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Diversified Miners News

South32 ups stake in Arizona Mining

By: Esmarie Swanepoel     15th September 2017 Diversified miner South32 will acquire an additional 15-million shares in TSX-listed Arizona Mining, taking its share in the Canadian company to 19.9%. South32 in May this year acquired an initial 45-million shares, or a 15% interest in Arizona Mining for an investment of C$110.3-million. 

South African companies to seek mining opportunities in China

By: African News Agency      15th September 2017 The minister of trade and industry, Rob Davies, said on Friday that China has agreed to support South Africa and Africa’s initiatives of industrialisation and mineral beneficiation as the country embarks on a drive to better exploit its mineral resources. Davies said in a statement that that... 

Platinum body expects market to maintain balance this year

By: Mia Breytenbach     15th September 2017 The platinum market is expected to remain in fundamental balance, albeit with a small 15 000 oz deficit for this year, the World Platinum Investment Council’s (WPIC’s) latest ‘Platinum Quarterly’ report shows. The report, published earlier this month, incorporates analysis of platinum supply and... 

Platinum body expects market to maintain balance this year
Photo by Bloomberg
SECTOR STRENGTH There is continued resilience of platinum demand from the automotive sector, as well as from the platinum jewellery sector

Avalon intent to cash in on rapidly rising technology metal demand

By: Henry Lazenby     15th September 2017 A whole new world for lithium demand has aspiring technology metals firm Avalon evaluating its options to cash in on the red-hot industry, with the company patiently advancing three projects in its portfolio that will benefit from higher metals prices. Just this week, new evidence was provided... 

Avalon intent to cash in on rapidly rising technology metal demand
Photo by Reuters
Lithium-ion batteries in the manufacturing process. Demand for lithium is expected to outstrip supply from 2019 onwards

800 000 t copper output by year-end conservative estimate

By: Simone Liedtke     15th September 2017 Copper production in Zambia will reach just more than 800 000 t by the end of this year as the country is taking steps to regain its position as Africa’s leading copper producer, according to Zambia Chamber of Mines (CoM) initiative Mining for Zambia (MFZ). “This is a conservative estimate,... 

800 000 t copper output by year-end conservative estimate
DRAWING DOLLARS $12.4-billion was invested in new mining ventures in Zambia from 2000 to 2014 by just six mining companies

German companies to display digital solutions for Zambian mines

By: Simone Liedtke     15th September 2017 Nonprofit organisation, the Southern African-German Chamber of Commerce and Industry, is aiming to invite more German companies to Zambia to display digital solutions for mining and Industry 4.0, following the success of its German-Zambian Business Forum. SA-German Chamber Lusaka office head... 

German companies to display digital solutions for Zambian mines
BUSINESS FIRST The first German-Zambian Business Forum was held in Lusaka, Zambia, earlier this year to strengthen economic ties between Germany and Zambia

Reopening of mines to stabilise employment, improve tax revenues

By: Simone Liedtke     15th September 2017 Zambia Chamber of Mines, and its initiative Mining for Zambia (MFZ), is enthusiastic about the reopening of mining operations in Zambia, which it says will not only result in increased copper production but also translate into stabilised employment levels in the country and improved tax revenues... 

Reopening of mines to stabilise employment, improve tax revenues
CONTRIBUTION TO DEVELOPMENT The mining sector contributes to Zambia’s socioeconomic development through the creation of jobs and new business opportunities

Kalumbila facility will service global mining industry

     15th September 2017 By the first quarter of 2018,  a building site in Kalumbila, in North-Western province, in  Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... 

Kalumbila facility will service global mining industry
TANGIBLE EXCITEMENT There’s a tangible feeling of excitement in the air at Kalumbila with the coming of the ME Elecmetal plant

Industrial solutions provider aiming to benefit Zambia’s mines

By: Simone Liedtke     15th September 2017 Industrial solutions provider RTS Africa Engineering (RTS) states that air compressors used in the mining industry – including in Zambia – are, for the most part, well-proven, reliable pieces of equipment that can operate for years with relatively little maintenance. 

Industrial solutions provider aiming to benefit Zambia’s mines
EFFECTIVE SUPPLY The use of a spin filter is a truly effective means of feeding clean air at ambient temperatures

Hydrogen detection solutions to increase safety at Zambian mines

By: Simone Liedtke     15th September 2017 Tshwane-based industrial solutions provider RTS Africa Engineering (RTS) believes that Zambia offers a “strong and vibrant mining economy” and is currently in the process of entering the Zambian mining market to provide increased safety at mines through its hydrogen detection solutions. 

Hydrogen detection  solutions to increase safety at Zambian mines
HIGHLY VERSATILE The H2Scan Hy-Alerta 500 instrument is a “highly versatile” hand-held detection device

New bulk materials solution supplied to Kansanshi

By: Simone Liedtke     15th September 2017 Bulk materials handling solutions provider Martin Engineering introduced the company’s newest primary cleaner offering, the CleanScrape, to Zambia, following its launch at Electra Mining, which was held at the Nasrec Expo Centre, in Johannesburg, last year. The primary cleaner has been supplied... 

New bulk materials solution supplied to Kansanshi
CLEANSCRAPE The primary cleaner has been supplied to mining company First Quantum Minerals’ Kansanshi mine

Peristaltic pumps operating at Zambian mines

By: Simone Liedtke     15th September 2017 Randburg-based industrial equipment supplier Verder Pumps’ Verderflex (VF) 125 peristaltic pump is in operation at mining company Kansanshi Mining’s Zambia-based Kansanshi copper mine and is undergoing testing at two other Zambian mines, as well as mines in the Democratic Republic of Congo.... 

Peristaltic pumps operating at Zambian mines
VERDERFLEX 125 The peristaltic pump is in operation at the Kansanshi copper mine

Second Copper Cobalt Africa Conference to be held next year

     15th September 2017 Educational institution Southern African Institute of Mining and Metallurgy (SAIMM) will host the second Copper Cobalt Africa Conference at the Avani Victoria Falls Resort, in Livingstone, Zambia, in July next year. 

Second Copper Cobalt Africa Conference to  be held next year
Photo by Bloomberg
INDUSTRY REVIVAL The African Copperbelt is again experiencing a resurgence of activity following the commodity downturn of recent years

Solutions provider helping Zambia tackle mining challenges

By: Simone Liedtke     15th September 2017 The mining and mineral processing sectors present some of the most challenging production environments, as the large-scale operations are often located in harsh, remote areas, explains technical solutions provider BMG.  

Solutions provider  helping Zambia tackle mining challenges
LONG-TERM SUSTAINABILITY To ensure the long-term sustainability of a mine, it is essential to always keep operating costs down

Specialist helps Zambian mines save on maintenance costs

     15th September 2017 More and more mines in Zambia are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition-monitoring specialist WearCheck. 

Specialist helps Zambian mines save  on maintenance costs
NEIL ROBINSON Customers are able to see for themselves the savings on the bottom line that are attributable to condition monitoring

Zambian interest in heavy-duty equipment range

By: Simone Liedtke     15th September 2017 The trommel screens and apron feeders from engineering solutions developer Ireland-based MDS International (MDS) are of particular interest on the Zambian Copperbelt, states bulk materials handling equipment distributor BLT. Designed by MDS for mineral processing and recycling applications, BLT... 

Zambian interest  in heavy-duty equipment range
HIGHLY ACCURATE The MF0814T tracked material feeder has a holding capacity of up to 100 t and is designed for high discharge control accuracy

Establishing connectivity, visibility critical to economic growth

By: Simone Liedtke     15th September 2017 The mining sector remains crucial to the economic growth of many African countries, including copper-dependent Zambia, and, as such, it is important that foreign mining companies operating in these countries can improve the performance of their mining assets to ensure their continued economic... 

Establishing connectivity, visibility critical to economic growth
STEPHEN DU PREEZ Mines will be transitioning from manual to autonomous operations, with a higher reliance on digitalisation

Nitrogen generator offers Zambian mines extended tyre life

By: Simone Liedtke     15th September 2017 There are several opencast mines on the Copperbelt in Zambia using large haul trucks to transport ore from the pit for crushing and processing, and extending the life of tyres plays a significant role in cutting costs and improving production, says on-site nitrogen gas generator supplier NitraLife. 

Nitrogen generator offers Zambian mines extended tyre life
NITROGEN GENERATOR Minimal maintenance is needed to keep the NitraLife generator operating effectively

Mining industry urged to do more to prevent further fatalities in 2017

By: Ilan Solomons     15th September 2017 The recent spike in fatalities at South African mines, with the most recent occurring at Harmony Gold’s Kusasalethu mine, near Carletonville, should serve as a timely reminder to the mining industry that a significant step change in health and safety practices is needed to ensure the goal of zero... 

Mining industry urged to do more to prevent further fatalities in 2017
Photo by Creamer Media image
MTHOKOZISI ZONDI Despite the decrease in fatalities and injuries at mines in recent years, a lot more needs to be done to ensure the ending of injuries and fatalities at mines

Anglo Pacific acquires royalty interest in Brazil-based nickel/cobalt project

By: Samantha Herbst     14th September 2017 Dual-listed royalty company Anglo Pacific has entered into an agreement with UK-based Brazil Nickel to acquire a gross revenue royalty (GRR) interest for the development of the Piauí nickel/cobalt project, in north-eastern Brazil. This is in line with Anglo Pacific’s strategy to invest in... 

Chamber agrees to Minister's written undertaking

By: Martin Creamer     13th September 2017 The Chamber of Mines advises that, following an approach by legal counsel representing Mineral Resources Minister Mosebenzi Zwane, it has reached an agreement with him through his legal counsel in respect of the chamber’s urgent interdict to prevent the implementation of Mining Charter Three, as... 

Chamber agrees to Minister's written undertaking
Chamber of Mines CEO Roger Baxter

Master Drilling posts resilient interim results, continues technological innovation focus

By: Mia Breytenbach     12th September 2017 Two additional machines and the impact of favourable foreign-exchange movements have contributed to a 12.5% increase in JSE-listed drilling services provider Master Drilling’s revenue to $60.5-million for the six months ended June 30. The group added two raise-bore machines during the period... 

Master Drilling posts resilient interim results, continues technological innovation focus

Glasenberg emerges from Rosneft flip with oil deal and medal

By: Bloomberg     12th September 2017 Nine months after surprising the world with an $11-billion venture to buy a stake in Russia’s state oil company, Glencore is selling most of it and emerging from the deal with a valuable crude supply contract and political ties in Moscow burnished. The companies announced on Friday that the... 

Moody’s praises South African miners’ restructuring initiatives

By: African News Agency      12th September 2017 Moody’s Investor Relations on Tuesday praised the restructuring initiatives made by South African gold and platinum group metals (PGM) miners in a bid to protect the sustainability and profitability, saying that these were benefiting their credit profiles. In a report on Tuesday, Moody’s vice... 

Demand for quality metals amplifying – ARM 

By: Martin Creamer     11th September 2017 Global climate change mitigation is amplifying the demand for good quality, low-impurity metals, which are being rewarded with high price premiums. There is a huge drive in China towards better quality, which will eventually use less energy and cause less pollution. (Also watch attached Creamer... 

Demand for quality metals amplifying – ARM
African Rainbow Minerals CEO Mike Schmidt discusses of price premiums being paid for quality with Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer

Improving prices prompt Fortune to aim for bigger, more economic Nico development

By: Henry Lazenby     9th September 2017 With a bird in hand, Canadian project developer Fortune Minerals is considering to up the ante for its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories. The London, Ontario-based company late last month announced that its update of the 2014 feasibility study for... 

Improving prices prompt Fortune to aim for bigger, more economic Nico development
Photo by Fortune Minerals
Fortune Minerals president and CEO Robin Goad

Benefits of coarse particle flotation tech

     8th September 2017 Coarse particle flotation (CPF) technology can increase mill throughput by as much as 15% to 20% while reducing energy and media consumption, and provides a coarse tailings stream, without a loss in mineral recovery, says Canada-headquartered global flotation technology provider Eriez Flotation.  

Benefits of coarse particle flotation tech
ALMOST PERFECT As little as 1% surface expression is required for nearly complete recovery of coarse particles with the HydroFloat separator

Assore posts record headline earnings

By: Ilan Solomons     8th September 2017 Mining investment holding company Assore achieved a 199% increase in headline earnings to R5.2-billion for the financial year to June 30, compared with R1.7-billion in the previous year. Attributable earnings amounted to R5-billion, which was an improvement of 226% from 2016, which was also a... 

Assore posts record headline earnings
Photo by Assore
CHARLES WALTER Iron-ore and manganese ore prices have reflected improved global economic conditions

Myriad of opportunities in Zim’s mining sector

     8th September 2017 Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This is according to the investment promotion body Zimbabwe Investment Authority‘s Invest in Zimbabwe... 

Myriad of opportunities in Zim’s mining sector
Photo by Bloomberg
DIAMONDIFEROUS Zimbabwe has deposits of high-quality diamonds, which are in high demand on the global market

South African mining must be made globally competitive – Motsepe 

By: Martin Creamer     7th September 2017 All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination, said African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe on Thursday, when he declared the black-controlled company’s highest-ever dividend.... 

South African mining must be made globally competitive – Motsepe
All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination. Video and editing: Darlene Creamer 7.9.2017

African Rainbow Minerals dividend payout soars to record level

By: Martin Creamer     7th September 2017 Diversified mining company African Rainbow Minerals (ARM), which saw its headline earnings soar in the 12 months to June 30, has catapulted its dividend to heady heights. The 189%-higher dividend of 650 cents a share is ARM’s highest dividend to date and the eleventh consecutive yearly dividend... 

African Rainbow Minerals dividend payout soars to record level
Photo by Duane Daws
African Rainbow Minerals executive chairperson Patrice Motsepe.

New EnviroLeach process poised to transform metals extraction as we know it

By: Henry Lazenby     6th September 2017 A small Vancouver-based start-up company has created a new environment-friendly chemical process with the potential to disruptively transform metal extraction in the mining and electronic waste (e-waste) sectors, akin to the application of cyanide for gold extraction, which revolutionised the... 

New EnviroLeach process poised to transform metals extraction as we know it
EnviroLeach expects to capitalise on recovering metals from e-waste – the fastest growing portion of municipal waste expected to grow to 50-million tons by 2020

Industry lauds plans to develop Yukon infrastructure

By: Natasha Odendaal     6th September 2017 The $360-million in combined federal and territorial funding for the improvement of road access in two mineral-rich areas in central and south-eastern Yukon has been widely welcomed. Days after Canada Prime Minister Justin Trudeau and Yukon Premier Sandy Silver announced the road access... 

Teck falls most among miners on $1bn China share sale

By: Bloomberg     6th September 2017 Teck Resources dropped the most among large mining stocks after China Investment Corp unloaded nearly half its stake in Canada’s largest diversified miner. The Vancouver-based company dropped 6.7% to C$29.47 at the close in Toronto, making it the worst performer in the Bloomberg World Mining... 

Teck falls most among miners on $1bn China share sale
Teck Resources president and CEO Don Lindsay

World's richest mines slipping from hands of multinationals

By: Bloomberg     5th September 2017 Outnumbered and outflanked, Freeport-McMoRan CEO Richard Adkerson made an about-face. Only months before, Adkerson had dismissed the idea of selling a majority stake in the Phoenix-based company’s flagship Indonesian copper-and-gold mine to local investors. But, seated beside government officials... 

World's richest mines slipping from hands of multinationals

Olympic Dam’s SMA expansion delivers first ore

By: Esmarie Swanepoel     4th September 2017 Mining major BHP has produced its first ore from the high-grade underground expansion at the Southern Mining Area (SMA) of its Olympic Dam operations, in South Australia. The miner previously abandoned plans to expand its openpit operations at Olympic Dam, opting rather for an underground... 

Fatalities serve to remind industry of necessity to achieve zero harm – DMR

By: Ilan Solomons     1st September 2017 The recent spike in fatalities at South African mines, with the most recent occurring at Harmony Gold’s Kusasalethu mine, near Carletonville, should serve as a timely reminder to the mining industry that a significant step change in health and safety practices is needed to ensure the goal of zero... 

Fatalities serve to remind industry of necessity to achieve zero harm – DMR
Photo by Creamer Media
Department of Mineral Resources chief inspector of mines Mthokozisi Zondi

Service impresses, leads to ongoing work at Balama

By: Nadine James     1st September 2017 Prefabricated buildings manufacturer Kwikspace Modular Buildings expects to complete a multimillion-rand project for Mozambique mining company Twigg Exploration & Mining by the end of next month. Kwikspace CEO Shaun McCormack notes that the company first started work on Twigg’s Balama graphite... 

Service impresses, leads to ongoing work at Balama
RAISING THE ROOF Kwikspace was tasked with the supply and installation of lightweight roofing as well as fencing, and electrical and general work

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