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First phase of Dingleton relocation project under way

By: David D‘ Oliveira The first phase of Kumba Iron Ore’s relocation of the Dingleton community in the Northern Cape officially got under way this week with the first households moved into their new homes in Kathu. The R4.2-billion relocation project was an important element of Kumba’s Sishen Mine’s western expansion,... 

Beacon Hill restructuring talks ongoing

By: Natalie Greve Responding to a jump in its share price, Beacon Hill reiterated on Friday that it remained in advanced negotiations with an unnamed development finance institution in relation to a new senior debt facility. The commodity producer’s shares on the LSE were trading up 5.8% to 0.09p on Friday... 

Kibo to restart uranium activities

By: Natasha Odendaal Dual-listed Kibo Mining is set to develop its currently idled uranium assets, in Tanzania, through a 50:50 joint venture (JV) partnership with Metal Tiger. The binding memorandum of understanding (MoU) inked this week with Aim-listed Metal Tiger would allow Kibo to pull the Pinewood portfolio out... 

Nevsun denies Bisha human rights allegations in lawsuit

By: Creamer Media Reporter A lawsuit has been filed against Vancouver-based mining company Nevsun Resources in the British Columbia Supreme Court by three individuals who claim to have once worked with a local subcontractor at the Bisha mine, in Eritrea, on the Horn of Africa. The TSX-listed company said on Friday that the... 

Nevsun denies Bisha human rights allegations in lawsuit

Five mineral value-chains prioritised in South Africa’s draft beneficiation plan

By: Terence Creamer The Mineral Beneficiation Action Plan (MBAP), which is currently in draft form, should be finalised by the end of March 2015, the Department of Trade and Industry (DTI) has confirmed. The department is leading the drafting process, which also involves the National Treasury, the Economic... 

Five mineral value-chains prioritised in South Africa’s draft beneficiation plan
Photo by Duane Daws
Steel among the five resource value-chains being prioritised

Section 54 stoppages at Pan African to dent Nov output

By: Natalie Greve The issuing of two separate Section 54 notices at Pan African Resources’ Mpumalanga-based mines by the Department of Mineral Resources’ Mine Health and Safety Inspectorate (MHSI) this month is set to negatively impact gold production from the Barberton and Evander operations, the company said on... 

Teck to spend $600m over 5 years to manage Elk Valley water quality

By: Creamer Media Reporter TSX-listed Teck Resources expects to spend an estimated $600-million over a five-year period on the installation of water diversions and water treatment facilities as part of the Elk Valley Water Quality Plan, approved by the British Columbia Ministry of Environment. This was on top of the... 

CRG inks second MoU for possible subsidiary sale

By: Natalie Greve Just over a week after entering into a nonbinding memorandum of understanding (MoU) with the Hiria Group, local gold producer Central Rand Gold (CRG) said on Friday that it had inked a separate MoU with Phoenix Tree Investment Group subsidiary Beijing Ankong Investment. The Ankong MOU, which was... 

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