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Diversified Miners
 
DIVERSIFIED MINERS

Exxaro to write down RoC asset for R5.8bn

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Diversified mining giant Exxaro said on Wednesday that the pre-tax impairment of the company’s investment in the Mayoko iron-ore project, in the Republic of Congo (RoC), had been concluded, with the impairment loss amounting to R5.8-billion....
30th July 2014
 
 
LEAD & ZINC

North River’s Namib mine gets enviro nod

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North River Resources has been granted environmental clearance by the Namibia Ministry of Environment and Tourism for the environmental assessment and management plan for the proposed recommissioning of its Namib lead/zinc mine. This came after...
30th July 2014
 
 
DIIVERSIFIED MINERS

Ortac awaits results from Yacob Dewar trenching programme

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Aim-listed exploration and development company Ortac Resources’ exploration partner, Andiamo Exploration, has completed a surface trenching programme at the Yacob Dewar deposit in Eritrea. The trenching programme was carried out along the entire...
30th July 2014
 
 
LABOUR

Debate on length of strikes needed – Mantashe

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ANC secretary general Gwede Mantashe Society needs to debate solutions to strikes that last too long, ANC secretary general Gwede Mantashe said on Tuesday. "Such a debate must not be seen as an attack on workers' rights and an affront on the right to strike but rather an important...
29th July 2014
 
 
POTASH

Drilling at African Potash’s ROC project to start

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After last month appointing Italian firm RCT to undertake a maiden 1 000 m diamond drill programme at its Lac Dinga project, in the Democratic Republic of Congo (DRC), Aim-listed African Potash said on Monday that the rig had now been mobilised...
28th July 2014
 
 
DIVERSIFIED MINER

BHP plans 3-year Olympic Dam process trial from late 2016

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BHP Billiton plans to run a three-year trial of a potentially cheaper way of processing copper and uranium from its massive Olympic Dam mine in Australia from late 2016, it said on Monday. The proposal is BHP's first indication of expansion...
28th July 2014
 
 
METALS

Strong production quarter for Independence

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ASX-listed Independence Group has reported an increase in gold, zinc and copper production during the three months to June, as the Tropicana gold project continued to ramp up and its Jaguar operation increased grades. Independence on Monday...
28th July 2014
 
 
COPPER

Congo president fires CEO of State miner Gecamines for 'gross negligence'

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Democratic Republic of Congo's President Joseph Kabila has fired the chief executive of the country's State mining company Gecamines for "gross negligence", according to a presidential decree read out on the state television channel. Government...
28th July 2014
 
 
 
 
 
 
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