Category archives for: Mining & Engineering

Anglo American sheds Eskom thermal unit

CASH COW: Eskom is paying premium prices for good quality coal. 23/02/09. Pic. Marianne Schwankhart. © The Times. Comment - Coal's true price: How the real costs of mining pass on to the community [Page 12] Black gold ... more coal mines like this will be established worldwide to meet an insatiable demand for affordable energy, despite opposition from green activists. Business Day. 28/04/2010. Pg 15. FM Green Report 15/10/2010, pg 26. Bad energy. Coal power stations are high polluters.

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – ANGLO American has announced the sale of its Eskom-tied domestic thermal coal operations in South Africa to a wholly owned subsidiary of Seriti Resources Holdings Proprietary Limited. The deal is worth R2,3 billion (about US$164 million). The buyer is a company majority owned by historically disadvantaged South Africans […]

DRC Mining Week expands to connected sectors

Big yellow truck

From JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – THE award-winning Democratic Republic of Congo (DRC) Mining Week returns to Lubumbashi in June with a broadened focus to include the agriculture, energy and construction. Again, thousands will gather for practical annual mining and industrial expo. Event Director, Elodie Delagneau, says DRC Mining Week is […]

Glencore sales off stakes in African markets

GLENCORE

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – GLENCORE, the Anglo–Swiss multinational commodity trading and mining company, has shed off major stakes in its operations in Namibia and Burkina Faso for US$400 million. Tevallli, the Canadian zinc-focused, base metals mining company, will purchase Glencore’s 80 percent interest in the Rosh Pinah mine in Namibia and 90 […]

Ewen to advise Asante Gold in Ghana

ASANTE GOLD

From RUSSELL ADADEVOH in Accra, Ghana ACCRA, (CAJ News) – A, the American-headquartered mining firm, has appointed Eric Ewen as a consultant and advisor to the Board of Directors. He is resident in Accra, Ghana. The company welcomed Ewen’s keen prospecting talents to its Advisory Board as it continued to explore and develop the southern […]

Mining and energy ministers descend on TXF Africa 2017

TXF Africa 2017

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – AFRICAN mining and energy executives will together with ministers converge in Kenya at the end of the month to discuss prevailing trends in the industry. Dan Kazungu Muzee, Cabinet Sectary at the Ministry of Mining in Kenya, has been confirmed as a keynote speaker for […]

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