http://www.miningweekly.com
R/€ = 16.89 Change: -0.01
R/$ = 14.37 Change: 0.00
Au 1199.12 $/oz Change: 0.68
Pt 828.00 $/oz Change: -0.41
 

Project Management News

Technical report spells ‘bright future’ for Largo’s Maracás Menchen mine

By: Henry Lazenby     26th October 2017 Canadian vanadium producer Largo Resources has released the results of a National Instrument 43-101-compliant technical report for its flagship Maracás Menchen mine, in Bahia, Brazil, outlining increased value of the mine and a significantly longer mine life, based on the development of several... 

Bullish Caterpillar rebounds, beats Q3 profit, revenue forecasts

By: Henry Lazenby     24th October 2017 US industrial equipment manufacturer Caterpillar has surprised investors with a significantly higher profit for the three months ended September, as higher sales volume and its focus on cost discipline resulted in improved profit margins across the three main business segments. The Deerfield,... 

Bullish Caterpillar rebounds, beats Q3 profit, revenue forecasts

Eldorado once more pares Kisladag guidance as recoveries lag

By: Henry Lazenby     23rd October 2017 Canadian miner Eldorado Gold has once more reduced the production guidance at its low-grade, Turkey-based Kisladag mine, as recoveries continue to lag behind plan. Vancouver-based Eldorado, which also maintains equity listings on the TSX and NYSE, advised on Monday that monthly composite samples... 

Eldorado once more pares Kisladag guidance as recoveries lag
Photo by Eldorado Gold
Kisladag, Turkey

Global steel production for 9 months to Sept up 5.6% y/y

By: Anine Kilian     23rd October 2017 Global crude steel production for the first nine months of this year reached 1.27-billion tonnes – a 5.6% year-on-year increase. The World Steel Association (worldsteel) on Monday reported that Asia had produced 876.3-million tonnes of crude steel in the first nine months of this year, an... 

ECSA renews Wits School of Mining accreditation

By: Dylan Slater     20th October 2017 The accreditation of University of the Witwatersrand’s (Wits) School of Mining Engineering has been renewed for another five-year cycle by the Engineering Council of South Africa (ECSA).  

ECSA renews Wits School of Mining accreditation
CUTHBERT MUSINGWINI Renewal of the Wits School of Mining Engineering’s ECSA accreditation illustrates the high standard of the school’s standard

South Africa spending less than its peers on mining research and development

By: Mia Breytenbach     20th October 2017 While South Africa had increased its investment in mining research and development (R&D) since 2014, the country’s investment was still below that of its peers, delegates heard during a panel discussion on ‘Technological Innovation and Advancements in the Mining Industry’ at the Joburg Indaba... 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

By: Mia Breytenbach     20th October 2017 Amid low levels of capital project activities in South Africa, the $400-million Gamsberg zinc and lead project, in the Northern Cape, has become the largest mining project under execution in the country. “Commentators have noted that this significant investment in the South African mining... 

Gamsberg zinc project a thumbs up for South Africa amid investment slowdown

BHP on track for 7% volume growth in FY18; guidance intact

By: Henry Lazenby     18th October 2017 The world’s largest mining house BHP Billiton said on Wednesday it remained on track for a 7% volume growth in the 2018 financial year, leaving its full-year 2018 guidance unaltered. The Melbourne, Australia-based miner reported its operating results for the three months ended September 30,... 

BHP on track for 7% volume growth in FY18; guidance intact

‘Digital effectiveness’ tops EY’s 2017/18 risk radar

By: Henry Lazenby     18th October 2017 Professional services firm EY Global has revealed it annual ‘Top 10 business risks facing mining and metals’ report on Tuesday, with new entry ‘digital’ topping the list of most critical risks facing the mining industry in the coming year. This year’s report has seen a reshuffling with digital... 

‘Digital effectiveness’ tops EY’s 2017/18 risk radar

Miners beware growing cyber risk

By: Henry Lazenby     17th October 2017 Cyber risk has increased in prominence on professional services firm EY’s annual ‘Top 10 business risks facing mining and metals’ report, jumping to third position from ninth in 2016. According to EY's report, which was published on Tuesday, cyber risk is an ever-growing issue – an outcome of... 

Miners beware growing cyber risk

Four mining legends to be inducted in Canada’s Mining Hall of Fame

By: Henry Lazenby     17th October 2017 The Canadian Mining Hall of Fame (CMHF) has revealed that it will induct four mining legends to its ranks early in the new year, the organisation announced on Monday. Ross Beaty, Bob Gannicott, Terry MacGibbon and Ed Thompson will be added to the group of 177 hall of famers during a ceremony to... 

Mining licence application submitted to Tanzanian govt

13th October 2017 Junior graphite developer Walkabout Resources has submitted a mining licence application to the Ministry of Energy and Minerals of Tanzania for the Lindi Jumbo mine. The application, submitted last month, was prepared in compliance with the recently promulgated amendments to Tanzania’s Mining Act... 

Zinc deficit grows 30% in first eight months of 2017; lead narrows gap – ILZSG

By: Henry Lazenby     11th October 2017 The zinc supply gap has widened by 30% year-on-year for the first eight months of this year, new data published by the International Lead and Zinc Study Group (ILZSG) shows. The Lisbon, Portugal-based organisation on Wednesday said the zinc deficit had grown from 221 000 t over the same... 

Zinc deficit grows 30% in first eight months of 2017; lead narrows gap – ILZSG

Investor appetite for mining projects can be whetted by accurate project scopes – DRA

By: Schalk Burger     10th October 2017 To attract investment, it has become necessary for organisations to complete projects under budget and well ahead of schedule, diversified engineering multinational DRA Global CEO Wray Carvelas says. While investment appetite seems to be returning to the mining sector as investors look to unlock... 

First Cobalt samples high-grade mineralisation styles among historic Cobalt Camp mines

By: Henry Lazenby     6th October 2017 Project consolidator First Cobalt has sampled high-grade mineralisation styles from several historic mines it owns in the prospective Cobalt Mining Camp, in Ontario, located about 400 km north of Toronto. The Toronto-headquartered company announced on Thursday that high-grade vein style... 

This junior miner surged five-fold on mine asset sale

By: Bloomberg     6th October 2017 West High Yield Resources, a little-known Canadian miner, surged as much as 1 000% after it said it sold a magnesium deposit to a US buyer for $750-million – or 46 times the company’s market value. West High Yield, which has no revenue, jumped five-fold in Toronto trading to close at C$2 after... 

Capital-saving solutions for crushing and screening

6th October 2017 Rising commodity prices reinvigorate the potential of new mining projects, but raising enough finance still remains a challenge; however, crushing and screening plants specialist B&E International has a toll model that reduces capital demands on mining entrepreneurs. “This concept appeals to the... 

Conveyor belt manufacturer expands national footprint

By: Marleny Arnoldi     6th October 2017 Conveyor belt manufacturer and service provider ContiTech – a subsidiary of global technology company Continental – will open two new service branches in South Africa, adding to its national service footprint.  

Conveyor belt manufacturer expands national footprint
LONG LASTING ContiTech provides a splice that can last the service life of a conveyor belt

The Krugerrand’s remarkable contribution to SA mining value-addition 

By: Ilan Solomons     6th October 2017 The gold bullion Krugerrand represents a most remarkable story from a beneficiation perspective with more than 60-million pieces sold over the past 50 years, equating to more than 1 660 t of local gold used in the process with about 25% of all South African gold sold currently in the form of... 

The Krugerrand’s remarkable contribution to SA mining value-addition
Special video report on the Krugerrand.

Serendipity smiles on Largo’s Maracás Menchen record output as vanadium price rockets 249% y/y

By: Henry Lazenby     4th October 2017 Pure-play vanadium producer Largo Resources has recorded record output of vanadium pentoxide (V2O5) produced at its flagship Maracás Menchen mine, in Bahia, Brazil, during the third quarter ended September 30. The TSX-listed company said on Tuesday the operation had produced 2 513 t of V2O5 in... 

Canadian miners commit to new actions in combat against climate change

By: Henry Lazenby     3rd October 2017 The Mining Association of Canada (MAC) has adopted 13 actions under the six policy areas proposed last year by an internal advisory body, that will help its members better fight against climate change. The MAC said on Monday that it has incorporated recommendations levelled by the association’s... 

Up, up, up. . . Soaring expectations for gas; BC energy ministry mum on oil, coal potential

By: Henry Lazenby     30th September 2017 The British Columbia government on Wednesday shared optimistic prospects for its energy sector, outlining lofty expectations for natural gas exports and the growing renewable energy sector. “The emerging renewable sector is addressing climate action and LNG has the ability to reduce dependency... 

Up, up, up. . . Soaring expectations for gas; BC energy ministry mum on oil, coal potential

Event a platform for ‘blunt debate’

By: Robyn Wilkinson     29th September 2017 Mining stakeholders from various sectors – including leaders from society, government, industry and labour – will engage in “blunt debate” about the many challenges currently facing the sector when they congregate at The Joburg Indaba 2017, says event organiser Resources4Africa CEO Paula Munsie. 

Event a platform for ‘blunt debate’
VALUABLE DEBATE With a maximum of 500 delegates, The Joburg Indaba will provide an intimate networking environment where stakeholders can openly air their views and give constructive inputs

Trust and confidence key to advancing S African mining

By: Robyn Wilkinson     29th September 2017 With uncertainty reigning in the South African mining landscape, it is imperative that the private sector maintain a positive approach to transformation, says consulting engineering and scientist firm SRK Consulting partner and principal consultant Andrew van Zyl. 

Trust and confidence key to advancing  S African mining
ANDREW VAN ZYL The mining industry needs to prioritise the rebuilding of reserves, the stimulation of new exploration and the process of consolidation

New brand to be showcased at event

29th September 2017 Mining company Sibanye-Stillwater will be showcasing its newly launched brand as a mining industry partner sponsor at The Joburg Indaba, which will be held at the Inanda Club, in Sandton, from October 4 to 5.  

New brand to be  showcased at event
Photo by Duane Daws
ALEX FENN Sibanye-Stillwater’s safe technology and innovation unit manager will discuss innovative mining safety and productivity improvement solutions at The Joburg Indaba

Stakeholder cohesion crucial to change trajectory of South African mining

By: Robyn Wilkinson     29th September 2017 Chamber of Mines of South Africa (CoM) CEO Roger Baxter will consider the role that the CoM and mining companies can play in increasing investment in South Africa’s mining sector, despite current challenges, by creating an enabling business environment through the building of trust between mining... 

Stakeholder cohesion crucial to change trajectory of South African mining
ROGER BAXTER Key to encouraging cohesion between mining stakeholders is a continued commitment to driving transformation in the industry at all levels

Time for mining industry to take action

29th September 2017 In the wake of commodity prices beginning to show signs of recovery in 2016, mining companies globally have taken steps to strengthen their balance sheets, building a platform from which to take decisive action about the future, says multinational professional services provider PwC Africa energy,... 

Time for mining industry to take action
MICHAL KOTZE The mining industry has moved out of danger and some mining companies see the conditions as ripe for value accretive moves, with market differentiation their immediate goal

Mining companies must embrace key changes to succeed

29th September 2017 Mining companies willing to engage in substantive change by rethinking strategy and embracing disruption to help unlock productivity and improve sustainability, will be best positioned to succeed in upcoming years, says advisory firm Deloitte Global mining sector leader Philip Hopwood. 

Mining companies must embrace key changes to succeed
TECHNOLOGICAL REVOLUTION The mining sector is investing in technological innovations, such as driverless trucks, to streamline equipment maintenance and prevent safety incidents

Software makes complex data accessible for geologists

By: Robyn Wilkinson     29th September 2017 Amid the hype surrounding the proliferation of disruptive technologies for the mining industry is a real need for the effective collaboration of information. Global technology company ARANZ Geo’s latest user-friendly software offering – Leapfrog Geo 4.0 – provides a key advancement in this... 

Software makes complex data accessible for geologists
INFORMATION AT A GLANCE Leapfrog Geo 4.0 comes with a complete set of intuitive and highly visual tools and workflows to unlock the value of structural data

Mining-focused drone data service company gets Ghana licence

By: Dylan Slater     29th September 2017 Drone data service provider Rocketmine has received the first commercial remotely piloted aircraft system operating certificate (ROC) in Ghana.  

Oaktree's Molycorp legacy firm is said to weigh IPO, sale

By: Bloomberg     27th September 2017 Advanced materials producer Neo Performance Materials, carved from the remains of bankrupt Molycorp, is weighing an initial public offering (IPO) or an outright sale, according to people familiar with the matter. Neo Performance, backed by investment firm Oaktree Capital Group, has not... 

BC’s NDP-led govt talks up exploration, mining as basis for building burgeoning communities

By: Henry Lazenby     26th September 2017 British Columbia is ‘ground zero’ for mining in Canada, as technological advances require an ever-increasing volume of metals to satisfy improving standards of living and environment-friendly technologies. This was the key message to attendees at the fourth yearly Resource Breakfast Series held... 

BC’s NDP-led govt talks up exploration, mining as basis for building burgeoning communities
Photo by British Columbia Government
BC Minister for Energy, Mines and Petroleum Michelle Mungall was formally sworn in by Lieutenant Governor Judith Guichon

Tungsten-focused Thor moves diversified portfolio up value curve as commodity prices rally

By: Henry Lazenby     26th September 2017 Australian junior Thor Mining is pushing ahead with its diversified portfolio of tungsten/copper/lithium projects in Australia and the US, in the hope of capitalising on rising metals prices. The Sydney-based explorer and project developer, which has equity listings on the ASX and LSE’s Aim,... 

Tungsten-focused Thor moves diversified portfolio up value curve as commodity prices rally
Thor Mining expects to update the Pilot Mountain tungsten resource, in Nevada, soon

Platinum-group metals producer aiming to increase fuel cell demand

By: Simone Liedtke     22nd September 2017 To increase demand in the fuel cell (FC) industry, platinum group metals producer Impala Platinum (Implats) aims to take its Impala Platinum Refinery off the State-owned power utility Eskom grid and power the refinery using FC technology, with commercial operation of its first phase aimed to... 

Platinum-group metals producer aiming to increase fuel cell demand
FAHMIDA SMITH The development of the 8 MW fuel cell is an exciting development in Implats’ move towards a carbon-neutral fuel source at its refinery

CFBC the preferred coal combustion technology

By: Nica Schreuder     22nd September 2017 Among the coal combustion technologies developed to achieve lower emissions, circulating fluidised-bed combustion (CFBC) technology is the preferred clean coal technology option, says Fossil Fuel Foundation co-founder and executive committee member Professor Rosemary Falcon. Despite South... 

CFBC the preferred coal combustion technology
Photo by Duane Daws
ROSEMARY FALCON The Fossil Fuel Foundation’s co-founder and executive committee member believes circulating fluidised-bed combustion is the preferred technology

Minerals processing business bullish about future, despite industry challenges

By: Nica Schreuder     22nd September 2017 Based on substantial growth over the past 12 years, mining and industrial services provider Fraser Alexander’s minerals processing business intends to double its revenue within the next three to five years, says Fraser Alexander minerals processing GM Jaco Scholtz. “We are particularly proud of... 

Minerals processing business bullish about future, despite industry challenges
ALL ENCOMPASSING Fraser Alexander is able to service clients across the coal washing and processing value chain

Companies find use for abandoned underground coal mines

By: Nica Schreuder     22nd September 2017 Forsaken underground coal mines are increasingly being reopened using opencast mining methods, according to independent mining advisory group Ukwazi senior mining engineer Adriaan Strydom, who tells Mining Weekly that this practice is effectively enabled through increased mechanisation. While an... 

Companies find use for abandoned underground coal mines
Photo by Bloomberg
SECOND CHANCE The trend of returning to underground mines and turning them into opencast mines is a cost-effective alternative to exploration

Rail company unlocking coal export potential

22nd September 2017 According to South African rail, port and pipeline company Transnet, increasing rail capacity in South Africa is critical for unlocking coal export opportunities, both for neighbouring African countries and for the domestic market. The rail utility discussed its approach to increasing rail... 

Rail company unlocking coal export potential
PROPOSED PROJECT To relieve pressure on the Ermelo–Richards Bay line, Transnet Freight Rail is currently considering the SwaziLink Project, which will divert general freight away from the key coal export line

Latest News

more

Latest Videos

more

Company Announcements

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
Free daily email newsletter Register Now
Close