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Press Office - HUD Mining Supplies

HUD Mining Supplies

HUD Mining Supplies (Pty) Ltd was founded by David Huddy and started operating in 2005. David is the son of Mike Huddy, the CEO of the Huddy Group up to its sale in 2004, the company which was founded by Mike’s father Jack Huddy, in 1944.

This means we have a 65 plus year heritage as a manufacturer in the global diamond drilling industry.

In January 2008, HUD Engineering (Pty) Ltd was established and a new large manufacturing plant was equipped and started up. HUD Engineering manufacturers a wide range of products for HUD Mining, and has continuously grown in size and capacity since inception.

Topic

On-The-Air (15/06/2018) 

By: Martin Creamer     15th June 2018 Mining companies are going all out to combat the deadly scourge of malaria in Africa in compliance with United Nations wishes. South Africa’s meticulous mineral codes are rapidly emerging as global world beaters. De Beers has concluded a R600-million black economic empowerment deal at... 

DFS opens door for Keliber to advance Finland lithium project

By: Creamer Media Reporter      15th June 2018 Exploration and development firm Keliber has published the results of a definitive feasibility study (DFS) for its lithium project, in Finland, confirming its financial and technical feasibility. The DFS endows the lithium project with a net present value, using an 8% discount, of €295-million,... 

Black Mountain finds partner in Uganda

By: Esmarie Swanepoel     15th June 2018 ASX-listed Black Mountain has secured a farm-in partner for its Busumbu phosphate project, in Uganda. Black Mountain has struck a deal with African Minerals Ventures (AVM), which will earn a 51% interest in the project by spending $3-million over the next three years, with Black Mountain to... 

Varvara hub, Kazakhstan

By: Sheila Barradas     15th June 2018 A gold/copper mine in the Kostanay region. 

DREAM TEAM:

By: Martin Creamer     15th June 2018 The organising team of last week’s outstanding Junior Indaba in Johannesburg are (from left) Resources for Africa Investment Conferences CEO Paula Munsie, Resources for Africa Investment Conferences marketing manager Kevin Mnone, Junior Indaba and Joburg Indaba chairperson and mining luminary... 

Junior miners fund needs to be given momentum that only foreign direct investment can provide

By: Martin Creamer     15th June 2018 It is wonderful news that the Department of Mineral Resources is at last acknowledging the important of junior mining promotion by announcing its intention to create a junior miners fund for emerging black startups of greenfield exploration projects. But what has still to be acknowledged is that... 

Piedmont delivers Carolina belt’s first lithium resource estimate in over 30 years

By: Mariaan Webb     14th June 2018 Australia-listed junior Piedmont Lithium has competed the first resource estimate in more than 30 years in the historic Carolina tin/spodumene belt, in the US, which was home to most of the world’s lithium production and processing between the 1950s and 1980s. The estimate for its Core property,... 

Canada’s Erdene is Mongolia exchange’s first cross-listed firm

By: Creamer Media Reporter      14th June 2018 TSX-listed Erdene Resource Development has launched a secondary listing of its common shares on the Mongolian Stock Exchange (MSE), becoming the first cross-listed, and only precious metals exploration company listed on the MSE. Erdene, which has interests in four exploration licences and a... 

Shanta announces partial buyback, extension of loan notes

By: Marleny Arnoldi     14th June 2018 Aim-listed gold miner Shanta Gold has received irrevocable undertakings from the majority of holders of the company’s outstanding unsecured subordinated convertible loan notes that are due in April 2019, to buy back some of those loan notes and to extend the maturity date of the remainder of the... 

SEMS appointed as exploration manager at GoldStone's Ghana project

By: Anine Kilian     14th June 2018 Aim-listed GoldStone Resources has appointed SEMS Exploration Services as geological manager of the company’s Akrokeri-Homase project, in the Ashanti region of Ghana.   SEMS will design and implement the development of the project with the objective of reopening the Akrokeri underground mine,... 

Wallbridge starts ramp development at Quebec gold mine

By: Creamer Media Reporter      14th June 2018 Junior explorer Wallbridge Mining has completed the rehabilitation of existing underground workings at its Fenelon gold mine, in Quebec, and has started ramp development and underground drilling, as it works towards a production decision early next year. The mine has been dewatered on the... 

Independence eyes downstream possibilities at Nova

By: Esmarie Swanepoel     14th June 2018 Diversified metals miner Independence Group is on track to deliver a prefeasibility study on the downstream processing of nickel and cobalt sulfate at its Nova nickel operation, in Western Australia. Speaking at the second day of the Association of Mining and Exploration Companies (Amec)... 

Cobalt hunt takes Aussie explorer to forest on BMW's doorstep

By: Bloomberg     13th June 2018 The search for cobalt, a key component of the battery-powered auto fleets of the future, has arrived on BMW AG’s doorstep with a discovery of an ore deposit not far from the plant where the German manufacturer makes its i3 electric city car. The cobalt find in a forested section of Saxony’s... 

Resources Watch  

13th June 2018 One-size-fits-all legislation ill-conceived And, government creating junior miners’ fund 

Tharisa expands its presence in Zim with acquisition of Karo stake

By: Simone Liedtke     13th June 2018 JSE-listed Tharisa has acquired a 26.8% shareholding in Karo Mining Holdings for $4.5-million. Karo Mining, in March, reached an agreement with the Zimbabwe government to establish a platinum group metals (PGM) mine, concentrators, smelters, a base metal and precious metals refinery and power... 

Oz extends Avanco offer, gains majority share

By: Esmarie Swanepoel     13th June 2018 Copper miner Oz Minerals has extended its takeover period for fellow-listed Avanco Resources to July 6, after gaining a 73.9% foothold in the takeover target. Oz Minerals said on Wednesday that acceptances and acceptance instructions have been received from all of Avanco’s major shareholders,... 

Black Mountain step change takes effect

By: Esmarie Swanepoel     13th June 2018 Junior Black Mountain Resources has completed its restructure, disposing of its interest in the Namekara vermiculite mine, and changing its name to Hipo Resources. Black Mountain in February this year flagged a change in direction to focus on its lithium farm-in agreement in the Democratic... 

AuStar takes ownership of Rose of Denmark

By: Esmarie Swanepoel     13th June 2018 Gold junior AuStar Gold has taken full ownership of the Rose of Denmark gold project, in Victoria. The company told shareholders that it had acquired the remaining 51% interest of the mining license that holds the project, from Shandong Tianye Real Estate Development Group for A$225 000 in... 

BCI weighing options at Mardie

By: Esmarie Swanepoel     13th June 2018 ASX-listed BCI Minerals was looking at development options for its Mardie salt and sulphate of potash (SOP) project, which could include a joint venture or a spin-out. BCI’s GM for iron-ore and industrial minerals, Steve Abbott told delegates at the Association of Mining and Exploration... 

Tethyan granted new exploration permit in Kosovo

By: Creamer Media Reporter      12th June 2018 Base metals explorer Tethyan Resources has been granted a new exploration licence in the north-eastern part of the Trepca lead/zinc mining district of Kosovo. The 75 km2 licence, named Bistrice, is valid for three years, with an option to extend that up to three times for a period of two years... 

Positive PEA indicates viability of Firesteel’s Laiva mine

By: Marleny Arnoldi     12th June 2018 TSX-V-listed Firesteel Resources on Tuesday announced the positive results of a preliminary economic assessment (PEA) at the company’s Laiva gold mine, in Finland.  

Bluebird to acquire another Australian cobalt project

By: Anine Kilian     12th June 2018 TSX-listed Bluebird Battery Metals has entered into a binding letter of intent to acquire 100% of the rights, title and interest in the granted exploration licences of the Ashburton cobalt project, in Western Australia.   “A key reason we selected the Ashburton project, other than the style and... 

Stratex partners with Cameroonian company to advance gold exploration projects

By: Marleny Arnoldi     12th June 2018 Aim-listed Stratex International has entered into a conditional option agreement with a well-established Cameroonian company to acquire up to a 90% interest in two early-stage gold exploration projects, Bibemi and Wapouzé, in north Cameroon.  

AngloGold maintains option for Nevada earn-in

By: Creamer Media Reporter      12th June 2018 TSX-V-listed Renaissance Gold, which has based is business model on joint ventures, has received a $200 0000 payment from gold major AngloGold Ashanti to maintain an option to earn into the Silicon gold project in the Bare Mountains of Nevada, US. In its first year of exploration, AngloGold has... 

South Africa’s ‘Samcodes way’ a world-beater – Mullins

By: Martin Creamer     12th June 2018 South Africa has succeeded in creating a meticulous set of mineral reporting codes that continue to gain international recognition. The South African Mineral Reporting Codes (Samcodes), which protect investors, are currently so highly regarded that in October South Africa will host a large... 

Angola's top diamond mine says underpricing has cost it almost $500m

By: Reuters     12th June 2018 Angola's Catoca, the world's fifth largest diamond mine, estimates it lost $464-million over the past six years due to a government-imposed marketing system that obliged it to sell production below international prices, a company presentation seen by Reuters showed. The figure was presented... 

Stanmore extends Isaac Plains with Peabody deposit buy

By: Esmarie Swanepoel     12th June 2018 Coal miner Stanmore Coal has struck a A$30-million deal with Peabody Australia to acquire the Wotong South coking coal deposit, which is located adjacent to Stanmore’s Isaac Plains project, in Queensland. In addition to the A$30-million cash price, Stanmore has also agreed to a production-based... 

Beneficiation opportunities in zinc, fuel cells – Oliphant

By: Martin Creamer     11th June 2018 Deputy Minerals Minister Godfrey Oliphant is engaging with companies on local value-addition opportunities in zinc and platinum-catalysed fuel cells, and would like mining companies to make these and other locally mined commodities available at developmental prices to facilitate... 

Kodal to raise £1.5m for Bougouni’s development

By: Simone Liedtke     11th June 2018 West Africa-focused Kodal Minerals has conditionally raised £1.5-million, before expenses, by way of a subscription and placing of 1.1-billion ordinary shares at a price of 0.13p a share. The net proceeds from the fundraising will be used to further the exploration and development programme at... 

Ethiopian syndicate to buy 30% stake in Kefi subsidiary

By: Simone Liedtke     11th June 2018 Emerging gold producer Kefi Minerals has reached an agreement with an Ethiopian investment syndicate that wants to acquire a 30% ownership interest in Kefi subsidiary Kefi Minerals Ethiopia (KME), which holds the company’s interest in the Tulu Kapi Gold Mines (TKGM). Under the proposed terms,... 

World Mining Congress 2018: A driver for developing mining industry in Kazakhstan

11th June 2018 There is less than two weeks left before the start of the key world event in the mining and metallurgical industry - the 25th World Mining Congress, which will be held in Astana. Such a large-scale event of world significance will be held for the first time not only in Kazakhstan, but also in the... 

Chaarat plans to lead consolidation in CIS region

By: Mariaan Webb     11th June 2018 London-listed Chaarat Gold’s offer to take over Kyrgyzstan’s largest gold mine, Kumtor, is only “one of a number of potential deals” that the company is considering in former Soviet Union countries, chairperson Martin Andersson said on Monday, reaffirming the junior’s strategy of selective... 

Farellon copper/gold mine on track to meet 5 000 t/m in June

By: Nadine James     8th June 2018 TSX-listed mineral exploration company Altiplano Metals has improved capacity at its Farellon copper/gold mine, in Chile, which was now on track to meet its targeted extraction rate of 5 000 t/ m later this month.   "Through professional management of extraction methods and operations, our team... 

Laramide increases private placement to C$3.3m

By: Nadine James     8th June 2018 Uranium miner Laramide Resources has increased the previously announced private placement from seven-million units to ten-million units, at a company price of C$0.30 a unit, for aggregate gross proceeds of up to C$3.3-million. The ASX- and TSX-listed company had, earlier this month, announced its... 

Murchison Minerals expands prospective area in Canada

By: Marleny Arnoldi     8th June 2018 TSX-listed zinc/copper/silver miner Murchison Minerals has acquired more ground near its Brabant-McKenzie property, in Saskatchewan, Canada, by staking and is planning additional ground geophysics at the property.  

Nevada Sunrise acquires option to buy Nevada mine

By: Anine Kilian     8th June 2018 TSX-V-listed Nevada Sunrise Gold Corporation has entered into a 90-day due diligence period related to an option to buy the Coronado property, in Nevada. During the due diligence period, Nevada Sunrise will commission Geotech, of Aurora, Ontario, Canada, to fly a vertical transient... 

Honey Badger acquires Thunder Bay Silver & Cobalt Corporation

By: Marleny Arnoldi     8th June 2018 TSX-listed Honey Badger Exploration has acquired Thunder Bay Silver & Cobalt Corporation – a private company with assets comprising 359 claims, covering 6 880 ha within the Thunder Bay polymetallic silver camp, in Canada.  

Hannan Metals to raise C$1m for Irish project

By: Marleny Arnoldi     8th June 2018 TSX-listed base metals miner Hannan Metals will raise about C$1-million through a nonbrokered private placement of up to 6.7-million units of the company at a price of C$0.15 apiece.  

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