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News This Week
 
DIAMONDS

Synthetics a major cause for concern for diamond dependent Botswana Restricted

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The Botswana Institute of Development and Policy Analysis, (Bidpa) has warned that countries in the Southern African Development Community (SADC) region will be affected by the increase in gem-quality synthetic diamonds, with Botswana to feel...
18th April 2014
 
 
PLATINUM-GROUP METALS

Two palladium ETFs list on JSE within one week Restricted

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PRECIOUS METALS INVESTMENT
Investors are also constantly aiming to diversify their portfolios and investing in precious metal commodities helps facilitate this
An increase in demand for precious metal exchange-traded funds (ETFs) from institutional investors has resulted in the listing of two palladium ETFs on the JSE in one week.
18th April 2014
 
 
UNDERGROUND MINING

‘Making a plan’ may help tackle problems but poses safety issues – CoM’s Phakathi Restricted

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SAFE WORKING CONDITIONS
Unofficial work practices, such as planisa, need to be incorporated when conceptualising factors that influence the organisation of work, safety and productivity in mining operations
Formalised work practices in the deep-level mining sector can benefit much from the informal working practice of making a plan, or planisa, South Africa Chamber of Mines (CoM) deputy head of safety and sustainable development Dr Sizwe Phakathi...
18th April 2014
 
 
Mozambique

Attack halts coal trains in central Mozambique Restricted

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The current insecurity in central Mozambique directly affected the country’s coal mining sector for the first time at the beginning of the month. A Vale Mozambique freight train, running from the company’s mine at Moatize, in Tete province, to...
11th April 2014
 
 
MATERIALS HANDLING

Babcock boosts crane hire fleet, opens new branch in Rustenburg Restricted

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Engineering support services company Babcock has made a major investment into its equipment hire fleet with a view to expanding its crane hire services into the mining sector this year.
11th April 2014
 
 
CONFLICT DIAMONDS

Belgium Parly adds its voice to NGOs’ rap of Kimberley Process Restricted

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STRICTLY CONTROLLED
More than 99.8% of all diamonds produced are certified by the Kimberley Process Certification Scheme
A motion for a resolution that assumes the Kimberley Process Certification Scheme (KPCS) – the supervisory body established to ensure conflict diamonds from entering the mainstream rough diamond market – has failed in combating the prevalence...
11th April 2014
 
 
MINERAL EXPLORATION

Initiatives under way to improve greenfield exploration in SA Restricted

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Four of South Africa’s greatest mineral deposits, namely the diamond fields of the Northern Cape, the Witwatersrand Basin, the Witbank-Middelburg coal field and the Bushveld Igneous Complex, all of which have been the bedrock of the country’s...
11th April 2014
 
 
MINING & THE ENVIRONMENT

Mintails spends R1.5bn on mine closures, budgets R85m for next 20 years Restricted

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MARK BRUNE 
There are about 5.5-billion tons of gold mine tailings spread over Johannesburg’s goldfields
South Africa-focused tailings extractor Mintails has, to date, invested R1.5-billion in its mine closure operations and expects to spend an additional R85-million on closure costs by the time it ceases its planned operation in 20 years.
11th April 2014
 
 
 
 
 
 
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