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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,... 

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... 

Indian oil firms shift focus to Israel from Iran amid changing geopolitics

By: Ajoy K Das     20th November 2017 Changing geopolitical alignments and receding investment prospects in Iran are prompting a consortium of Indian oil companies to push for domestic energy security through wider exploration and production projects in Israel and Latin American countries. With the $5-billion investment offer to... 

Research Channel Africa 

By: Creamer Media Reporter      15th November 2017 Creamer Media’s Research Channel Africa is a powerful information tool.  When your company subscribes to the Research Channel Africa, found at www.researchchannel.co.za , you will have access to real-time intelligence on industry and mining in Africa. At you finger tips, you will be able to... 

TransCanada snuffs out Energy East, Eastern Mainline projects

By: Henry Lazenby     6th October 2017 TransCanada has pulled the plug on the Energy East and Eastern Mainline pipeline projects, the oil and gas infrastructure major revealed on Thursday. The TSX- and NYSE-listed oil and gas company said it will inform the National Energy Board (NEB) that it will no longer be proceeding with its... 

NUM to be friend of court in Chamber’s interdict against Mining Charter’s implementation 

By: African News Agency      13th September 2017 The National Union of Mineworkers (NUM) said on Wednesday that it will be approaching the North Gauteng High Court as an intervening party, or friend of the court, in the court interdict by the Chamber of Mines against the implementation of the 2017 Reviewed Mining Charter. The NUM said it... 

Geophysicists urged to innovate amid tough times for exploration

By: Kim Cloete     12th September 2017 The state of exploration for oil and gas as well as mining is in a fix, with exploration spending having decreased by 69% in the last four years, delegates attending the South African Geophysical Association (Saga) 2017 conference have heard. Lockheed Martin business development manager Dan Di... 

Eldorado Gold suspension to affect over 2 000 workers in Greece

By: Mariaan Webb     11th September 2017 Canada’s Eldorado Gold on Monday announced that it would suspend investment at its operations in Greece, citing delays in obtaining routine permits and licences for the construction of the Skouries and Olympias projects. The company said that no additional investment would be made into the... 

Diamonds fund Zimbabwe political oppression, Global Witness says

By: Bloomberg     11th September 2017 Zimbabwe’s government is using money earned from diamond exports to fund its Central Intelligence Organisation, blamed for a raft of human-rights abuses as it’s helped to keep President Robert Mugabe in power since 1980, Global Witness said. Diamonds dug from the Marange fields in eastern... 

Expensive mine dump vegetation going up in flames – DRDGold 

By: Martin Creamer     5th September 2017 Surface mining company DRDGold, which has spent more money on vegetating tailings dams in the last ten years than it has paid dividends to shareholders, is seeing its dump vegetation effort going up in smoke at the same time as it comes under criticism from a leading nongovernmental organisation... 

African market still supplier’s main growth area

By: Nadine James     1st September 2017 Mass accommodation product supplier Ascot Site Solutions affirms that Africa remains its primary market, as it is still its main growth area, with the company particularly focused on the continent’s Copperbelt region, stretching across Zambia and the Democratic Republic of Congo. The South... 

UN experts accuse Congo army General of mining gold illegally

By: Bloomberg     14th August 2017 A group of United Nations experts said it’s gathered evidence that a sanctioned Congolese military officer owns gold mining operations in the northeast of the country, contravening the country’s mining code. Tax officials, mine workers and dredge owners told the Group of Experts on the Democratic... 

Aviation company adds drones to African offering

By: Nadine James     4th August 2017 Multinational aviation company ExecuJet has added unmanned aerial vehicle (UAV) services to its African facilities, Cape Town and Johannesburg, in South Africa, and Lagos, in Nigeria, enabling clients to carry out inspections, surveys, mapping and photography in greater detail. ExecuJet Cape... 

Cameco settles US tax spat, 2017 outlook weakens

By: Henry Lazenby     28th July 2017 Canadian uranium producer Cameco has reached a settlement with the US Internal Revenue Service for the tax years 2009 to 2012, bolstering the company’s position that its transfer pricing arrangements are appropriate. The settlement agreement results in a cash tax payment of about $122 000, which... 

Reject the Mining Charter, urges Phosa

By: African News Agency      27th July 2017 African National Congress (ANC) presidential hopeful, Mathews Phosa, has rubbished the recently revised Mining Charter as a document crafted by “corrupt politicians who colluded with illegal immigrants” in an attempt to get their hands on the country’s mineral resources. Under threat of legal... 

Banro’s Namoya employees return to work after militia violence shuts mine

By: Megan van Wyngaardt     7th July 2017 Dual-listed Banro Corporation on Friday said mining staff at its Namoya gold operations, in the Democratic Republic of Congo (DRC), have returned to work, following a precautionary evacuation earlier this week. On Monday, fighting between the Congolese army and a local militia forced the miner to... 

Aluminium giants stop short of backing Trump import crackdown

By: Bloomberg     23rd June 2017 As the calls for restrictions on cheap Chinese imports reach a fever pitch in Washington, some of the biggest North American aluminium producers are advocating a softer touch. Alcoa Corp. urged the US to directly engage with China to ensure overproduction no longer spills out to the rest of the... 

US Energy Department selects research projects for rare earths from coal industry

By: Creamer Media Reporter      13th June 2017 The US Department of Energy (DoE) has selected three projects for funding to research the recovery of saleable rare earth elements (REE) from domestic coal and coal byproducts. The DoE will invest about $3-million into these projects, which will focus on laboratory testing and the preparation of... 

Mozambique authorities act to protect mining tax base from illegal activities

By: Keith Campbell     5th May 2017 The Cabo Delgado Provincial Command of the Mozambique Republic Police announced late last month that it had expelled more than 4 000 illegal miners form the Namanhumbir area since February. Fifty of the illegal miners, composed of both Mozambicans and foreigners, had been arrested. The foreigners... 

Creamer Media announces special offer for Real Economy Yearbook to be published in June

     25th April 2017 The next edition of Creamer Media’s Real Economy Yearbook will be published on 30 June 2017 and will provide a researched overview of the state of play in a number of industrial and mining sectors. As in previous years, the Real Economy Yearbook will include updates on key news developments in... 

MCA calls for Australia’s pursuit of trade liberalisation

By: Esmarie Swanepoel     28th March 2017 The Minerals Council of Australia (MCA) has proposed a number of measures to boost Australia’s international engagement in its submission to the federal government’s Foreign Policy White Paper, calling on the government to pursue further trade liberalisation, maintain an open foreign investment... 

Drought Proof Australia….. Build the Nation 

     14th March 2017 The story is contributed by Warwick Lorenz, Managing Director of Australian Pump Industries.  Lorenz is a veteran of the water industry having been drafted out of an advertising and journalist’s career at what was the old Tutt Bryant Group into managing its water pump manufacturing division,... 

Marikana mineworkers in court for 2012 incidents

By: African News Agency      21st February 2017 Eighteen Marikana mineworkers facing different charges following a violent strike in Marikana near Rustenburg in 2012, briefly appeared in the North West High Court on Monday. North West Judge president Monica Leeuw postponed the case to July 31, for the national director of public prosecution to... 

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