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Latest News

Nornickel exec says in talks with battery makers on investments, cooperation

By: Reuters     18th April 2018 Russia's Norilsk Nickel, or Nornickel, is in talks with battery makers over possible investment in its mining assets, but is also interested in downstream joint ventures in return, a company executive said on Wednesday. "We might be interested in having some deeper cooperation, say on the... 

BHP to produce nickel sulphate next year, eyeing cobalt on battery boom

By: Reuters     18th April 2018 BHP Billiton is expanding its business as a supplier of battery minerals at its nickel refinery in Western Australia, planning to start producing nickel sulphate next year and looking at cobalt output as well, a company executive said. Cobalt and nickel are both critical ingredients for lithium... 

Another hydrogen boost for platinum fuel cells

By: Simone Liedtke     18th April 2018 The introduction of platinum-using fuel cells has received another boost with the latest success in hydrogen compression announced by Anglo American Platinum (Amplats) on Wednesday.   Last week, Amplats revealed plans for a fuel cell dozer, which makes use of hydrogen in liquid, to make a 2019... 

Another hydrogen boost for platinum fuel cells
Photo by Creamer Media
Amplats PGM investment programme CEO Andrew Hinkly

Australia to amend $3.9bn infrastructure fund in bid to develop country's north

By: Reuters     18th April 2018 Australia will amend the guidelines for a A$5-billion ($3.9-billion) fund that offers loans to build infrastructure in the country's north so it can offer greater support to a broader range of projects, a government minister said on Wednesday. The changes will aid a bid to develop Australia's... 

Dalgaranga still tracking ahead of schedule

By: Esmarie Swanepoel     18th April 2018 The Dalgaranga gold project, in Western Australia, remains one month ahead of schedule, ASX-listed Gascoyne Resources told shareholders, with the project due to start gold production in May. Gascoyne told shareholders on Wednesday that process plant construction at Dalgaranga was 98% complete,... 

Awak Mas gets maiden reserve

By: Esmarie Swanepoel     18th April 2018 Junior gold developer Nusantara Resources has reported a maiden ore reserve of one-million ounces at its Awak Mas gold project, in Indonesia. “Our maiden ore reserve represents a significant milestone for the company and now places Nusantara among an elite group of ASX-listed gold development... 

Lithium Australia recommissions VSPC plant

By: Esmarie Swanepoel     18th April 2018 ASX-listed Lithium Australia is recommissioning the cathode powder plant acquired through its recent takeover of technology company VSPC. The VSPC facility, which consists of a two- to four-tonne a year pilot plant, incorporates an integrated laboratory, coin-cell production facility and battery... 

Polymetal’s new mine slightly ahead of schedule, Q1 output up

By: Mariaan Webb     18th April 2018 Construction activities at the new Kyzyl mine, which LSE-listed Polymetal is building in Kazakhstan, are slightly ahead of schedule, with commissioning brought forward by a couple of weeks. Dry commissioning of the processing plant would start on June 1, followed by first concentrate production... 

Polymetal’s new mine slightly ahead of schedule, Q1 output up
First concentrate is expected from the Kyzyl mine on August 1.

Base production declines as KP2 readies

By: Esmarie Swanepoel     18th April 2018 Mineral sands producer Base Resources has reported a slight decline in production for the March quarter, as a month-long mining and wet concentrator plant shut-down was initiated at its Kwale operations, in Kenya. The shut-down was part of the final equipment installation and piping tie-ins for... 

Korab to sell projects as it accelerates Winchester

By: Esmarie Swanepoel     18th April 2018 ASX-listed Korab Resources has announced plans to fast track the development of the Winchester magnesium carbonate deposit, in the Northern Territory, with the company to divest of some of its other assets. Korab in March this year announced a review of its Western Australian and Ukrainian... 

Woodside plans Pluto LNG expansion

By: Esmarie Swanepoel     18th April 2018 Australian oil and gas major Woodside Petroleum has flagged plans to accelerate the development of the Scarborough gas field through an expansion of the Pluto liquefied natural gas (LNG) project. Woodside in March acquired ExxonMobil’s interest in the Scarborough gas field, taking its interest... 

Rio Tinto lifts iron, bauxite and copper output, warns sanctions could impact aluminium

By: Esmarie Swanepoel     18th April 2018 Diversified giant Rio Tinto has reported production increases at its iron-ore, bauxite and copper divisions, while warning shareholders that US sanctions against Russian companies could impact aluminium production in 2018. “We delivered a solid operational performance across most commodities in... 

Rio Tinto lifts iron, bauxite and copper output, warns sanctions could impact aluminium
Photo by Bloomberg
Rio CEO Jean Sebastian Jacuqes

Russia sanctions throw aluminium supply chain into chaos

By: Bloomberg     18th April 2018 The US sanctions on United Co. Rusal that have sent aluminium prices surging should be great news for rival producers like Rio Tinto Group. Spoiler alert: they’re not. 

Unpacking this week's mining headlines 

     18th April 2018 Mining Weekly Editor Martin Creamer unpacks this week's mining headlines: Glencore’s sustainability report, South Africa’s potential role in the Congo potash project and the debut of a game-changing fuel cell dozer. 

Unpacking this week's mining headlines
Unpacking this week's mining headlines

Rio Tinto flags changes to 2018 aluminium output after US sanctions

By: Reuters     18th April 2018 Global miner Rio Tinto on Wednesday flagged possible changes to its 2018 aluminium output following US sanctions on its Russian partner Rusal earlier this month. Rio, which reported a 5% rise in first-quarter iron ore shipments in the March quarter, has declared force majeure on some customer... 

Rio Tinto flags changes to 2018 aluminium output after US sanctions

US Commerce Dept finds aluminium sheet imports from China subsidized – US trade group

By: Reuters     18th April 2018 The US Commerce Department on Tuesday made a preliminary determination that aluminium sheet imports from China benefit from unfair subsidies, the aluminium Association said. The Commerce Department calculated preliminary subsidy margins ranging from 31.20 to 113.30 percent of the value of the... 

Northcliff hopeful of ‘timely conclusion’ of Sisson permitting

By: Henry Lazenby     18th April 2018 Project developer Northcliff Resources is hopeful for a timely conclusion of the amendment process of the applicable metal mining effluent regulations, in consultation with all stakeholders and led by Environment Canada and Climate Change, for its Sisson tungsten/molybdenum mine, in New... 

Callinex lifts Nash Creek resources in New Brunswick’s Bathurst Camp

By: Henry Lazenby     17th April 2018 Base metals-focused Callinex Mines has reported a substantial resource increase at the near-surface Nash Creek deposit, in New Brunswick’s Bathurst Mining Camp. The Canadian National Instrument 43-101-compliant indicated resource rose 74% over prior estimates to 963-million pounds of zinc... 

Crusader appoints new chairperson as it starts trading on Aim

By: Mariaan Webb     17th April 2018 Brazil-focused Crusader Resources on Tuesday announced the appointment of Andrew Vickerman as nonexecutive chairperson, following the company’s successful listing on the London Stock Exchange. Crusader’s issued share capital was admitted to trading on the Aim market on Monday, following the... 

Maiden resource announced at Connemara’s Stonepark JV

By: Creamer Media Reporter      17th April 2018 Irish gold and zinc explorer Connemara Mining has announced a maiden inferred resource estimate at its Stonepark zinc project, in Limerick. The joint venture (JV) project between Group Eleven (76.56%) and Connemara (23.44%) has a mineral resource estimate of 5.3-million tonnes, grading 11.15%... 

Jubilee sets new operational record

By: Simone Liedtke     17th April 2018 Jubilee Metals set a new operational record when it produced 1 858 oz of platinum-group metals (PGMs), in March, while its unit cost reached a low of $434/oz for the first quarter ended March 31. “I am very pleased with the continued operational improvements at our Hernic operations. I expect the... 

Tertiary says Swedish project to have ‘minimal impact’ on reindeer herding

By: Mariaan Webb     17th April 2018 The Storuman fluorspar project that UK-headquartered Tertiary Minerals is proposing in north-central Sweden will have a “minimal impact” on reindeer husbandry, an in-depth analysis of reindeer herding has shown. As part of the mine permit reassessment process of the Storuman project, Tertiary... 

Nanoclay technology being developed as possible means to treat AMD

By: Anine Kilian     17th April 2018 The Council for Scientific and Industrial Research (CSIR) is developing low-cost polymer-based adsorbents for the removal of toxic pollutants such as heavy metals, anions and organics, from wastewater, that could be applied in the treatment of acid mine drainage (AMD). AMD is the outflow of... 

Pallinghurst delivers satisfactory FY17 performance

By: Natasha Odendaal     17th April 2018 Dual-listed Pallinghurst Resources has concluded what it called a “transformational year”, after successfully transitioning into an evergreen operating mining company during the year ended December 31, 2017. The group, which is listed on the JSE and the Bermuda Stock Exchange, on Tuesday posted... 

Pallinghurst delivers satisfactory FY17 performance
Photo by Creamer Media
Pallinghurst CEO Arne Frandsen

Polyus says no change to business after US sanctions list

By: Reuters     17th April 2018 Polyus said on Tuesday that the inclusion on a US sanctions list of a member of the family that controls Russia's biggest gold producer would not lead to changes in the way the company conducted its business. Suleiman Kerimov was among several Russian tycoons targeted by a new list of US sanctions. 

RBPlat lifts Q1 platinum production 13% y/y

By: Marleny Arnoldi     17th April 2018 JSE-listed Royal Bafokeng Platinum (RBPlat) achieved a 12.2% year-on-year increase in platinum, palladium, rhodium and gold (4E) platinum group metals production to 81 100 oz in the quarter ended March 31. Total tonnes delivered to concentrators increased by 1.9% to 735 000 t, with the Bafokeng... 

Jupiter mines to list on ASX; Tshipi increases FY18 net profit

By: Marleny Arnoldi     17th April 2018 Jupiter Mines, which owns a 49.9% interest in Tshipi é Ntle Manganese Mining, will list on the ASX on Wednesday, with the company’s board and management to ring the ASX bell in Sydney to formally start trading.  

W Resources plans to spin off or sell copper and gold assets

By: Mariaan Webb     17th April 2018 European mining project developer W Resources is considering spinning off or selling its copper and gold projects, as it increasingly focuses on its tungsten assets in Spain and Portugal. The company, which is advancing the La Parrilla tungsten mine in Spain, owns the São Martinho,... 

Beowulf inks graphite collaboration deal with Finnish university

By: Creamer Media Reporter      17th April 2018 Aim-listed Beowulf has signed a graphite collaboration agreement with Åbo Akademi University, formalising an agreement that the company has forged with the university, in Turku, Finland, over several years. The agreement is focused on knowledge sharing, the identification of graphite prospects,... 

Polyus reports Q1 production, sales results

By: Mariaan Webb     17th April 2018 Russia’s largest gold miner Polyus has confirmed its 2018 full-year production guidance of 2.375-million to 2.425-million ounces, after reporting first-quarter production of 506 500 oz. The March-quarter performance is a 13% increase on production in the corresponding period of 2017, when output... 

Polyus reports Q1 production, sales results
Polyus CEO Pavel Grachev

Eskom says facing coal shortages at seven power plants

By: Reuters     17th April 2018 South African power utility Eskom, which is battling to recover from a financial and leadership crisis, said on Tuesday that it was facing coal shortages at seven power stations. Eskom supplies around 95% of South Africa's electricity, predominantly by burning coal. The state-owned utility has... 

Eskom says facing coal shortages at seven power plants

Giyani Metals identifies prospective manganese mineralisation locations in Botswana

By: Marleny Arnoldi     17th April 2018 TSX-listed junior exploration company Giyani Metals Corporation is progressing Phase 1 of its 2018 operational programme in Botswana.  

Highland Gold profit up 37% to $66m

By: Mariaan Webb     17th April 2018 London-listed company Highland Gold on Tuesday posted a 37% increase in its net profit for 2017, as above-guidance production boosted revenue, costs were controlled and no impairment losses were reported. The company, which mines in the Khabarovsk, Chita and Chukotka regions of Russia,... 

Mustang discovers new deposit at Montepuez

By: Esmarie Swanepoel     17th April 2018 Ruby miner Mustang Resources has reported the discovery of a significant new ruby deposit at its Montepuez project, in Mozambique. The ASX-listed company on Tuesday told shareholders that the new ruby-bearing gravels were discovered some 3.5 km directly south-west from Mustang’s 200 t/h... 

Galena raises A$9m for Abra advancement

By: Esmarie Swanepoel     17th April 2018 Junior Galena Mining will raise A$9-million through an oversubscribed share placement to new and existing shareholders. Around 58-million new shares will be issued at a price of 15.5c each, with the funds used to advance the Abra lead/silver project, in Western Australia. 

IronRidge to start drilling at Ghana lithium deposit

By: Marleny Arnoldi     17th April 2018 Aim-listed IronRidge Resource has received the necessary approvals and earthworks have started for drill access and drill pads over its Ewoyaa pegmatite deposit, in Ghana.  

Missing $15bn diamond revenue – 'It's all lies,' says Mugabe

By: News24Wire      17th April 2018 Zimbabwe's former president Robert Mugabe has retracted his remarks over the alleged missing $15-billion diamond revenue amid investigations by the national assembly, according to a report. In a claim that's coming back to haunt him, the former Zimbabwe strongman said in 2016 that $15-billion... 

De Beers earns $520m in third sales cycle

By: Marleny Arnoldi     17th April 2018 Diamond miner De Beers’ global sightholder and auction sales earned the company $520-million in the third sales cycle of this year.  

De Beers earns $520m in third sales cycle
De Beers CEO Bruce Cleaver

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