http://www.miningweekly.com
R/€ = 15.09 Change: -0.01
R/$ = 12.33 Change: -0.01
Au 1330.96 $/oz Change: 5.21
Pt 931.00 $/oz Change: 12.16
 

Diversified Miners News

Water lab services in demand

By: Nadine James     26th January 2018 Isando-based analytical laboratory Set Point Laboratories – a subsidiary of industrial group Torre Industries – has seen an increased number of enquiries and work for its water laboratory division over the past 12 months, says Set Point senior analyst Moses Lelaka. The increased demand for the... 

African mining off course to achieve bullish growth forecasts

By: Nica Schreuder     26th January 2018 The short-term mining cycle looks positive for Africa, but the continent is “way off achieving bullish growth forecasts”, largely owing to regulatory and infrastructural constraints, advisory firm Deloitte energy and resources leader Andrew Lane tells Mining Weekly.  

African mining off  course to achieve bullish growth forecasts
EXPERT ACCESS It is important for Deloitte and its clients to engage on topical issues during the 2018 Investing in African Mining Indaba, with clients also enjoying having access to global experts

Civil engineering solutions provider secures new contracts

     26th January 2018 Civil engineering solutions provider Concor Infrastructure, formerly known as Murray & Roberts Infrastructure, is well positioned to take advantage of the recent increase in optimism in the mining space, with company representatives poised to attend the 2018 Investing in African Mining Indaba in... 

Civil engineering solutions provider secures new contracts
ERIC WISSE Concor Infrastructure secured the contract for the earthworks and civils for the box cut at Ivanhoe Mines’ Platreef mine

Exhibitor cautiously optimistic about 2018

By: Nadine James     26th January 2018 Analytical services provider African Mineral Standards (AMIS) – a subsidiary of JSE-listed industrial group Torre Industries – is a producer of mineral certified reference materials (CRMs) and has a core focus on analytical services related to mining and exploration, which they will exhibit at... 

Exhibitor cautiously optimistic about 2018
SIGNED, SEALED, DELIVERED AMIS’ offering of certified reference materials can be used for analytical method validation, calibration of analytical equipment and in procedural quality control programs in assay laboratories

Major mining software previewed at Indaba

By: Nadine James     26th January 2018 Mining software company MICROMINE will provide previews of its major product releases – Geobank 2018 and Micromine 2018 – at the Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre from February 5 to 8. The company will showcase its entire... 

Major mining software previewed at Indaba
PITRAM SOFTWARE Micromine launched a new version of Pitram in October 2017

Acacia’s gold production slumps on Tanzania export ban, downscaling

By: Mia Breytenbach     26th January 2018 While gold miner Acacia Mining’s gold production for the fourth quarter in 2017 was slightly ahead of expectations at 148 477 oz, it was 30% lower quarter-on-quarter as a result of its flagship Bulyanhulu gold mine in Tanzania having downscaled operations. The miner’s decision to reduce... 

West African gold explorer lists in Australia

By: Mia Breytenbach     26th January 2018 West African gold developer and explorer Tietto Minerals started trading on the Australian Stock Exchange earlier this month, following its successful initial public offer (IPO) that raised A$6-million from institutional and high net worth investors, including two global resources funds. The... 

West African gold explorer lists in Australia
Photo by Bloomberg
KEY FOCUS The Abujar project has a maiden Joint Ore Reserves Committee- compliant mineral resource estimate of 10.4-million tonnes at 2.1 g/t gold for 703 600 oz gold

Liviero Mining buys mobile lighting system fleet to light up opencast operations

By: Mia Breytenbach     26th January 2018 In addition to marketing its specialist range of crushing and screening products, crushing and screening specialist Pilot Crushtec International has made significant strides in the marketing of its Generac range of Tower Light mobile lighting systems, which has resulted in major mining contractor... 

Liviero Mining buys mobile lighting system fleet  to light up opencast operations
MINING ILLUMINATED Illumination from the Generac VTevo lighting towers is provided by four 290 W floodlights instead of conventional lamps

Corporation to strengthen partnerships at Indaba

By: Marleny Arnoldi     26th January 2018 State-owned financial services provider Export Credit Insurance Corporation (ECIC) is keen to deepen partnerships with South African exporters who offer their capital goods and services in international and emerging markets, including in Africa.  

Corporation to strengthen partnerships at Indaba
PAUL MOJALEFA PAUL MOJALEFA The Export Credit Insurance Corporation will exhibit to further promote and position its brand in the mining sector

Upgraded condition monitoring app launched

By: Nadine James     26th January 2018 Condition monitoring specialists WearCheck launched an updated version of their condition-monitoring application (app) last month. The app was first launched mid-2017. The app provides WearCheck customers with instantaneous mobile access to their condition-monitoring data – which provides... 

Upgraded condition monitoring app launched
NEIL ROBINSON The app is free of charge, data is highly secure and the login process uses the same password credentials as the WearCheck online system

Blasting company returns to Mining Indaba

     26th January 2018 Blasting products and solutions provider Maxam Terra Solutions will return to the Investing in African Mining Indaba, where it will exhibit its range of explosives products at the International Cape Town Convention Centre from February 5 to 8. Maxam, originally founded in 1872, as one of... 

Blasting company returns to Mining Indaba
TAILORED COMMERCIAL EXPLOSIVES SERVICES Maxam offers a comprehensive range of measurement capability and solutions to assist customers in reducing their total cost of ownership and overall risk

Mining Indaba to provide ‘first-hand experience’ of return of investor appetite

By: Nadine James     26th January 2018 With commodity prices improving and the mining industry moving towards positive growth, indications are that participants at the Investing in African Mining Indaba 2018 will experience the “return of investor appetite” first hand, says Mining Indaba MD Alex Grose.  This renewed investor interest... 

Mining Indaba to provide ‘first-hand experience’ of return of investor appetite

Anglo American delivers increased output of most products in 2017

By: Natasha Odendaal     25th January 2018 Despite removing higher-cost platinum and metallurgical coal volumes, LSE- and JSE-listed Anglo American has reported a 5% rise in total production on a copper equivalent basis in 2017. “We have delivered another strong operating performance in 2017. The 5% increase for the full year reflects our... 

Anglo American delivers increased output of most products in 2017
Photo by Duane Daws
Anglo American CEO MArk Cutifani

Congo mining code passes Senate without opposition

By: Reuters     25th January 2018 Democratic Republic of Congo's new proposed mining code, which the industry has warned will stifle investment in the copper and cobalt-rich nation, sailed through the Senate without opposition late on Wednesday. A version passed by the National Assembly - Congo's lower house of parliament - last... 

Ford complains rising metals costs hurt profits, rivals unphased

By: Reuters     24th January 2018 When Ford Motor reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control. Aluminium prices have risen 20% in the last year and nearly 11% since December 11. Steel prices... 

Goldman, Citi final bidders for Scotiabank's metals business – sources

By: Reuters     24th January 2018 The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, has narrowed to two, three banking and industry sources said on Wednesday. The two - Goldman Sachs Group and Citi - are undertaking due diligence checks, the sources said. 

Anglo American expects to get licences to expand in Brazil

By: Reuters     24th January 2018 Anglo American said on Tuesday it expects to receive long-awaited licences on Friday which will pave the way for the mining company to boost its Brazilian iron ore production capacity by about 56%. Anglo American plans to invest 1-billion reais ($308.94-million) to expand its iron ore extraction... 

Agarwal plans to keep his Anglo American stake for a long time

By: Bloomberg     23rd January 2018 Anil Agarwal, the Indian commodities billionaire, said the rally in Anglo American vindicated his personal bet in the mining group, adding that he plans to own the shares for a long time. Agarwal surprised Anglo’s management last year when he took a 21% stake in the company, becoming its top... 

Artisanal, small-scale mining explodes amid rising prices

By: Natasha Odendaal     22nd January 2018 A new report has revealed explosive growth in the number of artisanal and small-scale miners worldwide over the past two decades amid rising mineral prices and a general struggle in earning a living from agriculture. The Intergovernmental Forum (IGF) on Mining, Minerals, Metals and Sustainable... 

Bushveld Minerals upbeat about year ahead

By: Megan van Wyngaardt     22nd January 2018 Aim-listed Bushveld Minerals made “tremendous strides” during the fourth quarter of 2017, which was marked by a strong financial performance from its Bushveld Vametco operations. Supported by a strong vanadium price environment – the ferrovanadium price averaged $33/kg for the 12 months to... 

2018 minerals-focused financings off to slow start

By: Henry Lazenby     22nd January 2018 In the wake of a slow start to mineral-focused financing activity, analysts are predicting more of the same for at least the first four months of 2018. This year is also not expected to surpass 2017 in the number and value of mineral-focused financings undertaken at the market, data company... 

Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives

By: Henry Lazenby     22nd January 2018 Government policy advocacy and fostering genuine fact-based conversations among all stakeholders in the minerals exploration and mining industries are main priorities for the Association for Mineral Exploration British Columbia (AME BC) this year. "Government is increasingly getting more... 

Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives
Photo by AME BC
AME BC President & CEO Edie Thome

Bakubung Koepe rope-up procedure successfully completed

By: Victor Moolman     19th January 2018 South Africa’s first locally designed and built mobile rope-handling system, engineered for installing both head and tail ropes onto a four-rope Koepe friction winder, was successfully used at Wesizwe Platinum’s Bakubung mine in the North West. The system was designed and manufactured by the Tech... 

Envoy urges SA, Brazil to share ideas on improving mining

By: Mia Breytenbach     19th January 2018 With the mining sector having played a significant role in the history and development of South Africa and Brazil, it is “natural and appropriate” that the two countries come together to discuss and exchange ideas about how to improve the mining sector in both countries, says Ambassador of Brazil... 

Envoy urges SA, Brazil to share ideas on improving mining
Photo by Bloomberg
CONTRIBUTION OF NOTE The Brazilian mining industry contributes about 4% to the national gross domestic product with the value of mineral production amounting to about $24-billion

Nkomati mine tailings pipeline project set for completion next month

By: Mia Breytenbach     19th January 2018 Multidisciplinary engineering services provider TDS Projects Construction, in partnership with Robor Pipe Systems, has started construction of 13-km-long tailings pipeline for the Nkomati nickel mine’s Onverwacht site, in Mpumalanga. Reports from site indicate that the project is on track for... 

Nkomati mine tailings pipeline project set for completion next month
PROJECT PROGRESS All the pipes required for the project have been delivered and more than 4 500 m of piping have been installed to date

Australian junior to acquire Namibia zinc project

By: Mia Breytenbach     19th January 2018 ASX-listed Tanga Resources will acquire the high-grade Joumbira zinc project, in Namibia, and raise A$1.16-million to fund the transaction and start planned work programmes. The company entered into a binding option agreement to acquire 100% of the issued shares of Namibia-registered Coldstone... 

Australian junior to acquire Namibia zinc project
Photo by Bloomberg
GOOD TIMING Tanga Resources believes that Joumbira is a highly prospective, advanced project, in a world-class mining jurisdiction, with good timing for shareholder exposure to zinc

Regulatory uncertainty casting shadow over SA amid forecast for further minerals market uptick

By: Mia Breytenbach     19th January 2018 The South African mining industry has had a tumultuous time because of the controversial Reviewed Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, also known as Mining Charter III, which, amid lingering political uncertainty, led to low... 

Regulatory uncertainty casting shadow over SA amid forecast for further minerals market uptick

South African company building new smelter in Zimbabwe

By: Victor Moolman     19th January 2018 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

South African company building new smelter in Zimbabwe
Photo by Duane Daws
ADVANCING UNKI SMELTER Thos Begbie has completed several parts of the Unki platinum smelter being constructed in Zimbabwe

Ethical leadership, good governance and favourable policies will see mining investors flocking to SA – chamber

By: Dylan Slater     19th January 2018 The findings of a December-2017 released survey conducted by the Chamber of Mines (CoM) indicate that if South Africa’s mining industry shifts its focus to create an attractive policy, regulatory and governance environment – through ethical leadership, good governance and the adoption of... 

Up to ten midtier mineral deposits can still be discovered in South Africa – resources consultant

By: Mia Breytenbach     19th January 2018 There is no reason why South Africa cannot build an exploration and junior mining sector, says resources consultant Dr John Bristow, who notes that while the country has vestiges of this sector, it is hampered by regulatory policy, and a preoccupation with a “Sunset” mining industry. Speaking at... 

Up to ten midtier mineral deposits can still be discovered  in South Africa – resources consultant
Photo by Duane Daws
DR JOHN BRISTOW South Africa’s geological and minerals jewel box remains underexplored

BHP maintains guidance for most commodities, targets 6% volume growth

By: Dylan Slater     18th January 2018 Multinational miner BHP on Thursday kept its full-year production guidance unchanged for all commodities, except metallurgical coal, and said that it would achieve 6% volume growth in the 2018 financial year.  

BHP maintains guidance for most commodities, targets 6% volume growth
The Escondida mine in Chile delivered higher volumes in the December half year.

BHP second-quarter iron-ore output up 3%, maintains forecast

By: Reuters     18th January 2018 Global miner BHP on Thursday reported a 3% rise in second-quarter iron-ore production year over year and said it expects to meet its full-year target as prices for the steelmaking ingredient outperform forecasts. BHP's iron-ore output climbed to 72-million tonnes for the three months ended... 

BHP second-quarter iron-ore output up 3%, maintains forecast

Canadian miners welcome new federal business ethics ombudsman

By: Henry Lazenby     18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... 

Canadian miners welcome new federal business ethics ombudsman

Vale could be 'natural' owner for Samarco, in talks with BHP

By: Reuters     17th January 2018 Brazil's Vale is in talks with BHP Billiton on options for their joint venture Samarco, and it may be easier for Vale to resolve that miner's problems as sole owner, a director of the Brazilian mining company said on Wednesday. "Maybe Vale would be a natural owner of Samarco, maybe it could make... 

DRA expands Asia-Pacific footprint

By: Martin Creamer     17th January 2018 Global engineering, project delivery, contract operations specialist and asset management group DRA’s acquisition of Perth-based Minnovo expands its Australian footprint and adds depth to its metallurgical, engineering, procurement, project management, construction and commissioning capabilities... 

DRA expands Asia-Pacific footprint
Photo by Duane Daws
DRA CEO Wray Carvelas

South32 boasts record manganese, aluminium production in December quarter

By: Megan van Wyngaardt     17th January 2018 Triple-listed diversified miner South32 on Wednesday reported that, while it had achieved its guidance for all its operations during the three months to December 31, its South African manganese operations, in particular, exceeded expectations, owing to strong market demand. Saleable ore... 

South32 boasts record manganese, aluminium production in December quarter
Photo by Bloomberg
South32 CEO Graham Kerr

NextSource soars on Japanese approval of registered SuperFlake product trademark

By: Henry Lazenby     17th January 2018 The TSX-listed equity of one of the graphite industry’s best kept secrets, NextSource Materials, has recorded significant gains on Tuesday following a company announcement that Japan has approved the company’s registration of ‘SuperFlake’ graphite as a trademark in the country. The registration... 

NextSource soars on Japanese approval of registered SuperFlake product trademark
Photo by NextSource Materials
A representation of how NextSource Materials' Madagascar-based Molo modular plant will look like

Miners bolster senior ranks in preparation for fast-paced 2018

By: Henry Lazenby     16th January 2018 Several Canadian listed miners reported senior management changes on Tuesday. Marine mining hopeful Nautilus Minerals announced Tuesday that Tariq Al Barwani has been appointed to the role of nonexecutive chairperson. Al Barwani joined the board in May 2016. He is a director and shareholder of MB... 

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close