http://www.miningweekly.com
R/€ = 16.75 Change: -0.25
R/$ = 15.07 Change: -0.50
Au 1315.62 $/oz Change: -1.13
Pt 987.00 $/oz Change: 2.00
 

Zinc News

The MSA Group

     24th June 2016 Local mining consultancy The MSA Group provides exploration, geology, mineral resource, mining and environmental consulting solutions to a client base that includes some of the world’s largest multinational mining companies, as well as private equity and sovereign wealth funds, banks, governments... 

Cyprium finds high-grade zinc at Potosi silver mine, Mexico

By: Henry Lazenby     21st June 2016 Quebec-based explorer Cyprium Mining on Monday reported that samples taken from an oxidised zinc body on Level 14 of its 53%-owned Potosi mine, in Santa Eulalia, Mexico, have returned assay results averaging 37% zinc over a sample width of 1.53 m. The TSX-V-listed company reported that the... 

Average capex overrun for mining companies hits 37% – EDC study

By: Simon Rees     20th June 2016 The average cost overrun for mining projects studied by Export Development Canada (EDC) has reached 37% over the capital expenditure (capex) budgeted, EDC managing principal Tin Lwin told an audience at a recent meeting of the Canadian Institute of Mining’s Management and Economics Society in... 

Average capex overrun for mining companies hits 37% – EDC study

Nevsun, Reservoir shareholders approve sweetened offer

By: Henry Lazenby     17th June 2016 The TSX-listed stock of base metals producer Nevsun Resources fell nearly 10% on Friday after the company announced a sweetened bid for Reservoir Metals that would give it control of a portfolio of development projects in Africa and Europe, including the flagship Timok copper/gold project, in... 

Nevsun, Reservoir shareholders approve sweetened offer
Photo by Nevsun Resources
Nevsun's Bisha mine, Eritrea

Peruvian mining volumes continue to grow as new president takes helm

By: Simon Rees     15th June 2016 The Peruvian mining industry is expected to spur renewed growth in the country as output grows, prices stabilise and revive, several speakers told a recent Peruvian-Canadian Chamber of Commerce economic outlook seminar. The recent Peruvian election was so close that the winner Pedro Pablo... 

Peruvian mining volumes continue to grow as new president takes helm
Photo by Reuters
Incoming Peruvian president Pedro Pablo Kuczynski

Big boost for South African mining as old Comro reopens  

By: Martin Creamer     13th June 2016 The revitalisation of the South African mining industry through the resuscitation of research and development (R&D) is under way as an outcome of the Mining Phakisa, a strategy forged by 120 government, company, union and nongovernmental participants, who last year spent five weeks working... 

Big boost for South African mining as old Comro reopens
Photo by Creamer Media
CSIR mining manager Navin Singh

Legal discretion dogging mine safety inquiries – Webber Wentzel 

By: Martin Creamer     10th June 2016 The only certainty about current enforcement of South Africa’s Mine Health and Safety Act is consistent uncertainty, says Webber Wentzel partner Kate Collier. Addressing a seminar on the way the Department of Mineral Resources (DMR) approaches senior mine management in the aftermath of serious... 

Legal discretion dogging mine safety inquiries – Webber Wentzel
Photo by Duane Daws
Webber Wentzel partner Kate Collier

Improving froth pumping solution

By: Sascha Solomons     10th June 2016 Specialist slurry equipment solutions provider Weir Minerals is introducing the next- generation WARMAN horizontal froth pump, which features a continuous air removal system that can be applied to the company’s froth pumps already in the market. This is in line with Weir Minerals’ focus on... 

Improving froth pumping solution
RUI GOMES Being able to develop and implement changes to produce greater efficiency is important in the pumps industry

Mining’s rebirth under way – Ritchken 

By: Martin Creamer     9th June 2016 New joint action is being brought to bear to arrest the devastating decline of the South African mining industry, which will involve the Mining Phakisa policy intervention seeking to boost the sector by positioning it as the centrepiece within a new, cohesive mining cluster that requires... 

Mining’s rebirth under way – Ritchken
Photo by Creamer Media
Mining Phakisa strategist Edwin Ritchken

RMG inks share price agreement to raise $2m for Chile property

By: Samantha Herbst     8th June 2016 ASX-listed junior RMG has entered into a share subscription agreement with cornerstone investor Epoch Bliss to raise $2-million, before expenses, to fun ongoing activities at RMG’s Chile property and to review other potential opportunities within the resources sector. The agreement, through which... 

PNX forward sells silver to fund Hayes Creek PFS

By: Mariaan Webb     8th June 2016 Base and precious metals explorer PNX Metals reported on Wednesday that the technical components of the prefeasibility study (PFS) of the Hayes Creek zinc, gold and silver project in the Northern Territory was fully funded. PNX has secured A$1.6-million through two agreements for the forward sale... 

Nevsun starts ore commissioning of combined copper/zinc plant

By: Henry Lazenby     7th June 2016 TSX- and NYSE MKT-listed Nevsun Resources, which operates the Bisha mine, in Eritrea, has on Monday started ore commissioning of the combined copper and zinc plant, with commercial production of the expanded operation slated before end-September. The Vancouver-headquartered company advised that... 

Glencore must face US lawsuit over zinc prices

By: Reuters     6th June 2016 A US judge on Monday said two units of Anglo-Swiss mining company Glencore must face a private antitrust lawsuit accusing them of trying to monopolise the market for special high grade zinc, driving up its price. US District Judge Katherine Forrest in Manhattan said zinc purchasers alleged "a... 

Woodlawn DFS due for release before end June, says Heron

By: Samantha Herbst     6th June 2016 The definitive feasibility study (DFS) results for minerals developer Heron Resources’ 100%-owned high-grade Woodland zinc-copper project in New South Wales (NSW) are scheduled for release before the end of the June quarter, the company announced on Monday.   The fully funded DFS would provide an... 

ANC in apparent Mining Charter reversal

By: Martin Creamer     3rd June 2016 The African National Congress (ANC) appears to have reversed its stance on the Mining Charter being enforceable under the Mineral and Petroleum Resources Development Act (MPRDA) of 2002, which is a major point of contention between the mining industry and government, as it confers legislative... 

ANC in apparent Mining Charter reversal
Photo by Duane Daws
Herbert Smith Freehills Africa partner Peter Leon

Marindi raises cash for zinc and lithium exploration

By: Mariaan Webb     3rd June 2016 ASX-listed explorer Marindi Metals has raised about A$2.03-million through a share placement to accelerate zinc and lithium exploration in Western Australia and the Northern Territory. The placement to existing and new sophisticated and professional investors comprised about 203-million new... 

Australian micro miner says finds big zinc lode

By: Reuters     1st June 2016 Australian penny stock Rox Resources, backed by mining major Teck Resources of Canada, said it has discovered one of the world's largest zinc deposits in northern Australia, although any decision to mine is years away. The discovery comes seven months after Chinese conglomerate MMG shut the... 

Australian micro miner says finds big zinc lode

BMR secures letter of intent for offtake from Kabwe project

By: Natasha Odendaal     1st June 2016 Aim-listed BMR on Wednesday said it had been approached for an offtake agreement for agricultural-grade zinc sulphate heptahydrate (ZSH) and lead sponge from its Kabwe project, in Zambia. The mineral processing group secured Zambia Environmental Management Agency approval for the environmental-... 

Integrator has tools for long-term mining company success 

By: Martin Creamer     31st May 2016 With several major, junior and small minerals and mining services companies debt stressed, folding or in business rescue, former investment researcher Stephen Roper has come up with a longevity and success formula – with diamond consultant Dr John Bristow offering input. Accountant Roper and... 

Integrator has tools for long-term mining company success
Photo by Duane Daws
Integrated Thinking Laboratory CEO Stephen Roper (right) with Martin Creamer

Caddy steps down at Bauba

By: Martin Creamer     31st May 2016 Syd Caddy has stepped down as CEO of platinum and chrome producer Bauba Platinum with immediate effect. Nick van der Hoven, who currently holds the position of executive director of legal compliance and new business development, took over as CEO from May 31. 

Caddy steps down at Bauba
Photo by Duane Daws
Outgoing Bauba CEO Syd Caddy

Mining ‘most transparent’ – Corruption Watch 

By: Martin Creamer     30th May 2016 The Chamber of Mines of South Africa on Monday welcomed the Corruption Watch report on transparency in corporate reporting, which found that South Africa’s most transparent companies came from the mining sector. Gold Fields, BHP Billiton and Anglo American Platinum come out tops in the report,... 

Mining ‘most transparent’ – Corruption Watch
Chamber CEO Roger Baxter

Venturex, Macarthur ink farm-in and JV agreement on Sulphur Springs

By: Samantha Herbst     30th May 2016 ASX-listed junior Venturex Resources has signed a memorandum of understanding (MoU) with TSX-V-listed lithium-focused explorer Macarthur Minerals to enter into a farm-in and joint-venture agreement (FJVA) for the lithium rights at Venturex’s 100%-owned Sulphur Springs copper-zinc project, in... 

Heron enters farm-in agreement with Alchemy

By: Samantha Herbst     30th May 2016 Remaining focused on the development of its high-grade Woodland zinc-copper project in New South Wales (NSW), minerals developer Heron Resources has inked a farm-in agreement with fellow ASX-listed Alchemy Resources, covering a portfolio of Heron’s NSW exploration tenements. Under the headline... 

Commodity price indices rally as oil picks up where metals left off

By: Henry Lazenby     27th May 2016 Commodity price indices have rallied in recent weeks as strong performance by oil softened the lull in metals price movements. Scotiabank's commodity price index had improved by 4.5% month-on-month in April as energy gains more than offset metals weakness. 

Commodity price indices rally as oil picks up where metals left off

Teck prices $1.25bn of senior notes

By: Henry Lazenby     26th May 2016 Canadian diversified miner Teck Resources has announced the pricing of an offering of $1.25-billion in senior unsecured notes, comprising $650-million of five-year notes and $600-million of eight-year notes. The Vancouver, British Columbia-headquartered company advised that the notes would be... 

Vale to delist from Hong Kong exchange

By: Henry Lazenby     25th May 2016 Brazilian diversified mining major Vale has delisted from the Hong Kong stock exchange (HKEx) as part of the company’s simplification strategy. In a press release issued Tuesday, the Rio de Janeiro-based miner announced that the HKEx had approved the withdrawal of Vale´s HDRs – an informal name... 

New acid mine water process has huge agri potential in arid areas   

By: Martin Creamer     25th May 2016 The newly developed process that yields handsome profits by converting acid mine water into valuable fertiliser materials, also has the potential to process South Africa’s large volumes of currently unusable brackish groundwater. The use of the process that eradicates acid mine drainage (AMD) for... 

New acid mine water process has huge agri potential in arid areas
Photo by Duane Daws
Trailblazer Technologies director John Bewsey

Higher commodity prices support 26% rise in Q1 Canadian Mining Eye index

     25th May 2016 Higher commodity prices have contributed to a 26% rise in EY’s Canadian Mining Eye index for the first quarter of this year. “Improved gold and base metals prices appeared to generate much-needed positive momentum in the sector. The strong growth of Canadian mining equities also indicates... 

Higher commodity prices support 26% rise in Q1 Canadian Mining Eye index

Mining licence fees now SMS-enabled in forward-striding Tanzania

By: Martin Creamer     20th May 2016 The Tanzanian online mining cadastre system now allows licence holders to request the total licence fees they owe via short message service (SMS). The addition of SMS extends the range of payment functionality that the Ministry of Energy and Minerals offers to its customers, the FlexiCadastre... 

Mining licence fees now SMS-enabled in forward-striding Tanzania
Tanzanian president John Magufuli

Lorimer decries mining’s production crash, job losses

By: Martin Creamer     17th May 2016 Mineral Resources Shadow Minister James Lorimer MP on Tuesday decried the sharply reduced output of South Africa’s once-colossal mining industry and warned that mining's “jobs bloodbath” had only just begun. State statistics compiler StatsSA reported earlier this month that South Africa’s... 

Lorimer decries mining’s production crash, job losses
Shadow Minerals Minister James Lorimer

Miners adapting to more austere fundamental backdrop – report

By: Henry Lazenby     17th May 2016 Mining companies, in general, are adapting to a more austere fundamental backdrop, despite a recent announcement in Chinese media that the country would be removing stimulus and reprioritising reforms, which caused significant apprehension during Bank of America Merrill Lynch’s (BofAML’s) recent... 

Miners adapting to more austere fundamental backdrop – report

Taseko appoints mining veteran Geoffrey Burns to board

By: Henry Lazenby     16th May 2016 TSX- and NYSE MKT-listed base metals miner Taseko Mines has appointed industry veteran Geoffrey Burns as an independent nonexecutive director. Burns brought to Taseko more than thirty years of senior management experience in the mining industry. 

Confidence in Namib project builds despite drill rig issues

     13th May 2016 Aim-quoted mineral resource exploration and development company North River Resources notes that reliability issues with drill rigs at its Namib project, in Namibia, have put pressure on the scheduled completion of the project’s drilling campaign by end June.  

Confidence in Namib project builds despite drill rig issues
DRILLING DEVELOPMENTS The contracted Diamec rig at the Namib project continues to be used for longer drill holes, while the company’s Kempe drill continues with shallower infill and extension targets

Trevali revises Santander cash costs down 12.5%, as income rises

By: Henry Lazenby     12th May 2016 Zinc-focused Trevali Mining has reported a first-quarter profit as strong performance from its Peru-based flagship Santander operations lifted the balance sheet back into the black. Vancouver-based Trevali delivered an “exceptional quarter”, as rising zinc output offset somewhat lower lead and... 

Vedanta pegs capex at $1bn in hope of offsetting 17% drop in 2016 revenue

By: Samantha Herbst     12th May 2016 In the face of “exceptionally challenging” global commodity markets experienced in the 2015/16 financial year, global diversified metals and mining company Vedanta Resources aims to focus its efforts on reducing net debt in the 2016/17 financial year. To do so, the miner has pegged its 2017... 

Vedanta pegs capex at $1bn in hope of offsetting 17% drop in 2016 revenue
Vedanta Resources CEO Tom Albanese

Draft Mining Charter under intense legal scrutiny

By: Martin Creamer     10th May 2016 The possible far-reaching implications for the mining industry of the new draft Mining Charter came under intense scrutiny in Johannesburg on Tuesday when a team of lawyers discussed the various changes contained in the draft and focused in particular on its attempt to align the mining industry –... 

Draft Mining Charter under intense legal scrutiny
Sabelo Dlamini of Fasken Martineau

Consolidated Zinc raises cash for Mexican exploration

By: Esmarie Swanepoel     6th May 2016 Minerals explorer Consolidated Zinc has received firm commitments for the placement of 162.5-million shares, raising A$6.5-million to accelerate the drilling programme at its Plomosas zinc project, in Mexico. The shares have been priced at 4c each, with a free one-for-two unlisted option,... 

Glencore cuts supply cloth to fit demand coat

By: Martin Creamer     4th May 2016 The mix of mining and marketing within the same company provides sensitivity to commodity price falls. Continually highlighting the value of the mining-marketing mix is Glencore, which is quick to respond to market changes. 

Glencore cuts supply cloth to fit demand coat
Photo by Duane Daws
Ivan Glasenberg hand-in-hand with Education Minister Angie Motshekga at school opening.
First
Prev
1
2 3 4 5 6 7 8 9 Next Last
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
Subscribe Now for $149 Close