http://www.miningweekly.com
R/€ = 14.79 Change: -0.03
R/$ = 11.95 Change: -0.02
Au 1347.50 $/oz Change: 1.32
Pt 942.00 $/oz Change: -1.63
 

Topic

Engineering firm to launch raise mining offering for Africa

     6th April 2018 Mining contracting and engineering firm Redpath Mining Africa, in partnership with Redpath Mining Australia, is gearing up to launch a new raise mining offering and adding the new Redbore 65 raise drill to its fleet of Raisebore drilling equipment in Africa from the fourth quarter of this year.... 

ULPs drive innovation for underground mechanisation scheme

By: Donald Makhafola     6th April 2018 The MT3500X/NX and MT950 ultralow-profile (ULP) machines designed and developed by mining equipment and machinery supplier CMTI Group can facilitate mining at lower operating heights and at greater depths, as well as in inaccessible areas, such as remnant pillars and barred panels. "This is the... 

Large uranium deficits expected

By: Jessica Oosthuizen     6th April 2018 The outlook for future uranium demand remains positive amid prevailing low prices, as significant deficits and “substantially higher prices” are expected over the next decade when future supply will be hampered by current under-investment, says uranium development company Bannerman Resources CEO... 

TNG signs co-op agreement with contractors

By: Esmarie Swanepoel     16th March 2018 ASX-listed TNG has inked a cooperation agreement with contractors McMahon Services and Clough Projects to provide construction services for the Mount Peake vanadium/titanium/iron project, in the Northern Territory. The agreement will see McMahon and Clough joint venture (JV) to review the Mt... 

Liviero chooses Komatsu equipment for coal operations

     16th March 2018 When mining and construction company Liviero Mining elected to increase its dozer fleet to raise output at two major coal-producing sites in Mpumalanga, at Tweefontein where the company provides contracting services for a diversified mining company Glencore and Vanggatfontein, which it manages... 

Energy-intensive firms say carbon tax wrong tool for reducing power emissions

By: Terence Creamer     14th March 2018 The Industry Task Team on Climate Change (ITTCC), which includes many of South Africa’s largest mining and industrial companies, says the proposed carbon tax will have no material impact on reducing carbon emissions from the electricity sector, which is responsible for around half of the... 

South Africa to become eighth country to export helium by 2019 – Renergen

By: Marleny Arnoldi     12th March 2018 Alternative and renewable energy investment firm Renergen expects to become a significant global producer of helium when its Virginia project starts production in 2019.  

Nevsun narrows Q4 loss on impairment reversal

By: Henry Lazenby     4th March 2018 Base metals producer Nevsun Resources has reported a narrower fourth-quarter loss of $3.8-million, or $0.01 a share, as the bottom line benefitted from the partial reversal of an impairment charge previously booked on zinc ore stockpiles. The Vancouver-headquartered company advised that based on... 

A proposal to the President – A six-point plan

     2nd March 2018 South Africa’s minerals and mining industry faces severe headwinds. The Republic of South Africa hosts a treasure trove of geology and minerals, valued at about $2.5-trillion. Without modern exploration, prospecting and new local and foreign investment, these resources will not be developed for... 

A proposal to the President - A six-point plan

     2nd March 2018 South Africa's minerals and mining industry faces severe headwinds. The Republic of South Africa hosts a treasure trove of geology and minerals, valued at about $2.5-trillion. Without modern exploration, prospecting, and new local and foreign investment, these resources will not be developed for... 

Planning commission outlines case for Eskom split in new energy document 

By: Terence Creamer     23rd February 2018 The National Planning Commission (NPC) has released a new discussion document on the energy sector, which reinforces the National Development Plan’s (NDP’s) “explicit” requirement for the system operations, planning, power procurement, purchasing and contracting functions within Eskom to be... 

NSW grants mining lease for Clean TeQ Sunrise project

By: Mariaan Webb     23rd February 2018 The New South Wales Planning and Environment department has formally issued the mining leases for the Clean TeQ Sunrise project area and proposed limestone quarry, marking a key milestone in the development of one of the largest cobalt and nickel deposits outside Africa. Clean TeQ, which is... 

China’s iron-ore discounts hit Fortescue revenue, profit falls sharply

By: Mariaan Webb     21st February 2018 Chinese steelmakers’ demand for better-quality ore has had a significant impact on Australian miner Fortescue Metals’ half-year financial performance, with revenue contracting by 18% and net profit falling sharply, sending shares down about 4% on Wednesday. Australia’s third major iron-ore... 

Cameco's 2017 headline earnings dive 59%; contracting to remain 'discretionary' in 2018

By: Henry Lazenby     9th February 2018 Long-term contracting, which is usually borne out of the requirement for power utilities to secure long-term uranium supplies, is not expected to see an uptick in 2018, as the market remains awash with too much uranium, Canada's Cameco said on Friday. In 2017, excess uranium supply continued to... 

Eurasia impressed by speed that Monchetundra application is progressing

By: Mariaan Webb     2nd February 2018 The Russian federal commission on suboil use, Rosnedra, has completed its review of the Monchetundra application, approving a draft of the mining permit for the platinum and palladium project on the Kola Peninsula, London-listed Eurasia reported on Friday. The application for a mining permit was... 

'There has never been a bigger disconnect between price and value' – VRIC 2018

By: Henry Lazenby     22nd January 2018 "The disconnect between price and value is as stunning as I've ever seen," founder of The Stock Catalyst Report Michael Alkin told attendees at the Vancouver Resource Investment Conference (VRIC) on Sunday. Industry participants seemed to agree. 

BCI Minerals signs MoU with Sinosteel to develop Buckland

By: Megan van Wyngaardt     10th January 2018 Australian iron-ore miner BCI Minerals has signed a non-binding memorandum of understanding (MoU) with Sinosteel Australia to support the development of BCI's 100%-owned Buckland project in the West Pilbara region. The project comprises proposed mines, a private haul road and a new port at Cape... 

CMTI Group gears up to supply gold, platinum mines

By: Megan van Wyngaardt     9th January 2018 Mining equipment and machinery supplier CMTI Group, which started operations at its Gauteng-based factory last year, aims to raise $20-million before the close of the first quarter of this year to increase its production capacity. Initial indications and expressions of interest from potential... 

Lesotho mine delivers another high-value diamond

     15th December 2017 Global diamond producer Gem Diamonds’ Letšeng diamond mine in Lesotho yielded a high-quality 202 ct Type IIa-D colour, the seventh diamond over 100 ct to be recovered this year. The announcement marks the seventh diamond of over 100 ct to be recovered in 2017 from Letšeng. The mine, it is... 

Liviero Mining Chooses Komatsu For Performance, Efficiency And Cost

     14th December 2017 Jan Steyn, Plant Director at Liviero Mining, was one of a number of executives from major South African mining and construction houses that recently returned from an intensive fact-finding visit to Komatsu headquarters in Japan. Liviero Mining is a subsidiary of the Liviero Group, widely... 

Silicosis: we’re close to a deal with the mines, says miners’ attorney

By: News24Wire      12th December 2017 A settlement between thousands of sick gold miners and the mining industry is possible before the end of the year, according to one of the attorneys for the sick mineworkers. More than 100 000 mineworkers and former mineworkers, and their dependants, are claiming damages for contracting silicosis... 

SA Hippo Founder Celebrates 38 Years Of Innovative Manufacturing.

     11th December 2017   Hazleton Pumps International (Pty) Ltd previously known as Electro-Mech (Pty) Ltd was registered on 23 October 1979 with electrical and mechanical contracting being the main business activities of the company. Electro-Mech further expanded the business to include borehole drilling and the... 

New polishing facility a boost to Dubai’s status as a diamond trading centre

By: Dylan Slater     8th December 2017 The global diamond industry is either growing in affluent regions or remaining steady in less affluent ones, thereby reflecting a degree of positivity, as well as signs of growth. This also points to untapped potential that is ready to be unlocked through increased investment upstream and... 

New polishing facility a boost to Dubai’s status as a diamond trading centre

By: Dylan Slater     8th December 2017 The global diamond industry is either growing in affluent regions or remaining steady in less affluent regions, thereby showing a degree of positivity with signs of growth. This also points to a degree of untapped potential that is ready to be unlocked through increased investment upstream and... 

PNX appoints study manager for Hayes Creek project DFS

By: Natasha Odendaal     1st December 2017 ASX-listed PNX Metals has appointed engineering, consulting and contracting company GR Engineering Services as the study manager for the definitive feasibility study (DFS) of the Hayes Creek zinc/gold/silver project, in the Northern Territory. GR Engineering will be tasked with the process design... 

Consulting industry evolves despite current challenges

By: Marleny Arnoldi     24th November 2017 As mines have reduced their in-house technical capacity to deal with cost constraints in the economic downturn, the role of consulting engineers in the mining industry has evolved in the past decade, with their specialist skills being applied more broadly, says firm of consulting engineers and... 

Geomysore’s Jonnagiri has potential to be India’s first private gold mine

By: Mariaan Webb     16th November 2017 Gold firm Geomysore Services India, in which Aim-listed Lionsgold has a 21.15% shareholding, has completed a feasibility study for the Jonnagiri gold project, demonstrating the project’s potential to be developed into India’s first privately-owned gold mine. The Jonnagiri project, in the state of... 

Technology to shift project relations from adversarial to cooperative 

By: Simone Liedtke     3rd November 2017 Fluctuating global commodity demand and prices, as well as escalating geopolitical risks are causing concern among asset owners and investors, and is resulting in capital projects either being postponed or cancelled in the South African mining industry, states specialist business and project... 

South Africa’s Master Drilling expands into India, Australia

By: Martin Creamer     1st November 2017 Raise bore drilling company Master Drilling on Wednesday announced its expansion into India, where it will support a zinc mine, and Australia, where it will support a gold project. The Johannesburg Stock Exchange-listed company said it would be deploying a large raisebore machine to a Vedanta... 

Strandline hunts for JV partner in WA

By: Esmarie Swanepoel     1st November 2017 Mineral sands developer Strandline Resources has launched the hunt for a joint venture (JV) partner at its Coburn project, in Western Australia, to oversee the funding, development and operation of the project. Strandline MD Luke Graham told shareholders on Wednesday that the recent strong... 

Cameco equities fall as miner swings to surprise Q3 loss; pares outlook

By: Henry Lazenby     27th October 2017 Canada’s largest uranium producer Cameco has reported a disappointing third-quarter loss for the three months ended September, prompting investors to punish the TSX-listed stock and pushing it 13% lower in early trading on Friday. The Saskatoon, Saskatchewan-based company, swung to a headline... 

Kibali on track as it prepares for completion of underground mine

By: Anine Kilian     17th October 2017 Randgold Resources’ Democratic Republic of Congo- (DRC-) based Kibali gold mine remains on track to achieve its production target of 610 000 oz this year as its underground operations and the integration and automation of the vertical shaft enters the final commissioning and automation stage, CEO... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

Self-starters share secrets to success in the South African mining sector

By: Ilan Solomons     13th October 2017 There are many ways for entrepreneurs to enter the mining industry, including as project developers, service providers and product suppliers – all of which hold great opportunities and challenges, states mining investment advisory company MX Mining Capital Advisors director Dr Mike Seeger. The... 

Mining licence application submitted to Tanzanian govt

     13th October 2017 Junior graphite developer Walkabout Resources has submitted a mining licence application to the Ministry of Energy and Minerals of Tanzania for the Lindi Jumbo mine. The application, submitted last month, was prepared in compliance with the recently promulgated amendments to Tanzania’s Mining Act... 

New attachment system enhances screening media change-outs

     6th October 2017 Global industrial equipment company Metso is introducing a new attachment system for its Trellex screening media that offers increased productivity and makes media change-outs safer and faster than with traditional systems, the company announced in September. Downtime is costly for screens in... 

Mining Machines Bring Mobile Classrooms

     27th September 2017 The learners of alldays primary school now have three new classrooms as a result of venetia mine’s mining equipment which assisted them in relocating un-used mobile classrooms from alldays high school to alldays primary school. Before these new classrooms 105 grade 5 learners shared a single... 

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. 

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
Free daily email newsletter Register Now
Close