Platinum miners in South Africa have been taking a beating due to the drop in demand for the metal from car producers in Europe
Mining
SA mining nationalisation threat lingers on
Fear of nationalisation of mines in South Africa continue to push away potential investments in the country. (Image source: timofair/Flickr)
Persistent fears of the forced nationalisation of mines in South Africa have jeopardised potential investment in the country, according to ratings agencies Fitch and Standard & Poors
SA gold mine closed after fire accident
The South African government was forced to shut down a gold mine owned by one of the world’s top gold producers, Gold Fields, after an underground fire killed five workers
Mozambique government urges sustainable ruby mining
Mozambican President Armando Guebuza has urged residents of Msawise in the northern province of Niassa to engage in sustainable ruby mining in the region
SA coal mining firm to import Chinese mine equipment
China-based equipment manufacturer Taiyuan Heavy Industry is exporting the equipment to South Africa. (Image source: Taiyuan Heavy Industry)
South African coal mining firm Exxaro Resources will import two Chinese WK-35 rope shovels to boost production at its Grootgeluk coal mine
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