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Palabora Mining Company
 
Base Metals

Copper from other African mines can help SA industry

NECESSARY SUPPLY
South Africa needs to look to African copper mines for future copper supply
As South Africa’s primary copper reserves are slowly being depleted, the country will need assistance from other African copper mines – particularly those in the Copperbelt region – for additional supply, says Copper Development Association...
18th April 2014
 
All

Masonini Iron Beneficiation commercial plant, South Africa Restricted

The first briquettes have been pressed.
21st March 2014
 
All

Lift II copper project, South Africa Restricted

The Lift II project has progressed from the prefeasibility study to the feasibility study stage.
14th February 2014
 
COPPER

Palabora Copper to progress Lift II project to FS stage

JSE-listed Palabora Mining Company announced on Tuesday that it would provide its subsidiary Palabora Copper with R350-million in financial assistance in terms of a shareholders' agreement between the parties. The board of Palabora and Palabora...
3rd December 2013
 
ACQUISITIONS

Palabora will not extend consortium acquisition date

The Palabora Mining Company (PMC) has confirmed in a statement that the closing date of the acquisition offer by a group of companies led by Rio Tinto South Africa (RTSA) would not be extended, reminding shareholders that the offer would only...
29th November 2013
 
COPPER

Majority of PMC shareholders approve consortium share offer

The bulk of shareholders of the Palabora Mining Company (PMC) have accepted a share purchase offer by a consortium represented by Rio Tinto South Africa (RTSA), which has resulted in RTSA now holding 96.9% of the copper producer’s share capital....
15th November 2013
 
Base Metals

Rural cooperatives benefit from antimicrobial copper

Social arm of the Palabora Mining Company, the Palabora Foundation, has addressed concerns raised in recent years about the potential for bacteria from marula nuts being transferred to oil extracted during the cracking process. In a novel...
16th August 2013
 
Mining in Africa

Mining companies face challenges in Africa

Despite the progress of African mining operations, they also face significant challenges, global consulting firm Accenture African mining lead Duncan Sloan tells Mining Weekly. Mining operations in sub-Saharan Africa (SSA) are being hamstrung by a...
12th July 2013
 
M&A

Commission recommends conditional approval of Rio Tinto deal

The Competition Commission has recommended conditional approval of the proposed acquistion of the entire shareholding of Rio Tinto South Africa by the Industrial Development Corporation (IDC) and a Chinese consortium. The consortium comprised...
4th July 2013
 
All

Iron-from-waste prototype project, South Africa Restricted

Commercialisation of the Finesmelt technology appears imminent.
14th June 2013
 
Copper

New tyre handler forklift to assist copper mine

Limpopo-based copper miner Palabora Mining Company (PMC), has taken delivery of a new heavy-duty TCM 13.5 t tyre handler forklift truck, designed for demanding materials handling tasks on mines, from equipment supplier Criterion Equipment – a...
31st May 2013
 
CORPORATE ACTIVITY

Palabora sale to China-led consortium seen as part of SA’s steel ambitions

Mining majors Rio Tinto and Anglo American announced on Tuesday that they would sell a 74.5% shareholding in the Palabora Mining Company to a consortium of South African and Chinese entities in a deal valuing the JSE-listed copper and magnetite...
11th December 2012
 
 
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