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Diversified Miners News

AngloGold’s Venkat resigns to take top job at Vedanta Resources

By: Marleny Arnoldi     16th April 2018 Srinivasan Venkatakrishan (Venkat) will step down as CEO of gold miner AngloGold Ashanti on August 31 to take up the CEO position at diversified miner Vedanta Resources.  

First ‘Resources for Future Generations’ conference to be held in Vancouver

By: Henry Lazenby     13th April 2018 The Resources for Future Generations conference (RFG2018) is scheduled to make its debut on the Canadian resource conference circuit between June 16 and 21, in Vancouver, and is shaping up to be an event unlike the myriad of competing forums held in Canada throughout the year. RFG2018 chairperson... 

First ‘Resources for Future Generations’ conference to be held in Vancouver
Photo by Resources for Future Generations Conference
RFG2018 chairperson John Thompson

Anglo American, department launch ambitious education programme

By: Marleny Arnoldi     13th April 2018 Diversified miner Anglo American on Friday launched a new education programme, in partnership with the Department of Basic Education (DBE), which will improve outcomes for learners in 100 early childhood development sites and 100 primary and secondary schools that are local to the company’s... 

West and Central African Mining Summit to tackle vital issues

13th April 2018 The upcoming tenth West and Central African (WaCA) Mining Summit and Expo will showcase the dynamism and resilience of the mining industry in these regions, as well as explore the challenges facing mining in the region, with speakers that will cover various topics that have significant impact on... 

West and Central African Mining Summit to tackle  vital issues
PRESSING MATTERS The West and Central African Mining Summit and Expo will discuss the most pressing issues facing mining in the region

Nigeria to offer funding to artisanal, small-scale miners

13th April 2018 The Nigerian Federal Ministry of Mines and Steel Development and the Bank of Industry (BOI) have opened applications to the funding scheme for Nigerian artisanal and small-scale miners (ASM) in February. In August 2017, the two entities signed a memorandum of understanding (MoU) for the... 

Nigeria to offer funding to artisanal, small-scale miners
CASH INJECTION Artisanal and small-scale miners will be able to apply for funding from the Federal Ministry of Mines and Steels Development and the Bank of Industry in Nigeria

Local services provider offers long-term services in Africa

By: Melissa Zisengwe     13th April 2018 Leading turnkey furnace and industrial services provider the Dickinson Group aims to secure more long-term contracts in the outsourced mining services industry in Africa in 2018. According to Dickinson Group sales manager Brighton Mapiku, the company is working on completing three major... 

Local services provider offers long-term services in Africa
EXPANSION STRATEGY The Dickinson Group’s expansion strategy will continue to propel its growth across the continent

Services provider targets sub-Sahara

By: Melissa Zisengwe     13th April 2018 Dubai-based remote site construction and services provider RA International (RA) aims to introduce its broad service-offering to the sub-Saharan Africa mining industry. The company aims to provide a variety of packaged solutions, such as turnkey accommodation, facilities maintenance, plant and... 

Services provider targets sub-Sahara
TAILORED SERVICES RA International’s site analysis allows for service delivery tailored for the African region

Juniors chalk up new gold discoveries in West Africa

By: Erin Steenhoff-Snethlage     13th April 2018 Canadian gold miner Ashanti Gold, Australian miner Tietto Minerals and Canadian miner Nexus Gold have made seven new gold discoveries between them in Mali, Ghana, Cote d’Ivoire and Burkina Faso. Ashanti Gold has identified three zones with gold deposits at the Anumso gold project in Ghana.... 

Juniors chalk up new gold discoveries in West Africa
Photo by Reuters
NEW DISCOVERIES Three mines have made seven new gold discoveries in West Africa

W Africa exploration to benefit from global mining upturn

By: Erin Steenhoff-Snethlage     13th April 2018 Global investor confidence in mining is slowly returning, but opinion is divided about whether mines will be able to maintain and grow production without relinquishing their cost discipline of the past few years, states the Prospectors & Developers Association of Canada (PDAC). There has been... 

W Africa exploration to benefit from global mining upturn
GLENN MULLAN The Prospectors & Developers Association of Canada says the recovery of the global mining industry will have a knock-on effect in mining exploration and investments in West Africa

West African mining industry rising despite challenges

By: Erin Steenhoff-Snethlage     13th April 2018 West Africa has the potential to attract greater investment and further develop its fledgling mining industry, says Centurion Law group CEO NJ Ayuk. “Almost every country in the region has mineral reserves that have barely been touched, in contrast with Southern Africa, where mining is a mature... 

West African mining industry  rising despite challenges
WEST AFRICA RISING West Africa’s diverse mineral resources, increasing political stability and relatively low entry costs are ideal conditions for mining investment

Software, digitalisation to enhance mining productivity, efficiency

By: Mia Breytenbach     13th April 2018 Amid the recent economic downturn, with the global mining industry having to deal with volatile commodity prices, as well as the increasing need to improve operational efficiencies and address safety concerns, mining software solutions provider MICROMINE global marketing manager Kate Gilbey... 

Software, digitalisation to enhance mining productivity, efficiency
INCREASING AWARENESS Mining companies recognise the need to improve their processes to increase productivity and output and, ultimately, realise a healthier bottom line

EY launches new team in Natural Resources segment

By: Nadine James     13th April 2018 Assurance and advisory firm EY in Africa, has incorporated a new Transaction Advisory Services (TAS) technical team into its Natural Resources segment. The team includes a century’s worth of combined mining and oil and gas expertise and combines “deep sector expertise and economic competence” to... 

Services demand in Africa rising

By: Melissa Zisengwe     13th April 2018 Over the past two years, local mining engineering consultancy Ukwazi has registered a rise in demand of between 20% and 30% for its service offering across Africa. The demand can mostly be attributed to the openpit operations across South Africa and Africa, but also to openpit operations... 

Services demand in Africa rising
SERVICES DEMAND Ukwazi has a pipeline of clients requesting additional services, mostly in the Southern Africa region

Glencore is losing billionaire allies to Trump's sanctions

By: Bloomberg     12th April 2018 The reach and power of US sanctions are hemming in the world’s largest commodity trader. In just four months, Glencore chief Ivan Glasenberg has lost two of his closest business allies as President Donald Trump’s aggressive foreign policy hits home, forcing him to cut ties with billionaires Oleg... 

Rio Tinto’s Thompson deals with misconduct allegations at AGM

By: Esmarie Swanepoel     12th April 2018 Mining major Rio Tinto has again denied allegations of withholding information from shareholders regarding its Mozambican coal assets, with chairperson Simon Thompson saying that the company would “vigorously” defend itself against these allegations. The UK’s Financial Conduct Authority (FCA)... 

Rio Tinto’s Thompson deals with misconduct allegations at AGM

Agarwal offers Anglo help in tapping India's 1.3bn people

By: Bloomberg     12th April 2018 Anglo American’s biggest shareholder, billionaire Anil Agarwal, has offered to help the mining giant expand into India. “That’s a big market for them,” Agarwal said in an interview in Lusaka. “I am going to help them if they need to open up that market for them to work there.” 

Agarwal offers Anglo help in tapping India's 1.3bn people
Anil Agarwal

Vedanta’s Gamsberg mine remains on track

By: Simone Liedtke     11th April 2018 LSE-listed Vedanta Resources’ Zinc International business produced 157 000 t of zinc in the financial year ended March 31, in line with the 156 000 t produced in the prior financial year. The BMM operation, in South Africa, increased its mined zinc output by 3% year-on-year to 72 000 t, but the... 

Vedanta’s Gamsberg mine remains on track

South32 ordered to pay damages to Colombia community, miner to appeal

By: Esmarie Swanepoel     11th April 2018 Diversified miner South32 on Wednesday said that it would appeal a decision by the Constitutional Court of Colombia in relation to alleged health and environmental impacts on the community surrounding its Cerro Matoso nickel operation. The Constitutional Court found that waste from the Cerro... 

Canada's Saskatchewan sees smaller fiscal deficit as spending kept tight

By: Reuters     11th April 2018 The Canadian province of Saskatchewan, home to major potash and uranium reserves, said on Tuesday it would run a smaller deficit in the current fiscal year and balance its books in 2019/20 as it keeps a tight lid on spending despite projected higher commodity prices. Saskatchewan, which has... 

Former South African President Kgalema Motlanthe joins Ivanhoe board

By: Henry Lazenby     10th April 2018 Former South African President Kgalema Motlanthe has joined the board of project developer Ivanhoe Mines with immediate effect, the company announced on Tuesday. In his new nonexecutive capacity, Motlanthe is expected to bring a “new dimension” to the company’s strategic evaluations, consensus... 

Former South African President Kgalema Motlanthe joins Ivanhoe board
Photo by Creamer Media
Former South African President Kgalema Motlanthe

Vision 2030 mining growth strategy under development ­– ­DMR

By: Martin Creamer     10th April 2018 A Vision 2030 for the mining industry, and a strategy for growth and competitiveness of the sector, are topics under development, the Department of Mineral Resources (DMR) said on Tuesday, when efforts to finalise and gazette the Mining Charter also intensified. In announcing that Mineral... 

Vedanta's application to renew copper smelter operations in India rejected

By: Reuters     10th April 2018 Vedanta Resources said on Tuesday its application to renew operations at a copper smelting plant in the South Indian town of Thootukudi was rejected. The rejection comes amid almost daily protests by the people of Thootukudi against Vedanta's plans to increase the capacity of the smelter, one of... 

Glencore terminates Rusal-EN+ share swap, Glasenberg quits Rusal board

By: Mariaan Webb     10th April 2018 Multinational miner and commodity trader Glencore will not proceed with a share swapping transaction with Russian companies Rusal and EN+ Group, following fresh US sanctions targeting Kremlin-linked companies and oligarchs. Glencore, which on Tuesday confirmed that it would comply with all... 

Glencore terminates Rusal-EN+ share swap, Glasenberg quits Rusal board
Photo by Creamer Media
Glencore CEO Ivan Glasenberg has resigned as director of Russian aluminium gaint Rusal.

Vanadium batteries need 'Elon Musk moment' to kick-start market

By: Bloomberg     10th April 2018 Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share centre stage with other energy-storage components such as lithium and cobalt. “When we get that moment, we’re off to the races,” Vincent Algar, MD of Australian Vanadium, said in... 

Kinder Morgan suspends Trans Mountain Expansion project as political firestorm heats up

By: Henry Lazenby     9th April 2018 Pipeline operator Kinder Morgan Canada (KMC) has placed non-essential activities and related spending to twin an existing crude oil pipeline between Alberta and British Columbia on ice, as opposition to the project in British Columbia intensifies. The C$7.4-billion project, which was previously... 

Kinder Morgan suspends Trans Mountain Expansion project as political firestorm heats up

Rio Tinto discloses details of the $5.1bn tax payments

By: Anine Kilian     9th April 2018 Diversified miner Rio Tinto on Tuesday revealed that its tax payments and royalties paid had increased from $4-billion in 2016, to more than $5.1-billion in 2017, with the majority of taxes paid in Australia. In its latest voluntary taxes paid report, published on Tuesday, Rio Tinto detailed that... 

Mobile communication boosts work milieu in deep-level mines

By: Donald Makhafola     6th April 2018 With deep-level mineworkers exposed to hazardous environments on a daily basis, companies need to improve their communication and planning to reduce the number of fatalities in the industry, says employee engagement company Wyzetalk CEO Gys Kappers. "Enhancing stakeholders' engagement through... 

Mobile communication boosts work milieu in deep-level mines
GYS KAPPERS Enhancing stakeholders' engagement through more frequent communication will go a long way towards improving health and safety measures in mines

Technical innovation receives industry thumbs up

6th April 2018 Consulting firm Mira Geoscience received the Ultra Deep Mining Network (UDMN) Outstanding Achievement in Commercialisation award for a technical innovation and commercial sale that is quickly becoming the industry’s most comprehensive and advanced geotechnical data management and hazard... 

Technical innovation  receives industry thumbs up
Photo by Bloomberg
GEOTECHNICAL SERVICES The Ultra-Deep Mining Network is accelerating commercially viable technologies to the mining industry

BME launches new emulsion brand, eyeing North American market

By: Nadine James     6th April 2018 After three decades of advancement in its emulsion offerings, South Africa-based explosives leader BME is subsuming its well-known brands such as HEF, and Megapump under the name of Innovex. According to BME ammonium nitrate-based products, equipment and services product manager Dr Rakhi Pathak,... 

Horomela expedites exploration programme, expects resource estimate

By: Nadine James     6th April 2018 Aspiring base metals exploration and mining junior Horomela Mining Investment & Resources has started its exploration programmes on various licences, including its Steinkopf 22, Naroep and Aggeneys zinc licences, all in the Northern Cape. The company expects to produce an exploration results... 

Bushveld’s Lemur progressing Madagascar coal and power project

By: Marleny Arnoldi     5th April 2018 Aim-listed diversified miner Bushveld Minerals on Thursday provided an operational update regarding its coal and energy subsidiary Lemur Holdings, stating that the bankable feasibility study for the integrated thermal coal mining and independent power project, in Madagascar, is progressing.  

Bushveld’s Lemur progressing Madagascar coal and power project
Lemur Resources CEO Prince Nyati

BHP quits World Coal Association over differences in climate policies

By: Esmarie Swanepoel     5th April 2018 Mining major BHP has taken the decision to discontinue its membership of the World Coal Association (WCA), citing “material differences” in their respective climate change policies. The diversified giant also said on Thursday that the decision was also taken in light of the “narrow range of... 

BHP quits World Coal Association over differences in climate policies

Eldorado rises as Greek arbitration panel rejects State's claims

By: Henry Lazenby     4th April 2018 The TSX-listed equity of Canadian gold and base metals producer Eldorado Gold lifted off recent 52-week lows on Wednesday, after the company announced a favourable ruling by an arbitration panel in its dispute with the Greek government over its Madem Lakkos metallurgical plant. Vancouver-based... 

Eldorado rises as Greek arbitration panel rejects State's claims
Photo by Eldorado Gold
Visible mineralisation at Eldorado Gold's Skouries project, in Northern Greece

Sub-Saharan African mining sector to continue facing illegal mining challenges, regulatory risks

By: Marleny Arnoldi     3rd April 2018 Widespread illegal mining activity and rising regulatory risks are two of the biggest challenges that will face the sub-Saharan Africa mining sector in the coming months, research and analysis firm BMI Research says.  

Initial public offerings slow during Q1 as volatility keeps investors at bay

By: Henry Lazenby     2nd April 2018 Initial public offerings (IPOs) on Canadian stock exchanges took a breather during the first quarter of this year, as issuers and investors digest a slew of relevant factors such as the implications of interest rate hikes, recent US tax changes, market volatility and threats to world trade,... 

Initial public offerings slow during Q1 as volatility keeps investors at bay

Legislative amendments call for suitable PDS solutions

By: Paige Müller     30th March 2018 Educating the local mining industry on the correct application of and legislative requirements regarding pedestrian detection system (PDS) solutions is a priority, given the pending implementation of stricter safety regulations, says mine safety equipment supplier Booyco Electronics. Chapter 8 of... 

Legislative amendments call for suitable  PDS solutions
PROXIMITY DETECTION Moving machinery incidents were the cause of 12 deaths in 2017 and to date three this year

Modular buildings supplier aims to expand its African footprint

By: Melissa Zisengwe     30th March 2018 The remote locations of African mine sites represent a significant business growth opportunity for prefabricated modular buildings supplier Kwikspace, says Kwikspace sales executive Roberto Campos. 

Modular buildings  supplier aims to expand  its African footprint
MINE-SITE OFFICES The South African mining sector has been Kwikspace’s biggest customer

Preventive maintenance project for remote site facilities under way

By: Melissa Zisengwe     30th March 2018 Mass accommodation product supplier Ascot Site Solutions will provide preventative maintenance on current and future equipment at a project on a remote copper mine site, in the Democratic Republic of the Congo (DRC). 

Preventive maintenance project for remote site facilities under way
RHETT BELLAMY It is our goal to make sure clients don’t suffer through endless breakdowns

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