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Latest South Africa Mining Production News

  • Exercise of options and share issue related to exercise of warrants in London Mining 20 Aug 2008 18:15 GMT
    ... related to exercise of warrants in London Mining Aug 20, 2008 (Hugin via COMTEX News ... Sierra Leone, Saudi Arabia, Greenland, Mexico and South Africa, and total iron ore resources of 1.3 ... raised over US$185m to advance iron ore production from its projects, and listed on the ...

  • Lonmin's biggest investor rebuffs Xstrata 20 Aug 2008 17:28 GMT
    ... other investors, including M&G, and the Switzerland-based mining group managed to buy 8 per cent ... its failure over several years to reach production targets and problems with a smelter. Xstrata claimed ... argument that its assets – notably its South African platinum deposits – are rare and should ...

  • Mining: ArcelorMittal buys Brazilian iron ore business for $810m 20 Aug 2008 17:25 GMT
    ... the Brazilian iron ore business of London Mining. The group created by Lakshmi Mittal is ... it plans to increase its iron ore production to 110m tonnes by 2012 or virtually ... consider investing up to $700m to raise output at London Mining's Brazilian mines to more ...

  • SA records 4.9 percent growth in GDP recovery 20 Aug 2008 15:51 GMT
    ... a result of declines in manufacturing and mining related to an electricity crunch. "Mining and ... to an electricity crunch. "Mining and manufacturing output recovered in the latest quarter after electricity ... the latest quarter after electricity shortages hit production earlier in the year," said analysts at ...

  • Booysendal to lift Northam into platinum big league 20 Aug 2008 15:32 GMT
    ... JOHANNESBURG, Aug 20 (Reuters) - South Africa's Northam Platinum (NHMJ.J: ) on Wednesday took ... realising its ambition to more than double production of the precious metal by partly acquiring ... be held in trust pending new order mining rights for the project. Northam acquired Booysendal ...

  • Platinum to fall short 20 Aug 2008 15:31 GMT
    ... NEW production of platinum group metals will fall substantially ... will fall substantially short of recent calls, mining industry veteran Brian Gilbertson forecast yesterday. Mr ... include stakes in two adjacent properties in South Africa. South Africa produces more than three-quarters of ...

  • Pallinghurst to do for coloured gemstones what De Beers did for diamonds 20 Aug 2008 15:28 GMT
    ... neglected non-diamond coloured gemstone sector by lavishing production and marketing with attention to create steady, ethical ... than the loved diamond sector. The leading mining personality said at the company's inward listing ... its first shareholders of which many had South African links, and to potentially raise funds for ...

  • UBR Initial Drilling and Spectral Gamma Logging Results of Uskawanis Uranium Project Confirm That the Uranium Mineralization is Widespread and Could Contain Large Tonnage of Radiometric Material 20 Aug 2008 14:56 GMT
    ... been calibrated at the Palindaba facility in South Africa. By measuring with a spectral gamma probe ... CFO 514-846-3271 Toll-free 1-888-666-3431 INDUSTRY: Manufacturing and Production - Mining and Metals SUBJECT: MEX ...

  • Get real - there is no power 20 Aug 2008 14:17 GMT
    ... BHP Billiton has been forced to cut production from its aluminium smelters in Richards Bay ... and pulled the plug on the country’s mining industry. Back to Coega. I wrote in ... a time of severe skills shortages in South Africa. It’s also doing it at a time ...

  • Etruscan's Youga Mine projected to be cash positive in August 20 Aug 2008 13:31 GMT
    ... operations for the month of August on production of 5,600 ounces of gold. Production continued ... poured ounces will reach target in August." Mining is continuing from two pits: A2 Main ... production and development in West Africa and South Africa and has reviewed and approved this press ...

  • Namibia: Toscanini Mine Linked to US Pyramid Scheme 20 Aug 2008 13:27 GMT
    ... of this money in diamond mines in South Africa and Namibia, seemingly in the hope of ... Van der Merwe insisted that their diamond mining operations in South Africa and Namibia would ... from selling the mine's most recent diamond production, valued at about N$4 million. An e-mail ...

  • Safety audit report to be released 'soon' ' DME 20 Aug 2008 13:27 GMT
    ... all the 300-plus high-risk mines, ordered by South African President Thabo Mbeki , and will release ... chief inspector of mines Thabo Gazi told Mining Weekly Online . He confirmed that all ... mines or parts thereof, leading to lost production in the country that produces more than 70% ...

  • Pallinghurst eyes iron ore, coal investments   20 Aug 2008 13:19 GMT
    ... when it was ready to roll out production at its South African manganese and platinum. Pallinghurst has already raised ... a near-collapse of the system shut down mining for five days. “We have followed with ...

  • Gold advances to near-week high as oil firms  20 Aug 2008 13:19 GMT
    ... been hit since auto makers lowered their production forecast. The market is also concerned about ... after a power shortage in main producer South Africa disrupted mining and triggered supply worries. It rallied as ...

  • » GDP shows 2-speed economy 20 Aug 2008 13:02 GMT
    ... quite well. These include foreign tourism, agricultural production and most importantly, infrastructural investment spending. The ... Q/q growth in both the manufacturing and mining sectors improved markedly (compared to the disappointing ... from 1.0 percent in Q1 2008. Manufacturing output rose to record impressive growth of 14.5 ...


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