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Topic - Mining Weekly
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Nov 10, 2014
Dear The annual Investing in African Mining Indaba will take place in Cape Town from 9 to 12 February 2015.
May 25, 2014
  Dear Reader
Dec 04, 2013
India has offered mining giant BHP Billiton a collaboration with domestic exploration and production (E&P) major ONGC Limited as an option to lure the major back to the nine oil and gas block it relinquished by in October. India’s Petroleum and Natural Gas Ministry...
Dec 04, 2013
Subscribe to the website and print editions of Mining Weekly at a 50% discounted rate. A subscription, at R440 (US$170) includes the following benefits: All Mining Weekly content Access to all search results Access to the Projects Browser The weekly editions of...
Jul 23, 2013
The iron-ore rich, southern Indian province of Karnataka was considering restricting the issue of fresh mining leases to allow for captive ore use by steel mills. According to an official of the provincial government of Karnataka, mining leases which had been...
Apr 26, 2013
The Indian government is exploring mechanisms for pooling the free cash reserves of government-owned mineral and mining companies to acquire mineral and energy assets overseas. The new proposal followed the government’s rejection of floating a dollar-denominated...
Mar 01, 2013
Allowing South African companies to migrate to global stock exchanges has impacted negatively on South Africa’s own exchange, African National Congress (ANC) secretary-general Gwede Mantashe contends. In a guest column in the latest edition of Mining Weekly,...
Jan 23, 2013
South Africa’s hard-pressed mineworkers – like sisters in the popular dance song – are now "doin' it for themselves", lifting themselves up by their own dusty bootstraps into a new era of affordable self-education and training. The hitherto-low-profile Mineworkers...
Sep 06, 2012
Dec 15, 2011
Nov 17, 2011
Oct 19, 2011
 
 
 
Sep 02, 2011
Aug 26, 2011
Jun 15, 2009
Diversified miner BHP Billiton has started a consultation process with employees and labour unions regarding the retrenchment of 150 employees at Samancor Manganese’s Hotazel Manganese Mines (HMM), spokesperson Bronwyn Wilkinson confirmed on Monday. “The global...
Jun 12, 2009
Shares in Vancouver-based Uranium One rose 6,3% on Friday, to C$2,85 apiece by 10:50 in Toronto, after Kazakh State-owned uranium miner Kazatomprom said that it would honour existing agreements with foreign partners, including Uranium One. Last month, the company's...
Jun 12, 2009
A decision on the future of gold junior Pamodozi Gold’s Free State operations would only be made in about ten days time, as provisional liquidators SBT Trust could not come to a concrete decision at Thursday’s meeting. Speaking to Mining Weekly Online on Friday,...
Jun 12, 2009
Jun 11, 2009
The provisional liquidators of struggling gold producer Pamodzi Gold, the SBT Trust, had met on Thursday to decide on the future of the Free State operations. Before the meeting started on Thursday afternoon, provisional liquidator Enver Motala told Mining Weekly...
Jun 10, 2009
A South African Parliamentary committee on Wednesday proposed that the country’s mining laws be improved to include legislation that governs illegal mining. There was currently no legislation that criminalised illegal mining. Illegal miners were charged with...
Jun 08, 2009
AngloGold Ashanti's Cerro Vanguardia mine, in the Argentine province of Santa Cruz, continues to pursue legal action against a new mineral export tax imposed by the country's government in December 2007, and is hoping to see the situation resolved, the mine's GM,...
Jun 08, 2009
Gold producer Harmony has confirmed that the number of illegal miner fatalities at its abandoned Eland shaft had reached 82, after another body was found on Monday morning. Five bodies of trespassing miners had been brought to surface on Saturday, Harmony COO Tom...
 
 
 
 
Jun 08, 2009
The provisional liquidators for struggling gold company Pamodzi Gold will allow parties to submit bids for the firm’s East Rand operations until June 19. The closing date for bids for the junior miner’s two other operations – the Free State assets and Orkney mine –...
Jun 05, 2009
South African miner Harmony Gold would suspend 57 of its permanent staff at its Free State operations for illegally processing gold, COO Tom Smith said on Friday. He told Mining Weekly Online that security systems within the Free State operations had detected the...
Jun 05, 2009
Jun 05, 2009
After a tumultuous first year or so at the helm, delivering solid good news to the market in the early part of this year was like a novel but highly gratifying experience for Uranium One CEO Jean Nortier. The Vancouver-based miner, which reported a spate of...
Jun 05, 2009
Jun 05, 2009
MiningWeekly.com has launched a new research area geared at making quality mining news and information available to users at the click of a button. Known as MiningWeekly.com Research, the product consists of in-depth research reports on selected mining sectors,...
Jun 03, 2009
The Provisional liquidators for struggling gold producer Pamodzi Gold, the SBT Trust, on Wednesday confirmed that Harmony Gold had made a bid for the junior company’s Free State operations. Provisional liquidator Enver Motala told Mining Weekly Online that the group...
Jun 01, 2009
Criminal charges have been laid against 294 illegal miners at one of South African gold major Harmony Gold’s old shafts, while 36 bodies had been recovered at the shaft. Harmony reported on Monday that 294 illegal miners had been brought to surface at its Eland...
Jun 01, 2009
The Zimbabwe government says it will soon impose a law to ban the export of raw chrome. It will hold a follow-up meeting with producers and chromite exporters to explain its position – the key element of which is a statutory insistence on value addition to the...
May 29, 2009
 
 
 
 
May 29, 2009
May 28, 2009
The North Gauteng High Court, in Pretoria, has extended the return dates for the provisional liquidation orders against cash-constrained Pamodzi Gold’s Orkney, Free State and East Rand operations until September 1. Joint provisional liquidator Enver Motala of SBT...
May 28, 2009
Uranium miner Uranium One, which watched its stock drop almost 40% in Toronto on Wednesday, regained some lost ground on Thursday. Shares in Uranium One rose 21% to C$2,42 apiece by 15:59 ET.
May 28, 2009
The share price of Uranium One fell by as much as 19% in Johannesburg on Thursday morning, after reports out of Kazakhstan on Wednesday that some uranium deposits had been sold illegally. Uranium One traded 13,5% lower at R16 a share on the JSE by 09:40 local time,...
May 27, 2009
A settlement between Rio Tinto and Japanese steelmakers to cut iron-ore prices by one-third might not bode well for South African producer Kumba Iron Ore (KIO) when it negotiates prices with its customers later in the year, analysts said on Wednesday. The world’s...
May 25, 2009
South Africa’s mining industry has reported more fatal accidents, bringing the number of mine deaths to nine in just over a week. The gold mining sector accounted for seven of the fatal accidents, while two workers were killed in platinum mines between last Monday...
May 22, 2009
May 22, 2009
Diversified giant BHP Billiton on Friday confirmed that it had initiated plans to develop a second uranium mine in Australia. BHP spokesperson Illtud Harri told Mining Weekly Online that the miner currently planned to start project construction on the Yeelirrie...
May 22, 2009
May 21, 2009
An eight hour strike last week by mine workers in the Argentine province of Santa Cruz did not have any material impact on production levels, a senior industry official told Mining Weekly Online. “The work and production were not affected, at all, as the problem was...
 
 
 
 
May 21, 2009
South Africa’s Chamber of Mines (CoM) on Thursday tabled an initial 5% wage increase to the unions representing workers in the gold mining sector. The offer was in addition to a number of other offers on some of the demands tabled by the trade unions. The CoM...
May 21, 2009
As trade union Solidarity called for an insolvency probe into potential financial irregularities in the provisionally liquidated Pamodzi Gold, the stricken company's liquidators on Thursday announced that the German HypoVereinsbank (HVB) had provided a R50-million...
May 20, 2009
The share price of the JSE- and TSX-listed Rockwell Diamonds leapt 17% on the JSE on Wednesday as three of its directors defended the company against what they described as a “completely unnecessary, cashless takeover” attempt by the Russian-linked Pala Investments....
May 20, 2009
Junior gold producer Troy Resources plans to decide in the next couple of months whether it will build a new plant at its Casposo gold/silver project, in Argentina, or if a processing plant the company has in storage could be suitable for the project. Troy has just...
May 20, 2009
London-listed ferrochrome producer International Ferro Metals (IFM) would be spending R78-million in the next six months to enable it to self-generate 15% of its power requirements at a fraction of the Eskom rate, IFM CEO David Kovarsky told Mining Weekly Online on...
 
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