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COPPER

Panoro projects progress as Peru seeks to double copper output

King copper’s crown recently slipped in Peru; formally the second-largest producer of the red metal, the country was pushed into third place by China during 2011, according to the International Copper Study Group’s 2012 fact book. Peru is...
16th May 2013
 
News This Week

Creamer Media publishes African Mining Roundup for April 2013 research report

This month’s report includes details of Canadian gold miner Kinross Gold’s prefeasibility study to expand its Tasiast gold mine, in Mauritania; Aim-listed Weatherly International’s environmental clearance for its Namibian Tschudi copper...
15th May 2013
 
CORPORATE ACTIVITY

Plains CEO urges shareholders to back Freeport deal

The CE of Plains Exploration & Production Co urged shareholders on Monday to vote in favour of Freeport McMoRan Copper & Gold Inc's proposed takeover of the energy company. The open letter from CEO James Flores follows recommendations by two...
14th May 2013
 
MINING & ENERGY

Amplats considers introducing solar power at mines

Platinum producer Anglo American Platinum (Amplats) has called for expressions of interests (EoI) from independent power producers for the supply of electric power for its operations. The company, which aimed to enter into a long-term power...
10th May 2013
 
Mozambique

Natural resources continue to drive Mozambican economy and attract foreign interest

Foreign direct investment (FDI) in Mozambique hit a record level last year, with most of it directed at the natural resources sector, the Bank of Mozambique has revealed. The FDI figure for 2012 was $5.218-billion, more than double the amount of...
10th May 2013
 
OIL

Petronas bolsters Brazil's Batista with $850m oil-field buy

Malaysian state oil company Petronas agreed to pay $850-million for a stake in two Brazilian offshore oil blocks, bolstering billionaire Eike Batista who is selling assets to keep his energy, mining, port and shipbuilding empire afloat. Petronas,...
9th May 2013
 
DIVERSIFIED MINERS

Market cap of Deloitte WA Index companies down to A$142.5bn in April

Advisory firm Deloitte on Tuesday reported that the market capitalisation of Western Australia-listed companies that comprise the Deloitte WA Index fell by 2.6% to close April at A$142.5-billion. This continued downward trajectory, following a...
7th May 2013
 
Bigen Africa Partnership Conference

Company Announcement: Partnership ethos marketed to best-of-breed PDF Available

The first Bigen Africa Partnership Conference was held in March at the CSIR conference facility in Pretoria – attended by hand-picked stakeholders and potential partners from across the globe
6th May 2013
 
CLEAN TECHNOLOGY

PM announces support for 55 innovative clean-energy projects

Prime Minister Stephen Harper on Friday announced support for 55 innovative new projects aimed at producing and using energy in a cleaner, more efficient way. This support was being provided through the Canadian government’s ecoENERGY...
3rd May 2013
 
Creamer Media on SAfm

03/05/2013 (On-The-Air) Audio Available

Anglo American’s much-publicised private power project has been put on hold; Steps are being taken to entrench Ekurhuleni on the East Rand as the workshop of the African continent; and A new R500-million investment is strengthening the Western...
3rd May 2013
 
Mining Personality

Phuti Mahanyele

Position: CEO of Shanduka Group since 2010; also deputy chairperson, Pan African Resources plc; nonexecutive director, Lonmin plc
3rd May 2013
 
Coal – 1

Vale seeks peace with potters, continues training Mozambicans

Brazilian mining group Vale has been negotiating with potters who blockaded its Moatize coal mine in the Tete province of Mozambique for about 24 hours in the middle of last month, the Mozambican newspaper O País reported recently. The potters...
3rd May 2013
 
 
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Mining doomed if ‘crazy’ pay increases... Video
Second Take: Botswana–SA coal rail link Video
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