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Heavy Fuel Oil

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

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...
8th August 2014
Company Announcement

Altaaqa Global Opens East Africa Office PDF Available

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,...
16th April 2014

Infrastructure projects will increase future copper production

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...
6th December 2013

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

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...
7th November 2013

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

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...
29th April 2013

Federal government backs Gove plans

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...
21st March 2013

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

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...
14th September 2012

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

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...
17th February 2012

Barge-mounted power plant, Papua New Guinea Restricted

The project involves the supply of a barge-mounted power plant to serve the Lihir Island gold mine.
16th October 2009

First Uranium plans $124m acid plant to lower costs

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...
21st April 2008

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...
14th April 2008
Projects Update

Essakane gold project, Burkina Faso

The Essakane project currently hosts the largest known gold resource in Burkina Faso.
12th October 2007
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