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Zinc News

Coeur Mining buys Denham-backed JDS Silver for up to $250m

By: Henry Lazenby     11th September 2017 Private equity firm Denham Capital has agreed to sell its 100% stake in silver producer JDS Silver to Coeur Mining – the largest US-based primary silver producer – in a transaction worth up to $250-million. The transaction will see Coeur gain access to the high-grade Silvertip silver/zinc/lead... 

Johannesburg listing on the cards for Australia’s Orion

By: Natasha Odendaal     11th September 2017 Australian minerals exploration company Orion Minerals expects to start trading on the main board of the Johannesburg bourse on September 18, as it progresses its base metals development strategy in South Africa. Orion, which has received approval from the JSE for a secondary listing under the... 

Johannesburg listing on the cards for Australia’s Orion

Anglesey planning for production at Wales mine in 2020

By: Mariaan Webb     8th September 2017 The recent increase in the prices of the metals that the Parys Mountain mine will produce has spurred on Anglesey Mining to move into action to bring the project into production “as soon as practicable”. Anglesey on Friday announced four immediate steps to progress the north Wales project,... 

Anglesey planning for production at Wales mine in 2020
Drilling at the Parys Mountain project, in north Wales.

Ivanhoe plans 'new era of production' for historic DRC mine

By: Natasha Odendaal     6th September 2017 TSX-listed Ivanhoe Mines has entered into discussions to start a “new era of production” at the historic Kipushi zinc-copper-silver-germanium mine, in the Democratic Republic of Congo (DRC), that could deliver one of the highest-grade major zinc mines worldwide. Ivanhoe, which, in conjunction... 

Lundin accelerates exploration at all sites into 2018

By: Samantha Herbst     6th September 2017 TSX-listed base metals miner Lundin Mining’s exploration efforts continue to add significant value to the company’s assets and, in light of improved market conditions, the company plans to accelerate exploration at all mine sites in 2018, as well as advance at least two new copper-focused... 

Orion seeks secondary listing on JSE

By: Creamer Media Reporter      5th September 2017 ASX-listed Orion Minerals is seeking a secondary listing on the main board of the JSE. It has applied for approval for the secondary listing under the bourse’s fast-track listing process. 

Glencore sells zinc mines to Trevali for $400m

By: Schalk Burger     1st September 2017 Global diversified mining company Glencore has sold its 80% stake of the Rosh Pinah mine, and its 39% interest in the Gergarub project, both in Namibia, as well as its 90% stake of the Perkoa mine, in Burkina Faso, to zinc-focused base metals miner Trevali Mining Corporation for a total... 

Glencore sells zinc mines to Trevali for $400m

Despite high upfront costs, technology investments yield long-term savings – BMI

By: Mia Breytenbach     1st September 2017 With metals and mining companies increasingly investing in technology that will help reduce their carbon footprints, owing to the global drive to lower carbon emissions, meaningful efforts to improve environmental standards in the extractive industries require significant upfront costs, according... 

Despite high upfront costs, technology investments yield  long-term savings – BMI
LONG-TERM BENEFIT BMI expexts long-term cost savings to benefit companies that are ahead of the curve when it comes to prioritising green strategies

Caldas Engineering

     1st September 2017 South Africa-based quality spare parts specialist for fixed and mobile crushing plants Caldas Engineering has been serving its customers for 21 years and ensures customer satisfaction while meeting the demands of its industry. With a comprehensive range of replacement wear parts for leading... 

Caldas Engineering

Red Metal Mining

     1st September 2017 Diversified project engineering house Red Metal Mining (RMM) is focused on the specialised design of cast resin dry-type transformers, mini substations and electrical automation systems required by mining and associated industries. “Wherever electricity is generated, distributed, or required, we... 

Red Metal Mining

Show expected to achieve further growth

By: Nica Schreuder     1st September 2017 The number of exhibitors and visitors taking part in the Electra Mining Botswana exhibition and conference, since its inception in 2013, has increased by 17% and 8% respectively, with this years’ event expected to attract further key industry players in the mining, industrial and power generation... 

Show expected to achieve further growth
PROMISING PODIUM Electra Mining Botswana is said to be fast becoming a major mining exhibition and networking platform

Opportune time to invest in Botswana

By: Nica Schreuder     1st September 2017 The subdued global mining industry, owing to depressed commodity prices, has prompted Botswana to find alternative economic growth areas in other sectors of the country’s economy, simultaneously providing a prime investment opportunity, says Botswana Chamber of Mines (CoM) CEO Charles Siwawa.... 

Opportune time to invest in Botswana
Photo by Bloomberg
LIMITED OFFER Diamonds are a finite resource, which has prompted diamond-rich Botswana to diversify its economy

Galileo moves to acquire stake in Zambia zinc project

By: Creamer Media Reporter      31st August 2017 Aim-listed Galileo Resources has entered into a binding term sheet with BMR Group and agreed to advance $591 600 to BMR to enable it to exercise an option to acquire the Star zinc project, in Zambia. BMR will establish a joint venture (JV) with Galileo over the project. 

Canadian mining sector market value drops 7% in Q2

By: Samantha Herbst     31st August 2017 Canada’s mining sector saw a slow start to the second quarter of 2017, according to global advisory firm EY’s Canadian Mining Eye index, which reported that the market capitalisation of 100 TSX- and TSX-V-listed midtier and junior companies fell broadly between C$47-million and C$1.6-billion.... 

Osisko Metals raises C$8m through ‘bought deal’ flow-through financing

By: Henry Lazenby     30th August 2017 Base metals-focused explorer and project developer Osisko Metals has reached an agreement with Canaccord Genuity, on behalf of a syndicate of underwriters, to raise C$8-million on a ‘bought deal’ private placement of 4.21-millon common shares. The shares will qualify as ‘flow-through’ shares... 

Vedanta appoints interim CEO

By: Creamer Media Reporter      30th August 2017 Diversified miner Vedanta Resources has appointed Kuldip Kaura interim CEO, effective September 1. Current CEO Tom Albanese will step down on August 31. 

Vast aiming to start operations at Romania’s Baita Plai before year-end

By: Mariaan Webb     30th August 2017 Aim-listed miner Vast Resources is aiming to start operations at the Baita Plai polymetallic mine, in Romania, before the end of 2017, the company said on Wednesday, announcing that it had been selected for a mining right. The holder of the head licence, Baita, has chosen Vast subsidiary African... 

Vast aiming to start operations at Romania’s Baita Plai before year-end
The tailings dam at the Baita Plai mine.

Aquila reports encouraging Phase 2 drill results at Back Forty

By: Henry Lazenby     28th August 2017 TSX-listed project developer Aquila Resources has announced encouraging results from its recently completed Phase 2 drill programme on the Back Forty zinc/gold project, in Michigan, demonstrating the strength of the mineralising system. "We are extremely pleased with the drill results to date. It... 

Turkey’s Pinargozu zinc mine continues upward production trend

By: Mariaan Webb     25th August 2017 The Pinargozu zinc mine, in the Adana province of Turkey, has continued its upward production trend in the second quarter, delivering a 14% quarter-on-quarter production increase in the three months ended June. The mine – a joint venture (JV) between Turkey’s Akmetal and Canada’s Pasinex... 

Corporate and govt cooperation needed to drive energy stability

By: Robyn Wilkinson     25th August 2017 There needs to be ongoing open dialogue between the corporate sector and government to ensure that energy supplies for mining projects are secured and stabilised timeously to take advantage of valuable economic opportunities in Africa, says Johannesburg-based consultancy Core Consultants founder... 

Corporate and govt cooperation needed to drive energy stability
LARA SMITH Governments’ lead times for approving new power plants in African countries are often too long, resulting in a failure to realise the full potential of valuable mining projects

Improve efficiencies before adopting new energy solutions

By: Robyn Wilkinson     25th August 2017 For many mines, there is still significant work to be done in terms of improving operating energy efficiencies, and a sound understanding of the benefits of digitalisation could be the key to unlocking considerable value in this endeavour, says professional services firm EY South Africa advisory... 

Improve efficiencies before  adopting new energy solutions
Photo by Bloomberg
STRATEGIC INVESTMENTS With a thorough understanding of its daily energy requirements, a mine can achieve clarity on where an injection of renewable energy can provide maximum benefit

Modular, mobile dry-type transformers ideal for Africa

By: Robyn Wilkinson     25th August 2017 As mining projects move into ever more remote locations in Africa, modular and mobile energy solutions – such as dry-type transformers – are gaining popularity, says transformer supplier Trafo Power Solutions MD David Claassen. 

Modular, mobile  dry-type transformers ideal for Africa
SAFER OPTION Dry-type transformers are completely flame-retardant and emissions free, using resin and vacuum-pressure impregnation to insulate windings and air as a cooling agent

Rental generators bridging solution for African mines

By: Robyn Wilkinson     25th August 2017 Energy solutions provider Aksa Power Generation expects a high demand in Africa, especially sub-Saharan Africa, for its new range of generators, as the mining industry begins to show signs of recovery and companies look to expand their operations in remote areas. 

Rental generators bridging solution for African mines
READY TO GO Aksa’s new generator rental fleet is well stocked and designed to operate in harsh conditions, providing the ideal interim power solution for mines expanding in Africa

Tax benefits for demonstrated energy savings at mines

     25th August 2017 Fuel solutions provider Masana Petroleum Solutions strongly urges companies to take advantage of the Section 12L Energy Tax Incentive, under South Africa’s Income Tax Act, before it is too late, as this opportunity is limited until 2020. 

Tax benefits for demonstrated energy savings at mines
FUEL FOCUS Masana offers mines high-performance products and fuel management systems for improved haul road efficiencies and reduced heavy equipment maintenance

Gamsberg project to retore Vedanta’s zinc output to 300 000 t/y from mid-2018

By: Mia Breytenbach     25th August 2017 Diversified miner Vedanta Resources subsidiary Zinc International has committed more than 80% of the $400-million capital expenditure (capex) for the first phase of the Gamsberg zinc project, in the Northern Cape. The first phase of the project is expected to have a mine life of 13 years,... 

Gamsberg project to retore Vedanta’s zinc output  to 300 000 t/y from mid-2018
Photo by Duane Daws
PROGRESSING WELL More than 25-million tonnes of the estimated 65-million to 70-million tonnes of waste rock have been excavated at the Gamsberg project

Commodity price improvement drives Glencore’s earnings

By: Ilan Solomons     25th August 2017 Diversified mining and marketing company Glencore said “extensive efforts” to reposition its balance sheet and propel the company’s industrial asset portfolio improvements over the last two years were reflected in its strong interim financial performance. The group last week published its... 

Commodity price improvement drives Glencore’s earnings
Photo by Duane Daws
ALL SMILES Glencore CEO Ivan Glasenberg says the first half of this year had the ‘best growth momentum’ in the global economy in recent years

Incremental improvements now leading to energy efficiency  

By: Robyn Wilkinson     25th August 2017 Having reached an advanced stage, power generation technology development has slowed worldwide, with companies instead intensifying their focus on the cumulative energy savings that can be realised through intensive equipment modifications and the disciplined application of existing technologies,... 

Incremental improvements now leading to energy efficiency
Zest WEG Group integrated sales executive Johan van Niekerk discusses the group’s energy efficiency technologies. Video and Editing: Lionel da Silva

Slam adds to its Bathurst Mining Camp holdings

By: Henry Lazenby     24th August 2017 Canada-based maritime base metals explorer Slam Exploration has acquired the North Rim zinc project, located next to Trevali Mining's Caribou mine, the junior said on Wednesday. The acquisition brings the TSX-V-listed company’s number of projects in the prolific Bathurst Mining Camp (BMC), of New... 

Higher prices, output lift Vedanta’s Q1 revenue, Ebitda

By: Anine Kilian     23rd August 2017 Higher commodity prices and production volumes contributed to a significant year-on-year increase in diversified miner Vedanta Resources’ revenue and earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended June 30. Revenues rose by 32% year-on-year to... 

Higher prices, output lift Vedanta’s Q1 revenue, Ebitda
Vedanta CEO Tom Albanese

Qld zinc mine ‘well timed’, production brought forward – MMG

By: Esmarie Swanepoel     23rd August 2017 First production from the $1.4-billion Dugald River zinc project, in Queensland, has been brought forward from the first half of 2018 to late 2017, as the project development advances ahead of schedule. ASX-listed MMG CEO Jerry Jiao on Wednesday said that with production of about 170 000 t/y of... 

Qld zinc mine ‘well timed’, production brought forward – MMG

Ontario sets timeframe for road construction into Ring of Fire mining camp

By: Henry Lazenby     23rd August 2017 Following years of complex negotiations and several delays, the Ontario provincial government on Monday made the historic announcement that it would support and fund road proposals that will connect Northern Ontario’s far-flung First Nation communities and provide industrial road access to the... 

Ontario sets timeframe for road construction into Ring of Fire mining camp
The Ring of Fire’s rich ores are estimated to hold some C$60-billion worth of nickel/copper/platinum group metals mineral wealth

Zinc’s six-month deficit grows 3% y/y – ILZSG

By: Henry Lazenby     22nd August 2017 The latest date published by the International Lead and Zinc Study Group (ILZSG) has found a 3% year-on-year wider zinc market supply gap for the first six months of 2017. According to preliminary data recently compiled by the ILZSG, the global market for refined zinc metal was in deficit by 203... 

Callinex establishes district-scale presence in New Brunswick’s Bathurst mining district

By: Henry Lazenby     22nd August 2017 Junior explorer Callinex Mines has established a district-scale land page at the company's Nash Creek zinc project, in the prolific Bathurst mining district of New Brunswick, the company announced on Monday. The land package now covers a 20 km trend and includes several high-grade base metal... 

WorleyParsons developing black enterprises 

By: Martin Creamer     21st August 2017 Project delivery and engineering consultancy WorleyParsons RSA is answering South Africa’s call for broader economic participation and transformation. The local company, which is part of the Australian Securities Exchange-listed WorleyParsons engineering group that serves the resources and energy... 

WorleyParsons developing black enterprises
WorleyParsons RSA CEO Denver Dreyer interviewed by Mining Weekly’s Martin Creamer. Photographs: Duane Daws. Video: Darlene Creamer

Zinc refiner needed in South Africa

By: Tasneem Bulbulia     18th August 2017 A local zinc refiner needs to be established to provide more intimate support for the South African galvanising industry to capitalise on the recovery of the South African economy, says International Zinc Association of South Africa (Izasa) regional director Rob White. He notes that, with the... 

Zinc refiner needed  in South Africa
ZINC APPLICATIONS Zinc-coated steel has found a niche in solar parks, where remote locations preclude almost any maintenance

South African zinc industry buoyed by ongoing developments

By: Tasneem Bulbulia     18th August 2017 The South African zinc industry may be under pressure, but there are numerous developments under way that are strengthening the sector, suggests International Zinc Association of South Africa (Izasa) regional director Rob White. He says the depressed state of the local zinc market is a result of... 

South African zinc  industry buoyed by  ongoing developments
ROB WHITE It will be interesting to see if eventually zinc metal is produced again in South Africa as the Gamsberg development matures

DRC mining code’s shortcomings limiting sector’s contribution to fiscus – senator

By: Ilan Solomons     18th August 2017 The mining industry and the production of copper and cobalt in particular is of vital importance to the economy of the Democratic Republic of Congo (DRC). However, political, social and legislative stability is critical to ensuring the growth and sustainability of the sector, says DRC Senator... 

DRC mining code’s shortcomings  limiting sector’s contribution to fiscus – senator
Photo by Council on Foreign Relations
WORRYING TIMES Substantial challenges exist for companies that want to do business in the DRC owing to security concerns and general concerns regarding corruption

Proximity detection system installation in final stages

By: Simone Liedtke     18th August 2017 Although proximity detection systems (PDS) are not a new concept, their roll-out in the South African mining industry is on the increase, with uptake escalating in light of legislation introduced by the Department of Mineral Resources (DMR) under the Mine Health and Safety Act (MHSA). A clause in... 

Proximity detection system installation in final stages
Photo by Monitech
INTELLIZONE PDS After a successful trial in 2015, the proxmity detection system was launched in South Africa in April last year

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