Thursday , 19 April 2018

Category: Mining & Engineering

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  • AngloGold CEO quits, joins Vedanta Resources

    AngloGold CEO quits, joins Vedanta Resources

    by AKANI CHAUKE JOHANNESBURG, (CAJ News) - SRINIVASAN Venkatakrishnan has resigned as Chief Executive Officer of AngloGold Ashanti to take a similar role at Vedanta Resources. He w ...

  • Metallon dismisses externalisation charge in Zimbabwe

    Metallon dismisses externalisation charge in Zimbabwe

    By AKANI CHAUKE JOHANNESBURG, (CAJ News) - SOUTH Africa’s Metallon Corporation has refuted media reports it externalised US$31 million from its operations in Zimbabwe. The allegati ...

  • Kenya coal plant confirmed for coast

    Kenya coal plant confirmed for coast

    by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) - EAST Africa's largest economy - Kenya’s first coal-fired plant is set to bring electricity to an area of high unemployment and puts th ...

  • Tech revolution changing face of iron ore mining

    Tech revolution changing face of iron ore mining

    by AKANI CHAUKE JOHANNESBURG - AN investment of R500 million (US$42,8 million) in technology by Kumba Iron Ore, Africa’s largest producer of the mineral, is paying dividends. The i ...

Bruce appointed new De Beers CEO

Bruce appointed new De Beers CEO

 GIFT NDOLWANE JOHANNESBURG - DE Beers has announced the appointment of Bruce Cleaver as Chief Executive Officer.The appointment will take effect on July 1, this follows Philippe ...

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Cullinan gem is world’s most expensive diamond

Cullinan gem is world’s most expensive diamond

GIFT NDOLWANE JOHANNESBURG  - THE Cullinan Dream has become the largest fancy intense blue diamond ever to be offered up to auction, with a value estimate of between US$23 million ...

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Assmang furnaces commissioned

Assmang furnaces commissioned

GIFT NDOLWANE JOHANNESBURG- ASSMANG Proprietary Limited, a joint venture of African Rainbow Minerals (ARM) and Assore Limited, has announced the successful commissioning of the fi ...

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Goldfields reaches agreement with Ghana

Goldfields reaches agreement with Ghana

GIFT NDOLWANE JOHANNESBURG  - GOLD Fields has announced the conclusion of a development agreement with the Government of Ghana for both the Tarkwa and Damang Mines. The reduction ...

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Anglo American reveals spend in CSI

Anglo American reveals spend in CSI

GIFT NDOLWANE JOHANNESBURG- ANGLO American, the mining firm, invested more than US$124 million in Corporate Social Investment expenditure in the past year. During the period, Angl ...

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Platinum miner mourns revenue, life losses

Platinum miner mourns revenue, life losses

by TINTSWALO BALOYI JOHANNESBURG - ROYAL Bafokeng Platinum has announced a substandard set of results for 2015. This was compounded by the loss of five employees during the period ...

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Cost cutting pays off for AngloGold

Cost cutting pays off for AngloGold

JOHANNESBURG - ANGLOGOLD Ashanti, which has generated free cash flow of $160 million in the fourth quarter, believes its debt-cutting measures are bearing fruit. The Johannesburg- ...

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Implats closes mine after deadly inferno

Implats closes mine after deadly inferno

JOHANNESBURG, (CAJ News) - IMPLATS has closed its Rustenburg mine after an underground fire killed some employees. Four miners died last Friday. Implats’ Chief Executive Officer, ...

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Mining firms’ encouraging uptake of technology

Mining firms’ encouraging uptake of technology

JOHANNESBURG, (CAJ News) - SAP, the multinational software corporation, is exploring ways of enhancing the growth of the mining industry through technology. In line with that, som ...

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Latest strike to paralyse SA mining sector

Latest strike to paralyse SA mining sector

By SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) - MINING is set to grind to a halt as 30 000 South African mine workers down their tools amid demands for a salary increment. The worke ...

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