GOLD 1293.67 $/ozChange: -10.53
PLATINUM 1468.50 $/ozChange: -13.00
R/$ exchange 10.49Change: 0.01
R/€ exchange 14.13Change: 0.00
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
Africa
 
PLATINUM

Implats warns of lower EPS, HEPS

0 COMMENTS
Platinum miner Impala Platinum (Implats) on Thursday warned that its earnings a share (EPS) and headline earnings a share (HEPS)  for the 2014 financial year would be more than 20% lower than those of the prior year. The five-month strike by...
24th July 2014
 
 
Strategic Framework

S African Cabinet approves five-year plan for NDP implementation

0 COMMENTS
Jeff Radebe Cabinet approved the five-year Medium-Term Strategic Framework (MTSF) of government on Wednesday, which would serve as the “building block towards the 2030 vision in the National Development Plan (NDP)”. The MTSF, which covers the period 2014...
24th July 2014
 
 
BENEFICIATION

Local beneficiation industry will create global competitive advantage – Davies

0 COMMENTS
Trade and Industry Minister Dr Rob Davies has re-emphasised government’s commitment to the creation of a viable local minerals beneficiation industry, saying the country could establish a competitive advantage in global markets by leveraging...
24th July 2014
 
 
OIL & GAS

Minister launches drill operation for first SA offshore deep-water well

0 COMMENTS
Mineral Resources Minister Advocate Ngoako Ramatlhodi on Thursday officially launched the drill operation for South Africa’s first offshore deep-water well, south of Mossel Bay. The well, which would be operated by petroleum company Total, gave...
24th July 2014
 
 
MINING EQUIPMENT

Caterpillar posts higher quarterly profit

0 COMMENTS
Caterpillar on Thursday reported higher-than-expected second-quarter earnings as a rebound in sales to builders offset a continued slump in the mining sector. The company, the world's largest maker of earth-moving equipment, posted a...
24th July 2014
 
 
PLATINUM GROUP METALS

Sylvania beats full-year output guidance, achieves Q4 record

0 COMMENTS
Sylvania CEO Terry McConnachie Low-cost platinum-group metals (PGM) processor Sylvania Platinum produced 53 808 oz of PGMs in the 2014 financial year, beating its forecast of 51 000 oz. Output for the year also represented a 22% increase on the 44 095 oz produced in the...
24th July 2014
 
 
LABOUR

Ramaphosa hints at labour reforms in wake of strikes

0 COMMENTS
Deputy President Cyril Ramaphosa South Africa should adjust labour laws so union members have to vote before striking, Deputy President Cyril Ramaphosa said on Thursday, suggesting the government may push ahead with reforms to curb damaging industrial action. The longest and...
24th July 2014
 
 
PLATINUM

Higher PGM prices needed for Aquarius to offset wage hikes – analysts

0 COMMENTS
Strong operational results and marginal cash cost increases during the quarter ended June 30 had kept Aquarius Platinum broadly cash neutral; however, the platinum group metals (PGM) price basket would need to rise for the dual-listed group to...
24th July 2014
 
 
MINING SERVICES

Mining project studies on the increase – DRA Video Available

0 COMMENTS
The awarding of studies for potential mining projects is on the increase, says DRA CEO Paul Thomson, who spoke to Mining Weekly Online on the eve of his company’s thirtieth anniversary celebrations. The head of the 3 000-employee project house,...
24th July 2014
 
 
URANIUM

Paladin refinances Namibia mine as it wraps up minority sale

0 COMMENTS
Uranium miner Paladin Energy has finalised the sale of a minority interest in its Langer Heinrich operation, in Namibia, and is now using the money to refinance the project’s finance facility. Paladin has sold a 25% stake in the uranium project...
24th July 2014
 
 
MANGANESE

BHP Billiton, Anglo American seek to sell joint manganese assets – WSJ

0 COMMENTS
BHP Billiton Plc and Anglo American Plc are looking to sell their jointly owned manganese assets portfolio in South Africa and Australia, the Wall Street Journal reported, citing people familiar with the matter. The newspaper said the assets...
24th July 2014
 
 
DIVERSIFIED MINER

Freeport-McMoRan reports improved Q2 revenues

0 COMMENTS
Grasberg, Indonesia US diversified miner Freeport-McMoRan on Wednesday reported improved revenues for the three months ended June 30, as the company’s diversification into oil and gas exploration and production was paying off. The Phoenix, Arizona-based global...
23rd July 2014
 
 
 
 
Topics in these articles
City Company Continent Country
Facility Industry Term Person Region
Technology Natural Feature Currency Product
 
 
 
Africa Multimedia
image
VIDEO
image
View all
 
 
Mining project studies on the increase – DRA Video
Kumba’s cash return to black shareholding now... Video
Kumba providing helping hand to up-and-coming... Video
Amplats capitalising mechanised mines, may... Video
Aviation hitech flying into South African... Video
Mining needs quantum change – SAIMM Video
State mulling Eskom’s ‘comprehensive... Video
60 000 ex-mineworkers come forward to claim... Video
Top-level intervention needed to salvage Anglo,... Video
image
Audio
image
View all
 
 
Underground coal gasification has key... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio
GFMS predicts new gold highs in 2010,... Audio
IFC wants to get in early on... Audio