West Coast Business News & Directory.

Tormin Project , West Coast, South Africa

In December 2008, MRC was granted mining rights for the Tormin heavy minerals project, on the West Coast of South Africa. Final processing plant design and engineering are now taking place. “The company has commenced procedures to appoint an engi- neering group to update the existing feasibility study. Based on a positive outcome to this phase of the work, the company will let a tender for a turnkey...

Weak metal prices will hit South African mining

JOHANNESBURG (Reuters) – South Africa’s Minerals and Energy Minister, Buyelwa Sonjica said on Tuesday the global financial crisis that had led to a decline in metal prices would negatively impact the country’s mining sector. “It (Financial crisis) is affecting all economies and South Africa is no exception,” she said. “I see it impacting on the producers. Of course...