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IRON-ORE

Iron Road looks to optimise Central Eyre

Iron-ore developer Iron Road has undertaken an optimisation study on its flagship Central Eyre project, in South Australia, with the aim of increasing production from 21.5-million tonnes a year to 24-million tonnes a year. A previously conducted...
23rd July 2014
 
MINING EQUIPMENT

Manufacturing in the mining industry can yield economic growth

South Africa’s National Development Plan emphasises the critical and indispensable role of manufacturing as a key driver of economic growth, and a segment in which this country could achieve greater outcomes is the manufacture of mining...
27th June 2014
 
MINING EQUIPMENT

Manufacturing in the mining industry can yield economic growth

According to the South African National Development Plan, manufacturing plays a critical and indispensable role as a key driver of economic growth. As a result, the South African mining industry has bared witness to the benefits of manufacturing...
27th June 2014
 
FERROUS METALS – 1

Junior iron-ore miners finding it difficult to get project finance owing to price uncertainty

TIGHT CAPITAL MARKET
The average amount of capital raised by junior miners in 2013 was $1.6-million, which indicates the struggle for survival that most juniors are facing
The current iron-ore price uncertainty is a significant challenge for junior miners trying to obtain finance for their projects in Africa, International Finance Corporation (IFC) mining investment division senior investment officer Sacha Backes...
13th June 2014
 
Tenders

Africa

Tenders for work in the rest of Africa excluding South Africa
9th June 2014
 
IRON-ORE

African iron-ore juniors face funding woes

The current iron-ore price uncertainty was a significant challenge for junior miners trying to obtain finance for their projects in Africa, International Finance Corporation (IFC) mining investment division senior investment officer Sacha Backes...
5th June 2014
 
DIAMONDS

Namaqualand Mines acquisition to become effective end-Oct Video Available

Trans Hex CEO Llewellyn Delport The acquisition of De Beers Consolidated Mines’ (DBCM’s) Namaqualand Mines by JSE-listed Trans Hex’s 40%-owned subsidiary Emerald Panther Investments (EPI), was expected to become effective on October 31, Trans Hex CEO Llewellyn Delport said...
4th June 2014
 
ESKOM

Eskom execs forego bonuses ahead of likely request for more support

Eskom's Megawatt Park head office Senior executives at State-owned electricity supplier Eskom have agreed to forgo their bonuses for the financial year 2013/14 in light of the financial constraints afflicting the utility and ahead of possible Cabinet deliberations on additional...
4th June 2014
 
CABINET

Cabinet too big – Seifsa

Siefsa CEO Kaizer Nyatsumba President Jacob Zuma's new Cabinet is too big and will be too costly, the Steel and Engineering Industries Federation of Southern Africa (Seifsa) said on Monday. "While we understand that Cabinet appointments offer the president an opportunity to...
26th May 2014
 
Mining Personality

Guy Duport

Main Activity of the Company: Junior minerals exploration and exploitation company Date and Place of Birth: Janaury 30, 1963, Versailles, France Education: MA (Hon) European Commercial Law, currently doing MBA on Finance and Corporate Strategy...
16th May 2014
 
LABOUR

Informal sector job losses weigh on Q1 employment

An extensive loss of jobs in the informal sector led to a 0.6% expansion in unemployment to 25.2% during the first quarter of 2014, as the number of unemployed increased 4.9% quarter-on-quarter, the latest Statistics South Africa (Stats SA)...
5th May 2014
 
ESKOM

No finality on Eskom ‘support’, but DPE confirms immediate R25bn shortfall

Department of Public Enterprises (DPE) director-general Tshediso Matona confirms that the interdepartmental task team established to find a solution to Eskom’s financial problems has agreed that further support will be required. However, he says...
24th April 2014
 
 
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