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IRON-ORE

NSL restarts beneficiation plant in India

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ASX-listed junior NSL Consolidated has restarted its dry beneficiation plant in India, with first iron-ore sales expected before the end of the September quarter. In May this year, NSL announced a two-phase plan for its dry beneficiation plant...
30th July 2014
 
 
CAPITAL RAISING

LNG raises A$38.6m for Bear Head acquisition

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ASX-listed Liquefied Natural Gas (LNG) on Wednesday announced that it would raise A$38.6-million to fund the acquisition and development of the Bear Head LNG project, in Canada. Earlier this week, LNG announced that it would spend $11-million to...
30th July 2014
 
 
ELECTRICITY PRICING

Power tariffs set to rise by more than 8% in 2015 as Nersa makes Eskom claw-back decision

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South African electricity tariffs are likely to increase by more than the 8% already sanctioned for the year starting April 1, 2015, after the energy regulator determined on Wednesday that Eskom had under recovered R7.82-billion in revenue between...
30th July 2014
 
 
Breaking News

Creamer Media publishes Real Economy Insight: Iron-Ore 2014 research report

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This three-page brief covers key developments in the iron-ore sector over the past 12 months, including the iron-ore market globally and in South Africa, as well as prospects for the sector.
30th July 2014
 
 
GOLD

Regis warns of up to A$280m asset impairment

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Gold miner Regis Resources on Wednesday warned shareholders of a possible asset impairment of between A$230-million and A$280-million. A charge of between A$150-million and A$190-million was expected on the Garden Well and Rosemont projects, in...
30th July 2014
 
 
MANGANESE

OMH reports strong June quarter

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Manganese miner OM Holdings (OMH) has reported solid production during the three months ended June, with the miner producing 225 095 t of manganese product, grading 36.35% at its Bootu Creek mine, in the Northern Territory. This was compared with...
30th July 2014
 
 
CAPITAL RAISING

Renaissance shakes tin to advance exploration

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Perth-based Renaissance Minerals was expected to raise some A$6-million in a heavily oversubscribed equity placement to new and existing institutional and sophisticated investors. The company would place some 92.3-million shares, at a price of...
30th July 2014
 
 
GOLD

Ramelius sets 23 000 oz Sept quarter guidance for WA mines

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Gold miner Ramelius Resources was hoping to produce up to 23 000 oz during the September quarter from its Western Australian operations. The miner said on Wednesday that it was hoping to source between 18 000 oz and 19 000 oz of gold from its Mt...
30th July 2014
 
 
 
 
 
 
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