Posts Tagged ‘africa’

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High River Gold announces preliminary production results for 2011

TORONTO, ONTARIO–(Marketwire – Jan. 18, 2012) -  High River Gold Mines Ltd. Full story

South Africa’s mining production down 4.6%

South Africa’s mining production dropped by 4.6% year-on-year in November, compared with a decline of 12% in October, Statistics South Africa reported on Tuesday. Full story

Newmont plans $3 billion in capex in 2012; copper output expected to fall

Newmont Mining (NYSE:NEM), the world’s fourth-largest gold miner, says it plans to spend $3.0 to $3.3 billion on capital expenditures in 2012. Full story

South African PGM production down 2.7 percent

South African platinum group metal production was down 2.7 percent for the three months ended November 2011 compared with the three months ended August 2011. Statistics South Africa released its  Mining: Production and sales report on Tuesday . Full story

Good African gold and copper mining juniors offer serious opportunities: Welch

Recent trips to Africa have bolstered Chris Welch's conviction that mining plays in Africa are being overlooked, but it's not too late for investors to get in on the ground floor. Full story

South Africa’s platinum miners not worried of power cuts

Despite a warning by South Africa's power utility that supply would be extremely tight this month, the country's platinum miners are confident there will be enough to power their mines. Full story

Gold, iron ore found at Sandawana

THE Zimbabwe Mining Development Corporation has discovered gold and massive iron ore deposits at its emerald and tantalite Sandawana Mine in Mberengwa District. The Government-owned conglomerate is exploring for other minerals at the mine, amid reports... Full story

Zimplats accused of underpaying royalties by Zimbabwe authority

Zimbabwean platinum producer Zimplats has been accused of underpaying royalties by the Zimbabwe revenue authority and is now locked in a legal battle to fend off a $28 million claim for outstanding payments. Full story

Helio Reports Drill Results from the Tumbili Target, SMP Gold Project, Tanzania

•       Mineralisation confirmed over 1.4km strike length (still open) •       New High Grade zone – 2m grading 17.8g/t Au Full story

Residents along polluted river threaten to deal with Newmont

Residents of Kwame Boahenkrom in the Asutifi north district of the Brong Ahafo Region have threatened to deal ruthlessly with Newmont Ghana Gold Limited if they do not halt polluting their water bodies. According to the residents, water bodies in the... Full story
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