Venter     5th July 2002 The Geological Society of South Africa (GSSA) is at 102 one of oldest and also one of the largest scientific and professional associations in the country. 

Explorer in cash-raising exercise

4th July 2002 A 1 400 km2 tenement package in one of the 'hot spots' for Australian gold exploration – the Ashburton mineral province of northern Western Australia – forms the basis of new $4-million exploration initial public offering (IPO), Marengo Mining. 

Canadian miner to explore Mali properties

2nd July 2002 The gross proceeds from the sale of 1,025-million shares sold by Canadian mining company North Atlantic Nickel Corp for $,027 a share, will be used to advance the company’s gold exploration projects in Mali and for other general corporate purposes. 

Mineral explorer prospers in Africa

By: vanessa vasques     14th June 2002 Many people understand mineral exploration to be undertaken either by large mining houses, or junior exploration companies, which usually sell their successes to large mining houses. 

Platinum giant's R160m exploration budget

By: vanessa vasques     14th June 2002 Mining Weekly features reporter Vanessa Vasques speaks to Anglo Platinum divisional director for resource management and development Ron Hieber about the latest developments in exploration and future prospects which could yield results for the mining house. 

Exploration boom triggers contractor's expansion

By: vanessa vasques     14th June 2002 The current boom in platinum mining and exploration has resulted in the dramatic expansion of exploration drilling contractor Geosearch, of Johannesburg. 

UK firm's glittering prospects

By: vanessa vasques     14th June 2002 UK-based international diamond mining and exploration company Firestone Diamonds is optimistic about its current exploration projects and is anticipating adding new projects to its portfolio in the future. 

Exploration firm stays focused on SA

By: Zonika Botha     14th June 2002 Diamond exploration is a highly specialised business. 

Heavy-minerals exploration (heavy minerals project)

7th June 2002 Name of the project and location Heavy-minerals exploration, Malawi. Project description An exploration programme for natural gas, which will be used to enhance Malawi’s power supply, and heavy minerals has been launched in the district of Salima, west of Lake Malawi. Value Unstated.... 

Training increased due to growing demand

31st May 2002 Snowden Mining Industry Consultants, an international expert in technologies relating to mining and exploration, met with overwhelming demand for a series of customised training courses presented last year. 

Study positive on coal expansion

24th May 2002 Scheduled for completion this month, a R2-million feasibility study by Snowden Mining Consultants has unearthed no major obstacles with regard to the planned expansion of Total Coal’s Forzando South coal project, in Mpumalanga. 

Exploration to boost Papuan operations

By: Marius Roodt     17th May 2002 The JSE Securities Exchange-listed Durban Roodepoort Deep (DRD) is pursuing the expansion of its operations in Tolukuma, Papua New Guinea, by increasing exploration in the area. 

Rod at core of exploration drilling success

26th April 2002 Exploration drilling costs have always borne close scrutiny and now, in the face of a globally depressed market, that is more true than ever. 

New R65-million expansion now under way at Bly

By: Marius Roodt     19th April 2002 South Africa’s fourth-largest gold-mining company Durban Roodepoort Deep (DRD) is implementing a nine-year R65-million expansion project at its Blyvooruitzicht (Blyvoor) gold-mine near Carletonville, Gauteng Province. 

Heavy-minerals exploration in Malawi

By: Marcel Chimwala     5th April 2002 A subsidiary of an Australian company Resource Drilling, Millenium Mining, has launched an exploration for heavy minerals and natural gas in Malawi. 

Another eastern limb site is under intensive study

22nd March 2002 The latest site of intensive platinum-group metal (PGM) exploration on the high-yielding Bushveld Igneous Complex’s eastern limb is the Helena and Der Brochen farms. 

Gold explorer presses ahead in West Africa

22nd February 2002 London-listed Randgold Resources posted an operating profit of $46-million for the year to December 2001 – an increase of $30-million on the previous year. 

SA gold miner looks West and East

By: Keith Campbell     15th February 2002 Harmony Gold Mining is looking at opportunities in Peru as well as targetting Australia, and is evaluating the future of nearly exhausted shafts such as Harmony 4 and Evander 9 on a quarterly basis. 

Breaking boulders safely

18th January 2002 The propellant-based system from RockTek known as RocKracker has been developed to break oversize boulders without the safety concerns on noxious gases or explosives and detonators. 

Senegal plans big minerals-mapping drive to attract international investors

18th January 2002 SENEGAL – West African country Senegal plans to upgrade the mapping of its mineral resources and develop several mining-related projects, thanks to financial support from the European Development Fund. 

Technique developed to enhance orebody information

14th December 2001 Industrial research council CSIR is developing a borehole radar system specifically suited to the South African mining industry. 

Move away from grassroots exploration

By: Deborah Spicer     30th November 2001 A new emphasis on grassroots exploration can be seen at Kumba Resources’ business-development unit, which ensures that there is a pipeline of ideas and nursery projects that can help the strategic business units as well as the company achieve fulfil their strategies. 

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