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Partnerships key as South Africa tackles Gamsberg project

     23rd February 2018 At global diversified miner Vedanta Resources’ Gamsberg mine, in the Northern Cape, motor and controls manufacturer Zest WEG Group is working closely with lead contractor ELB Engineering Services as a preferred supplier to standardise its range of transformers and motors across a number of... 

Himoinsa solutions provide light, power to Southern African mines

     23rd February 2018 Designer and manufacturer of diesel and gas generator sets, hybrid generators, lighting towers and control panels Himoinsa Southern Africa is delivering solutions to power mines across Southern Africa, emphasising that its generators and lighting towers are robust and durable enough to provide... 

Adani may sell stake in Carmichael coal mine amid funding delay

By: Bloomberg     22nd February 2018 The battle to build one of the world’s biggest coal mines has suffered a fresh setback after Adani Enterprises conceded it would fail to meet a March deadline to arrange A$3-billion in financing for the project. The December decision by the Queensland government to veto Adani’s A$900-million... 

Lucara's FY17 profit dips 8% on lower sales

By: Henry Lazenby     22nd February 2018 Southern Africa-focused miner Lucara Diamond Corp has reported an 8% drop in full-year profit as lower production and the sale of fewer special diamonds weighed on the bottom line. The Vancouver-based miner, which operates its flagship Karowe mine, in Botswana, reported net income of... 

Tanzania's new mining rules impose restrictions on foreign banks, insurers

By: Reuters     21st February 2018 Foreign-owned banks, insurance companies and law firms could be locked out of Tanzania's mining sector as part of tough new regulations that aim to limit foreign ownership of mining-related activity. Africa's fourth-largest gold producer is seeking to take more of the profits from its vast... 

RCT's Head of Product Management Dave Holman, RUC Cementation Mining's Finance Director John Walters view the signing of the partnership agreement with RUC Cementation Mining General Manager Barry Upton and RCT's Executive Director and CEO Brett White.

     20th February 2018  RUC Cementation Mining Contractors and RCT partnership Smart Technology company RCT and leading underground mining contractor RUC Cementation Mining Contractors have partnered together to further develop and deliver innovative technologies to the underground mining industry. The global... 

Millennium goes underground at Nullagine, awards Bartons contract

By: Simone Liedtke     19th February 2018 Gold miner Millennium Minerals has awarded its first-ever underground mining contract at the Nullagine operation, in Western Australia, naming GBF Underground Mining Company as the contractor for the new Bartons underground mine development. The underground development will access high-grade,... 

Mincor starts preproduction activities at WA gold project

By: Simone Liedtke     19th February 2018 The board of ASX-listed Mincor Resources has approved preproduction activities at its Widgiemooltha gold project (WGP), in Western Australia. The start of the preproduction activities will ensure that the company remains on track to be able to progress to full-scale mining operations at... 

Beowulf is back drilling at Aitolampi, Finland

By: Creamer Media Reporter      16th February 2018 Aim-listed Beowulf has started drilling at its Aitolampi graphite project, which forms part of the Pitkäjärvi 1 exploration permit in Finland. The company has plans to drill about 2 000 m, up to 15 drill holes, with the drilling programme split into two phases. The drilling contract has been... 

Pipe for tailings system supplied on schedule 

By: Victor Moolman     16th February 2018 An 840-m-long, high-density polyethylene (HDPE) pipeline was installed in October last year to transport corrosive tailings to a tailings dam at the ore beneficiation plant located close to the underground Morula chrome mine – owned by ferrochrome company Hernic – in Brits, in the North West. 

Three months to first gold at Dalgaranga project

By: Schalk Burger     15th February 2018 Construction of the Dalgaranga gold project, in Western Australia, is on budget and ahead of schedule with first gold expected in May, ASX-listed gold exploration and development company Gascoyne Resources reported on Thursday. Construction of the 2.5-million-ton-a-year Dalgaranga processing... 

Xtract concludes new mining contractor agreement for Manica

By: Anine Kilian     8th February 2018 Aim-listed Xtract Resources’ wholly-owned Mozambican subsidiary Explorator Limitada has concluded a new mining contractor agreement with Omnia for the exploitation of alluvial gold deposits at its Manica mining concession in Mozambique. The agreement with Omnia allows the O block of the western... 

Kin starts site development activities at Leonora

By: Simone Liedtke     8th February 2018 ASX-listed gold development company Kin Mining has started site activities at its 100%-owned Leonora gold project (LGP), in the North-Eastern goldfields of Western Australia. Clearing, de-grubbing and stockpiling of topsoil within the approved processing facility boundary works have started and... 

US Army Corps of Engineers selects third-party contractor to complete Pebble EIA

By: Henry Lazenby     6th February 2018 The TSX-listed equity of copper/gold project proponent Northern Dynasty Minerals gained about 11% on Tuesday, after the US Army Corps of Engineers (USACE) announced that it had appointed a third-party contractor to undertake an environmental-impact assessment for the controversial Pebble project,... 

Partnerships Key As SA Tackles World-Class Gamsberg Zinc Project

     5th February 2018 At Vedanta Resources’ Gamsberg mine in the Northern Cape, Zest WEG Group is working closely with lead contractor ELB Engineering Services as a preferred supplier to standardise on its range of transformers and motors across a number of on-site applications. The Gamsberg project is South Africa’s... 

Two miners die at Yamana's Gualcamayo mine, Argentina

By: Henry Lazenby     2nd February 2018 Canadian gold producer Yamana Gold has reported the death of two contractors at its Gualcamayo mine, in Argentina, the company said on Friday. The dual-listed miner reported that the two employees of a local contractor were travelling in a light truck on an access road at the Las Vacas... 

Two die in Yamana Gold mine accident in Argentina

By: Reuters     2nd February 2018 Toronto-based Yamana Gold said on Friday that an accident at its Gualcamayo mine in Argentina resulted in two fatalities. The accident involved two employees of a local contractor traveling in a light truck on an access road at the Las Vacas exploration site, the company said, adding that no... 

Streaming, royalty agreements novel alternative funding structures for coal juniors

By: Mia Breytenbach     2nd February 2018 Streaming and royalty agreements are novel financing structures that are useful in medium-risk environments, says legal services provider Strata Legal director Brandon Irsigler. Speaking at the IHS Markit South African Coal Export Conference, in Cape Town, on Friday, he highlighted royalty and... 

Barminco makes strong turnaround

By: Megan van Wyngaardt     2nd February 2018 Underground hard-rock mining contractor Barminco on Friday reported earnings before interest, taxes, depreciation, and amortisation (Ebitda) of $75.6-million for the half year ended December 31, 2017, up 12.2% from the prior year. Barminco CFO Peter Bryant said the result was a significant... 

SA’s oldest gold mine shifts to refrigerated cooling as it reaches greater depths

By: Dylan Slater     2nd February 2018 A cool breeze of change has swept over South Africa’s oldest listed gold mine – the Barberton gold mine, in Mpumalanga – where a refrige- rated cooling system has been installed to improve underground conditions as the mine reaches greater depths, where ambient air temperatures become hotter. The... 

SA’s oldest gold mine shifts to refrigerated cooling as it reaches greater depths 

By: Dylan Slater     2nd February 2018 A cool breeze of change has swept over South Africa’s oldest listed gold mine – the Barberton gold mine, in Mpumalanga – where a refrigerated cooling system has been installed to improve underground conditions as the mine reaches deeper depths where ambient air temperatures get hotter.  

Red 5 starts off 2018 on strong foot

By: Megan van Wyngaardt     31st January 2018 Australian gold producer Red 5 reported a strong first quarter, producing 17 777 oz in the three months to December 31, 2017, paired with sales of 16 150 oz from its recently acquired Darlot mining operation, in Western Australia. All-in sustaining cost for the quarter was A$1 291/oz. 

Northern Cape mining development takes delivery of three cranes

By: Dylan Slater     26th January 2018 A new mining development in the Northern Cape received three new cranes as part of a six-crane order from Johannesburg-based manufacturer Condra.  

Liviero Mining buys mobile lighting system fleet to light up opencast operations

By: Mia Breytenbach     26th January 2018 In addition to marketing its specialist range of crushing and screening products, crushing and screening specialist Pilot Crushtec International has made significant strides in the marketing of its Generac range of Tower Light mobile lighting systems, which has resulted in major mining contractor... 

Wescoal positive about future with Keaton contribution

By: Megan van Wyngaardt     24th January 2018 Junior coal miner Wescoal Holdings on Wednesday said the Keaton Coal integration programme was at an advanced stage and progressing according to plan, with personnel redeployments and overhead reductions having been completed. "Several identified improvement and efficiency projects have been... 

GR Engineering claim against Eastern Goldfields referred to arbitration

By: Creamer Media Reporter      24th January 2018 The Supreme Court of Western Australia on Wednesday ordered that proceedings started by project house GR Engineering Services against miner Eastern Goldfields regarding the Davyhurst gold refurbishment project be stayed, referring the disputes to arbitration. Eastern Goldfields applied for the... 

Aspire progresses path to feasibility for Nuurstei project

By: Natasha Odendaal     19th January 2018 Mongolian metallurgical coal explorer and infrastructure company Aspire Mining has completed several key steps as it works towards providing the foundation for the start of a feasibility for its Nuurstei coking coal project. The company appointed Neil Wilson as project manager for the Nuurstei... 

Tyranna to start surface drilling at Eureka gold mine

By: Mia Breytenbach     18th January 2018 ASX-listed Tyranna Resources will next week start surface drilling at its Eureka gold mine, north of Kalgoorlie, Western Australia, to follow up a compelling surface lateritic gold target discovered during a recent field mapping exercise. The mine, which Tyranna is acquiring from Canada-listed... 

Gruyere construction nearly one-third complete

By: Creamer Media Reporter      18th January 2018 The Gruyere gold project, which Australian junior Gold Road and South African major Gold Fields are building in a 50:50 joint venture near Laverton, Western Australia, is advancing according to schedule. With early works at Gruyere having started in December 2016, construction has now been in... 

Rockwell subsidiaries sale still on the table

By: Henry Lazenby     16th January 2018 A two-pronged purchase offer by Ascot Diamonds to acquire the three bankrupt South African subsidiaries, and later, a Cayman-based entity of Canadian miner Rockwell Diamonds is still a viable solution to achieve a sale transaction and therefore, a higher recovery value for creditors, Rockwell... 

Blackham secures $14.3m loan from key mining contractor Maca

By: Natasha Odendaal     15th January 2018 ASX-listed Maca on Monday provided a secured $14.3-million loan, on commercial terms, to support the recapitalisation of Blackham Resources. The proceeds of the loan have been applied by Blackham to repay the Orion mine finance term loan, which was due to mature on December 31, and subsequently... 

Triton starts due diligence on WA lithium asset acquisition

By: Natasha Odendaal     15th January 2018 ASX-listed Triton Minerals on Monday said it had started due diligence on the Western Australia lithium assets and royalties that it planned to acquire from Westgold Resources. The Australian company in December entered into an option agreement with Westgold for a package of lithium assets in the... 

Monty copper/gold development on time, below budget

By: Megan van Wyngaardt     12th January 2018 The Monty copper/gold deposit in Western Australia, which forms part of ASX-listed Talisman’s Springfield joint venture (JV) project with Sandfire Resources, has since the start of ground-breaking activities in July 2017, seen site activities having been ramped-up considerably; on time and under... 

Tharisa enters 2018 with a bang

By: Martin Creamer     10th January 2018 The market fundamentals for chrome remain sound with continued growth forecast for the global stainless steel industry, Tharisa said on Wednesday, when it reported a strong operational performance in the three months to December 31. The Johannesburg Stock Exchange-listed chrome and platinum group... 

KAZ Minerals to expand Aktogay

By: Creamer Media Reporter      8th January 2018 The Aktogay mine in the East Region of Kazakhstan is set for a $1.2-billion expansion to double sulphide ore processing capacity by 2021. The expansion project, approved by the board of KAZ Minerals in December, entails building a second sulphide concentrator at Aktogay, increasing processing... 

Gascoyne clinches hedging deal with Australian banks

By: Megan van Wyngaardt     15th December 2017 Gascoyne Resources has entered into flat forward gold sales contracts with Commonwealth Bank of Australia (CBA) and the National Australia Bank (NAB) for 164 000 oz of gold production from its 100%-owned Dalgaranga gold project, at a delivery price of $1 712/oz. The banks are also providing a... 

Triton shares gain on Mozambique graphite DFS

By: Mariaan Webb     15th December 2017 Australian company Triton Minerals is gearing up to start early construction work at its Ancuabe graphite project in Mozambique in May next year, after a definitive feasibility study (DFS) boosted its confidence in building mine to supply the premium end of the graphite market. The DFS determined... 

Canadian junior mining company makes progress in Northern Cape

     15th December 2017 Canadian junior mining company Tango Mining has made progress at its Oena diamond project, based in the Northern Cape in South Africa, appointing diamond recovery company Bluedust 7 as its mining contractor, which it announced in October. The contract will take place for a 60-month period, during... 

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