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First Cobalt, CobalTech ratify deal to create world’s largest cobalt-focused explorer

By: Henry Lazenby     22nd August 2017 On the same day that cobalt posted the highest-ever recorded price at $60 250/t – up some 127% since the start of 2017 – explorer First Cobalt (FCC) on Monday executed a definitive merger agreement with fellow TSX-V-listed CobalTech Mining. The transaction, in combination with its separate... 

New Indian mineral policy to sharpen focus on transparency, sustainability

By: Ajoy K Das     22nd August 2017 The Indian government’s review of National Mineral Policy (NMP) 2008 and drafting of a new version aims to make “transparency, sustainability and conservation” the cornerstone of governance of the mining sector. The trigger for the deeper inculcation of these elements into mining sector... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

Zwane again firm on Charter targets as consistent with radical economic transformation

By: Natasha Odendaal     18th August 2017 As government’s plans for radical economic transformation unfold, the mining sector has become the centre of that swirling debate in light of the newly gazetted reviewed and updated Mining Charter. South Africa has been pursuing radical economic transformation as the path towards coveted... 

On-The-Air (18/08/2017) 

By: Martin Creamer     18th August 2017 Anglo American is going all out to unleash end-to-end innovation length and breadth of global mining; Harmony Gold has taken a decision to plough billions of rands in two of its Free State gold mines; and New technology could inject new life into South Africa’s rich gold basin. 

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

By: Ilan Solomons     18th August 2017 It is common knowledge that securing investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and low commodity prices, emerging gold miner Hummingbird business development head Robert Monro tells... 

Advanced wear technology stands to set new benchmark

By: Robyn Wilkinson     18th August 2017 Following the successful introduction of its locally manufactured zirconia-enhanced alumina ceramic products for wear protection applications in South Africa, industrial lining and materials handling solutions provider Groupline Projects is exploring options to expand the availability of the... 

Billions in investment to propel Zambia’s Mopani mine into costs ‘premier league’

By: Ilan Solomons     18th August 2017 “Like a sports team, Mopani copper mine, in Kitwe, Zambia is near the bottom of the league and needs to improve its ranking to avoid relegation or closure,” says diversified mining major Glencore’s Mopani copper mine CEO Johan Jansen, using a football analogy to explain where the company is in... 

Carbon capture tech will recycle ferroalloys sector’s emissions

     18th August 2017 South African green-technology company Swayana is collaborating with US-based carbon recycling company LanzaTech to introduce its proprietary carbon capture technology to South Africa. Swayana, a level 2 broad-based black economic-empowerment company established in 2016, uses carbon-footprint... 

Firms joining forces to raise $500m for mining projects, particularly in Africa

By: Ilan Solomons     18th August 2017 Mining investment advisory company MX Mining Capital Advisors and law firm Norton Rose Fulbright South Africa are collaborating to assist in raising about $500-million in finance for mining projects worldwide and for Africa based ones in particularly. MX Mining is focused on raising capital and... 

Samarco should be punished but not closed – Brazil mining minister

By: Reuters     17th August 2017 Samarco, a joint venture between BHP Biliton and Brazil's Vale, should be punished but not closed over the 2015 collapse of a tailings dam that killed 19 people, Brazil's mining and energy minister said on Thursday. "Mistakes may have been made, but it was an accident," Fernando Coelho Filho... 

Harmony ups South African capex, pays 70% higher dividend 

By: Martin Creamer     17th August 2017 Gold mining company Harmony Gold, which spent R2.3-billion capital expenditure (capex) on its South African operations in the 12 months to June 30, will be increasing its capex to R2.7-billion for mainly the ongoing development of the Phakisa and Tshepong gold mines in the Free State. The... 

Mining contractors progressing work at Xtract’s Mozambique gold project, alluvial mining to start soon

By: Mia Breytenbach     16th August 2017 The mining contractor activity at Aim-listed Xtract Resources’ Manica concession area, in Mozambique, is progressing “favourably”, with initial mining of the alluvial gold deposits expected to start at the end of this month, the company reported on Wednesday. Xtract’s Mozambique subsidiary... 

Technology set to unleash mining innovation – Anglo’s O’Neill

By: Martin Creamer     16th August 2017 In the next ten years, technology is set to unleash a wave of mining innovation, with the sweet spot centred on changing the thinking around orebodies and processing plants rather than much-spoken-about automation. “Our focus has changed from hunting technologies to hunting value,” Anglo American... 

China’s TMI injects A$30m into Woodie Woodie manganese restart

By: Esmarie Swanepoel     15th August 2017 China’s Ningxia Tianyuan Manganese Industry Company (TMI) will invest some A$30-million to restart operations at the Woodie Woodie manganese mine, in Western Australia. Owner Consolidated Minerals (ConsMin) suspended operations at the mine at the start of 2016 on the back of declining manganese... 

Industry outlines major policy issues as Canada’s minerals ministers meet

By: Henry Lazenby     15th August 2017 The Canadian mineral and mining industry on Monday outlined six important policy areas it would like to see addressed during the seventy-fourth annual conference of federal and provincial ministers of energy and mining in Saint Andrews, New Brunswick, this week. A national coalition of mining... 

Connemara appoints new CEO

By: Samantha Herbst     14th August 2017 Aim-listed Irish exploration company Connemara Mining has appointed Patrick Cullen its new CEO, effective from Monday.   Cullen boasts over 20 years of experience in the mining and exploration sector, most recently as a director of UK-based mining and metals company Kodal Norway. He was also... 

Highveld to pursue safeguard protection on heavy structural steel products 

By: Terence Creamer     14th August 2017 Highveld Steel, which recently reopened its heavy structural mill in Mpumalanga despite still being in business rescue, has welcomed the institution of 10% import-duty protection on certain heavy steel sections and shapes. However, CEO Johan Burger tells Engineering News Online that Highveld... 

Ghana's gold, diamond output to drop as govt curbs small-scale mining

By: Reuters     14th August 2017 Ghana's gold output is likely to drop sharply in 2017 because of curbs on the small-scale mining that lifted production last year but was causing damage to the environment, a government official said on Saturday. Total gold output from Africa's second largest producer was 4.1-million ounces in... 

KITE 2017 provides a comprehensive portal for industrial technology solutions

     11th August 2017 The KwaZulu-Natal Industrial Technology Exhibition (KITE), held between 26 and 28 July 2017 at the Durban Exhibition Centre, once again proved that it is undoubtedly the only place in KwaZulu-Natal to source and experience a comprehensive variety of industrial technology solutions under one roof.... 

On-The-Air (11/08/2017) 

By: Martin Creamer     11th August 2017 Technology has been configured that will unleash another mining boom when implemented by the struggling mining industry; A massive 40% of the gold ore in South Africa’s rich gold basin is wastefully left behind because of outdated mining methods; and If platinum ore could be pre-sorted using... 

Mining-impacted water punted as potential source of supply for agriculture 

By: Dylan Slater     11th August 2017 There is a dire need for alternative, sustainable cheap processes to treat mining-impacted water (MIW) and acid mine drainage (AMD), says State-owned research organisation Mintek senior scientist Tamsyn Grewar, who calls for support for irrigation as a preferred reuse activity for the treated MIW... 

Vale investors overwhelmingly join share conversion plan

By: Reuters     11th August 2017 Investors in Brazil's Vale have overwhelmingly agreed to swap their preferred stock into common shares, handling the world's No 1 iron ore producer a victory in a plan that will give equal votes to all shareholders and limit government meddling. In a Thursday securities filing, Vale said a total... 

Furnaces and kilns manufacturers are feeling the heat

By: Tasneem Bulbulia     11th August 2017 Furnaces and kilns manufacturers are taking strain, as with many other industries, owing to financial difficulties amid the current economic climate, says furnaces and kilns manufacturer Van Tuyls director and owner Richard McCullough. McCullough indicates that the number of manufacturers in the... 

Versatile UTV use prompts increased marketing

By: Victor Moolman     11th August 2017 Equipment supplier Maubra – which supplies the products of equipment manufacturer Kubota to South Africa – has increased marketing efforts regarding the RTV-X900 utility vehicle (UTV) by placing more advertisements with printed media, increasing social media awareness of the UTV and approaching... 

Sibanye’s R15m investment aims to unlock benefits of 4th industrial revolution for mining

By: Ilan Solomons     10th August 2017 Diversified miner Sibanye has partnered with the University of Johannesburg (UJ) to integrate mining education with the Fourth Industrial Revolution. The company will inject R15-million into the university’s mining engineering faculty over the next three years. The company will transfer the money... 

‘Exceptional’ rare earth grades confirmed at Burundi prospect

By: Creamer Media Reporter      10th August 2017 Independent laboratory testing recently undertaken at the Gasagwe prospect at LSE-listed Rainbow Rare Earths’ Gakara project, in Burundi, has returned an average total rare earth oxide (TREO) grade of 62.17%. This grade compares favourably with the average grade of 57% contained within... 

M&R says Australia maintenance contract a signal of future strategic intent

By: Terence Creamer     10th August 2017 The oil and gas unit of Murray & Roberts (M&R) has been awarded a five-year contract to perform maintenance services at a liquid ammonia plant and a technical ammonium nitrate (TAN) plant on the Burrup Peninsula, in Western Australia. Norway’s Yara International, which owns the facilities,... 

Trump is said to be 'really interested' in payments for coal use

By: Bloomberg     10th August 2017 West Virginia Governor Jim Justice said Donald Trump is “really interested” in his plan to prop up Appalachian mining by giving federal money to power plants that burn the region’s coal. Justice, a coal and real estate mogul elected governor last year as a Democrat, announced at a West Virginia... 

Gold jumps to eight-week high as nuclear spat fuels haven demand

By: Bloomberg     9th August 2017 Gold climbed to the highest since mid-June, pushing up mining-company shares amid military tensions between the US and North Korea. Equities slid and the Swiss franc and some developed-market government bonds advanced as President Donald Trump threatened North Korea with “fire and fury”... 

Income investors run for cover as dependable UK dividends in jeopardy

By: Reuters     9th August 2017 Attractively high dividend payouts by companies listed on Britain's stock market could be in danger. The sectors currently delivering the biggest dividends -- those that have kept yield-hungry investors in the UK market -- are showing signs of strain. 

Zwane, CoM’s dispute over Mining Charter 3 heats up

By: Natasha Odendaal     8th August 2017 Mineral Resources Minister Mosebenzi Zwane has hit back at the Chamber of Mines (CoM) in a dispute over the Mining Charter Three, accusing the chamber of blocking transformation efforts in the mining industry. Filing his answering affidavit in the High Court of South Africa on Monday, Zwane said... 

Firestone Diamonds revises FY18 guidance downwards

By: Natasha Odendaal     8th August 2017 Aim-listed Firestone Diamonds’ Liqhobong diamond mine, in Lesotho, is now expected to produce between 800 000 ct and 850 000 ct in the 2018 financial year. This is lower than the one-million carats previously targeted and is expected to impact revenues in the financial year to June 30, 2018. 

Mantos acquires Rio Tinto's shares in Mason Resources

By: Samantha Herbst     7th August 2017 Pursuant to a share purchase agreement with diversified mining major Rio Tinto subsidiary Rio Tinto Holdings, and Canadian mineral exploration and development company Turquoise Hill Resources, Bermuda-based Mantos Copper will acquire about 13-million shares in copper development company Mason... 

Premium doors for top-end vehicle marque showroom from Maxiflex

     4th August 2017 Door and loading dock specialist, Maxiflex, secured the order to supply and install three stylish fully glazed overhead sectional glass door systems to complement the brand new elegant showroom of premium brand vehicle dealership, Jaguar Land Rover Waterford, in Johannesburg’s Northern suburb of... 

Scoping study results for Pilbara gold project published

By: Esmarie Swanepoel     4th August 2017 A scoping study has estimated that the Pilbara gold project, in Western Australia, will require A$78-million to build a mine producing 290 000 oz over five years. ASX-listed De Grey mining told shareholders on Friday that the scoping study was based on an openpit mining operation and a... 

Women representation increases from ‘extreme minority’ to 13%-plus of SA’s mining workforce  

By: Mia Breytenbach     4th August 2017 The local mining industry has made significant strides in executing trans- formation and promoting gender diversity in terms of women representation, with the number of women having increased from an “extreme minority” to exceeding 10% across different levels. According to the Chamber of Mines... 

SADC urged to liberalise services and improve business environments

By: Keith Campbell     4th August 2017 In addition to making intraregional trade in goods easier, the member countries of the Southern African Development Community (SADC) should facilitate intra-bloc trade in services and improve their business environments, the Organisation of Economic Cooperation and Development (OECD) argued in... 

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