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DRA secures EPCM contract for phosphate development

By: Natasha Odendaal     Updated 12 minutes ago Emerging phosphate miner Elandsfontein Exploration and Mining has tasked multidisciplinary engineering group DRA with the implementation phase of the Elandsfontein phosphate project, on the west coast of South Africa. DRA, which had also completed the definitive feasibility study for the project,... 

Nord Gold lifts ore reserves 3% despite 2.3Moz exploration depletion

By: Natalie Greve     Updated 24 minutes ago Diversified gold producer Nord Gold has grown its ore reserves by 3% to 13-million ounces since 2012, despite the depletion of 2.3-million ounces during its 2013/14 exploration programmes. The London-listed group outlined in an exploration, mineral resources and ore reserves update for the year... 

Avocet secures mining licence for Guinea gold play

By: Natalie Greve     Updated 26 minutes ago Following an application to the Guinea government in September 2013, unhedged gold miner Avocet Mining’s subsidiary, Wega Mining Guinea, has been granted a mining licence for its Tri-K project, in the northeast of the country. The group said on Thursday that the licence was granted based on... 

Disused mines: what’s being done?

By: SANews, SA government news service     Updated 1 hour 33 minutes ago In the late 1880s, when the first miners started driving their tunnels through the hard quartzite rock below the Witwatersrand, digging deep to extract the region's vast gold wealth, they could not have foreseen the dangerous legacy their activities would leave for future generations. Now, well... 

Disused mines: what’s being done?

China Q2 copper demand likely moderate compared to previous years -trade

By: Reuters     Updated 2 hours 12 minutes ago Seasonal demand for copper in China is likely to be moderate in the second quarter compared with previous years, with end users holding limited cash as the economy slows, industry sources in the country said. Would-be buyers such as cable manufacturers appeared to be suffering from cash... 

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

By: Jade Davenport     Updated 3 hours 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 3 hours ago Australian oil and gas major Woodside’s multibillion 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 3 hours 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

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