Posts by Mineweb:

More retrenchments at Buffelsfontein

Another retrenchment shock has hit Buffelsfontein, trade union Solidarity said today. This follows after the gold company Simmer & Jack (Simmers) handed another section 189 notice to trade unions on Wednesday 15 June 2011 for the retrenchment of
Mineweb | June 24, 2011 | 9:39 am

GGG extends offer for Auzex Resources

GGG Resources plc (GGG) has today announced that it has extended its off-market takeover offer for all of the ordinary shares in Auzex Resources Limited (Auzex) so that it will now close at 5.00pm (Perth time) on 4 August 2011.
Mineweb | June 24, 2011 | 9:39 am

Gindalbie statement on Oakajee port

A statement by Mr Tim Netscher, the Managing Director of Gindalbie Metals Limited (ASX: GBG - "Gindalbie") regarding Oakajee Port. "The Karara Iron Ore Project is investing more than $200 million on infrastructure at Geraldton Port.
Mineweb | June 24, 2011 | 9:38 am
Zimbabwe sign mining

Kimberley Process members still divided over Zim diamonds

Zimbabwe has been given the green light to sell diamonds from its Marange diamond fields by the industry's leading certification system, but the decision did not have the backing of all members. Participants of the Kimberley Process, which aims to stop "conflict diamonds" entering the market, met this week in Democratic Republic of Congo to discuss the Marange diamond fields but remained divided over a final statement.
Mineweb | June 24, 2011 | 7:29 am

Copper – the most critical of critical metals

The world needs copper, and lots of it. Output of the red metal has already doubled in the last 16 years, however, according to Jack Lifton, founder of Technology Metals Research, this output needs to double again; a feat that is going to be a very big challenging.
Mineweb | June 24, 2011 | 6:49 am

‘US economy could be one of the big surprises in H2’ 2011 – SocGen

In its latest Quarterly Commodities Review, Société Générale takes the view that , at a "time of significant doubt for the outlook for the global economy" the recovery is sustainable and the bank is looking for a stronger second half-year. Headwinds persist, however, and the recovery in the advanced economies is likely to remain relatively sluggish.
Mineweb | June 24, 2011 | 5:52 am