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Mineral Sands News

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... 

Mineral sands see strengthening market conditions
Photo by Bloomberg
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),... 

Mine ownership, funding talks continue
Photo by Reuters
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... 

Rare earths company  acquires critical metals portfolio in Namibia
RARE MINERALS Namibia Rare Earths has started exploring several mineral deposits across the country

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... 

South Africa discount no longer warranted, say analysts
Photo by Goldman Sachs
Share prices of Glencore and Anglo at 2013 levels, despite higher earnings, lower debt

Image completes A$25m raising

By: Esmarie Iannucci     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.... 

World's biggest mining show draws huge crowd, signalling mining investment optimism

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... 

Mining-specific staff recruitment,  management app developed
Innovative mining-specific staff recruitment, management app developed. Editing: Darlene Creamer and Christo Greyling.

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... 

Global metals exploration likely to rise 20% in 2018 – S&P Global

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... 

Testwork confirms prospects for new silica sand mine at Cape Bedford
Cape Bedford Drilling

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... 

Resounding welcome for Gwede, who declines opportunity to comment
Photo by Duane Daws
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... 

Finland takes top spot for mining-friendly investment

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... 

There is new energy to ease mining industry conflict – Scholes
Photo by Duane Daws
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... 

Sound policy, low risk key to attracting mining 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... 

Fourth month of continuous growth for Deloitte WA Index

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. 

Industry, environment lobby cautiously optimistic as Canada tables new enviro review rules

Bluejay Mining seeks pigment riches as Greenland's ice retreats

By: Reuters     6th February 2018 Bluejay Mining aims to achieve commercial output of the world's highest grade deposit of ilmenite, used in paint and toothpaste, in Greenland next year, now climate change has provided access to minerals once buried under snow and ice, its CEO said. The company last week said it had raised... 

Bluejay Mining seeks pigment riches as Greenland's ice retreats

Bluejay raises £17m to support Greenland project development

By: Creamer Media Reporter      2nd February 2018 Aim- and FSE-listed Bluejay Mining has conditionally raised £17-million through an equity raising to support the advancement of the Dundas ilmenite project, in Greenland. These funds will support the company’s objectives of starting production, resource expansion, feasibility studies, licencing... 

Savannah submits mining lease applications for Moz sands project

By: Mia Breytenbach     2nd February 2018 Resource development company Savannah Resources has submitted three mining lease applications to Mozambique’s Ministry of Mineral Resources and Energy for mining leases for the Mutamba heavy mineral sands project. Located in the Gaza and Inhambane provinces, Mutamba is being developed in a... 

Savannah submits mining lease applications for Moz sands project
CONSTRUCTION COMPLEMENT Savannah Resources completed the construction of the pilot plant for its bulk metallurgical test work programme at Mutamba in December

DRDGold thumbs nose at lower gold price as output ups earnings

By: Martin Creamer     1st February 2018 Gold tailings retreatment specialist DRDGold is set to report higher earnings on higher production that cocked a snook at the lower gold price in the six months to December 31. Earnings a share are poised to be between 14.16c and 14.64c for the six months ended December 31, compared with 0.6c for... 

DRDGold thumbs nose at lower gold price as output ups earnings
Gold tailings retreatment under way.

Another offtake deal for Thunderbird zircon

By: Creamer Media Reporter      1st February 2018 ASX-listed Sheffield Resources has signed its fifth binding offtake agreement for the future sale of premium zircon from the Thunderbirds mineral sands project, in Western Australia. Qinqyuan Jinsheng ZR & TI Resources (Jinsheng) has agreed to a five-year minimum supply of 9 000 t/y of premium... 

MZI half-year output up, enhanced operating plan rolling out

By: Megan van Wyngaardt     31st January 2018 ASX-listed mineral sands company MZI Resources saw its heavy mineral concentrate output rise 9% to 53 239 t during the six months to December 2017, while saleable production increased by 35% to 39 251 t. Sales volumes also increased by 47% to 29 750 t compared with the prior corresponding half.... 

Diatreme to advance WA zircon project as funding is secured

By: Megan van Wyngaardt     31st January 2018 ASX-listed Diatreme Resources has completed a private placement to raise $490 000 through the issue of 24.5-million shares at $0.20 apiece. The proceeds will be used to further advance its Western Australia-based Cyclone zircon project definitive feasibility study (DFS) and working capital, where... 

Iluka production up as Sierra Rutile plays in

By: Megan van Wyngaardt     29th January 2018 Mineral sands producer Iluka on Monday reported a 22% increase in its yearly production of zircon, rutile and synthetic rutile, at 825 000 t. The ASX-listed company attributed the increase to the inclusion of Sierra Rutile's production of 171 000 t, following the acquisition of the Sierra... 

Exhibitor cautiously optimistic about 2018

By: Nadine James     26th January 2018 Analytical services provider African Mineral Standards (AMIS) – a subsidiary of JSE-listed industrial group Torre Industries – is a producer of mineral certified reference materials (CRMs) and has a core focus on analytical services related to mining and exploration, which they will exhibit at... 

Exhibitor cautiously optimistic about 2018
SIGNED, SEALED, DELIVERED AMIS’ offering of certified reference materials can be used for analytical method validation, calibration of analytical equipment and in procedural quality control programs in assay laboratories

Manhattan in merger deal with New Zealand’s Trans-Tasman

By: Natasha Odendaal     23rd January 2018 ASX-listed Manhattan Corporation has entered into a binding merger implementation agreement for the acquisition of unlisted New Zealand limited company Trans-Tasman Resources (TTR). Manhattan will acquire all the issued capital in TTR through the issue of 706-million ordinary shares and... 

Strandline signs offtake deal for Tanzania mineral sands project

By: Megan van Wyngaardt     22nd January 2018 ASX-listed Strandline Resources has secured a binding offtake agreement for 100% of the zircon/monazite product to be produced at its Fungoni mineral sands project, in Tanzania. Marking it as a major step towards bringing its first mineral sands project into production, the company said on Monday... 

DRA expands Asia-Pacific footprint

By: Martin Creamer     17th January 2018 Global engineering, project delivery, contract operations specialist and asset management group DRA’s acquisition of Perth-based Minnovo expands its Australian footprint and adds depth to its metallurgical, engineering, procurement, project management, construction and commissioning capabilities... 

DRA expands Asia-Pacific footprint
Photo by Duane Daws
DRA CEO Wray Carvelas

Savannah marks 2018 start with mining lease applications for Mutamba

By: Mia Breytenbach     16th January 2018 Aim-listed Savannah Resources has submitted three applications to Mozambique’s Ministry of Mineral Resources and Energy for mining leases for the Mutamba heavy mineral sands project. Located in the Gaza and Inhambane provinces, Mutamba is being developed in a consortium with diversified mining... 

Base Resources’ Toliara Sands project now unconditional

By: Anine Kilian     15th January 2018 ASX- and Aim-listed mineral sands producer Base Resources on Monday reported that the acquisition agreement pertaining to the Madagascar-based Toliara Sands project is now unconditional.  The acquisition of Base’s initial 85% interest in the wholly owned Mauritian subsidiaries of World Titane... 

Smarter mining, manufacture, agriculture needed, says IDC’s Maia 

By: Martin Creamer     12th January 2018 South Africa needs to aim towards smarter mining, smarter agriculture and smarter manufacturing. “It’s about taking all the major sectors of the economy forward, with each feeding on the other,” says Industrial Development Corporation (IDC) research and information head Jorge Maia of the roles... 

Smarter mining, manufacture, agriculture needed, says IDC’s Maia
Industrial Development Corporation research and information head Jorge Maia and Unctad economic affairs officer Stefan Csordas respond to Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd.

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