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MERGERS & ACQUISITIONS

Jubilee, Platinum Australia again extend merger completion date

Aim- and JSE-listed Jubilee Platinum and ASX-listed Platinum Australia had again extended the heads of agreement (HoA) for the possible merging of the two mining companies until February 15. The parties had agreed to extend the agreement...
5th February 2013
 
Diversified Miners

EIA under way for new tailings dam – Phoenix Platinum

Precious metals miner Pan African Resources has started with an environmental impact assessment (EIA) amid plans to construct a long-term offsite tailings dam for its Phoenix Platinum chrome tailings retreatment plant (CTRP) in the North West...
1st February 2013
 
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Dutwa nickel laterite project, Tanzania Restricted

African Eagle has reported substantial progress at its Dutwa project.
25th January 2013
 
Creamer Media on SAfm

18/01/2013 (On-The-Air) Audio Available

The world is recycling four times more platinum than in the past, which is slashing demand for mined platinum; Anglo American Platinum is putting its head on the block – it is offering to upskill and provide a new non-mining job to each and...
18th January 2013
 
Nickel

African Eagle declares 27Mt maiden resource estimate at Zanzui

JOHANNESBURG (miningweekly.com) – JSE- and Aim-listed nickel exploration and development company African Eagle Resources on Tuesday announced a maiden Joint Ore Reserves Committee- (JORC-) compliant inferred resource of 27-million tons at its...
8th January 2013
 
COPPER

World copper refining fees set to rise in 2013 -Aurubis

Global copper ore treatment and refining charges (TC/RCs) for annual contracts are likely to rise in 2013 but talks about new year deals are making slow progress, Europe's biggest copper smelter Aurubis said on Friday. "The various TC/RC targets...
21st December 2012
 
PLATINUM

Jubilee, Platinum Australia conclude toll agreement

Aim- and JSE-listed Jubilee has announced the conclusion of an agreement for the toll processing of Dilokong chrome mine platinum-bearing tailings using the concentrator at Platinum Australia’s Smokey Hills operation. Jubilee had an exclusive...
14th December 2012
 
Anglo American Platinum

Amplats strike impacts on 2013 supply Video Available

Prolonged wildcat strikes at Anglo American Platinum’s (Amplats’) projects in the last quarter of 2012 will contribute to an estimated 191 359 oz platinum deficit, with South Africa’s largest platinum provider having lost about 3 613 oz/d...
14th December 2012
 
TIN

Miners struggle to fund tin projects, deeper shortages loom

Companies seeking to build new tin mines are struggling to finance the projects, which could deepen shortages in a market that is already in deficit and exacerbate price moves that are already volatile. Financing any new mine has become difficult...
11th December 2012
 
Breaking News

Sutter Gold prepares for first pour in historic mining district

California’s glory days as a world-leading gold-producing region are long gone. Or are they? With the gold upside still very much in play, mines long thought played out or considered uneconomic are being reassessed. But unlike the stampede of...
4th December 2012
 
Digging Deep - Jade Davenport

‘Gold! Gold! Gold on the American river’

On a fine spring morning in 1848 Samuel Brannan, an American settler, entrepreneur and journalist, paraded through the streets of the tiny village of San Francisco brandishing a small bottle of gold dust shouting, “Gold! Gold! Gold in the...
23rd November 2012
 
SILVER

Investors showing more interest in silver, says GFMS report

While investors were reluctant to get back into silver, after getting “badly burned” by the price slide last May, precious metals consultancy GFMS said that investment demand had recovered since mid-August. In its ‘Interim Silver Market...
19th November 2012
 
 
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