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Project Management News

Company prefers sponsoring event, expands African footprint

By: Marleny Arnoldi     26th January 2018 Minerals and cement industry equipment and services supplier FLSmidth will be the exhibit hall title sponsor for the Investing in African Mining Indaba for the third consecutive year.  

Exploration unit set to be launched at Indaba

By: Marleny Arnoldi     26th January 2018 Firm of consulting engineers and scientists SRK Consulting (South Africa) will launch its specialised unit, SRK Exploration Services, in Southern Africa at the Investing in African Mining Indaba, which will be held from February 5 to 8 at the Cape Town International Convention Centre.  

Exploration unit set to  be launched at Indaba
Photo by Duane Daws
MARCIN WERTZ Miners and explorers need to move decisively in terms of initiating new ventures and optimising current projects

Major mining software previewed at Indaba

By: Nadine James     26th January 2018 Mining software company MICROMINE will provide previews of its major product releases – Geobank 2018 and Micromine 2018 – at the Investing in African Mining Indaba, which will take place at the Cape Town International Convention Centre from February 5 to 8. The company will showcase its entire... 

Major mining software previewed at Indaba
PITRAM SOFTWARE Micromine launched a new version of Pitram in October 2017

Manufacturer expands offering

26th January 2018 To fill a perceived gap between Japanese multinational manufacturing corporation Komatsu’s PC600 and PC850 ranges of excavators, the company launched its PC700LC-8R SE (PC700) excavator in December last year, after consulting with many operators engaged in the global mining industry.  

Manufacturer expands offering
EXCAVATING INTEREST The first two units of Komatsu’s PC700 excavator range to reach South African shores are already hard at work

Online auctions free up working capital fast

By: Nica Schreuder     26th January 2018 Online mining equipment auctions have the potential to help stimulate growth in the African mining sector, says independent online auction solutions company Clear Asset MD and cofounder Ariella Kuper.  

Online auctions free up working capital fast
WARREN SCHEWITZ & ARIELLA KUPER Clear Asset strongly encourages the move to an online auctioneering space, arguing that it enhances returns, as acquiring equipment becomes more efficient and easy to manage

Junior projects lighting bright path into Africa for ‘search and solve’ group

By: Martin Creamer     26th January 2018 Motor and controls manufacturer Zest WEG Group, which designs, manufactures, markets and installs electrical products and solutions across the full electrical spectrum, is achieving great success with its new specially crafted ‘pavement pounding, search and solve’ business model that ensures... 

Junior projects  lighting bright path  into Africa for ‘search and solve’ group
LOIUS MEIRING Zest WEG is in the 'very fortunate position' of being involved in all project phases

Consultancy to partner with black entrants as they acquire Tier 1 coal assets 

By: Martin Creamer     26th January 2018 Project delivery and engineering consultancy WorleyParsons RSA is once again answering the call for transformation and broader economic participation of previously disadvantaged South Africans. The company’s latest initiative is black entrepreneur development in coal, which will be its key focus... 

Consultancy to partner with black entrants  as they acquire  Tier 1 coal assets
WorleyParsons RSA CEO Denver Dreyer discusses Mining Indaba plans with Mining Weekly’s Martin Creamer.

Presentation to bridge gap between mine planning and execution

By: Marleny Arnoldi     26th January 2018 A presentation on how technology-based consulting can help bridge the gap between planning and execution will be delivered by mine management solutions’ provider Modular Mining Systems (MMS) solution manager for customer value Sergio Rojas at the Investing in African Mining Indaba, which will be... 

Presentation to bridge  gap between mine planning and execution
OVERALL OPERATION Modular Mining Systems will exhibit its mining management platform at the Investing African Mining Indaba 2018

Corporation to strengthen partnerships at Indaba

By: Marleny Arnoldi     26th January 2018 State-owned financial services provider Export Credit Insurance Corporation (ECIC) is keen to deepen partnerships with South African exporters who offer their capital goods and services in international and emerging markets, including in Africa.  

Corporation to strengthen partnerships at Indaba
PAUL MOJALEFA PAUL MOJALEFA The Export Credit Insurance Corporation will exhibit to further promote and position its brand in the mining sector

ArcelorMittal to spend C$70m to upgrade Quebec-based Contrecoeur mill

By: Henry Lazenby     24th January 2018 Multinational steel producer ArcelorMittal will spend C$70-million to 2020 to upgrade its Contrecoeur steel mill, in Quebec. The upgrade plans include expanding rolling capacity by 100 000 t/y by replacing two reheating furnaces at its Contrecoeur-East wire rod mill for about C$30-million, and... 

Ford complains rising metals costs hurt profits, rivals unphased

By: Reuters     24th January 2018 When Ford Motor reports fourth-quarter results on Wednesday afternoon, it is expected to fret that rising metals costs have cut into profits, even as rivals say they have the problem under control. Aluminium prices have risen 20% in the last year and nearly 11% since December 11. Steel prices... 

Goldman, Citi final bidders for Scotiabank's metals business – sources

By: Reuters     24th January 2018 The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, has narrowed to two, three banking and industry sources said on Wednesday. The two - Goldman Sachs Group and Citi - are undertaking due diligence checks, the sources said. 

2018 minerals-focused financings off to slow start

By: Henry Lazenby     22nd January 2018 In the wake of a slow start to mineral-focused financing activity, analysts are predicting more of the same for at least the first four months of 2018. This year is also not expected to surpass 2017 in the number and value of mineral-focused financings undertaken at the market, data company... 

Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives

By: Henry Lazenby     22nd January 2018 Government policy advocacy and fostering genuine fact-based conversations among all stakeholders in the minerals exploration and mining industries are main priorities for the Association for Mineral Exploration British Columbia (AME BC) this year. "Government is increasingly getting more... 

Policy advocacy, tech innovation and fact-based talks key 2018 AME BC objectives
Photo by AME BC
AME BC President & CEO Edie Thome

Environment watchdog orders Barrick to close Chilean side of giant Pascua-Lama project

By: Henry Lazenby     19th January 2018 Chile's superintendent of the environment has ordered mining major Barrick Gold to close the Chilean side of the massive, but stalled Pascua-Lama gold/silver project straddling the border between Argentina and Chile. The Superintendencia del Medio Ambiente (SMA) announced a revised sanction on... 

Environment watchdog orders Barrick to close Chilean side of giant Pascua-Lama project

Miner prioritises zinc production in strong market

19th January 2018 Canadian miner Nevsun Resources has ensured improved zinc recoveries at its zinc/copper/gold Bisha mine, in Eritrea, through its decision in August to allocate additional capital to the mine and delay the delivery of the prefeasibility study (PFS) for its Serbia-based Timok copper/gold to the... 

Miner prioritises zinc production in strong market
STRATEGY PAYS OFF Nevsun was able to provide an additional $24-million for Bisha to improve recoveries and increase the total material movement to meet requirements for the updated life-of-mine plan

Bakubung Koepe rope-up procedure successfully completed

By: Victor Moolman     19th January 2018 South Africa’s first locally designed and built mobile rope-handling system, engineered for installing both head and tail ropes onto a four-rope Koepe friction winder, was successfully used at Wesizwe Platinum’s Bakubung mine in the North West. The system was designed and manufactured by the Tech... 

S Africa may lose out to other African gas sectors

By: Victor Moolman     19th January 2018 Several major international independent power producers and power generation developers are interested in South Africa’s gas-to-power programme (GPP), for which direction in the form of request for quotations and request for proposals from the Department of Energy (DoE) is keenly awaited.... 

S Africa may lose out to other African gas sectors
Photo by Reuters
OILY CHALLENGES Owing to external issues, such as global market decline, some African oil-producing countries are facing increased challenges

Nkomati mine tailings pipeline project set for completion next month

By: Mia Breytenbach     19th January 2018 Multidisciplinary engineering services provider TDS Projects Construction, in partnership with Robor Pipe Systems, has started construction of 13-km-long tailings pipeline for the Nkomati nickel mine’s Onverwacht site, in Mpumalanga. Reports from site indicate that the project is on track for... 

Nkomati mine tailings pipeline project set for completion next month
PROJECT PROGRESS All the pipes required for the project have been delivered and more than 4 500 m of piping have been installed to date

BHP second-quarter iron-ore output up 3%, maintains forecast

By: Reuters     18th January 2018 Global miner BHP on Thursday reported a 3% rise in second-quarter iron-ore production year over year and said it expects to meet its full-year target as prices for the steelmaking ingredient outperform forecasts. BHP's iron-ore output climbed to 72-million tonnes for the three months ended... 

BHP second-quarter iron-ore output up 3%, maintains forecast

Canadian miners welcome new federal business ethics ombudsman

By: Henry Lazenby     18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... 

Canadian miners welcome new federal business ethics ombudsman

WoodMac urges automakers to ‘get out their chequebooks’, secure energy metal supplies

By: Henry Lazenby     17th January 2018 Auto manufacturers are ramping up strategies to cash in on the accelerating worldwide acceptance and demand for electric vehicles (EVs), prompting advice from research and consultancy group Wood Mackenzie for automakers to ‘get out their chequebooks’ and take stakes in mines or new mine projects... 

WoodMac urges automakers to ‘get out their chequebooks’, secure energy metal supplies

Miners bolster senior ranks in preparation for fast-paced 2018

By: Henry Lazenby     16th January 2018 Several Canadian listed miners reported senior management changes on Tuesday. Marine mining hopeful Nautilus Minerals announced Tuesday that Tariq Al Barwani has been appointed to the role of nonexecutive chairperson. Al Barwani joined the board in May 2016. He is a director and shareholder of MB... 

Tahoe fires 25% of Escobal workforce as Guatemala court process dawdles

By: Henry Lazenby     15th January 2018 TSX- and NYSE-listed Tahoe Resources, whose flagship Escobal mine, in Guatemala, continues to languish in care and maintenance following a court-ordered suspension of its mining permit in July 2017, has moved to reduce the mine’s workforce by 25%, the miner announced on Monday. The... 

Nutrien gains on first trading day as Agrium, PotashCorp complete merger

By: Henry Lazenby     3rd January 2018 The TSX-listed equity of freshly minted fertiliser producer, distributor and retailer Nutrien gained nearly 6% on Tuesday – its first trading day following closure of the transaction on New Year’s day. The ‘merger of equals’ has created a new top-tiered fertiliser company with a total market... 

Nutrien gains on first trading day as Agrium, PotashCorp complete merger

Even with Trump minerals order, US miners seen trailing China

By: Reuters     23rd December 2017 Even if Donald Trump’s initiative on 'critical minerals' strengthens the US mining industry, domestic companies would still struggle to compete with low-cost Chinese competitors, according to Bloomberg Intelligence. The president signed an executive order this week to identify new US sources of... 

Even with Trump minerals order, US miners seen trailing China

Money hungry Nautilus weighs funding options as project challenges mount

By: Henry Lazenby     22nd December 2017 Marine mining pioneer Nautilus Minerals is in active discussions with a range of potential financiers and shareholders to secure the funding required to start mining the Solwara 1 project, offshore Papua New Guinea (PNG), the company said on Thursday. The company has thus far been unsuccessful to... 

Money hungry Nautilus weighs funding options as project challenges mount

Northern Dynasty ready to file application for Pebble’s US CWA 404 permit

By: Henry Lazenby     21st December 2017 Canadian project promoter Northern Dynasty Minerals announced on Thursday that its US-based subsidiary Pebble Limited Partnership (PLP) is ready to file an application for a US Clean Water Act (CWA) 404 permit with the US Army Corps of Engineers on Friday. “At the outset of 2017, we established... 

Northern Dynasty ready to file application for Pebble’s US CWA 404 permit

SP Angel outlines key 2018 trends as battery raw materials heat up

By: Creamer Media Reporter      21st December 2017 London-based brokerage SP Angel has outlined the key trends that characterised the basket of energy metals during 2017 and the the outlook for 2018 in its new ‘Battery Raw Material Review, Outlook – SP Angel Commodity Research Book’ published on Wednesday. The report pointed out that the... 

SP Angel outlines key 2018 trends as battery raw materials heat up

First Quantum breathes new life into Northern Dynasty’s Pebble project

By: Henry Lazenby     18th December 2017 Base metals miner First Quantum Minerals has signed a framework agreement with Northern Dynasty Minerals to work on formalising an option on the controversial Pebble copper/gold project, in south-east Alaska. The announcement on Monday breathes new life into the project billed as the largest... 

First Quantum breathes new life into Northern Dynasty’s Pebble project

Eighth high-value Angolan diamond discovered

15th December 2017 Australian diamond mining and exploration company Lucapa Diamonds’ Lulo mine, in Angola, delivered pleasing diamond recoveries in November, on the back of the eighth discovery larger than 100 ct at the mine, reinforcing a strong performance from its operations in October, states MD Stephen... 

Eighth high-value Angolan  diamond discovered
LUCAPA PRIDE The Type IIa-D diamond was discovered in Angola last month

Initial mining programme expected to start next year

15th December 2017 Marine and land-based mining company Diamond Fields International has reaffirmed its commitment to its Namibian operations, announcing at the start of November an initial mining programme for its ML111 licence in offshore Namibia in 2018.  The initial mining programme for the licence area will... 

Initial mining programme expected to start next year
YO TOIVO The vessel is designed to provide efficient and effective mining of diamonds on the seafloor

Lesotho mine delivers another high-value diamond

15th December 2017 Global diamond producer Gem Diamonds’ Letšeng diamond mine in Lesotho yielded a high-quality 202 ct Type IIa-D colour, the seventh diamond over 100 ct to be recovered this year. The announcement marks the seventh diamond of over 100 ct to be recovered in 2017 from Letšeng. The mine, it is... 

Lesotho mine delivers  another high-value diamond
PICTURE PERFECT The Letšeng mine, located in Lesotho, which is claimed ot be the highest dollar-per-carat kimberlite diamond mine in the world

Underground mine plans for Karowe moving forward

15th December 2017 The results of a preliminary economic assessment (PEA) announced by diamond miner Lucara Diamonds in November demonstrate the potential economic viability for the development of an underground mine at Karowe, in Botswana. The development of the underground mine is planned after the completion of... 

Underground mine plans for Karowe moving forward
KAROWE OPENPIT The Karowe mine located in Botswana has valuable resources located underground

Fast-paced developments at Prieska benefit all stakeholders

By: Robyn Wilkinson     15th December 2017 Australian minerals explorer Orion Minerals’ activity at the Prieska zinc/copper mine present an “unparalleled” value creation opportunity for investors and shareholders while promoting and supporting critical socioeconomic development in the Northern Cape, says Orion Minerals MD Errol Smart.  

Fast-paced developments at Prieska benefit all stakeholders
PROJECT ADVANCES Sixteen drill rigs are operating on site in a dual-focused drill programme that aims to confirm the extensive historical drilling database on the remaining mineralisation at Prieska

New South African zinc mine going digital

15th December 2017 Zinc miner Vedanta Zinc International (VZI) is collaborating with digital industrial company GE South Africa to implement a Smart Ore Movement system at its flagship Gamsberg project, in the Northern Cape, to ensure that best practices are in place when the mine goes into production next year. 

New South African zinc mine going digital
Photo by Duane Daws
STARTING ON THE RIGHT FOOT The Smart Ore Movement system will be implemented in the development phase of the Gamsberg project rather than retrofitted once the mine is on line

Zinc miner secures its position in global top ten producers

By: Robyn Wilkinson     15th December 2017 Zinc miner Trevali Mining Corporation has added high-quality zinc production to its existing portfolio and expanded its asset and geographic diversification this year, securing its position as a global top-ten zinc producer. 

Zinc miner secures  its position in global top ten producers
ROSH PINAH Namibia is an attractive mining jurisdiction, hosting many operating mines, including Rosh Pinah

Company fills gap in market

By: Marleny Arnoldi     15th December 2017 Platinum group metal (PGM) tailings reprocessing company Tailing Technology (Tailtech) is investigating the potential development of a tailings plant to add value to an existing operation owned by platinum miner Anglo American Platinum (Amplats).  

Company fills gap in market
SEIZING OPPORTUNITY Tailing Technology saw a gap in the market for the installation of a plant at the back-end of an existing mine to retreat tailings material

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