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Creamer Media Reporter


S&P rates Exxaro zaA-/zaA-2, SA remains risk Restricted

Ratings agency Standard & Poor’s (S&P’s) said this week that coal miner Exxaro Resources’ exposure to country risk in South Africa was constraining the current South Africa national scale ratings. The rating agency cited risks such as a...
By: Creamer Media Reporter
Published on 13th March 2014
 

Resources Watch Restricted

Transnet boosts Exxaro’s coal railing. Profit-making RBPlat cautions the mine industry over a secondary supply threat. And, an exciting new system automates the mining of low seams in coal mines.
By: Creamer Media Reporter
Published on 13th March 2014
 

Gilat Satcom to sponsor mining summit in Lusaka Restricted

Telecommunications group Gilat Satcom on Monday said it was set to sponsor the second yearly Great Rift Valley Mining Summit, where it planned to unveil new mining-focused mobile satellite services and technologies. The summit, held from March 13...
By: Creamer Media Reporter
Published on 10th March 2014
 

Eskom warns ‘tight’ system remains vulnerable to future emergencies Restricted

On the back of its first load-shedding event in over six years, Eskom has warned the system will remain constrained, saying on Friday that the risk of “emergency conditions” developing would remain well into April, owing to high levels of...
By: Creamer Media Reporter
Published on 7th March 2014
 

Coal dregs for Eskom Restricted

Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about State-owned power utility Eskom's low-grade coal supply, which is resulting in low efficiencies and high maintenance.
By: Creamer Media Reporter
Published on 6th March 2014
 

Resources Watch Restricted

A salary of R12 500 would force the closure of Impala’s Rustenburg mine. Ex-miners take steps to access R6-billion in unpaid benefits. And, eased exchange control opens the way for mining investment.
By: Creamer Media Reporter
Published on 6th March 2014
 

Cuesta hikes Moorlands coal project resource to 281Mt Restricted

ASX-listed Cuesta Coal has announced a 92% resource increase to 281-million tonnes at its flagship Moorlands thermal coal project, near Clermont, in Queensland. The company reported on Tuesday that the measured Joint Ore Reserves...
By: Creamer Media Reporter
Published on 4th March 2014
 

Fatality at Anglo’s Mponeng mine Restricted

JSE-listed gold mining major AngloGold Ashanti on Monday reported the death of an employee at its Mponeng mine in the Carletonville area, south-west of Johannesburg. Preliminary investigations indicated that the deceased, an electrician, was...
By: Creamer Media Reporter
Published on 4th March 2014
 

Nedbank appoints principal to focus on mining M&A in Africa Restricted

Nedbank Capital, the investment banking business of the Nedbank Group, has appointed Haaris Zafar principal for mining merger and acquisition (M&A) activity in Africa. The company said in a statement on Monday that Zafar, based at Nedbank’s...
By: Creamer Media Reporter
Published on 3rd March 2014
 

New coal mines needed Restricted

Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about the urgent need for new coal mines in South Africa.
By: Creamer Media Reporter
Published on 28th February 2014
 

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