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Jonathan Faurie
Sierra Leone’s Koidu diamond expansion project ‘on schedule and within budget’
9th September 2011 Diamond-mining major Koidu Holdings reports development on the Koidu kimberlite expansion project, in Sierra Leone, is on schedule and on budget, promising to ramp up mining production to 100 000 t/m by the second quarter of 2012. →
Market analyst predicts financial market slump that will wreak havoc on commodities
2nd September 2011 Global market analyst Natixis Commodities Markets (NCM) warns of a ‘rocky road’ ahead for the global financial markets, which could wreak havoc on commodities as demand will slow. →
Gold miner forks out R387-million on wages each year
26th August 2011 South African gold-mining major Harmony Gold says wages cost the company as much as R387-million a year. →
Exxaro’s Grootegeluk Medupi expansion project to start production in latter half of 2012
26th August 2011 South African diversified miner Exxaro Resources is eyeing its next major coal project as the company forges ahead with bringing home the Grootegeluk Medupi expansion project (GMEP), in Limpopo. →
Aberrant production practice rearing its head in mining, says security executive
19th August 2011 A new aberrant production practice is rearing its head in mining, says the executive of a security company. →
Decision not to cut training during crisis bearing fruit
19th August 2011 The decision by BHP Billion Energy Coal South Africa's (Becsa's) leadership to refrain from cutting the company's education and training expenditure during the 2008/9 global financial crisis has proved beneficial, operations VP Wilco Uys told delegates attending a recent leadership in mining... →
Aberrant production practice rearing its head in mining, says security executive
19th August 2011 A new aberrant production practice is rearing its head in mining, says the executive of a security company. The new mining malaise allegedly comes in the form of the irregular creation of undisclosed production streams that benefit insiders. →
Junior reports better than expected results at Zim and DRC projects
19th August 2011 UK mining junior with a strong African focus reports the company has achieved better than expected results at its Freda Rebecca gold project, in Zimbabwe, and its Zani Kodo gold project, in the Democratic Republic of Congo. →
Explorer reports ‘promising’ Burkina Faso sample returns
19th August 2011 ASX-listed Golden Rim Resources has received anomalous soil sample gold assays from its newly acquired Komondi permit at the Sebba project, in Burkina Faso. A gold-in-soil anomaly has been identified over a length of 7.1 km and has a width of 700 m. Grades of up to 14.5 g/t were obtained during... →
Containing costs key as double-dip worries rise
19th August 2011 Gold-mining major Gold Fields reports that containing costs will be a major priority of the company moving forward as fears of a double-dip recession gain momentum. →
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