ArcelorMittal, the world's largest steel and mining company, recently commenced commercial iron ore production from its mining operations in Liberia. A launch event was held in Buchanan which was attended by Her Excellency President Ellen Johnson.
Africa Mining News
Great Western Minerals and GQD says making substantial progress on Steenkampskraal rare earth separation plant
Great Western Minerals Group (TSX VENTURE:GWG) (OTCQX:GWMGF) ("GWMG" or the "Company") is pleased to announce that substantial progress is being achieved, with the active participation of Ganzhou Qiandong Rare Earth Group Ltd. ("GQD") of China, in the development work on the rare earth separation plant in the vicinity of Steenkampskraal in South Africa.
THE Zambian People's Pact (ZPP) has said it expects the Patriotic Front(PF) to strengthen monitoring mechanisms for revenues in the mining sector in order for Zambia to benefit fully from its mineral resource. ZPP's national secretary Peter Sinkamba said
By Ulf Laessing HASSAI GOLD MINE, Sudan (Reuters) - Sudan plans to double gold production at its main mine run together with Canada's La Mancha Resources LMA.TO within around two to three years and launch a copper production by 2015 or later, company
The gold miner said has restarted most of the operations at its Evander mine in South Africa's Mpumalanga province that was shut following fatalities at the operation early this week. Harmony Gold, South Africa's third-largest gold miner, said on
- $5 million expenditure to earn initial 49% interest in Dome- Rio Tinto has identified multiple high priority targets at Dome
ArcelorMittal has begun commercial iron ore production from its mining operations in Liberia. By 2012, it aims to ship 4 mtpa of iron ore from Liberia. A first test shipment has successfully taken place.
‒ one of AngloGold’s South African mines Johannesburg, South Africa --- MININGREVIEW.COM --- 27 September 2011 - South African gold producer AngloGold Ashanti Limited ‒ third-largest gold producer in the world ‒ says it is delivering value as a
Johannesburg. Tuesday, 27 September 2011. Harmony Gold Mining Company Limited (Harmony) regrets to advise that following an ore pass accident and subsequent rescue efforts, an employee and two members of an external rescue team were fatally injured yesterday at its Evander mine in Mpumalanga. Investigations are currently underway to establish the causes of the accidents. Operations at the mine have been stopped until investigations have been completed
Zimbabwe will soon probe foreign-owned firms to establish their level of compliance with a law requiring them to sell at least a 51 percent shareholding in their Zimbabwean operations to locals, an official said on Tuesday. The heavily criticised law is
Rough diamond production of De Beers will recover to 80 per cent of what it has been producing during the pre-recessionary peak levels. The company also has spent Rs 150 crore on the kimberlite exploration activities in India. De Beers had cut its rough
Deep Yellow, a uranium exploration company with operations in Namibia and in Australia, announced on Tuesday additional high grade uranium intercepts from RC drilling at the Ongolo Alaskite Deposit and the MS7 Prospect.
MONROVIA, Liberia Regulatory News: Important milestone in Liberia’s economic recovery achieved ArcelorMittal, the world’s largest steel and mining company, today commenced commercial iron ore production from its mining operations in Liberia. A launch
Central Rand Gold mine, which Kunene co-ownes with Gayton McKenzie, was stripped of its rights to mine after complaints that it was not complying with the law.
Fin24 is reporting that a huge tailings dam being built in Kuma township could get kyboshed due to opposition from environmental groups, pressure groups and demands from landowners. The Kareerand tailings dam being built by First Uranium TSX:FIU, JSE:FUM 15km outside Stilfontein is a R400 million project motivated by a need to solve the ubiquitous dust cloud that currently envelops Kuma residents from 15 old tailings dams — relics from the Buffelsfontein and Hartbeesfontein gold mines — says Fin24, which describes the dam in some detail:
"It's not a question of saying we'll be doing that from tomorrow. It's an issue being discussed with the companies," Finance Minister Mustafa Mkulo told Reuters on the sidelines of IMF/World Bank meetings in Washington.
Allana Potash Corp. (TSX:AAA)(OTCQX:ALLRF) ("Allana" or the "Company") is pleased to announce that it has intersected three zones of strong potash mineralization in Hole DK-11-27 ("Hole 27").
NewsDay reports that diamond colleges have accused the government of being concerned with selling the stones rather than adding value, which would create employment for millions of Zimbabweans and rake in fortunes for the country through selling finished products.
AngolaPress reports at least USD 9.0 million was invested in diamond prospecting the central Bié province by three private mining companies.
"You're standing on gold now," said Charles Symons, chief operating officer for DRDGold, as he surveyed a crater 30m deep and 250m long blasted out of the Elsburg dump, east of Johannesburg. "But the specks on your shoe wouldn't buy you a piece of bubble-gum," he added with a laugh.
Over the past six years, Endiama – a joint diamond production venture between De Beers and the Angolan government – has invested $150 million in prospecting for diamonds in Angola’s Lunda Norte Province, Endiama administrator Pedro Lago de Carvalho told the ANGOP news agency during the recent Luanda International Mining Fair (FIMA).
For a few years up to 2009, demand for mining equipment finance was strong, but it then declined as companies cut back because of the international financial meltdown. Since the beginning of last year there has been an upswing in the financing of yellow metal assets. Data from WesBank shows that the financing of yellow metals is up 80% year on year, driven mainly by the South African mining sector.
Around half of Rio Tinto's Rossing Uranium workers are taking part in a strike that is hitting production at its mine in Namibia, the union involved said on Saturday, also countering company claims that some of the mine was still working.
TORONTO, ONTARIO--(Marketwire - Sept. 23, 2011) - Auryx Gold Corp. ("Auryx") (TSX:AYX)(NSX:AYX) announces that its board of directors has approved the adoption of a Shareholder Rights Plan Agreement (the "Rights Plan"). The Rights Plan is similar to shareholder rights plans adopted by other Canadian companies. It has not been adopted in response to any proposal to acquire control of Auryx.
The election of Michael Sata to president of Zambia is not sitting well with copper miners who fear the 73-year-old, known as "King Cobra" for his aggressive style, will pick the pockets of mining companies, Bloomberg reports. Sata swept to power this week on a promise to create jobs and to extract more money from the mining industry in Zambia, Africa's largest copper producer. His win on Sept. 20 ends two decades of rule by the Movement for Multiparty Democracy.