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Duterte coal tax will make costly Philippines power even pricier

By: Bloomberg     14th December 2017 Electricity prices in the Philippines, already among the highest in Southeast Asia, will probably rise after President Rodrigo Duterte signs legislation next week boosting taxes on coal, the nation’s main fuel for power plants. Semirara Mining and Power, a power generator that’s also the... 

Vale cuts nickel output but is positive on long-term demand

By: Reuters     7th December 2017 Brazilian miner Vale dialled back its nickel output forecasts for the next five years on Wednesday, although the world's top producer of the metal praised its longer term prospects on likely soaring demand for electric cars. Vale cut its nickel output estimate by 15% to 263 000 t next year and... 

Harmony Gold spells out value of Moab investment

By: Martin Creamer     6th December 2017 The acquisition of the Moab Khotsong gold mine represents a significant list of advantages for Harmony Gold, the company outlined in an investor brief on Wednesday. The Johannesburg Stock Exchange-listed gold mining company calculates that inclusion of the Moab Khotsong operations the company... 

Chairlift system to augment safety at Orkney mine

By: Tasneem Bulbulia     1st December 2017 A 180-m-long, footwall-mounted chairlift system will be installed at gold miner Tau Lekoa Gold Mining Company’s mine near Orkney, in the North West, in January to assist the mine with daily operations and enhance its safety. Energy distribution, automation, communication, transportation and roof... 

Germany's respite for coal may end as talks resume with Merkel

By: Bloomberg     26th November 2017 The future of Germany’s coal industry is moving back into the spotlight as Chancellor Angela Merkel restarts talks on forming a new coalition government, with pressure building for stricter limits on the most polluting fuels. Two months after national elections, discussions aimed at forging a... 

CGM, Transition Metals join forces to speed up exploration at newly acquired DeSantis project

By: Henry Lazenby     25th November 2017 Privately held explorer Canadian Gold Miner (CGM) and project generator Transition Metals have teamed up to accelerate exploration of the DeSantis gold project, in the Timmins Gold Camp, Ontario, which the companies acquired from Osisko Mining. CGM, which is 40%-owned by Transition, also acquired... 

‘Mining’ the most out of OTR tyres with NitraLife’s nitrogen filling: improved safety, better inflation and less ‘hot air’

     24th November 2017 Today, in the mining industry, safety standards are more stringent than ever. Should a mine experience an incident, which results in an injury or even a fatality, the subsequent legal consequences and financial penalties can be severe. A potential risk in open-pit mines concerns the ultra-large... 

Altus to acquire Legend Gold

By: Anine Kilian     21st November 2017 Aim-listed Altus Strategies has executed a definitive binding agreement to acquire TSX-V-listed Legend Gold, which holds a portfolio of prospective gold exploration projects in western and southern Mali. It has offered Legend shareholders three of its shares for every Legend share held. 

Gowest aims to unlock refractory gold potential of legendary Timmins Camp

By: Henry Lazenby     14th November 2017 Little-known exploration and development company Gowest Gold is preparing to become the newest gold producer in the legendary Timmins Gold Camp, which, since its discovery in the early 1900s, has produced almost half of all the gold mined in Canada. The TSX-V-listed company is moving its North... 

Caterpillar selected to help install solar PV system for Otjikoto

     10th November 2017 Gold producer B2Gold has selected capital equipment giant Caterpillar (Cat) and global industrial company Barloworld to install a solar photovoltaic (PV) system at Otjikoto mine, Namibia, which will provide 7 MW of solar power to the mine. “For many years, B2Gold has relied on dependable,... 

Altus Strategies gets go ahead for Liberia exploration

By: Megan van Wyngaardt     7th November 2017 Africa-focused exploration project generator Altus Strategies has been granted an exploration licence over the 732 km2 Zolowo project, in the Lofa county of north-western Liberia. The licence targets Archaean greenstone-hosted gold deposits and contains numerous and extensive artisanal alluvial... 

CoAL considers name change, secures approval for Makhado Lite strategy

By: Natasha Odendaal     27th October 2017 Triple-listed Coal of Africa Limited (CoAL) is reviewing potential second cash generator prospects, the disposal of further noncore assets and a rationalisation of the bourses on which it is listed as it continues restructuring its balance sheet. This followed the acquisition of the Uitkomst... 

Predictive raises cash for African exploration

By: Esmarie Swanepoel     26th October 2017 ASX-listed Predictive Discovery has announced an 8-for-21 renounceable rights issue aimed at raising some A$2.6-million. The rights issue will be undertaken at a price of 4.2c a share, which represented a discount of 34% to Predictive’s 30-day volume weighted average share price. 

CoAL settles major liabilities, transitions into coal producer in 'extremely positive year'

By: Mia Breytenbach     13th October 2017 Following an “extremely positive and transformational year” in which South Africa-focused Coal of Africa Limited (CoAL) achieved significant milestones, such as settling significant liabilities and transitioning into a coal producer with the acquisition of the cash-generative Uitkomst colliery,... 

Alphamin's Bisie mine on track for 2019 production

By: Natasha Odendaal     12th October 2017 Despite facing significant social, political and geographical challenges, emerging miner Alphamin Resources is on track to deliver on the first large commercial tin mine in the eastern Democratic Republic of Congo (DRC). Against a backdrop of historical political upheaval, rent-seeking, an... 

Altus sets out intention to buy Legend Gold

By: Ilan Solomons     11th October 2017 Africa-focused exploration project generator Altus Strategies has signed a nonbinding letter of intent to buy gold exploration company Legend Gold Corp – a TSX-V-listed company with a portfolio of gold projects in Mali. Aim-listed Altus plans to acquire a 100% interest in Legend and is offering... 

Adani signs PPA over Rugby Run solar plant

By: Esmarie Swanepoel     10th October 2017 Indian major Adani has signed a power purchase agreement (PPA) over its planned Rugby Run solar plant, in Queensland. The 65 MW first stage of the solar plant is expected to cost more than A$100-million to complete, and will be built on a 600-ha block that is part of the Rugby Run grazing property. 

Wheatstone marks milestone with first LNG production

By: Esmarie Swanepoel     9th October 2017 The $34-billion Wheatstone liquefied natural gas (LNG) project, in Western Australia, has produced its first product, with first shipments targeted in the coming weeks. "First LNG production is a significant milestone and is a credit to our partners, contractors and the many thousands of people... 

South Africa’s mining companies return to profitability, but sustainability remains a concern

By: Natasha Odendaal     29th September 2017 Despite wading through what is being dubbed the year of regulatory conflict, South Africa’s mining industry in 2017 has seen a turnaround in financial performance and the first substantial increase in revenue in five years, the latest PwC SA Mine report has shown. Spot price increases for bulk... 

CoAL seeks greater self-sufficiency after transformational FY17

By: Mia Breytenbach     29th September 2017 Following an “extremely positive and transformational year” in which South Africa-focused Coal of Africa Limited (CoAL) achieved significant milestones, such as the settlement of significant liabilities and transitioning into a coal producer with the acquisition of the cash-generative Uitkomst... 

Golden Grove mine, Australia

By: Thabi Madiba     29th September 2017 A base metals mine in Western Australia, about 450 km north-east of Perth and 280 km east of Geraldton. 

Surge in fuel cell demand would aid platinum’s future

By: Simone Liedtke     22nd September 2017 As a means of promoting beneficiation, South African Chamber of Mines (CoM) administration head Jeannette Hofsajer says the platinum-based fuel cell installed at its offices is just the start in a potentially vast surge in demand for fuel cell units, which would positively impact on the platinum... 

AngloGold announces potential disposal of lossmaking Kopanang

By: Martin Creamer     15th September 2017 A memorandum of understanding (MoU) has been signed with a selected party which could result in a sale agreement involving the disposal of the 36-year-old, lossmaking Kopanang gold mine. AngloGold Ashanti said in a media release to Creamer Media’s Mining Weekly Online on Friday that unsolicited... 

Predictive and Progress team up in Burkina Faso

By: Esmarie Swanepoel     15th September 2017 ASX-listed junior Predictive Discovery has signed a joint venture (JV) agreement with Canada’s Progress Minerals over its exploration permits in Burkina Faso. Predictive’s current tenement holdings in Burkina Faso cover some 100 km of strike length on the Samira Hill greenstone belt, with the... 

Nitrogen generator offers Zambian mines extended tyre life

By: Simone Liedtke     15th September 2017 There are several opencast mines on the Copperbelt in Zambia using large haul trucks to transport ore from the pit for crushing and processing, and extending the life of tyres plays a significant role in cutting costs and improving production, says on-site nitrogen gas generator supplier NitraLife. 

Heavy industries equipment supplier adapts to stay relevant

By: Nica Schreuder     1st September 2017 Botswana’s decision to diversify its economy away from diamond mining towards coal resources and base metal beneficiation should prompt businesses to adapt to service the changing needs of the market to remain relevant, emphasises global supplier and manufacturer of special mobile equipment for... 

Barloworld to install 7 MW solar power installation at Namibia mine

By: Anine Kilian     28th August 2017 Gold producer B2Gold has appointed Caterpillar and Cat dealer Barloworld to supply a 7 MW solar power plant at the Otjikoto mine, in Namibia. The full system, including Cat photovoltaic (PV) solar modules and the Cat microgrid master controller (MMC), will be used to reduce reliance on a heavy... 

Concern raised over lack of support for coal roadmap 

By: David Oliveira     25th August 2017 Since the release in July 2013 of the South African Coal Roadmap (SACRM), there has been no impetus by government or coal miners to implement any of its recommendations. The SACRM was developed with a view to identifying possible scenarios that may impact on the coal industry, particularly in... 

Rental generators bridging solution for African mines

By: Robyn Wilkinson     25th August 2017 Energy solutions provider Aksa Power Generation expects a high demand in Africa, especially sub-Saharan Africa, for its new range of generators, as the mining industry begins to show signs of recovery and companies look to expand their operations in remote areas. 

Elegen

     25th August 2017 Edenvale-based original-equipment manufacturer Elegen has grown to be one of Africa’s largest generator manufacturer and suppliers, and has complemented its power-generation offering with the launch of its mobile pneumatic light-emitting diode (LED) lighting tower. This lighting tower has been... 

Concern raised over lack of support for coal roadmap

By: David Oliveira     25th August 2017 After being released in July 2013, the South African Coal Roadmap (SACRM) has suffered the fate of which it warned industry, effectively ‘falling off a cliff’, with there having been no impetus by government or coal miners to implement any of the study’s recommendations. The SACRM was developed... 

Vibrant future planned for remaining South African mines – AngloGold 

By: Martin Creamer     22nd August 2017 The removal of loss-making ounces from old mines will result in a vibrant and sustaining future for the remaining long-life operations in AngloGold Ashanti's South African region, which is at the receiving end of $200-million worth of capital expenditure (capex). In outlining this to Creamer... 

New booklet outlines measures to turn mine enviro hazards into jobs generator

By: Ilan Solomons     4th August 2017 Environmental watchdog Federation for Sustainable Environment (FSE) has proposed the establishment of a pilot project to address the waste and pollution legacy of mining in the Witwatersrand basin, with a clear linkage between the potential for revenue generation through materials reclamation and... 

Glencore asks Australia to focus on economy before climate deal

By: Bloomberg     2nd August 2017 Australia may need to consider delaying its goals to combat global climate change in order to prioritise energy security and economic prosperity, according to a senior executive at Glencore. The country’s emerging energy crisis, in conjunction with government-imposed clean-energy targets, has... 

Silver Lake reports strong production performance

By: Mariaan Webb     21st July 2017 Gold miner Silver Lake lifted its June quarter gold production by 37% quarter-on-quarter to 46 393 oz, taking full-year output to 148 244 oz – a 5% improvement on the previous year’s production performance. The company, which mines gold in the Mount Monger region of Western Australia, sold 37... 

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... 

Transition Metals options BC-based Homathko gold project to Shamrock Enterprises

By: Henry Lazenby     7th July 2017 Project generator Transition Metals has optioned its Homathko project, in British Columbia, to junior mining company Shamrock Enterprises. According to information provided by Transition, the property hosts high-grade gold occurrences and consists of staked claims covering 2 986 ha, which are... 

North American Palladium secures option on Transition Metals’ Sunday Lake discovery

By: Henry Lazenby     22nd June 2017 Pure play palladium producer North American Palladium (NAP) has signed a definitive option agreement with project generator Transition Metals and its joint venture (JV) partner Impala Platinum (Implats) to earn up to a 75% stake in the Sunday Lake project, located near Thunder Bay, Ontario. The... 

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