De Beers, six others form Diamond Producers Association

De Beers, six others form Diamond Producers Association

JOHANNESBURG (miningweekly.com) – De Beers has partnered with six other diamond miners to establish the Diamond Producers Association (DPA), which would actively engage with industry and nonindustry organisations to promote the interests of the diamond sector. The other founding members were Alrosa, Rio Tinto, Dominion Diamond Corporation, Lucara Diamond Corporation, Petra Diamonds and Gem Diamonds. […]

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Benefits of turnaround initiatives starting to emerge – Infrasors

JSE-listed Infrasors on Wednesday said its turnaround initiatives were bearing fruit, with headline earnings for the year ended February 28 up 70% to R16.38-million, compared with R9.63-million in the prior financial year. Print Send to Friend 0 0 Revenue rose 3% year-on-year to R337.3-million. The company, in which JSE-listed Afrimat owns 50.7%, noted that although […]

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Anglo iron-ore port deepening under way

The Brazilian iron-ore port of mining company Anglo American is being deepened to increase the volume of ore that can be loaded on to the Cape-size vessels calling there.  The full 180 000 t volume that Cape-size ships offer cannot be taken up because of the lack of port depth.  High-quality iron-ore from Anglo’s low-cost […]

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Eskom seeks 25% immediate tariff hike in ‘selective’ reopener to Nersa

The National Energy Regulator (Nersa) confirmed on Friday that it had received Eskom’s application for the selective reopening of the final three years of the third multi-year price determination (MYPD3) decision, which began on April 1, 2013 and will continue until March 31, 2018. Print Send to Friend 5 0 Should the application be approved, […]

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