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Tuesday November 24, 2009
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Africa Mining News is an EIN News Service for mining professionals. Constantly updated news and information about Africa Mining.
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Latest Africa Mining News

  • TSX sparkles as gold hits new record 24 Nov 2009 13:51 GMT
    ... TSX sparkles as gold hits new record By MALCOLM ... cents to 94.71 cents US. The base metals sector led advancers, up 1.2 per cent ... climbed 34 cents to $37.36. First Quantum Minerals Ltd. is to buy Kiwara PLC , ...

  • Merrex Airborne Survey Identifies Second Major Sub-Structure (1A) Within Siribaya Mega-Structure 24 Nov 2009 13:32 GMT
    ... m, indicates the presence of significant gold mineralization along the length of the 1A sub-structure. ... this release. INDUSTRY: Manufacturing and Production - Mining and Metals SUBJECT: MEX ...

  • Petra plans to up stake in Cullinan to 74% 24 Nov 2009 13:16 GMT
    ... DIAMOND mining junior Petra Diamonds, the AIM-listed diamond producer ... its ownership in the iconic Cullinan diamond mine from 37% to 74%. The company said ... one of the world's most celebrated diamond mines as it regularly produces large, high-quality gems, and ...

  • Sandvik Minning plays part in Kenyan Rift Valle ... 24 Nov 2009 13:12 GMT
    ... screening and crushing train supplied by Sandvik Mining and Construction Tanzania. This has been supplied ... box enables greater accuracy, productivity and a more efficient screening system. Each box is hydraulically ... unit. Designed specifically for crushing and sizing minerals, the QH340 is able to work as ...

  • Sandvik Minning plays part in... 24 Nov 2009 13:12 GMT
    ... screening and crushing train supplied by Sandvik Mining and Construction Tanzania. This has been supplied ... box enables greater accuracy, productivity and a more efficient screening system. Each box is hydraulically ... unit. Designed specifically for crushing and sizing minerals, the QH340 is able to work as ...

  • Sandvik Minning plays part in Kenyan Rift Valley Dam Project 24 Nov 2009 13:12 GMT
    ... screening and crushing train supplied by Sandvik Mining and Construction Tanzania. This has been supplied ... box enables greater accuracy, productivity and a more efficient screening system. Each box is hydraulically ... unit. Designed specifically for crushing and sizing minerals, the QH340 is able to work as ...

  • UPDATE 2-Kumba CEO: iron ore output, exports to rise in 2009 24 Nov 2009 12:50 GMT
    ... SISHEN MINE, South Africa, Nov 24 (Reuters) - Kumba ... material and making it almost hard for miners to achieve a price increase. ...

  • Lucara Appoints New VP of Development 24 Nov 2009 12:39 GMT
    ... Boteti owns full rights to the AK6 mine development in Botswana. George, a mining engineer with more than 27 years of ... our two large-scale diamond projects into producing mines."  Lucara also said that Rodrigo Romo ...

  • U.S. miner to develop major chromite play 24 Nov 2009 12:37 GMT
    ... is vying to become the next hot metal in Canada. A major U.S. mining company is jumping in to the action ... with plans to build the first chromite mine in North America after striking a friendly ...

  • ICC schedules Lubanga trial 24 Nov 2009 12:36 GMT
    ... The Hague - The International Criminal Court announced on ... rival militias with battles for control of gold mines and other resources. Though the DR Congo war ...

  • JSE flat as buyers return to market 24 Nov 2009 12:30 GMT
    ... JSE flat as buyers return to market The JSE ... that the FTSE 100 stayed low with miners giving back some of Monday's gains as ... 88c, or 1.09 percent to R79.82. Platinum miner Anglo Platinum shed R6.48 to R732, Impala ...

  • Industrials in Weak Trading 24 Nov 2009 12:15 GMT
    ... compared to the previous week while the mining index slid 7,59 percent as profit-takers descended on ... lost US2.10c to close at US63,90c. Aico Africa and Innscor were both US2c lower at ... retreated a cent to close at US23c. Gold producer Falgold, however added US2c to close at ...

  • West African Diamonds & Stellar Diamonds Merger On Track 24 Nov 2009 11:54 GMT
    ... (WAD), the Irish AIM listed diamond and precious metal explorer, stated today that their planned merger ... carats via its two producing alluvial diamond mines in Guinea, Bomboko and Mandala. West African ...

  • Landmine compensation sought 24 Nov 2009 11:54 GMT
    ... Bedouin farmer Abdelaziz Hamed's daughter lost her foot in a landmine blast [STANFORD] A group of Egyptian Bedouins ... of deaths and injuries caused by British landmines and unexploded ordnance left in the Egyptian desert ...

  • 10% iron-ore price increase expected 2010 ' Kumba 24 Nov 2009 11:54 GMT
    ... 10% iron-ore price increase expected 2010 – Kumba 24th November ... port and port operations both in South Africa and abroad had been satisfactory. Grifftih was ... Kolomela, meaning perseverance. The Northern Cape's iron-ore mining industry together with the region's manganese-mining industry ...

  • Big business group to work on strategies to promote 'nonracialism' 24 Nov 2009 11:53 GMT
    ... of racism were levelled against the former mining personality, despite his taking an active role ... wing for failing to back up its mine-nationalisation call with formal policy proposals. Cronin, a ... that South Africans were ready for a more mature debate on the issue of race. ...

  • Aquarius Platinum slumps on bond issue 24 Nov 2009 11:32 GMT
    ... , which mines for the precious metal in South Africa, are sharply lower after it said it will issue $250m worth ...

  • Carat appoints Bizzi to board, Katevatis, Panar resign 24 Nov 2009 11:32 GMT
    ... with over 25 years of experience in minerals exploration and business development in South America. ... the University of Cape Town in South Africa, an MBA from Fundacao Getulio Vargas in ... Guyanas) and Southern Africa, mostly with major mining corporations (for example, exploration manager for South ...

  • Bannerman appoints Smith as non-executive director 24 Nov 2009 11:32 GMT
    ... BOARD Bannerman Resources Ltd. is appointing senior mining executive Dr. David Smith as a non-executive ... covering the Simondou project in Guinea, West Africa. Prior to that, he was managing director ... was managing director of Rio Tinto's Pilbara iron-ore operations in Western Australia comprising Hamersley Iron and ...

  • Stellar Diamonds to Relist on AIM 24 Nov 2009 11:18 GMT
    ... Stellar Diamonds is planning to relist on Alternative Investment ... company would have two producing alluvial diamond mines in Guinea with a resource of over 1.5 ...

  • Dolat Ventures to Focus on West Africa Mining 24 Nov 2009 11:12 GMT
    ... soon to be acquisition Dove Diamonds & Mining, which intends to sell, market, distribute diamonds, minerals and precious gems in the United States ... 5 percent on gold and other precious metals from 4 percent. We also intend to ...

  • Glen Eagle Acquires the Osprey Gold Mine 24 Nov 2009 11:12 GMT
    ... the acquisition of the Osprey underground gold mine from Barak Mineral Resources in South Africa. ... geological data reported by the Department of Mines and Energy of South Africa. Note: The technical ... of the net profits as required under mining policies in South Africa. Both Glen Eagle ...

  • East Africa's Resources Pull Investors 24 Nov 2009 10:53 GMT
    ... Nov 24, 2009 (TradeInvest Africa/All Africa Global Media via ... between US-based Ruby Creek Resources and Canadian miner, Douglas Lake Minerals could see Tanzania becoming ... to reveal coarser deposits after observing artisanal miners recovering the precious stones using only hand ...

  • De Beers to sign new diamond deal with Namibia 24 Nov 2009 10:37 GMT
    ... has prompted the government to explore uranium mining and gas fields, in a bid to ... Rossing Uranium had been Namibia’s sole uranium mine since the 1970s, till a second mine ... to the World Nuclear Association, the two mines have a capacity to produce 10% of the ...

  • Landmine victims seek compensation 24 Nov 2009 10:36 GMT
    ... Bedouin farmer Abdelaziz Hamed's daughter lost her foot in a landmine blast [STANFORD] A group of Egyptian Bedouins ... of deaths and injuries caused by British landmines and unexploded ordnance left in the Egyptian desert ...


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