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2010
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De Beers may sell Namaqualand and Finsch mines
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[img:De%20Beers%20-%20st_0.jpg| Finsch diamond mine ‒ De Beers is to consider offers]Johannesburg, South Africa --- MININGREVIEW.COM --- 30 July 2010 - Mining giant De Beers says that it has received approaches from potential investors interested in purchasing its Namaqualand Mines and the Finsch Mine in the Northern Cape.
The interest comes on the back of the continuing recovery in the diamond market, reports Miningmx.
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Rio Tinto and Chalco sign Guinea JV
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[img:Guinea%20-%20con_0.jpg| The Simandou iron ore project in Guinea]Beijing/Hong Kong --- MININGREVIEW.COM --- 30 July 2010 - Aluminum Corporation of China Limited (Chalco) has agreed to invest US$1.35 billion (R10.1 billion) in a Guinea joint venture that partner Rio Tinto claims is the world's largest undeveloped iron ore deposit.
The agreement to develop the Simandou project follows a non-binding deal signed in March by Chalco's parent, Chinalco, and is the Chinese group's first non-aluminium investment overseas.
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Northam production drops
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[img:Northam%20-%20Pic%201_0.jpg|The Merensky and UG2 concentrator plants at Northam]Johannesburg, South Africa --- MININGREVIEW.COM --- 30 July 2010 - Northam Platinum Limited ‒ the only fully independent, black-owned and controlled PGM producer in South Africa ‒ says it is losing about 1 500 ounces of output a day, after shutting down a shaft at Northam mine last week due to an accident that killed two miners.
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Aquarius may halt Blue Ridge production for seven months
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[img:Aquarius%20-%20st_0.jpg| The primary and secondary mills at Blue Ridge]Johannesburg, South Africa --- MININGREVIEW.COM --- 30 July 2010 - Aquarius Platinum may stop production from its Blue Ridge mine for up to seven months to make major changes to its mining infrastructure.
Aquarius acquired the Blue Ridge mine last year when it took over AIM-listed Ridge Mining in an all-equity deal.
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First sales from Vele next quarter
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[img:Coal%20-%20clo_0.jpg|Drill team at work at the Vele project]Johannesburg, South Africa --- MININGREVIEW.COM --- 29 July 2010 - Emerging coal development and production company Coal of Africa Limited (CoAL) – listed on the AIM, the Australian Securities Exchange and the JSE – says development of its Vele project has progressed according to schedule, and first sales of coking coal are expected during the next quarter.
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Vice Prime Minister to deliver keynote address at iPAD DRC 2010
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His Excellency Simon Bulupiy Galati, Vice Prime Minister in charge of Posts, Telephones, and Telecommunications, who recently launched the first oil drilling in Kai-Nganga, in block Nganzi, Bas-Congo, DRC, will be delivering the Keynote address at the 6th annual Infrastructure Partnerships for African Development (iPAD) DRC being held at the Grand Hotel in Kinshasa from 25 to 27 October 2010.
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The clean and green face of coal
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Eskom’s MD of Primary Energy Dan Marokane will give his view on how the pricing outlook of coal will impact the coal energy sector during a high-level coal industry meeting, Coal Energy Africa, from 16-17 August at Emperors Palace in Johannesburg. Abundant reserves and the low cost of coal still make it the preferred energy source to meet increasing electric demand for the foreseeable future. However, the challenge is to make coal more efficient and environmentally friendly. These challenges and opportunities for sustainable coal energy provision in Africa will be discussed during Coal Energy Africa.
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Rail line re-opened
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[img:Repairs%20-%20Pic%201_0.jpg| Derailed iron train in Australia’s Pilbara region]Johannesburg, South Africa --- MININGREVIEW.COM --- 29 July 2010 - South Africa's logistics group Transnet has announced that it has re-opened the iron ore railway line shut down last week after a train derailed.
The rail line is used mainly by Kumba Iron Ore, a unit of global miner Anglo American Plc and the world's 10th-largest iron ore producer.
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Assmang wage negotiations concluded
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[img:Assmang%20-%20tr_0.jpg| Assmang’s Khumani iron ore mine]Johannesburg, South Africa --- MININGREVIEW.COM --- 29 July 2010 - Trade union Solidarity says that wage negotiations at Assmang Limited's Khumani and Beeshoek iron mines in the Northern Cape have been concluded after only two rounds, with the union obtaining a wage increase of 10%.
Assmang is jointly owned by African Rainbow Minerals Limited (50%) and Assore Limited (50%), and has three operating divisions ‒ chrome, manganese and iron ore ‒ which supply raw materials to the world's steel mills and alloy plants.
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Implats strike delayed
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[img:New%20Impala%20struc_0.jpg|One of the three new shafts at Impala’s primary Rustenburg operation]Johannesburg, South Africa --- MININGREVIEW.COM --- 28 July 2010 - South Africa’s biggest mining trade union ‒ the National Union of Mineworkers (NUM) ‒has announced that the strike planned for Monday at Impala Platinum Holdings (Implats) is being delayed to allow further negotiations between management and the union.
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New CEO for Jubilee Platinum
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[img:Leon%20-%20Pic%201_3.jpg| New Jubilee Platinum CEO Leon Coetzer]London, England --- MININGREVIEW.COM --- 28 July 2010 - Colin Bird is to step down as CEO of Jubilee Platinum and will be replaced by Leon Coetzer, currently the platinum miner's MD of smelting and refining.
A statement issued here said the resignation of Bird, who would become non-executive chairman, was part of a number of management changes at the company. These included the resignation of current chairman Malcolm Burne and the appointment of Eduard Victor as finance director in the place of Andrew Sarosi, who would continue as an executive director.
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Bernard Swanepoel to chair Simmers
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[img:Bernard%20S_0.jpg| Bernard Swanepoel ‒ to chair Simmers]Johannesburg, South Africa --- MININGREVIEW.COM --- 28 July 2010 - Bernard Swanepoel is to take over as chairman of emerging South African resources company Simmer and Jack Mines Limited (Simmers) at the company’s annual general meeting on 10 September.
Miningmx reports that this follows the decision by current chairman Vusi Khanyile not to make himself available for re-election as a director.
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ArcelorMittal swings into profit
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[img:Arcelor%20-%20field_0.jpg| ArcelorMittal South Africa ‒ back in the black]Johannesburg, South Africa --- MININGREVIEW.COM --- 28 July 2010 - ArcelorMittal South Africa ‒ a unit of the world's biggest steelmaker ‒ has moved into a first-half profit helped by a recovery in steel demand, but the company is forecasting a decline in third-quarter profit.
In a statement issued here, the company said its headline earnings per share had totalled 450 cents in the six months to 30June, compared with a loss of 190 cents a year earlier.
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African Barrick more than doubles output
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[img:Barrick%20-%20me_0.jpg| Barrick’s Bulyanhulu gold mine in Tanzania]London, England --- MININGREVIEW.COM --- 27 July 2010 - African Barrick Gold Plc ‒ the biggest gold producing company listed in London ‒ says that its second-quarter profit more than doubled as output and prices of the metal increased.
Announcing in a statement issued here, the company ‒ which operates four mines in Tanzania ‒ pointed out that it was nevertheless cutting its full-year production target.
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New iron ore mine soon
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[img:Motjoli%20-%20Pic%201_0.jpg|Motjoli’s Avontuur manganese project]Johannesburg, South Africa --- MININGREVIEW.COM --- 27 July 2010 - Motjoli Resources Limited ‒ a junior exploration and development company with a world class portfolio of late stage development assets in the manganese and iron ore sectors ‒ is planning to establish an R11 billion iron ore mine near Piet Retief in South Africa.
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