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Latest South Africa Mining News

  • Crippling Namibia zinc strike enters 6th day 15 May 2008 12:18 GMT
    ... metal per month. The mine, owned by mining giant Anglo American, produces special high-grade zinc ... percent of its production is exported to South Africa. "The parties are still negotiating but not ...

  • Uranium One plunges into deep Q1 loss 15 May 2008 11:48 GMT
    ... Inkai continued to exceed our production expectations," Nortier said. "At our Dominion Project in South Africa we continued to make progress with new mining areas becoming available, which will pave the way for improved grades and higher production ...

  • Namibia zinc strike enters 6th day, talks continue 15 May 2008 10:55 GMT
    ... metal per month. The mine, owned by mining giant Anglo American (AAL.L: ), produces special ... percent of its production is exported to South Africa. "The parties are still negotiating but not ...

  • Statement re Presentations on Website 15 May 2008 10:37 GMT
    ... Incorporated in the Republic of South Africa AECI shareholders are advised that presentations on ... are advised that presentations on the Group's mining solutions businesses (AEL and DetNet) are being ...

  • ArcelorMittal ponders power provision 15 May 2008 10:37 GMT
    ... www.iscor.co.za ' 10 & 11 June 2008, South Africa Africa's biggest steelmaker, ArcelorMittal South Africa, is ... the expansion. ArcelorMittal South Africa may consider mining iron-ore itself, Nyembezi-Heita says. ...

  • Eskom's planned 60% tariff hike makes region shiver 15 May 2008 10:35 GMT
    ... per cent tariff increase this year by South Africa's regulating agency Nersa, but applied a few ... cent, which sent shock waves through the mining sector and private households. An article in ... per cent of electricity from Eskom. Even South African Reserve Bank Governor Tito Mboweni criticised Eskom's ...

  • JSE slips on resources 15 May 2008 09:39 GMT
    ... South African stocks dipped at the opening on profit ... down 0.49%. Resources fell 1.10%, the gold mining index was off 1.54% but the platinum ...

  • JSE slips on resources and profit taking   15 May 2008 09:38 GMT
    ... STOCKS dipped at the opening today on profit taking ... down 0,49%. Resources fell 1,10%, the gold mining index was off 1,54% but the platinum ... reported adjusted earnings per share of 1,021,2 South African cents for the year ended March 2008 ...

  • Statement re Morila Gold Mine 15 May 2008 08:29 GMT
    ... Limited \ (Incorporated in the Republic of South Africa) (Reg. No.1944/017354/06) \ ISIN Number: ZAE000043485 Corporate ... AngloGold Ashanti to retain interests in Morila Gold Mine, Mali AngloGold Ashanti has terminated the process ... concerning the economic outlook for the gold mining industry, expectations regarding gold prices, production, cash costs ...

  • Sylvania aims for early listing to raise project funds  15 May 2008 07:46 GMT
    ... AIM and ASX listed junior platinum producer Sylvania Resources will work ... take shares in the foreign-listed entities without South African Reserve Bank permission and a listing ... was also being approached by various junior miners proposing partnerships on platinum projects. If a ...

  • Diana B. Walker | Aviation pioneer, 90 15 May 2008 07:46 GMT
    ... cause of death. A granddaughter of Barney Barnato, a cofounder of the De Beers mining group in South Africa, she was a debutante who volunteered to be a Red Cross nurse in France ...

  • JSE rallies to climb to new record levels  15 May 2008 06:57 GMT
    ... SOUTH African stocks rallied yesterday, but finished off record ... gained 2%, while the gold and platinum mining indices were up 0,17% and 1,44% respectively. ...

  • Australian miner unearths $1m diamond 15 May 2008 05:35 GMT
    ... An Australian mining company has found a million-dollar diamond in South Africa. Lonrho Mining says the 61-carat, fancy yellow diamond has been discovered at the Schmidtsdrift ...

  • ArcelorMittal to boost capacity with electricity generator in Newcastle  15 May 2008 05:29 GMT
    ... GLOBAL steel maker ArcelorMittal SA, which yesterday posted a ... brought before the Competition Tribunal by gold miners Harmony Gold and DRD Gold alleging excessive ... the Alternative Dispute Resolution process with the South African Revenue Service. ArcelorMittal expects results for ...

  • Nuclear Power Is in Demand 15 May 2008 05:24 GMT
    ... does, when you take into account the mining of uranium ore, the refining and enriching of fuel, ... buying shares of Cameco (CCJ-N), a Canadian miner that has about 17% of the global ... consider. The company has assets in Kazakhstan, South Africa, Australia, the United States and Canada, and ...

  • South Africa: Mining Deals [editorial] 15 May 2008 04:41 GMT
    ... FURTHER evidence that SA is far from the action on the global mining stage comes in the latest Ernst & ... country. But in dollar terms, activity involving South African companies lagged by far Canada, the US ...

  • South Africa: Treasury Offers Miners New Deal On Royalties 15 May 2008 04:41 GMT
    ... Linda Ensor And Charlotte Mathews Cape Town The treasury ... The treasury has made major concessions on mining royalties to accommodate the mining industry's fear of ... of considerable capital investment, particularly by deep-level gold mines. It warned that the treasury's royalty proposals ...

  • The first British woman to fly supersonic 15 May 2008 04:08 GMT
    ... cause of death. A granddaughter of Barney Barnato, a co-founder of the De Beers mining group in South Africa, Barnato was a debutante who volunteered to be a Red Cross nurse in France ...

  • Austro powers ahead 15 May 2008 01:36 GMT
    ... to all of that. However, our main business is done with corporate and industrial South Africa - so from your retailers to your mining houses to large industries such as petrochemical plants, to farmers - really it goes ...

  • Nevada is nation's top gold producer 15 May 2008 01:29 GMT
    ... CARSON CITY -- Nevada's mining industry set an all-time record in 2007 ... world gold production, outranked only by China, South Africa, and Australia. Nevada's copper production in 2007 ...

  • Iron ore expansions won't curb prices 15 May 2008 00:32 GMT
    ... materials, an industry conference has heard. Major mining groups have been touting big plans to ... spotlight. The dozen countries include Mexico, Indonesia, South Africa and Vietnam. "Their populations are going through ...

  • Alec Erwin's budget vote speech 15 May 2008 00:30 GMT
    ... proposals we make for the future. The South African Power Project is one of such examples. ... The Accelerated and Shared Growth Initiative for South Africa (ASGISA) announced in 2004 set two important ... done in order to ensure that the mining rights are handed over to the Community. ...

  • Bernard Swanepoel: Former CEO, Harmony Gold 14 May 2008 22:49 GMT
    ... MONEYWEB: Gold-mining executives are becoming an endangered species. In ... species. In the past year all of South Africa's big three, AngloGold's Bobby Godsell, Gold Fields's ... the rest of the world and it's South African gold-mining guys who you find in key ...

  • Stillwater Mining Company Announces Contract Negotiations Begin at East Boulder Mine 14 May 2008 21:07 GMT
    ... Stillwater Mining Company Announces Contract Negotiations Begin at East ... producer of platinum group metals outside of South Africa and the Russian Federation. The Company's shares ...

  • Should African investments be part of your portfolio? 14 May 2008 20:15 GMT
    ... for more than a year -- iShares MSCI South Africa Index -- totaled $543.78 million on March 31, ... $10.03 in September. Besides the oil and mining sectors that are well-known in Africa, Young ...


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