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20/07/2017
Orezone Announces Appointment of New Director
 
07/07/2017
ENDEAVOUR ANNOUNCES THE RETIREMENT OF ITS COO
 
31/05/2017
RETIREMENT OF DEPUTY CHAIRMAN - Mineral Deposits Limited
 
 
 
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   20/07/2015
 
Kumba decides to close Thabazimbi mine
 

Kumba has decided, due to a number of factors, to close their iron ore mine at Thabazimbi South Africa.

Some of these include
•The mine is more than 80 years old, and has over the past 15 years had its closure postponed 6 times through a number of mine life extension plans;
•Difficult mining conditions due to the inherent geo-technical complexities are now exacerbated by a limited remaining iron ore resource;
•Very high operating costs which are due to high waste stripping requirements; and
•A slope failure on 6 June 2015 which has rendered the iron ore resources in the one remaining pit uneconomic to mine.

The closure of the mine will impact approximately 800 employees and 360 contractors.


 
 
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