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Vast Resources to deliver maiden revenue in H2

By: Natasha Odendaal     Updated 27 minutes ago Aim-quoted Vast Resources is eyeing maiden positive cash flow from its emerging Pickstone-Peerless gold mine, in Zimbabwe, in the second half of 2015, as the joint venture is advanced. The emerging midtier, multicommodity, multijurisdictional development and mining company, formerly known as... 

Coal IPP programme bid window likely to be extended – DoE

By: Natalie Greve     Updated 3 hours ago The bidding window for government’s Coal Baseload Independent Power Producers (IPP) Programme is likely to be pushed back beyond its initially indicated June 8 closing date as the Department of Energy (DoE) tackles the design of a complex programme framework and fields requests for extensions by... 

Coal IPP programme bid window likely to be extended – DoE

Production up at Glencore’s South African coal mines

By: Martin Creamer     Updated 5 hours ago Production from Glencore’s South African thermal coal mines was 10% higher in the three months to end March. The London-, Hong Kong- and Johannesburg-listed diversified mining and marketing company, headed by CEO Ivan Glasenberg, said on Tuesday that the ramp up of its newly commissioned... 

Production up at Glencore’s South African coal mines
Photo by Duane Daws
Ivan Glasenberg

CITIC may appeal dismissal of lawsuit against Australian foe

By: Reuters     Updated 5 hours ago CITIC Ltd is considering appealing a court decision to dismiss a lawsuit it brought against Australian billionaire Clive Palmer over the use of funds that were meant for operating the Chinese firm's iron ore port. The case is one strand in a bitter legal fight centred on royalties CITIC owes... 

Epanko development gains momentum

By: Esmarie Swanepoel     Updated 5 hours ago Graphite developer Kibaran Resources has moved a step closer to the development of its Epanko graphite project, in Tanzania, with the company announcing on Tuesday that it had received an environmental permit from the office of the Vice President. The certificate was a pre-requisite for the... 

WA committed to help in Afghan resource development

By: Esmarie Swanepoel     Updated 5 hours ago Western Australian Mines and Petroleum Minister Bill Marmion this week said that the state’s experience in resource development could assist war-torn Afghanistan to rebuild its economy. “Despite damage during the fighting following the withdrawal of the Soviets in 1989, and disruption during the... 

Beacon Minerals completes mining at Halleys East

By: Esmarie Swanepoel     Updated 5 hours ago Australian junior Beacon Minerals on Tuesday announced that the company had completed mining operations at its Halleys East gold mine, in Western Australia. The mine produced its first gold in May last year. 

Valence adds to Uley resource

By: Esmarie Swanepoel     Updated 6 hours ago Graphite developer Valence Industries has reported a 50% increase in the graphite resource of its Uley pit 2 project, in South Australia. The project is estimated to host about 4.54-million tonnes of resource, grading 11.63% graphitic carbon, for 520 000 t of contained graphite. Some 68% of the... 

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