South Africa’s gold miners look at mergers to stay afloat

Having trouble viewing this email?  View online Africa News Digest Thursday 16 October 2014 Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America South Africa's gold miners look at mergers to stay afloat Harmony Gold, Sibanye Gold Ltd., and AngloGold Ashanti named among the top candidates to consider deals. read » No time to attend courses in person? Live Webcasts are your convenient alternative! Sponsor Digest Post Maintain your Continuing Professional Development (CPD) hours, learn something new or catch up on the latest developments – simply attend from wherever you are: at the mine site, your home / office or anywhere with an Internet connection. Check out these upcoming topics: Fundamentals of Mine Water Management Geosynthetics in Mining - Practice and Developments Heap Leach Facility Design, Construction, Operation, and Closure Mining 101.                                                                   For more topics click here. BlackRock blames Ebola for London Mining mess And the rapid fall in the iron ore price, the Sierra Leone miner's dispute with Glencore and the slow rampup. But especially Ebola. read » China's inland mills could be in market for 300mt seaborne iron ore New research shows inland Chinese steel mills pay a 35% premium over seaborne benchmark with 210mt of steel capacity potentially looking for alternatives. read » Australia, Brazil to control 90% of global iron ore trade by 2020 Despite iron ore prices touching rock bottom, the top three producers have no plans to slowdown production. Quite the contrary. read » First Quantum warns Zambia tax hike will cost jobs, investment drop The miner, Zambia's largest foreign investor, operates Kansanshi mine, the eighth largest copper mine in the world, as well as the country's biggest. read » JSW Steel close to acquiring London Mining JSW Steel has almost clinched a deal that would see India's third-largest steel company acquire embattled London Mining (LON:LOND), sources close to the negotiations revealed on Friday. read » Download MINING.com's new iPad app Sponsor Digest Post The MINING.com team is proud to launch a new mining news and data application for the iPad platform. The app provides continuously updated mining news from around the globe as well as specific commodity and regional information. You will have access to up the minute market information and charts covering precious and base metals, minerals, global stock markets and currencies. Click here to download the app now – it's 100% free. Zambia launches major overhaul of mining tax, increases royalties Underground mining royalties will go up from 6% to 8%; underground taxes now 20%. read » Centamin shares jump on Sukari gold mine results The firm mined 93,624 ounces of the yellow metal in the three months to end September and it also maintained its full-year production forecast of 420,000 ounces of gold. read » Mozambique's mining boom damns the poorest Although investments in extractive industries have contributed to high economic growth rates in the past several years, this growth has not translated into significant reductions in poverty or improvements in health and employment for the general population. read » Mines back up and running and commencing with stock clean up With mines back in operation and some already up to full production, various companies such as Impala Platinum, Diesel Power and Sibanye Gold will be taking to market a variety of redundant and surplus plant and equipment via an online auction. read » South Africa considers declaring certain minerals as strategic Under the bill, such minerals "will be sold for production costs excluding transportation. That is the mine-gate price. read » Featured Mining Investment Opportunity view more » Read more Africa news on MINING.com » Home     Gold     Silver     Africa     Asia     Australia     China     Europe     Latin America About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. Suite 900, 580 Hornby Street, Vancouver, BC, Canada V6C 3B6 | +1 604 683 2037 | cem@infomine.com. Please visit cem.infomine.com for more information. Copyright InfoMine. You are receiving this email because the email address fernandoqueens@gmail.com was subscribed to the MINING.com email list "Africa News Digest". You may unsubscribe at any time. The information contained in “Africa News Digest” is collected from a variety of sources on a “best intentions” basis. InfoMine Inc. makes no representation or offers no warranty with respect to the adequacy of the information for any particular purpose. Any information presented in “Africa News Digest” is not a solicitation to purchase or acquire any securities. Use of this service is an acceptance of this disclaimer. Visit our web site to read our complete disclaimer.