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Amplats may spend about K50 bln

Strike afflicted and Anglo American owned Platinum miner, (Amplats) was capitalising its mechanised mines and might spend up to R100-billion (about K50 billion) on them plus Amandelbult in the next ten years, its chief executive officer, Chris Griffith told Mining weekly, Monday. At the company’s announcement of highly acceptable financial results …

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ThoroughTec simulators to be showcased at Electra 2014

Global advanced training simulator provider ThoroughTec Simulation will be demonstrating their new CYBERMINE continuous miner and dragline simulators at Electra Mining Africa 2014 between 15-19 September. Both of these simulators were designed and built at ThoroughTec’s state-of-the-art facility in Umhlanga Ridge, Durban. The CYBERMINE continuous miner, based on a Joy …

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President Joseph Kabila ‘kicks-out’ Gegamine boss

Ahmed Kalej Nkand, the chief executive officer for Democratic Republic of Congo’s state-run largest copper producer, Gecamines has been fired for alleged ‘gross negligence’ according to a Presidential decree issued by the Presidency, Reuter’s reports. Although Government officials have not divulged details and reasons for the dismissal of Nkand, it …

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Vale’s nickel production fell over 5 percent

Vale Mining Limited, Brazil’s diversified multinational miner’s total nickel output stood at 61,700 tons in the June quarter this year, compared to 65,200 tons a year earlier, the company has said. In a statement, the company states that from January to June 2014, the miner produced a total of 129,200 tons …

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Zambia’s copper outturn soars-BOZ

Copper output from Zambia, Africa’s main copper producer increased over 100,000 tones in the first quarter this year compared to a year earlier, the Bank of Zambia says. According to the Lusaka-Based Bank of Zambia, copper production rose to over 400,000 metric tons in the first quarter of 2014 from …

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