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Africa
 
GRAPHITE

Chinese flake graphite consolidation could alter global supply structure

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China has revealed plans to consolidate operations in the world’s most prolific flake graphite producing region – the Heilongjiang province, where most of the world’s battery raw material comes from – that could significantly alter the...
17th April 2014
 
 
MINERAL SANDS

Testwork confirms presence of heavy minerals at Moz play

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Metallurgical testwork at Savannah Resources’ Jangamo mineral sands project, in southern Mozambique, has confirmed the project’s potential to host a “major” heavy minerals system, outlining high-grade zones of heavy minerals with total...
17th April 2014
 
 
RESIGNATION

Wescoal CFO resigns

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JSE-listed Wescoal has announced the resignation of CFO Piet Janse van Rensburg, with effect from June 30. The company said in a statement on Thursday that it would start a process to identify a suitable successor and would notify the market once...
17th April 2014
 
 
IRON-ORE

Tawana says Liberia iron-ore scoping study ‘well advanced’

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ASX-listed Tawana Resources continues to advance a scoping study for its Mofe Creek iron-ore project, in Liberia, investigating the potential of a one-million-to two-million-ton-a-year early start-up project, as well as a potential larger, longer...
17th April 2014
 
 
GOLD

DRDGold appoints chartered accountant to board

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JSE-listed DRDGold has appointed chartered accountant Johan Holtzhausen as an independent nonexecutive director of the company.   Holtzhausen, who held a Bachelor of Science degree from the University of Stellenbosch and a Bachelor of Accounting...
17th April 2014
 
 
MINING INVESTMENT

Worrying technical corner-cutting needs to be nipped in bud – Mineral Corporation Video Available

0 COMMENTS
Worrying technical corner-cutting was sneaking into the mining industry and needed to be nipped in the bud, The Mineral Corporation MD Frank Gregory said on Thursday. Speaking to Mining Weekly Online in the attached video interview, the...
17th April 2014
 
 
PLATINUM

RBPlat blames safety stoppages for 10% output slump in Q1

0 COMMENTS
Royal Bafokeng Platinum’s (RBPlat’s) platinum production for the quarter ended March 31 dipped by 10% year-on-year, following a slow start in January after the December break and several safety stoppages in January. Section 54-related...
17th April 2014
 
 
DIAMONDS

Gemfields secures $15m unsecured loan from key shareholder

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Aim-listed Gemfields has inked a $15-million unsecured, 12-month working capital facility with specialist natural resources investment company and key shareholder Pallinghurst Resources, the funds of which will be used to “smooth" the company's...
17th April 2014
 
 
LABOUR

South African union, platinum bosses in fresh talks to end strike

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Labour Minister Mildred Oliphant The leaders of South Africa's striking mining union and the chief executives of the world's three biggest platinum producers were set to meet on Thursday, in a renewed drive to end a crippling strike entering its thirteenth week. "They will be...
17th April 2014
 
 
DISPUTES

Randgold and Exploration, PwC reach agreement over legal wrangle

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Minerals explorer Randgold & Exploration (R&E) and its former auditor PwC have concluded a settlement agreement in respect of a legal dispute arising from PwC's alleged failure to audit R&E properly, resulting in losses claimed by R&E, which are...
17th April 2014
 
 
GOLD

Perseus restarts Edikan

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Dual-listed gold miner Perseus Mining has restarted processing operations at its Edikan gold mine, in Ghana, seven days after a fire erupted at the plant. The fire started during scheduled maintenance and was brought under control within an hour....
17th April 2014
 
 
GRAPHITE

Energizer completes Madagascar graphite project consolidation

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Madagascar-focused project developer Energizer Resources on Wednesday announced that it had concluded a transaction that consolidated its full ownership in its flagship Molo graphite project, in the country. Toronto-based Energizer bought the...
16th April 2014
 
 
 
 
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