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Nickel News

Anglo Pacific acquires royalty interest in Brazil-based nickel/cobalt project

By: Samantha Herbst     14th September 2017 Dual-listed royalty company Anglo Pacific has entered into an agreement with UK-based Brazil Nickel to acquire a gross revenue royalty (GRR) interest for the development of the Piauí nickel/cobalt project, in north-eastern Brazil. This is in line with Anglo Pacific’s strategy to invest in... 

Improved fundamentals prompt Moody’s to adjust higher several commodity price sensitivity ranges

By: Henry Lazenby     14th September 2017 Improved fundamentals amid global economic growth are expected to sustain a higher pricing environment for the global base metals industry, prompting credit ratings firm Moody’s Investors Service to adjust higher the price sensitivity ranges for copper, iron-ore, and metallurgical and thermal... 

Improved fundamentals prompt Moody’s to adjust higher several commodity price sensitivity ranges

Chamber agrees to Minister's written undertaking

By: Martin Creamer     13th September 2017 The Chamber of Mines advises that, following an approach by legal counsel representing Mineral Resources Minister Mosebenzi Zwane, it has reached an agreement with him through his legal counsel in respect of the chamber’s urgent interdict to prevent the implementation of Mining Charter Three, as... 

Chamber agrees to Minister's written undertaking
Chamber of Mines CEO Roger Baxter

Demand for quality metals amplifying – ARM 

By: Martin Creamer     11th September 2017 Global climate change mitigation is amplifying the demand for good quality, low-impurity metals, which are being rewarded with high price premiums. There is a huge drive in China towards better quality, which will eventually use less energy and cause less pollution. (Also watch attached Creamer... 

Demand for quality metals amplifying – ARM
African Rainbow Minerals CEO Mike Schmidt discusses of price premiums being paid for quality with Mining Weekly Online’s Martin Creamer. Video and Video Editing: Darlene Creamer

Johannesburg listing on the cards for Australia’s Orion

By: Natasha Odendaal     11th September 2017 Australian minerals exploration company Orion Minerals expects to start trading on the main board of the Johannesburg bourse on September 18, as it progresses its base metals development strategy in South Africa. Orion, which has received approval from the JSE for a secondary listing under the... 

Johannesburg listing on the cards for Australia’s Orion

Anglesey planning for production at Wales mine in 2020

By: Mariaan Webb     8th September 2017 The recent increase in the prices of the metals that the Parys Mountain mine will produce has spurred on Anglesey Mining to move into action to bring the project into production “as soon as practicable”. Anglesey on Friday announced four immediate steps to progress the north Wales project,... 

Anglesey planning for production at Wales mine in 2020
Drilling at the Parys Mountain project, in north Wales.

Zim platinum miner reports positive quarter

     8th September 2017 JSE-listed platinum group metals producer Impala Platinum subsidiary Zimplats experienced a positive period in the quarter ended June 30, reporting a safety milestone, greater tonnes mined and ore milled, and revenue growth. During the quarter, Zimplats recorded 365 lost-time-injury- (LTI-) free... 

Zim platinum miner reports positive quarter
Photo by Bloomberg
NOTABLE MILESTONE Zimplats recorded 365 lost-time-injury-free days on April 9

South African mining must be made globally competitive – Motsepe 

By: Martin Creamer     7th September 2017 All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination, said African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe on Thursday, when he declared the black-controlled company’s highest-ever dividend.... 

South African mining must be made globally competitive – Motsepe
All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination. Video and editing: Darlene Creamer 7.9.2017

Lundin accelerates exploration at all sites into 2018

By: Samantha Herbst     6th September 2017 TSX-listed base metals miner Lundin Mining’s exploration efforts continue to add significant value to the company’s assets and, in light of improved market conditions, the company plans to accelerate exploration at all mine sites in 2018, as well as advance at least two new copper-focused... 

Australian Mines takes over Sconi

By: Esmarie Swanepoel     6th September 2017 ASX-listed Australian Mines has taken full ownership of the Sconi cobalt/nickel/scandium project, in Queensland, after striking a A$10-million cash and share deal with Metallica Minerals. Australian Mines’ outright acquisition of the Sconi project negated an earlier earn-in agreement with... 

Despite high upfront costs, technology investments yield long-term savings – BMI

By: Mia Breytenbach     1st September 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Despite high upfront costs, technology investments yield  long-term savings – BMI
LONG-TERM BENEFIT BMI expexts long-term cost savings to benefit companies that are ahead of the curve when it comes to prioritising green strategies

Caldas Engineering

     1st September 2017 South Africa-based quality spare parts specialist for fixed and mobile crushing plants Caldas Engineering has been serving its customers for 21 years and ensures customer satisfaction while meeting the demands of its industry. With a comprehensive range of replacement wear parts for leading... 

Caldas Engineering

Red Metal Mining

     1st September 2017 Diversified project engineering house Red Metal Mining (RMM) is focused on the specialised design of cast resin dry-type transformers, mini substations and electrical automation systems required by mining and associated industries. “Wherever electricity is generated, distributed, or required, we... 

Red Metal Mining

Show expected to achieve further growth

By: Nica Schreuder     1st September 2017 The number of exhibitors and visitors taking part in the Electra Mining Botswana exhibition and conference, since its inception in 2013, has increased by 17% and 8% respectively, with this years’ event expected to attract further key industry players in the mining, industrial and power generation... 

Show expected to achieve further growth
PROMISING PODIUM Electra Mining Botswana is said to be fast becoming a major mining exhibition and networking platform

Canadian mining sector market value drops 7% in Q2

By: Samantha Herbst     31st August 2017 Canada’s mining sector saw a slow start to the second quarter of 2017, according to global advisory firm EY’s Canadian Mining Eye index, which reported that the market capitalisation of 100 TSX- and TSX-V-listed midtier and junior companies fell broadly between C$47-million and C$1.6-billion.... 

Amur expects IKEN and KUB to form one deposit

By: Creamer Media Reporter      31st August 2017 Explorer Amur Minerals has completed 82 diamond core drill holes containing 20 060 m of drilling ahead of schedule at its Kun-Manie project, where another 10 000 m will be drilled before the season wraps up at the end of October. The majority of the 2017 drill season at the project in the far... 

Panoramic narrows FY17 losses

By: Esmarie Swanepoel     31st August 2017 Nickel miner Panoramic Resources has narrowed its net loss after tax for the full year ended June from a loss of A$144.3-million reported in 2016, to a net loss of A$4.7-million, despite a tough operational year. Panoramic on Thursday reported an impairment loss reversal of A$9.2-million as part... 

In its third year, North American Nickel’s Maniitsoq drill campaign casts a wider net

By: Henry Lazenby     30th August 2017 Drilling productivity at base metals explorer North American Nickel's (NAN's) Maniitsoq project, in south-west Greenland, has been lower than expected, prompting the company to add another drill rig and extend the drilling programme by two weeks to late September, to achieve as many metres as... 

In its third year, North American Nickel’s Maniitsoq drill campaign casts a wider net
Photo by North American Nickel
Maniitsoq, Greenland

Horizonte’s Araguaia feasibility study due for completion in early 2018

By: Samantha Herbst     30th August 2017 The ongoing feasibility study for Aim- and TSX-listed Horizonte Minerals’ Brazil-based Araguaia project – the country’s next ferro-nickel mine – is progressing on schedule and is now over 60% complete. According to Horizonte CEO Jeremy Martin, the feasibility study is due for completion by year... 

Advancing technology signals imminent opening of undersea mineral treasure chest

By: Henry Lazenby     29th August 2017 In a new era of ever-advancing technology and increased legal certainty, ocean floor mining is set to take off in the next decade as several juniors jostle to be first to exploit the wealth hidden on the deep ocean floor. DeepGreen Resources chief development officer Anthony O’Sullivan believes... 

Advancing technology signals imminent opening of undersea mineral treasure chest

Platinum, palladium, rhodium on 3-way price parity path – Northam 

By: Martin Creamer     25th August 2017 The platinum group metals (PGM) market may be heading for three-way price parity, Northam Platinum CEO Paul Dunne pointed out when the company presented a 60% rise in operating profit to R614-million in the 12 months to June 30, reflecting the benefits of the company’s growth strategy,... 

Platinum, palladium, rhodium on 3-way price parity path – Northam
Northam Platinum CEO Paul Dunne and CFO Ayanda Khumalo at results presentation covered by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd.

Philippine lawmakers seek to ban mining in watershed areas, export of raw ore

By: Reuters     25th August 2017 Philippine lawmakers have filed a bill seeking to ban mining in watershed areas and exports of unprocessed ores and will require miners to get legislative approval before operating, in line with President Rodrigo Duterte's pledge to overhaul the sector. The Philippines is the world's top nickel... 

‘Key milestone’ for Platreef project

     25th August 2017 The completion of the definitive feasibility study (DFS) for the first phase of production at platinum group metals (PGMs) miner Ivanhoe Mines’ Platreef project, on the northern limb of South Africa’s Bushveld Igneous Complex, is another key milestone in Ivanhoe’s planned transformation of the... 

‘Key milestone’ for Platreef project
GREAT EXPECTATIONS Platreef is expected to produce a suite of vital metals, of which many are essential to sustain the urbanising planet

Corporate and govt cooperation needed to drive energy stability

By: Robyn Wilkinson     25th August 2017 There needs to be ongoing open dialogue between the corporate sector and government to ensure that energy supplies for mining projects are secured and stabilised timeously to take advantage of valuable economic opportunities in Africa, says Johannesburg-based consultancy Core Consultants founder... 

Corporate and govt cooperation needed to drive energy stability
LARA SMITH Governments’ lead times for approving new power plants in African countries are often too long, resulting in a failure to realise the full potential of valuable mining projects

Improve efficiencies before adopting new energy solutions

By: Robyn Wilkinson     25th August 2017 For many mines, there is still significant work to be done in terms of improving operating energy efficiencies, and a sound understanding of the benefits of digitalisation could be the key to unlocking considerable value in this endeavour, says professional services firm EY South Africa advisory... 

Improve efficiencies before  adopting new energy solutions
Photo by Bloomberg
STRATEGIC INVESTMENTS With a thorough understanding of its daily energy requirements, a mine can achieve clarity on where an injection of renewable energy can provide maximum benefit

Modular, mobile dry-type transformers ideal for Africa

By: Robyn Wilkinson     25th August 2017 As mining projects move into ever more remote locations in Africa, modular and mobile energy solutions – such as dry-type transformers – are gaining popularity, says transformer supplier Trafo Power Solutions MD David Claassen. 

Modular, mobile  dry-type transformers ideal for Africa
SAFER OPTION Dry-type transformers are completely flame-retardant and emissions free, using resin and vacuum-pressure impregnation to insulate windings and air as a cooling agent

Rental generators bridging solution for African mines

By: Robyn Wilkinson     25th August 2017 Energy solutions provider Aksa Power Generation expects a high demand in Africa, especially sub-Saharan Africa, for its new range of generators, as the mining industry begins to show signs of recovery and companies look to expand their operations in remote areas. 

Rental generators bridging solution for African mines
READY TO GO Aksa’s new generator rental fleet is well stocked and designed to operate in harsh conditions, providing the ideal interim power solution for mines expanding in Africa

Tax benefits for demonstrated energy savings at mines

     25th August 2017 Fuel solutions provider Masana Petroleum Solutions strongly urges companies to take advantage of the Section 12L Energy Tax Incentive, under South Africa’s Income Tax Act, before it is too late, as this opportunity is limited until 2020. 

Tax benefits for demonstrated energy savings at mines
FUEL FOCUS Masana offers mines high-performance products and fuel management systems for improved haul road efficiencies and reduced heavy equipment maintenance

Commodity price improvement drives Glencore’s earnings

By: Ilan Solomons     25th August 2017 Diversified mining and marketing company Glencore said “extensive efforts” to reposition its balance sheet and propel the company’s industrial asset portfolio improvements over the last two years were reflected in its strong interim financial performance. The group last week published its... 

Commodity price improvement drives Glencore’s earnings
Photo by Duane Daws
ALL SMILES Glencore CEO Ivan Glasenberg says the first half of this year had the ‘best growth momentum’ in the global economy in recent years

Incremental improvements now leading to energy efficiency  

By: Robyn Wilkinson     25th August 2017 Having reached an advanced stage, power generation technology development has slowed worldwide, with companies instead intensifying their focus on the cumulative energy savings that can be realised through intensive equipment modifications and the disciplined application of existing technologies,... 

Incremental improvements now leading to energy efficiency
Zest WEG Group integrated sales executive Johan van Niekerk discusses the group’s energy efficiency technologies. Video and Editing: Lionel da Silva

Ontario sets timeframe for road construction into Ring of Fire mining camp

By: Henry Lazenby     23rd August 2017 Following years of complex negotiations and several delays, the Ontario provincial government on Monday made the historic announcement that it would support and fund road proposals that will connect Northern Ontario’s far-flung First Nation communities and provide industrial road access to the... 

Ontario sets timeframe for road construction into Ring of Fire mining camp
The Ring of Fire’s rich ores are estimated to hold some C$60-billion worth of nickel/copper/platinum group metals mineral wealth

Western Areas returns to profitability

By: Esmarie Swanepoel     22nd August 2017 Nickel miner Western Areas has returned to profitability in 2017, as revenues increased. A net profit after tax of A$19.3-million was reported for the financial year ended June, compared with a net loss after tax of A$29.8-million in 2016. 

WorleyParsons developing black enterprises 

By: Martin Creamer     21st August 2017 Project delivery and engineering consultancy WorleyParsons RSA is answering South Africa’s call for broader economic participation and transformation. The local company, which is part of the Australian Securities Exchange-listed WorleyParsons engineering group that serves the resources and energy... 

WorleyParsons developing black enterprises
WorleyParsons RSA CEO Denver Dreyer interviewed by Mining Weekly’s Martin Creamer. Photographs: Duane Daws. Video: Darlene Creamer

Garibaldi ramps up exploration effort at Nickel Mountain

By: Henry Lazenby     19th August 2017 TSX-V-listed Garibaldi Resources is stepping up its exploration efforts at its flagship Nickel Mountain base metals project, in north-west British Columbia's prolific Eskay Camp. The Vancouver-based company advised on Friday that crews, including Full Force Drilling based in Peachland, British... 

DRC mining code’s shortcomings limiting sector’s contribution to fiscus – senator

By: Ilan Solomons     18th August 2017 The mining industry and the production of copper and cobalt in particular is of vital importance to the economy of the Democratic Republic of Congo (DRC). However, political, social and legislative stability is critical to ensuring the growth and sustainability of the sector, says DRC Senator... 

DRC mining code’s shortcomings  limiting sector’s contribution to fiscus – senator
Photo by Council on Foreign Relations
WORRYING TIMES Substantial challenges exist for companies that want to do business in the DRC owing to security concerns and general concerns regarding corruption

Proximity detection system installation in final stages

By: Simone Liedtke     18th August 2017 Although proximity detection systems (PDS) are not a new concept, their roll-out in the South African mining industry is on the increase, with uptake escalating in light of legislation introduced by the Department of Mineral Resources (DMR) under the Mine Health and Safety Act (MHSA). A clause in... 

Proximity detection system installation in final stages
Photo by Monitech
INTELLIZONE PDS After a successful trial in 2015, the proxmity detection system was launched in South Africa in April last year

Firms joining forces to raise $500m for mining projects, particularly in Africa

By: Ilan Solomons     18th August 2017 Mining investment advisory company MX Mining Capital Advisors and law firm Norton Rose Fulbright South Africa are collaborating to assist in raising about $500-million in finance for mining projects worldwide and for Africa based ones in particularly. MX Mining is focused on raising capital and... 

Firms joining forces to raise $500m for mining  projects, particularly in Africa
Photo by Duane Daws
PRECISION PLANNING The way a project is structured is critical to ensuring whether or not it receives the needed finance

Technology set to unleash mining innovation – Anglo’s O’Neill

By: Martin Creamer     16th August 2017 In the next ten years, technology is set to unleash a wave of mining innovation, with the sweet spot centred on changing the thinking around orebodies and processing plants rather than much-spoken-about automation. “Our focus has changed from hunting technologies to hunting value,” Anglo American... 

Technology set to unleash mining innovation – Anglo’s O’Neill
Anglo American technical director Tony O’Neill
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