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Daily podcast – February 25, 2010
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25th February 2010
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Thursday, February 25, 2010.

From Creamer Media in Johannesburg, I'm Shannon de Ryhove.

Making headlines today:

The head of diamond company De Beers' South African operations has stepped down.

De Beers Consolidated Mines MD David Noko will leave the company at the end of March, after four years as MD.

De Beers said that Barend Petersen would act as CEO from April, while the process to appoint a permanent CEO was being finalised.

Noko said in a media release that the time was right for him to step aside so that a new leader could take DBCM to the next phase of its transformational journey.

Junior miner A1 Minerals reports that the first gold pour at its BrightStar gold project, in Western Australia, will take place next week.

The gold pour will follow the completion of construction at the company's fully-owned gold plant, which is adjacent to its first mining site, the Beta Pit, within its BrightStar gold project.

A1 MD John Williams says that the company is looking forward to the first gold pour, which will be completed slightly behind schedule.

Also making headlines:

South Africa's mining chamber says that the power hikes will add strain, but they are in line with expectations.
Former South African Reserve Bank governor Tito Mboweni is appointed chairperson of gold-mining company AngloGold Ashanti.
Protests at Yamana Gold's project worry Argentine officials.
And, Canadian gold-miner Centerra Gold is hopeful that the ongoing shut-down of heap leach operations at its Mongolian mine will end soon.

That's a round up of news making headlines today. For more on these and other stories please visit


Edited by: Shannon de Ryhove


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