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Pt 828.50 $/oz Change: -3.93

Mineral Sands News

Base Resources looks to aquire 85% interest in Toliara project

By: Megan van Wyngaardt     19th December 2017 Dual-listed Base Resources has reached agreement with World Titane Holdings to acquire an initial 85% interest in the wholly-owned Mauritian subsidiaries of World Titane, which hold a 100% interest in the Toliara sands project in Madagascar. This acquisition is conditional only on Base Resources... 

MRC refused mining right for West Coast mine

By: Megan van Wyngaardt     13th December 2017 South Africa’s Department of Mineral Resources (DMR) has refused to extend Australian junior Mineral Commodities’ mining rights application for its Tormin mineral sands mine, on the West Coast near Lutzville. In an attempt to accelerate early access to identified resources to extend its mining... 

Iluka approves WA ilmenite mine

By: Megan van Wyngaardt     13th December 2017 ASX-listed Iluka Resources has approved the development of the Cataby mineral sands deposit in Western Australia, with production expected by June 2019. This follows the signing of take-or-pay offtake agreements for a minimum of 175 000 t/y of synthetic rutile, or approximately 85% of the... 

Sheffield signs 27 000 t/y offtake deal for Thunderbird zircon

By: Megan van Wyngaardt     12th December 2017 ASX-listed Sheffield Resources has signed a maiden binding offtake agreement with the largest mineral sands processor in China, Hainan Wensheng High-Tech Materials Company, for the future sale of zircon concentrate from its Thunderbird mineral sands project, in Western Australia. The agreement is... 

Crucial for commodity countries to build economic resilience – Unctad 

By: Martin Creamer     11th December 2017 Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and... 

Crucial for commodity countries to build economic resilience – Unctad
Unctad’s Stefan Csordas discusses commodities report with Mining Weekly Online’s Martin Creamer. Video: Nicholas Boyd. Video Editing: Lionel de Silva.

Cyril Ramaphosa calls for mining sector action 

By: Martin Creamer     11th December 2017 South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... 

Cyril Ramaphosa calls for mining sector action
Photo by Duane Daws
Deputy President Cyril Ramaphosa

Change or lose another 100 000 mining jobs – Cutifani

By: Martin Creamer     4th December 2017 Without change, the South African mining industry would lose another 100 000 jobs, said Anglo American CEO Mark Cutifani, who six years ago accurately predicted the recent 100 000 job demise in South African mining. “I'll say it again, absent of change, we’ll lose another 100 000 jobs,” the... 

Change or lose another 100 000 mining jobs – Cutifani
Photo by Duane Daws
Anglo American CEO Mark Cutifani
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