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Latest Videos

Beneficiate voluntarily or we'll force you to, Nogxina warns 

By: Martin Creamer     7th November 2007 The government would force companies to locally beneficiate South Africa's metals and minerals if they failed to do so voluntarily, Department of Minerals and Energy (DME) DG Sandile Nogxina warned on Wednesday. Nogxina said, at the opening of the new African Romance diamond cutting, polishing... 

Podcast - November 7, 2007 

By: Gerrit Bezuidenhout     7th November 2007 In the podcast: AngloGold Ashanti takes new line on its hedge book; Katanga Mining & Nikanor announce merger to form Africa's largest copper producer; DRC defends its mining review. 

Black-owned South African diamond 'first' will rival Cartier, Gucci, CEO predicts 

7th November 2007 The products of new black-owned diamond beneficiation company African Romance would be the first African brand to stand alongside Gucci and Cartier, CEO Mohseen Moosa predicted in Johannesburg on Wednesday. 

Whatever we do on royalties won’t hurt mining industry, Sonjica assures 

By: Martin Creamer     6th November 2007 Ongoing discussions on mining royalties within the National Treasury, the Department of Minerals and Energy and the Chamber of Mines would ensure that the mining industry was not hurt by their imposition, Minerals & Energy Minister Buyelwa Sonjica said on Tuesday. "We are very mindful that the... 

Double royalty of great concern, says new Chamber of Mines president 

By: Martin Creamer     6th November 2007 The issue of double mining royalties was of great concern, new South African Chamber of Mines president Sipho Nkosi said on Tuesday. 

On-The-Air (02/11/2007) 

By: Martin Creamer     2nd November 2007 In this broadcast: Botswana taking steps towards realising its diamond dream of becoming Africa's Antwerp; US ordering another batch of 500 armoured vehicles; SA planning to launch Africa's first commercial space rocket.  

Must be successful at depth to have a future, says new AngloGold CEO Cutifani 

By: Martin Creamer     1st November 2007 Gold company AngloGold Ashanti had to be successful at depth to create a future, its new CEO Mark Cutifani said on Thursday. 

AngloGold Ashanti tackles hedge book 

By: Matthew Hill     1st November 2007 Africa’s number-one gold producer AngloGold Ashanti can be expected to actively work to mitigate the negative effect of its hedge book on its bottom line going forward, after it has seen one of the biggest quarterly increases in the price of the yellow metal in recent times. In the quarter ended... 

JCI, R&E shareholders may vote on merger in new year 

By: Matthew Hill     31st October 2007 Shareholders of fraud-hit JCI and Randgold & Exploration may vote on the firms' proposed merger in January, after which the firm could joint-venture to develop its exploration properties, or sell its assets, officials said on Wednesday. 

Podcast - October 31, 2007 

By: Sylvester Haskins     31st October 2007 In this podcast: Gold Fields warns of a gloomy cost outlook; New coal firm, with familiar faces at the helm, heads for JSE; Mmamabula energy projects gets environmental approval. 

On-The-Air (26/10/2007) 

By: Martin Creamer     26th October 2007 In this broadcast: There are as many barrel of oil in SA's coal reserves as in Saudi Arabia's oil reserves 

Gold Fields warns of gloomy cost outlook 

By: Mariaan Webb     25th October 2007 South African gold producer Gold Fields' cash costs, which were one of the main culprits for the drop in its September quarter's earnings, could continue to nudge upwards in the 2008 fiscal year, the company said on Thursday. In the three months to September, cash costs went up by 7%, but Gold... 

New entrant Keaton plans 2 mt/y coal output in medium term 

By: Matthew Hill     24th October 2007 A new coal junior, Keaton Energy, plans to raise some R300-million by the time that it lists on the JSE by end-March, and produce two-million tons a year of the fuel within three years, it said on Wednesday. Speaking to journalists in Johannesburg, MD Paul Miller said that firm could start... 

Podcast - October 24, 2007 

By: Mariaan Webb     24th October 2007 In this podcast: Botswana aims to take its place among diamond cutting & polishing centres of the world; Govt expects to launch far-reaching safety audit; Cames presses ahead with DRC investment. 

On-The-Air (19/10/2007) 

By: Martin Creamer     19th October 2007 In this broadcast: 40 cars power only by sunshine - race from JHB to CT next year; SA & Australia fighting it out for right to list radio telescope; JHB will showcase Manufacturing Technology International Exhibition. 

Simmers lifts its gold output 14-fold in three years 

By: Brindaveni Naidoo     19th October 2007 Gold and uranium miner Simmer & Jack says it produced 140 000 oz for the previous financial year and is aiming for 180 000 oz/y in the current financial year, up from 10 000 oz/y in 2004, and hopes to reach the one-million ounces-a-year mark in the next five years. 

Podcast - October 17, 2007 

By: Shannon de Ryhove     17th October 2007 In the podcast: Sasol Mining unveils plans to sell 20% stake to black investors; Gold Fields sells two international assets; Harmony estimates production losses at Elandsrand at 1 000 kg. 

Think tank, miners meet on social-responsibility report 

By: Olivia Soraya Spadavecchia     16th October 2007 South African platinum-mining companies met on Tuesday with representatives of the Bench Marks Foundation research institute, which published a report in June, criticising platinum-miners in the country for failing to ensure that their operations resulted in benefits to local communities... 

On-The-Air (12/10/2007) 

By: Martin Creamer     12th October 2007 In this broadcast: Eskom considering 5 coastal sites for large nuclear power station; Solar power traffic lights in Cape Town; Making calls from cellphone, no battery, just the warmth of your hand. 

Newly empowered Sasol Mining sets sights on rights conversions 

By: Matthew Hill     11th October 2007 Sasol Mining hopes to have its mineral rights converted next year after announcing a R1,9-billion empowerment deal. The transaction will boost the company's empowerment level to what government requires. The coal-miner revealed a R1,9-billion black economic-empowerment deal on Thursday,... 

Podcast - October 10, 2007 

By: Brindaveni Naidoo     10th October 2007 In this Podcast: SA to conduct mine safety audit after Harmony rescues 3 200 miners; Izak Marais exits Sallies; Katanga secures debt financing for its DRC copper/cobalt project. 

On-The-Air (05/10/2007) 

By: Martin Creamer     5th October 2007 In this broadcast: SA found a way to unlock colossal amounts of coal energy; R3,2-bn to be ploughed into nickel project in Mpumalanga; DRC has wherewithal to outdo SA mining success. 

Podcast - October 3, 2007 

By: Christy van der Merwe     3rd October 2007 In this Podcast: Anglo cuts stake in AngloGold Ashanti by more than half; African Eagle in talks with possible partners for its uranium assets; Centra Rand Gold heads for JHB & London bourses. 

State, diamond cutters at odds over gem supply 

By: Matthew Hill     3rd October 2007 A storm is brewing between government and small diamond cutters and polishers over a reported lack of supply of the gems because of slow progress by the State in its efforts to boost beneficiation of diamonds in South Africa. Department of Minerals and Energy director-general Sandile Nogxina said... 

African Eagle open to talks with SA firms on potential uranium partnerships 

By: Matthew Hill     1st October 2007 Junior explorer African Eagle Resources, which listed on Johannesburg's AltX on Aug 24, called on South African companies that could be interested in partnering it to develop its early-stage uranium prospects to approach it. 

On-The-Air (28/09/2007) 

By: Martin Creamer     28th September 2007 In this broadcast: World's quietest most powerful current revolution - 'Chinafication' of Africa; De Beers' zeppelin airship; Two new wind farms in SA, on here another across our border. 

Podcast - September 26, 2007 

By: Liezel Hill     26th September 2007 In this podcast: Arm & Norilsk approve a three point R2-bn expansion at Nkomati; De Beers' zeppelin is damaged in crash; Independence Platinum starts platinum productio using Mintek's ConRoast smelting technology. 

On-The-Air (21/09/2007) 

By: Martin Creamer     21st September 2007 In this broadcast: SA enters huge infrastructural growth phase; Brazil poised to throw its weight behind unique pilotless aircraft; Gaborone's new diamond technology park. 

Podcast - September 19, 2007 

By: Irma Venter     19th September 2007 In this podcast: DRDGold heads back to South Africa; An end in sight to the Randgold and Exploration – JCI saga, and De Beers sells its Kimberley underground operations . 

Emperor, Canada's Intrepid to merge as DRDGold packs its bags for SA 

By: Matthew Hill     18th September 2007 Refocused gold producer DRDGold has hopes to sell its 78,5% stake in Australasian subsidiary Emperor Mines "as soon as possible", and will embark on a road show to this end after it has released a prospectus for the sale, a director said on Tuesday. It would then be solely centered on... 

SA mining laws impede exploration - Oppenheimer 

By: Mariaan Webb     14th September 2007 South Africa's mining legislation was holding back exploration in the country and, given the global commodities boom, it should be easier for mining companies to do prospecting work, De Beers group chairperson Nicky Oppenheimer said on Friday. 

New owner Petra targets 120 000 ct/y at Kimberley mine 

By: Mariaan Webb     14th September 2007 Junior miner Petra Diamonds, which bought the Kimberley underground operations from De Beers, the largest diamond miner, for R78,5-million, said on Friday that it aimed to have the mine back in production in the next six to twelve months. The historic operation had been closed in 2005, after its... 

On-The-Air (14/09/2007) 

By: Martin Creamer     14th September 2007 In this broadcast: SA singled out as an ideal country to set up carbon-capture project; World Bank trying to put an end to gas flaring; Important oil & gas discovery in Zamibia. 

Sasol targets coal-rich China for synthetic-fuels investment 

By: Matthew Hill     13th September 2007 The world's biggest producer of liquid fuels from coal, Sasol, is conducting feasibility studies into the possible construction of two such plants in China, where it was currently in "hard-nosed" commercial negotiations, its head said on Thursday. 

Podcast - September 12, 2007 

By: Shona Kohler     12th September 2007 In this podcast: Xstrata to decide on a second phase for its Lion ferrochrome project; Sasol narrows down sites for its new coal-to-liquids plant; and DRDGold’s Emperor Mines puts Tolukuma up for sale . 

Nikanor to secure outstanding finance in 2008 for DRC project 

By: Mariaan Webb     12th September 2007 LSE-listed copper-miner Nikanor had secured funding for two-thirds of its flagship KOV project in the Democratic Republic of Congo (DRC), and plans were in place to arrange the last stretch of debt funding next year, the company said on Wednesday. Nikanor planned to fund the balance of finance... 

Podcast - September 5, 2007  

By: Sheila Barradas     5th September 2007 In this podcast: Anglo Platinum seals much anticipated empowerment deals; African Rainbow Minerals announces its maiden dividend payment; and DRDGold sets its sights on increased production in South Africa 

Angloplat looks forward to improved relations with SA govt after BEE sales 

By: Mariaan Webb     4th September 2007 Anglo Platinum, which made headlines by threatening to take legal action against the South African government for not awarding its new prospecting licences, said that it hoped that the series of empowerment transactions announced on Tuesday would assist in progressing the company's... 

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