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NUM postpones planned coal sector strike
Published: 17 Nov 17
The National Union of Mineworkers (NUM) will postpone its planned strike in the coal sector, as some coal companies have decided to table new offers to NUM members. The union on Friday said the coal companies would present the new wage offers on Monday, after which the union would decide to accept the new offers or to serve a 48-hour strike notice.
TNPA launches uMkhomazi tug
Published: 17 Nov 17
Transnet National Ports Authority (TNPA) on Friday launched its penultimate tug as part of its R1.4-billion, nine-tug construction contract. The uMkhomazi tug, which means “place of cow whales” in Zulu, will serve at the Port of Durban. The moniker was given by the Zulus in reference to large numbers of whales once using the estuary as a nursery and the name follows the port’s tradition of naming its marine fleet after local rivers.
Icasa publishes second draft of End-User and Subscriber Service Charter
Published: 17 Nov 17
The Independent Communications Authority of South Africa (Icasa) has published a second draft of the End-User and Subscriber Service Charter regulations for public input. Interested stakeholders have until January 3 to submit their written comments, following which, Icasa will host public hearings from February 7 to 9.
Brazil's Samarco mine sees need to cut staff by 600
Published: 17 Nov 17
Brazilian iron-ore miner Samarco has told unions it needs to cut 600 workers by December, the joint venture between Brazil's Vale and Anglo-Australian miner BHP Billiton said in a statement on Friday. Samarco said it would resume talks with unions Metabase Mariana and Sindimental on Friday following Thursday meetings on the need to reduce staff to 1 135 from 1 735.
Alrosa Q3 net profit halves on losses from flooded mine
Published: 17 Nov 17
Alrosa, the world's largest producer of rough diamonds, said third-quarter net profit has halved to 12.95-billion roubles from the year-ago period, caused by losses related to a flooded underground mine. The company said it incurred losses worth 7.38-billion roubles from the flooded mine Mir.
Sampling confirms lithium in Namibia – Montero Sampling confirms lithium in Namibia – Montero
Published: 17 Nov 17
Exploration and development company Montero, which is putting mineralisation to the test in Namibia in search of a lithium resource, on Friday confirmed the presence of the soft silver-white metal in central Namibia. “Montero’s first channel sampling programme has confirmed lithium,” Montero CEO Dr Tony Howard said in a release to Creamer Media’s Mining Weekly Online.
Benin government requests MTN Benin CEO to leave the country
Published: 17 Nov 17
The Benin government has ordered MTN Benin CEO Stephen Blewett to leave the country within seven days. Blewett, who has lived in the country since 2015, on Friday received official notification to exit the country by November 24 on the basis of his alleged engagement in “activities detrimental to security and public order” – allegations refuted by MTN.
Corsa sees sales volume growth for sixth consecutive quarter
Published: 17 Nov 17
Even though the global supply chain for metallurgical coal remains challenged and prone to disruption, strong steel pricing and production levels have helped to sustain a high level of demand for raw materials, which include metallurgical coal, according to Corsa Coal CEO George Dethlefsen. In a statement released Thursday, the US-focused coal producer revealed that the company’s volume growth for metallurgical coal sales had increased by at least 20% for the sixth consecutive quarter in the third quarter ended September 30, growing 44% quarter on-quarter.
Botswana Diamonds positive about potential at South African project
Published: 17 Nov 17
A detailed ground geophysical survey undertaken on eight Group 1 kimberlites at Aim-listed Botswana Diamonds’ Free State exploration project, which is located between Bloemfontein and Kimberley, in South Africa, has indicated that the sizes of these kimberlites range from 0.3 ha to 1.15 ha. The kimberlite sizes were determined using a combination of magnetic, electromagnetic and gravity geophysical techniques, which has resulted in strong images of the footprints of the kimberlites.
Eskom tariff hike a threat to mining jobs – CoM
Published: 17 Nov 17
The Chamber of Mines (CoM) on Friday opposed State-owned power utility Eskom’s proposed 19.9% tariff increase application, stating that the increase would send South Africa into a vicious downward spiral of higher electricity prices, lower growth and lower electricity consumption. Presenting at the National Energy Regulator of South Africa’s (Nersa’s) hearings, in Gauteng, CoM chief economist Henk Langenhoven said Eskom would be a key contributor to a no growth economy and credit downgrades – and the mining industry would take a significant knock.
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