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Great Panther adds Brazil mine to portfolio with $105m Beadell buy

By: Mariaan Webb     25th September 2018 TSX-listed Great Panther Silver has announced that it will acquire ASX-listed Beadell Resources, which owns the Tucano gold mine in Brazil, in an all-scrip deal. The transaction will create a new “growth-oriented precious metals producer” focused on the Americas, with a portfolio of three... 

Barrick Gold, Randgold said to be in advanced merger talks

By: Bloomberg     24th September 2018 Barrick Gold is said to be in advanced negotiations to merge its operations with Africa-focused rival Randgold Resources, protecting the Toronto-based miner’s crown as the world’s largest producer of the metal. A deal is imminent, according to one of the three people familiar with the... 

750 t SANY excavator expected to be a big hitter in the mining industry

21st September 2018 What is believed to be the largest excavator in Africa has been launched by Goscor Earth Moving (GEM), part of the Goscor Group, and official distributor of SANY. The SY750 is a primary loading tool for the mining industry, from opencast to alluvial diamond mining. The 750 t excavator is ideal to... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Consolidated Zinc ships first ore from Plomosas

By: Creamer Media Reporter      20th September 2018 The first shipment of ore has left the Plomosas zinc/lead/silver project for processing at Grupo Mexico’s Santa Eulalia plant, ASX-listed Consolidated Zinc reported on Thursday. The company said it would deliver about 100 t/d to the concentrator for the rest of the month, where after it would... 

Father’s Day yields gold worth $38m

By: Mariaan Webb     20th September 2018 The recently discovered Father’s Day vein at RNC Minerals’ Beta Hunt mine, in Australia, has more high-grade gold than previously thought, with estimates now put at 24 000 oz, worth $38-million. The new estimate is more than double the initial estimate of 9 250 oz. 

Wallbridge up on high-grade drilling results

By: Creamer Media Reporter      20th September 2018 Shares in Toronto-listed Wallbridge Mining soared 21% on Wednesday as the company announced positive results from its underground drilling programme and an update on the ongoing development of the 35 000-t bulk sample at the Fenelon gold property, in Quebec. Wallbridge said that, in the newly... 

Equinox buys California mine from New Gold

By: Mariaan Webb     20th September 2018 Canadian firm Equinox Gold is set to graduate to a gold producer with the $158-million acquisition of the Mesquite openpit gold mine, in the California, from New Gold. Describing the Mesquite mine as the “perfect fit”, Equinox CEO Christian Milau said on Wednesday that the mine would produce 140... 

With copper options, China steps up challenge to London, New York rivals

By: Reuters     20th September 2018 The Shanghai Futures Exchange (ShFE) will launch copper options trading on Friday, aiming to take a slice of a $270 billion global market in one of its biggest challenges yet to London and New York rivals. The product, which follows the launch of sugar and soymeal options last year, comes as... 

750 t SANY excavator expected to be a big hitter in the mining industry

19th September 2018 What is believed to be the largest excavator in Africa has been launched by Goscor Earth Moving (GEM), part of the Goscor Group, and official distributor of SANY. The SY750 is a primary loading tool for the mining industry, from opencast to alluvial diamond mining. The 750 t excavator is ideal to... 

Cobalt Blue seeks to reassure investors on Thackaringa BFS timing

By: Mariaan Webb     19th September 2018 ASX-listed explorer Cobalt Blue on Wednesday moved to reassure investors about the timeline for the Thackaringa joint venture (JV) project, a day after CEO Joe Kaderavek said in a letter to shareholders that an independent review has concluded that more pre-bankable feasibility study (BFS)... 

Designed to disrupt

By: Creamer Media Reporter      19th September 2018 Victaulic first disrupted the piping industry as far back as 1919, bringing about the concept of joining pipes with a mechanical bolted coupling in order to rapidly deploy fuel and water to the Allied Forces during World War I. This powerful, industry-changing idea laid the groundwork for... 

Upbeat Pan African repositioned as lower-cost gold producer

By: Martin Creamer     19th September 2018 Gold mining company Pan African Resources said on Wednesday that it had reconfigured its gold operations for sustainable profitability through the creation of a lower cost base and the imposition of efficiencies and stability through restructuring. The London- and Johannesburg-listed company,... 

Helping innovate to improve service delivery in outlying areas of South Africa

By: Creamer Media Reporter      18th September 2018 While ageing infrastructure remains a significant challenge in rural areas, this is an opportunity for smaller municipalities and their supply-chain partners to find innovative ways of developing and maintaining the assets they need to provide services to the poor. Shaun Hadkinson, CoreSlab’s... 

PFS generates positive feedback for Cardinal’s Ghana gold project

By: Tasneem Bulbulia     18th September 2018 Gold-focused Cardinal Resources’ prefeasibility study (PFS) for the Namdini gold project in Ghana has confirmed it as one of the country’s and continent’s most promising undeveloped, large gold assets. The financial modelling of the project has shown it to be technically sound and financially... 

Top miner sees US-China trade tensions limiting global growth

By: Bloomberg     18th September 2018 Rising US-China trade tensions threaten to curb consumer purchasing power, crimp productivity growth and limit global economic expansion, according to the world’s biggest mining company. The confrontation between the world’s top two economies, “along with an increasingly unpredictable policy... 

New Voisey’s Bay royalty calculation agreed on

By: Marleny Arnoldi     17th September 2018 TSX-listed Altius Minerals and Nasdaq-listed Royal Gold have entered into an agreement with Vale Canada to settle litigation related to the calculation of the royalty in respect of all concentrates produced from the Voisey’s Bay mine, in Newfoundland and Labrador. The Voisey’s Bay 3% net... 

KEMPER orders logistics systems from AMOVA

By: Creamer Media Reporter      17th September 2018 Gebr. Kemper GmbH + Co. KG, headquartered in Olpe, Germany, has awarded to AMOVA GmbH (www.amova.eu), a subsidiary of SMS group (www.sms-group.com) and located in Netphen, Germany, an order worth several million euros. For the second construction stage of its new Works III, which will accommodate... 

Successful commissioning of SMS group’s fumes treatment system at Uddeholm AB, Sweden

By: Creamer Media Reporter      17th September 2018 SMS group (www.sms-group.com) has successfully commissioned the second modernization phase of the fumes treatment system of the electric arc furnace, and final acceptance (FAC) has already been granted. In phase 1, SMS group had installed a new, more efficient filter system and replaced the... 

Vizag Steel Plant successfully commissions new bloom & round combi-caster from SMS Concast

By: Creamer Media Reporter      17th September 2018 RINL’s (Rashtriya Ispat Nigam Ltd.) Visakhapatnam Steel Plant (VSP) has successfully commissioned the new continuous casting machine in Visakhapatnam, India, which was supplied by SMS Concast, a company of SMS group (www.sms-group.com). With a casting radius of twelve meters, the five-strand... 

RNC says Fathers Day vein delivers more high-grade gold

By: Mariaan Webb     17th September 2018 TSX-listed RNC Minerals on Monday announced that it had doubled the strike length of the high-grade coarse gold structure of the Fathers Day vein, in the Beta Hunt mine, to about 10 m and added that it would provide an update on the estimated ounces from this new Australian gold discovery later... 

Centerra secures short-term water sources for Mt Milligan

By: Mariaan Webb     14th September 2018 British Columbia regulators have granted TSX-listed Centerra Gold approval to pump additional water – although limited volumes – for its Mount Milligan mine. The approvals, which were received earlier than anticipated, allow Centerra to pump from groundwater wells within Mount Milligan’s... 

Spain's nuclear watchdog requests more info on Berkeley uranium mine

By: Reuters     14th September 2018 Spain's nuclear watchdog CSN has asked Australian mining company Berkeley Energia for more information on its plans for a uranium mine in Salamanca, on which work is due to begin later this year, the regulator said on Friday. The project, which would become the European Union's only open-cast... 

Myanmar unveils Bawdwin ‘starter pit’ scoping study

By: Mariaan Webb     14th September 2018 ASX-listed junior Myanmar Metals has unveiled the results of a scoping study for the Bawdwin polymetallic mine, in Myanmar, demonstrating the viability of developing a 13-year “starter pit” that will fund the life-of-mine infrastructure. Based on the indicated and inferred resources from the... 

Lundin Mining has hefty M&A appetite for copper, says incoming CEO

By: Reuters     14th September 2018 Canada's Lundin Mining is on the hunt for copper mines and projects and willing to spend up to $3-billion on mergers and acquisitions, its incoming CEO said in an interview on Thursday. But Lundin will stick with its strategy of disciplined bids and a focus on low-risk jurisdictions, Marie... 

Consultancy pursues innovation, growth

14th September 2018 Engineering consultancy AZMET continues to showcase South African engineering talent to a global audience, and the company is pursuing a number of plans for further expansions and opportunities that exist for organisations willing to innovate, says AZMET marketing director Ruan Kukard. AZMET,... 

Weba Chute Systems

14th September 2018 Effective transfer of materials in chutes is a pressing issue for all mines. With the spotlight firmly on increasing productivity through more effective discharge of materials, coupled with minimising downtime and maintenance, solutions are critical to sustainability. With over 4 000 transfer... 

Johnson Controls supply second round of York chillers for Implats’ No 16 Shaft

13th September 2018 Johnson Controls has supplied two York YK centrifugal chillers to Impala Platinum (Implats) for the planned second phase expansion of cooling capacity for its No. 16 Shaft as it heads toward a depth of 1 650 m. The chillers will be installed by the end of August 2018 and the start-up of the... 

South Africa deal flow to continue upward trend this year – Savca

By: Simone Liedtke     13th September 2018 The South African venture capital industry exceeded the R1-billion mark for the first time in 2017 – investing R1.16-billion, the Southern Africa Venture Capital and Private Equity Association’s (Savca’s) ‘2018 Venture Capital Industry Survey’ reveals. The annual publication highlights start-up... 

Byproduct inclusion boosts US lithium project’s economics

By: Mariaan Webb     13th September 2018 The inclusion of byproducts, including quartz, feldspar and mica, has delivered “substantial economic benefits” to the north Carolina lithium project that ASX-listed Piedmont Lithium is studying in the US. An updated scoping study determined that the recovery and selling of byproducts that are... 

Metallica and Melior merger creates diversified Qld mining firm

By: Mariaan Webb     13th September 2018 Brisbane-based resources firms Metallica Minerals and Melior Resources on Thursday announced a binding merger agreement, creating a diversified Queensland mining company with near-term production potential and a pipeline of future growth opportunities. The merger will combine mineral sands and... 

Yamana Gold says Argentina export tax to impact on cash flow

By: Mariaan Webb     12th September 2018 Canadian miner Yamana Gold remains on track to deliver the previously flagged “step change” in cash flow, but warned on Wednesday that the new Argentina export tax would set back its plans. Last week, Argentina President Maurico Macri announced new taxes on exports as part of a larger plan aimed... 

VIPs attending Infrastructure Africa attest to big infrastructure opportunities on the continent

By: Creamer Media Reporter      12th September 2018 Infrastructure Africa is bringing together global and regional infrastructure leaders and experts to attend the 7th annual event, kicking off in Sandton Convention Centre, Johannesburg on the 9 -10th October 2018. Africa’s premier infrastructure event continues to grow its line-up of stellar... 

Cleveland-sized mine signals the path for an oil-sands revival

By: Bloomberg     12th September 2018 A colossal Canadian oil-sands project may be showing the way forward for an industry many thought would never see new investments. In a forest clearing roughly the size of Cleveland, building-sized trucks dump tons of oily soil into a massive crushing facility, while conveyors move the dirt on... 

Gold mining battling to attract capital – Holland

By: Martin Creamer     11th September 2018 Capital is not as easily available to gold mining companies as it used to be. Gold producers are having to compete with gold-linked alternatives and can no longer rely on equity as a guaranteed means of financing projects or addressing balance sheet gearing. Making these points at the... 

WorleyParsons provides design support for revolutionary wind power technology

11th September 2018 As an organisation that focuses on finding solutions to the world’s changing resources and energy challenges, WorleyParsons continuously seeks to develop and encourage innovative ideas, refine those ideas and take them to market. With the drive towards renewable energy gaining pace, the project... 

Alaris aiming to grow global footprint with solid FY18 results

By: Simone Liedtke     11th September 2018 AltX-listed Alaris Holdings on Tuesday said its continuing operations performed well during the financial year ended June 30, with a number of large orders received from Europe and the Middle East. During the period, the technology holding company managed to grow revenue by 17% from... 

Manganese takes pole position in ARM’s earnings surge

By: Martin Creamer     10th September 2018 Manganese formed the backbone of the earnings performance of diversified mining company African Rainbow Minerals (ARM) in the 12 months to June 30, delivering 64% of the headline earnings, at R1.9-billion, and helping the company move into a strong net cash position by recording the best margin.... 

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