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Project Management News

US Army Corps of Engineers selects third-party contractor to complete Pebble EIA 

By: Henry Lazenby     6th February 2018 The TSX-listed equity of copper/gold project proponent Northern Dynasty Minerals gained about 11% on Tuesday, after the US Army Corps of Engineers (USACE) announced that it had appointed a third-party contractor to undertake an environmental-impact assessment for the controversial Pebble project,... 

US stocks sink most since 2011 as rout deepens: markets wrap

By: Bloomberg     6th February 2018 US stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1 100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied and gold rose on haven demand. Volatility roared... 

US stocks sink most since 2011 as rout deepens: markets wrap

Glenover signs heads of agreement for potential offtake deal

By: Anine Kilian     5th February 2018 Aim-listed Galileo Resources’ 36%-owned Glenover Phosphate subsidiary has signed a heads of agreement for a potential offtake deal with an undisclosed major phosphate and fertiliser producer. Under the terms of the agreement, Glenover will supply the fertiliser producer with raw phosphate rock in... 

Joi Ito to headline #DisruptMining finale

By: Creamer Media Reporter      2nd February 2018 Tech mogul Joi Ito will deliver a keynote address at the #DisruptMining finale on March 4, during the annual Prospectors and Developers Association of Canada (PDAC) Conference, in Toronto. A director of the MIT Media Lab and professor of the Practice of Media, Arts and Sciences at MIT, Ito is an... 

Institute emphasises empowerment alternative

By: Tasneem Bulbulia     2nd February 2018 Government’s predilection for black economic empowerment (BEE) policies, which will be intensified should the new Mining Charter be implemented, will never achieve proper empowerment and transformation in the mining industry, posits research and policy organisation South African Institute of Race... 

Institute emphasises  empowerment alternative
Photo by Duane Daws
ALTERNATIVE POLICY An Economic Empowerment for the Disadvantaged policy would assist South Africans currently hampered by poor schooling, bad housing and a failing healthcare system

Pumping solutions positioned to address most pressing needs

By: Robyn Wilkinson     2nd February 2018 Mining equipment supplier Weir Minerals Africa has invested heavily in developing its infrastructure and resources to meet the challenges that the mining industry has faced over the past five years, modifying its products and streamlining its service offering to ensure that its pumping solutions... 

Pumping solutions positioned  to address most pressing needs
BETTER WEAR With the addition of advanced wear technology, the Warman WBH offers improved efficiency and equipment life

Aligning business, stakeholder expectations a lingering challenge

By: Nadine James     2nd February 2018 There is renewed impetus for the private sector to contribute to societal sustainable development and demonstrate impact, especially against the United Nations’ Sustainable Development Goals. However, aligning business and stakeholder expectations to create shared value remains a challenge, says... 

Mining companies need to become disruptors – Deloitte

By: Natasha Odendaal     31st January 2018 The key to a future in the mining sector increasingly lies in overcoming innovation barriers, embracing digitisation and unlocking the workforce of the future, as well as anticipating the digital mine of the future, Deloitte Global’s latest mining report shows. Deloitte Touche Tohmatsu’s tenth... 

Brazil, Peru to lead LatAm mineral project development to 2020

By: Henry Lazenby     30th January 2018 Boosted by higher commodity prices in general, miners are increasingly focusing on project development as healthier balance sheets allow them the opportunity to return to their long-term growth strategies. According to data supplied by Fitch-affiliated research firm BMI, two countries are... 

Brazil, Peru to lead LatAm mineral project development to 2020

Stakeholders can look forward to reinforced offering

26th January 2018 With countless networking opportunities vying for the attention of the numerous decision-makers flocking to Cape Town in February to attend the annual Investing in African Mining Indaba, the event’s organiser has reinforced its offering with the introduction of a Junior Mining Showcase as well as... 

Stakeholders can look forward  to reinforced offering
YOUNG PERSPECTIVE Reflecting the impact of the Fourth Industrial Revolution, the imperative remains to operate sustainably alongside young people’s expectation that mining delivers value for all stakeholders

Achieve sustainability through long-term budgets, risk assessments on health

By: Marleny Arnoldi     26th January 2018 For operational sustainability in the mining industry, mining decisionmakers need to take a proactive approach to protect and promote worker health, supporting productivity and to reduce legal liabilities associated with occupational disease. All of these could have significant direct and... 

Achieve sustainability through long-term  budgets, risk assessments on health
OFTEN OVERLOOKED International SOS says health risks are not always easy to quantify and end up being under-appreciated in mining companies’ budget allocations

African mining off course to achieve bullish growth forecasts

By: Nica Schreuder     26th January 2018 The short-term mining cycle looks positive for Africa, but the continent is “way off achieving bullish growth forecasts”, largely owing to regulatory and infrastructural constraints, advisory firm Deloitte energy and resources leader Andrew Lane tells Mining Weekly.  

African mining off  course to achieve bullish growth forecasts
EXPERT ACCESS It is important for Deloitte and its clients to engage on topical issues during the 2018 Investing in African Mining Indaba, with clients also enjoying having access to global experts

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.  

Company prefers  sponsoring event, expands African footprint
EXPANDING NETWORK FLSmidth is reaching out to Nigeria, Burkina Faso, Ethiopia, Tanzania, Kenya, Botswana, Mozambique, Madagascar, Angola and Cameroon to appoint agents and representatives

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

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