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Latest South Africa Mining Exploration News

  • Homeland Energy Withdraws Proposed Private Placement of Convertible Senior Unsecured Debentures 7 Sep 2008 21:54 GMT
    ... President and CEO. "The Appolo and Kendal mines are excellent projects and are expected to ... "HEG". The company is focused on energy exploration and development in Southern Africa. Homeland owns ... coal project in South Africa (Eloff Coal Mining Project) as well as a number of ...

  • Fannie and Freddie, house builders, Lonmin 7 Sep 2008 17:37 GMT
    ... the Independent on Sunday reports. Lonmin is exploring a three-way merger with two rival groups to create ... being taken over by Xstrata , the mining giant. The secret talks, which started several ... by Aquarius Platinum and Mvelaphanda Group, the South African conglomerate, to reverse into Lonmin to create ...

  • Lonmin in secret talks to evade Xstrata - paper 7 Sep 2008 16:57 GMT
    ... 7 (Reuters) - Lonmin (LMI.L: ) is exploring a three-way merger with two rivals to create the ... company and evade being taken over by mining giant Xstrata (XTA.L: The secret talks which ... plan by Aquarius Platinum (AQP.L: ), the South African conglomerate, to reverse into Lonmin to create ...

  • Tawana Resources Uses Tender to Assess Diamond Value 7 Sep 2008 16:35 GMT
    ... Diamond exploration company Tawana Resources placed a parcel of ... The tender, which took place in Kimberley, South Africa during August was attended by more than ... Tawana prepares to undertake a significant trial mining project on this highly prospective deposit.” Kareevlei ...

  • Mining's boom does little for Nevada's bottom line 7 Sep 2008 14:57 GMT
    ... — is noteworthy in Nevada, with a mining tax that’s among the lowest in the ... the United States, and trails only China, South Africa and Australia worldwide. In 2007, the state ... was expanding government and would hurt oil exploration in Alaska, said Steve Haycox, a professor ...

  • London Mining Plc - Writ issued in relation to Marampa iron ore project, Sierra Leone 7 Sep 2008 09:58 GMT
    ... London Mining Plc - Writ issued in relation to ... a writ in Sierra Leone on SLDC Exploration Limited, a wholly owned subsidiary of African ... of Sierra Leone over the old Marampa mines area previously mined by DELCO. London Mining ...

  • Lonmin in secret talks to evade Xstrata 7 Sep 2008 04:57 GMT
    ... Lonmin is exploring a three-way merger with two rival groups ... to being taken over by Xstrata, the mining giant. The secret talks, which started several ... competition regulator in South Africa, where Lonmin's mines are located. Meanwhile, US corporate raider Samuel ...

  • Optimization Study Improves Geovic Cameroon Cobalt Project 6 Sep 2008 23:14 GMT
    ... Geovic Mining Corp. ("Geovic" or "The Company") (TSX:GMC)(OTCBB:GVCM), on ... Five Projects (Pty). Ltd., based in Johannesburg, South Africa Mine, tailings storage, G&A, and general project ... development of new deposits; and success of exploration activities, permitting time lines, currency fluctuations, requirements ...

  • SOUTH AFRICA/VENEZUELA: ALLIANCE PAVES WAY FOR OIL DEALS 6 Sep 2008 04:04 GMT
    ... of the South in the way that South Africa and Venezuela are doing today in order ... African (PetroSA) to undertake oil and gas exploration in Venezuela. The visit drew little attention ... ministerial commission for the areas of energy, mining, agriculture and other economic and social issues. ...

  • Gold Fails to Hold Above $800 in the Face of US Dollar Strength 5 Sep 2008 23:19 GMT
    ... markets – the supply response from gold mining companies continues to flag. Former world No.1 ... fall by 10.4% year-on-year, the Chamber of Mines said Thursday. The industry also reported two ... weak and ore grades decline. Worldwide, resource exploration companies are "really suffering" due to a ...

  • Gold Mining Stocks Investing Challenges 5 Sep 2008 23:19 GMT
    ... years of rising gold prices, the gold mining industry has had ample reason to boost ... up, the small and mid-tier companies that explore for and discover the gold deposits of ... 2001, many of the world's largest gold mines were quickly depleting reserves, there was a ...

  • Wesizwe in advanced talks on funds for SA platinum project 5 Sep 2008 20:46 GMT
    ... share of its Pilanesburg platinum project, in South Africa, and expects the project finance to be ... period has seen the company complete its exploration programme and metamorphose from an exploration company ... metamorphose from an exploration company into a mining company,” he commented. ...

  • Gold Heads for 5% Weekly Loss as "Super Dollar" Whacks Stocks & Commodities; Gold Mining Output Fails to Revive on Record Indian Demand 5 Sep 2008 17:37 GMT
    ... markets the supply response from gold mining companies continues to flag. Former world No.1 ... fall by 10.4% year-on-year, the Chamber of Mines said Thursday. The industry also reported two ... weak and ore grades decline. Worldwide, resource exploration companies are "really suffering" due to a ...

  • ArcelorMittal and Kalagadi Manganese Announce the Unconditional Participation of ArcelorMittal in Kalagadi Manganese 5 Sep 2008 15:33 GMT
    ... that will lead to the development in South Africa of: a manganese mine, beneficiation plant and ... on this deal the SBU Head for Mining & Beneficiation at IDC Abel Malinga said: ... Corporation (20%) has been involved in the exploration for Manganese in the Kalahari Basin. The ...

  • South Africa's exchange wants small miners to dual-list 5 Sep 2008 14:30 GMT
    ... with its Munali mine in Zambia, Riversdale Mining with coal interests in Mozambique, and Paladin ... a dual listing, as well as some exploration companies. AIM has been a key destination ... said John Lewins, the managing director of mines in South Africa and is listed on ...


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