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Kibo’s shares rise as Mbeya coal mine recommended for special mining licence

By: Simone Liedtke     Updated 3 hours ago Aim- and JSE-listed Kibo Energy’s share price on the LSE increased by 10.69% on Wednesday morning after the company announced that the Mbeya coal mine, which comprises the mining component of the Mbeya coal-to-power project (MCPP), has been recommended for the grant of a special mining licence... 

Free State has potential to host further commercial kimberlites – Botswana Diamonds

By: Simone Liedtke     25th September 2018 The Free State has the potential to host further commercial kimberlites, says Botswana Diamonds, referencing research in various archives into the history of diamond mining in South Africa. Following the initial document research work and ground truthing, Aim-listed Botswana Diamonds has since... 

Local coal future depends on economic situation

By: Jessica Oosthuizen     21st September 2018 Coal mining currently provides more than 86 000 jobs locally, and this figure will increase as more junior mines are expected to open in the future, provided that the economic situation “does not deteriorate further”, says coal consulting company XMP Consulting senior coal analyst Xavier Prévost.... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Botswana trims growth prospects, sees wider budget deficits

By: Reuters     18th September 2018 Botswana's economy is expected to expand by 4.5% this year, down from an estimate in February of 5.3%, the finance ministry said on Tuesday at a 2019 budget conference. A senior official in the diamond-producing southern African nation’s economy said the government expects an optimistic medium... 

New Botswana coal mine development under way – Minergy

By: Martin Creamer     18th September 2018 Work is under way on the new Masama coal mine, which Botswana Stock Exchange-listed Minergy expects to commission in January, ahead of its primary listing on London’s Alternative Investment Market (Aim) in the first half of next year. The 390-million-tonne Masama, located in the Mmamabula... 

Cradle Arc renews prospecting licences near flagship Mowana copper mine

By: Schalk Burger     14th September 2018 Africa-focused base and precious metals exploration and production company Cradle Arc on Friday announced that it had renewed prospecting licences to the north of its flagship Mowana copper mine, in Botswana, along the same Bushman Lineament that hosts the current resource estimate for Mowana.... 

Tsodilo's Botswana kimberlite project produces 44 ct

By: Schalk Burger     14th September 2018 TSX-listed Tsodilo Resources’ BK16 kimberlite project, in the Orapa kimberlite field, in Botswana, has produced a third parcel of diamonds, comprising 279 diamonds weighing 43.95 ct, the company said in a statement on Thursday. The diamondiferous BK16 kimberlite pipe is about 6 ha in size at... 

Tango’s African diamond focus grows

By: Schalk Burger     14th September 2018 TSX-listed Africa-focused Tango Mining on Thursday reported production since January of 941 ct of high-value diamonds from its Oena diamond mine, in the Western Cape. It also reported on progress at further diamond exploration projects in Angola, Liberia and Botswana. 

Mine looks to increase local labour force

14th September 2018 Canada-based mining and metals company First Quantum Minerals (FQM) aims to achieve a target of sourcing 25% of its employees from the surrounding area of the North-Western province of Zambia for the Sentinel mine in Kalumbila. The miner states that its local employment figures have continued to... 

New exploration licences validated

14th September 2018 Canada-based diversified miner Maxtech Ventures last month announced that its Zambian mining operation, Maxtech Mining Zambia’s two large-scale exploration licences have been validated by the Minister of Mines and Mineral Development of Zambia. The first large-scale exploration licence is for an... 

Johnson Crane Hire

12th September 2018 Ranked among the top crane hire companies in the world, Johnson Crane Hire operates the largest mobile crane fleet in Africa. The company has an acknowledged track record for delivering appropriate solutions to the mining, petrochemicals, power and civil infrastructure industries throughout South... 

Brasco Electrical 

10th September 2018 The Brasco Group of Companies was established in 1991 and has been flourishing ever since. Brasco Electrical saw the company come into being, and it was this division that opened the door for many more to follow. The Brasco Group of Companies now offers a comprehensive range of services,... 

Crade Arc signs Mali project exploration agreement with Indiana Resources

By: Marleny Arnoldi     10th September 2018 Aim-listed copper and gold miner Cradle Arc’s subsidiary Caracal Gold Mali has entered into a joint venture (JV) agreement with Mukuyu Resources for the exploration and development of Cradle’s 137 km2 Kossanto West gold project, in Mali. The area comprises the Kobokoto and Koussikoto... 

Kavango receives permit for Botswana electromagnetic survey

By: Tasneem Bulbulia     7th September 2018 Exploration group Kavango Resources has received a permit for the airborne electromagnetic geophysical survey of its KSZ project in south-west Botswana. The permit for the flying of the electromagnetic survey (VTEM) to be carried out over the licences in the Kalahari Suture Zone area was granted... 

Mining waste set to grow, but ‘reduce, reuse, recycle’ solutions abound

By: Tracy Hancock     7th September 2018 The evolution of waste management techniques to accommodate the shift to low-grade ores by mining operations is one of the key emerging trends in the global mining waste management market, states UK market research company Technavio. The London-headquartered company explains that in the last... 

Mining waste set to grow, but ‘reduce, reuse, recycle’ solutions abound

By: Tracy Hancock     7th September 2018 The evolution of waste management techniques to accommodate the shift to low-grade ores by mining operations is one of the key emerging trends in the global mining waste management market, states UK market research company Technavio. The London-headquartered company explains that in the last... 

Accelerate processes to ensure timeous recovery of mining sector – govt urged

By: Nadine James     7th September 2018 Integrated infrastructure delivery company AECOM is well-poised to make inroads into the mining industry, says AECOM Africa strategy and growth director Fadzai Nyamasve. She tells Mining Weekly that  although there  is still uncertainty in the market regarding the Mining Charter, AECOM expects... 

Parnis Manufacturing

6th September 2018 With over 40 years’ experience in the mining and energy sectors, Parnis Manufacturing has become synonymous with an uncompromising commitment to service and quality. In addition to its extensive work for the mining sector in South Africa and beyond, Parnis Manufacturing has made great strides in... 

Forward, forward and forward

4th September 2018 After a decade in operation the 100% black-owned mineral processing and dust extraction company, MIP Process Technologies (Pty) Ltd, continues to make its mark on the industry despite the challenges facing the mining and related industries. Year on year the company has improved its bottom line... 

Lab-made diamonds for less: Why De Beers's plan worries rivals

By: Bloomberg     4th September 2018 De Beers hasn’t even opened its first synthetic diamond store, but its looming entry into the market for man-made gems has already shaken the industry. The unit of Anglo American said three months ago that it plans to sell lab-grown diamonds at a fraction of the going rate, undercutting rivals... 

De Beers will allow buyers to reject cheap diamonds

By: Bloomberg     4th September 2018 De Beers is allowing its diamond buyers to refuse some lower-quality stones at its sale this week, according to people familiar with the situation. It’s a rare move by De Beers, which is famous for requiring buyers to take what’s offered, and highlights the weak state of the low-end diamond... 

Chicago Pneumatic pulls a double act in Limpopo

31st August 2018 Over the past seven months, the Mining & Technical Exhibitions (MTEs) have been host to Chicago Pneumatic’s successful portable generator giveaways; the two recent Limpopo exhibitions being no exception. Taking place across South Africa, Botswana and Zambia, the MTEs provide the ideal platform... 

Industrial clothing maker develops women’s mining range

31st August 2018 For almost 25 years, industrial clothing manufacturer JAVLIN has been designing and manufacturing workwear to withstand the demands of Africa’s toughest workplaces. In line with this, the company has developed a women’s clothing and footwear range specifically for the mining industry. “The range... 

Bigen wins two Standard Bank Top Women Empowerment Awards

By: Creamer Media Reporter      31st August 2018 The Bigen Group, an innovative and solutions-focused infrastructure development group, earned two sought-after Standard Bank Top Women Awards. Bigen was named Top Gender Empowered Company in Infrastructure Development and CEO Anton Boshoff the Top Male Driving Gender Empowerment at the annual... 

Market expansion met with growth, demand

By: Paige Müller     31st August 2018 Modular building supplier Speedspace is focusing on alternative market diversification and penetration to bolster its Southern Africa operations amid recent declines in product demand from local mining houses. Speedspace MD Hennie Wiggett tells Mining Weekly that the company anticipated hardships... 

Showcasing Mining Productivity & Safety with Probe IMT at Electra Mining Africa 2018

By: Creamer Media Reporter      30th August 2018 Probe Integrated Mining Technologies (IMT), are trusted suppliers of productivity and safety products that yield capacity and reduce the risks inherent to earth moving and transport civil operations, will be exhibiting at the Electra Mining Africa 2018, from Monday, September 10th  to Friday,... 

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... 

Kibo, GE expand their collaboration on energy projects

By: Creamer Media Reporter      29th August 2018 Aim- and AltX-listed Kibo Energy has entered into an expanded collaboration agreement with US-based General Electric (GE). Under the terms of the agreement, GE will work with Kibo to develop its portfolio of energy projects in Tanzania, Botswana and Mozambique, as well as enhance its strategy of... 

Roff Industries on reducing dust explosion risks

29th August 2018 Local manufacturer Roff Industries believes that organisations spending huge amounts on certified explosion-proof electrical equipment could achieve substantial savings by avoiding the main hazard – the build-up of dust. 

MOD to make T3 decision by March

By: Esmarie Swanepoel     29th August 2018 ASX-listed MOD Resources is expected make a decision to mine its T3 copper project, in Botswana, in by the end of March next year, with first production targeted for late 2020. MOD MD Julian Hanna told delegates at the Africa Downunder conference, in Perth, that an updated feasibility study for... 

Minergy awarded mining licence for Botswana coal mine

By: Marleny Arnoldi     28th August 2018 Botswana Stock Exchange-listed Minergy aims to commission its Masama coal mine, in Botswana, in January, and to start producing coal within a month thereafter. This follows the company being granted a mining licence by the Ministry of Mineral Resources, Green Technology and Energy Security.  

Botswana Diamonds excited about working with Vast on Zim diamond concession

By: Simone Liedtke     23rd August 2018 Botswana Diamonds chairperson John Teeling on Thursday said the company was looking forward to working with fellow Aim-listed Vast Resources on realising the full potential of the Hertiage diamond concession area and other areas in Zimbabwe. This followed Wednesday’s announcement by Vast that it... 

South African watchdog approves Glencore's bid for Chevron assets

By: Reuters     23rd August 2018 South African competition watchdog has given Glencore's bid worth roughly $900-million for Chevron's local and Botswana assets the green light, it said on Thursday. But the Competition Commission placed a number of conditions on its approval, including the preservation of jobs after the deal and... 

Lucara subsidiary to collaborate with diamond tech company

By: Creamer Media Reporter      20th August 2018 Lucara Diamond Corporation’s Clara Diamond Solutions subsidiary has entered into a collaboration agreement with diamond industry technology developer Sarine Technologies. Clara, a digital sales platform acquired by Lucara in February, will be the exclusive, worldwide customer for customised... 

One of South Africa’s oldest gold mines likely to reopen next year

By: Mariaan Webb     16th August 2018 Southern Africa-focused Galane Gold is advancing plans to reopen the Galaxy gold mine near Barberton, in Mpumalanga, with the company saying on Thursday that first production at the property is planned for March next year. The TSX-V-listed miner, which operates the Mupane mine in Botswana, said... 

First-half diamond sales down 16% at Botswana's Okavango

By: Reuters     15th August 2018 Sales at Botswana's State-owned Okavango Diamond Company (ODC) fell 16% in the first half of 2018 to $260-million, its managing director said, citing a high comparison base against last year's record growth. Marcus ter Haar said the company sold 1.778-million carats in the first half of 2018... 

Lucara recovers 253 special diamonds at Karowe in Q2

By: Simone Liedtke     10th August 2018 TSX-listed Lucara Diamonds’ Karowe mine, in Botswana, delivered 253 diamonds larger than 10.8 ct during the second quarter, ended June 30, representing 10.5% of the total recovered carats. This is also the highest number of specials recovered, by quarter, since production started at Karowe. 

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