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Asanko lifts low-cost Akwasiso deposit resources, reserves

By: Henry Lazenby     Updated 5 hours ago An infill drilling campaign to upgrade previously reported inferred resources into the indicated category has resulted in junior miner Asanko Gold lifting the compliant resources and reserves at the Akwasiso deposit, part of the Asanko gold mine, in Ghana, by 79% and 62%, respectively. The... 

CoAL making progress to re-enter market as coal producer – Brown

By: Anine Kilian     28th April 2017 Triple-listed Coal of Africa Limited (CoAL) is making good progress in re-entering the market as a coal producer, CEO David Brown said in a quarterly update to shareholders on Friday. The company earlier this month announced that it would buy Pan African Resources’ Pan African Resources Coal... 

Ferrum’s JSE shares fall as it plans withdrawal from South African iron-ore project

By: Anine Kilian     28th April 2017 Ferrum Crescent’s share price on the JSE fell by 25% on Friday as the company announced it would withdraw from the Moonlight iron-ore project, in South Africa’s Limpopo province, unless an alternative development opportunity can be secured in the short term. This follows after the February... 

Upbeat Q1 earnings prove Agnico fires on all cylinders

By: Henry Lazenby     28th April 2017 Canadian gold major Agnico Eagle Mines has reported buoyant first-quarter earnings on Thursday, nearly tripling profit on the back of increased output and higher precious metal prices. Excluding special items for the three months ended March 31, Toronto-based Agnico reported adjusted profit of... 

Cordless tool battery offers 80% more power than previous models

     28th April 2017 Engineering company Bosch has introduced its Core18V battery. The unit offers maximum power and performance while minimizing weight, an achievement that bolsters its claim to being the “best-built battery among leading competitors”. 

Distributor emphasises lubricant’s cost benefits

By: Tasneem Bulbulia     28th April 2017 Southern Africa-focused bearings and power transmission products distributor Bearings International (BI) recently conducted a product focus designed to educate staff on the benefits of using reaming, tapping and drilling lubricant RTD, to strengthen its long-standing supplier-distributor... 

Mineworker dies after fall of ground at Amplats’ Tumela mine in Limpopo

By: African News Agency      26th April 2017 Anglo American Platinum (Amplats) reported on Wednesday that a mineworker had died from injuries suffered in a fall of ground related incident at the company’s Tumela Mine in the Thabazimbi District in Limpopo. The world’s largest platinum producer said the incident occurred on April 8, but the... 

South Africa considers strategic grain reserve as possible El Nino looms – Zokwana

By: Reuters     26th April 2017 South Africa, the continent's biggest maize producer, hard hit by an El Nino-triggered drought last year, is considering a strategic reserve as a buffer against future shortages, its agriculture minister told Reuters. Neighbouring countries such as Zimbabwe and Zambia have such reserves, but it... 

Now US shareholders give nod to Sibanye deal

By: Martin Creamer     26th April 2017 The requisite majority of Stillwater shareholders in the US have approved the acquisition by Sibanye of the entire issued share capital of Stillwater Mining Company. The voting took place a day after Sibanye shareholders gave their overwhelming approval to the transaction that is expected to... 

Technicrete’s Armorflex Provides A Perfectly Engineered Solution For New DuPont Research Facility

     26th April 2017 Technicrete’s Armorflex system was specified by both the architects and engineers for use on construction of the new entrance road to Du Pont Pioneer’s newly built research facility at Delmas, Mpumalanga. This product placement was due to the client’s requirement for a ‘Green’ Road that could... 

Mincor proves gold mettle

By: Esmarie Swanepoel     26th April 2017 The Widgiemooltha gold project, in Western Australia, could deliver 65 863 oz of gold over an initial 19-month mine life, ASX-listed Mincor Resources has told shareholders. A feasibility study into the 60 000 t/m project estimated that the project could be developed at a capital cost of... 

Diamond production at Petra’s operations flat during rainy season

By: Megan van Wyngaardt     24th April 2017 LSE-listed Petra Diamonds’ production of 999 768 ct for the third quarter, ended March 31, was only marginally higher than the 995 905 ct it produced in the same quarter of 2016. However, run-of-mine (RoM) production for the quarter increased 18% to 760 916 ct, as RoM grades improved owing to the... 

Turnkey vacuum solutions from Atlas Copco Vacuum Technique

     24th April 2017 In a move to become a global leader in vacuum solutions, Atlas Copco established Vacuum Technique as a fifth business area on 1st January 2017. Vacuum solutions originally formed part of Atlas Copco Compressor Technique’s product portfolio. Following the vacuum business’s excellent growth over... 

South Africa's Sibanye declares war on illegal gold miners

By: Reuters     21st April 2017 Illegal gold mining has plagued South Africa's mining companies for decades, robbing the industry and state coffers of billions of rand through smalltime pilfering as well as networks run by organised crime. Now, with unmined output dwindling and proving more difficult to extract, one firm has... 

On-The-Air (21/04/2017) 

By: Martin Creamer     21st April 2017 A new gold project being fast-tracked following the successful raising of capital in London and Johannesburg; A new aspirant mining champion has stepped up to the plate with a R2.3-billion debut deal and Money is being raised to revive a once thriving copper-mining area in the Northern Cape. 

Strongbow’s South Crofty to revive age-old tin mining tradition in Cornwall 

By: Henry Lazenby     21st April 2017 Bolstered by strengthening tin prices and improving fundamental support in the long term, Canadian mineral exploration firm Strongbow Exploration is set to revive a mining tradition in England’s county of Cornwall, that reaches back thousands of years to the early Bronze Age. The company’s... 

Newmont reveals Ahafo underground mine, mill expansion plans to lift output 50%

By: Henry Lazenby     21st April 2017 US-based gold major Newmont Mining has announced investment plans to the value of $380-million for a new underground mine and a 50% plant expansion at the Ahafo mine, in Ghana. The Subika underground mine is projected to produce 1.8-million ounces of gold over an 11-year mine life, and features... 

Boeing launches concepts for deep space portals and transport systems

By: Dylan Slater     21st April 2017 US aerospace company Boeing unveiled concepts earlier in April for the deep-space gateway and transport systems that could help achieve US space agency the National Aeronautics and Space Administration’s (Nasa’s) goal of having robust human space exploration from the moon to Mars.  

Brazilian company unveils over-the-horizon radar

By: Keith Campbell     21st April 2017 Brazilian technology company IACIT Soluções Tecnológicas S/A (IACIT), which develops and produces air traffic control and management and maritime traffic control and management systems, weather radars, telemetry systems, and integrated networks (among other products and systems) for civil, public... 

Glyn Rhonwy pumped-storage scheme project, UK

By: Sheila Barradas     21st April 2017 The project will be the first new grid-scale power storage facility built in the UK in more than 30 years. 

Alphamin appoints Swanepoel, Baloyi to board; starts mine boxcut construction

By: Megan van Wyngaardt     20th April 2017 TSX-listed Alphamin Resources, which is developing the Bisie tin project, in the Democratic Republic of Congo, has appointed Bernard Swanepoel and Paul Baloyi to its board. Swanepoel currently also serves on the boards of miners Impala Platinum, Zimplats, eXtract Limited, African Rainbow Minerals... 

Govt not delaying Vredefort Dome’s heritage proclamation – Molewa

By: Megan van Wyngaardt     18th April 2017 Concerns of landowners within the Vredefort Dome, in the Free State, are preventing government from proclaiming the area as a world heritage site, says Environmental Affairs Minister Edna Molewa. In a written reply to a Parliamentary question, published on Tuesday, she said the area, which was... 

Seismic event hits Newcrest’s Cadia mine

By: Esmarie Swanepoel     18th April 2017 A seismic event in the region of the Cadia gold operation, in New South Wales, has seen gold miner Newcrest Mining suspend operations at the mine. The seismic event occurred on Friday and an assessment of the damage caused is currently under way. 

PTM reviews strategic alternatives as Maseve’s underperformance leaves a hole in pocket

By: Henry Lazenby     18th April 2017 Canadian precious metals miner Platinum Group Metals (PTM) has cut its 2017 guidance from 100 000 oz of platinum, palladium, rhodium and gold (4E) to 85 000 oz 4E, saying it is working with BMO Capital Markets and Macquarie Capital to review and assess corporate and asset-level strategic... 

Richmont reports strong Q1 output as costs slide

By: Henry Lazenby     14th April 2017 Boutique gold producer Richmont Mines has reported strong performance from the flagship Island Gold mine, in Ontario, pushing total output in the period to 29 401 oz of gold, which despite being 9% lower year-on-year, took into account the ceased production at the small-scale Monique mine, and... 

Flooring project completed at Cape Town hospital

By: Marleny Arnoldi     14th April 2017 Vinyl supplier Polyflor South Africa (SA) recently completed a 16-storey building flooring project for the relocation of Christiaan Barnard Hospital –part of healthcare provider Netcare Group – in Cape Town, which has been under construction for 18 months.  

South Deep rebase plan paving way for healthier economics, safer mining

By: Dylan Slater     13th April 2017 The South Deep gold mine, in Westonaria, Gauteng, is set to steadily ramp up production using a fully mechanised deep-level underground fleet, allowing for operations to be conducted at increasingly greater efficiencies, while ensuring improved personnel health and safety, as well as morale. The... 

Funding under way for revival of old Prieska zinc-copper potential

By: Martin Creamer     12th April 2017 Funding efforts aimed at reviving the old Northern Cape mining area endowed with significant zinc and copper potential are gaining momentum. Acknowledged as the host of one of world’s most noteworthy volcanogenic massive sulphide (VMS) base metal deposits, the Prieska area has a well-recorded... 

AfriBusiness applies PAIA rule for Eskom, Optimum penalty clarification

By: Natasha Odendaal     12th April 2017 As media reports surface over a settlement agreement between State-owned Eskom and Optimum coal mine, business rights watchdog AfriBusiness is seeking more information on “what transpired” during the alleged payment of the fine by Tegeta Exploration & Resources. Leveraging the Promotion of Access... 

Western Areas restarts mill recovery project

By: Esmarie Swanepoel     12th April 2017 The board of nickel miner Western Areas has approved a A$17.5-million investment in its mill recovery enhancement project (MREP) in Western Australia. The MREP will process one of the tailings streams from the flotation plant, which contains valuable amounts of nickel that cannot be recovered as... 

Cost-Effective Sustainable Jeep Track For Access Roads And Trails

     12th April 2017 Technicrete’s interlocking Armorflex Blocks are ideally suited to Jeep Track (Strip Road) application, providing access to areas currently either without established roadways or with crumbling insitu cast concrete strips. Sites requiring vehicle traversal such as rural development and... 

N2 roadworks 75% complete

By: Anine Kilian     10th April 2017 The rehabilitation of 7 km of the N2 between Borcherds Quarry road and the R300, in the Western Cape, is 75% complete. The R186-million project, which is being undertaken by the Western Cape Department of Transport and Public Works (DTPW) and on which work started in January 2016, is expected to... 

Utilizing High-Volume; High-Head; Medium/High Voltage Submersible Pumps For Acid Mine De-Watering

     10th April 2017 The harsh mining conditions in Southern Africa require submersible pumps to pump high volume of liquid containing solids at high heads and which have led to the design and development of the world’s first Medium/High Voltage Submersible Slurry Pump capable of pumping high volumes of liquids... 

Oz Minerals hunts for copper in Portugal

By: Esmarie Swanepoel     10th April 2017 Copper/gold miner Oz Minerals has inked an earn-in agreement with TSX-V-listed Avrupa Minerals over its Alvito copper/gold project, in Portugal. Under the agreement, Oz Minerals can earn a 51% interest in the project through a minimum spend of A$1-million on exploration in the first year of the... 

GoldQuest’s Dominican ‘string of pearls’ attracts major endorsement by Agnico Eagle

By: Henry Lazenby     7th April 2017 Exploration success by TSX-V-listed GoldQuest Mining at its flagship Romero project and key regional exploration targets along the Tireo land position, in the western Dominican Republic – likened to a “string of pearls” by executive chairperson Bill Fisher – has attracted the attention of senior... 

Cost-Effective Sustainable Jeep Track For Access Roads And Trails

     7th April 2017 Technicrete’s interlocking Armorflex Blocks are ideally suited to Jeep Track (Strip Road) application, providing access to areas currently either without established roadways or with crumbling insitu cast concrete strips.    Sites requiring vehicle traversal such as rural development and... 

Work smarter not harder with Atlas Copco SmartROC T45

     7th April 2017 Longer drill rods, improved fuel burn and upgraded software have made the SmartROC T45 Top Hammer drill rig from Atlas Copco even smarter. This rugged and reliable machine will boost production and productivity at limestone and aggregate quarries as well as construction, open-pit and selective... 

Komatsu concludes $3.7bn Joy Global acquisition

By: Megan van Wyngaardt     7th April 2017 Komatsu America, a subsidiary of Komatsu, has completed its $3.7-billion acquisition of high-productivity mining solutions provider Joy Global. Retaining its headquarters in Milwaukee, Wisconsin, Joy Global will be renamed Komatsu Mining Corp and operate as a subsidiary of Komatsu, while... 

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