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Mining Weekly Editor Martin Creamer discusses the value Copper 360 has identified at its mines in the Northern Cape; Botswana Diamonds' new prospecting licence in the Northern Cape; and the importance of making South Africa a country of choice.
JSE-listed Impala Platinum (Implats) has acquired a further 0.08% of the share capital of Royal Bafokeng Platinum (RBPlat). Implats now owns 56.1% of RBPlat’s shares in issue.
Rail operator Transnet Freight Rail (TFR) says urgent recovery efforts are under way to restore operations to its ore corridor, after wagons derailed in the early hours of June 14. Teams were dispatched to the scene immediately.
Junior Globe Metals & Mining has been given a slight reprieve in the timeline to develop its Kanyika niobium project, in Malawi. The company on Wednesday told shareholders that the Malawian Commissioner of Mines and Minerals had provided the company with a letter stating that mine development at Kanyika would need to commence within 18 months from the signing of the Mining Development Agreement (MDA), which was down at the end of March this year, with substantial commercial mineral production expected within 60 months from the signing of the MDA.
Chile's State-owned Codelco, the world's largest copper producer, announced on Tuesday the resignation of its CEO Andre Sougarret. Sougarret will remain in his post until August 31, according to a company statement. Complexities in managing a state mining company in "current times and circumstances" are among the reasons for Sougarret's resignation cited in the statement.