GOLD 1294.90 $/ozChange: -0.67
PLATINUM 1413.00 $/ozChange: -15.50
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Permanent mining exhibition opened at Sci-Bono

The interactive exhibit was built in-house by Sci-Bono 
Southern African Institute of Mining and Metallurgy (SAIMM) president Marek Dworzanowski says “the mining industry in South Africa still has a bright future ahead of it”.
18th April 2014
Mining Services

Shaft-sinking specialist awarded work at platinum mine

Additional shaft-sinking work was awarded early this year to international shaft sinking and underground construction group Shaft Sinkers by platinum producer Lonmin for work at its existing Karee 3 upper group two (UG2) project in Marikana,...
18th April 2014
Base Metals


IN PROGRESS A laboratory container conversion Established in 2007, Johannesburg-based mining laboratory services provider Tramecon provides turnkey laboratory solutions to new mining projects, including workload determination, staff training, laboratory design commissioning and management....
18th April 2014
Editorial Insight

Zimbabwe to settle gold debts, Malawi shows off its minerals, permanent mining show opens

Zimbabwe moves to pay what it owes to gold miners; Malawi want sto attract mining through State exploration; and a permanent mining show opens in Joburg.
18th April 2014

Testwork confirms presence of heavy minerals at Moz play

Metallurgical testwork at Savannah Resources’ Jangamo mineral sands project, in southern Mozambique, has confirmed the project’s potential to host a “major” heavy minerals system, outlining high-grade zones of heavy minerals with total...
17th April 2014

Wescoal CFO resigns

JSE-listed Wescoal has announced the resignation of CFO Piet Janse van Rensburg, with effect from June 30. The company said in a statement on Thursday that it would start a process to identify a suitable successor and would notify the market once...
17th April 2014

Tawana says Liberia iron-ore scoping study ‘well advanced’

ASX-listed Tawana Resources continues to advance a scoping study for its Mofe Creek iron-ore project, in Liberia, investigating the potential of a one-million-to two-million-ton-a-year early start-up project, as well as a potential larger, longer...
17th April 2014

DRDGold appoints chartered accountant to board

JSE-listed DRDGold has appointed chartered accountant Johan Holtzhausen as an independent nonexecutive director of the company.   Holtzhausen, who held a Bachelor of Science degree from the University of Stellenbosch and a Bachelor of Accounting...
17th April 2014

RBPlat blames safety stoppages for 10% output slump in Q1

Royal Bafokeng Platinum’s (RBPlat’s) platinum production for the quarter ended March 31 dipped by 10% year-on-year, following a slow start in January after the December break and several safety stoppages in January. Section 54-related...
17th April 2014

Gemfields secures $15m unsecured loan from key shareholder

Aim-listed Gemfields has inked a $15-million unsecured, 12-month working capital facility with specialist natural resources investment company and key shareholder Pallinghurst Resources, the funds of which will be used to “smooth" the company's...
17th April 2014

South African union, platinum bosses in fresh talks to end strike

Labour Minister Mildred Oliphant The leaders of South Africa's striking mining union and the chief executives of the world's three biggest platinum producers were set to meet on Thursday, in a renewed drive to end a crippling strike entering its thirteenth week. "They will be...
17th April 2014

Gold price to average $1 225/oz in 2014 – GFMS

Weighing up the factors impacting the gold market this year, 2014 looks set to be a second year of price decline for gold, with precious metals consultancy Thomson Reuters GFMS continuing to forecast an average of $1 225/oz for the year. The...
17th April 2014
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