kumba iron ore owns 74% in sishen iron ore company sioc . rest of sioc is owned by exxaro, sioc employee share participation scheme and the sioc community development trust. through the sioc, kumba iron ore owns thabazimbi, sishen and kolomela iron ore mines.
gold fields production down due to unbundling of certain assets in south africa into a newly created company called sibanye gold. 3 of the companies took on major writedowns on their assets in the last quarter of 2011 and that affected their annual profits newmont $1.6b, kinross $2.94b, agnico-eagle mines $644.9m .
this list of mines in africa is subsidiary to the list of mines article and lists working, defunct and future mines on the continent and is organised by the primary country location. for practical purposes stone, marble and other quarries may be included in this list.
production is expanding at the two rivers platinum mine in mpumalanga. arm owns 20% of harmony gold, the 12th largest gold mining company in the world with three mining operations in south africa. patrice motsepe is the executive chairman; mike schmidt is ceo.
this is a list of open-pit mines. super pit gold mine. . cerro vanguardia mine – gold and silver mine located near puerto san julián, santa cruz; . the palabora open pit – mechanically excavated by palabora mining company, in phalaborwa, limpopo province. the pit is 898m deep and 1846m across on top.
at the time of its independence in 1960, the democratic republic of the congo was the second most industrialized country in africa after south africa; it boasted a thriving mining sector and its agriculture sector was relatively productive.
mayoko – in 2008 a possible iron ore mine is being considered mayoko is already served by a narrow gauge railway branchline. the company is exxaro resources . new iron ore port at indienne for mayoko iron ore north of pointe noire .