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According to industry insiders, some of the changes to South Africa's minerals legislation that were passed yesterday will have a major impact on its petroleum sector.
African government efforts to force mining firms to process minerals before export may backfire as they come up against declining commodity prices.
The two countries have signed a $2.3 billion joint-venture deal to construct fertiliser factories to serve Africa's growing agricultural market.
UK-headquarterd junior gold miner, Avocet Mining, has had a tough year having been taken by surprise by last year’s declining gold price.
The West African country of Guinea confiscated half of the giant Simandou iron ore project in 2008, accusing Rio of moving too slowly.
Exxaro will not allocate more funds for its Mayoko iron ore project until it finalises deals on the usage of rail and port facilities when production starts.
South Africa’s Booyco Electronics has developed what it describes as “the most cost effective, sophisticated and low maintenance gas detection device in the mining industry.”
The diversified miner's ferrous and platinum businesses helped push earnings higher, but the improvement was capped by losses in its copper division.
South Africa's major platinum producers choose not to be present to receive a memorandum from the Union that claims they and government negotiated in bad faith.
Julian Phillips thinks gold prices will be pushed higher by an easing of duties and restrictions on Indian gold imports.
While the impact of the utility's request that key industrial customers cut power usage by 10% could have serious long term implications, miners say as yet there is little impact on production.
The Massawa project doesn’t currently meet Randgold’s requirements for development, CEO Mark Bristow said in a presentation in Toronto on Wednesday.
An iron ore tailings reclamation project in Swaziland is being undertaken using Weir Minerals pumps and cyclones in an order won against international competition.
Miners have been told to halt any project expansion requiring more power amid a shortage that will take years to resolve, government documents show.
The finance ministry says the country is holding gold coins valued at $501,390 as its only reserves, highlighting the parlous state of its finances.
The country is eyeing investments into its long-neglected gold sector as part of a strategy to rebuild its economy after a decade of political turmoil.
Themba Mkhwanazi has been appointed the new head of Anglo American’s coal business in South Africa, taking over from Godfrey Gomwe.
The mediators have deemed respective parties’ current position to be too far apart to warrant further mediation at this stage.
Julian Phillips thinks Chinese buyers have not developed the trust which world investors have in equity and prefer the simpler direct physical investment.
South Africa is not cut out for smaller, better-paid mining sector, says mineral resources minister Susan Shabangu.
The UN Security Council imposed a trade embargo on the Ivory Coast’s diamonds in 2005 to stop money from sales from funding arms purchases.
While the Association of Mineworkers and Construction Union said it would spread its wage demand over three years, producers said it remained unaffordable.
The union has revised its wage demands to the world's top platinum producers, in its first major concession as a sector-wide strike rumbles on.
The silver price was not inclined to too much exuberance over events in the Ukraine and Crimea yesterday and performed alongside gold in a slightly muted manner, says Julian Phillips.
Harmony says an investigation into a fire that killed 9 miners at its Doornkop mine will take at least another four weeks to complete.
Stockpiles built to weather the strike at the world’s three largest producers may run out if a new round of talks remain deadlocked.
The government has already lowered its proposed stake in new projects from 35% to 15% following outcry from investors.
The precious stones miner also reported record revenue of $36.5 million from its latest auction in Zambia last month.
The march dims prospects for a swift resolution to a 5-week strike at the world's top three platinum producers.
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