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Mineral Sands News
Bluejay targets 100Mt resource at Greenland prospect
By: Creamer Media Reporter 22nd May 2018 Aim-listed Bluejay is gearing up for an exploration programme to get under way at the Iterlak discovery, which forms part of its Dundas ilmenite project, in Greenland. Bluejay has set itself a target of delivering a maiden resource at Iterlak of more than 100-million tonnes of material at an... →
Sheffield secures port allocation for Thunderbird
By: Esmarie Swanepoel 16th May 2018 Mineral sands developer Sheffield Resources has signed a port access agreement with the Shire of Derby-West Kimberly, allowing the company access to a bulk handling facility and infrastructure at the port of Derby. Sheffield is hoping to export its mineral sands project from the Thunderbird... →
Boonanarring fully funded - Image
By: Esmarie Swanepoel 11th May 2018 The Boonanarring mineral sands project, in Western Australia, is poised for development after ASX-listed Image Resources satisfied all conditions precedent for the drawdown of a A$50-million loan facility. The loan funds will be drawn down in a single tranche for the full amount, on or before... →
Strandline finds buyer for Fungoni ilmenite
By: Esmarie Swanepoel 2nd May 2018 ASX-listed Strandline Resources has signed a binding sales contract with China’s Maoming Ubridge Group Mineral Industry Company for all the ilmenite to be produced at its Fungoni project, in Tanzania, over the life of the project. MD Luke Graham said on Tuesday that establishing this strategic... →
Eramet launches A$291m takeover offer for MDL
By: Esmarie Swanepoel 27th April 2018 Base metals producer Eramet has launched an off market takeover offer for joint venture (JV) partner Mineral Deposits Limited (MDL). Eramet, which holds a 50% interest in the TiZir titanium and iron JV, in Norway, was offering MDL shareholders A$1.46 a share in cash for their holding in the... →
N American oil & gas, mining sectors released a third of total 2013 pollution – report
By: Henry Lazenby 25th April 2018 A new report that fine-combed the national pollutant release and transfer registers (PRTRs) of Canada, the US and Mexico to explore pollutant data reported by industrial facilities, has pointed to the critical need to standardise the way information is collected across the three jurisdictions,... →
Iluka faces class action suit over 2012 disclosures
By: Esmarie Swanepoel 24th April 2018 Mineral sands miner Iluka on Tuesday said that it would defend itself against a class action launched by shareholders. The company said that a number of shareholders have launched a class action in the Federal Court of Australia, claiming breaches of continuous disclosure obligations, as well... →
Fivefold resource increase at Bluejay’s Dundas project
By: Creamer Media Reporter 23rd April 2018 The mineral resource estimate of the Dundas project in Greenland has increased by 400% to 96-million tonnes at 6.9% ilmenite. Bluejay reported on Monday that the indicated resource at Moriusaq was estimated to be 81-million tonnes at 6.1% ilmenite. →
Iluka increases output and revenue
By: Esmarie Swanepoel 19th April 2018 Mineral sands miner Iluka has reported increased in both production and revenue for the three months to March. The company on Thursday reported that total zircon, rutile and synthetic rutile production increased by 8% during the quarter, compared with the December quarter, to 182 000 t. →
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... →
First ‘Resources for Future Generations’ conference to be held in Vancouver
By: Henry Lazenby 13th April 2018 The Resources for Future Generations conference (RFG2018) is scheduled to make its debut on the Canadian resource conference circuit between June 16 and 21, in Vancouver, and is shaping up to be an event unlike the myriad of competing forums held in Canada throughout the year. RFG2018 chairperson... →
RFG2018 chairperson John Thompson
Savannah to incentivise senior management as it expedites mining projects
By: Marleny Arnoldi 13th April 2018 Aim-listed resource development company Savannah Resources has implemented a long-term incentive plan (LTIP) to incentivise executive directors and certain senior management as the company continues to expedite its projects to tap into the growing market for energy metals. →
Kenmare maintains FY18 guidance, despite lower Q1 output
By: Marleny Arnoldi 11th April 2018 Titanium and zircon producer Kenmare Resources still expects to meet the mid-range of its 2018 full-year production guidance, despite a 12% year-on-year decrease in heavy minerals concentrate (HMC) output at its Moma mine, in Mozambique, in the first quarter of the year. →
Aftan progresses plant upgrades at Namibia mine
By: Marleny Arnoldi 9th April 2018 African Tantalum (Aftan), in which Aim-listed investment company Kazera Global holds an interest, has started the tendering process for the laying of pipework for the newly approved Orange River water project at its Namibia Tantalise Investment mine. →
Aftan secures clearance to abstract water from Orange river
By: Marleny Arnoldi 28th March 2018 The Environmental Commissioner of Namibia has issued a clearance certificate to allow for the abstraction of water from the Orange river for African Tantalum’s (Aftan’s) Namibia Tantalite Investment (NTI) mine. →
Premier appoints financial adviser for Zimbabwe mine
By: Simone Liedtke 23rd March 2018 Emerging tungsten producer Premier African Minerals has appointed London-based financial consultant Brandon Hill Capital as financial adviser to assist the company with regards to the funding and development of the Zimbabwe-based RHA tungsten mine, in which Premier has a 49% interest and is the... →
RBM continues work on Zulti South, sees markets improve
16th March 2018 Work has continued on the feasibility study for the Zulti South mine expansion project at Richards Bay Minerals (RBM) in South Africa, which has the potential to maintain RBM’s low-cost smelting capacity and zircon production, diversified miner Rio Tinto reported in its 2017 full year results... →
Mineral sands see strengthening market conditions
16th March 2018 The pricing for the mineral sands product suite continued to improve throughout 2017 with the zircon market in particular benefitting from improving demand dynamics and emerging supply side shortfalls, says mineral sands miner Mineral Deposits (MD). Further, within the high-grade titanium dioxide... →
SHUTDOWN SLOWDOWN A gearbox failure caused a slowdown in operations at the TiZir titanium and iron ilmenite upgrading facility, in Norway
Mine ownership, funding talks continue
16th March 2018 Mining company Premier African Minerals, which owns 49% of the RHA tungsten mine (RHA), in Zimbabwe, and is currently the only financial supporter for operations at the mine, reports that the ongoing financial discussions with the National Indigenisation and Economic Development Fund (NIEEF),... →
OWNERSHIP PROSPECTS If new legislation is implemented, mines in Zimbabwe can be 100% foreign-owned
Rare earths company acquires critical metals portfolio in Namibia
16th March 2018 Heavy rare earth elements project developer Namibia Rare Earths (NRE) has completed the acquisition of a portfolio of critical metal properties from private firm Gecko Namibia, which will see NRE obtain a controlling interest in a portfolio of seven metals properties, thereby expanding its focus... →
South Africa discount no longer warranted, say analysts
By: Martin Creamer 15th March 2018 The so-called 'South Africa discount' that has dogged and diminished the share prices of mining companies operating in South Africa for decades, has been declared "unwarranted" by Goldman Sachs Europe Metals & Mining Equity Research analysts, against the backdrop of the winds of political change... →
Share prices of Glencore and Anglo at 2013 levels, despite higher earnings, lower debt
Image completes A$25m raising
By: Esmarie Swanepoel 15th March 2018 ASX-listed Image Resources has raised A$25-million through a share placement to fund the Boonanarring mineral sands project, in Western Australia. The company had previously entered into two equity subscription deeds to fully underwrite the issue of 250-million fully paid ordinary shares, at an... →
Kenmare returns to profitability, achieves record production
By: Natasha Odendaal 14th March 2018 LSE-listed Kenmare Resources has made significant strides as it returned to profitability and delivered record production from its Moma titanium minerals mine, in northern Mozambique, during the year ended December 31. The titanium minerals and zircon producer on Wednesday reported robust... →
State revenues from extractive industries increasing in Mozambique
By: Rebecca Campbell 9th March 2018 The extractive industry – oil, gas and mining – now provides the Mozambican State with 4.1% of its revenues from taxation. This figure was released by the country’s Director General of Tax, Augusto Tacarindua, at a recent seminar in Maputo on taxing extractive industries. In the past, the sector... →
World's biggest mining show draws huge crowd, signalling mining investment optimism
By: Henry Lazenby 7th March 2018 The Prospectors & Developers Association of Canada's (PDAC's) 2018 convention, in Toronto, drew an international crowd of 25 606 people, in what is widely considered as a clear sign that optimism is returning to the mineral exploration and mining industry following several years of turmoil.... →
Mining-specific staff recruitment, management app developed 
By: Mia Breytenbach 6th March 2018 To refine and improve the execution of recruitment within the mining industry, mining and engineering professionals recruiter TrueVine Consulting has developed a new, innovative online recruitment platform, called Digger. “Digger is a digital recruitment, talent management and staff retention... →
Bluejay scoops Greenland prospector and developer award
By: Creamer Media Reporter 6th March 2018 Dual-listed Bluejay Mining has been awarded the ‘Prospector and Developer of the Year 2017’ award by the Greenland government. The award is given to companies or individuals who have demonstrated initiative and innovation within Greenland's mineral industry, robust environmental practices and... →
Global metals exploration likely to rise 20% in 2018 – S&P Global
By: Henry Lazenby 5th March 2018 Global mining exploration budgets are expected to swell about 20% in 2018, bolstered by the generally positive trend in metals prices extending into early 2018, a new report by S&P Global Market Intelligence has found. Global spending on the search for nonferrous metals rose 15% year-on-year in... →
Testwork confirms prospects for new silica sand mine at Cape Bedford
By: Simone Liedtke 2nd March 2018 Prospects for a new silica sand mine in North Queensland have received a boost, with ASX-listed Diatreme Resources announcing that results from initial metallurgical testwork show that the project is capable of producing high-quality glass-grade silica sand. Six bulk samples were wet tabled to... →
Iluka declares dividend, sees growth on price increases
By: Megan van Wyngaardt 27th February 2018 ASX-listed Iluka Resources has recorded a 140% increase in its underlying earnings before interest, tax, depreciation and amortisation to $361-million for the year ended December 2017, with strengthened mineral sands markets throughout 2017 underpinning strong free cash flow of $322-million, up... →
Resounding welcome for Gwede, who declines opportunity to comment
By: Martin Creamer 27th February 2018 New South African Mineral Resources Minister Gwede Mantashe has received a resounding welcome from the Chamber of Mines of South Africa, Business Leadership South Africa (BLSA) and mining luminaries. The Chamber of Mines of South Africa has welcomed the appointment of Mantashe, 62, describing him... →
Incoming Mineral Resources Minister Gwede Mantashe
Finland takes top spot for mining-friendly investment 
By: Henry Lazenby 23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... →
Former Old Mutual CEO joins board of mineral sands miner Base
By: Creamer Media Reporter 22nd February 2018 The former CEO of asset manager Old Mutual Investment Group, Diane Radley, has been appointed to the board of ASX- and Aim-listed Base Resources. Radley, whose independent nonexecutive director appointment was effective from February 1, brings significant and diverse African experience to the... →
There is new energy to ease mining industry conflict – Scholes
By: Mia Breytenbach 16th February 2018 There appears to be new political resolve to mend the relationship between the mining industry and the Department of Mineral Resources, says specialised law firm Malan Scholes director Hulme Scholes. Speaking at the IHS Markit South African Coal Export Conference, in Cape Town, on Thursday, the... →
HULME SCHOLES For the first time . . . we will see the trust deficit between the mining industry and department close
Sound policy, low risk key to attracting mining investment
By: Henry Lazenby 16th February 2018 The global equity markets have been extremely volatile in recent weeks, extending a frantic selloff in US stocks that culminated in the steepest plunge for the Dow Jones Industrial Average in six-and-a-half years. While commodities were not spared from the rout, American multinational investment... →
Upgraded resource estimate confirms Strandline's Tajiri as large-scale project
By: Simone Liedtke 14th February 2018 The mineral resource estimate of emerging heavy mineral sands (HMS) developer Strandline Resources' 100%-owned Tanga South Tajiri mineral sands project, in Tanzania, has more than doubled in contained heavy mineral content to 4.6-million tonnes. This result, the company announced on Wednesday,... →
Fourth month of continuous growth for Deloitte WA Index
9th February 2018 The Deloitte WA Index climbed marginally higher in the first month of 2018, as the market capitalisation of Western Australia-listed companies increased by 0.48% to close out January at A$181.83-billion. This marks the fourth month of continuous growth, Deloitte clients and markets partner for... →
Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules
By: Henry Lazenby 9th February 2018 Ottawa on Thursday tabled new legislation to improve the federal environmental assessment process for mining projects. The legislation is aimed at strengthening and restoring the credibility of Canada's environmental laws. →
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