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2nd August 2012
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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Amplats moves headlong into market development and overhead stripping.
Kumba Iron Ore gets cracking on expanding its just-built Kolomela mine.
And, a lack of updated geological information is partly to blame for the low levels of exploration in South Africa.

Struggling Anglo American Platinum is going headlong into market development, geographic demand diversification and overheads stripping as it reels from a R264-million "bloodbath" loss in the first six months of 2012.

Amplats acting CEO Bongani Nqwababa

Fast-growing Kumba Iron Ore has already got cracking on studies to expand Kolomela, its just-commissioned nine-million-ton project still in ramp-up phase.

Outgoing Kumba Iron Ore CEO Chris Griffith

The availability of updated geological information could significantly increase the amount of exploration taking place in South Africa.

GSSA management committee member Dr Johan Krynauw

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Edited by: Shannon de Ryhove


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