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Call for jobless mining engineer graduates to spearhead research revolution

By: Martin Creamer     Updated 1 hour 27 minutes ago A call was made on Tuesday for the current surfeit of highly trained but jobless South African mining engineering university graduates to be directed towards spearheading a research revolution involving the creation of mining clusters that have agriculture on waste mine land and mineral recovery... 

Call for jobless mining engineer graduates to spearhead research revolution
Photo by Duane Daws
Robbie Robinson (right) and Martin Creamer

Gold dips further below $1 200 on robust US data, dollar

By: Reuters     Updated 3 hours ago Gold eased further below $1 200 an ounce on Tuesday as the dollar climbed to a fresh 12-and-a-half-year peak against the yen and strong US economic data supported expectations of a Federal Reserve rate hike later this year. Spot gold eased 0.1% to $1 187.10 an ounce by 0257 GMT. The metal had... 

Northam terminates ADR programme

By: Creamer Media Reporter      Updated 3 hours ago A lack of interest has prompted South African platinum producer Northam Platinum to terminate its sponsored American Depository Receipt (ADR) Level 1 programme through the Bank of New York Mellon. The ADR, which was established in June 2011, would terminate with effect from June 15. 

Industry, govt welcome Great Barrier Reef’s exclusion from ‘in danger’ list

By: Esmarie Swanepoel     Updated 3 hours ago The Queensland government at the end of last week welcomed the World Heritage Committee’s recommendation to not list the Great Barrier Reef as “in danger”. Minister for the Great Barrier Reef, Dr Steven Miles, said the draft decision was a vote of confidence in the measures introduced by the... 

Uley reserve increase boosts project economics – Valence

By: Esmarie Swanepoel     Updated 3 hours ago Graphite producer Valence Industries on Tuesday revealed that a recent increase in the ore reserve at the Uley project, in South Australia, had increased the expanded project’s net present value by 38%, from A$65-million to A$90-million. In January this year, Valence completed a feasibility... 

Uley reserve increase boosts project economics – Valence

Stoping ops get under way at Tanzania underground mine

By: Creamer Media Reporter      Updated 3 hours ago Stoping operations have started ahead of schedule at LSE-listed Acacia Mining’s Gokona Underground gold project, in Tanzania, with the first ore having been delivered to the process plant. The gold miner said on Tuesday that the first stope had, to date, demonstrated the expected geotechnical... 

Metro reports massive surge in Bauxite Hill reserve

By: Esmarie Swanepoel     Updated 3 hours ago Bauxite developer Metro Mining on Tuesday announced a near fivefold increase in the ore reserves at its Bauxite Hills project, in Queensland’s Cape York Peninsula. Metro told shareholders that the ore reserve increased by 398% to 48.2-million tonnes, of which 41.8-million tonnes were classified... 

Amec calls for more exploration investment

By: Esmarie Swanepoel     Updated 3 hours ago The Association of Mining and Exploration Companies (Amec) has called for more investment into resource exploration, after figures from the Australian Bureau of Statistics revealed a continued decline in exploration, particularly in greenfields exploration. “In the March 2015 quarter, metres... 

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