www.miningreview.com - 2010

Mining Review Africa Edition, 12

Thu, 10 Feb 2011 12:07:33 +0200

Mining Review Africa Edition, 11

Thu, 10 Feb 2011 12:01:41 +0200

Mining Review Africa Edition, 10

Thu, 10 Feb 2011 11:58:08 +0200

Mining Review Africa Edition 9, 2010

Thu, 10 Feb 2011 11:24:15 +0200

India planning steel plant in SA

Wed, 22 Dec 2010 10:51:26 +0200

New Delhi, India --- MININGREVIEW.COM --- 22 December 2010 - Steel Authority of India Limited ‒ the nation’s second-largest producer ‒ is talking with a state-run South African company to set up a steel plant here to tap the resources of the continent’s biggest producer of the metal.

Rio Tinto bid for Riversdale imminent

Wed, 22 Dec 2010 10:48:07 +0200

Sydney, Australia --- MININGREVIEW.COM --- 22 December 2010 - ASX and LSE-listed mining giant Rio Tinto is finalising a US$3.8 billion (R25.8 billion) takeover bid for Australian-listed coal mining company Riversdale Mining Limited, ahead of a possible bidding war for the African-focused target.

Northam earnings will more than halve

Wed, 22 Dec 2010 10:41:54 +0200

Johannesburg, South Africa --- MININGREVIEW.COM --- 22 December 2010 - Northam Platinum ‒ one of South Africa's smaller platinum producers ‒ has revealed that its earnings for the first half of the current financial year will more than halve, hit by a strike and safety-related stoppages.

In a statement issued here, Northam said headline earnings for the six months to 31December 2010 would likely total between 15 and 25 cents per share, compared with 59.9 cents in the same period a year earlier.

Newcrest suspends operations at Cote d'Ivoire mine

Wed, 22 Dec 2010 10:36:08 +0200

Melbourne, Australia --- MININGREVIEW.COM --- 22 December 2010 - Australia's Newcrest Mining ‒ a leading international gold company and one of the world's lowest cost gold producers ‒ has put work at its Bonikro gold mine in Cote d'Ivoire on ice and moved mine management to Ghana, amid election tensions in the region.

Former Kumba chairman to start new steel company

Tue, 21 Dec 2010 16:12:52 +0200

Johannesburg, South Africa --- MININGREVIEW.COM --- 21 December 2010 - The former chairman of Kumba Iron Ore ‒ Lazarus Zim ‒ says he resigned from the board of the Anglo American steel unit to start a new steel company, and to avoid the perception of a conflict of interest.

Reuters reports that Zim had already tried to distance himself from the world's 10th largest iron ore supplier when Kumba began a legal dispute over mineral rights with ArcelorMittal South Africa, due to his connections with a person in the deal.

Simmers CEO resigns

Tue, 21 Dec 2010 16:07:16 +0200

Johannesburg, South Africa --- MININGREVIEW.COM --- 21 December 2010 - Gold and uranium producer Simmer & Jack Mines Limited has announced that interim CEO Nico Schoeman has resigned with effect from 30 December.

Revealing this in a statement issued here, the board of directors further advised that the company's current CFO Marius Saaiman would take over from Schoeman, also in an acting capacity.

De Beers denies reports of Anglo takeover plan

Tue, 21 Dec 2010 12:26:55 +0200

Johannesburg, South Africa --- MININGREVIEW.COM --- 21 December 2010 - The De Beers Group ‒ the world's largest diamond business ‒ has contradicted weekend reports out of London that mining giant Anglo American plc was plotting a takeover, saying it has no knowledge of any such development.

Tata Steel may sell up in SA

Tue, 21 Dec 2010 12:21:37 +0200

Bangalore, India --- MININGREVIEW.COM --- 21 December 2010 - Indian industrial giant Tata Steel ‒ the world's No. 7 steel maker ‒ is in talks to sell its South African assets in order to raise more than US$150 million (R1 billion).

Reporting this development from here, the Economic Times did not cite a source. It said that Standard Chartered's India investment banking team had been given the mandate to select a potential buyer.

Mugabe threatens action against sanctions

Mon, 20 Dec 2010 16:07:22 +0200

Harare, Zimbabwe --- MININGREVIEW.COM --- 20 December 2010 - Mining companies are very much to the fore in the latest threat by President Robert Mugabe of Zimbabwe to act against companies from Western countries that have imposed sanctions on his party over suspected election fraud and rights abuses.

The 86-year-old leader has repeated threats to nationalise foreign firms, threatening to retaliate against companies such as Rio Tinto and Anglo American which operate in Zimbabwe.

Korea to build diamond mine in Cameroon

Mon, 20 Dec 2010 15:58:30 +0200

Paris, France --- MININGREVIEW.COM --- 20 December 2010 - The government of Cameroon has revealed that a new diamond mine is to be established in the central African country.

The government has approved a plan by South Korea’s C&K Mining to build the diamond mine near the southeastern town of Yakadouma, French news agency Agency France-Presse (AFP) reports.

Anglo may buy Oppenheimers out of De Beers

Mon, 20 Dec 2010 10:11:21 +0200

Johannesburg, South Africa --- MININGREVIEW.COM --- 20 December 2010 - Mining giant Anglo American plc ‒ one of the world's largest diversified mining and natural resource groups ‒ may buy the Oppenheimer family out of diamond company De Beers.