http://www.miningweekly.com
R/€ = 16.59 Change: 0.00
R/$ = 14.40 Change: 0.00
Au 1226.67 $/oz Change: -0.01
Pt 832.50 $/oz Change: 0.75
 

Topic

Flow of LME nickel to hidden storage dents bull story

By: Reuters     19th October 2018 The bulk of nickel moving out of London Metal Exchange-approved warehouses in Asia is showing up in hidden facilities in Europe, analysts said, denting a bullish scenario of potential shortages. LME nickel stocks have shrunk by about 40% this year, largely from warehouses in Malaysia, Taiwan... 

Ramelius outlines merits of its offer for Explaurum

By: Esmarie Iannucci     19th October 2018 Gold miner Ramelius Resources has extended the deadline for its takeover offer of Western Australian explorer Explaurum until November 23, arguing that its takeover offer had merit. Ramelius in September launched an all-scrip bid for Explaurum, offering one of its own shares for every four... 

Amid falling platinum prices, PGM miners upping chrome ore production to improve profitability 

By: Nadine James     19th October 2018 Some platinum group metals (PGM) producers have become large producers of chrome ore to improve their profitability, says Kagiso Asset Management investment analyst Mandi Dungwa. South Africa is the world’s largest chrome producer, delivering more than half of the global ore supply in 2017, with... 

Tekeledougou’s assay results show extended gold

19th October 2018 West African focused gold exploration company Cora Gold last month announced the final batch of assay results from the Tekeledougou project in southern Mali which confirm that the strike length of gold mineralised structures extends to at least 1.1 km at Kouroudian prospect and 350 m at Woyoni... 

Amid falling platinum prices, PGM miners upping chrome ore production to improve profitability

By: Nadine James     19th October 2018 Some platinum group metals (PGM) producers have become large producers of chrome ore to improve their profitability, says Kagiso Asset Management investment analyst Mandi Dungwa. South Africa is the world’s largest chrome producer, delivering more than half of the global ore supply in 2017, with... 

Endeavour moves forward Ity gold pour

By: Mariaan Webb     17th October 2018 The Ity carbon-in-leach (CIL) gold project that Endeavour Mining’s in-house team is building in Côte d'Ivoire is tracking two months ahead of schedule and will pour its first gold at the beginning of the March 2019 quarter, rather than mid-year, the Canadian firm reported on Wednesday. In a... 

Arc Minerals reports elevated copper intersections at Zambia project

By: Simone Liedtke     16th October 2018 Aim-listed Arc Minerals on Tuesday reported additional reverse circulation and diamond drill assay results from the company’s 11 000 m drilling programme at the Kalaba prospect, which is part of its Zamsort copper/cobalt project, in Zambia. The results found that mineralisation continues to be... 

Coeur buys Alio Gold's ‘noncore’ Nevada assets for $19m

By: Mariaan Webb     16th October 2018 NYSE-listed Coeur Mining is expanding its footprint in Nevada, announcing on Tuesday that it would buy a property package adjacent to its Rochester operation from Alio Gold, which deemed the Lincoln Hill, Wilco and Gold Ridge projects as noncore. In terms of a definitive agreement, Coeur Mining... 

Saracen strikes record quarter

By: Esmarie Iannucci     16th October 2018 Gold miner Saracen Mineral Holdings has reported record production in the three months to September, on the back of record group mill throughput and higher ore grades at all of its operations. Gold production in the quarter reached 88 940 oz, with the Carosue Dam operation delivering 51 753 oz... 

Rio Tinto copper output jumps; iron-ore, aluminium production slip

By: Esmarie Iannucci     16th October 2018 Diversified major Rio Tinto has reported lower production across nearly all its commodities, besides copper, in the three months to September. “We have delivered consistent operational performance in the third quarter, highlighted by strong production from the group’s copper assets,” Rio CEO... 

B2Gold delivers record Q3 production despite production shortfalls in Nicaragua

By: Marleny Arnoldi     12th October 2018 Canadian miner B2Gold had record-consolidated gold production of 242 040 oz in the third quarter – a 78% increase on the 106 412 oz produced in the third quarter of 2017. Fekola mine, in Mali; Masbate mine, in the Philippines; and Otjikoto mine, in Namibia, were the strongest contributors to... 

Fire still burning at Peabody’s North Goonyella

By: Esmarie Iannucci     12th October 2018 US coal producer Peabody has issued force majeure notices to coal customers and certain of its vendors at the North Goonyella mine, in Queensland, as the company continues to work to extinguish a fire. The US miner at the start of last week started implementing a multi-tiered plan to extinguish... 

Graphex positive common ground to be found

By: Erin Steenhoff-Snethlage     12th October 2018 Australian mineral exploration and development company Graphex Mining submitted a 200-page document to the Tanzanian Ministry of Minerals earlier this month. The submission contains recommendations regarding the new mining legislation that was announced in Tanzania in July 2017. “At one of our... 

Shanta looking to positive future in Tanzania

By: Erin Steenhoff-Snethlage     12th October 2018 Amid recent changes to Tanzanian mining legislation that has emphasised localisation, Guernsey-based East Africa gold producer Shanta Gold remains optimistic about its future mining prospects in the country, says Shanta Gold CEO Eric Zurrin. “The new legislation has worked in our favour, as we... 

Water shortage an emerging challenge for mines

By: Natasha Odendaal     12th October 2018 With water a critical resource across all mining and quarrying developments and operations, water scarcity is adding an extra layer to the challenges faced by South African miners. Water management is steadily emerging as the pre-eminent sustainability issue within the global energy and mining... 

Junior miner reports progress at its South African nickel/copper/platinum group project

By: Rebecca Campbell     12th October 2018 Early this month, London AIM-listed exploration and development group URU Metals released its final results for the 2017/2018 financial year (which ended on March 31 this year). During that year the company’s activities were focused on the exploration and development of its mineral properties in... 

Extending the life of mine beyond its life as a mine

11th October 2018 The last thing on the minds of workers at the oldest-known mine on archaeological record some 43,000 years ago in Swaziland was what their mine might become long after their tools had been put away. Fast forward to today, and the transformation from active mine to mine closure is a C-level... 

A$60m Mt Carlton underground mine wins board approval

By: Esmarie Iannucci     11th October 2018 The board of gold miner Evolution Mining has approved the A$60-million development of the Mt Carlton underground mine, in Queensland. The miner on Thursday told shareholders that the start of the underground development would require regulatory approvals, and submissions to the Department of... 

Northern flags Browns Range increases

By: Esmarie Iannucci     11th October 2018 Heavy rare earths producer Northern Minerals has flagged the potential to increase production from its Browns Range pilot plant project, in Western Australia, at a capital cost of A$4-million. The ASX-listed company said on Thursday that it had investigated using ore sorting on the five... 

Yaouré FEED study confirms pricing

By: Esmarie Iannucci     11th October 2018 A value engineering assessment (VEA) and the front-end engineering and design (FEED) study for the Yaouré gold project, in Cote d’Ivoire, has confirmed the 2017 cost estimates, ASX- and TSX-listed Perseus Mining reported. The 2017 definitive feasibility study (DFS) estimated that Yaouré would... 

First Cobalt eyes restart of Canadian refinery

By: Esmarie Iannucci     11th October 2018 Dual-listed First Cobalt has undertaken three independent studies to assess restarting its refinery in Ontario, Canada. The First Cobalt refinery was commissioned in 1996, and has a nominal throughput capacity of between 12 t/d and 24 t/d. 

Venturex eyes A$169m copper/zinc mine in Pilbara

By: Esmarie Iannucci     10th October 2018 The definitive feasibility study (DFS) into the enlarged Sulphur Springs copper/zinc project, in the Pilbara, has estimated a capital requirement of A$169-million, to develop a 1.25-million-tonne-a-year operation. Based on the base-case scenario, Sulphur Springs would produce some 65 000 t/y of... 

Higher nickel prices sees Rox relook at Fishers East

By: Esmarie Iannucci     10th October 2018 An updated scoping study into the Fishers East nickel project, in Western Australia, has proved the project to be financially robust, and technically low risk, ASX-listed Rox Resources said. The updated study is based on a mining rate of 500 000 t/y, resulting in the recovery of some 7 300 t/y... 

Codelco plans to raise $1bn in 2019

By: Reuters     10th October 2018 Chile's State-owned miner Codelco, the world's largest copper producer, plans to raise up to $1-billion next year to help finance the overhaul of its existing mines, chairperson Juan Benavides said on Tuesday. Benavides also said the company was looking at exploration projects in Brazil, Ecuador... 

DRA Secures Front End Engineering Design For Yangibana Rare Earths Project

9th October 2018 DRA Global has been awarded the Front-End Engineering Design (FEED) contract by Hasting Technology Metals Limited (“Hastings”), for the Yangibana Rare Earths Project in Western Australia. The Yangibana Project will be Hastings’ first Rare Earths Project on the Australian continent, containing... 

Lithium-rich WA bids to host battery research centre

By: Esmarie Iannucci     9th October 2018 The Western Australian government on Tuesday confirmed that the application for the Future Battery Industries Cooperative Research Centre (FBI CRC) was one of six to be shortlisted to the next round by the Cooperative Research Centres (CRC) programme. The state government has included a... 

Ramu increase on the cards

By: Esmarie Iannucci     8th October 2018 The share price of junior Highlands Pacific rose slightly Monday on news of the potential expansion of the Ramu nickel and cobalt operation, in Papua New Guinea, in which the company holds an 8.56%. Highlands on Monday confirmed that its project partner Metallurgical Corporation of China (MCC)... 

Provincial enviro nod for IDM’s Red Mountain

By: Mariaan Webb     8th October 2018 The Red Mountain gold and silver underground mine, in the Nass Wildlife area of British Columbia, is one step closer to development, with the provincial government granting the project environmental approval. Environment and Climate Change Strategy Minister George Heyman and Energy, Mines and... 

Zero water usage mines - more than (just) an aspiration

By: Creamer Media Reporter      5th October 2018 The mining sector remains a key economic contributor to the South African economy, where gross domestic product (GDP) from mining increased to R231 638,37 million in Q2 2018. That said, it is also one of the toughest industrialised working environments.   Driven by a constant need to maximise on... 

Charter continues expropriation of investor returns – Paul Miller

By: Nadine James     5th October 2018 Mining Charter 3 has continued its predecessor’s trajectory of setting a “progressive creeping expropriation of investor returns”, CCP 12J Fund MD Paul Miller told delegates at the Joburg Indaba this week. He noted that South Africa had always relied on attracting foreign capital, adding that the... 

New application to assist in selecting correct screening systems

By: Donald Makhafola     5th October 2018 Global project management and manufacturing solutions company Trelleborg’s  applied technologies operation launched the Scandura aperture size selector application (Scandura app) in May. The app is designed to support Scandura screening systems, which are used to classify and screen materials... 

Contact-free skirting for conveyors on offer

By: Halima Frost     5th October 2018 South Africa-based equipment supplier BLTWORLD has added the contact-free AirScrape conveyor belt skirting system – introduced to the South African market in the second quarter of this year – to its bulk handling systems catalogue. The system has been designed and manufactured by materials... 

MTN, partner developing IoT solution for local mines

By: Natasha Odendaal     5th October 2018 Telecommunications giant MTN Business has teamed up with Digital Twin Mine Management to develop a home-grown hybrid Internet of Things (IoT) solution for South African mines. The solution aims to leverage multiple platforms in the IoT ecosystem to improve health and safety and enhance the... 

International investment in South Africa’s mining industry lagging  

By: Marleny Arnoldi     4th October 2018 Although international mining funds are choosing to invest in other jurisdictions, rather than in South Africa’s mining sector, there is still hope for the local mining sector, Anglo American nonexecutive director and Joburg Indaba international investment panel chair Jim Rutherford said on... 

Metso to deliver beneficiation solutions for potash industry in Belarus

4th October 2018 Metso has won orders to deliver dewatering solutions to a customer developing greenfield and brownfield potash projects in Belarus. Metso's deliveries consist of inclined plate settler (IPS) units used for thickening in different applications. The orders are booked in Metso's third-quarter 2018... 

Zero water usage mines - more than (just) an aspiration

4th October 2018 Darryl Macdougall, Managing Director, Verder Pumps South Africa The mining sector remains a key economic contributor to the South African economy, where gross domestic product (GDP) from mining increased to R231 638,37 million in Q2 2018. That said, it is also one of the toughest industrialised... 

Technical study sets RHA underground mine restart costs at $1.06m

By: Creamer Media Reporter      3rd October 2018 It will cost about $1.06-million to bring Aim-listed Premier African Minerals’ 49%-owned RHA underground tungsten mine, in Zimbabwe, back into production. The mine was put under care and maintenance late in 2017 amid cash flow constraints. 

Peabody reports good news in Queensland

By: Esmarie Iannucci     3rd October 2018 Coal miner Peabody Energy on Wednesday reported that the initial steps to extinguish the fire at its North Goonyella mine, in Queensland, appeared to be delivering results, with either steam or white smoke emanating from only one mine shaft. The company at the start of this week started... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Close