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Anglo, Sirius reach acquisition agreement

By: Martin Creamer     20th January 2020 The boards of Anglo American plc and Sirius Minerals plc have reached agreement on the takeover of the share capital of Sirius for £404.9-million. The acquisition will enable diversified  mining company Anglo to enter the fertiliser space through ownership of an underground polyhalite mining... 

Kwatani Collaboration Boosts Local Mining Economy

17th January 2020 Specialist vibrating equipment Original Equipment Manufacturer (OEM) Kwatani is leveraging a recent multi-year service contract at a large mining customer in the Northern Cape to further boost the area’s local economy. “Our branch near the customer’s mining operation has for many years employed... 

Glencore, Merafe to retrench Rustenburg Smelter employees 

By: Simone Liedtke     17th January 2020 Global miner Glencore Alloys and Merafe Resources have started a Section 189A process. The companies confirmed on Friday that written notice had been given to its employees at its joint venture (JV), the Rustenburg Smelter, in the North West. 

Ncondezi on track to submit tariff submission

By: Tasneem Bulbulia     17th January 2020 Aim-listed Ncondezi Energy is on track to submit a tariff financial model for its integrated 300 MW coal-fired power project and coal mine in Tete, Mozambique, to strategic partners at the end of this month. The company is targeting a competitive tariff rate in line with tariff rates recently... 

DRC President to attend Mining Indaba

By: Simone Liedtke     17th January 2020 Democratic Republic of the Congo (DRC) President Félix Tshisekedi will be attending this year’s Investing in African Mining Indaba, which will be held in Cape Town next month. He will be accompanied by a large delegation from the DRC, including two newly appointed Cabinet Ministers, namely Energy... 

Gran Colombia sets new high water mark

By: Tasneem Bulbulia     15th January 2020 Canada-based mid-tier gold producer Gran Colombia Gold produced a total of 22 391 oz of gold in December, bringing the total for the fourth quarter of 2019 to a new quarterly record of 65 237 oz compared with 55 260 oz a year earlier.  The miner produced a new yearly record of 239 991 oz in 2019,... 

Pensana appoints new CFO

By: Tasneem Bulbulia     10th January 2020 Robert Kaplan has been appointed CFO  and company secretary of ASX-listed Pensana Rare Earths ahead of its planned listing on the main board of the LSE next month. Kaplan previously worked in financial and treasury roles for LSE-listed diamond miner Petra Diamonds. 

WA invests in hydrogen studies

By: Esmarie Iannucci     8th January 2020 The Western Australian government has announced a A$1.68-million investment to support feasibility studies across seven proposed renewable hydrogen projects to support development of the fledgling industry. The studies, funded through the government's Renewable Hydrogen Fund, include examining... 

Tshipi expansion on the cards for Jupiter  

By: Esmarie Iannucci     7th January 2020 ASX-listed Jupiter Mines has completed a concept study on the expansion of its Tshipi Borwa manganese mine, in South Africa, with a feasibility study expected to start shortly. Jupiter on Tuesday said that the feasibility study will be based on the production of 4.5-million tonnes, a 50%... 

Champion set for Canadian move

By: Esmarie Iannucci     7th January 2020 Dual listed Champion Iron has announced plans to re-domicile from Australia to Canada. The company on Tuesday said that after considering the potential benefits and disadvantages of the move, the board of directors has determined that the re-domicile to Canada would align the location of the... 

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