Transnet opens hub to support small businesses and new entrants

State-owned freight logistics group Transnet has launched the first of a series of enterprise development hubs, as part of a drive to expand opportunities for smaller enterprises and new entrants,... 

Japanese group invests €100m in Mainstream Renewable Power

Global wind and solar developer Mainstream Renewable Power has announced a €100-million equity investment deal with Marubeni Corporation, which would see the Japanese group take a 25% stake in the... 

Changing South Africa’s labour law ‘not the answer’

Despite ongoing calls for a review of South Africa’s labour legislation to resolve the country’s industrial-relations and unemployment problems, Department of Labour deputy director-general for... 

Empowerment partners for Prasa fleet renewal unveiled

Transport Minister Dipuo Peters announced earlier this month that Khiphunyawo Rail, Community Rail Services and Elgin-Identity Rail Corporation would be the 30% broad-based black... 

Rise in manufacturing index attributed to weaker rand

The seasonally adjusted Kagiso Purchasing Managers’ Index (PMI) remained above the key 50-point mark for the fourth consecutive month in July when it increased marginally by 0.6 points to 52.2, but... 

CEF invites parties to tender for torbanite project prefeasibility study

JOHANNESBURG (miningweekly.com) – The Department of Energy’s Central Energy Fund (CEF) has invited capable service providers to submit proposals for a prefeasibility study (PFS) to determine the... 

Gemfields boosts Kagem output, talks over auctions continuing

JOHANNESBURG (miningweekly.com) – Aim-listed Gemfields on Monday reported improved production results from its 75%-owned Kagem mine, in Zambia, and said that negotiations with the Zambian... 

Gold One, Goliath advance plans to restore gold mining on the East Rand

JOHANNESBURG (miningweekly.com) – Dual-listed Gold One and exploration and development company Goliath Gold on Thursday said that two of three prospecting applications pertaining to the R70-million... 

Latest copper-theft index records first significant rise since September

The South African Chamber of Commerce and Industry’s (Sacci’s) June Copper Theft Barometer registered its first significant increase since September last year when it rose to R11.1-million, up from... 

Zambia seeks investors for mini hydro projects

Zambia’s energy sector offers ample opportunities for investors, Rural Electrification Authority (REA-Zambia) community mobilisation officer Naomi Sidomo said late last month, highlighting the... 

Carbon pricing idea gaining steam as global leaders recognise climate risks

In three years time, the vast majority of global carbon dioxide (CO2) emissions would come from jurisdictions with carbon pricing, as more former sceptics reinvented themselves as contributors to... 

Beacon Hill’s Minas Moatize to reach full production in ‘coming weeks’

JOHANNESBURG (miningweekly.com) – Aim- and ASX-listed Beacon Hill Resources would move into full production at it Minas Moatize project, in Mozambique, in the coming weeks, CEO Rowan Karstel... 

African Barrick Gold’s first-half production higher than guidance

JOHANNESBURG (miningweekly.com) – Tanzania-focused gold miner African Barrick Gold (ABG) delivered a strong operational performance in the first half of 2013, with production tracking ahead of... 

Villagers sue African Barrick Gold over 2011 deaths, injuries

JOHANNESBURG (miningweekly.com) – London law firm Leigh Day on Tuesday served gold producer African Barrick Gold (ABG) with legal proceedings in a UK High Court, claiming that the company was... 

Northam expects 60% to 70% improvement in earnings

JSE-listed Northam Platinum on Thursday said it estimated earnings and headline earnings a share for the year ended June 30 would increase by between 60% and 70%, owing to an improved average... 

Worker dies at Atlatsa’s Bokoni mine

Triple-listed platinum group metals miner Atlatsa Resources has halted operations at the vertical shaft at its Bokoni platinum mine, in Limpopo, after a worker was killed in a fall-of-ground... 

Botswana Diamonds to revisit Orapa diamond licence

Aim-listed Botswana Diamonds has reached an agreement with privately owned Eversharp Investments to operate and jointly own the 2.9 km2 PL 117/2011 diamond mining licence, in Botswana’s Orapa... 

Gold One, Goliath advance plans to restore gold mining on the East Rand

Dual-listed Gold One and exploration and development company Goliath Gold on Thursday said that two of three prospecting applications pertaining to the R70-million acquisition of the underground... 

CEF invites parties to tender for torbanite project PFS

The Department of Energy’s Central Energy Fund (CEF) has invited capable service providers to submit proposals for a prefeasibility study (PFS) to determine the capital and operating costs for the... 

Gemfields boosts Kagem output, talks over auctions continue

Aim-listed Gemfields on Monday reported improved production results from its 75%-owned Kagem mine, in Zambia, and said that negotiations with the Zambian government over the location of its... 

Atlatsa names Naicker interim CFO

Triple-listed platinum group metals (PGMs) miner Atlatsa Resources has appointed senior financial controller Kogi Naicker interim CFO, with effect from August 1. Naicker replaces De Wet Schutte,... 

Tribunal confirms settlement deals with 15 construction firms

The Competition Tribunal has (on Wednesday) confirmed the last of the settlement agreements between the Competition Commission and 15 major construction firms which had admitted to collusive... 

Aquarius reports 22% production increase in June quarter

JOHANNESBURG (miningweekly.com) – Platinum-group metals (PGM) producer Aquarius Platinum on Wednesday delivered another increase in quarterly production and reminded investors that it had... 

Anglo a ‘more efficient, agile’ organisation after management changes, CEO

Mark Cutifani, the new CEO of Anglo American last week announced various high-level management changes to create a “more efficient and agile” organisation. The management changes, which includes... 

NUM members hold march at Arnot mine

About 1 000 miners represented by the National Union of Mineworkers (NUM) were planning to hold a march at diversified resources group Exxaro's Arnot coal mine, 43 km outside Middelburg, on... 

Changing SA’s labour law not the answer, says DDG

Despite calls for a review of South Africa’s labour legislation to resolve the country’s labour issues, Department of Labour deputy director-general for labour policy and industrial relations, Les... 

ABG moving to adapt to lower price environment – CEO

Tanzania-focused gold miner African Barrick Gold (ABG) delivered a strong operational performance in the first half of 2013, with production tracking ahead of guidance and cash costs below the... 

Villagers sue African Barrick Gold over 2011 deaths, injuries

London law firm Leigh Day on Tuesday served gold producer African Barrick Gold (ABG) with legal proceedings in a UK High Court, claiming that the company was liable for the deaths and injuries of... 

Gem Diamonds lowers production guidance for 2013

London-listed Gem Diamonds on Monday lowered its 2013 production guidance for the Letšeng mine, in Lesotho, to between 95-million carats and 105-million carats recovered and sold, as tons of ore... 

Anglo unveils group shake-up, profit plunges 28%

Mark Cutifani, the new CEO of Anglo American on Friday announced various high-level management changes to create a “more efficient and agile” organisation. The management changes, which includes... 

Basil Read Matomo starts construction of R550m wind farm

Engineering and construction has started on the R550-million, 27 MW MetroWind Van Stadens wind farm, about 30 km from Port Elizabeth, in the Eastern Cape, one month after the docking of the... 

Iliad Africa to sell lossmaking ceramics business for R50m

JSE-listed Iliad has agreed to sell its ceramics business Ferreiras as a going concern to Portion 140 Springs Properties for R49.64-million. “The strategy developed after reviewing Iliad’s business... 

SA trade conditions may tighten during second half

Trade conditions in South Africa remained positive, despite the tightening of international and retail trade, the South African Chamber of Commerce and Industry (Sacci) said earlier this month.... 

New auto components JV set up in East London

Luxembourg-headquartered International Automotive Components (IAC) reported earlier this month that it had formed a joint venture (JV) with South African automotive flooring, acoustics and trim... 

Zambia’s Mining Ministry keen to see more local procurement

Zambia’s Ministry of Mines, Energy and Water Development chief mining engineer Derick Chilumbu, said on Thursday that significant opportunities existed for investors to set up engineering... 

Aquarius ‘uniquely positioned to survive winter of wage negotiations' – analyst

Platinum-group metals (PGM) producer Aquarius Platinum on Wednesday delivered another increase in quarterly production and reminded investors that it had successfully concluded wage negotiations... 

Gold Fields initiates drilling campaign in Quebec

South Africa-headquartered Gold Fields has initiated an exploration campaign at TSX-listed Yorbeau Resources’ Rouyn property, in Quebec, Canada, as part of an option and joint venture (JV)... 

Cockerill appointed African Minerals vice-chairperson

Former Gold Fields CEO Ian Cockerill has joined the board of West African iron-ore miner African Minerals as an independent director and vice-chairperson, the company announced on Monday.... 

African Copper Q1 concentrate output up 91%

Aim-listed African Copper lifted copper in concentrate production from its Botswana mines by 91% to 3.08-million tons in the first quarter of its 2014 financial year, the company reported on... 

Gemfields nets $31.5m in Lusaka auction

The 583 448 ct of rough emerald and beryl that Gemfields put on auction in Lusaka last week have earned the Aim-listed junior $31.5-million in revenue. The company reported on Monday that 37...