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Mineral Sands News

Mantashe to engage Amadiba Crisis Committee around Xolobeni mine

By: Marleny Arnoldi     15th November 2018 Mineral Resources Minister Gwede Mantashe will, on Saturday, host a meeting, in Mbizana, in the Eastern Cape, with the Amadiba Crisis Committee and its legal representatives to discuss the Xolobeni matter. During a previous engagement with the Minister, Amadiba made a presentation against... 

Major milestones struck at Thunderbird

By: Esmarie Iannucci     12th November 2018 Mineral sands developer Sheffield Resources has awarded a A$336-million fixed-price, lump sum engineering, procurement and construction (EPC) contract to fellow-listed GR Engineering to design and construct its Thunderbird mineral processing plant, as well as the supporting infrastructure, in... 

Chinese heavy mineral sands project in Mozambique will soon start production

By: Rebecca Campbell     9th November 2018 The start of the exploitation of heavy mineral sands in the Chibuto district, in Mozambique’s south-western province of Gaza, was now a certainty, Mineral Resources and Energy Provincial Director Castro Elias told the Mozambican news agency AIM at the end of last month. It would, he added,... 

Strandline raises funds for project advancement

By: Esmarie Iannucci     6th November 2018 Mineral sands developer Strandline Resources will raise A$3-million through a share placement to institutional and sophisticated investors to fund its Fungoni project, in Tanzania, and complete a definitive feasibility study (DFS) for its Coburn project, in Western Australia. The company on... 

Fungoni economics improve on updated DFS

By: Esmarie Iannucci     1st November 2018 An updated definitive feasibility study (DFS) into the Fungoni heavy mineral sands project, in Tanzania, has improved project economics. ASX-listed Strandline Resources on Thursday reported that the updated DFS estimated a pre-tax net present value of $48.7-million, up from the initial estimate... 

Sierra Rutile resumes operations

By: Esmarie Iannucci     31st October 2018 Mineral sands miner Iluka Resources has restarted mining operations at its Sierra Rutile project, in Sierra Leone, following illegal strike actions at the operation. Iluka told shareholders that that the company had engaged with the United Mineworkers’ Union and the government of Sierra Leone,... 

Sierra Rutile resumes operations

By: Esmarie Iannucci     31st October 2018 Mineral sands miner Iluka Resources has restarted mining operations at its Sierra Rutile project, in Sierra Leone, following illegal strike actions at the operation. Iluka told shareholders that that the company had engaged with the United Mineworkers’ Union and the government of Sierra Leone,... 

Pathfinder raises £150k

By: Creamer Media Reporter      23rd October 2018 London-listed Pathfinder Minerals, which seeks to mine heavy mineral sands in Mozambique, has conditionally raised £150 000 through a share subscription with new and existing investors, including nonexecutive cochairperson Simon Farrell and CEO Scott Brown. The proceeds from the subscription... 

Strike halts mining at Iluka's Sierra Leone operations

By: Esmarie Iannucci     23rd October 2018 Mineral sands miner Iluka has been forced to temporarily suspend mining operations at its Siera Rutile operations, in Sierra Leone, following a strike at the operation. The ASX-listed company reported on Tuesday that the unlawful strike action had been peaceful, but the decision was taken to... 

GR Engineering wins Fungoni EPC contract

By: Esmarie Iannucci     22nd October 2018 ASX-listed junior Strandline Resources has awarded fellow-listed GR Engineering Services the engineering, procurement and construction (EPC) contract for the Fungoni mineral sands project, in Tanzania. The EPC contract, valued at $17.6-million, will cover a two-million-tonne-a-year processing... 

Kwale expansion delivering results for Base

By: Esmarie Iannucci     18th October 2018 Minerals sands miner Base Resources has reported a 35% increase in mined tonnes during the three months to September, following the successful implementation of the Kwale Phase 2 mine optimisation project, at its operation in Kenya. The Kwale project produced a record 25 125 t of rutile and 9 683... 

Kenmare to declare maiden dividend for H1 2019; reports strong Q3 ilmenite, zircon production  

By: Marleny Arnoldi     16th October 2018 LSE-listed mineral sands producer Kenmare Resources on Tuesday announced its dividend policy, a watershed moment for the company, with dividends to be based on a minimum of 20% of profits after tax. Kenmare will start with an interim dividend for the first half of 2019, which will be paid in the... 

Kenmare to declare maiden dividend for H1 2019; reports strong Q3 ilmenite, zircon production
Kenmare MD Michael Carvill

Strandline to decide Coburn fate in 2019

By: Esmarie Iannucci     16th October 2018 Mineral sands developer Strandline Resources is expecting to take a development decision on its Coburn project, in Western Australian, during the first half of 2019, with the project potentially starting production by the second half of 2020. Strandline is in the midst of conducting a definitive... 

Potential to expand mineral sands project

12th October 2018 The latest drilling results from Australian mineral exploration and development company Strandline Resources show there is significant potential to expand its 100% owned Tanga South Tajiri mineral sands project in Tanzania. The reconnaissance drilling returned multiple intersections of high-grade... 

Potential to expand  mineral sands project
LUKE GRAHAM The latest drilling results will strengthen the economic outlook of Tajiri

Encouraging results from maiden drill

12th October 2018 The assay results from Australian mineral exploration and development company Strandline Resources maiden air-core (AC) drill programme and the second round of auger drilling at the Bagamoyo (BG) mineral sands project in Tanzania have provided the company with encouraging results. The BG-2... 

Encouraging results  from maiden drill
MINERAL RICH The Bagamoyo project is rich in various minerals, including zircon

Plea for govt to awaken to massive economic potential of mining  

By: Martin Creamer     10th October 2018 A plea for the government to awaken to the massive real potential of the South African mining sector was made on Wednesday by Eunomix CEO Claude Baissac, who decried the disincentivising of South African mining over the past 20 years as an inexplicable paradox and a massive mineral policy... 

Plea for govt to awaken to massive economic potential of mining
Eunomix CEO Claude Baissac talks to Mining Weekly Online’s Martin Creamer on South Africa’s massive mining opportunity loss. Video, Video Editing and Photographs: Christo Greyling.

Strandline signs another offtake agreement

By: Esmarie Iannucci     3rd October 2018 Mineral sands developer Strandline Resources has signed an offtake agreement with commodity trader Industrial Minerals and Metals (IMMCO) covering all the rutile to be produced at its Fungoni project, in Tanzania. The sale price for the rutile is based on the prevailing US-dollar market price... 

Uganda to join transparency programme as it seeks mining investors

By: Bloomberg     2nd October 2018 Uganda plans to join a program aimed at rooting out corruption in resource industries as the East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.” The Cabinet has already endorsed the plan to join the Extractive Industries Transparency Initiative... 

Lynas calls for transparency in rumored Malaysia review

By: Esmarie Iannucci     2nd October 2018 Mineral sands miner Lynas has written an open letter to the Malaysian government calling for transparency and fairness in a potential review of the company’s plant. Local media reports in Malaysia have been speculating about a review of the Lynas refinery, with a long-time anti-Lynas campaigner... 

Western Australia mineral sands project now fully permitted

By: Creamer Media Reporter      28th September 2018 ASX-listed Sheffield Resources ended the week on a high note with the announcement that its Thunderbird mineral sands project, in Western Australia, is now fully permitted for development. The Australian government’s Department of the Environment and Energy has granted environmental approval for... 

Western Australia mineral sands project now fully permitted

Final Dundas PFS delayed to next year – Bluejay

By: Mariaan Webb     27th September 2018 London- and Frankfurt-listed Bluejay Mining has delayed the release of a prefeasibility study (PFS) for the significant Dundas ilmenite project, in Greenland, to the first quarter of next year, but chairperson Mike Hutchinson believes it will be worth the wait. The final Dundas PFS will be... 

Damage to West Coast beaches from mining can be kept to 'acceptable' levels, say consultants

By: News24Wire      26th September 2018 Consultants employed by Australian company Mineral Sands Resources (MSR) have acknowledged that the massive expansion of mining for mineral sands on 10 West Coast beaches north of the Olifants River estuary will cause unavoidable environmental damage, but claim that the damage can be reduced to... 

Savannah applies for new mining lease in Mozambique

By: Mariaan Webb     21st September 2018 London- and Frankfurt-listed Savannah Resources has lodged the last outstanding mining lease application for the Mutumba heavy mineral sands joint venture project with Rio Tinto, the company said on Friday, while also announcing its half-year results. The application has been submitted by... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Ramaphosa moves to revitalise mining, create certainty
President Cyril Ramaphosa

NAIF approves A$95m loan for Sheffield’s Thunderbird

By: Mariaan Webb     19th September 2018 The Northern Australia Infrastructure Facility (NAIF) is backing the Thunderbird mineral sands project, in the Kimberley region of Western Australia, through a A$95-million loan, ASX-listed Sheffield Resources announced on Wednesday. The NAIF loan comprises a A$30-million project development... 

Moz rail, port project stimulated by heavy mineral sands development

By: Rebecca Campbell     14th September 2018 The Mozambican daily newspaper “Notícias” has reported that the proposed Chongoene Logistics Corridor project, which would benefit the heavy mineral sands project at Chibuto in the country’s Gaza province, is now being investigated by a partnership that includes the China Railways International... 

Metallica and Melior merger creates diversified Qld mining firm

By: Mariaan Webb     13th September 2018 Brisbane-based resources firms Metallica Minerals and Melior Resources on Thursday announced a binding merger agreement, creating a diversified Queensland mining company with near-term production potential and a pipeline of future growth opportunities. The merger will combine mineral sands and... 

Metallica and Melior merger creates diversified Qld mining firm
The merged entity will own the near-production Goondicum project, in north Queensland.

Bluejay strengthens Dundas team with GM appointment

By: Creamer Media Reporter      5th September 2018 Danish geologist Dr Bo Stensgaard has joined Bluejay Mining to strengthen the existing team focusing on delivering the world’s highest-grade ilmenite project – Dundas, in Greenland. Stensgard has been appointed GM of Bluejay in a nonboard role, but will serve on the subsidiary boards as... 

Congo's biggest coltan miner resumes purchases after output halt

By: Bloomberg     5th September 2018 Societe Miniere de Bisunzu, the Democratic Republic of Congo’s biggest coltan miner, resumed purchases of the ore after a three-month shutdown at one of the country’s largest deposits. Output restarted at SMB’s mining permit, comprising seven sites at Rubaya in east Congo, on August 14 and the... 

India restricts private mineral sands exports

By: Ajoy K Das     31st August 2018 In a bid to stop illegal mineral sand exports from the country, the Indian government has decided to canalise all exports of such minerals through State-run Indian Rare Earths Limited (IREL), effectively banning all private mineral sand miners from making overseas shipments. Canalising exports... 

Strandline gets its licence in Tanzania

By: Esmarie Iannucci     31st August 2018 ASX-listed Strandline Resources has been awarded a mining license for its Fungoni heavy mineral sands project, in Tanzania. MD Luke Graham said on Friday that securing the mining license was a crucial step in the company’s strategy to build a significant, low-cost mineral sands business. 

Base hoping for Kwale-size operation at Toliara

By: Esmarie Iannucci     30th August 2018 Mineral sands producer Base Resources was hoping to develop its Toliara sands project, in Madagascar, into a similar size operation as its Kwale mineral sands project, in Kenya. “It has to be strategically relevant, and it won’t make sense to us if the operation is smaller than Kwale,” Base MD... 

Record revenue, strong profit growth for mineral sands miner Base

By: Esmarie Iannucci     27th August 2018 Mineral sands miner Base Resources has reported record revenue and net profit after tax for the 2018 financial year, on the back of increased prices and consistent sales volumes. ASX-listed Base on Monday said that revenue increased by 22% to $198.8-million and that net profit after tax was up... 

Higher mineral sands prices underpin Kenmare’s strong interim performance

By: Simone Liedtke     20th August 2018 LSE-listed Kenmare Resources achieved strong financial results for the six months to June 30, with the titanium and zircon producer having generated $48.4-million in operating cash flow through the shipment of 589 t at increased prices. The miner further recorded a 37% increase in revenue, as a... 

Higher mineral sands prices underpin Kenmare’s strong interim performance
Kenmare Resources MD Michael Carvill

Iluka's H1 earnings surge

By: Esmarie Iannucci     16th August 2018 Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in the interim period, compared with the A$154.6-million in the previous... 

Resources investor Ian Henderson joins Bluejay board

By: Creamer Media Reporter      15th August 2018 Aim- and FSE-listed Bluejay Mining has appointed well-known resource investor, Ian Henderson, as a nonexecutive director with immediate effect. The appointment is designed to promote Bluejay and its flagship Dundas ilmenite project, in Greenland, to the international mining investment industry,... 

Boonanarring on track and budget - Image

By: Esmarie Iannucci     14th August 2018 Commissioning and first production from the Boonanarring mineral sands project, in Western Australia, remained on track for the fourth quarter of this year, owner Image Resources said. The company on Tuesday said that construction of the opencut mine started in April, with the exposure of first... 

Sheffield ticks another Thunderbird box

By: Esmarie Iannucci     13th August 2018 The Thunderbird mineral sands project, in Western Australia, has been granted environmental approval from the state’s Environment Minister Stephen Dawson. Project owner Sheffield Resources said on Monday that following the completion of the state environmental approvals process, the final steps... 

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