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Nickel
 
CAPITAL RAISING

Sirius announces A$189m raising for Nova project, exploration

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The shares of ASX-listed Sirius Resources went into a trading halt on Wednesday as the company announced a A$189-million capital raise. The nickel developer would place some 49.5-million new ordinary shares, at a price of A$3.82 a share, to...
23rd July 2014
 
 
NICKEL

Western Areas beats cost and production guidance

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Nickel miner Western Areas has exceeded its cost and production expectations for the full year ended June, with the miner on Tuesday reporting a 7.4% decline in unit cash costs to A$2.50/lb, on the full-year guidance of A$2.70/lb. Full-year mine...
22nd July 2014
 
 
PLATINUM

Amplats capitalising mechanised mines, may spend R100bn to 2024 Video Available

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Strike-hit Anglo American Platinum (Amplats) was capitalising its mechanised mines and might spend up to R100-billion on them plus Amandelbult in the next ten years, Amplats CEO Chris Griffith said on Monday. Speaking at the company’s...
21st July 2014
 
 
NICKEL

Poseidon reveals plans for Black Swan

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Nickel miner Poseidon Nickel on Monday revealed plans to pre-start engineering activities at its recently acquired Black Swan nickel plant. The miner has placed several contracts to undertake work on the plant, including supplying key financial...
21st July 2014
 
 
INDONESIA EXPORTS

Indonesia ships first metal concentrate since January halt

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Indonesia has resumed some exports of metal ore concentrates after two firms gained permits to ship iron-ore, zinc and lead, a mining ministry official said, the first shipments of their kind since the country changed its export rules in January....
18th July 2014
 
 
MINERAL PRODUCTION

Zim’s minerals revenue dips as high costs, lack of capital bite

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The Chamber of Mines of Zimbabwe says the total value of minerals produced in the four month period  
18th July 2014
 
 
DIVERSIFIED MINERS

Anglo’s South African mines up output, platinum sales ‘normal’ despite strike

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Anglo American’s South African mines came to the party in the three months to June 30, with increased production across-the-board, including platinum supply “at normal levels” to all platinum customers, in spite of the fierce five-month...
17th July 2014
 
 
STRATEGIC ALTERNATIVES

After gaining control of flagship, Duluth reviews options

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Canadian base metals project developer Duluth Metals on Monday said it had appointed financial services provider and financial advisor Barclays to undertake a thorough evaluation of its strategic alternatives. Toronto-based Duluth last week gained...
7th July 2014
 
 
MINERAL RESEARCH

NDP requires accelerated mining effort – Minerals Minister Video Available

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South Africa’s new Mineral Resources Minister Ngoako Ramatlhodi The National Development Plan (NDP) required an accelerated effort towards ensuring mining's continued contribution to economic growth and the elimination of the triple challenge of unemployment, inequality and poverty, South Africa’s new...
4th July 2014
 
 
 
 
 
 
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Amplats capitalising mechanised mines, may... Video
NDP requires accelerated mining effort –... Video
Worrying technical corner-cutting needs to be... Video
No platinum surge despite 400 000 oz... Video
BNC smelter upgrade important short-term focus... Video
Excessive capex to blame for low prices –... Video
ARM’s Motsepe confident SA will get through... Video
No future without improved productivity –... Video
Mining’s wage issues will be resolved,... Video
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