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Congo's Gecamines to set new rules on mining proceeds

By: Reuters     19th September 2017 Congo's Gecamines will implement new controls to "hold its partners accountable" in copper and cobalt projects, the state miner said on Tuesday. Gecamines' partners on mining projects include Glencore, China Molybdenum and Ivanhoe. The company said it will initiate discussions with its partners... 

First Cobalt exits volatile DRC in favour of mining friendly Ontario Cobalt Camp

By: Henry Lazenby     19th September 2017 TSX-V-listed First Cobalt will not complete a strategic alliance over seven cobalt exploration properties close to several major copper/cobalt operations in the Democratic Republic of Congo's (DRC's) Central African Copperbelt. The Toronto-headquartered company announced on Monday that it would... 

Orion seeks to develop new, modern copper mine over historical success

By: Natasha Odendaal     18th September 2017 With a secondary listing on the JSE now firmly under its belt, Australian base metals firm Orion Minerals is looking to reignite the development of a South African mining asset it believes was abandoned well before its prime – the Prieska zinc/copper project, in the Northern Cape. However, for... 

Avanco revises Jaguar deal

By: Esmarie Swanepoel     18th September 2017 ASX-listed junior Avanco Copper has revised its agreement with TSX-listed Jaguar Mining over the CentroGold project, in Brazil. The two companies in 2016 entered into an A$8.45-million earn-in agreement under which Avanco could take full ownership of the project through various instalments. 

Research consortium to spend A$14.6m on South Australian copper

By: Esmarie Swanepoel     18th September 2017 he South Australian government will spend A$4-million over the next four years on a research consortium, led by the University of Adelaide, to develop advanced technologies to boost copper production and to develop a globally competitive mining technology services sector. The University of... 

Sumatra signs exploration deal at Tembang

By: Esmarie Swanepoel     18th September 2017 ASX-listed Sumatra Copper & Gold has formed a strategic alliance with Indonesian gold producer Merdeka Copper Gold to extend the mine life and possibly increase production from the Tembang gold-silver operation, in Indonesia. Merdeka will fund ongoing exploration work at Tembang, spending an... 

African copper, nickel mines on Coal India radar as miner diversifies

By: Ajoy K Das     18th September 2017 Having decided to evolve into a diversified resource major from a pure play coal miner, Coal India Limited (CIL) has identified copper and nickel mines in Africa for its maiden overseas foray into noncoal minerals. KPMG has been appointed to prepare the roadmap that will see CIL emerge as a... 

Freeport seen facing more battles over world's top gold mine

By: Bloomberg     18th September 2017 The landmark deal that forced Freeport-McMoRan to cede controlling interest in the world’s biggest gold mine and second-largest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged fight over the price of the asset and how it will be run, according... 

Orion on track to develop Prieska zinc/copper project

By: Anine Kilian     15th September 2017 ASX-listed Orion Minerals, which will list on the Johannesburg Stock Exchange on Monday, is focused on fast -tracking the development of its Northern Cape-based Prieska zinc/copper project. The company plans to leverage the secondary listing to open up more efficient local funding options through... 

Next Fortescue CEO to lead push beyond iron-ore cash machine

By: Bloomberg     15th September 2017 Nev Power’s successor as Fortescue Metals Group Ltd.’s top executive will be charged with leading the world’s fourth-largest iron ore exporter’s drive into new businesses. “We are going to look for and consider other opportunities, where other investors can join us,” chairperson and founder... 

On-The-Air (15/09/2017) 

By: Martin Creamer     15th September 2017 An Australian company will list on the Johannesburg Stock Exchange on Monday to bring South Africa’s dormant copper riches back to life; South Africa is benefiting from the rising global demand for the quality, high-purity metals, as a means of mitigating climate change; andThe Department of... 

Fight for world's biggest gold mine isn't over – former CEO says

By: Bloomberg     15th September 2017 The landmark deal that forced Freeport-McMoRan to cede control of the world’s biggest gold mine and second-biggest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged battle over the price of the asset and how it will be run, according to the US... 

Gold miners seek safety as political risks rise

By: Reuters     15th September 2017 Canadian miner Eldorado Gold's threat this week to freeze investments in Greece after years of frustrating and costly permit delays highlighted the risks the industry faces when it strays away from mining-friendly countries. After moving into higher-risk countries in recent years to mine new... 

800 000 t copper output by year-end conservative estimate

By: Simone Liedtke     15th September 2017 Copper production in Zambia will reach just more than 800 000 t by the end of this year as the country is taking steps to regain its position as Africa’s leading copper producer, according to Zambia Chamber of Mines (CoM) initiative Mining for Zambia (MFZ). “This is a conservative estimate,... 

Call to mining to update refrigerant systems

     15th September 2017 While the majority of the mining industry use hydrofluorocarbons (HFCs) in its refrigerant systems, these ozone-depleting substances are set to be phased-out in accordance with the Montreal Protocol and Kigali Agreement. 

Chino mine, US

By: Sheila Barradas     15th September 2017 A copper/molybdenum mine located in Grant County, New Mexico, in the US. 

Establishing connectivity, visibility critical to economic growth

By: Simone Liedtke     15th September 2017 The mining sector remains crucial to the economic growth of many African countries, including copper-dependent Zambia, and, as such, it is important that foreign mining companies operating in these countries can improve the performance of their mining assets to ensure their continued economic... 

German companies to display digital solutions for Zambian mines

By: Simone Liedtke     15th September 2017 Nonprofit organisation, the Southern African-German Chamber of Commerce and Industry, is aiming to invite more German companies to Zambia to display digital solutions for mining and Industry 4.0, following the success of its German-Zambian Business Forum. SA-German Chamber Lusaka office head... 

Kalumbila facility will service global mining industry

     15th September 2017 By the first quarter of 2018,  a building site in Kalumbila, in North-Western province, in  Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... 

Nitrogen generator offers Zambian mines extended tyre life

By: Simone Liedtke     15th September 2017 There are several opencast mines on the Copperbelt in Zambia using large haul trucks to transport ore from the pit for crushing and processing, and extending the life of tyres plays a significant role in cutting costs and improving production, says on-site nitrogen gas generator supplier NitraLife. 

Peristaltic pumps operating at Zambian mines

By: Simone Liedtke     15th September 2017 Randburg-based industrial equipment supplier Verder Pumps’ Verderflex (VF) 125 peristaltic pump is in operation at mining company Kansanshi Mining’s Zambia-based Kansanshi copper mine and is undergoing testing at two other Zambian mines, as well as mines in the Democratic Republic of Congo.... 

Reopening of mines to stabilise employment, improve tax revenues

By: Simone Liedtke     15th September 2017 Zambia Chamber of Mines, and its initiative Mining for Zambia (MFZ), is enthusiastic about the reopening of mining operations in Zambia, which it says will not only result in increased copper production but also translate into stabilised employment levels in the country and improved tax revenues... 

Second Copper Cobalt Africa Conference to be held next year

     15th September 2017 Educational institution Southern African Institute of Mining and Metallurgy (SAIMM) will host the second Copper Cobalt Africa Conference at the Avani Victoria Falls Resort, in Livingstone, Zambia, in July next year. 

Solutions provider helping Zambia tackle mining challenges

By: Simone Liedtke     15th September 2017 The mining and mineral processing sectors present some of the most challenging production environments, as the large-scale operations are often located in harsh, remote areas, explains technical solutions provider BMG.  

Specialist helps Zambian mines save on maintenance costs

     15th September 2017 More and more mines in Zambia are seeing the benefits and the profitable returns of investing in condition monitoring, with a direct positive impact on productivity and machine availability, and reduced maintenance costs, enthuses condition-monitoring specialist WearCheck. 

Professionals at Codelco's Radomiro Tomic mine ink wage deal

By: Reuters     14th September 2017 Chile's state-run copper company Codelco has signed a new collective contract with the professionals' union at its Radomiro Tomic mine, the company said on Thursday. The agreement, which will last 35 months, includes no salary adjustment, but does give workers a one-time bonus of 6.35-million... 

Sizeable limonite find exposes Horizonte to burgeoning EV market

By: Samantha Herbst     14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... 

Euro Sun awards contract for Rovina bankable feasibility study

By: Mariaan Webb     14th September 2017 SX-listed Euro Sun has awarded the bankable feasibility study (BFS) contract for its Rovina Valley gold and copper project, in Romania, to SRK Consulting (Canada) and Ausenco Engineering Canada. Announcing the award of the BFS on Thursday, Euro Sun said SRK would provide expertise in geology,... 

China's environmental crackdown hits August metals output

By: Reuters     14th September 2017 China's non-ferrous metal output fell to a one-year low in August, in a sign that Beijing's environmental crackdown is curbing supplies of base metals, with aluminium also hit by efforts to rein in output. Production of 10 nonferrous metals - including copper, aluminium, lead, zinc and nickel -... 

Improved fundamentals prompt Moody’s to adjust higher several commodity price sensitivity ranges

By: Henry Lazenby     14th September 2017 Improved fundamentals amid global economic growth are expected to sustain a higher pricing environment for the global base metals industry, prompting credit ratings firm Moody’s Investors Service to adjust higher the price sensitivity ranges for copper, iron-ore, and metallurgical and thermal... 

Orvana lifts 2018 guidance 25%

By: Henry Lazenby     14th September 2017 Gold and copper miner Orvana Minerals has issued its new production guidance for 2018, aiming 25% higher than that of the current year. The TSX-listed miner, which owns mines in Spain and Bolivia, advised on Wednesday that fiscal 2018 gold output is estimated between 110 000 oz to 120 000 oz, at... 

Tethyan Resources gives listing, project updates

By: Anine Kilian     13th September 2017 Dual-listed Tethyan Resources’ decision to delist from the London’s Aim was based on the board’s consideration of challenging macroeconomic conditions and the additional costs that come with maintaining two listings. Speaking to Mining Weekly Online on Wednesday, COO Fabian Baker explained that... 

Metso showcases ongoing commitment to servicing South African mining sector 

By: Ilan Solomons     13th September 2017 This year marks 60 years since global engineering and technology corporation Metso's factory in Vereeniging was established. The factory became part of the Metso group in 1970 and has played "a crucial role" not only in the South African, but also the African mining industry. 

Poseidon and Lithium Australia team up on lithium

By: Esmarie Swanepoel     13th September 2017 ASX-listed Poseidon Nickel and fellow-listed Lithium Australia have inked a lithium exploration and processing memorandum of understanding (MoU) over the Lake Johnston project, in Western Australia. The parties are planning to explore for lithium-hosted pegmatites on tenements held by both firms... 

Archer finds copper in cobalt hunt

By: Esmarie Swanepoel     13th September 2017 The share price of ASX-listed Archer Exploration increased by nearly 22% on news of a copper discovery at Broken Hill, in New South Wales. Archer on Wednesday reported the discovery of two new large copper targets at the North Broken project, some 20 km north of Broken Hill, while hunting for... 

KGL raises cash for Jervois exploration

By: Esmarie Swanepoel     13th September 2017 ASX-listed KGL Resources is hoping to raise some A$12.4-million to accelerate exploration at the Jervois copper project, in the Northern Territory. The company will issue some 22.8-million new shares, priced at 30c each, to raise an initial A$6.9-million from a small group of sophisticated and... 

Switchgear Solution At DRC Mine From Shaw Controls

     12th September 2017 Leveraging the advantages of a containerised solution, Zest WEG Group company Shaw Controls has provided an optimal medium voltage switchgear solution for the supply of power at a copper mining project in the Democratic Republic of Congo. The WEG MTW05 MV switchgear, the first to be supplied by... 

Ivanhoe confident of expanding Kamoa-Kakula into a top three global copper deposit

By: Natasha Odendaal     11th September 2017 TSX-listed Ivanhoe Mines is confident that the Kamoa-Kakula deposit, ranked the fifth-largest copper deposit in the world, will take one of the top three rankings on the back of the “unprecedented rate of growth” of the high-grade copper resources in the Democratic Republic of Congo (DRC).... 

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