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MINING PRODUCTIVITY

Miners need to reverse decade-long productivity decline

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Miners would need to radically transform their business models if they wanted to reverse the decade-long decline in productivity, a new report by professional services firm EY had found. ‘Productivity in mining: A case for broad...
25th July 2014
 
 
Corporate Social Responsibility

South American mining to reach 6.2% growth by 2017

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MAJOR CONTRIBUTOR
Brazil's mining industry contributes almost 40% of South America's total region revenue The South American mining industry will reach an estimated compound yearly growth rate of about 6.2% from 2012 to 2017, which will take the industry to a total value of $184.3-billion. Some of the world’s largest copper, bauxite, iron and nickel...
25th July 2014
 
 
RING OF FIRE

Noront appeals Ontario Mining Recorder ruling

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KWG's staked claims for a proposed railway corridor. Noront Resources, the proponent of what could possibly be one of the first projects to get off the ground in Ontario’s prospective Ring of Fire mining district, has launched an appeal to the province’s Mining and Lands Commissioner to set...
24th July 2014
 
 
EXPLORATION

Transition Metals and Nunavut Resources add prospective land to portfolio

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Canadian project generator Transition Metals on Wednesday announced that 433 km2 of high potential gold and base metal exploration properties had been acquired in Nunavut through its strategic alliance partnership with Nunavut Resources...
23rd July 2014
 
 
IRON-ORE

Kumba’s cash return to black shareholding now at astounding R23bn Video Available

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The cash return of Anglo American’s Kumba Iron Ore to its black shareholding since Kumba’s listing on the Johannesburg Stock Exchange in 2006 has risen to R23.5-billion, Kumba CFO Frikkie Kotzee revealed this week. Kumba subsidiary Sishen...
23rd July 2014
 
 
IRON-ORE

Kumba providing helping hand to up-and-coming BEE iron-ore juniors Video Available

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Kumba CEO Norman Mbazima South Africa’s biggest iron-ore mining company, Anglo American’s JSE-listed Kumba Iron Ore, is lending a helping hand to up-and-coming black economically empowered (BEE) iron-ore juniors in the Northern Cape and Limpopo provinces. Kumba CEO...
22nd July 2014
 
 
IRON-ORE

Kumba revenue up on rand weakness, dividend maintained

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The operational profit of JSE-listed Kumba Iron Ore fell 14% in the six months to June 30 on lower exports and the cost of increased mining activities. But revenue was up mainly on currency weakness and Kumba maintained its interim cash dividend...
22nd July 2014
 
 
GOLD

Two months since opening, Kibali on track to deliver 550 000 oz in 2014

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Kibali, DRC After the ceremonial opening of Kibali gold mine by the Democratic Republic of Congo’s (DRC’s) Mines Minister two months ago, developer and operator Rangold Resources on Monday said despite dealing with some ramp-up issues, the mine was on...
21st July 2014
 
 
 
 
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Kumba’s cash return to black shareholding now... Video
Kumba providing helping hand to up-and-coming... Video
First 4 000 calls come in for R5bn owed to 200... Video
Kumba’s return to black shareholding rises to... Video
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Aviation company offers solutions to indaba... Video
Union branch leader condemns mine hostel system... Video
Sibanye Gold hands over 100 family units to... Video
Mining’s fundamental business case needs... Video