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Cover Story

Australian iron-ore juniors hurting, some majors reviewing expenditure plans as prices slump

By: Esmarie SwanepoelThe recent free fall in the iron-ore price to its lowest level in six years has struck a deathblow to a number of Australian juniors operating in the sector, while the majors have been forced to cut back costs. Commodity analyst Wood Mackenzie (WoodMac) blamed the lagging commodity price on a... 

Australian iron-ore juniors hurting, some majors reviewing expenditure plans as prices slump

Editorial Insight

Mines ponder self-generation as price ‘injury’ adds to power outage ‘insult’

By: Martin CreamerThe question of mining companies generating their own electricity has sprung to the fore on the news that Sibanye Gold plans to do just that. The Johannesburg- and New York-listed company last week announced that it planned to build a R3-billion, 150 MW solar power and also undertake an in-depth... 

Mines ponder self-generation as price ‘injury’ adds to  power outage ‘insult’

News & Insight

2014 ends on a disappointing note for explorers as negative trend continues

By: Ilan SolomonsThe continuation of a 12-month-long negative trend in the global mining industry resulted in 2014 ending largely on a disappointing note for the exploration sector, says professional services firm SNL Metals & Mining. According to the company’s January 2015 ‘Monthly Industry Monitor’ report, the... 

2014 ends on a disappointing note for explorers  as negative trend continues

2014 gold demand declines despite 6% surge in final quarter

By: Ilan SolomonsFourth quarter (Q4) gold demand for 2014 rose 6% to 987.5 t from 930 t for the same period during 2013, propelled largely by the demand for jewellery and central bank buying, according to the World Gold Council’s ‘Gold Demand Trends’ full year report, which was released this month. However, the... 

2014 gold demand declines despite 6% surge in final quarter

Anglo acknowledged as a corporate social investment leader

By: Ilan SolomonsFor the tenth time diversified miner Anglo American has been ranked as one of South Africa’s leading companies in corporate social investment (CSI) by CSI and sustainability consultancy Trialogue. Every year, Trialogue asks corporate and nonprofit organisation (NPO) respondents to name the three... 

Anglo acknowledged as  a corporate social  investment leader

Cost reduction, efficiency important for mines as oil price takes nosedive

By: Zandile MavusoThe recent unexpected drop in oil prices will result in mining companies experiencing slow growth and increased pressures in sustaining productivity, says fleet management software and services company MiX Telematics, noting further that cost reduction and efficiency through fleet management... 

GE develops solutions to improve mine efficiency, productivity

By: Anine VermeulenUS multinational conglomorate GE focuses on helping its mining customers overcome their toughest challenges and has developed a suite of products to increase efficiency and productivity for greenfield and existing mine sites in Africa. GE Mining Solutions GM John Manison tells Mining Weekly that... 

Gemfields targeting higher gemstones production this year

By: Ilan SolomonsColoured gemstone mining and marketing company Gemfields is targeting the production of about 25-million carats of emerald and beryl from its Kagem mine, in Zambia, and about eight-million carats of ruby and corundum from its Montepuez mine, in Mozambique, this year. Gemfields owns a 75% stake in... 

Gemfields targeting higher gemstones production this year

Latest edition of SA coalfield map published

By: Anine VermeulenExploration, engineering and environmental geologist company Banzi Geotechnics released the eleventh edition of Barker’s Coal Field map of South Africa last month. The map originates from a study of the coal industry in the early1980s and was originally published for the international market. 

Linear motor technology punted as being enviro friendly, more reliable

By: Anine VermeulenLinear motor technology is ready for adoption by mining equipment suppliers who want to lead the field with innovative bulk material transportation systems, Texchange technical director Chris Lines tells Mining Weekly. He states that linear-motor-propelled transport technology can not only ensure... 

Price slump seen prompting review of African oil and gas explorers’ expenditure plans

By: Zandile MavusoOil and gas explorers in Africa will be looking at their budgets and deciding where to allocate their limited capital spend, given the substantial decline in the oil price, as low oil prices could have an impact on production, while undermining certain players in the market, says advisory firm... 

Vale reports increased production in Mozambique while Tata Steel decides to leave

By: Keith CampbellBrazilian mining major Vale has reported its Moatize coal mine in Mozambique set a new production record last year. This was revealed in the group’s recently published 2014 and 4Q14 Production Report. It also set a new record for quarterly production during the fourth quarter (4Q). It further... 

Mine Profile

Halfmile mine, Canada

By: Sheila BarradasA zinc/lead/copper/silver mine, located in northern New Brunswick, Canada. 

Halfmile mine, Canada

Photo of the Week

INDIA WEIGHTED

By: Martin CreamerIndia, which has attractive fundamentals, is going to grow slower than China and from a much lower base, Vedanta CEO Tom Albanese is seen telling this month’s Mining Indaba.  But if, as is projected in some circles, India’s gross domestic product doubles in next five years, the fortunes of... 

INDIA WEIGHTED

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