I-Net bridge

9 news results for the tag: I-Net bridge.

Strike ends at Sasol Mining in Secunda

October 25th, 2007

A 12-day-long strike at Sasol Mining in Secunda has come to an end with both Sasol and employees represented by the newly recognised United People’s Union of South Africa (Upusa) trade union agreeing that work would resume on Thursday afternoon.
An estimated 2 000 employees, or one-third of the Sasol Mining workforce, embarked on the strike [...]

Aquila gets iron ore tenements in SA

April 16th, 2007

Australian mining group Aquila Resources announced on Thursday that it has been granted a suite of strategic iron ore exploration tenements in South Africa.
The tenements comprise the Northern Cape and Thabazimbi Projects, strategically positioned adjacent to existing iron ore mines and associated infrastructure.
Aquila and Rakana Consolidated Mining, in which Australian and South African-listed Tawana Resources [...]

Kumba Iron Ore shows its maiden

February 16th, 2007

Kumba Iron Ore, which listed late in 2006, has reported earnings per share of 84 cents for its first two months of existence to end-December.
The company has also reported a R153 million expense arising from its sale of equity to the Sishen Iron Ore Company community trust, following the split of Kumba Resources last year.
The [...]

Kumba drilling re-commences

February 16th, 2007

Kumba says it has re-commenced drilling on the disputed Faleme iron ore deposit in Senegal with permission from that country’s minister of mines.
The country’s government and Mittal Steel, announced a deal over the same project last year which is where the dispute arose.
“We have not progressed on any specific legal impediments, or reached conclusions on [...]

South Africa: Mining production lags in ‘06

February 12th, 2007

South Africa’s mining production, including gold, declined 1.1 percent in 2006 compared with 2005, Statistics South Africa said on Monday. This was the only annual decrease since 2000, Stats SA commented.
However, total mining production for the three months ended December after seasonal adjustment, increased by 5.5 percent compared with the previous three months — due [...]

Positive Results From Infill Drilling at Spitzkop

January 31st, 2007

The second batch of assay results from infill drilling at the Spitzkop platinum group metals (PGM) project in South Africa reflect the high PGM grades and particularly the high platinum (56%) and rhodium (8%) content of the UG2 reef at Spitzkop, Eastern Platinum (Eastpats) said on Tuesday.
Ian Rozier, President and CEO of Eastplats reported that [...]

Modikwa mine talks end in deadlock

January 30th, 2007

A Monday meeting between National Union of Mineworkers’ (Num’s) representatives and the management at the Modikwa mine ended without resolve.
Onis Ferothwane, one of the negotiators representing the Num, said no agreement was reached in the talks, and that the strike continues.
However, Pieter Rörich, an executive director at African Rainbow Minerals, one of the mine’s owners, [...]

Uranium One Boosts Resources at Dominion

January 17th, 2007

SXR Uranium One, the soon-to-be uranium producer, has boosted indicated uranium resources at its Dominion uranium mine near Klerksdorp following further drilling on the project.
The company has also included the resources of its dumps at Dominion, which it says will be treated during the first three years of plant operation than projected in a technical [...]

sxr Uranium mum on Canada buy

September 18th, 2006

sxr Uranium One (sxr), which owns the South Africa’s largest undeveloped uranium mine, is tight-lipped about a report that it held talks to acquire Canada’s Denison Mines.
Sxr’s chief executive Neil Froneman would not comment on questions regarding the talks, but he did state that Uranium One would consider acquiring assets as long as they were [...]