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Gamsberg set to trigger new wave of industrialisation in Northern Cape 

By: Simone Liedtke     18th January 2019 With diversified miner Vedanta Zinc International’s (VZI’s) flagship Gamsberg project coming on stream, the Northern Cape province has the potential to become a base metals mining, processing and beneficiation hub. VZI CEO Deshnee Naidoo says Gamsberg has the potential to have a huge impact on... 

Gamsberg set to trigger new wave of industrialisation in Northern Cape

By: Simone Liedtke     18th January 2019 With diversified miner Vedanta Zinc International’s (VZI’s) flagship Gamsberg project coming on stream, the Northern Cape province has the potential to become a base metals mining, processing and beneficiation hub. VZI CEO Deshnee Naidoo says Gamsberg has the potential to have a huge impact on... 

South African company building new smelter in Zimbabwe

By: Creamer Media Reporter      17th January 2019 Foundry and engineering company Thos Begbie is working in the Great Dyke of Zimbabwe, close to the town of Shurungwi, where it is helping to construct the Unki platinum smelter, adjacent to a mining operation owned by platinum mining company Anglo American Platinum (Amplats). Thos Begbie was... 

Sibanye adds global experience to safety panel 

By: Marleny Arnoldi     17th January 2019 JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has established a Global Safe Production Advisory Panel, after identifying the need for an additional safety initiative in 2018. The panel consists of a group of leading academics and is chaired by Sibanye group safety head Dr Kobus... 

Iamgold meets guidance, says Cote decision expected in Q1

By: Mariaan Webb     17th January 2019 Midtier miner Iamgold produced 231 000 oz in the fourth quarter of 2018, bringing the year’s production to 882 000 oz, comfortably meeting its guidance of 850 000 oz to 900 000 oz. In a preliminary production announcement, the company said on Wednesday that it had a record production year at its... 

Robots go to the "bottom": development forecasts for automated mining systems in 2019

15th January 2019 It is not a secret that the mining industry has historically been extremely conservative, and it has always been difficult to bring miners to experiment in the production, which has been developing for centuries. But the 21st century dictates its terms and to stay afloat, traditional businesses... 

Foreign investors eye stake in IOC’s LNG terminal to be commissioned this month

By: Ajoy K Das     14th January 2019 Indian Oil Corporation (IOC), the country’s largest oil refiner-marketer, will be willing to offer strategic equity stake to overseas investors in its liquefied natural gas (LNG) terminal ready for commissioning at the end of this month. IOC in a statement said that construction of the LNG... 

Agri-hub seen as key post-mining-economy jobs driver in west Gauteng  

By: Terence Creamer     14th January 2019 An ambitious plan to develop Gauteng’s West Rand into an agri-industrial hub, primarily producing high-value crops for domestic and export markets, is starting to take shape and is expected to be officially launched during the first quarter of 2019. The initiative has been branded ‘Bokamoso Ba... 

Berkeley shares surge on media reports

By: Esmarie Iannucci     11th January 2019 The share price of junior Berkeley Energia jumped by more than 63% on Friday, following media reports that its Salamanca uranium project, in Spain, had been approved. The ASX- and LSE-listed company told shareholders that despite the Spanish media reports, the company had received no official... 

Value-chain relationship rebuild essential for platinum group metals’ survival – Ritchken 

By: Martin Creamer     10th January 2019 The rebuilding of key strategic relationships across the value chain of the platinum group metals (PGMs) sector is essential for the survival of the industry, Mining Phakisa coordinator Edwin Ritchken states in the book The Future of Mining in South Africa: Sunset or Sunrise, published by the... 

BP awaits BHP decision on Atlantis spend

By: Esmarie Iannucci     9th January 2019 Energy giant BP has approved a $1.3-billion expansion of its Atlantis field, in the Gulf of Mexico. The Atlantis Phase 3 development will include the construction of a new subsea production system from eight new wells that will be tied into the current plantform, off the US coast. 

Chile copper mines to triple use of sea water in ten years – report

By: Reuters     9th January 2019 Chile's copper industry will triple its use of sea water for industrial processes in the next decade, State copper agency Cochilco said on Tuesday, as global miners in the world's top producer of the red metal seek alternatives amid growing water shortages. Cochilco said in a report that it... 

Excellon appoints Marcello Locatelli as VP of special projects

By: Simone Liedtke     9th January 2019 TSX-listed Excellon Resources has appointed Marcello Locatelli as VP of special projects. He will be responsible for further optimisation at the company’s operations and project evaluation. 

If you can't pipe it, refine it: Alberta seeks oil glut solution

By: Bloomberg     7th January 2019 What’s worse: Too much oil, or too much gasoline? The government of Alberta, weighing the potential of a new refinery for the province, may be on its way to finding out. In 2018, surging crude production in the Canadian province ran into limited space on export pipelines, creating bottlenecks and... 

Indian billionaire's Australian mine plans face further delay

By: Bloomberg     21st December 2018 Gautam Adani’s long quest to build a coal mine in the Australian outback faces another setback, with the Queensland state government refusing to sign off on the company’s plans before further studies into the project’s environmental impact are complete. “Two plans are yet to be approved before... 

Resources Watch  

13th December 2018 Global association aims to build sustainable future for zinc And, Innovate and generate cash at same time 

Morwe signals strategy shift as he prioritises restoration of trust amid ‘turbulance’ 

By: Terence Creamer     7th November 2018 Transnet acting CEO Tau Morwe is prioritising the restoration of trust, internally and externally, which he acknowledges has been affected by the “turbulence” associated with recent action taken by the board to tackle corruption and recover money “siphoned” from the State-owned company. However,... 

Australian miners embracing automation in quest for improved safety, efficiency

By: Esmarie Iannucci     2nd November 2018 While the phrase ‘automation’ might evoke visions of a Schwarzenegger-esque future in which machines rise up to take over the world, it has come to have a distinctly different connotation in Australia. From drones being used to safely map, survey and explore mining operations to autonomous trains... 

Diamond industry’s confidence in XRT sorting growing

2nd November 2018 X-ray transmission (XRT) technology has ushered in a new era for diamond recovery, with an increasing number of mining companies embracing the technology and scaling back on the use of conventional technologies, such as dense-media separation, for the treatment of middle- and coarse-sized... 

Encana to acquire shale oil producer Newfield for $5.5bn

By: Bloomberg     1st November 2018 After years of slimming down its oil and gas holdings, Canada’s Encana is reversing course with a $5.5-billion acquisition of a US shale producer in what will be the company’s biggest-ever deal. Encana agreed to purchase Newfield Exploration, which will give it positions in the Stack and Scoop... 

Amplats extends Zizwe Batlase contract at Amandelbult Complex

By: Simone Liedtke     31st October 2018 Platinum miner Anglo American Platinum (Amplats) on Wednesday announced that the contract with joint venture (JV) company Zizwe Batlase for the provision of strip-mining services at the Amandelbult Complex has been extended. Zizwe Batlase is 51% owned by the local community of Baphalane through... 

Kirkland Lake positioned for a ‘strong finish’ to 2018

By: Creamer Media Reporter      31st October 2018 Mid-tier gold producer Kirkland Lake is positioned for a strong finish to the year, president and CEO Tony Makuch said on Tuesday, announcing another revision to the company’s production guidance for 2018. The miner, which operates in Canada and Australia, increased its full-year guidance to... 

ELB and NOVATEC forms partnership to combine innovation and new technologies into engineered solutions

By: Creamer Media Reporter      30th October 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce a partnership agreement between ELB and NOVATEC New Technologies (NOVATEC), based in Labin, Croatia. NOVATEC is a computer engineering, process automation and system integration company and active in the South African market since... 

Battery metal bulls fear China's big disrupter to hit nickel

By: Bloomberg     29th October 2018 Commodity traders expect nickel, the silvery-white metal used to make stainless steel, to be a winner from the electric-vehicle revolution -- it’s a key component of batteries. But a Chinese metals giant with a knack of upending markets is threatening to spoil the party. Tsingshan Holding Group... 

Shake-up at US energy regulator raises specter of coal bailout

By: Bloomberg     26th October 2018 An untimely resignation has given one Kentucky Republican a second shot at saving coal. Neil Chatterjee, former energy adviser to Senate Majority Leader Mitch McConnell, has been tapped to lead the Federal Energy Regulatory Commission after Chairman Kevin McIntyre stepped down this week due to... 

New lease on life for Leeuwpan

26th October 2018 Diversified miner Exxaro Resources’ Leeuwpan opencast coal mine, in Mpumalanga, was at risk of running out of coal, until last month a new road gave it access to coal reserves. “Leeuwpan needed to develop an area where it could mine another 5.1-million tons a year to extend its life by a further... 

China cutting rare earth output, unnerving global manufacturers

By: Reuters     25th October 2018 The Chinese government is limiting domestic production of rare earth minerals in the second half of the year, a move likely to crimp international exports and send prices for the critical materials higher, according to data from Adamas Intelligence. China is by far the world's largest producer... 

Community Development Agreements compulsory for mining in Malawi

By: Creamer Media Reporter      24th October 2018 A new Mining Act anticipated to be promulgated in Malawi this year will make it compulsory for all mining companies to undertake Community Development Agreements (CDAs). Describing it as an “important change,” AECOM Senior Specialist Karien Lotter explains that companies must commit a... 

Strike Energy raises A$13m

By: Esmarie Iannucci     24th October 2018 ASX-listed Strike Energy has received binding commitments from institutional and professional investors to successfully raise A$13-million through a share placement. More than 113-million shares will be issued at a price of 11.5c each under the company’s existing placement capacity. 

Resolute maintains FY guidance despite 'disappointing' Sept quarter

By: Esmarie Iannucci     24th October 2018 Gold miner Resolute Mining has maintained its full year production outlook despite a disappointing September quarter. Gold production in the three months to September reached 55 508 oz, compared with the 74 752 oz poured in the June quarter, while the group’s all-in sustaining costs (AISC)... 

Uranium market's Aramco unveils London IPO despite Trump threat

By: Bloomberg     22nd October 2018 The initial public offering (IPO) of the world’s largest oil producer Saudi Aramco may be on the back burner, but the IPO of its uranium-market equivalent is full steam ahead. Kazatomprom, the world’s No. 1 producer of the nuclear fuel, on Monday said it would list as much as 25 percent of its... 

Palladium nears record after hedge funds piled in amid shortages

By: Bloomberg     22nd October 2018 Palladium climbed near a record as the US plans to pull out of the nuclear weapons pact with Russia, fueling tensions with one of the largest producers at a time when consumers are already scrambling for supplies. Production will trail consumption by 481 000 ounces this year and deficits will... 

Lonmin undertakes refinancing, delivers on results promise 

By: Simone Liedtke     22nd October 2018 Platinum miner Lonmin has entered into a $200-million metal purchase agreement with Pangaea Investments Management (PIM), an associate company of Jiangxi Copper Company (JCC), which will provide the miner with improved liquidity and remove certain restrictive current lender conditions. Of the... 

De Beers eyes tech markets for synthetic diamonds future 

By: Reuters     19th October 2018 Anglo American unit De Beers is going after lucrative, but elusive high-tech markets in quantum computing, as it aims to expand its lab-grown diamond business beyond drilling and cutting. Element Six, De Beers' synthetic diamond arm, is building a $94-million factory in Portland, Oregon, an... 

Major equipment for Guinea bauxite project delivered

By: Rebecca Campbell     19th October 2018 United Arab Emirates (UAE) group Emirates Global Aluminium (EGA) has announced that the single biggest piece of equipment for its Boké bauxite project has arrived in the Republic of Guinea, in West Africa. Boké is being developed by EGA subsidiary Guinea Alumina Corporation (GAC). The... 

Conveyor belts are a leading cause of underground fires yet they are avoidable

18th October 2018 This year has proven to be one of the deadliest for mine safety in South Africa since 2012. One of the leading causes of deaths and injury in mines is fire and a large proportion of fires are caused by conveyor belts. Conveyor belts are widely used in mining, both under and above ground. Yet... 

Hudbay investor is said to seek changes to miner's board

By: Bloomberg     17th October 2018 An investor in Hudbay Minerals wants to meet with the Toronto miner to discuss replacing members of its board, as well as to seek assurances it won’t pursue acquisitions or joint venture without consulting shareholders, according to a person familiar with the matter. Waterton Global Resource... 

Renewable energy industry comments on draft IRP

By: Kim Cloete     17th October 2018 The renewable energy sector in South Africa has welcomed the draft Integrated Resource Plant (IRP) 2018, but has also expressed concerns. “While the IRP forecasting is rational in its choices, it unfortunately requires us to accept some overly optimistic assumptions,” said the South African... 

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