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Electra Mining

Anglo American Thermal Coal acquires first MSR 060V

Anglo American Thermal Coal’s Landau colliery, near Witbank, Mpumalanga, has recently expanded its movement and surveying radar fleet Anglo American Thermal Coal’s Landau colliery, near Witbank, Mpumalanga, has recently expanded its movement and surveying radar (MSR) fleet with the addition of a number of MSR 060Vs.
29th August 2014
 
APPOINTMENT

SABMiller appoints Rio Tinto's Du Plessis as chairperson designate

Jan du Plessis JSE-listed brewer SABMiller announced on Wednesday that Rio Tinto chairperson Jan du Plessis would join its board as nonexecutive director in September and would take over as chairperson of the group in 2015. He would succeed current chairperson...
6th August 2014
 
Mining Services

Dust solution for reduced maintenance

DUST CONTROL
 While water is most commonly used as a dust suppressant, it is severely limited in terms of its effectiveness Pretoria-based environmental management company I-Cat Environmental Solutions has supplied its 100% environment-friendly dust-suppression technology, RDC 20, to several mining operations across Africa, says nonexecutive director Professor Jan du...
20th June 2014
 
DIVERSIFIED MINER

Rio Tinto warns of continued volatility

Diversified miner Rio Tinto expects volatility to continue in the short to medium term, despite bright spots emerging in some parts of the world, chairperson Jan du Plessis said at the company’s annual general meeting in Melbourne, Australia....
8th May 2014
 
DIVERSIFIED MINER

Rio Tinto announces two board appointments

Mining giant Rio Tinto has appointed Anne Lauvergeon and Simon Thompson as non-executive directors to its boards, with both also appointed to the sustainability and nominations committees. Lauvergeon, who will assume her role on March 15, has...
6th March 2014
 
DIVERSIFIED MINERS

Rio Tinto H1 earnings down amid softer commodity prices

Lower commodity prices in the six months to June 30 contributed to diversified mining giant Rio Tinto reporting lower earnings for the period. The group on Thursday posted a 71% drop in first-half net earnings to $1.72-billion, compared with net...
8th August 2013
 
DIVERSIFIED MINER

Walsh sets stringent cost control measures as Rio posts $2.9bn net loss

Sam Walsh Mining giant Rio Tinto’s new CEO Sam Walsh on Thursday set out stringent cost control measures in an effort to return shareholder value. “Under my leadership, Rio will have an unrelenting focus on pursuing greater value for shareholders. To...
14th February 2013
 
Rio Tinto plc

Company Announcement: Rio Tinto impairments and management changes PDF Available

Rio Tinto expects to recognise a non-cash impairment charge of approximately US$14 billion in its 2012 full year results
17th January 2013
 
DIVERSIFIED MINER

Rio's Albanese steps down as impairments weigh on company

Tom Albanese Mining giant Rio Tinto on Thursday made the shock announcement that CEO Tom Albanese would step down after the company reported a $14-billion impairment for 2012. Iron-ore chief Sam Walsh has been appointed as his successor, effective immediately.
17th January 2013
 
DIVERSIFIED MINER

Petmin says market remains depressed, posts R112.7m profit

JSE- and Aim-listed Petmin is expecting improved production and sales volumes from its flagship Somkhele operation in the 2013 financial year, but said the anthracite mine would operate below capacity as a result of depressed market conditions....
19th September 2012
 
Electra Mining

Labtech Africa a leading supplier of sampling and sample preparation equipment Video Available

Labtech Africa was established in February 2001 as a leading supplier of sampling and sample preparation equipment throughout Africa, including South Africa. Through sustained design and delivery of cutting edge technology, Labtech Africa is able...
30th August 2012
 
DIVERSIFIED MINERS

Rio Tinto’s 2012 capex plan remains in place despite lower profit

Diversified mining giant Rio Tinto would still stick to its $16-billion capital expenditure plan for 2012, despite reporting an earnings drop on the back of lower prices, CEO Tom Albanese said on Wednesday. First-half underlying earnings declined...
8th August 2012
 
 
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