Western Areas

5 news results for the tag: Western Areas.

Chinese nickel producer takes WA stake

March 31st, 2008

China’s largest nickel producer, Jinchuan Group Ltd, has taken a 11 per cent equity stake in Perth-headquartered nickel explorer and producer Fox Resources Ltd.
The news sent Fox shares north, up 15 cents, or 30.93 per cent, to 63.5 cents at 1229 AEDT on Monday.
Jinchuan secured statutory approvals from the Chinese Government and the Provincial Government [...]

IRAN’S ENERGY PROBLEMS NECESSITATE POWER CUTS

January 10th, 2007

Despite its wealth of oil and natural-gas reserves, Iran has faced a gas crunch as people turn up the heat this winter. Partial or total energy cutoffs were reported in 11 provinces, with residents of colder western provinces worst-affected, and exports to Turkey were suspended for five days.
The National Iranian Gas Company issued a statement [...]

Ezulwini Will Be a Cornerstone of First Uranium

November 22nd, 2006

ONE of the cornerstones of the planned $300m development of the assets of First Uranium, which Simmer & Jack plans to list in Toronto, will be its Ezulwini gold and uranium mine.
This mine, known formerly as the Randfontein Number 4 Shaft, is one that previous owners have tried, and failed, to mine economically since the [...]

South African Mining Company Buying a Major Gold Reserve

September 13th, 2006

The South African mining company Gold Fields said Monday that it would acquire a 50 percent stake in the South Deep mine in South Africa from Barrick Gold of Toronto in a deal worth more than $1.5 billion.
In addition, Gold Fields said it intended to make an offer for the rest of the mining company [...]

Gold Fields of South Africa to buy world’s biggest ore lode

September 13th, 2006

Gold Fields, the world’s fourth-largest gold producer, said Monday that it planned to pay at least $2.5 billion for the world’s biggest deposit of gold ore, increasing its reserves by about half as new mines become harder to develop.
Gold Fields, based in Johannesburg, said it had agreed to pay Barrick Gold $1.53 billion for its [...]


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