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Mineral Sands News
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
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... →
Base increases Kwale production
By: Esmarie Iannucci 25th July 2018 Mineral sands miner Base Resources has reported increased ilmenite, rutile and zircon production from its Kwale project, in Kenya, following the successful ramp-up of mining operations post the commissioning of the Kwale Phase 2 (KP2) optimisation project. →
Kenmare Q2 production in line with expectations, reduces debt
By: Simone Liedtke 17th July 2018 LSE-listed mineral sands producer Kenmare Resources produced 377 900 t of heavy mineral concentrate (HMC) in the second quarter ended June 30, a 5% increase on the 359 200 t produced in the first quarter of the year, in line with expectations. Ilmenite production for the second quarter was 238... →
Rio says workers return at South Africa's Richards Bay Minerals
By: Bloomberg 16th July 2018 Rio Tinto’s Richards Bay Minerals in South Africa said workers are reporting for duty after violence and protests that started more than a week ago shut the operations. “Following a significant improvement in the security situation, employees are returning to work today and we will safely ramp up... →
Bluejay's Dundas may be attractive to Rio Tinto – analysts
By: Mariaan Webb 12th July 2018 The closure of Rio Tinto's South African subsidiary Richards Bay Minerals (RBM) as a result of violent protests this week, may play into the hand of London- and Frankfurt-listed Bluejay Mining, which is developing the Dundas ilmenite project, in Greenland. The project is said to be the... →
Eramet to replace MDL board after gaining major share
By: Esmarie Iannucci 11th July 2018 French firm Eramet has extended the takeover offer period for its joint venture (JV) partner Mineral Deposits (MDL) until July 24, flaunting a 63.87% interest in the ASX-listed company. The directors of MDL this week unanimously recommended the revised takeover offer from Eramet, after the... →
Rio Tinto says minerals sands operation in South Africa shut by protests
By: Reuters 11th July 2018 A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the company and a union said on Wednesday. Community unrest is a common feature of South Africa's social... →
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