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The 180 tph modular coal processing plant installed at Exarro’s New Clydesdale Colliery
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Exxaro opens new coal mine Diversified South African-based resources group Exxaro Resources – the country’s fourth-largest coal producer – has commissioned its new Inyanda coal mine near Witbank in Mpumalanga. ... more
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Gold ingots – second quarter production down on last year
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SA gold production up in Q2
South Africa’s total gold production increased by 9% to 56 933 kilograms in the second quarter of 2008, compared to the previous quarter. On a year-on-year basis, however, gold production was down by 10.4% in the second quarter, illustrating the continued impact that the electricity supply curtailment has had on the sector. ... more
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Orezone's team of geologists and operators discusses drilling programme
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Orezone surges ahead
Orezone Resources Incorporated – an emerging Canadian explorer and intermediate gold producer – has closed a US$40 million (R300 million) debt facility with The Standard Bank of South Africa Limited, and increased its interest in the Bombore project in Burkina Faso from 50% to 100%. ... more |
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Better known for producing cars like this, Daewoo plans to invest in a coal project in Madagascar
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Daewoo may invest US$300 million in Madagascar
South Korean trading company Daewoo International Corporation may invest about US$300 million (R2.25 billion) in a coal- fired power project in Madagascar – the company's second electricity-generating venture in the country. ... more
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Richards Bay Coal Terminal
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RBCT exports more coal
Richards Bay Coal Terminal (RBCT) – the largest single export coal terminal in the world, currently exporting more than 68 million tonnes of coal a year – increased its shipments by 6.2% in August compared to the same month last year which was affected by bad weather. ... more
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New GBS Gold chief resigns
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Outgoing GBS CEO Peter Breese
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GBS Gold International Incorporated (GBS) – a Toronto-listed junior gold producer with 4.4Moz of reserves in Australia – has announced that new CEO Peter Breese – who assumed duty at the beginning of this month – has resigned. ... more |
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