R/€ = 17.03 Change: -0.08
R/$ = 16.86 Change: -0.19
Au 1757.26 $/oz Change: -15.89
Pt 915.50 $/oz Change: -16.50

Latest Videos

Daily podcast – April 8, 2009 

By: Shannon de Ryhove     8th April 2009 In today's podcast: Iluka Resources unveils plans to adjust its production base in response to the weak demand for its major products; and more than 3 000 employees of Pamodzi Gold's President Steyn mine are expected to hold a mass demonstration in Welkom. 

Daily podcast – April 7, 2009 

By: Shannon de Ryhove     7th April 2009 In today's podcast: the judicial management of Pamodzi Gold's Free State and East Rand operations may be short-lived; and Rio Tinto is to slowdown the construction of the Yarwun alumina refinery expansion. 

Daily podcast – April 6, 2009 

By: Shannon de Ryhove     6th April 2009 In today's podcast: Caledonia Mining plans to restart its Blanket gold mine, in Zimbabwe, as soon as possible; and the total liability of Pamodzi Gold's provisionally liquidated Orkney gold mine has been calculated at R337-million. 

Daily podcast – April 3, 2009 

By: Sheila Barradas     3rd April 2009 In today's podcast: Australia's markets watchdog sues Fortescue Metals; and an international diamond group calls for a ban on trade in Zimbabwe diamonds. 

Daily podcast – April 2, 2009 

By: Shannon de Ryhove     2nd April 2009 In today's podcast: diamond exploration company BRC DiamondCore has to secure additional funding to continue operating in the normal course of business; and campaigners say that electronics manufacturers should trace the minerals they use in order to prove they are not funding fighting in the... 

Daily podcast – April 1, 2009 

By: Shannon de Ryhove     1st April 2009 In today's podcast: Tawana Resources holds numerous discussions with potential investors to recapitalise the company; and African Diamonds develops a new mining plan for the AK6 joint-venture project in Botswana. 

Daily podcast – March 31, 2009 

31st March 2009 In today's podcast: A blue diamond weighing 7,03 ct will be sold at Sotheby's sale of Magnificent Jewels, in May; and the share price of South African Coal Holdings plunges more than 65%. 

Daily podcast – March 30, 2009 

By: Mariaan Webb     30th March 2009 In today's podcast: a failure occurred at a test furnace at the Randburg facilities of South African mineral-research body Mintek, with no injuries reported; and mining investment in Chile and Peru is expected to pick up this year.  

$2 000/oz gold 'quite conceivable' in medium term – Agnico CFO  

By: Liezel Hill     27th March 2009 The looming spectre of inflation, coupled with investors' thirst for a safe place to put their money, will likely drive bullion prices up “significantly” in the medium term, Agnico-Eagle Mines CFO David Garofalo said on Friday. Garofalo, who was named Canada's CFO of the year this month, said... 

Daily podcast – March 27, 2009 

By: Shannon de Ryhove     27th March 2009 In today's podcast: AngloGold Ashanti agrees to provide R10-million for wages at Pamodzi Gold's provisionally liquidated Orkney gold mine; and Platmin reports a fatality at its Pilanesberg mine. 

Daily podcast – March 26, 2009 

By: Shannon de Ryhove     26th March 2009 In today's podcast: tough wage negotiations lie ahead for South Africa's gold sector this year; and Camec restarts its cobalt operations in the Democratic Republic of Congo. 

Daily podcast – March 25, 2009 

By: Shannon de Ryhove     25th March 2009 In today's podcast: De Beers' diamond joint venture in Namibia receives government approval to halt production from April 1 for three months due to weak sales; and the US Environmental Protection Agency said that it has "serious concerns" about the potential harmful effects on water quality... 

‘Liquid’ fluorspar-miner Sallies ready for ‘bounce’ or blows – CEO 

By: Martin Creamer     24th March 2009 South African fluorspar miner Sallies was well positioned to benefit from any upward economic “bounce” – and also sufficiently financially liquid to ward off any blows that might arise should market conditions happen to deteriorate, its CEO Tom Dale said on Tuesday. Announcing a turnaround to an... 

Daily podcast – March 24, 2009 

By: Shannon de Ryhove     24th March 2009 In today's podcast: A technical team from JIC conducts an on-site technical study at Pamodzi Gold's provisionally liquidated Orkney gold mine; and AngloGold Ashanti expects gold production at its Geita mine, in northwest Tanzania, to surpass 300 000 oz this year. 

Daily podcast – March 23, 2009 

By: Shannon de Ryhove     23rd March 2009 In today's podcast: an urgent application is brought in the Pretoria High Court to extend the powers of liquidators in dealing with the provisional liquidation of the cash-strapped Pamodzi Gold's Orkney gold-mining operations; and Chambishi Metals will restart production within two months. 

Daily podcast – March 20, 2009 

By: Leandi Kolver     20th March 2009 In today's podcast: Pamodzi Gold has Orkney gold-mine assets provisionally liquidated in the Pretoria High Court; and Finance Minister Trevor Manuel's new incentives for investors in junior mining will be implemented from July 1. 

Bateman restructures to increase the focus on its key competences 

By: Jonathan Faurie     20th March 2009 Diversified process engineering and project management company Bateman Engineering NV has restructured its business model to increase the focus of the company on its core competencies. 

Daily podcast – March 19, 2009 

By: Shannon de Ryhove     19th March 2009 In today's podcast: China's steel industry reiterates its view that term iron ore prices should fall by at least 40% to 2007/8 levels; and Colombia expects to give AngloGold Ashant an environmental permit for exploration at the stalled La Colosa project this month. 

Daily podcast – March 18, 2009 

By: Shannon de Ryhove     18th March 2009 In today's podcast: more mine workers have died so far this year on South African mines than in the same period last year; and the shares of lambasted Pamodzi Gold fell another 15% after it was obliged to release more bad news on the JSE's Stock Exchange News Service. 

Mine deaths worsening, Section 28 artisans in many accidents  

By: Martin Creamer     17th March 2009 More mine workers had died so far this year on South African mines than in the same period last year, and many accidents involved Section 28 artisans previously unacceptable to South Africa’s Chamber of Mines, the Exxaro safety summit heard on Tuesday. National Union of Mineworkers (NUM) safety... 

Daily podcast – March 17, 2009 

By: Shannon de Ryhove     17th March 2009 In today's podcast: legal advice to Rio Tinto is that it only needs a simple majority of shareholder support for its planned tie-up with Chinalco to go ahead; and Pamodzi Gold is examining several "long-term" funding solutions and will make an announcement "when it was ready" to do so. 

Second mandatory BEE wave may be harder than first - Ernst & Young 

By: Martin Creamer     16th March 2009 The second mandatory portion of black economic empowerment (BEE) in mining was poised to be more difficult than the first, which was currently being severely stress tested, Ernest & Young director Lance Tomlinson said on Friday. Tomlinson told Mining Weekly Online, at a media lunch organised by... 

Daily podcast – March 16, 2009 

By: Shannon de Ryhove     16th March 2009 In today's podcast: Penoles declares force majeure at its MetMex precious metals refinery after a five week pay strike paralyses work; and the South Australian government plans to ramp-up efforts to promote the state's mining projects overseas. 

Second Take: South Africa's unique dependence on coal 

By: Creamer Media Reporter      13th March 2009 Creamer Media's Shannon O'Donnell speaks to Mining Weekly editor Martin Creamer about South Africa's unique dependence on coal. 

Daily podcast – March 13, 2009 

By: Philippa Levenberg     13th March 2009 In today's podcast: Pamodzi Gold East Rand criticises Aflease Gold's neighbouring Sub Nigel gold mine for "free-riding" on the costs that Grootvlei has to outlay on water pumping; and Kimberley Consolidated Mining says that it has decided to scale down active mining and prospecting operations at... 

Platinum-gold capital raising to coincide with new tax breaks for junior miners 

By: Martin Creamer     12th March 2009 New platinum-gold junior Platfields, which will list on the main board of the JSE "within weeks", will raise capital on the exchange only in July in order to coincide with the new tax incentives for mining companies introduced by South Africa Finance Minister Trevor Manuel. Platfields CEO... 

International Zinc Association sees more growth from emerging markets  

By: Chanel de Bruyn     12th March 2009 China, the Middle East, India and other emerging markets had great potential to grow their zinc consumption in the future, International Zinc Association (IZA) executive director Stephen Wilkinson said on Thursday. Speaking at a local industry meeting hosted by the International Zinc Association... 

Daily podcast – March 12, 2009 

By: Shannon de Ryhove     12th March 2009 In today's podcast: all three of Southern Africa's main coal-exporting ports are rail-constrained; and Australia's parliament votes overwhemingly to defeat a motion aimed at sinking China's proposed $19,5-billion investment in Anglo-Australian miner Rio Tinto. 

Beaming into Africa 

By: Creamer Media Reporter      11th March 2009 Mining Weekly editor Martin Creamer played a key role in a television panel discussion that was beamed live into Africa and the next day rebroadcast in South Africa to let the continent of some of the mitigating steps that some in the mining industry are taking during this period of global... 

Daily podcast – March 11, 2009 

By: Shannon de Ryhove     11th March 2009 In today's podcast: Samancor Chrome prepares to retrench workers; and China-linked Dragon Energy eyes investments in new mining projects. 

World's 40%-plus dependence on energy coal set to grow - Clean Coal Centre  

By: Martin Creamer     11th March 2009 The world's dependence on coal for more than 40% of its power needs was not showing any signs of decreasing, but was instead poised to increase slightly in the next 20 years, Clean Coal Centre MD Dr John Topper said on Wednesday. Topper, whose Clean Coal Centre in the UK operates under the... 

Clean coal vital to sustain 90%-dependent South Africa - Wits University   

By: Martin Creamer     11th March 2009 Clean, efficient, safe and economical coal technologies were vital to sustain the South African economy, which was dependent on coal for 90% of its electricity, 30% of its petrol and diesel, 90% of its iron-and-steel reduction and growing volumes of foreign exchange from coal exportation, Wits... 

Daily podcast – March 10, 2009 

By: Shannon de Ryhove     10th March 2009 In today's podcast: First Quantum Minerals doesn't have any immediate plans to either increase or dispose of its holding in rival Equinox Minerals; and Grupo Mexico says it won't give up its fight to recover its bankrupt US subsidiary Asarco. 

JCI-Randgold & Exploration merger hearing adjourned to April 29 at latest 

By: Martin Creamer     9th March 2009 The hearing into the merging of mining companies JCI and Randgold & Exploration (R&E) was on Monday again adjourned, this time to April 29. Both JCI and R&E in the past operated under the leadership of the controversial, deceased mining magnate, Brett Kebble. Senior counsel Michael van der... 

Daily podcast – March 9, 2009 

By: Shannon de Ryhove     9th March 2009 In today's podcast: Rio Tinto isn't planning to delay construction of the Oyu Tolgoi copper and gold mining project in Mongolia; and the pumping crisis reported by Pamodzi Gold holds no immediate or even short-term threat to either the safety of Aflease Gold employees or to the company's mining... 

Daily podcast – March 6, 2009 

By: Jonathan Faurie     6th March 2009 In today's podcast: Miranda Mineral Holdings confirms that its Amajuba coal project has an estimate resource of 38-million tons; and the Japan Oil, Gas & Metals National Corporation plans to earn a 35% stake in a South African platinum project for $10-million. 

Zinc business will improve in 2010/11 - Exxaro 

By: Martin Creamer     5th March 2009 The under-performing zinc business of the JSE-listed Exxaro will improve towards the end of 2010 or early 2011, Exxaro CEO Sipho Nkosi says. The black-controlled South African diversified mining company suffered a loss in its zinc business in 2008, but is intent on reviewing it rather than... 

Daily podcast – March 5, 2009 

By: Shannon de Ryhove     5th March 2009 In today's podcast: Pamodzi Gold directors fly out of Johannesburg to conclude a new "sounder" funding deal for the strike-hit gold company; and Simmer & Jack Mines raises R110,5-million to complete the integration of the Tau Lekoa mine into the Buffelsfontein gold mine. 

60 61 62 63
65 66 67 68

Latest News


Resources Watch


Second Take


At the Coalface


Topics In These Articles

RSS Feed


Mining Weekly is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Subscribe Now
Free daily email newsletter Register Now