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Sentula sells DRC-based drilling assets amid exploration crunch

By: Natalie Greve     Updated 20 minutes ago Sentula Mining subsidiaries Sentula Mining Services and Senex have inked a deal to offload idle property, plant, equipment and associated inventory held in the Democratic Republic of the Congo (DRC) to Orezone Drilling Mauritius and its DRC-focused drilling subsidiary Orezone Drilling DRC for... 

De Beers plans to keep South African diamond exploration spend at R30m a year

By: Martin Creamer     Updated 45 minutes ago Diamond company De Beers plans to maintain its diamond exploration spend in South Africa at R30-million to R35-million a year. De Beers Consolidation Mines (DBCM) CEO Phillip Barton, who spoke to Mining Weekly Online in a video interview (see attached) on the sidelines of the Diamond Route... 

De Beers plans to keep South African diamond exploration spend at R30m a year
Photo by Duane Daws
De Beers Consolidated Mining CEO Phillip Barton

Diminishing gas continues to stifle PetroSA’s GTL output

By: Terence Creamer     Updated 45 minutes ago South Africa’s national oil company PetroSA produced 14% less refined product in 2013/14 than budgeted, owing to diminishing gas feedstock. The State-owned group also warned that that inadequate feedstock would remain a constraint on its future performance. The company produces 5.8-million... 

Diminishing gas continues to stifle PetroSA’s GTL output

StratMin signs offtake deal for Madagascar graphite

By: Creamer Media Reporter      Updated 3 hours ago Aim-listed graphite producer StratMin Global Resources has started selling natural flake graphite from its Madagascar-based operations to an undisclosed independent graphite processor and merchant. This followed on the signing of an offtake agreement between the parties, which was effective... 

India takes baby steps towards open coal sector

By: Ajoy K Das     Updated 4 hours ago The Indian government has given the first hints of legislative changes designed to usher in the de-nationalisation of the country’s coal sector. While no timeframe for the dramatic reform of the sector had been given, the government has indicated that de-nationalisation was the path it would... 

Stellar to start Baoulé diamond sales before year-end

By: Creamer Media Reporter      Updated 4 hours ago West Africa-focused diamond development company Stellar Diamonds expects to start selling diamonds from its Baoulé trial mining project, in Guinea, before the end of this year. The miner had completed the processing of the first kimberlite sample from the project, following the successful... 

Iron-ore flood leaves little wriggle room for minnow Atlas

By: Reuters     Updated 4 hours ago A flood of low-cost iron ore is driving tiny Australian miner Atlas Iron to its break-even point, underscoring the pain inflicted by a ramp-up in output by mega-producers Rio Tinto and BHP Billiton. Atlas, which raced into production half a decade ago when iron ore prices were booming on the... 

WA enviro approval clears rare earths project for development

By: Esmarie Swanepoel     Updated 5 hours ago he Western Australian government has given environmental approval for ASX-listed Northern Minerals to develop its Browns Range heavy rare earths project. The environmental clearance marked the completion of the Browns Range project’s primary environmental assessment process. 

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