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Philippines' Duterte says government plans new mining law

By: Reuters     Updated 7 hours ago Philippine President Rodrigo Duterte said on Friday the government will draft a new law for the country's mining industry, which he said pays too little in tax and not enough in compensation for any environmental damage. The fate of more than half of 41 mines in the Philippines, the world's top... 

Fast-growing Chinese aluminium sector attracts increased govt scrutiny

By: Henry Lazenby     21st July 2017 As the Chinese aluminium sector comes under greater pressure to moderate its capacity growth, the government is cracking down on so-called ‘illegal’ smelters, analysis by Wood Mackenzie global aluminium markets senior research analyst Ami Shivkar has found. Shivkar argues that unqualified... 

Lack of confidence in black businesses cripples development

By: Nadine James     21st July 2017 Materials handling and alternative mining solutions expert Ncamiso Mining is expanding its presence in Welkom, where it sees strong potential to grow and support local black-owned and black economic-empowerment (BEE) entities across the various needs of their operations in the area. However,... 

Proper hose assemblies improve hydraulic safety and life span

     21st July 2017 Technical solutions provider BMG urges that care be taken when selecting, installing and maintaining high-quality components in any hydraulic system because hose assemblies can be highly dangerous if misapplied and if inadequate attention is given to maintenance of the hose and related equipment.  

SUCKING UP TO DIAMONDS

By: Martin Creamer     21st July 2017 Diamond company De Beers finds some of its most valuable diamonds on the floor of the Atlantic Ocean, off the coast of Namibia. It recovers the diamonds by sucking them off the seabed in a vacuuming action that creates angst among some environmental organisations and helicoptering them to shore.... 

Virtual Technology Now Used For Blast Training In SA

     20th July 2017 Training for underground blasting has just taken a technological leap forward, with the installation and commissioning of Africa’s first virtual reality blast wall with rear-view projection, powered by Simulated Training Solutions, at the Murray & Roberts Cementation Training Academy near... 

Chile approves expansion at BHP's Spence mine – paper

By: Reuters     20th July 2017 Chilean authorities have approved a $2.5-billion expansion of BHP Billiton's Spence copper mine, a local newspaper reported on Wednesday, though the company has not yet decided whether to go ahead with the project. Chile's Environmental Evaluation Service (SEA) has unanimously approved the... 

Greenstone Gold partners submit environmental applications for Hardrock project

By: Henry Lazenby     20th July 2017 Joint venture (JV) partners Centerra Gold and Premier Gold Mines have submitted the environmental impact statement and environmental assessment (EIS/EA) to the Canadian Environmental Assessment Agency (CEAA) and the Ministry of the Environment and Climate Change (MOECC) to start the formal... 

Arbitrator grants some protective relief for Centerra in ongoing Kyrgyz legal saga

By: Henry Lazenby     19th July 2017 Canadian gold producer Centerra Gold has been granted some interim relief in its rolling arbitration against the Kyrgyz Republic and State miner Kyrgyzaltyn, regarding the Kumtor project. The TSX-listed miner reported on Wednesday that the arbitrator sided with the company, finding prima facie... 

Ivanhoe appoints two more financiers to find funds for Platreef

By: Samantha Herbst     19th July 2017 Africa-focused platinum-group metals (PGM) miner Ivanhoe Mines has appointed mine-financing institutions KfW IPEX-Bank and the Swedish Export Credit Corporation (SEK) to arrange project financing for the development of the Platreef project in South Africa’s Limpopo province. The German... 

Qld supports METS sector

By: Esmarie Swanepoel     19th July 2017 The Queensland state government has outlined plans to grow the states mining technology sector, with the aim of creating 3 000 additional jobs over the next ten years. State Development Minister Dr Anthony Lynham released a ten-year action plan to make the state’s existing A$7-billion mining... 

Brazilian judge suspends Samarco dam disaster civil claim indefinitely

By: Henry Lazenby     19th July 2017 A Brazilian federal judge of the Federal Court of Minas Gerais has, for an indefinite time, suspended a public civil lawsuit against Samarco Mineração over the miner’s tailings dam collapse in November 2015, the company said on Tuesday. Vale, the world’s largest iron-ore producer, said in a press... 

Taseko gets multiyear ‘NOW’ permit for contentious New Prosperity mine

By: Henry Lazenby     19th July 2017 The provincial government of British Columbia has issued Taseko Mines with a multiyear Notice of Work (NOW) permit that will allow the base metals producer to undertake a site investigation programme at the New Prosperity gold/copper mine. The mine project, which has been nixed twice by the... 

Construction on Exxaro’s new offices to start in September

By: Anine Kilian     18th July 2017 Real estate investment trust Growthpoint Properties has started the multimillion-rand development of a new head office for diversified miner Exxaro Resources. Exxaro’s new corporate headquarters will consolidate its current offices in Pretoria and Johannesburg into a single workspace, located at... 

Demand growth for some metals may exceed 1 000% – World Bank

By: Martin Creamer     18th July 2017 A new World Bank report highlights the potential impacts that the expected continuing boom in low-carbon energy technologies will have on demand for many minerals and metals, including Southern Africa's platinum, manganese and chrome. Using wind and solar energy, and energy storage batteries, as... 

Lithium Americas inks investment agreement with Thai energy company

By: Samantha Herbst     18th July 2017 Niche minerals company Lithium Americas has closed an investment agreement with BCP Innovation, a wholly owned subsidiary of Thai energy company Bangchak Corporation Public Company, in which the latter has agreed to provide Lithium Americas with an aggregate of $113-million to fund a portion of... 

Fortescue lifts lid on Eliwana production plans

By: Esmarie Swanepoel     18th July 2017 Iron-ore miner Fortescue Metals has applied for environmental approval for new capacity of 50-million tons a year in the Pilbara, but the company was quick to point out that the application does not reflect a production guidance. Fortescue, which last year spearheaded a campaign to force... 

Interim report into NT fracking released

By: Esmarie Swanepoel     17th July 2017 Communities in the Northern Territory are “overwhelmingly” against hydraulic fracturing (fracking), says the independent inquiry body appointed last year to investigate the environmental, social and economic risks and impacts of fracking. The inquiry, which started in December, concluded its... 

Metro raises more funds for Bauxite Hills development

By: Esmarie Swanepoel     17th July 2017 Bauxite developer Metro Mining suspended share trading on Monday, as the company announced yet another capital raise. Metro was hoping to raise A$38-million through a two-tranche share placement, to fully fund the construction and development of its Bauxite Hills mine, in Queensland. 

Kibo unaffected by Tanzania mining legislation changes

By: Anine Kilian     14th July 2017 Tanzania-focused mineral exploration and development company Kibo Mining’s Mbeya coal-to-power-project (MCPP) will not experience any adverse developmental impacts owing to recent changes in Tanzania’s legislative mining environment. Reuters reported that Tanzania’s Parliament had passed two laws... 

Elon Musk exposes deep coal divide in energy-hit Australia

By: Bloomberg     14th July 2017 Elon Musk’s intervention in Australia’s energy crisis is widening a divide over the future of coal. The billionaire Tesla Inc. founder, who has promised to help solve an Australian state’s clean energy obstacles, sees no place for the fossil fuel. That conflicts with the national government’s... 

Low grades, high power costs key snags to SA chromite sector’s competitiveness

By: David Oliveira     14th July 2017 Despite South Africa’s rich chromite endowment, the low chromium oxide (Cr2O3) grades in its orebodies and the high cost of electricity are significant barriers to the country becoming the dominant player in the global industry. Mintek metallurgical project development consultant Dr Nic Barcza... 

Burundi rare earths project on track for first production

By: Nica Schreuder     14th July 2017 Rare-earth element mining company Rainbow Rare Earths says it has made significant progress towards achieving first production at its Gakara rare earths project in Burundi, East Africa, with about $6-million has been invested in the project to date. Bolstered by Rainbow’s completion of an... 

Demand for African resources, but common codes needed

By: Simone Liedtke     14th July 2017 African mining has entered into the new up-cycle for commodities, which is fuelled by the economic growth profile in the eastern hemisphere – which includes China, Mongolia and the Pacific rim region, as well as the global uncertainty over the value of and the sustained availability of ‘cash-money’. 

Low grades, high power costs key snags to SA chromite sector’s competitiveness

By: David Oliveira     14th July 2017 Despite South Africa’s rich chromite endowment, the low chromium oxide (Cr2O3) grades found in its orebodies and the high cost of electricity are significant barriers to the country becoming the dominant player in the global industry. Mintek metallurgical project development consultant Dr Nic... 

Mali gold project production targeted for December

By: Simone Liedtke     14th July 2017 Multi-asset gold company Hummingbird Resources is developing the advanced Yanfolila gold project, in Mali, as a low-cost, high-grade openpit mining operation, with first gold production targeted for December. 

Pockets of potential bode well for future

By: Nica Schreuder     14th July 2017 The expected turning point in the African mining sector has not yet occurred, owing to continued soft economic growth in emerging economies allied to uneven global economic recoveries, divergent monetary policies and significant geopolitical/social issues, which continue to create further... 

Support for multicommodity potential of Malawi project

     14th July 2017 Sampling at dual-listed explorer Mkango Resources’ Thambani heavy minerals project, in southern Malawi, supports the notion that Thambani has significant multicommodity potential, says president Alexander Lemon. He noted in a May statement that not only were the uranium results highly... 

What the Minerals Ministry should be focusing on to ensure mining’s competitiveness

By: Martin Creamer     14th July 2017 What South Africa’s Mineral Resources Ministry and the Department of Mineral Resources (DMR) has come up with for mining so far is simply unsustainable. It is destructive rather than constructive and simply cannot last. When the penny drops with this administration or the next, a constructive... 

Africa remains tough but attractive mining destination

By: Nica Schreuder     13th July 2017 Despite potential risk factors associated with mining in Africa, mining services provider Fraser Alexander executive business development head Ken Bouch says the rewards make it worth investing in the mineral-rich continent. 

Muted growth forecast for Europe’s mining industry

By: Creamer Media Reporter      13th July 2017 Mining and metals companies operating in Europe are set to remain in recovery mode, as a sluggish recovery in mineral prices keep investment activity subdued, while environmental regulations will pose headwinds for coal-producing countries. BMI Research said on Thursday that mineral prices were... 

Years of gridlock face South Africa as new rules hurt mining 

By: Bloomberg     13th July 2017 Executives from Sibanye Gold Ltd., South Africa’s biggest gold miner, were in Los Angeles in the final stages of a roadshow with U.S. bond fund managers last month when a bombshell hit from back home. The government had introduced shock new rules requiring local mines be 30 percent black-owned in... 

Massive copper mine tests Trump's push to slash regulation

By: Reuters     13th July 2017 Rio Tinto's proposed Resolution Copper Mine in Arizona would tunnel 7 000 feet underground, where rocks radiate heat from the earth’s molten core. It would suck up enough water to supply a city and leave a crater a mile and a half wide and 1 000 feet deep. Planned for more than a decade, the... 

Quebec govt to invest C$2.13m in Canadian Metals’ silica mine

By: Henry Lazenby     12th July 2017 The Quebec provincial government has given its investment vehicle Ressources Québec approval to invest C$2.13-million in junior project developer Canadian Metals, completing the company’s C$9.2-million global financing plan to implement its Langis high-grade silica project. The government... 

Katoro’s Imweru drill programme ahead of schedule

By: Anine Kilian     12th July 2017 Gold exploration and development company Katoro Gold’s infill drilling programme at its Imweru gold project, in Tanzania, is progressing significantly better than planned and is currently ahead of schedule and below budget. Owing to the strong drill performance and significant cost savings made... 

South Africa, Chile sign mining cooperation MoU 

     12th July 2017 Mineral Resources Minister Mosebenzi Zwane has signed a memorandum of understanding (MoU) with his Chilean counterpart Aurora Elvira Williams for the two countries to cooperate in the mining and minerals field. The MoU, which was signed in Santiago during the LatAm Mining Cumbre, commits the two... 

Australia to pay China's Shenhua $200m to buy back mining licence

By: Reuters     12th July 2017 Australia's New South Wales state said on Wednesday it would buy back half of a coal exploration licence from China Shenhua Energy Co Ltd, bowing to pressure from farmers and environmentalists opposed to mining on prime agricultural land. The government of Australia's most populous state said it... 

Hayes Creek proves up for PNX

By: Esmarie Swanepoel     12th July 2017 A prefeasibility study (PFS) into the Hayes Creek zinc-gold-silver project, in the Northern Territory, has found that the project would require a capital investment of A$58-million to construct a 450 000 t/y sulphide flotation process plant and associated infrastructure. ASX-listed PNX Metals... 

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