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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. 

More contracts out to tender with commodity price upswing

By: Simone Liedtke     3rd March 2017 With commodities, such as gold and copper, showing positive growth, mining contracting and engineering company Redpath Mining Africa has noted an upswing in contracting work in the African mining sector. Redpath Mining Africa MD Ockert Douglas says this was also the sentiment held by others at... 

Senex commits A$50m to Western Surat gas project

By: Esmarie Swanepoel     21st February 2017 ASX-listed Senex Energy will invest some A$50-million in a 30-well drilling campaign in the Western Surat gas project, marking its first major investment in the project. MD and CEO Ian Davies on Tuesday said the work programme would result in significant gas volumes from drill-ready acreage, with... 

Cameco expects lower revenue for 2017 after market headwinds lead to disappointing 2016 results

By: Henry Lazenby     10th February 2017 Canadian uranium producer Cameco expects 2017 revenue to fall further to between C$1.95-billion and C$2.08-billion, based on currently committed sales volumes being weighed down by a decrease in average realised prices in the uranium segment as a result of lower prices under both fixed and... 

African company one of biggest underground mining contractors

By: Martin Creamer     2nd February 2017 The predominantly Africa-based Murray & Roberts Cementation has served the mining industry for more than a century. Along with Cementation Canada, Cementation USA and RUC Cementation Australia, the Murray & Roberts Underground Mining Platform ranks among the biggest underground mining contracting... 

Cimic inches into Macmahon

By: Esmarie Swanepoel     30th January 2017 Despite failing to impress with its bid, ASX-listed Cimic has increased its shareholding in project house Macmahon to 22.95%. The contracting group last week made a play for Macmahon, offering shareholders A$0.145 a share for all of the shares not already owned in the company. 

JSS eyes R1bn capital raise to fund junior miners

By: Natasha Odendaal     27th January 2017 JSS Empowerment Mining Fund, a new empowerment fund aimed at filling a junior-mining niche funding gap, is targeting a capital raise of R1-billion in two windows this year to fund junior opencast miners to get over the start-up hump and reach profitable operations. The Section 12 J company (in... 

New mining contractor at Botswana diamond mine

By: Martin Creamer     25th January 2017 Mining contracting company Aveng Moolmans is building on its 15-year presence in Botswana with its latest appointment – at Lucara's Karowe diamond mine.  It has been appointed for a six-year period to provide mining services that include all drill, blast, load and haul functions for both ore and... 

Cimic continues on acquisition trail with Macmahon bid

By: Mariaan Webb     24th January 2017 Contracting group Cimic on Tuesday unveiled a planned takeover of Perth-based project house Macmahon, only months after it made a bid for engineering firm UGL. Cimic advised Macmahon shareholders that it intended to offer A$0.145 a share for all the shares that it did not already own in the... 

Cameco stock nosedives on $180m to $220m impairment warning

By: Henry Lazenby     19th January 2017 The NYSE-listed stock of senior Canadian uranium miner Cameco on Wednesday fell 19% to C$10.71 apiece after the company reported late Tuesday that it expects to book impairment charges for the full-year ranging between $180-million and $220-million. In what has been an exceptionally difficult... 

Latin American miners expected to persist with cost-cutting and disinvestment strategies

By: Henry Lazenby     16th December 2016 The end of the commodities supercycle continues to have a dampening effect on several South American economies, especially those that previously relied on high hydrocarbons prices to achieve high rates of growth. As well as hitting government earnings and rates of economic expansion, the... 

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