| ILLEGAL PROTESTS |
| Government acts on SA mine violence |
| Put down your weapons and stop committing violence, or face the full might of the law, Justice Minister Jeff Radebe warned striking miners on Friday. In an announcement made in Pretoria, following a meeting of security cluster ministers and other Cabinet members, he said government would no longer tolerate the violence, threats and intimidation taking place in the mining sector. Full Article |
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| PLATINUM |
| Aquarius temporarily suspends Kroondal operations |
| SE-listed platinum producer Aquarius Platinum on Friday followed Anglo American Platinum's lead, and temporarily suspended operations at its Kroondal platinum mine, near Rustenburg, for safety reasons. Aquarius has not received any demands and said that it had not been impacted by the nearby illegal strike action. CEO Stuart Murray stated that the closure was more precautionary "to ensure the safety and security of the employees and assets". Full Article |
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| INFRASTRUCTURE & MINING |
| Railway investments needed to cope with Zimbabwe coal growth |
| In its current state, Zimbabwe's railway network would not be able to accommodate the anticipated growth in the country's coal sector, Zimbabwe Ministry of Transport, Communications and Infrastructural Development principal director Mufaro Gumbie said this week. With sufficient financial assistance, Zimbabwe's coal production was expected to reach seven-million tons a year, from two-million tons forecast for 2012. Full Article |
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| ZIMBABWE MINING |
| Zimbabwe banks unable to meet mining needs – economist |
| Foreign direct investment (FDI) inflow was critical to bridge the funding gap in Zimbabwe's mining sector, as the country's banks were not able to fully meet the financing needs of mining companies, BancABC group economist James Wadi said at this year's Zimbabwe Mining Indaba. "We need to discuss what needs to be done to attract meaningful FDI, which will be directed to the mining sector," he urged. Full Article |
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| ALASKA MINING |
| Pebble mine's problems underline environmental tensions in Alaska |
| As summer turns to fall in Alaska, mining companies small and large are bringing their primary exploration and development campaigns to a close. They will have also been strengthening community relations and monitoring the environment in which they work. Formulation of plans and feasibility studies that strictly adhere to best environmental practice are, quite rightly, the norm. Full Article |
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| LABOUR |
| Lonmin tables offer to strikers |
| Embattled platinum producer Lonmin was awaiting a response from the workers' delegation after the company tabled a wage offer on Thursday evening during the ongoing wage negotiations. Lonmin spokesperson Sue Vey told Mining Weekly Online that the offer was communicated to the striking workers, who were gathered at the nearby Wonderkop hill, and that the company hoped to receive a response when negotiations resumed at 12:00 on Friday. Full Article |
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| MANGANESE |
| 208-wagon power train leaves for PE |
| The first distributed power train carrying a load of manganese was expected to arrive in Port Elizabeth on Friday evening, completing its 1 085 km maiden trip, said emerging manganese miner Tshipi é Ntle CEO Finn Behnken. The test train, which left Tshipi's new rail siding at its Tshipi Borwa manganese mine, in Kathu, in the Northern Cape, on Thursday, transported over 13 000 t of manganese, on 208 CR wagons. Full Article |
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| INFRASTRUCTURE |
| Zambia to invest $120m in key copper railway line |
| ambia will invest $120-million to revamp a railway line linking Africa's top copper producer with South Africa to move transport from road to rail, its Finance Minister said on Friday. Zambia exports the bulk of its copper through the port of Durban in South Africa, but most mining companies transport the metal by road because railway transport has been unreliable. Full Article |
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| M&A |
| Xstrata board expected to back Glencore bid next week |
| Xstrata's board is expected to recommend Glencore's revised $34-billion bid as early as next week, sources close to the deal say, although it may come with some qualification surrounding such issues as staff retention. Glencore, already Xstrata's biggest shareholder with a 34% stake, made its original recommended all-share offer in February but hit trouble in June when the company's second-biggest investor Qatar Holding demanded an improved deal. Full Article |
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| NICKEL |
| Madagascar signs operating permit for Ambatovy mine |
| Madagascar has signed an operating permit allowing Canada's Sherritt International and partners to begin production at what will be one of the world's biggest nickel mines. Mines Minister Daniella Rajo Randriafeno said the permit would be valid for six months. During that time, a technical, financial and environmental audit would be carried out by an international firm. Full Article |
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| LABOUR DISPUTE |
Second Take: Marikana accountability  |
 | Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about accountability at Marikana. Full Article |
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