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Power generation now a ‘major focus’ for mines as fuel costs soar

By: Anine Vermeulen Owing to the increasing cost of conventional fuels in the mining industry such as diesel, power generation is becoming a major focus for mining companies, says renewable-energy solutions company MCD director Manuel Duggal. MCD recently designed and supervised the installation of a new heavy fuel... 

Altaaqa Global Opens East Africa Office

The new Nairobi office will serve as a hub for Altaaqa Global’s sales and operations in the East Africa region Dubai-based Altaaqa Global CAT Rental Power, a global provider of temporary power solutions, has recently opened a branch in Nairobi, Kenya to serve the East Africa territory. The office... 

Infrastructure projects will increase future copper production

By: Zandile Mavuso The disruption in copper production in Central Africa over the past two years – the result of power failures, owing to the lack of infrastructure in the Copperbelt – has led to the construction of power plants in the Democratic Republic of Congo (DRC) and Zambia, says research and consulting... 

Randgold profit up 80% despite 3% drop in gold price

By: Leandi Kolver Africa-focused miner Randgold Resources’ profit increased by 80% quarter-on-quarter to $97.5-million during the three months ended September, despite a 3% drop in the average gold price, owing to strong performance at its flagship Loulo-Gounkoto complex in Mali. However, the drop in the average... 

Expanding Kinross Gold’s Mauritania mine to cost $2.7bn

By: Henry Lazenby Canadian gold miner Kinross Gold on Monday released results of a prefeasibility study (PFS) to expand its Tasiast gold mine, in Mauritania, by adding a 38 000 t/d mill at a cost of about $2.7-billion. Kinross said the PFS was based on constructing a new 30 000 t/d mill at Tasiast using heavy fuel... 

Federal government backs Gove plans

By: Esmarie Swanepoel Federal Resources and Energy Minister Martin Ferguson gave reassurances this week that the government was committed to assisting mining giant Rio Tinto keep its Gove alumina refinery, in the Northern Territory, operational. The refinery found itself on shaky ground at the end of last year, as a... 

Engen to meet big portion of Moz mining projects’ 300Mℓ/y fuel demand

By: Natalie Greve Engen Mozambique has been awarded a significant share of commercial tenders as major new mining projects come on-stream in Mozambique, which, collectively, are expected to consume up to 300-million litres of diesel a year and five-million litres of lubricants a year by 2015. 

Company Announcement: Featuring 3Legs Res, Tower Res and EMED Mining

Saints & Sinners 
 
Oil & Gas 3Legs Resources (LON:3LEG) jumped 14% to 72p before lunch on decent volume. Possibly these are playing catch up to the recent run in San Leon, who are drilling nearby in Poland, or possibly the market is getting ready for an update on 3Legs own drilling campaign.... 

First Uranium plans $124m acid plant to lower costs

By: Matthew Hill Uranium development company First Uranium said on Monday that it would invest an estimated $124-million in a sulphuric acid plant on the West Rand, to shield itself from a global shortage and surging prices. It would build the plant over the next 19 months at its Mine Waste Solutions (MWS)... 

Eastplats to boost power-generation capacity

Vancouver-based platinum-miner Eastern Platinum (Eastplats) has secured the rights to buy four power generators with a combined capacity of 23,2 MW of power, the firm said. The generators, which were driven by engines that could run on diesel or heavy fuel oil, would ensure that Eastplats could... 

Essakane gold project, Burkina Faso

By: Sheila Barradas The Essakane project currently hosts the largest known gold resource in Burkina Faso. 

Rail link to Mmamabula coal site in Botswana being studied

By: Christy van der Merwe Toronto and Botswana stock exchange listed CIC Energy Corp together with London and New York Stock Exchange listed International Power are currently conducting feasibility studies into the construction of a 25 km rail spur linking the main north�south Botswana railway line, to the Mmamabula... 

Power incentive extended to $2,7bn Coega aluminium project locks in market-development and pricing commitment

By: Terence Creamer Aluminium is often described as 'congealed electricity' for the simple reason that, while a number of other raw materials (including refined alumina, petroleum coke, liquid pitch, aluminium fluoride and heavy fuel oil) are used in its production, well-priced electricity makes or breaks the... 

Power incentive extended to $2,7bn Coega aluminium project locks in market-development and pricing commitment

By: Terence Creamer Aluminium is often described as ‘congealed electricity’ for the simple reason that, while a number of other rawmaterials (including refinedalumina, petroleum coke, liquid pitch, aluminium fluoride and heavy fuel oil) are used in its production, well-priced electricity makes or breaks... 

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