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Mining Indaba
 
IRON-ORE

Rio Tinto committed to big Guinea iron-ore development – exec Restricted

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Diversified miner Rio Tinto’s CEO of diamonds and minerals, Alan Davies, has recommitted the company’s development intentions for the Simandou iron-ore project, in Guinea. Speaking at the second day of the Mining Indaba, in Cape Town, Davies...
5th February 2014
 
 
LEGISLATIVE ENVIRONMENT

Separating mining from oil, gas unwise – Minister Restricted

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Mineral Resources Minister Susan Shabangu Separating oil and gas from mining in the Minerals and Petroleum Resources Development Act (MPRDA) Amendment Bill framework would be unwise, Mineral Resources Minister Susan Shabangu said in response to calls for this by Democratic Alliance shadow...
5th February 2014
 
 
PLATINUM

Lonmin takes stock, highlights focus on improving living conditions Restricted

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Lonmin CEO Ben Magara About 80% of the global reserves of platinum are in South Africa, but the market share has dwindled to 53% currently, owing to a fall in mining production, subdued platinum prices and social and economic unrest. A battery of challenges has hit the...
4th February 2014
 
 
LEGISLATIVE ENVIRONMENT

Still serious problems with mining Bill – Leon Restricted

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There were still serious problems with the Minerals and Petroleum Resources Development Act (MPRDA) Amendment Bill still before Parliament, Webber Wentzel mining head Peter Leon said on Tuesday. The Bill is due to be sent back to the mining...
4th February 2014
 
 
LABOUR

Platinum strikes costing SA R400-million a day Restricted

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Chamber of Mines COO Roger Baxter The strikes in South Africa’s platinum sector are costing South Africa R400-million a day, taking into account the multiplier effect on the economy, says Chamber of Mines (CoM) COO Roger Baxter. “The strikes are costing the industry about...
4th February 2014
 
 
OIL & GAS

Splitting oil and gas out of MPRDA makes sense – DA shadow minister of mineral resources Restricted

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Splitting out oil and gas from the proposed amendments of the Minerals and Petroleum Resources Development Act (MPRDA) would be a progressive move by government, Democratic Alliance (DA) shadow minister of mineral resources James Lorimer said, but...
4th February 2014
 
 
MANGANESE

Kalagadi Manganese secures R2.2bn bank loan Restricted

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Integrated manganese developer Kalagadi Manganese has secured a R2.2-billion ($202-million) loan from the African Development Bank for its mine, sinter plant and part of the proposed smelter complex. African Development Bank group CEO Haidara...
4th February 2014
 
 
LEGISLATIVE ENVIRONMENT

5% of payroll for skills development – Minister Restricted

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Minerals Minister Susan Shabangu The mining industry had agreed to contribute 5% of payroll for skills development, Minerals Minister Susan Shabangu said on Tuesday. Shabangu, who was delivering the opening address at the Investing In African Mining Indaba, said the proceeds...
4th February 2014
 
 
 
 
 
 
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Historian publishes a history of SA mining Video
SA’s newest coal mine to reach full... Video
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Chinese investment potential... Audio