Latest News for: South africa mining

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AfricaSouth Africa's Nedbank to stop funding new coal mines

Reuters 22 Apr 2021
South Africa's Nedbank (NEDJ.J) will stop financing new thermal coal mines from 2025 and cut direct funding of new oil and gas exploration projects with immediate effect, it said on Thursday amid growing pressure on banks from climate activists.
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Activist group lauds Nedbank for best climate commitment by an SA bank

Mail Guardian South Africa 22 Apr 2021
financing to thermal coal mines outside of South Africa;direct financing of any new oil exploration projects;direct financing of any new gas exploration projects; financing for new utility-scale or embedded oil-fired power generation, unless it is integrated as backup supply to ...
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Jupiter records strong year, despite pandemic

Mining Weekly 22 Apr 2021
... the Tshipi Borwa manganese mine in South Africa.
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Back from Mozambique, mercenary sees 'only hardships' for insurgent-hit north

Urdu Point 21 Apr 2021
Speaking to AFP from his home on South Africa's west coast, the 77-year-old retired Zimbabwean army colonel expressed concern at the security vacuum created by DAG's departure ... In 1990, Dyck retired from the army and moved to neighbouring South Africa, where he started a de-mining company and sought new thrills.
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China owns a lot more gold than it’s letting on – and here’s why

Moneyweek 21 Apr 2021
Since 2000, China has mined roughly 6,500 tonnes ... Crucially, China keeps the gold it mines –exporting of domestic mine production is not allowed. With reserves in decline at home, Chinese mining companies have also been buying assets abroad, across Africa, South America and Asia.
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Rough-Price Recovery Bolsters Petra’s Sales

Diamonds Net 20 Apr 2021
Production for the January-to-March period fell 24% to 704,498 carats, mainly due to inclement weather at the Finsch and Koffiefontein mines in South Africa and the continued shutdown of the Williamson mine in Tanzania. However, output at the company’s Cullinan site in South Africa rose 9% to 463,703 carats.
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Empowered company strengthens standing in manganese mining

Mining Weekly 20 Apr 2021
It is also the largest single manganese mine and exporter from South Africa and one of the five largest manganese ore exporters globally.
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The stampede to exit coal is a worrying harbinger for LNG: Russell

Mining Dot Com 20 Apr 2021
Of course, for buyers of distressed coal assets such as Seriti, the opportunity remains to run the acquired mines for many years and sell the coal profitably to South Africa’s state-owned energy utility Eskom.
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South Africa wildfire that burned University of Cape Town, library of African antiquities under control

The Keene Sentinel 20 Apr 2021
Initial reports of fire damage at the Rhodes Memorial fueled speculation of arson due to protests in recent years against the colonial legacy of Rhodes, a 19th-century mining magnate who founded the global diamond giant De Beers and is a controversial figure in South Africa’s history.
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BlueRock lifts Kareevlei production, extraction and grade

Mining Weekly 20 Apr 2021
Aim-listed diamond producer BlueRock Diamonds, which operates ...
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An explosion of hope

The Voice Botswana 20 Apr 2021
Molalapata, who has extensive knowledge and experience in mining and quarrying from both South Africa and Botswana, said after careful evaluation of all the different cases they landed at the Tsholofelo family ... The company is currently contracted by Lucara Botswana, to provide blast hole drilling services at Karowe Diamond mine.
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Theta Gold Mines Limited (ASX:TGM) Investor Presentation April 2021

MENA FN 20 Apr 2021
(MENAFN - ABN Newswire) Theta Gold Mines Limited (ASX.TGM) (OTCMKTS.TGMGF) controls the Eastern Transvaal Gold Fields, where South Africa's gold mining industry began almost 130 years ago. Theta's ... .
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Is Orion Minerals the most attractive resources stock when discussing value?

Independent online (SA) 19 Apr 2021
I used the JSE-listed junior mining companies in South Africa to calculate a Junior Mining Company Index for South Africa ... Furthermore, the company, as in the case of other mining companies in South Africa, is vulnerable to changes in labour laws, foreign exchange restrictions, a ...
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Police on the hunt for burglars after Zondo commission break-in

Independent online (SA) 19 Apr 2021
In January, a long-time contractor of Alexkor Mine told the commission that Parliament had done nothing about his reports of the alleged capture of Alexkor Mine by politicians and business elites of South Africa.
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M&R division awarded R2.3bn contract for Newmont shaft lining and equipping

Mining Weekly 19 Apr 2021
Australia-based mine and civil contracting company RUC Cementation Mining Contractors (RUC) – a a ...
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