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Dragon Mining updates ore reserves

By: Anine Kilian     23rd February 2018 ASX-listed Dragon Mining has completed an update of its ore reserves, increasing its total proved and probable reserves to 2.32-million tonnes, grading 3.1 g/t gold for 232 000 oz – the highest tonnage level since Dragon started activities in the Nordic region. The updated reserve represents an... 

Finland takes top spot for mining-friendly investment

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

South Africa retains dubious corruption rating

By: News24Wire      22nd February 2018 Corruption Watch has expressed concern over South Africa dropping down the rankings of the latest Corruption Perceptions Index (CPI) released by Transparency International. Corruption Watch's Phemelo Khaas said South Africa's score dropped from 45 in 2017 to 43 this year, and although it seems "a... 

Beowulf is back drilling at Aitolampi, Finland

By: Creamer Media Reporter      16th February 2018 Aim-listed Beowulf has started drilling at its Aitolampi graphite project, which forms part of the Pitkäjärvi 1 exploration permit in Finland. The company has plans to drill about 2 000 m, up to 15 drill holes, with the drilling programme split into two phases. The drilling contract has been... 

Global wind energy installations remain above 50 GW - GWEC

By: Simone Liedtke     14th February 2018 Installations in the global wind energy market remained above 50 GW in 2017, with Europe, India and the offshore sector having had record years. The Global Wind Energy Council (GWEC) on Wednesday released its 2017 market statistics, which highlighted a decrease to 19.5 GW for Chinese... 

Global aeronautics body promoting networking among young researchers

By: Rebecca Campbell     9th February 2018 The International Forum for Aviation Research (IFAR) is seeking to develop international interactions between young professionals working in both technical and non-technical areas of aviation research around the world. This initiative is described as “early career networking” and is a focus area... 

Multinational initiative stimulating intraregional East African trade

By: Rebecca Campbell     2nd February 2018 The multinational TradeMark East Africa (TMEA) initiative has been bearing fruit and, with its first phase having proved a success, it is now moving into its second phase. TMEA involves Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, and is focused on promoting trade between the... 

Swedish steel plant to run on hydrogen

By: Reuters     1st February 2018 Steelmaker SSAB plans to build the world's first fossil fuel-free steel plant powered by hydrogen, backed by utility Vattenfall and miner Luossavaara Kiirunavaara, the Swedish firms said on Thursday. The pilot venture will aim to develop technology to later make SSAB's entire production... 

Nornickel says palladium output may fall in 2018

By: Reuters     31st January 2018 Norilsk Nickel, the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, previously said... 

Beowulf to restart drilling at Finland graphite project

By: Mariaan Webb     30th January 2018 London-listed Beowulf Mining will restart drilling at its graphite project in Finland in March, as it steps up work to achieve a target of having a graphite asset in production in the next two to three years. The company’s current focus is the Aitolampi project, about 40 km south-west of the... 

Gold Fields sells Finnish platinum project

By: Creamer Media Reporter      24th January 2018 Dual-listed Gold Fields has sold its palladium-rich, polymetallic Arctic platinum project (APP), in northern Finland, to Finnish subsidiary of private equity fund CD Capital Natural Resources Fund III. The purchase consideration includes $40-million in cash and a 2% net smelter return royalty on... 

Canadian miners welcome new federal business ethics ombudsman

By: Henry Lazenby     18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... 

Dragon updates mineral resources for Nordic mines

By: Megan van Wyngaardt     11th January 2018 ASX-listed Dragon Mining has updated its mineral resources for its Nordic projects, returning a combined total mineral resource of 13.6-million tonnes, grading 3. 3 g/t gold for 1.43-million ounces. This represented a 2.28% decrease in tonnes and a 0.35% decrease in ounces after depletion for... 

Mondi Group signs agreement to acquire Powerflute

By: African News Agency      22nd December 2017 Packaging and paper company Mondi Group said on Friday it had signed an agreement to acquire 100% of the outstanding shares in Powerflute Group, a division of Nordic Packaging and Container Holdings for €365-million. Powerflute operates an integrated pulp and paper mill in Finland with an annual... 

Philippines miners adopt Canadian mining sustainability principles

By: Henry Lazenby     20th December 2017 The Chamber of Mines of the Philippines (COMP) has announced that it will adopt a mining sustainability standard developed by the Mining Association of Canada, called the Towards Sustainable Mining (TSM) initiative. The announcement made the Philippines the first Southeast Asian nation to adopt... 

South Africa ranks low on global knowledge index 

By: Megan van Wyngaardt     18th December 2017 South Africa has scored 42 points on The Knowledge Project’s first Global Knowledge 100-point Index, against a world average of 47. The index identifies knowledge as an integral part of human life, affecting its social, economic and cultural aspects, as well as an engine for comprehensive and... 

Rigging the nuclear outcome?

By: Saliem Fakir     15th December 2017 At the time of writing, it appeared nuclear would be ramped through before the African National Congress elective conference, which starts on December 16. New Energy Minister David Mahlobo says we need nuclear. There have been a lot of platitudes about jobs and industrialisation, and that nuclear... 

Banding & ID Solutions SA represents Africa at UK sales conference

     4th December 2017 Banding & Identification (ID) Solutions South Africa was the only African representative at the recent EMEA sales conference in early October, organised by Band-It UK. In attendance were Senior Sales Representative Matthew Campbell and Sales Director Rosa Dos Remendos. The conference was hosted... 

European Cobalt zones in on Slovakia project

By: Mariaan Webb     28th November 2017 Explorer European Cobalt is stepping up efforts to tap into the growing market for cobalt, which is seen as one of the most important metals in the fast-growing energy storage market. The company, which estimates that in three years’ time one fifth of global cobalt demand will stem from electric... 

South Africa crucial to global chrome supply, Chromium 2017 hears 

By: Martin Creamer     10th November 2017 South Africa is an irreplaceable supplier of chrome ore and ferrochrome, which is, in turn, an irreplaceable component of China-dominated stainless steel production, global delegates to last week’s well-attended Chromium 2017 conference heard. South Africa, as the dominant global chrome producer,... 

Former Rio Tinto exec joins Lionsgold as consultant

By: Mariaan Webb     8th November 2017 Aim-quoted Lionsgold has recruited former Rio Tinto executive Alan Davies as a part-time consultant, the company announced on Wednesday, as it unveiled that its global digital currency, Goldbloc, would be launched in the in the Indian market next year. Davies, who was formerly the CEO of Rio... 

Bauma CONEXPO AFRICA: numerous industry leaders on board

By: Creamer Media Reporter      20th October 2017 The economic comeback of Sub-Sahara and positive market opportunities in South Africa are reflected in the number of companies that have already signed up for the upcoming bauma CONEXPO AFRICA. The third international trade fair for construction machinery, building material machines, mining... 

‘Absolutely no need' for nuclear, Dames says in State-capture testimony

By: Kim Cloete     18th October 2017 Former Eskom CEO Brian Dames has revealed that he faced a breakdown in communication between the board and management, as well as death threats during his time at the state utility.  He has also told Parliament’s Portfolio Committee on Public Enterprises that there is "absolutely no need" for... 

Niger must halt job cuts at Areva's uranium mine, group says

By: Bloomberg     18th October 2017 Activists in Niger urged President Mahamadou Issoufou to negotiate with Areva SA after the French company said it will cut 200 jobs at one of its uranium mines in the West African nation to adjust to lower prices for the nuclear fuel. “It’s absolutely untrue that the only solution is to lay off... 

Beowulf aims to establish producing graphite mine within three years

By: Creamer Media Reporter      2nd October 2017 Explorer and developer Beowulf Mining remains committed to establishing a producing graphite mine in eastern Finland within the next three years, CEO Kurt Budge said on Monday, announcing the results of a testwork programme at the Aitolampi project. The latest testwork delivered positive results,... 

Pretoria to host forestry industrialisation conference next month

By: Schalk Burger     29th September 2017 The Forestry Industrialisation Conference, to be hosted by State-owned forestry company Safcol on Oct 4 and 5, will highlight the potential of industrial and commercial forestry and wood products to support economic growth. Safcol chairman Lungile Mabece highlights the decline of commercial... 

Finnish firm Keliber pushes out DFS for lithium project to next year

By: Creamer Media Reporter      15th September 2017 Finland’s Keliber Oy has pushed back the completion of its definitive feasibility study (DFS) for its lithium project from the third quarter of this year to mid-2018, to allow for additional work programmes to be completed. The company announced on Friday that it would undertake additional... 

Smart regulation key to driving renewable energy sector

By: Anine Kilian     14th September 2017 Smart regulation and market stimulation are key drivers for growing the renewable energy sector and help reduce carbon dioxide (CO2) emissions, Finnish Economic Affairs and Employment Deputy Minister Petri Peltonen said on Thursday. Speaking to Engineering News Online on the sidelines of the... 

Southern African Power Pool could learn from Nordic countries’ approach to energy market

By: Natasha Odendaal     13th September 2017 Southern Africa can take heed of the success of the Nordic region’s achievement of energy security through successful cross-border trade and integration, its integrated markets and other critical elements of the Nord Power Pool. This is the message that emerged from the first day of the three-day... 

Eurasia in offtake negotiations with Glencore, Sinosteel and others

By: Mariaan Webb     4th September 2017 Precious metals miner Eurasia is in offtake negotiations with commodity trader Glencore, Chinese group Sinosteel and other unnamed parties for the life-of-mine production from its Monchetundra platinum and palladium project in Russia. In a projects update published on Monday, the company said... 

Beowulf chairperson to retire

By: Creamer Media Reporter      1st September 2017 Minerals explorer Beowulf Mining chairperson Bevan Metcalf has announced his intention to retire from his role with the company. Metcalf, who has been serving as executive chairperson since May 2015, will retire once a success has been appointed. 

Metso invests €1m in factories to improve production, safety levels

By: Ilan Solomons     1st September 2017 The capacity of diversified engineering group Metso’s Tampere factories, in Finland will be increased and occupational safety improved with the new production line for Lokotrack mobile crushing plants. The company says that the investment of about €1-million will significantly shorten the... 

Wärtsilä announces successful achievement of mechanical completion at the Tornio Manga LNG terminal

     31st August 2017 Wärtsilä Corporation, Trade press release 31 August 2017 at 10 am EET The technology group Wärtsilä has successfully reached an important milestone in the engineering, procurement and construction (EPC) contract of the Tornio Manga LNG terminal in Northern Finland. The mechanical completion of... 

Tharisa signs five-year chrome supply agreement with Tisco

By: Anine Kilian     24th August 2017 Platinum group metals and chrome coproducer Tharisa Minerals has entered into a five-year strategic cooperation agreement with steel producer Taiyuan Iron & Steel (Tisco’s) joint venture (JV) company Shanxi Taigang Wanbang Furnace Charge. Under the terms of the agreement, Tharisa will supply the... 

Six Conroy Gold directors removed at meeting

By: Mariaan Webb     7th August 2017 Six directors of Aim- and ESM-listed Conroy Gold and Natural Resources were removed at a general meeting on Friday and the minority shareholder who called the vote now wants the remaining three to be removed too. Conroy Gold, which explores in Ireland and Finland, reported on Monday that Patrick... 

New furnace equipment and air knife system for higher capacity and enhanced material range

     3rd August 2017 SSAB contracts SMS group to modernize hot-dip galvanizing line No. 3 in Finland SSAB has awarded SMS group www.sms-group.com a contract covering the modernization of its continuous hot-dip galvanizing line No. 3 in Hämeenlinna, Finland. The upgrade essentially involves the integration of an... 

Konecranes celebrates the delivery of the 1000th RTG

     3rd August 2017 Konecranes has been delivering Rail Mounted Gantry (RMG) cranes to intermodal operators all over the world for many years. This year marks the delivery of the 1000th Konecranes Rubber Tired Gantry (RTG) crane – a milestone in its impressive history. It was installed at the Georgia Ports Authority... 

Nokia to expand development and deployment of 5G FIRST as industry interest grows

     1st August 2017 Clear interest for 5G mobility applications already emerging from operators, notably in markets like the US, China, Japan and South Korea 5G mobility standard integrated into the Nokia 5G FIRST end-to-end solution Trialing of rapidly evolving 5G technology and commercial applications as market... 

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