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Project Management News

Madaouela and Mutanga uranium projects ready for development

By: Donald Makhafola     25th May 2018 Canadian uranium company GoviEx Uranium’s two projects, the Madaouela project, in Niger, and the Mutanga project, in Zambia, are fully licensed, and the junior company is ready to start the development of these projects to improve supply to the world uranium market. “We have made several... 

Euro Sun says Rovina Valley mining licence working its way through Romania govt

By: Henry Lazenby     24th May 2018 TSX-listed project developer Euro Sun Mining reported on Wednesday that the mining licence for its flagship Rovina Valley copper/gold project, in Romania, is working its way through government, with the National Agency for Mineral Resources and the Secretary General of Government (SGG) having... 

Barrick, Goldcorp to convert Pueblo Viejo power plant to natural gas

By: Henry Lazenby     14th May 2018 Barrick Gold and Goldcorp’s Pueblo Viejo Dominicana Corporation (PVDC), in the Dominican Republic, will convert the Quisqueya I power generation facility from heavy fuel oil (HFO) to natural gas, with the expectation of saving about $54/oz of gold produced over the remaining life of the... 

Pre-construction work gets under way at Nevada Copper’s promising Pumpkin Hollow

By: Henry Lazenby     11th May 2018 The proponent of what will probably be North America’s next new copper mine development, Nevada Copper, has signed a pre-works agreement with Cementation USA and secured key long-lead time items, further derisking the restart of construction of the company's fully permitted and shovel-ready... 

Pre-construction work gets under way at Nevada Copper’s promising Pumpkin Hollow
Photo by Nevada Copper
Nevada Copper's Pumkin Hollow underground shaft

Maptek’s Evolution 5 provides intelligent optimisation approach

11th May 2018 Software, hardware and services provider Maptek continues to stamp its ownership on the global mine scheduling market through an intelligent optimisation approach, with the company’s latest milestone, Evolution 5, announced last month. Generating an optimised mine schedule with practical... 

Maptek’s Evolution 5 provides intelligent  optimisation approach
SCHEDULING SOLUTION Maptek’s Evolution 5 delivers an updated interface for scheduling with attributed solids

Integrated mining software championed

By: Tasneem Bulbulia     11th May 2018 The constant evolution and innovation of technology have prompted mining houses to move away from “disparate” legacy systems and pursue integrated and easy-to-use software tools instead, global consulting and technology company Deswik South Africa MD Ian Lawler tells Mining Weekly. Lawler... 

Integrated mining  software championed
UNIQUE FACET Deswik.Enviro is fully integrated with the rest of the Deswik suite and it enables mining companies to account for the cost of closure when doing a life-of-mine plan

Local market welcomes launch of SRK Exploration Services

By: Nadine James     11th May 2018 The local and sub-Saharan African market has responded “very positively” to the establishment of SRK Exploration Services, a discipline-led division of SRK Global, says SRK Exploration Services Southern African exploration manager Oliver Bayley. He explains that the Cardiff-based division... 

Local market welcomes launch  of SRK Exploration Services
HENNIE THEART AND OLIVER BAYLEY The growing ranks of midtier and junior mining companies who lack in-house technical ability has created an untapped market for SRK

Company continuously enhances core technologies

By: Jessica Oosthuizen     11th May 2018 Mine management solutions provider Modular Mining Systems (MMS) is continuously working on making value-added enhancements to its core technologies, says MMS MD Lourens du Plessis. He says customer feedback plays an important role in how the company’s solutions evolve over time. “By engaging with... 

Company continuously  enhances core technologies
LOURENS DU PLESSIS We are committed to assisting our customers in Africa to remain globally competitive

Higher metals prices prop up BC mining industry in 2017 – PwC

By: Creamer Media Reporter      10th May 2018 British Columbia's mining industry remained upbeat in 2017, as prices for most metals and minerals produced in the province continued to steadily recover from multiyear lows. Although most commodity prices remain below the record highs seen in 2011, the recent increases are part of an upward... 

400% price hike prompts Energy Fuels to restart vanadium recovery at White Mesa

By: Henry Lazenby     9th May 2018 A 400% rise in vanadium pentoxide (V2O5) prices over the last 24 months has prompted US-based uranium producer Energy Fuels to resume vanadium recovery operations at its flagship White Mesa mill, in Utah, this year. The lithium-ion battery-making ingredient has reached new ten-year highs of more... 

Largo profit takes off as vanadium prices spike

By: Henry Lazenby     7th May 2018 A 164% spike in vanadium pentoxide (V2O5) prices over the past 12 months has resulted in Canadian producer Largo Resources swinging back into the black for the first three months of 2018, the company reported on Monday. Based in Toronto, with its flagship Maracás Menchen mine and mill located in... 

Largo profit takes off as vanadium prices spike

Northwest Territories gets shortest end of straw as mining boosts Nunavut, Yukon economies

By: Henry Lazenby     1st May 2018 A lack of new mining projects in the development pipeline of Canada’s Northwest Territories (NT) is threatening to derail the region’s economic growth outlook, the latest ‘Territorial Outlook’ by The Conference Board of Canada (CBoC) has found. The independent Ottawa-headquartered think tank... 

Captive Canadian miners decry minister’s move on Bill C-49

By: Henry Lazenby     30th April 2018 Canadian miners are voicing frustration and concern over the federal government’s removal of a Senate amendment relating to final offer arbitration (FOA), and with its modification of an amendment giving the Canada Transportation Agency own-motion power, in Bill C-49 – legislation that amends the... 

N American oil & gas, mining sectors released a third of total 2013 pollution – report

By: Henry Lazenby     25th April 2018 A new report that fine-combed the national pollutant release and transfer registers (PRTRs) of Canada, the US and Mexico to explore pollutant data reported by industrial facilities, has pointed to the critical need to standardise the way information is collected across the three jurisdictions,... 

N American oil & gas, mining sectors released a third of total 2013 pollution – report

Freeport stock tanks on disappointing Q1 earnings, Indonesia fears

By: Henry Lazenby     25th April 2018 US diversified miner Freeport McMoRan’s (FCX’s) NYSE-listed stock lost as much as 17% on Tuesday following disappointing first-quarter financial results and a lowered copper production outlook. Phoenix, Arizona-based Freeport’s president and CEO Richard Adkerson expressed shock and disappointment... 

Caterpillar ups profit outlook on doubling Q1 headline profit, record earnings

By: Henry Lazenby     24th April 2018 Global mining and construction equipment manufacturer Caterpillar has reported record first-quarter profit as strength in many of its end-markets and a strong emphasis on cost control boosted margins. The Deerfield, Illinois-based company reported adjusted profit of $2.82 a share – up 120%... 

Caterpillar ups profit outlook on doubling Q1 headline profit, record earnings

Ivanhoe reaches Platreef Shaft 1 milestone 750 m below surface

By: Henry Lazenby     23rd April 2018 Blockbuster mine developer Ivanhoe Mines has reached a significant development milestone at its Platreef platinum/palladium/ gold/nickel/copper discovery on the northern limb of South Africa’s Bushveld Complex, after Shaft 1 has reached a depth of 750 m. Lateral development will take place from... 

Ivanhoe reaches Platreef Shaft 1 milestone 750 m below surface

Mining equipment supplier Weir buys US market leader Esco in $1.3bn tie-up

By: Henry Lazenby     19th April 2018 UK-based mining equipment dealer Weir has signed a binding $1.29-billion accord to buy Portland, Oregon-based Esco – a local market leader in the mining, construction and industrial markets. "We are acquiring a high-quality business at the right time, with the market in the early stages of its... 

Mining equipment supplier Weir buys US market leader Esco in $1.3bn tie-up

Northcliff hopeful of ‘timely conclusion’ of Sisson permitting

By: Henry Lazenby     18th April 2018 Project developer Northcliff Resources is hopeful for a timely conclusion of the amendment process of the applicable metal mining effluent regulations, in consultation with all stakeholders and led by Environment Canada and Climate Change, for its Sisson tungsten/molybdenum mine, in New... 

Vale achieves best-ever quarterly sales in Q1, despite slide in iron output

By: Henry Lazenby     17th April 2018 Brazilian diversified miner Vale has reported its best first-quarter iron-ore sales ever despite production of the iron-making ingredient slipping somewhat during the three-month period. The company reported that output during the quarter ended March 31 slipped 4.9% year-on-year to 81.95-million... 

Vale achieves best-ever quarterly sales in Q1, despite slide in iron output
Photo by Vale
Vale's massive new SD11 mine, in Brazil

Largo eyes 25% Maracás Menchen capacity increase, plant improvements

By: Henry Lazenby     16th April 2018 Vanadium producer Largo Resources is looking to increase the production capacity at its flagship Maracás Menchen mine, in Brazil’s Bahia state, by 25% from the current 800 t/m to 1 000 t/m, it said in a statement on Monday. These improvements translate to a 200 t of additional vanadium pentoxide... 

Largo eyes 25% Maracás Menchen capacity increase, plant improvements

First ‘Resources for Future Generations’ conference to be held in Vancouver

By: Henry Lazenby     13th April 2018 The Resources for Future Generations conference (RFG2018) is scheduled to make its debut on the Canadian resource conference circuit between June 16 and 21, in Vancouver, and is shaping up to be an event unlike the myriad of competing forums held in Canada throughout the year. RFG2018 chairperson... 

First ‘Resources for Future Generations’ conference to be held in Vancouver
Photo by Resources for Future Generations Conference
RFG2018 chairperson John Thompson

West and Central African Mining Summit to tackle vital issues

13th April 2018 The upcoming tenth West and Central African (WaCA) Mining Summit and Expo will showcase the dynamism and resilience of the mining industry in these regions, as well as explore the challenges facing mining in the region, with speakers that will cover various topics that have significant impact on... 

West and Central African Mining Summit to tackle  vital issues
PRESSING MATTERS The West and Central African Mining Summit and Expo will discuss the most pressing issues facing mining in the region

Services provider targets sub-Sahara

By: Melissa Zisengwe     13th April 2018 Dubai-based remote site construction and services provider RA International (RA) aims to introduce its broad service-offering to the sub-Saharan Africa mining industry. The company aims to provide a variety of packaged solutions, such as turnkey accommodation, facilities maintenance, plant and... 

Services provider targets sub-Sahara
TAILORED SERVICES RA International’s site analysis allows for service delivery tailored for the African region

Software, digitalisation to enhance mining productivity, efficiency

By: Mia Breytenbach     13th April 2018 Amid the recent economic downturn, with the global mining industry having to deal with volatile commodity prices, as well as the increasing need to improve operational efficiencies and address safety concerns, mining software solutions provider MICROMINE global marketing manager Kate Gilbey... 

Software, digitalisation to enhance mining productivity, efficiency
INCREASING AWARENESS Mining companies recognise the need to improve their processes to increase productivity and output and, ultimately, realise a healthier bottom line

Services demand in Africa rising

By: Melissa Zisengwe     13th April 2018 Over the past two years, local mining engineering consultancy Ukwazi has registered a rise in demand of between 20% and 30% for its service offering across Africa. The demand can mostly be attributed to the openpit operations across South Africa and Africa, but also to openpit operations... 

Services demand in Africa rising
SERVICES DEMAND Ukwazi has a pipeline of clients requesting additional services, mostly in the Southern Africa region

TSX-V conditionally approves listing of Altus Strategies’ shares

By: Marleny Arnoldi     12th April 2018 Africa-focused exploration project generator Altus Strategies has received conditional approval from the TSX Venture Exchange (TSX-V) to list the company’s ordinary shares on the exchange.  

Canada's Saskatchewan sees smaller fiscal deficit as spending kept tight

By: Reuters     11th April 2018 The Canadian province of Saskatchewan, home to major potash and uranium reserves, said on Tuesday it would run a smaller deficit in the current fiscal year and balance its books in 2019/20 as it keeps a tight lid on spending despite projected higher commodity prices. Saskatchewan, which has... 

Global trade politics cast shadow over Canadian M&A action – Oreninc

By: Henry Lazenby     10th April 2018 Market volatility continues to rattle the stock markets and metals commodities are alternately coming under pressure and recovering as US President Donald Trump and China stand-off over trade, or more specifically, their bilateral trade balance. It was against this backdrop that data company... 

Vanadium batteries need 'Elon Musk moment' to kick-start market

By: Bloomberg     10th April 2018 Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share centre stage with other energy-storage components such as lithium and cobalt. “When we get that moment, we’re off to the races,” Vincent Algar, MD of Australian Vanadium, said in... 

US to lead global crude production as soon as 2023 – IEA

By: Henry Lazenby     10th April 2018 US shale production growth is expected to lift the jurisdiction to being the top oil producer globally by 2023, a report from the International Energy Agency (IEA) has shown. According to the IEA, US output will expand by 3.7-million barrels a day, more than half of the world’s expected... 

Kinder Morgan suspends Trans Mountain Expansion project as political firestorm heats up

By: Henry Lazenby     9th April 2018 Pipeline operator Kinder Morgan Canada (KMC) has placed non-essential activities and related spending to twin an existing crude oil pipeline between Alberta and British Columbia on ice, as opposition to the project in British Columbia intensifies. The C$7.4-billion project, which was previously... 

Kinder Morgan suspends Trans Mountain Expansion project as political firestorm heats up

Plug-and-play IoT edge gateway launched for industry, mining

By: Schalk Burger     6th April 2018 Information technology (IT) hardware multinational DellEMC and local Internet of Things (IoT) developer IoT.nxt have launched an edge computing device, called the Raptor, which enables businesses to deploy an IoT network in their operational environments to integrate existing sensors and... 

Initial public offerings slow during Q1 as volatility keeps investors at bay

By: Henry Lazenby     2nd April 2018 Initial public offerings (IPOs) on Canadian stock exchanges took a breather during the first quarter of this year, as issuers and investors digest a slew of relevant factors such as the implications of interest rate hikes, recent US tax changes, market volatility and threats to world trade,... 

Initial public offerings slow during Q1 as volatility keeps investors at bay

Vedanta wins bid to buy bankrupt Electrosteel Steels

By: Reuters     2nd April 2018 Vedanta, the Indian unit of diversified mining group Vedanta Resources, said on Saturday it had won in an auction to acquire bankrupt Electrosteel Steels. The transaction, financial details of which were not disclosed, is part of India's new bankruptcy law, which is aimed at cutting close to... 

Modular buildings supplier aims to expand its African footprint

By: Melissa Zisengwe     30th March 2018 The remote locations of African mine sites represent a significant business growth opportunity for prefabricated modular buildings supplier Kwikspace, says Kwikspace sales executive Roberto Campos. 

Modular buildings  supplier aims to expand  its African footprint
MINE-SITE OFFICES The South African mining sector has been Kwikspace’s biggest customer

Preventive maintenance project for remote site facilities under way

By: Melissa Zisengwe     30th March 2018 Mass accommodation product supplier Ascot Site Solutions will provide preventative maintenance on current and future equipment at a project on a remote copper mine site, in the Democratic Republic of the Congo (DRC). 

Preventive maintenance project for remote site facilities under way
RHETT BELLAMY It is our goal to make sure clients don’t suffer through endless breakdowns

‘Home away from home’ accommodation for mine

By: Melissa Zisengwe     30th March 2018 Prefabricated site accommodation supplier Speedspace completed the installation of a management camp for diversified miner Vedanta Resources’ zinc subsidiary Vedanta Zinc International’s Gamsberg project in February. 

‘Home away from home’ accommodation for mine
ACCOMMODATION CAMP Speedspace provided comfortable customised modular accommodation units

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