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MINING INDUSTRY STANDARDS

Exploration and mining business reference model adopted as a technical standard

The Exploration and Mining Business Reference Model (EM Model) aimed at assisting companies in aligning their business and technical services, was approved as an Open Group technical standard last month – a decision which provides an official...
19th April 2013
 
Mining Services

Simulated mine shaft rig for full-load testing

Precision engineering firm Horne is to build a R5-million, 30-m-high test rig to enable full-load testing of its Levelok chairing and E-brake emergency mineshaft braking systems.
19th April 2013
 
Editorial Insight

What’s South Africa doing to become mining finance centre for Africa?

The Cameroon-Congo-Gabon region is being likened to Australia’s iron-ore-rich Pilbara and the coking-coal resources of Mozambique-South Africa-Zimbabwe to Australia’s Bowen Basin. It is said to be only a matter of time before the Democratic...
19th April 2013
 
COAL

CoAL appoints Investec’s Meeser as CFO

Coal of Africa (CoAL) has appointed Investec African project, infrastructure, commodity and resource finance division head Michael Meeser as CFO and executive director from June 1, the company said in a statement on Wednesday. Meeser is a...
17th April 2013
 
LITHIUM

Canada Lithium appoints new CFO, plant commissioning progressing

Toronto-listed Canada Lithium on Friday announced that VP for finance Halina McGregor has been appointed CFO to replace Germaine Coombs, who served as CFO during the company's transitional phase from exploration company to mine developer....
12th April 2013
 
PEOPLE

Uranium One appoints new executive VP, CFO

Canada’s Uranium One on Monday said it had appointed Grier Colter as the company's executive VP and CFO, to replace Graham du Preez who would be leaving the company to pursue other opportunities. The company said Colter had more than 15 years of...
8th April 2013
 
Creamer Media on SAfm

05/04/2013 (On-The-Air) Audio Available

The US’s new clean-energy centre in Johannesburg is a shot in the arm for renewable energy in Africa; The production lines for South Africa’s joint missile project with Brazil are beginning to take shape; and The confirmation of coking coal at...
5th April 2013
 
Corporate Social Responsibility

Platinum miners continue to enrich the lives of their workers

Following the success of platinum miner Impala Platinum’s (Implats’) Sunrise View housing project, in the north-eastern Rustenburg suburb of Boitekong, which entailed the provision of 1 700 housing units, the company launched the R40-million...
29th March 2013
 
Alcyone Resources Ltd

Company Announcement: A$10M Debt Financing Facility and Corporate Update PDF Available

Restructure of financial arrangements progressing to underpin silver producer’s growth strategy
28th March 2013
 
COAL

Resgen looks at new funding for A$530m mine

ASX- and JSE-listed Resource Generation (Resgen) on Tuesday announced that it was looking at alternative sources of funding to construct its Boikarabelo coal mine, in South Africa's Limpopo province. The miner said that it had received...
19th March 2013
 
Appointments

BC Iron MD steps down

Iron-ore miner BC Iron on Friday announced that MD Mike Young would be stepping down on May 10, to be replaced by current finance and executive director Morgan Ball. Young would remain on the BC Iron board as a nonexecutive director.
15th March 2013
 
MINING PERCEPTION

Mining industry challenges a global problem – Grant Thornton

The extensive challenges faced by South Africa’s mining industry were not unique to the country, a survey by assurance, tax and auditing firm Grant Thornton has found. The firm, which released the results of its first International Mining...
14th March 2013
 
 
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