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Platreef weighted basket price reaches three-year high – Ivanhoe

By: Nadine James     19th February 2019 Ivanhoe Mines co-chairpersons Robert Friedland and Yufeng Sun, as well as Ivanplats MD Dr Patricia Makhesha, on Monday announced that the weighted basket price of the metals contained in the Platreef palladium/platinum/rhodium/nickel/copper/gold project has risen to a new, three-year high.... 

Project management service provider achieves Level 4 B-BBEE

2nd November 2018 Inspection, verification, testing and certification company SGS has announce that its South African mineral project management division SGS Bateman Engineering Services achieved a Level 4 broad-based black economic empowerment (B-BBEE) status in September. B-BBEE is a legislative initiative to... 

High-quality screening, vibrating solutions for African mining industry

29th October 2018 The African mining industry needs high-quality screening and vibrating equipment solutions, supported by rapid turnaround around times and expert technical back-up, which is where Aury Africa stands to play a key role on the continent. This was the message from senior management from Dadi... 

Tanzanian integrity pledge regulations lack clarity, cause uncertainty – law firm

By: Marleny Arnoldi     12th September 2018 Multinational law firm Herbert Smith Freehills (HSF) has raised concerns around Tanzania’s new integrity pledge for mining companies, questioning whether it meets international best practice. Since July 2017, the Tanzanian government has introduced significant regulatory reforms to the mining... 

Cradle Arc cuts 2018 guidance, appoints senior industry execs to board

By: Mariaan Webb     29th August 2018 Aim-listed Cradle Arc’s share price tumbled 28% on Wednesday after the company lowered its 2018 production guidance and detailed the operational difficulties that it faced at its 60%-owned Mowana copper mine, in Botswana. The mine’s revised guidance for 2018 is to produce 4 000 t of copper in... 

Resource nationalism on the rise in sub-Saharan Africa

By: Nadine James     15th June 2018 The seemingly increasing trend towards nationalist thinking, combined with and likely driven by growing economic inequality, has resulted in several changes in mining and tax legislation in sub-Saharan Africa countries. Herbert Smith Freehills Africa Group co-chair and partner Peter Leon says the... 

Resource nationalism on the rise in sub-Saharan Africa

By: Nadine James     15th June 2018 The seemingly increasing trend towards nationalist thinking, combined with and likely driven by growing economic inequality, has resulted in several changes in mining and tax legislation in sub-Saharan Africa countries. Herbert Smith Freehills Africa Group co-chair and partner Peter Leon says the... 

Botswana mining conference yielding opportunities

By: Melissa Zisengwe     25th May 2018 Mining and engineering company Pan African Minerals says it attended the 2018 Mining Investment Botswana Conference, which was held in Gaborone from April 10 to 11, to create partnerships, networks and take advantage of the business matching prospects. The company’s attendance has already yielded... 

Burkina Faso to end Timis unit's $1bn manganese deal

By: Bloomberg     12th April 2018 Burkina Faso will proceed with plans to end its agreement with a unit of Timis Mining Corp. to mine a $1-billion manganese deposit even though a dispute about the operation is still pending at the International Court of Arbitration. The West African nation will give Pan African Minerals 90-days... 

Ghana positioned to be regional hub for upstream products in the mineral value chain

By: Anine Kilian     28th March 2018 Ghana’s economic landscape has been shaped by the mining sector and, while mineral extraction has contributed to the country’s development path, the extent to which the country has tapped its mineral potential has remained limited. As interest in the country’s mineral sector grows, it is expected... 

Stefanutti Stocks Mechanical and Dawsons Group JV: Minerals Processing Plant Maintenance ‘first’ for Africa

15th March 2018 In a first for the pan-African mining sector, Stefanutti Stocks Mechanical (SSM) – part of the Stefanutti Stocks Mechanical and Electrical division of Stefanutti Stocks (Pty) Ltd - has formed a joint venture  with the Dawsons Group of Companies. This ground-breaking JV offers minerals processing... 

Burkina Faso seeks new partner for $1bn manganese project

By: Bloomberg     22nd February 2018 Burkina Faso is looking for a new partner to mine the world’s largest manganese deposit after rights disputes thwarted two earlier attempts to develop the $1-billion project. Pan African Minerals, a unit of Timis Mining, was told to stop production at the Tambao mine in 2015 following a change in... 

Africa’s first coltan smelter established in Tanzania

By: Robyn Wilkinson     10th November 2017 Mining and metals company AB Minerals is partnering with the African Minerals and Geoscience Centre (AMGC) in Dar es Salaam, Tanzania, to establish the first columbite-tantalite (coltan) smelter in Africa. 

South Africans slow off the mark on the exploration front, where outsiders valiantly lead the way

By: Martin Creamer     3rd November 2017 South Africans have tried to develop a junior mining exploration culture several times over but have not been able to come anywhere close to the aplomb of other mining jurisdictions that have a far stronger geological appetite. The many junior mining companies listed in Canada, Australia and on... 

Work starts on R1.7bn fluorspar mine 

By: Martin Creamer     10th July 2017 Work has begun on the building of an opencast fluorspar mine and concentrator at Rust de Winter, 80 km northeast of Pretoria, Nokeng Fluorspar Mine announced on Monday. The wholly owned subsidiary of SepFluor said that the R1.7-billion finance for the 21-month project had been raised through a... 

Manica neither complex, capital demanding

9th June 2017 The Manica gold project’s definitive feasibility study (DFS) results demonstrate a robust, simplistic project with an average gold grade of 2.62 g/t producing 215 293 oz over its seven-year life, says diversified miner Xtract Resources. In the DFS results announcement in February, Xtract... 

Fibre-optic pyrometer offers South Africa greater accuracy

By: Nadine James     19th May 2017 The South African minerals and metals processing industry has yet to take advantage of the fibre-optic Calex Fibre-Mini pyrometer, compared with the response from international markets, which has been favourable. The pyrometer, used to measure temperatures of reflective metals, was developed by... 

Alecto raises £1m to restart Mowana mine

By: Anine Kilian     17th January 2017 Aim-listed Alecto Minerals has raised £1-million through the issue of convertible loan notes to restart operations at its newly acquired Mowana copper mine, in Botswana. Alecto in December announced that it would acquire Cradle Arc Investments, which owns the Mowana mine, for about £6.72-million... 

Economies of Sierra Leone, Guinea and Liberia hit by outbreak but severity of impact on mining debatable

By: Ilan Solomons     6th March 2015 As of February 4, more than 22 400 confirmed Ebola cases had been reported – with about 9 000 of these being fatal – mostly in the West African nations of Sierra Leone, Guinea and Liberia, reports the World Health Organisation. The World Bank released a report in January, ‘The Economic Impact of... 

Economies of Sierra Leone, Guinea and Liberia hit by outbreak but severity of impact on mining debatable

By: Ilan Solomons     6th March 2015 As of February 4, 2015, more than 22 400 confirmed Ebola cases have been reported – with about 9 000 of these being fatal – mostly in the West African nations of Sierra Leone, Guinea and Liberia, reports the World Health Organisation. The World Bank released a report in January, ‘The Economic... 

Ebola not to blame for failure of African mining companies – advisory

By: Natalie Greve     13th January 2015 While acknowledging Ebola as a “terrible” disease, corporate advisory firm SP Angel believes the failure of certain mining companies active in Ebola-hit African countries should not be attributed to the impact of the disease on operations. The firm’s comments followed an announcement by embattled... 

Waning interest in African greenfield iron-ore projects

By: Mia Breytenbach     25th July 2014 Surging growth in demand for iron-ore from China drove prices up during the early 2010’s, which led to a significant upswing in greenfield exploration programmes and such programmes were largely high-grade direct shipping ore (DSO) projects in West Africa. However, mining consultancy MSA Group... 

Tonkolili achieves best performance yet – African Minerals

By: Leandi Kolver     21st May 2014 Mineral exploration, development and mining company African Minerals’ Tonkolili iron-ore project, in Sierra Leone, achieved record production and sales during the first quarter of the year, the company announced on Monday. During the three-month period, the mine produced 5.3-million tons of... 

African Minerals hikes Tonkolili resource

By: Natasha Odendaal     13th May 2014 Mineral exploration, development and mining company African Minerals on Tuesday announced a hike in the direct shipping ore (DSO) resource of its Tonkolili iron-ore mine, in Sierra Leone. The Aim-listed group reported a Joint Ore Reserve Committee-compliant mineral resource estimate of... 

AFCR appoints Zim mining stalwart as CEO

By: Natalie Greve     7th April 2014 Aim-listed resources and development company African Consolidated Resources (AFCR) has appointed “resource entrepreneur” Roy Pitchford acting CEO with immediate effect. Pitchford, the former CEO of mineral firms African Minerals, Cluff Resources Zimbabwe (Cluff), Delta Gold Zimbabwe, African... 

African Minerals selects FEED engineer for Tonkolili

By: Natasha Odendaal     17th February 2014 London-listed African Minerals has appointed Ausenco the engineer for the front-end engineering design (FEED) for the Phase 2 project expansion of its Tonkolili iron-ore mine, in Sierra Leone. Ausenco will start establishing the flowsheet and design parameters for the first Phase 2 concentrator,... 

CoAL formalises Brown as CEO

By: Natalie Greve     4th February 2014 After spending almost six months as acting CEO of Coal of Africa Limited (CoAL), David Brown has been permanently appointed to the position, with effect from February 1. Brown, who had also been appointed executive director, joined the CoAL board after almost 14 years at Impala Platinum... 

Tonkolili on track to meet 20Mt/y target during 2014

By: Leandi Kolver     27th January 2014 Production from iron-ore developer African Minerals’ Tonkolili operation, in Sierra Leone, was expected to stabilise at 20-million tons a year during 2014, with cash costs falling to around $30/t, CEO Bernie Pryor said on Monday. "The Tonkolili project finalised its construction in May 2013 and... 

Tewoo to invest $990m in Tonkolili iron-ore project

By: Leandi Kolver     26th September 2013 London-listed iron-ore firm African Minerals has entered into a memorandum of understanding (MoU) with China-based import and export enterprise Tianjin Materials and Equipment Group Corporation (Tewoo) in respect of the Tonkolili iron-ore project and its associated infrastructure in Sierra Leone.... 

African Minerals stabilising Tonkolili at 20 Mt/y, lowers sales guidance

By: Leandi Kolver     11th September 2013 London-listed African Minerals was making continued progress towards stabilising its Tonkolili iron-ore operation at the 20-million-tonnes-a-year level, new CEO Bernie Pryor said on Wednesday. Pryor was appointed CEO of the company on August 14, replacing Keith Calder, who became CEO in July... 

Cockerill appointed African Minerals vice-chairperson

By: Idéle Esterhuizen     22nd July 2013 Former Gold Fields CEO Ian Cockerill has joined the board of West African iron-ore miner African Minerals as an independent director and vice-chairperson, the company announced on Monday. Cockerill, whose appointment is in line with African Minerals’ objective of having a majority of independent... 

African Minerals exceeds 20Mt/y export rate at Tonkolili

By: Natalie Greve     18th June 2013 London-listed African Minerals on Tuesday said it had exceeded the targeted 20-million tonnes-a-year export run rate at its 75%-owned Sierra Leone-based Tonkolili iron-ore mine. The company achieved peak daily mining production of 75 852 t between May 18 and June 16, which, if maintained, would... 

African Minerals advances West Africa’s largest iron-ore mine

By: Natasha Odendaal     10th April 2013 London-listed African Minerals was on track to achieve the targeted 20-million-to-a-year iron-ore production capacity at its Tonkolili project by the second quarter of the 2013 financial year. The Sierra Leone-based iron-ore mine, which tabled a 2013 production guidance of 15-million to... 

African Minerals secures $350m credit facilities

By: Natalie Greve     5th February 2013 London-listed African Minerals on Tuesday announced that final credit committee approvals had been received from Standard Bank for the establishment of two credit facilities worth $250-million and $100-million respectively.A $250-million secured loan facility would provide greater working capital... 

African Minerals appoints Weber as COO

By: Creamer Media Reporter      14th January 2013 Aim-listed African Minerals has appointed Stephan Weber as group chief operating officer, with effect from February 1. Weber was previously CEO of Anglo American Iron Ore Brazil and a member of Anglo American’s group executive committee. 

Newly Aim-listed explorer focusing on Zimbabwe tungsten, rare earths

By: Martin Creamer     14th December 2012 The initial focus of aspirant multi-commodity natural resource asset developer Premier African Minerals, which this week raised £1.5-million on admission to the London’s Alternative Investment Market (Aim), is tungsten and rare-earth-elements exploration work in Zimbabwe. The... 

Final engineering design of $1.7bn integrated iron-ore project to be completed in 2013

By: Leandi Kolver     27th July 2012 Capital and operating costs, as well as the construction schedule for Phase 2 of the Tonkolili project in Sierra Leone are currently being developed, including rail and port expansions, by engineering company China Communications Construction Corporation. Final engineering design is expected to... 

Transport infrastructure conference to pave way for efficient African logistics 

By: Reggie Sikhakhane     12th June 2012 Increased interest in African commodities has resulted in most African countries reviewing their transport and logistics networks, particularly railway and port infrastructure to improve the conveyance of mined materials.  

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