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Cameco following US uranium trade investigation ‘closely’

By: Mariaan Webb     18th July 2018 Canadian uranium major Cameco does not expect the Trump administration’s investigation into uranium imports to have an immediate impact on its shipments into the US, but the company’s president and CEO Tim Gitzel said he is following developments “very closely”. He affirmed that Cameco, which is... 

Argonaut explosive permit to be reinstated after successful appeal

By: Mariaan Webb     1st July 2018 TSX-listed Argonaut Gold expects its explosives permit for the La Colorada mine, in Sonora, Mexico, to be reinstated imminently and that it will ramp up to full operations by mid-July, the company reported on Friday, following a successful court appeal. The Collegiate Tribunal, which is the arm... 

Coal miner, community set to meet in public debate to discuss Yzermyn underground coal mine

By: Simone Liedtke     28th June 2018 India-owned mining company Atha Africa Ventures is set to engage in a public debate with the community to discuss the potential impacts and remediation of a proposed coal mine near Wakkerstroom, in Mpumalanga, on Friday, June 29. This open forum community-oriented debate will allow all parties,... 

Russian federal agencies give go-ahead for second Eurasia Mining project

By: Marleny Arnoldi     13th June 2018 Aim-listed platinum group metals (PGM) and gold miner Eurasia Mining has received approval from the Russian Federal Securities Board and the Ministry of Defence for its Monchetundra project, in the Kola Peninsula.  

Australia’s MCA welcomes gold report

By: Esmarie Swanepoel     18th May 2018 The Minerals Council of Australia (MCA) has welcomed a new report by the World Gold Council (WGC), which states that gold will continue to be valued over the next 30 years, with new uses for gold meaning new opportunities for producers. “New uses for gold including in antibiotics, smartphones... 

Holistic approach championed for mine vehicle safety

18th May 2018 While great strides have been taken to improve operator safety in recent years, with new collision awareness systems likely to improve this trend, technology alone should not be a mine’s only line of defence in the goal to avoid vehicle collisions, says mine management solutions provider Modular... 

Argonaut appeals La Colorada explosives suspension, reports hearing delay

By: Henry Lazenby     17th May 2018 The TSX-listed equity of gold producer Argonaut Gold traded lower on Thursday after it announced that it has appealed an April Mexican court decision that suspended its explosives permit for the La Colorada mine. The company has appealed the original Judiciary Court decision to temporarily... 

Trump said to mull 2015 grid emergency law to save coal plants

By: Bloomberg     16th May 2018 The Trump administration is weighing a broad array of strategies for keeping coal and nuclear power plants online as a matter of national security, with options ranging from invoking a 68-year-old law to a three-year-old one, according to a senior Energy Department official. Members of the... 

WPA under review

By: Esmarie Swanepoel     14th May 2018 The Australian government will conduct a review of the Woomera Prohibition Area (WPA) coexistence framework. The 2018 review is a recommendation of the 2010 review of the WPA, which led to the establishment of a coexistence framework that balances the interests of all users in the area. 

Union at BHP's Escondida copper mine in Chile says no advance deal likely

By: Reuters     25th April 2018 The union of workers at BHP's Escondida copper mine, in Chile, the world's largest, told Reuters on Tuesday it had made little progress on an early contract deal with management, making it "highly likely" that no agreement would be struck before official talks begin in June. The union accepted... 

Missing $15bn diamond revenue – 'It's all lies,' says Mugabe

By: News24Wire      17th April 2018 Zimbabwe's former president Robert Mugabe has retracted his remarks over the alleged missing $15-billion diamond revenue amid investigations by the national assembly, according to a report. In a claim that's coming back to haunt him, the former Zimbabwe strongman said in 2016 that $15-billion... 

Senior govt officials, including Zim VP 'to appear before Parliament' about $15bn diamond scandal

By: News24Wire      10th April 2018 Several senior government officials have reportedly been summoned by Zimbabwe's parliamentary portfolio committee on mines and energy over the missing $15-billion diamond revenue. According to reports, former President Robert Mugabe, announced in 2015 that $15-billion of diamonds were spirited... 

Kinder Morgan suspends Trans Mountain Expansion project as political firestorm heats up

By: Henry Lazenby     9th April 2018 Pipeline operator Kinder Morgan Canada (KMC) has placed non-essential activities and related spending to twin an existing crude oil pipeline between Alberta and British Columbia on ice, as opposition to the project in British Columbia intensifies. The C$7.4-billion project, which was previously... 

US Congressional action underscores strong desire to establish domestic REE supply chains

By: Henry Lazenby     19th March 2018 Recent US Congressional actions point to a strong desire to establish domestic rare earth element (REE) supply chains, as the industry seeks to diversify away from dominant producer and consumer – China. Congress continues to work on the development of REE separation technologies, as evidenced by... 

Gaps in measures against mineral resource misreporting

By: Nadine James     16th March 2018 Addressing delegates at a seminar at SRK’s Johannesburg office last month, corporate consultant and SRK Australia chairman Mark Noppe advised that there are still surprisingly large gaps in the assurance systems that companies use to protect against inaccuracy of reporting mineral resources and... 

Energy Fuels narrows FY loss

By: Creamer Media Reporter      11th March 2018 Amid continued uranium market weakness, Energy Fuels in 2017 became the largest uranium producer in the US, which president and CEO Mark Chalmers says is the culmination of a multiyear strategy for the company. The company narrowed its net loss for the year ended December 31, to $27.77-million,... 

Australia hopeful of US tariff exemptions

By: Reuters     9th March 2018 Australian Prime Minister Malcolm Turnbull said on Friday he is hopeful of securing an exemption from U.S. tariffs on steel and aluminium after sustained lobby effort by his government. US President Donald Trump on Thursday imposed a 25% tariff on steel imports and 10% for aluminium on Thursday. 

Trump says US to impose steep tariffs on steel, aluminium imports

By: Reuters     2nd March 2018 US President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminium to protect US producers, risking retaliation from major trade partners like China, Europe and neighbouring Canada as well as helping to trigger a large selloff on Wall Street. Trump said... 

Mines urged to develop a roadmap to mitigate cybersecurity

By: Schalk Burger     2nd March 2018 A risk-based approach to mitigating cyberthreats is the best practice for mining companies seeking to prevent and address vulnerabilities, and can fit seamlessly with routine operating and maintenance processes of mines. It does, however, require the right skills and the support of mine leaders,... 

Major quake cuts communications, halts oil and gas operations in Papua New Guinea

By: Reuters     26th February 2018 At least one company began evacuating non-essential personnel after a powerful 7.5 magnitude earthquake hit Papua New Guinea's energy-rich interior on Monday, causing landslides, damaging buildings and closing oil and gas operations. The tremor hit in the rugged, heavily forested Southern... 

Century Aluminum CEO: will recall workers if Trump imposes tariffs

By: Reuters     23rd February 2018 The main US producer of high-purity aluminium used in military aircraft is poised to begin restarting idled production lines at its smelter in eastern Kentucky and recall some 350 workers if President Donald Trump imposes aluminium import curbs. Century Aluminum CEO Michael Bless told Reuters on... 

US seeks to boost output of 35 minerals, reduce import reliance

By: Reuters     17th February 2018 The United States should boost domestic production of 35 critical minerals including uranium, cobalt and lithium, to reduce its reliance on foreign suppliers, the Interior Department said on Friday. Aluminium and potash are also on the draft list of 35 critical materials used in basic... 

Leading aerospace group offering services and products to mining

By: Rebecca Campbell     16th February 2018 European-based aerospace and defence group Airbus used the opportunity presented by the recent 2018 Mining Indaba in Cape Town to present its products and services that are relevant to the international mining industry. Systems originally developed for security and intelligence missions can be... 

Trump weighs tariffs, quotas on US steel, aluminium imports

By: Reuters     14th February 2018 US President Donald Trump said on Tuesday he was considering a range of options to address steel and aluminium imports that he said were unfairly hurting US producers, including tariffs and quotas. Trump's comments - his strongest signal in months that he will take at least some action to... 

Exxon's silent treatment on earnings is rankling Wall Street

By: Bloomberg     8th February 2018 Wall Street wants answers from Exxon Mobil. For at least a decade, Exxon’s top executives haven’t taken questions from Wall Street analysts during quarterly conference calls. Instead, Exxon only fields its VP for investor relations, a unique practice among the top ten S&P 500 Index companies and... 

Rio Tinto confident US will treat Canada differently on trade

By: Bloomberg     8th February 2018 The head of Rio Tinto Group’s aluminium division is confident the Trump administration will recognize that Canada must be viewed differently when considering import tariffs on the metal and in Nafta talks. “There’s a clear recognition of the strategic importance of the Canadian industry to the... 

China's war on noxious smog stokes rally in minor metals

By: Reuters     7th February 2018 China's environmental crackdown is curbing supplies of minor metals such as steel-making ingredient vanadium and defence equipment material germanium, and fuelling an already potent price rally which shows no sign of abating. Strict environmental rules and inspections to ensure standards are... 

MAXAM presents its most innovative solutions for blasting in mines, quarries and infrastructure projects at Mining Indaba

6th February 2018 Its stand includes an innovation corner presenting the technological developments that complement its portfolio to offer customised solutions to its customers. Schalk Burger, Head of Business Development in Africa, will speak about the company's capabilities in the continent and its design and... 

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... 

Creamer Media wows market with combined subscription offer

By: Creamer Media Reporter      30th January 2018 Creamer Media’s Research Channel Africa is a powerful information tool, providing real-time intelligence on industry and mining developments in Africa. Publishing Editor, Martin Creamer urges readers to “make a smart choice for 2018 and take up Creamer Media’s combined subscription offer”.  This... 

WGC bashes cryptocurrency as 'no substitute for gold'

By: Henry Lazenby     26th January 2018 In the wake of cryptocurrencies last year emerging as a market darling, delivering extreme gains to risk-tolerant investors, the World Gold Council (WGC) has come out in defence of gold, saying that, while cryptocurrencies may become an established part of the financial system, gold remains... 

Chilean president-elect names Larrain as finance minister again

By: Reuters     23rd January 2018 Chile's conservative President-elect Sebastian Pinera on Tuesday named a former finance minister in the top copper exporter, Felipe Larrain, to fill the same spot again in his new cabinet. Pinera, a billionaire businessman who won the presidency last month, governed the country from 2010 to 2014,... 

China to drive another year of rapid developments in aluminium market

By: Anine Kilian     23rd January 2018 Buoyed by events in China, the aluminium market is expected to see rapid growth in 2018, according to global energy, chemicals, renewables, metals and mining research and consulting group Wood Mackenzie (WoodMac). In its latest aluminium report, the company highlighted that China supply reforms,... 

Senator, uranium producers urge US govt to investigate reliance on Russian imports

By: Henry Lazenby     20th January 2018 US Republican senator for Wyoming John Barrasso has called on the Commerce Department to launch an investigation into the effects of uranium imports on US national security. "For years, government-owned uranium producers in Russia, Kazakhstan and Uzbekistan have unfairly flooded American markets... 

Christo Visser

By: Martin Creamer     15th December 2017 This week Mining Weekly features Christo Visser, the newly appointed senior VP origination covering Australia, South East Asia, Russia and the CIS 

Rainbow ships first rare earths from Burundi mine

By: Anine Kilian     5th December 2017 LSE-listed exploration and development company Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project, in Burundi, making it Africa’s only rare earths producer. Gakara is one of the highest-grade rare earth element mining projects globally, with an... 

On-The-Air (01/12/2017) 

By: Martin Creamer     1st December 2017 A top French company flew into South Africa this week to herald a new technology era for mining; Australian mining company South32 will begin spending R4.3-billion this month on a life extension coal project in Mpumalanga; and The Australians this week came up with an earlier-than-expected... 

Dassault Systèmes heralding in new autonomous mining era  

By: Martin Creamer     30th November 2017 The 'mine of tomorrow' is expected to be a factory-like entity equipped with a multiplicity of autonomous devices, which are controlled by technology savvy personnel working from remote centres, attendees of the natural resources forum heard in Sandton on Thursday. The ‘mine of tomorrow’ would... 

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