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.
Waterberg JV Resources, the operating company of the Waterberg Joint Venture (JV), has entered into an agreement with the Capricorn district municipality, in Limpopo, to jointly develop a water supply management plan to increase the water supply and infrastructure capacity for both the local community and the Waterberg mine. The Waterberg JV is owned by Platinum Group Metals (PTM), with a 37.05% stake; Japan Oil, Gas and Metals National Corporation, with a 21.95% stake; black economic empowerment partner Mnombo Wethu Consultants, with a 26% stake; and Impala Platinum, with a 15% interest.
Sanctions-hit Russian aluminium producer Rusal said on Tuesday it had started shipping bauxite from its Dian-Dian bauxite project in Guinea to its alumina refineries in other countries. Rusal, the world's largest aluminium producer outside China, has been hit by US sanctions imposed on it and co-owner Oleg Deripaska in early April, a move that damaged the company's exports and internal supply chain.
Diamond miner Trans Hex expects to report a loss a share of 175.6c for the financial year ended March 31, compared with a loss a share of 173.6c in the prior financial year. The company further expects to report a headline loss a share of 216.5c, compared with a headline loss a share of 114.6c in the previous corresponding period.