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As beneficiation debate rages, experts insist focus must be on niche sectors, upstream manufacturing

By: Jade Davenport     Updated 35 minutes ago The contentious debate surrounding South Africa’s beneficiation strategy and how best it should be undertaken has been placed under the glare of the spotlight again and has served to intensify tensions between government and the mining industry over continuing mineral policy uncertainty. The... 

As beneficiation debate rages, experts insist focus must be on niche sectors, upstream manufacturing

Woodside closes Wheatstone deal

By: Esmarie Swanepoel     Updated 37 minutes ago Australian oil and gas major Woodside’s multi billion dollar transaction with Apache Corporation, to acquire that company’s interest in the Wheatstone liquefied natural gas (LNG) and Balnaves oil interests, as well as the Kitimat LNG project, closed on Thursday. The Wheatstone and Balnaves... 

BC Iron terminates Watpac contract early to cut costs

By: Esmarie Swanepoel     Updated 58 minutes ago Iron-ore miner BC Iron on Thursday announced it would terminate its mining contract with project house Watpac early in an effort to save between A$2/t and A$3/t in costs. The junior told shareholders that current market conditions and the competitiveness and pricing seen in the recent Warrigal... 

BC Iron terminates Watpac contract early to cut costs

Reward studies 400 000 t/y potash project in WA

By: Esmarie Swanepoel     Updated 2 hours 25 minutes ago A scoping study into the LD potash project, in Western Australia, has revealed that the project could produce 400 000 t/y. Owner Reward Minerals on Thursday announced that the project would require a capital investment of about A$320-million, and would likely have an operating cost of A$204/t. 

Crusader raises funds for Brazilian gold project

By: Esmarie Swanepoel     Updated 2 hours 27 minutes ago Brazil-focused Crusader Resources has raised A$3.3-million through a share placement to fund accelerated exploration work at the Juruena gold project. The share placement would be conducted in two tranches, with the first tranche consisting of about seven million shares, priced at 17c each, and... 

Cokal hammers out takeover details

By: Esmarie Swanepoel     Updated 2 hours 29 minutes ago ASX-listed takeover target Cokal has started detailed discussions with Indonesia’s PT Cakra Mineral (CKRA) in the hopes of finalising the takeover deal. CKRA last month launched a takeover offer for Cokal, offering shareholders the option of either 15c in cash for each share held, valuing the... 

Talga approved for trial mining in Sweden

By: Esmarie Swanepoel     Updated 2 hours 31 minutes ago Sweden's environmental authorities have given ASX-listed Talga Resources the green light to start graphite test mining at its Vittangi project. The test mining permit will allow for the removal of 2 000 m3 of graphite ore within a specified part of the Nunasvaara resource, and will be valid... 

PanAust shareholders told to take no action

By: Esmarie Swanepoel     Updated 2 hours 32 minutes ago Gold miner PanAust on Thursday told shareholders to hold off on taking action regarding a takeover offer from shareholder Guangdong Rising Asset Management (Gram). Earlier this week, Gram announced its intention to launch a takeover offer for PanAust, offering a cash price of A$1.71 for each... 

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