US$100m savings at Abu Dabbab tantalum project

[img:Gippsland%20-%20Pic%201_0.jpg|Aerial view of
Gippsland’s Abu Dabbab
tantalum deposit in
]London, England --- MININGREVIEW.COM --- 17 June 2008 - Gippsland Limited – an Australian-based company listed on the Australian Stock Exchange and the AIM – is introducing significant cost-saving changes to its 40 million tonne Abu Dabbab tantalum-tin project in Egypt, which is expected to become a major supplier to the international tantalum industry.

New uranium exploration in Sudan

[img:Bannerman%20-%20Pic%201_0.jpg|A uranium operation
underway – Langer
Heinrich in Namibia
]London, England --- MININGREVIEW.COM --- 07 May 2008 - Brinkley Mining – an AIM-listed company currently focusing on uranium projects in South Africa and the Democratic Republic of Congo – says its wholly-owned subsidiary, Brinkley Mining Project 4 Ltd, has been awarded a provisional prospecting licence (PPL) in Southern Sudan.

Russian giant looks at Africa

[img:Rusal%20-%20Pic%201_0.jpg|Interior shot at the
Mozal aluminium smelter
in Mozambique
]London, England --- MININGREVIEW.COM --- 06 May 2008 - The Russian aluminium giant United Co. Rusal plans to expand its operations in Africa, in the wake of reviving a smelter in Nigeria, reports Bloomberg News.

The news agency quotes the Financial Times (FT) citing an interview with Rusal director of corporate strategy Artem Volynets. He is reported to have told the FT that Rusal was seeking sites for additional smelters, and places to mine bauxite, the principal ore used to make aluminium.

Excellent production at Amesmessa

[img:GMA1_0.JPG|Earth-moving operations
in full swing at GMA’s
Algerian sites
]London, England --- MININGREVIEW.COM --- 14 April, 2008 - AIM-listed GMA Resources Plc – a company involved in advanced gold mining operations in Algeria – has followed up on the successful January production launch at its Amesmessa gold mine in the Sahara region of the North African country, with highly satisfactory ongoing production results.

Africa to help meet future Indian coal needs

[img:India%20-%20Pic%201_0.jpg|The Badarpur coal-fired
plant in New Delhi –
one of Coal India’s
many installations
]New Delhi, India --- MININGREVIEW.COM --- 27 March, 2008 - African mining industries – particularly those in South and Southern Africa – may be called on to assist India’s ambitious effort to effect a fivefold increase in the supply of coal by non-State-run producers within four years.

African mining awards

[img:Nedbank%20-%20Pic%201_0.jpg|A view of the 8 km
overland conveyor system
installed Anglo Coal's
Goedehoop Colliery
]Johannesburg, South AFRICA --- --- 18 March, 2008 - Entries have been invited from across Africa for the third annual Nedbank Capital Green Mining Awards, to be held on 9 October 2008.

A Nedbank media release issued here today explains that the purpose of the awards is to honour African mining and mineral beneficiation operations that have made a significant effort to promote sustainability, either in terms of the integrated approach encapsulated in the concept, or the individual components. Given the broadness of this field, the awards recognising different aspects of sustainability include: the sustainability, environmental, socio-economic and limited resources awards.

Successful production launch in Algeria

[img:GMA_0.JPG|Earth-moving operations
in full swing at
GMA’s Algerian sites
]London, England --- MININGREVIEW.COM --- 10 March, 2008 - AIM-listed GMA Resources Plc – a company involved in advanced gold mining operations in Algeria – has achieved a successful production launch at its Amesmessa gold mine in the Sahara region of the North African country.

Anglo American notches record profits

[img:Anglo%20American%20-%20Pic%201_0.jpg|General view of the
plant at the Finsch
mine of De Beers
]London, England --- MININGREVIEW.COM --- 20 February, 2008 - Global mining and natural resources leader Anglo American plc achieved a record total group operating profit of US$10.1 billion (more than R75 billion) in 2007 – 3% up on the previous year.

Anglo American is involved in platinum group metals, diamonds, coal, base metals, industrial metals, ferrous metals and gold operations. It has projects spread through Africa, Europe, Asia, Australia, South America and North America.


These new risks are a result of the global commodities boom and economic expansion. They are a result of increased activity in the construction sector in major developing markets, including South Africa, the primary source of materials and expertise for undertaking mining projects in the region.

One such risk is the escalation in demand for commodities used in mining projects themselves and increases in prices of those commodities. For example, the recently experienced shortage of tyres for large earthmoving equipment globally was a result of the economic boom in China. The price of steel in South Africa has surged dramatically in the last two years owing to the import pricing parity formula used in South Africa, which makes its steel manufacturers among the most profitable in the world. This impacts the cost of implementing projects in the region and causes problems in managing steel price escalation.


These middle risks are issues such as HIV/AIDS, the lack of transport and communication infrastructure, unclear implementation of legislation, corruption, and social issues such as the presence of artisanal miners. Broadly speaking, while the investment climate in Africa’s mining sector is more favourable than in the past as a result of a better political climate coupled with better mining legislation, the new risks require more management.

“The plus side, however, is that if the management of mining companies do the right things many of these community and socially related risks can be managed,” Cattaneo says. “One can mitigate risks related to changes in regimes by forming good relationships with a variety of stakeholders including the host government, local suppliers and forming joint ventures.”

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