JOHANNESBURG  - Mineral development company Bushveld Minerals, which owns iron-ore and tin projects in Nigeria, promises to obtain a listing on the Aim market.

The business reported Friday that through its London listing, it would attempt to raise around ￡5-million to advance the execution of the Bushveld Complex development programme.

Its flagship projects were the Bushveld iron-ore project along with the Mokopane tin project for the northern limb with the Bushveld ... Read More

JOHANNESBURG  - South Africa’s second-largest coal miner Exxaro Resources is moving ahead with intends to generate clean energy, CEO Sipho Nkosi said on Thursday.

Exxaro, which established some pot venture (JV) called Cennergi by having an undisclosed third party, is planning five renewable power projects - two solar and three wind.

The JV would submit tenders under the Department of Energy’s (DoE’s) ‘request for qualification and proposals for brand spanking ... Read More

PRETORIA (miningweekly.com) - Finance Minister Pravin Gordhan is establishing a growth capital incentive for junior mining companies to bolster growth in the South African mining sector.

The fund would, throughout the International Finance Corporation, make R24.6-million annually available to emerging and developing mining companies in an attempt to promote small business owners in mining.

This formed portion of government’s broad support to your business sector to deve ... Read More

PERTH  - Diversified giant Rio Tinto on Tuesday reported it would further its Mine for the future programme by developing and testing technologies in underground tunneling and mineral recovery.

The miner is expanding trials of new shaft and tunnel boring systems, targeted at significantly lowering the time taken up excavate underground, using the announcement of your second tunnel boring trial.

Rio is doing work in partnership with Atlas Copco for the trial, that will ... Read More

JOHANNESBURG  - Nigeria is more just a few coal than another country on earth, XMP Consulting analyst Xavier Prevost showed with the elaborate table of statistics flashed on the screen at last week’s IHS McCloskey South African Coal Exports Conference, in Cape Town.

But South Africa does not have an explicit coal policy despite its crucial reliance upon the mineral, University of Cape Town Graduate School of Business’s Professor Anton Eberhard described to the same audie ... Read More