R/€ = 16.70 Change: 0.24
R/$ = 16.16 Change: 0.42
Au 1798.02 $/oz Change: 11.26
Pt 948.72 $/oz Change: 6.72

Project Management News

Dippenaar out to win back confidence in Great Basin 

By: Matthew Hill     3rd April 2012 For Great Basin Gold, which owns gold mines in Nevada and South Africa, the last year has been gruelling. So gruelling in fact, that CEO Ferdi Dippenaar summed it up on Tuesday when he bluntly said: “2012 can never be as bad as 2011”. The TSX-, NYSE- and JSE-quoted company has suffered... 

Constancia to cost around $1.5bn to build, says HudBay

By: Matthew Hill     3rd April 2012 Hudbay Minerals, the Canadian base-metals miner, on Modnay hiked the capital cost estimated of its giant Constancia project in Peru by about 50% to $1.5-billion, citing both scope changes and inflation as reasons. A February 2011 feasibility study under the copper-gold project’s previous owners,... 

Mitsubishi buys 25% of Marathon PGM project

By: Matthew Hill     28th March 2012 Billings, Montana-based palladium and platinum producer Stillwater Mining has agreed to sell a 25% stake in its Marathon project in Ontario to Mitsubishi for $94.6-million, including a commitment from the Japanese firm to meet the venture’s $13.6-million first cash call. Mitsubishi will also... 

South African ferrochrome in meltdown, urgent intervention needed

By: Martin Creamer     16th March 2012 South Africa’s ferrochrome industry is speaking with one voice when it says that its in meltdown mode – but at least one trader is as vociferous that the proposed imposition of a temporary export tax will also cause economic hurt. It is the typical standoff between producer and trader that only... 

Mining contractor launches dedicated Australian coal division

By: Yolandi Booyens     16th March 2012 Redpath, one of the world’s major mining contractors, has launched a dedicated Australian coalmining division with the aim of becoming one of the country’s leading mining contractors. 

Company assists in development of 260 MW power station at Boikarabelo project

By: Yolandi Booyens     16th March 2012 Environmental and social solutions company Digby Wells Environmental has been involved in the Boikarabelo coal mine project since its exploration stages and has lately undertaken the environmental authorisation processes for a proposed 260 MW power station for the Limpopo-based project. 

Zuma declares 2012 the year of public infrastructure delivery 

By: Terence Creamer     9th February 2012 South Africa’s multibillion-rand public infrastructure programme, including those projects that would unlock key mineral resources and exports, were given strong emphasis by President Jacob Zuma in his State of the Nation address, delivered in Parliament on Thursday evening. Effectively... 

Engineering firm to take advantage of opportunities at Mining Indaba

By: Sinette Goosen     27th January 2012 International engineering and project management company Amec is attending the eighteenth annual Investing in Africa Mining Indaba, in Cape Town, from February 6 to 9. The four-day event is the ideal opportunity to take advantage of the market exposure and networking opportunities. 

SRK preparing for surging African demand

By: Martin Creamer     27th January 2012 The wellspring of one of the world’s largest mining-focused professional practices – SRK Consulting South Africa – is preparing itself for an exponential increase in demand from the continent of Africa, where it has operated highly successfully for the past 38 years. The South African practice –... 

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