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Walkabout welcomes cornerstone investor

By: Esmarie Swanepoel     20th September 2017 Junior graphite developer Walkabout Resources has welcomed Chinese engineering firm Jinpeng Mining and Machinery as a cornerstone investor. Through a $1-million investment, Jinpeng will become Walkabout’s largest investor, holding 10.6% of the company’s shares. 

Fleet Renewal Puts Burma Plant Hire At Cutting Edge

     18th September 2017 A restructuring and fleet renewal programme at Cape Town-based Burma Plant Hire has put the company on track for further growth in the construction, mining and other sectors. Significantly, the company is a Level 2 contributor to BBBEE. In addition to its traditional base load work in the... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, the 126 ct D-colour Type IIa... 

Lesotho’s Letšeng mine recovers several 100-ct-plus diamonds, expects trend to continue

By: Ilan Solomons     15th September 2017 The Letšeng diamond mine, in Lesotho, recovered several diamonds larger than 100 ct during the first half of 2017, with LSE-listed diamond miner Gem Diamonds upbeat that this trend will continue for the remainder of the year. These gems include the 114.38 ct Type II, 126 ct D-colour Type IIa,... 

SA out of recession but growth far from NDP ambitions

By: African News Agency      5th September 2017 The South African economy is out of recession at the moment, owing to a gross domestic product (GDP) growth of 2.5% in the second quarter of 2017, StatsSA announced on Tuesday. “Let’s go straight into the numbers … the GDP quarter-on-quarter [growth rate] is 2.5%. I saw that analysts in the media... 

Rising prices signal end of ‘hand-to-mouth’ CREE market 

By: Henry Lazenby     22nd August 2017 Higher prices for critical rare earth elements (CREE) are marking a return of confidence to the industry and the end of the so-called “hand-to-mouth” market as users increasingly turn to contracting to secure long-term security of supply. “For several years users were unsure about the market... 

Work advancing to secure Chinese funding for large Greenland zinc project

By: Mariaan Webb     11th August 2017 Base metals developer Ironbark Zinc is continuing to work towards securing Chinese funding for a large potential zinc mine – the Citronen base metals project, in Greenland. Ironbark, which is listed in Australia, is working with China Nonferrous Metal Industry’s Foreign Engineering and... 

Austrian engineering firms complain to EU about 'wage dumping' law

By: Reuters     9th August 2017 An Austrian law which could deter companies from contracting out work to lower-cost eastern Europe firms is in breach of EU law, the country's engineering industry has argued in a filing to the European Commission. Austria's Association of Metaltechnology Industries said late on Tuesday it had... 

New association launched to support emerging truck operators 

By: Ilan Solomons     21st July 2017 The newly launched Emerging Truckers Association of South Africa (Tasa) aims to assist in meaningfully transforming the local truck and freight industry, with a long-term view of ensuring work for women and black truck owners and operators. This is according to Tasa convener Mary Phadi, who was... 

Mike Seeger

By: Martin Creamer     21st July 2017 This week we feature Mike Seeger, managing director of MX Mining Capital Advisers, a mining investment advisory service that raises capital for mining projects 

A pearl at a time, Fission redefines Saskatchewan’s Athabasca basin 

By: Henry Lazenby     19th July 2017 Since the November 2012 discovery of a new high-grade uranium deposit just outside the south-western corner of Saskatchewan’s famed Athabasca basin, where the world’s highest-grade uranium mines are found, explorer Fission Uranium has succeeded in stringing together new uranium discoveries “like... 

Ivanhoe's Congo success follows deals with President's brother

By: Bloomberg     18th July 2017 In the two decades since billionaire mining investor Robert Friedland founded Ivanhoe Mines, his small team has made some of the biggest mineral discoveries in the world. In the Democratic Republic of Congo, it has done so while trading and contracting with companies controlled by one of... 

Eurasia to apply for licence to mine 1.9Moz Monchetundra PGM project

By: Mariaan Webb     17th July 2017 Platinum group metals (PGMs) miner Eurasia said on Monday it would submit a mining licence application for its Monchetundra project, in the “near future”, after the Russian State Agency for Suboil use granted a discovery certificate for the project. The certificate, which is a prerequisite for a... 

Dominion is said to seek sweeter deal from Montana billionaire

By: Bloomberg     15th July 2017 Canada’s Dominion Diamond Corp is hoping Montana billionaire Dennis Washington will cough up a little more cash to buy the world’s third-largest producer of rough diamonds by value. However, the company – which has put itself on the block twice in the past two years – says there’s no guarantee a... 

Murray & Dickson Construction Group breaks concrete boundaries

     14th July 2017 This year’s prestigious Fulton Awards have again showcased the extent of concrete expertise and capability enshrined within the Murray & Dickson Construction Group, a leading and black-owned contracting company. This proficiency played a prominent role in the highly successful outcome of the... 

Burundi rare earths project on track for first production

By: Nica Schreuder     14th July 2017 Rare-earth element mining company Rainbow Rare Earths says it has made significant progress towards achieving first production at its Gakara rare earths project in Burundi, East Africa, with about $6-million has been invested in the project to date. Bolstered by Rainbow’s completion of an... 

Diversified openpit miner looks to entire continent for growth

By: Simone Liedtke     14th July 2017 Multidisciplinary openpit mining company Afrimat intends to develop its strategy of growth through diversification further by exploiting new opportunities in Africa by remaining “agile and entrepreneurial”. 

Obsideo Consulting

     14th July 2017 Mineral processing facilities and associated infrastructure evaluation, engineering design, project management and construction specialist Obsideo Consulting has recently expanded its business into Africa, where it has done several mineral processing studies and is constructing a rare earths... 

Improving safety at Savage River with RCT’s Smart Technology

     4th July 2017 Grange Resources’ Savage River mine in Tasmania, Australia saw the opportunity to further safeguard its operators on site by equipping its mobile equipment with remote controls. Implementing remote control technology has allowed Savage River’s operators to control machines from a safe location,... 

JV contract secured to desilt acid ponds

     16th June 2017 Industrial pump rental service provider Integrated Pump Rental, in a joint venture (JV) with supplier and service provider of equipment to mining and allied industries EC Mining, has secured a contract to desilt four acid ponds at a copper mine in the Democratic Republic of Congo (DRC). This... 

Westgold buys mining contractor ACM

By: Esmarie Swanepoel     8th June 2017 Gold miner Westgold Resources will acquire privately held underground mining contractor Australian Contract Mining (ACM), which is currently operational at three of the company’s underground gold mines. ASX-listed Westgold on Thursday reported that following the successful commissioning of its... 

Waitsia Stage 2 advances

By: Esmarie Swanepoel     8th June 2017 The joint venture (JV) partners for the Waitsia Stage 2 gas project, in Western Australia, have short-listed four contractors to compete in a design competition for the front-end engineering and design for the project. The Stage 2 design would include a gas plant capable of processing 100 TJ/d,... 

Robot ghost ships to extend miner's technology drive to seas

By: Bloomberg     7th June 2017 BHP Billiton, the world’s biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron-ore to coal as part of a strategic shift that may disrupt the $334-billion global shipping industry. “Safe and efficient autonomous vessels carrying BHP... 

Gupta-owned Oakbay Resources loses JSE sponsor over associated risk

By: African News Agency      5th June 2017 Oakbay Resources and Energy, which is owned by the controversial Gupta family, on Monday lost its JSE sponsor, River Group, after being given notice of the termination of their appointment as sponsor. River Group is a JSE sponsor, designated adviser and international corporate finance boutique... 

Metallica appoints contractor in Qld

By: Esmarie Swanepoel     22nd May 2017 Junior bauxite developer Metallica Minerals has appointed contactor LCR Group to undertake all mining an haulage operations at the Urquhart bauxite project, in far north Queensland. LCR will be responsible for the supply of all mining equipment and personnel, and will perform all short-term... 

No corruption in nuclear negotiations, Eskom chief nuclear officer assures 

By: Kim Cloete     18th May 2017 Eskom’s chief nuclear officer David Nicholls is still firmly committed to the principle that nuclear is the way to go for a sustainable energy future and says he knows of no corruption in negotiations on a deal to procure new nuclear energy capacity. “I’ve been in the middle of this deal for... 

Violent protestors demand 1 500 new jobs from struggling Lonmin 

By: Martin Creamer     11th May 2017 Platinum company Lonmin on Thursday expressed deep concern about ongoing violence, damage to property and intimidation of employees by the near-mine Bapo Ba Mogale community, which is demanding 1 000 jobs for its members and 500 cadet positions for its unemployed youth.   The London- and... 

Integrated Pump Rental Blasts Its Way To Success On Copper Mine

     11th May 2017 Integrated Pump Rental, in JV with EC mining, secured the contract to desilt four acid ponds at a copper mine in the DRC. This recent project follows on the successful completion of the cleaning up of two similar dams by the company at the same mine. Managing director of Integrated Pump Rental,... 

AuRico CEO sees 2017 as ‘pivotal’ year

By: Mariaan Webb     5th May 2017 TSX-listed AuRico Metals CEO Chris Richter expects 2017 to be a pivotal year for the company, as it steps up efforts to advance the Kemess Underground project towards a development decision next year. The project, which recently received an environmental-assessment certificate from British... 

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... 

Kibali mine on track to increase production, but DRC policies a concern

By: Megan van Wyngaardt     19th April 2017 The underground operation at Randgold Resources’ Kibali gold mine is on track for commissioning to start in the third quarter of this year, which will significantly increase production. The Democratic Republic of Congo- (DRC-) based mine is forecast to deliver around 610 000 oz of gold this year,... 

Diesel tax refund system should be simplified – KPMG

By: Natasha Odendaal     11th April 2017 As the National Treasury and the South African Revenue Service (Sars) work to streamline the current diesel refund system, KPMG believes the development of a more simplified and concise refund framework is needed, particularly in reference to mining sector beneficiaries. The current Sars diesel... 

Nothing off table as Lonmin pursues value in low platinum price environment

By: Martin Creamer     7th April 2017 The tough new circumstance confronting platinum mining companies demands business unusual to cope with the low price environment. “Right now, sustainability is more important than anything,” says Lonmin CEO Ben Magara, who has also assumed direct hands-on COO control of all the operations in... 

Nothing off table as Lonmin pursues value in low platinum price environment

By: Martin Creamer     7th April 2017 The tough new circumstance confronting platinum-mining companies demands business unusual to cope with the low price environment. “Right now, sustainability is more important than anything ,” says Lonmin CEO Ben Magara, who has also assumed direct hands-on COO control of all the operations in... 

Providing strong leadership against backdrop of achievement

By: Martin Creamer     7th April 2017 Full Name: Bennetor Magara Position: CEO of Lonmin since July 1, 2013 

Slag use in building system offers multiple benefits

     31st March 2017 Alternative construction system company Moladi has developed a means of incorporating mine slag into its Moladi mix, offering mining companies a viable method for recycling their waste material and reduced construction costs when developing mine-site accommodation. Moladi founder and CEO Hennie... 

Fungoni springboard for larger-scale projects

By: Tasneem Bulbulia     17th March 2017 Mineral sands company Strandline Resources intends to use the knowledge and experience gained from the development of its Fungoni heavy mineral sands (HMS) project, in Tanzania, and the operation of an active mineral sands mine to springboard the development of a succession of larger-scale... 

La Libertad mine, Nicaragua

By: Sheila Barradas     10th March 2017 A gold mine located about 110 km east of Managua, the capital of Nicaragua. 

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