[Allan Seccombe] Anglo American Platinum (Amplats‚) reported a strong rebound in operating profit for the 2013 financial year‚ but its restructuring costs and asset write downs pushed the world's largest platinum producer into an overall loss and it withheld its annual dividend. Read more >>
Local business solutions provider AccTech Systems, in conjunction with Global Micro, a leading African hosted infrastructure IT provider, will be demonstrating its cloud ERP solutions at Africa Mining Indaba 2014. The event will be held at the Cape Town International Convention Centre (CTICC) from 3-6 February 2014. Read more >>
Shares of the world's largest platinum producer‚ Anglo American Platinum (Amplats) were up more than 6% on Wednesday (29 January)‚ following the release of its quarterly production update. Read more >>
India has been named Partner Nation for the 20th West African Mining & Power Exhibition (WAMPEX) which takes place from 28-30 May at the Accra International Conference Centre in Accra, Ghana. Long rated the best trade show in West Africa, this biennial event benefits from broad regional government support and comprehensive industry participation. Read more >>
LUANDA, ANGOLA: Angola has over seven billion barrels of oil potential in onshore blocks and production rights will soon go on sale, state-owned company Sonangol said. Read more >>
The Set Point Group will be represented by WearCheck and Set Point Laboratories at this year's Mining Indaba which will be held at the Cape Town International Conference Centre from 3-6 February. Both WearCheck and Set Point Laboratories will be showcasing their analytical services and products unique to the mining Industry. Read more >>
Battle lines are being drawn over who will install additional coal export capacity at the Richards Bay port‚ with the Richards Bay Coal Terminal (RBCT) and challenger RBTGrindrod both looking to bring in Transnet as a partner. Read more >>
Nedbank Capital successfully concluded a US$25m short-term debt facility to Gem Diamonds Limited to complete the construction of its Ghaghoo Diamond Mine in Botswana. Nedbank Capital acted as sole mandated lead arranger for the transaction. Read more >>
BME, the South African explosives supplier, will be using its presence as an exhibitor at the Mining Indaba in Cape Town to highlight their innovative blasting solutions to the industry. This year's Indaba will be held at the Cape Town International Conference Centre from 3-6 February. Read more >>