The SAIMM is a professional institute with local and international links aimed at assisting members source information about technological developments in the mining, metallurgical and related sectors.
Far rarer than diamonds or emeralds, some minerals on Earth are known only from thimbleful samples, according to a first list of 2 550 obscure minerals on Friday that could have future uses, ranging from industry to exotic Valentine's Day gifts.
Ichnusaite, fingerite, amicite and nevadaite are among truly rare minerals - defined as those known to come from five or fewer places worldwide - and form only under extremely unusual conditions, the scientists wrote.
London-listed Golden Saint has raised some £150 000 through the issue of 500-million new ordinary shares at 0.03p a share to fund general working capital for its alluvial mining operations. The company also planned to use some of the proceeds to fund its participation at a diamond show in Myanmar during the first week of April.
Steel producer ArcelorMittal South Africa (AMSA) has made a R2.5-billion proposal to the Competition Commission to settle all outstanding matters against the company – if approved, it would be the largest competition-related fine ever paid by a single South African entity. Departing CEO Paul O’Flaherty, who handed over the reins on February 12 to acting CEO Dean Subramaniam ahead of the imminent appointment of a permanent replacement, said a provision of R1.25-billion had been made for the settlement as part of once-off provisions of R2.6-billion for 2015.