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[New York Times] – AngloGold, a South African company, bought the Cripple Creek & Victor Mine, about two hours southwest of Denver, in 1999. The huge open pit can produce 700 ounces of gold every day, or about $1.2 million worth in today’s prices, a company official said.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – One- time Robben Island prisoner Saki Macozoma is at the forefront of South Africa’s newest mine in an impoverished part of the Northern Cape province and Mining Weeky was in the sands of the Kalahari with him, as was mining luminary Brian Gilbertson, who has joined him in the manganese venture.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Bloomberg] – Sahara Mining SA, an iron ore miner with operations in Mali, plans to build a $300 million steel mill near Tienfala in the southwest of the country to help close a supply gap in West Africa.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mineweb] – Mike Solomon is our man in the Upper Echelon today. Mike’s had an interesting career - he hit the front pages due to what he’s been busy with - on Wesizwe and we’ll touch on that in a little while.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[ShareCast] – Shares in the southern Africa-focused mining company Diamondcorp have fallen over 6% following the release of company’s half year results which show a loss of Ł1.17m.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[iol Business Report] – Shares in Village Main Reef fall more than 3 percent as the South African junior gold miner says a “go-slow” campaign by union workers at its Cons Murch has lead to lower gold production. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – South Africa-based Metorex, which is being bought by China’s Jinchuan, has completed the disposal of its Sable project to London-listed Glencore for R190-million, it said on Thursday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Bloomberg Businessweek] – Rio Tinto Group and Anglo American Plc, which together own about three-quarters of Palabora Mining Co., said they plan to sell their entire holdings in the South African miner as it no longer fits their investment objectives.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters Africa] – South Africa's Gold Fields Ltd could invest up to $2 billion to develop a gold and copper prospect in the Philippines, a government official said on Wednesday, although the company said it was far too early for such estimates.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Engineering News] – WesBank says its financing of yellow metal assets is up 80% in rand-value year-on-year, with the jump fuelled mainly by the local mining sector.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – South African diversified miner Petmin plans to increase its stake in a Canadian iron sands and pig iron joint venture (JV) project by a further 40% through a $25-million investment, the JSE- and Aim-listed miner announced on Wednesday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – Anooraq Resources, which owns the Bokoni platinum mine in South Africa together with Anglo American Platinum (Amplats), on Wednesday said it agreed to a 8% to 9% a year wage increase for workers at the operation, effective July 1. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Fox Business] – Rio Tinto PLC (RIO) has shortlisted nine parties in bidding for a South African coal mine that it acquired through its near-US$4 billion takeover of Riversdale Mining Ltd., and hopes to conclude a sale by the year-end, said Steve Mallyon, a special advisor to the Anglo-Australian miner.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – ASX-listed Platinum Australia has resumed underground production at its Smokey Hills operation, in South Africa, after access to the mine site was restored through alternate roads.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Business Live] – DRDGold on Tuesday confirmed that five employees have been injured following a seismic event at Blyvooruitzicht Gold Mining Company. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[News Day ] – Mwana Africa subsidiary Freda Rebecca gold mine requires at least $3 million for the replacement and repair of its antiquated mining equipment. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – State diamond miner Alexkor has reached a turning point, CEO Khetiwe McClain said on Monday, as the company reported its first operating profit in five years.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Fin24] – Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on the exceptionally strong performance of its key US market and robust demand in China and India, the head of the company's distribution arm said.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[StockMarketWire] – Petra Diamonds has today reported revenue of $220.6m in the year to end-June (2010: $163.7m), with profit from mining activity $76.4m (2010: $67.2m).crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[iol Business Report ] – South Africa's powerful National Union of Mineworkers said on Sunday it had given state-run power utility Eskom seven working days to respond to its wage demands or face possible strike action.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – South African thermal coal miner Continental Coal on Monday made its debut on the Aim market in London, which CEO Don Turvey described as a “strategic move”.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – London-based Evolution Securities has reiterated a “buy” recommendation on the ASX-, JSE- and Aim-listed Coal of Africa Limited (CoAL) owing to its future coking-coal upside potential.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Fin24] – Independent directors at South Africa’s Optimum Coal (OCH) are reviewing an expression of interest from Glencore and its local partner and share sales made to the suitors despite the absence of a formal bid, investors said.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[iol Business Report] – A new R1.7 billion black-owned mine that will create 500 jobs in a remote corner of the country has to be a good thing. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – The Department of Mineral Resources (DMR's) attempt to alleviate corruption and avoid confusion in applications for mining rights and licences through the South African Mineral Resources Administration (Samrad) is drawing criticism.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters Africa] – South Africa's main mine workers union said on Friday separate wage talks with Exxaro Resources and Impala Platinum, the world's second-largest platinum producer, had deadlocked but strike action was not imminent.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Australian Journal of Mining] – South African virtual reality software and training provider 5DT signalled a concerted push into the Australian market at Aimex 2011, with the company showing off a pioneering visualisation tool for underground coal miners. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – Gold Fields, the world's fourth-largest gold producer, aims to produce one-million ounces of the precious metal per year in South America by 2015, the company's regional chief said on Wednesday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[China Daily] – South Africa's ascension into the BRICS club of emerging economies raised some eyebrows internationally, but there is no doubt that the country has the credentials to back its membership.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[International Business News] – Rio Tinto is to invest US$833 million (Rio Tinto share US$706 million) in major power and fuel supply projects as part of its drive to substantially increase iron ore production capacity in Western Australia.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[iol Business Report] – Definitions of what constitutes transformation of the mining industry came under scrutiny at hearings on the mining charter at Parliament yesterday. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Diamond News] – Petra Diamonds Limited announces the completion of the acquisition of the Finsch diamond mine (“Finsch”) in South Africa from De Beers Consolidated Mines Limited (“De Beers”), initially announced on 21 January 2011.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Business Day] – SA has secured its first Clean Development Mechanism project this year in a R200m project at Gold Fields’ Beatrix mine, in Welkom.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[iol Business Report] – Impala Platinum, the world's second-largest producer of the precious metal, was meeting South Africa's main mine union on Thursday in the hope of halting a strike that could threaten its annual platinum output of 1.8 million ounces.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – The nationalisation of South African mines is not the solution to the country’s problems, the CEO of the country’s Chamber of Mines, Bheki Sibiya, said on Thursday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[i.Africa.com] – The Congress of SA trade unions (Cosatu) says it believes that the monthly employment index released by Adcorp Holdings is "part of the company's ideological warfare against organised workers in this country"crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters Africa] – Zimbabwe had no intention of canceling the mining licences of foreign companies and will continue talks with some miners over a law requiring them to give Zimbabweans a 51 percent stake in their local holdings, the mines minister said on Wednesday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Canadian Mining Journal] – Frontier Rare Earths Limited (TSX:FRO)(TSX:FRO.WT) ("Frontier" or "the Company") is pleased to announce that it has been granted a new prospecting right by the South African Department of Mineral Resources for rare earths and other related minerals of interest in close proximity to its flagship Zandkopsdrift project.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – Petra Diamonds has completed the R1.43-billion acquisition of the Finsch diamond mine in South Africa from De Beers Consolidated Mines and will assume management with immediate effect.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Resource Investing News] – Manganese prices have shifted lower slightly, yet have remained stable alongside other metals used in steel alloys. The price of manganese is a good barometer for the health of an economy primarily because of its use in steel, a prime component of infrastructure projects and other consumer products such as automobiles. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters] – Gold prices steadied in volatile trade on Tuesday after briefly extending the previous session's 2.5 percent slide below $1,800 an ounce, as the dollar's gains versus the euro put fresh pressure on the precious metal.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Finance News Network] – Transcription of Finance News Network Interview with Platinum Australia Limited Managing Director, John Lewins.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters Africa] – Zimbabwe and Zimplats , the local unit of the world's second-largest platinum producer Impala Platinum , said on Tuesday they had agreed to produce a revised plan for a law requiring mining firms to turn over a 51 percent stake to local blacks.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – Technically and geologically, South Africa has superb manganese that others can only dream about, says Singapore-based and ASX-listed OM Holdings CEO Peter Toth.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – First Uranium said on Tuesday that an accident at its Ezulwini mine had killed a drill operator, the fourth death at the South African mine in the last twelve months.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Business Day] – As unemployment grows in South Africa the New Growth Path that outlined government’s plan to create five million jobs may be failing to deliver.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mail & Guardian online] – The economic growth rate slowed in the second quarter as manufacturing, agriculture and mining activity waned, the South African Reserve Bank (SARB) said on Tuesday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Ernst & Young] – Our report reveals that the top three global business risks for mining and metals in 2011 and 2012 are resource nationalism, skills shortage and infrastructure access.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters Africa] – South Africa's National Union of Mineworkers expects commodities giant Glencore to respect job security and employee ownership plans if it takes controlling interest in Optimum Coal, NUM General Secretary Frans Baleni said on Tuesday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[iol Business Report] – The leader of South Africa's National Union of Mineworkers (NUM) said on Tuesday that a strike-averting wage settlement with the world's second-largest platinum producer Impala Platinum was close.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – Multicommodity mining company Petmin has sold its SamQuarz silica mine, near Delmas, Mpumalanga, to a subsidiary of Spain’s Grupo FerroAtlantica for R259-million in cash, the JSE- and Aim-listed company announced on Tuesday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Business Day] – Petmin , South-African based anthracite and silica miner, says its headline earnings for the year ended 30 June 2011 decreased 8% to 19.09 cents per share.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Engineering News] – South Africans were likely to benefit from a positive, but conservative hiring pace in the fourth quarter of this year, with hiring intentions showing little change from the previous quarter, according to the ‘Manpower Employment Outlook Survey’ released on Tuesday. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Moneyweb] – Western crisis risks, if activated, could hurt our exports and import-competing producers if Western growth were to fall away or alternatively if the rand were to become too strong. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mining Weekly] – Energy and chemicals group Sasol expects to spend about R63-billion on capital investments during its 2012 and 2013 financial years and insists it has the financial muscle to press ahead with its gas-heavy growth projects, as well as further gas acquisitions, even if the world were to descend into a double-dip recession.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Business Live] – The overall value of merchandise exports advanced by 3.4% in the second quarter following a 1.2% increase in the first quarter, the September SA Reserve Bank's Quarterly Bulletin showed.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Reuters Africa] – Confidence among South Africa's consumers fell in the third quarter, with people taking a gloomy view about the economic outlook and their finances, a survey showed on Monday.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Business Day] – Sasol shares down over 2% in midday trade on Monday after group reports 27% rise in earnings.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Mineweb ] – Gold Fields' flagship Ghanaian operation at Tarkwa, which produces over 700,000 ounces of gold annually, has awarded MDM Engineering Group a contract for the expansion of its CIL crushing plant.crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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[Market Watch] – Ruby Creek Resources, Inc., a gold exploration and mining company with operations in Tanzania, has retained JCD Projects, a South African based mining engineering firm. JCD was founded and is led by Managing Director Johan Coetzee. They have designed, developed and worked all aspects of modern mines and equipment ranging from startup operations and expansions through to major production. crack payday loanspayday loanspayday loanspayday loanspayday loanspayday loans
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© 2007 AMMSA – Association of Mine Managers South Africa
| Recent events | |
|---|---|
| 12 Jan | Tau Tona - F Agenbag - Western District |
| 2 Feb | Beatrix South Mine - Free State District |
| Upcoming events | |
| 1 Mar | Harmony Gold Mine - Braam van Zyl - Western District |
| Lonmin - William Kgazi - Central District | |
| Tshepong Mine - Free State District | |
| 3 Mar | Bokoni Platinum Mine - Eastern District |
| 16 Mar | Annual General Meeting - All Districts |
| 4 Apr | Dilokong Mine - Eastern District |