GOLD 1266.60 $/ozChange: 1.73
PLATINUM 1410.50 $/ozChange: 1.50
R/$ exchange 10.74Change: -0.07
R/€ exchange 14.11Change: -0.09
 
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
 
 
 
 
 
COAL
 
Resources Watch
PRINT
 
Resources Watch
media
 
previous next
 
Embed Code Close
content
 
28th August 2014
TEXT SIZE
Text Smaller Disabled Text Bigger
 

Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:
Transnet and Eskom offer a coal boost for the black-controlled Exxaro.
Gold Fields pilots two new mining methods at South Deep.
And, more than 90% of South Africa’s seismic events are mining related.

State enterprises Transnet and Eskom have come to the party for black-controlled Exxaro Resources in the half-year to June 30, with more coal trains from Transnet to the Waterberg coalfield and a coal supply settlement with Eskom at the delayed Medupi power station project in Limpopo, which have given the JSE-listed company a twofold boost.

Exxaro CEO Sipho Nkosi

Gold miner Gold Fields aims to pilot two new mining methods at its South Deep mine, in Gauteng, over the next 12 months, with the potential to enable the mine to reach its envisaged steady-state output of between 650 000 and 700 000 ounces a year more quickly and easily.

Gold Fields CEO Nick Holland

While more than 90% of South Africa’s seismic events are mining related, this does not mean all of these events are mining induced.

CSIR research chair in exploration, earthquakes and mining

For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

Edited by: Shannon de Ryhove

 

To subscribe to Mining Weekly's print magazine email subscriptions@creamermedia.co.za or buy now.

FULL Access to Mining Weekly and Engineering News - Subscribe Now!
Subscribe Now Login