Tag: mines
WEG’s new 11 kV variable speed drives in Ghana mine
Two units of the newly developed WEG 11 kV Variable Speed Drive (VSD) have been commissioned in West Africa by WEG Automation Africa, a...
Afrimat mines new seam
DURBANVILLE-based building materials producer Afrimat looks set to venture further into the mining sector with a proposal to acquire the South African operations of...
AngloGold plans to sell mines in final exit from South Africa
Exiting its South African operations could be a precursor to the miner moving its listing to London or Toronto.
AngloGold Ashanti moved closer to exiting...
SA’s gold mines in crisis as profitable producers shrink to 20%
The state of SA’s gold mining industry is worse than first thought, with fewer than 20% of gold mines making money at prevailing prices...
Eskom says coal supplier Optimum mine starts business rescue proceedings
South African power producer Eskom said on Thursday the Optimum coal mine, which is owned by the Gupta family and supplies one of the...
South Africa’s Sibanye confirms over 2,000 layoffs at gold mines
South African precious metals producer Sibanye-Stillwater confirmed on Wednesday that it had laid off more than 2,000 gold miners as it shuts its loss-making...
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