http://www.miningweekly.com

Global Mining News in real time

Project Management News

Global REE supply threatened after reports that 40% of Chinese supply is illegal

By: Henry Lazenby China, the world's most prolific producer of rare earth elements (REE),  has revealed that 40% of its supply is from illegally mined sources in the country, market-focused research house Benchmark Mineral Intelligence analyst Simon Moores reported on Tuesday. Industrial Minerals Company of... 

Concerns about possible deflationary spiral as commodity prices continue to slide

By: Henry Lazenby In a global economy witnessing passive consumer inflation, sluggish wage growth and falling commodity prices, some market observers have shown concern about the potential for deflation in developed markets. Last month, gold dipped below $1 200/oz, before recovering marginally, as inflation... 

Concerns about possible deflationary spiral  as commodity prices continue to slide

Renewable energy a tough sell for prospective RoF developers

By: Henry Lazenby Among the many challenges facing as many as 20 mining companies holding claims in the Ring of Fire (RoF) mineral region of Northern Ontario, the most significant might be the limited infrastructure. However, besides having to deal with exploration, project planning, First Nations negotiations and... 

Flinders clinches decade-long offtake agreement for Woxna product 

By: Henry Lazenby Vancouver-based Flinders Resources has signed a letter of intent under which ThyssenKrupp Metallurgical Products will sell graphite from the Woxna project, in central Sweden, for ten years. In a statement on Tuesday, Flinders noted that the agreement gave the ThyssenKrupp subsidiary the exclusive... 

Flinders clinches decade-long offtake agreement for Woxna product

In testing economic milieu, Till Capital sees more opportunity than risk

By: Henry Lazenby Despite not being “overnight-bullish” on the resources market, Bermuda-domiciled Till Capital has started an acquisitions phase driven by its hybrid investment strategy, rooted in the reinsurance business. This nontraditional approach has created a company with diversified investments, including... 

In testing economic milieu, Till Capital sees more opportunity than risk

Western Lithium opens organoclay plant in Nevada, eyes lithium prospects

By: Henry Lazenby Canadian firm Western Lithium USA this week ceremoniously cut the ribbon to its Hectatone organoclay plant in Fernley, Northern Nevada, as part of its strategy to supply specialty clays before year-end to the oil and gas sector, before adding battery-grade lithium to its product line-up from 2018... 

Western Lithium opens organoclay plant in Nevada, eyes lithium prospects

Canada Carbon sets ‘gold standard’ for graphite purity in pilot flotation tests 

By: Henry Lazenby The preliminary results from pilot-scale flotation processing of ore from Quebec-focused project developer Canada Carbon’s Miller property has set a new ‘gold standard’ in graphite purity obtained from simple flotation processing. The TSX-V-listed company last week reported that testing by... 

Canada Carbon sets ‘gold standard’ for graphite purity in pilot flotation tests

Commodities under pressure as China continues economic realignment

By: Simon Rees Commodity prices will continue to face near-term challenges that are linked to the dip in Chinese growth. However, support is likely to come from the country’s new economic agenda, Scotiabank VP and commodity market specialist Patricia Mohr told attendees at the recent Global Chinese Financial... 

Commodities under pressure as China continues economic realignment

Ivanhoe blasts media report alleging South African transgressions

By: Henry Lazenby Ivanhoe Mines on Wednesday hit back at a media report by Bloomberg that, among other accusations, alleged the company had rigged representative elections to a community trust that was set up as part of a broad-based black economic-empowerment (BBBEE) deal that gave 20 local communities a 26%... 

Ivanhoe blasts media report alleging South African transgressions

Largo Resources reports stable output at 40% capacity

By: Henry Lazenby TSX-V-listed Largo Resources on Tuesday said its Maracas Menchen mine, located in Bahia state, Brazil, was ramping up as planned, producing at a rate of between 8 t/d and 12 t/d of vanadium pentoxide, or about 40% of total capacity. The operation, which started production early August, had, to... 

Largo Resources reports stable output at 40% capacity

US growth to boost metals uptake despite muted prices

By: Simon Rees The US’s economic recovery is continuing to gather pace, supporting the physical demand for metals, export credit agency Export Development Canada VP and chief economist Peter Hall told members of the Canadian Institute of Mining’s Management and Economics Society last week. However, investment... 

US growth to boost metals uptake despite muted prices

Former Barrick CEO-led group to buy Iamgold niobium mine for $500m

By: Henry Lazenby Canadian gold miner Iamgold on Friday announced that it had agreed to sell its important Niobec niobium mine, in Quebec, to a group of companies led by Magris Resources, the investment company founded by former Barrick Gold CEO Aaron Regent, for $500-million in cash. TSX- and NYSE-listed Iamgold... 

Former Barrick CEO-led group to buy Iamgold niobium mine for $500m

Greenland appears headed for new election, opposition claims majority

By: Reuters The leader of Greenland's top opposition party said on Wednesday enough parliamentarians have crossed over to her side to bring about fresh elections after the prime minister took a leave of absence in a dispute over her use of public finances. The political turmoil is likely to paralyse the... 

Greenland appears headed for new election, opposition claims majority

PEA gives Namibia Rare Earths investors a sense of things to come

By: Henry Lazenby A preliminary economic assessment (PEA) of the Lofdal rare earths project, in Namibia, had given investors in project promoter Namibia Rare Earths their first positive indications of the economic potential of the project. The TSX-listed project developer on Wednesday reported the positive... 

PEA gives Namibia Rare Earths investors a sense of things to come

Richmont Mines to rush ramp progress at Island Gold mine, Ontario

By: Henry Lazenby Canadian junior gold producer Richmont Mines on Tuesday announced that it would accelerate ramp construction to the 1.1-million-ounce inferred resource extension below the corporation's cornerstone Island Gold mine, in Ontario. The TSX- and NYSE MKT-listed miner explained that it intended to ink... 

Richmont Mines to rush ramp progress at Island Gold mine, Ontario

Largo to raise C$30m to fund Maracas Menchen ramp-up

By: Henry Lazenby Vanadium producer Largo Resources on Monday launched a C$30-million equity placement to help fund operating capital needs as its flagship Maracas Menchen mine, in Brazil, which was ramping up to the first phase’s boilerplate capacity of 9 600 t/y. Under the nonbrokered private placement, Largo... 

Largo to raise C$30m to fund Maracas Menchen ramp-up

Ontario sets aside funding for mining research projects

By: Henry Lazenby Ontario Premier Kathleen Wynne on Friday announced government funding for several mining research projects aimed at creating jobs, reducing operating costs and enhancing miner safety. Wynne announced in Sudbury that the province would provide financial support through the Northern Ontario... 

Ontario sets aside funding for mining research projects

Flinders Resources opens graphite mine, doubles EU output potential

By: Henry Lazenby Vancouver-based Flinders Resources last week cut the ribbon to its Woxna mine, in central Sweden. The TSX-V-listed company became the first pure play, publicly listed graphite producer after successfully restarting the Woxna operation in July, potentially adding 11 000 t/y of flake graphite to... 

Flinders Resources opens graphite mine, doubles EU output potential

True North Gems starts Greenland ruby and sapphire mine construction

By: Henry Lazenby TSX-V-listed True North Gems on Tuesday announced that it had given orders to its joint-venture (JV) partner Leonhard Nilsen & Sonner Greenland (LNSG) to allow equipment to be mobilised and to inaugurate construction at the Aappaluttoq ruby and pink sapphire project, located in south-west... 

True North Gems starts Greenland ruby and sapphire mine construction

CSR uptake grows as mining companies continue to make errors in application 

By: Simon Rees The uptake of corporate social responsibility (CSR) programmes continues to grow as companies recognise their value in helping mitigate the threat of delays, opposition and resource nationalism, the Center for Responsible Mineral Development principal Tony Andrews told delegates at the... 

CSR uptake grows as mining companies continue to make errors in application

Newmont to restart Indonesia ops in 6 to 8 weeks after new permit

By: Henry Lazenby Senior gold producer Newmont on Tuesday morning reported that it expected to restart its shuttered Batu Hijau copper mine, in Indonesia, within six to eight weeks of receiving a permit. Speaking at the Denver Gold Forum, CEO Gary Goldberg said after striking an agreement with the Indonesian... 

Newmont to restart Indonesia ops in 6 to 8 weeks after new permit
Photo by PT Newmont Nusa Tenggara
Batu Hijau, Indonesia

Current activity a portent to future gold dearth

By: Henry Lazenby At the current rate of new gold deposit discoveries around the globe, new finds would only be able to replace about 600-million ounces, or half of the industry’s total output in the last 14 years. This was the stark message professional services firm SNL Metals & Mining VP of sales David Cox told... 

Current activity a portent to future gold dearth

Canada needs to act now to retain global mining leadership – MAC

By: Henry Lazenby In the face of an increasingly competitive global environment, the Mining Association of Canada (MAC) on Thursday called on all stakeholders in the country’s mining sector to act to ensure that Canada maintained its position as a global mining leader. In a speech to the Vancouver Board of Trade,... 

Canada needs to act now to retain global mining leadership – MAC

The quest for improved agricultural productivity spurs investor interest

By: Henry Lazenby Rising demand for protein and more sophisticated diets in developing countries are spurring investors to get excited about investing in fertilisers. The ‘protein story’ was still providing a good thesis for investment, as the developing world continued to consume more meat and dairy products,... 

The quest for improved agricultural productivity spurs investor interest

‘Productivity’ tops EY’s list of business risks facing the mining industry

By: Henry Lazenby Professional services firm EY on Wednesday said its yearly ‘Business risks facing mining and metals’ report had revealed that productivity, capital decisions and social licence to operate were the top three risks facing the sector this year. "Productivity claimed the top spot on this year's... 

‘Productivity’ tops EY’s list of business risks facing the mining industry

Five corruption myths dispelled

By: Henry Lazenby The corruption risk management team at Canadian risk mitigation firm CKR Global often encounter apparent misconceptions among members of senior management within the mining community about the extent of liability when it comes to operations on foreign soil and third-party agents operating there... 

Five corruption myths dispelled

Ivanhoe entrusts 26% of Platreef to 20 host communities in BBBEE deal

By: Henry Lazenby Africa-focused project developer Ivanhoe Mines, which is planning to build its $1.7-billioin flagship Platreef platinum group elements project in South Africa, on Thursday announced that it had finalised a broad-based black economic-empowerment (BBBEE) deal, giving 20 local communities a 26%... 

Ivanhoe entrusts 26% of Platreef to 20 host communities in BBBEE deal

Renewable-energy projects compete for capital in low-price milieu

By: Creamer Media Reporter Several industry pressures, ranging from greater competition for capital because of lower metal prices, to the expense of electrical energy storage, delay the widespread acceptance of renewable energy within the mining sector, Barrick Gold director of power projects Scott Fraser says. 

Renewable-energy projects compete for capital in low-price milieu

Orbite Aluminae completes first phase of HPA construction project

By: Henry Lazenby Canadian technology development company Orbite Aluminae on Wednesday reported that the first phase of building its 3 t/d high-purity alumina (HPA) facility at Cap-Chat, in Quebec, had been completed, placing the $105-million project on schedule to start commercial production in the first quarter... 

Orbite Aluminae completes first phase of HPA construction project

Largo ships first vanadium product

By: Henry Lazenby Vanadium producer Largo Resources announced on Tuesday that the first commercial shipment of vanadium pentoxide had left the Maracas Menchen mine’s gates, in Bahia State, Brazil. TSX-V-listed Largo pointed out that production rates were stabilising between 8 t/d and 12 t/d of material, which... 

Largo ships first vanadium product

StratMin Resources racing to lift volumes as new graphite demand beckons

By: Henry Lazenby Having started graphite production in April, Madagascar-focused StratMin Global Resources is on a mission to lift volumes and concentrate grades in anticipation of increased global demand in the medium term. The Aim-listed company’s MD Manoli Yannaghas told Mining Weekly Online in an interview... 

StratMin Resources racing to lift volumes as new graphite demand beckons
Photo by StratMin Global Resources
Loharano
First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
R/€ = 14.17Change: 0.03
R/$ = 11.07Change: 0.01
Au 1238.28 $/ozChange: -4.47
Pt 1258.00 $/ozChange: 3.00