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Price premiums boosting quality-focused Kumba Iron Ore  

By: Martin Creamer     19th February 2019 South Africa’s Kumba Iron Ore, which stands head and shoulders above its peers when it comes to iron-ore quality, is achieving major price premiums well above historical heights. Structural change and strong growth in particularly the China steel market has placed the Anglo American group company... 

There’s liquidity in gas

18th February 2019 Mozambique is no stranger to mega-projects with large foreign direct investments dating back to the 90’s. Mozambique, through its National Oil Company, has again partnered with International Oil Companies for the development of gas resources discovered in offshore Mozambique. RMB’s Oil and Gas... 

Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress

By: Paige Müller     15th February 2019 Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path.... 

Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress

By: Paige Müller     15th February 2019 Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path.... 

Local manufacturers to benefit from Mining Charter 3's implementation 

By: Nadine James     14th February 2019 Mining Charter 3 and its Implementation Guidelines have created an environment where it is possible for local manufacturers to leverage procurement capacity to drive transformation, Department of Mineral Resources representative Xolile Mbonambi said at a breakfast held at the Industrial... 

Gold, operational costs drag down South Africa’s December mining production

By: Marleny Arnoldi     14th February 2019 South Africa’s mining production decreased by 1.6% year-on-year in 2018, following a 3.9% year-on-year increase in 2017 and a decrease of 3.7% year-on-year in 2016, Statistics South Africa (Stats SA) revealed on Thursday. In December, mining production decreased by 4.8% year-on-year, with the... 

South32 finalising preferred list of coal mine bidders 

By: Martin Creamer     14th February 2019 The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African... 

Lemur completes review of power BFS for Imaloto project

By: Tasneem Bulbulia     13th February 2019 Bushveld Minerals subsidiary Lemur has completed the review of the bankable feasibility study (BFS) for the power aspect of its Imaloto integrated thermal coal mining and independent power producer (IPP) project, in Madagascar. It has also issued a request for proposals for legal advisory... 

Jemena wins licence for 40 TJ/d gas plant

By: Esmarie Iannucci     13th February 2019 The Queensland government has issued infrastructure provider Jemena a licence to start construction of a domestic-only gas processing plant. The plant is part of Jemena’s A$140-million Atlas gas pipeline project, which will create 150 jobs and connect Project Atlas to the Wallumbilla Gas Hub in... 

Livent's lithium woes in China cloud industry outlook

By: Reuters     13th February 2019 Livent on Tuesday forecast a drop in Chinese lithium sales for the year because of uncertainty about the country's electric vehicle subsidies, a worrisome sign for other producers of the key battery component. The Philadelphia-based company, among the first major global lithium producers to post... 

Russia's central bank to pay less for domestic gold from May

By: Reuters     11th February 2019 Russia's central bank will pay less than an industry benchmark for gold that it buys on the domestic market, it said on Monday. The central bank said that from May 1 it would add a discount to a purchase price currently based on the daily London Bullion Market Association (LBMA) gold price. The... 

As ice melts, Greenland could become big sand exporter - study

By: Reuters     11th February 2019 Greenland could start to export sand in a rare positive spinoff from global warming that is melting the island's vast ice sheet and washing large amounts of sediment into the sea, scientists said on Monday. Mining of sand and gravel, widely used in the construction industry, could boost the... 

Consol marks third year of production growth at Pennsylvania mines

By: Creamer Media Reporter      8th February 2019 NYSE-listed Consol Energy’s production and sales have hit a new record in 2018, marking three consecutive years of production growth at the Pennsylvania mining complex (PAMC). Sales from PAMC increased by seven-million tons in the fourth quarter, generating revenue of $49.81/t, compared with... 

RioZim halts output as central bank fails to make payments

By: Bloomberg     8th February 2019 RioZim halted production at its three gold mines after Zimbabwe’s central bank failed to provide foreign currency the company needs to keep operating. The shutdown is the second by RioZim since October. It’s the latest indication of how businesses are struggling to keep going as a dearth of... 

Australia's Pacific National says coal train derailed, services disrupted

By: Reuters     8th February 2019 Australian coal haulier Pacific National said on Thursday that one of its trains derailed near the Hunter Valley in New South Wales and that some services would be affected while repair work was carried out. The Hunter Valley is Australia's top thermal coal-producing region and home to... 

Transnet, Botswana Rail seek to unlock Botswana’s coal reserves

By: Nadine James     7th February 2019 State-owned Transnet and Botswana Railways have resuscitated discussions on the construction of a proposed heavy-haul railway line that will link the two countries to “unlock” Botswana’s estimated 212-billion tons of coal reserves, Transnet announced on Thursday. Discussions around this project... 

AMSA reports first profit since 2010 on back of higher steel prices  

By: Terence Creamer     7th February 2019 Following years of sustained losses, steel producer ArcelorMittal South Africa (AMSA) reported a full-year profit in 2018, on the back of a 12% rise in average realised prices and a 5% increase in sales volumes, supported by a 21% rise in export sales. The company last reported a full-year profit... 

De Beers to spend R30m on diamond exploration this year  

By: Martin Creamer     6th February 2019 De Beers Consolidated Mines (DBCM) will spend R30-million on greenfield diamond exploration in South Africa this year, DBCM MD Phillip Barton told Mining Weekly Online on the sidelines of the Investing in African Mining Indaba. This follows DBCM being granted 32 exploration licences across a... 

Coal gives Qld exports a boost

By: Esmarie Iannucci     6th February 2019 Queensland’s exports grew to A$81.7-billion in 2018, up 16% on the last year, with the resources sector accounting for 80% of the state’s exports. The Queensland Resources Council (QRC) on Wednesday said that Queensland coal exports had increased by more than 15% in value over the 12 months to... 

Coal was Australia’s biggest export earner in 2018

By: Esmarie Iannucci     5th February 2019 New data from the Australian Bureau of Statistics (ABS) has revealed record exports from Australia in 2018, with resources earnings export revenues of some A$248-billion. This was the highest-ever annual export value and accounted for 72% of Australia’s goods exports. 

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state 

By: Kim Cloete     4th February 2019 Mining and metals company South32 says it is concerned about the challenges that have increasingly threatened the stability of South African power utility Eskom and needs to ensure the continuity of supply of its coal to Eskom in the long run. South32’s South Africa Energy Coal (SAEC) company... 

Goldplat's South African, Ghana subsidiaries achieve solid Q2 performance

By: Simone Liedtke     4th February 2019 Aim-listed Goldplat on Monday announced a 57% quarter-on-quarter increase in the production of gold-equivalent ounces for the second quarter ended December 31. Output was, however, 4% lower year-on-year. 

Global demand for coal rises despite uncertainty

By: Kim Cloete     4th February 2019 Despite a move to renewable energy, particularly in Europe, demand for coal globally soared in 2018, led by low calorific value (CV) coal demand. The strongest import markets were China and India, while Indonesia performed extremely strongly on the supply side. China’s demand for coal... 

Coal exports have not risen since 2008, with the IRP posing a further threat, says Minerals Council

By: Kim Cloete     4th February 2019 Coal production, exports and investment in the industry have remained stagnant since 2008, despite higher export prices and South Africa’s abundant coal reserves, says the Minerals Council South Africa. “Even as the coal export price soared, export volumes failed to respond,” Minerals Council... 

Mantashe calls for mining investment amid renewed regulatory certainty  

By: Kim Cloete     4th February 2019 Mineral Resources Minister Gwede Mantashe has assured investors it is safe and stable to invest in the South African mining industry, with the return of regulatory certainty and a revised Mining Charter. “There was a lot of policy and regulatory uncertainty for the better part of last year. We... 

Transnet says coal exports expected to dip this year

By: Kim Cloete     1st February 2019 Coal exports are expected to drop this year, following a disappointingly slow run over the past few months, says Transnet Freight Rail coal GM Mandisa Mondi. “For the current financial year, the target for export was 77-million tonnes. We are trending at 73-million tonnes. We hope to have a good... 

Katanga advances cobalt debottlenecking project  

By: Tasneem Bulbulia     1st February 2019 Katanga Mining, which is a subsidiary of diversified major Glencore, says its cobalt debottlenecking project is progressing on schedule. In an update to shareholders published on Friday, the Democratic Republic of Congo-based company said three new filter presses, a magnesium oxide reagent plant... 

Rising US coal exports fail to stem domestic decline

By: Mariaan Webb     1st February 2019 Despite promises to revive the US coal mining industry, analysts are saying that the country’s policy actions are not enough to reverse the trend of declining coal demand from the power generation industry. In 2018, US coal production fell to 755-million short tons – a 20-million short ton... 

Eskom revises tariff upwards as it unveils shock changes to Nersa submission  

By: Terence Creamer     1st February 2019 Embattled electricity utility Eskom has made shock adjustments to its revenue application currently before the National Energy Regulator of South Africa (Nersa), which, if approved, would translate into tariff increases that are even higher than the 15% a year hikes sought in its initial... 

Botswana keen for corridor to link to South Africa’s coalfields

By: Kim Cloete     1st February 2019 Botswana’s Minister of Transport and Communications, Dorcas Makgato, has revived the need for a new heavy haul railway linking Botswana’s Mmamabula area with South Africa’s Lephalale coalfields.   Makgato said the project aimed to link coal deposits in both areas with South African heavy haul... 

Exxaro upbeat about its coal operations 

By: Kim Cloete     1st February 2019 Empowered coal mining giant Exxaro Resources is confident about its prospects in the coal sector, despite tough conditions and rising cost pressures in South Africa. Exxaro executive head of coal Nombasa Tsengwa on Thursday said the company produced 47-million tons of coal and was geared to grow... 

Logistics a weak link in South Africa’s coal value chain

By: Tracy Hancock     1st February 2019 There needs to be greater impetus on improving the infrastructure that transports coal for domestic use and for export in South Africa. One way of doing so is by dealing with the overuse of road transport and coordinating the logistics of junior miners, which contribute to inefficient coal... 

SA Hippo in demand for US coal mines

1st February 2019 The HIPPO flameproof, medium/high voltage, submersible slurry pump manufactured by heavy-duty slurry pump manufacturer Hazelton Pumps is regarded as the world leader when pumping acidic liquids containing solids at high heads and high volumes and has been exported to the major mining countries.... 

Logistics a weak link in South Africa’s coal value chain

By: Tracy Hancock     1st February 2019 There needs to be greater impetus on improving the infrastructure that transports coal for domestic use and for export in South Africa. One way of doing so is by dealing with the overuse of road transport and coordinating the logistics of junior miners, which contribute to inefficient coal... 

Kumba meets 2018 production, sales guidance

By: Natasha Odendaal     1st February 2019 Despite significant logistical challenges experienced during the fourth quarter of 2018, JSE-listed Kumba Iron Ore met its production and sales volume guidance for the year. Kumba produced 43.1-million tonnes of iron-ore and sold 43.3-million tonnes, in line with the year’s guidance output of... 

India to look at mining agreements during Argentine President's visit

By: Ajoy K Das     30th January 2019 India is preparing the groundwork to sign a slew of bilateral agreements with Argentina encompassing nuclear energy, and the mining of copper, lithium and cobalt during the visit of Argentine President Mauricio Marci, next month. The Argentine President will be leading a high-level business... 

Iron Road halves CEIP plans

By: Esmarie Iannucci     29th January 2019 ASX-listed Iron Road has unveiled plans to halve the size and costs of its Central Eyre iron project (CEIP), in South Australia. The company said that the new plan was driven by a clear industry preference to maximise capital efficiency. As a result, annual targeted output has been reduced from... 

On-The-Air (25/01/2019) 

By: Martin Creamer     25th January 2019 South Africa’s platinum outlook received a blow this week when cobalt was selected ahead of it for a new technology. Richards Bay Coal Terminal has again proved how well business and government can combine for the good of the South African economy. The World Economic Forum has highlighted the... 

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