http://www.miningweekly.com
R/€ = 14.40 Change: 0.10
R/$ = 12.89 Change: 0.04
Au 1265.79 $/oz Change: -1.45
Pt 958.00 $/oz Change: -2.00
 

Topic

Kazakhstan to produce nuclear fuel for China

By: Reuters     26th May 2017 Kazakhstan, the world's biggest uranium producer, will start producing nuclear fuel for Chinese power plants in 2019 through a joint venture set up by the two countries, a senior official at the Ulba Metallurgical Plant told Reuters. The joint venture, Ulba-FA, is now building on land at the Ulba... 

Up to 6% of Barrick’s 2017 output impacted by Tanzania ore export ban

By: Henry Lazenby     26th May 2017 The world’s largest gold producer by volume, Canada’s Barrick Gold, on Thursday revealed that up to 6% of its attributable output could be affected by the ongoing ban on mineral concentrate exports affecting the operations of its 63.9% subsidiary Acacia Mining, in Tanzania. Acacia’s Bulyanhulu... 

Botswana business expected to ‘flourish’

By: Simone Liedtke     26th May 2017 Mineral processing equipment solutions provider Multotec aims to find a balance between initiatives that drives localisation and benefits communities in Botswana, and the advantages associated with international connections, following the relaunch of the fully-fledged Botswana-registered and... 

Council for Geoscience launches near-shore mapping programme

By: Ilan Solomons     26th May 2017 Mineral resources are important to the economy and capacity building of South Africa and are being extensively exploited on land and there will likely be a shift towards the offshore environment, where exploration is currently focussed on diamonds and titanium sand, says Council for Geoscience... 

Junior miners well placed to exploit better-performing commodities

By: Dylan Slater     26th May 2017 After a downturn of several years in the mining and mineral resources sector globally, “green shoots” are appearing off the back of a recovery in commodity prices that began in 2016, with a corresponding improvement in investor sentiment, according to Botswana-based coal and energy development... 

Mineral scanner to facilitate identification of reactive ground

     26th May 2017 In another step towards safer blasting practice, Johannesburg-headquartered explosives and services supplier BME is adapting its XRF Delta Pro mineral scanner to quickly identify reactive-ground conditions that could lead to blast site incidents. “This can give us real-time information that... 

Mgojo elected president as chamber heads for new beginning, new name, rebranding

By: Martin Creamer     24th May 2017 It is an organisation that is more relevant today than it has ever been in its 128-year history. Its role is so much more than mining. It operates in a changing environment and needs to contemplate its own new identity and name. 

Graphex agrees to terms with Chinese partner

By: Esmarie Swanepoel     24th May 2017 Junior Graphex Mining has agreed to the terms of a joint venture (JV) and offtake agreement over its Chilalo graphite project, in Tanzania, with a Chinese syndicate led by CN Docking Joint Investment and Development Co. The syndicate would be required to make an equity investment of between... 

Vedanta hits production high spot at Black Mountain

By: Martin Creamer     24th May 2017 Diversified mining company Vedanta has achieved its highest quarterly production in four years at Black Mountain in South Africa, where the Gamsberg zinc project is on track to begin production towards the middle of next year. In addition, mobilisation on the Skorpion pit layback, in neighbouring... 

Endeavour reports solid progress with Houndé construction 85% complete

By: Henry Lazenby     23rd May 2017 West Africa-focused miner Endeavour Gold has reached the 85%-complete mark in building the Houndé mine, in Burkina Faso, after receiving and starting installation of the longest lead time item, the semi-autogenous grinding mill. Endeavour, which expects to produce between 600 000 oz and 640 000... 

Thos Begbie’s global quality status boosted by on-the-spot Dekra 

By: Martin Creamer     23rd May 2017 The same-site working relationship that Thos Begbie has established with global quality inspectorate Dekra Industrial RSA is giving the prolific exporter of copper castings a commercial edge in its global dealings with mining and smelter-related customers worldwide. Thos Begbie now hosts the... 

Trump woe seen double-edged sword for gold if inflation ebbs

By: Bloomberg     22nd May 2017 For gold, the biggest crisis of Donald Trump’s Presidency could cut both ways. While prices may continue to rise as investors seek a “safety trade", they could also drop if the turmoil ends up damping inflation risks as growth expectations are disappointed, according to Michael Cuggino,... 

Mining magnet Andrew Forrest’s A$400m philanthropic donation lauded

By: Esmarie Swanepoel     22nd May 2017 Mining magnate Andrew Forrest has become Australia’s largest living philanthropist, donating A$400-million of his own fortune to fund a number of social and scientific causes, including cancer research, equality, higher education and ending ‘modern-day slavery’. Prime Minister Malcolm Turnbull... 

Move over Tesla, Europe's building its own battery gigafactories

By: Bloomberg     22nd May 2017 Battery-making gigafactories are about to arrive in Europe, challenging a lead Tesla is building at a plant in Nevada and opening the way for a quicker shift toward green power for both cars and utilities. German Chancellor Angela Merkel on Monday is scheduled to break ground at a €500 million... 

India, Japan to push for One Belt, One Road counter at AfDB conference 

By: Ajoy K Das     19th May 2017 India will unleash its highest level of economic diplomacy at next week’s African Development Bank (AfDB) conference in the western city of Ahmedabad, with the aim of setting quantifiable targets of international economic and trade cooperation between the continents in a bid to counter China’s... 

Adani vows to pay ‘every cent’ owed to Qld as talks of royalty holiday emerge

By: Esmarie Swanepoel     19th May 2017 Indian major Adani is reportedly in talks with the Queensland government over a “royalty holiday” for its $16.5-billion Carmichael coal project. Local media reports state that the proposed agreement will see Adani pay just A$2-million a year in royalties once the project starts operating, with... 

South Africa Inc needs to pull out all stops to boost platinum demand

By: Martin Creamer     19th May 2017 Platinum has special South African significance, which presents an ideal opportunity for business, government and labour to work together to revive the falling fortunes of platinum group metals (PGMs), the rising palladium price rise notwithstanding. Huge emphasis needs to be placed on the demand... 

Strong stance on employee safety required – miner

     19th May 2017 South Africa’s diverse wealth of minerals and a well-regulated mining industry mean mines employ hundreds of thousands of mineworkers from all over Africa, states miner, refiner and marketer of platinum-group metals Impala Platinum (Implats). 

Volt unveils plans for Tanzania graphite project

By: Esmarie Swanepoel     18th May 2017 Graphite developer Volt Resources has unveiled plans to develop its Namangale project, in Tanzania, in two stages, with first concentrate production starting in mid-2018. A previously completed prefeasibility study (PFS) considered a number of production scenarios ranging from 60 000 t/y to 240... 

Report sketches optimistic outlook for BC mining sector

By: Creamer Media Reporter      17th May 2017 The mining industry in British Columbia is cautiously optimistic as prices of key metal and resource commodities either rose or stabilised in 2016, new analysis by professional services firm PwC Canada has found. The trend continued into the first quarter, building on net mining revenues rising... 

Cliffs starts production of Mustang superflux pellets at United Taconite

By: Henry Lazenby     17th May 2017 US iron-ore producer Cliffs Natural Resources on Tuesday started production of the new Mustang superflux pellet at its United Taconite mine, in Minnesota. The start-up of new production equipment, including supporting infrastructure, occurred on schedule after nine months of construction, and... 

Eldorado buys project developer Integra for C$590m

By: Henry Lazenby     15th May 2017 Canadian multinational miner Eldorado Gold has agreed to buy fellow Canadian project developer Integra Gold in a cash-and-scrip deal worth about C$590-million, the companies announced late on Sunday. Vancouver-headquartered Eldorado, which has operations and development projects in Turkey,... 

Chinalco proposes taking entire Guinea Simandou iron-ore mine

By: Reuters     15th May 2017 Chinalco has asked Guinea to let it take over the whole of the troubled Simandou iron-ore mine project, sources familiar with the matter say, as Beijing pursues a global strategy to secure key resources for its vast economy for decades to come. Mired in legal disputes, located in Guinea's remote... 

Guinea town's unrest a cautionary tale for African mining

By: Reuters     12th May 2017 When the frustration of youths in this Guinean mining town finally erupted, they looted shops, pillaged government buildings and smashed up dozens of vehicles, dispersing only when police opened fire. "It was an immense crowd," said Lieutenant Souare Abdoul, a fireman who had to shelter in a... 

Improved outcomes at member quarries

     12th May 2017 Voluntary producers association Aggregate and Sand Producers Association of Southern Africa (Aspasa) notes a significant improvement in the environmental stewardship of its member quarries across South Africa since the inception of its About Face programme. Launched in 1994, the programme has... 

Precious metals streaming pioneer Silver Wheaton morphs into Wheaton Precious Metals

By: Henry Lazenby     11th May 2017 Following its annual general meeting on Wednesday, shareholders elected to change the name of the pioneer of the precious metals streaming model, Silver Wheaton, to Wheaton Precious Metals. The change of name is effective immediately, and the company’s wholly owned subsidiary, Silver Wheaton... 

Geodrill reports ‘most promising start to any fiscal year ever’ – CEO

By: Henry Lazenby     9th May 2017 A 20% jump in first-quarter revenues bears witness to strong demand for drilling services provided by Canada-based Geodrill, prompting president and CEO Dave Harper to bill the three months ended March as “the most promising start to any fiscal year ever”. The Toronto-based company recorded... 

Vesconite Bearings arranges US earthmoving roadshow

     8th May 2017 South Africa-based high-performance polymer producer Vesconite Bearings is arranging a roadshow to US earthmoving customers in June. This is according to newly-appointed earthmoving representative Juan van Wyk, who is spearheading the company’s drive to have the earthmoving industry use the... 

Junior mining set to benefit from resurgence in sector

     8th May 2017 After several years of a downturn in the mining and mineral resources sector, green shoots continue to appear off the back of a recovery in commodity prices which began in 2016, with a corresponding improvement in investor sentiment.   The general sentiment is that a recovery is underway in the... 

Massey investor suit tossed as Blankenship nears freedom

By: Bloomberg     5th May 2017 Former Massey Energy directors won’t have to face an investor lawsuit blaming them for a series of safety failures that led to the deaths of 29 coal-mine workers. Delaware Chancery Court Judge Andre Bouchard dismissed the case Thursday on procedural grounds. The lawsuit accused directors of... 

Tongon permit review confirms opportunities to extend mine life

By: David Oliveira     5th May 2017 A review of Africa-focused gold producer Randgold Resources’ Nielle permit, which hosts the company’s Tongon mine, in Côte d’Ivoire, has confirmed a number of opportunities to extend the life of the operation beyond the current four-year projection, company CEO Mark Bristow said during a site... 

Randgold’s best first quarter in five years – Bristow

By: Martin Creamer     4th May 2017 Gold mining company Randgold Resources has recorded substantially higher profit in the three months to March than in the corresponding first-quarter period last year. “This is probably the best quarter-one we’ve had for five years,” Randgold Resources CEO Dr Mark Bristow told Mining Weekly Online... 

India mulls oil pipeline to Myanmar

By: Ajoy K Das     4th May 2017 Pushing ahead with its ‘oil and energy diplomacy’ in neighbouring countries, India is considering building an oil pipeline to connect refineries in its north-eastern provinces to consumer centers in Myanmar. According to senior government officials in the Petroleum and Natural Gas Ministry,... 

The growth of a diversified economy through the development of mining and energy at ZIMEC 2017!

By: Creamer Media Reporter      3rd May 2017 Lusaka, Zambia – April, 2017 - With around 70% of Zambia’s earnings currently depending on copper mining, the Zambian government aims to diversify mining activities and strive towards a sustainable and viable mining sector.  

Energia to study alternative project configuration at Gorno

By: Esmarie Swanepoel     3rd May 2017 ASX-listed Energia Minerals will investigate the reconfiguration of its Gorno zinc project, in Italy, following an increase of the project’s resource estimate. Energia on Wednesday reported that in-fill drilling programme had more than doubled the indicated resource at the Colonna Zorzone... 

RINL’s merger with NMDC rejected

By: Ajoy K Das     28th April 2017 Indian steel producer Rashtriya Ispat Nigam Limited’s (RINL’s) plan of securing raw material security through corporate activity has suffered a setback with the Indian government ruling out a merger with country’s largest iron-ore miner, NMDC Limited. Steel Minister Chaudhary Birendra Singh this... 

Collaboration key to build pipeline of opportunities on global scale

     28th April 2017 Québec-based carbon-capture technology developer CO2 Solutions president and CEO Evan Price expects its collaboration with global consulting and engineering firm Hatch to be central to the success of its Valorisation Carbone Québec (VCQ) project and instrumental in building the company’s... 

Greater emphasis on ensuring sustainability

By: Nadine James     28th April 2017 Engineering expertise can be used to generate socioeconomic gains for mining companies, particularly in jurisdictions that are dependent on the finite business of mineral extraction, states global engineering and infrastructure advisory firm Aurecon, an adviser to the African mining sector.... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

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
Close