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Companies bought to enhance training offering

Training, supply and management group Workforce Holdings announced in January that it had acquired the various operating companies comprising outsourcing solutions providers Quyn Outsource Solutions. Workforce has predominantly placed staff in nontechnical positions and adding Quyn to its service... 

Eritrean potash project signs eight nonbinding offtake MoUs

By: David Oliveira ASX-listed potash developer Danakali has signed nonbinding memorandums of understanding (MoUs) with eight multinational parties throughout Northern Africa, Europe, the Middle East and North America for the offtake of sulphate from its 50%-owned Colluli potash project in Eritrea, in East Africa.... 

MetSkill

By: Creamer Media Reporter Process industry training provider MetSkill is actively involved with the development of the new occupational qualifications for the Quality Council for Trades and Occupations under the Mining Qualifications Authority (MQA). Benoni, Gauteng-based MetSkill, 100% owned by MD Rebecca Sands, has... 

Mineworkers empowered

By: Kimberley Smuts If workers in the mining, energy and construction industries want to improve their financial situation, it is important that they take advantage of the financial literacy programmes currently being rolled out by financial assistance provider Mineworkers Investment Trust (MIT), which supports... 

Mineworkers empowered
Photo by Bloomberg
INVESTING FOR THE FUTURE The Mineworkers Investment Trust's financial literacy training started in Mpumalanga as a pilot study in June 2015 with more training expected to take place this year

Society aims to integrate more students into mining sector 

By: Kimberley Smuts The University of Witwatersrand's Students Mining Engineering Society (SMES) aims to increase the integration of mining engineering graduates into the mining industry this year, as well as to encourage mining engineering students to have an opinion on mining-related issues in South Africa. SMES... 

Society aims to integrate more students into mining sector
FORTUNE MSIBI Mining engineering students face the challenge of a lack of available jobs in the sector, as a result of South Africa’s financial crisis

Technological advancements continue despite mining sector’s downturn

By: Sascha Solomons Beneficial trends and technological advancements in the mining industry are being introduced regardless of the depressed market conditions that the sector faces, says environmental management company I-CAT Environmental Solutions technical manager Morne van Wyk. One such trend is recycling water... 

Technological advancements continue despite mining sector’s downturn
HYFLUX KRISTAL HOLLOW-FIBRE Ensure the effective and environmentally safe reduction of excess wastewater in the mining industry

African Potash inks participation agreement as Windmill deal falls through

By: Samantha Herbst Aim-listed exploration company African Potash announced on Friday that its fertiliser trade agreement with Southern Africa-based fertiliser producer Windmill has been terminated, owing to the drought currently affecting much of Southern Africa, which has had a marked impact on the fertiliser... 

Vale prepares joint bid with Apollo for Anglo's Brazil fertiliser business – sources

By: Reuters Brazilian miner Vale is teaming up with US private equity firm Apollo to bid for Anglo American's niobium and phosphates business in Brazil, three sources familiar with the matter said on Tuesday. A sale of the assets, used for making fertilisers, could fetch around $1-billion for Anglo American. 

India likely to end potash import holiday earlier than planned

By: Ajoy K Das India is likely to end its potash “import holiday” earlier than planned following positive preliminary meteorological forecasts of favourable monsoon rains and an expected rise in agricultural sowing. According to government officials, India had put off annual potash import negotiations, which... 

Optimised DFS improves economics of Ethiopian potash project

By: David Oliveira Potash project developer Circum Minerals last month announced the results of the optimised definitive feasibility study (DFS) for its potash project in the Danakil basin, in Ethiopia. The optimised DFS improved a number of the project parameters set out in the original DFS completed in August... 

Resource-intensive Canadian and US states show stronger economic performance than others

By: Henry Lazenby The very strong economic performance in specific resource-intensive jurisdictions in Canada, especially Alberta and Saskatchewan, are mainly responsible for Canada’s comparatively strong overall economic record relative to the US since the recession of 2008/09, a new report by the influential... 

Brazil's Vale, Yara deny in talks over fertilizer unit stake

By: Reuters Vale denied a report on Wednesday that it was negotiating a sale of fertiliser assets to Norway's Yara International as the Brazilian miner seeks to raise cash following its biggest quarterly loss in decades. Valor Economico, a Brazilian business newspaper, reported Vale could sell a minority... 

FYI starts JV negotiations in Laos

By: Esmarie Swanepoel ASX-listed junior FYI Resources has come a step closer to starting potash production in Laos, after agreeing to start joint venture (JV) negotiations with China’s Yuntianhua Group. The two companies in February signed a memorandum of understanding covering potential potash project collaboration... 

Over 40 minerals and metals contained in seawater, their extraction likely to increase in the future

By: Keith Campbell It is generally known that many minerals and metals exist, dissolved in seawater and in the waters of briny lagoons and salt lakes. According to Stanford University in the US, seawater contains 47 minerals and metals. Starting with the most abundant and proceeding to the least abundant these are... 

Over 40 minerals and metals contained in seawater, their extraction likely to increase in the future

African Potash to continue exploration in Congo

By: Anine Kilian  Although it has, over the past year, worked to become a vertically integrated fertiliser business with an initial focus on trading and distribution, Aim-listed African Potash retains its interest in the exploration side of the fertiliser industry. Through its 70% interest in La Société des... 

China sets course for smooth economic transition and commodity price gains

By: Simon Rees The retreat of commodity prices on the back of China’s economic shift belied rising levels of uptake and the likelihood of an upcycle later in the decade, CRU Group managing consultant Philip Macoun told an audience at the recent Prospectors and Developers Association of Canada convention.... 

China sets course for smooth economic transition and commodity price gains

Salt Lake raises A$5.2m

By: Esmarie Swanepoel Dual-listed mineral explorer Salt Lake Potash has raised A$5.2-million through a share placement to Australian investors. The ASX- and Aim-listed company on Wednesday announced that it had placed some 16.25-million shares, at a price of 32c each, to raise the funds. The offer price represented a... 

Morocco's OCP posts 58% profit leap

By: Reuters Moroccan fertiliser company Office Cherifien de Phosphate (OCP), the world's leading phosphate exporter, reported 2015 net profit up 57.8% year-on-year to 8.01 billion dirhams ($825.8-million) on Tuesday, attributing the rise to higher output. State-run OCP, a major earner of foreign currency for... 

Danakali raises funds for Colluli

By: Esmarie Swanepoel Potash developer Danakali would raise about A$5.5-million to advance its Colluli potash project, in Eritrea. The ASX-listed company said on Monday that it had received commitments for professional and sophisticated investors for the issue of up to 25-million shares, at a price of 22c each. 

Arianne Phosphate appoints new chairperson and CEO

By: Henry Lazenby With the December ‘ministerial decree’ in hand, the focus of project developer Arianne Phosphate is shifting to development of the Lac à Paul project, in Quebec's Saguenay-Lac-Saint-Jean region, prompting it to appoint industry veterans Jean Lamarre as chairperson and Brian Ostroff as CEO to... 

Indian agribusiness firm to fund first phase of Karnalyte’s Saskatchewan potash project

By: Henry Lazenby India-listed agribusiness firm Gujarat State Fertilisers and Chemicals (GSFC) has agreed in principle to provide $700-million to finance construction of the first phase of project developer Karnalyte Resources’ 625 000 t/y Wynyard potash deposit, in Saskatchewan. TSX-listed Karnalyte would also... 

Indian agribusiness firm to fund first phase of Karnalyte’s Saskatchewan potash project
Photo by Karnalyte Resources
The Wynyard project, Saskatchewan

Lack of discipline to keep pressure on potash prices into the next decade

By: Henry Lazenby The consensus among potash companies participating in Bank of Montreal's (BMO's) Capital Markets Metals and Mining conference this week was that potash prices had reached a seasonal bottom on the back of production deferrals and cutbacks. However, BMO fertilisers and chemicals research analyst... 

Lack of discipline to keep pressure on potash prices into the next decade

US recovery involves short-term pain and long-term gain for commodities

By: Simon Rees The US economic recovery placed pressure on metals prices as investors continued to unwind commodities-based positions taken during the resource supercycle, according to Export Development Canada VP and chief economist Peter Hall. It had not been an orderly event, particularly for... 

US recovery involves short-term pain and long-term gain for commodities

PotashCorp curtails output as market slumps

By: Henry Lazenby Canada’s largest producer of the crop nutrient potash, Potash Corporation of Saskatchewan, this week announced temporary production curtailments at its Allan and Lanigan operations, in an effort to match supply with market demand. Saskatoon, Saskatchewan-based PotashCorp will curtail production... 

Agrium appoints three new directors, expands board to 12

By: Henry Lazenby Agricultural products producer Agrium Inc this week expanded its board to 12 members after it appointed three new directors, 11 of which are independent. Calgary, Alberta-based Agrium appointed Maura Clark, Miranda Hubbs, and William (Bill) Simon to its board, effective from Wednesday. 

Dingyi eyes another offer for Elemental

By: Esmarie Swanepoel Potash hopeful Elemental Minerals on Friday announced that it had received an unsolicited, nonbinding, incomplete and conditional expression of interest from Dingyi Group Investment regarding a possible off-market takeover. Under the expression of interest, Dingyi was offering Elemental... 

Danakali eyes new product stream at Colluli

By: Esmarie Swanepoel Potash developer Danakali would initiate a scoping study into potential sulphate of potash magnesia (SOP-M) production from its Colluli project, in Eritrea. The company said on Wednesday that it had produced high purity, chloride free SOP-M from the Colluli potash project using salts from the... 

Agrium reports better-than-expected Q4 profit, but foresees weaker 2016

By: Henry Lazenby Agricultural products producer Agrium Inc has reported positive headline earnings for the three months ended December 31, beating market expectations convincingly. However, its earnings forecast for the full-year 2016 came in below expectations and weighed on its share price performance on... 

Agrium reports better-than-expected Q4 profit, but foresees weaker 2016

Crucial decision needed on empowerment levels

By: Nadine James An urgent court judgment needs to be made to determine the empowerment levels in South Africa’s mining industry, as this will most likely impact on the future alignment between the Department of Trade and Industry (DTI) codes and the Mining Charter, stresses Cliffe Dekker Hofmeyr director of... 

Crucial decision needed on empowerment levels
ALLAN REID Aligning the Mining Charter with the Department of Trade and Industry codes will be challenging, regardless of the Department of Mineral Resources' 12-month extension

Delayed MPRDA Amendment Bill unfavourable

By: Nadine James It is more than a year since the Mineral and Petroleum Resources Development Act (MPRDA) Amendment Bill was referred back to Parliament by President Jacob Zuma for reconsideration. According to the latest available public record, more parliamentary committee meetings to reconsider the Amendment... 

Delayed MPRDA Amendment Bill unfavourable

Mining needs critical legal regulatory matters resolved

There will be many critical legal and regulatory issues facing the mining industry in 2016, says Chamber of Mines (CoM) legal head Lerato Legong. He claims that “one of the most important is going to be the review of the Mining Charter, which will likely lead to the development of the third... 

Mining needs critical legal regulatory matters resolved
Photo by Bloomberg
MOSEBEZI ZWANE The Chamber of Mines expects that the Mineral Resources Minister and his department will deal with a number of regulatory issues in the coming year

Proposed MPRDA amendments lack clarity

By: Nadine James While the proposed amendments to the Mineral and Petroleum Resources Development Act (MPRDA) contain positive aspects, in a broader sense, they are flawed, particularly in terms of the applications and appeals processes regarding mining rights, says Hogan Lovells partner and head of mining Warren... 

Proposed MPRDA amendments lack clarity
WARREN BEECH The amendments pertaining to appeals will adversely impact mining right applicants in terms of starting the process of securing operations funding and their contractual obligations

PotashCorp cuts dividend by 34% after lower-than-expected quarterly profit

By: Samantha Herbst TSX- and NYSE-listed potash and fertiliser producer PotashCorp, of Saskatchewan, has decided to cut its quarterly dividend by 34%, owing to the challenging market conditions and emerging market currency weakness relative to the US dollar that continue to weigh on the fertiliser market. The... 

PotashCorp cuts dividend by 34% after lower-than-expected quarterly profit

Creamer Media publishes African Mining Projects in Progress - Second Edition

Creamer Media’s second edition of its African Mining Projects in Progress 2015 report tracks project developments taking place across various mining sectors on the continent, including coal, copper, gold, iron-ore, platinum and uranium.  

Creamer Media publishes African Mining Projects in Progress - Second Edition

Applied Mineral Technologies

Witbank-based Applied Mineral Technologies (Amtec) specialises in the fabrication and construction of materials handling systems and processing plants. “Amtec is especially proficient and experienced in brownfield and shutdown construction activities having successfully undertaken many... 

Applied Mineral Technologies

Networking at every turn

By: Kimberley Smuts Event organiser Mining Indaba recognises that one of the most critical functions of the Investing in African Mining Indaba conference is to create a platform that allows all those operating in the African mining sector to engage. The annual Mining Indaba taking place from February 8 to 11 at the... 

Networking at every turn
NETWORKING OPPORTUNITIES ABOUND Mining Indaba has again allocated specific times for networking over the course of the event to allow delegates to set up meetings and take advantage of the opportunity to meet new business contacts

Schwalbe

Focused on providing products and services while ensuring competitiveness in quality, reliability and price, South Africa-based drilling equipment supplier Schwalbe’s product lines have been supplied to and also tested with favourable results achieved by companies such as gold producer Anglo Gold... 

Schwalbe

Challenging macroeconomic backdrop prompts PotashCorp to shutter New Brunswick ops

By: Henry Lazenby Canada’s largest potash producer Potash Corporation of Saskatchewan on Tuesday announced that it would immediately close its Picadilly, New Brunswick potash operations, citing a challenging macroeconomic backdrop. The suspension would make between 420 and 430 jobs redundant, with only a core crew... 

Challenging macroeconomic backdrop prompts PotashCorp to shutter New Brunswick ops
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