Global mining giant Anglo American has made a priority of its struggling platinum business, admitting earlier this year that the world's largest primary producer ‒ Anglo American Platinum (Amplats) ‒ is underperforming in the face of soaring costs, imposed safety stoppages and weak demand.
Shell International Trading and Shipping Company Limited has resumed trading in coal derivatives more than a decade after parent Royal Dutch Shell exited the coal business and sold its mines.
The head-frame of Gold Fields’ Tau Tona mine is the lone entrance to over 800km of tunnels
Gold Fields Limited ‒ the world's fourth-largest gold producer ‒ has reported an 18% fall in quarterly earnings, albeit above expectations, as output and the bullion price in South African rand both declined.
The plant at Paladin Energy’s Kayelekera uranium mine in Malawi
Paladin Energy Limited ‒a TSX and ASX-listed uranium production company with two operating mines in Africa ‒ says it is confident of an early return to full production at its Kayelekera mine in Malawi, where workers have been on strike since last weekend.
African Barrick Gold has announced that it will pay the Tanzanian government an additional one percent in royalties, citing the current gold price environment.
The plant at Paladin Energy’s Kayelekera uranium mine in Malawi
Paladin Energy Limited ‒a TSX and ASX-listed uranium production company with two operating mines in Africa ‒ has announced that agreement in principle has been achieved for a return to work by striking employees at its Kayelekera mine in Malawi.
The vertical shaft at Burnstone mine is used primarily for rock hoisting, but is also equipped for the insertion and extraction of men and material
International mining company Great Basin Gold took its first, tentative steps towards turning around its South African gold development asset, the Burnstone mine, meeting its gold production targets for the first quarter of 2012.
An Anadarko exploration vessel at work in the Rovuma Basin off the coast of Mozambique
U.S. explorer Anadarko Petroleum Corporation has discovered a major new gas field off the Mozambique coast ‒ a development which could trigger a bid battle for one of its partners, Cove Energy.
Buzwagi ‒ one of African Barrick’s four gold mines in Tanzania
A fall in national gold production caused by rising operational costs because of unreliable power supply is making Tanzania's dream to be among the four biggest gold producers in Africa increasingly difficult to realise.
Niassa province ‒ reputed to have coal reserves as extensive as those of Tete
The government of Mozambique is preparing to open up new blocks in the Rovuma basin in the north of the country, which will be offered under concession to companies interested in prospecting for hydrocarbons.
Australian-based and listed African Energy Resources has discovered another coal resource close to the two existing mines in the Sinazongwe area of Zambia’s Southern Province.
A task team report on the effect of Section 54 safety stoppages at South African mines after fatal accidents has been completed and will be released at a yet-to-be-scheduled industry stakeholder meeting.
All is quiet at Northam Platinum’s Zondereinde mine in South Africa’s Limpopo province, and management has announced that smelting operations have been suspended.
Platinum producer Lonmin says the company’s first-half pre-tax profit fell to US$18 million from US$159 million a year ago, hit by rising costs, weak European demand and safety stoppages that weighed on its production over the six months.
The mill at Iamgold’s Essakane mine in Burkina Faso
Iamgold Corporation ‒ a leading mid-tier gold mining company producing approximately 1Moz annually from five gold mines on three continents ‒ reports that it is on track to meet its annual guidance despite a slow start in the first quarter of 2012.
ArcelorMittal SA (Amsa) posted a R543 million turnaround quarter-on-quarter to report a R283 million profit for the three months ended March 2012 ‒ a performance CEO Nkululeko Nyembezi-Heita described as ‘a huge relief’ and ‘highly satisfying’.
Anglo American Platinum’s prototype of the first fuel cell- powered mining locomotive
Anglo American Platinum ‒ the world's top producer of the precious metal ‒ has launched what is said to be the first fuel cell-powered mining locomotive, showing the technology's potential as a clean energy source.
The Chapudi coal project ‒ has both thermal and coking coal
Coal exploration, development and mining company Coal of Africa Limited (CoAL) has been granted official South African government approval for the purchase of the Chapudi coal project and related exploration properties in South Africa’s Soutpansberg coalfield in the Limpopo Province.
South African coal miner Strategic Natural Resources plc (SNR) will open a new coal export route using the East London port in the Eastern Cape when its joint venture marketing firm begins shipments in December.