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Petropavlovsk says IRC facility refinanced

By: Simone Liedtke     15th February 2019 Russian miner Petropavlovsk announced on Friday that it had reached an important step in concluding the refinancing of a $240-million facility that Hong Kong-based IRC, in which it is a large shareholder, has with the Industrial and Commercial Bank of China (ICBC). Petropavlovsk is the guarantor... 

Reatile acquires 37.54% stake in Pragma Holdings

15th February 2019 The Reatile Group, an investment holding company, has acquired a 37.54% stake in Pragma, one of SA’s leading enterprise asset and facilities management companies. This move enhances Pragma’s potential international growth, while accelerating the organisation’s transformation agenda. “I’ve been... 

Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress

By: Paige Müller     15th February 2019 Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path.... 

Economic climate poses threat to effective project management

By: Thabi Madiba     15th February 2019 Although there is much room for growth and the implementation of effective project management tools in mines across Africa, the current global economic climate has led companies to refrain from investing in project management software, says mining software solutions provider CCS Mining &... 

Lindiwe Nakedi

By: Martin Creamer     15th February 2019 This week Mining Weekly features Lindiwe Nakedi, the MD of Gubhani Exploration, a company that provices surface exploration diamond drilling and geotechnical drilling and investigation services 

Re-evaluation of SA’s mineral beneficiation strategy urged amid slow progress

By: Paige Müller     15th February 2019 Amid slow progress in realising South Africa’s mineral beneficiation strategy – as set out in the Department of Mineral Resources (DMR) 2011 policy document – mining industry participants, analysts and experts are re-evaluating the feasibility of mineral beneficiation as a growth trajectory path.... 

Large New Tomra X-ray Sorter A Game Changer For Mineral Processing

15th February 2019 The contribution of X-ray ore sorting to the efficiency of mineral processing is growing, and TOMRA’s new COM XRT 2.0 sorters are taking the value added by this technology to another level. This upgraded model features higher belt speed and throughput, which translate directly into increased... 

Local manufacturers to benefit from Mining Charter 3's implementation 

By: Nadine James     14th February 2019 Mining Charter 3 and its Implementation Guidelines have created an environment where it is possible for local manufacturers to leverage procurement capacity to drive transformation, Department of Mineral Resources representative Xolile Mbonambi said at a breakfast held at the Industrial... 

Complex heavy industrial demolition - from mining to power generation

14th February 2019 From mining facilities to the automotive, chemical and pharmaceutical, petrochemical, power generation, and steel and glass industries, Jet Demolition has both the expertise and equipment to undertake complex heavy industrial demolition projects. The company’s range of services extends beyond... 

Barrick advancing autonomous gold production – Bristow 

By: Martin Creamer     14th February 2019 Autonomous production systems and projects are being advanced across Barrick Gold as the group focuses on boosting mining efficiency, new Barrick president and CEO Dr Mark Bristow tells Mining Weekly Online. This is part of an all-out drive by Bristow to ensure that Barrick, into which Randgold... 

Norway gives go-ahead to disputed Arctic copper mine

By: Reuters     14th February 2019 Norway's government approved on Thursday the building of a copper mine near Europe's northernmost point despite years of opposition from indigenous Sami herders and fishermen. "The mining project will strengthen the industrial base in the north," Industry Minister Torbjoern Roe Isaksen of the... 

Serabi off to a good start with January production of 3 671 oz

By: Marleny Arnoldi     13th February 2019 Aim- and TSX-listed Serabi Gold has set its 2019 production guidance at between 40 000 oz and 44 000 oz, with 3 671 oz already produced in January. CEO Mike Hodgson said in a statement on Wednesday that the step up from the production levels achieved in 2017 and 2018 will be driven by improved... 

Mining for coal still has a place in the power mix

12th February 2019 Wayne Lindecke, Director: Power Generation, WSP in Africa During the recent Investing in African Mining Indaba, concerns were noted on the impact that the move towards a ‘greener economy’ would have on coal mining – and, for base-load power production. However, coal mining and power production... 

Cobalt's price crash bottoming out, stocks to hinder quick rally

By: Reuters     12th February 2019 Cobalt's near year-long price slide is finally coming to an end, but high inventories of the battery metal will stop prices quickly re-claiming 2018's 10-year highs. London Metal Exchange prices have crashed to two-year lows of $32 000/t compared with levels near $100 000 in the first half of 2018. 

Stemming slow progress in science & tech requires encouragement

11th February 2019 In an era where South African women have become increasingly prominent in medicine, law and business, why are there so few women scientists and engineers?  Encouragement vs. acumen seems to be the key to speeding up the take-up of careers in science, technology, engineering and maths (STEM). In... 

Codelco part-suspends operations amid heavy rain

By: Reuters     8th February 2019 Chilean State miner Codelco said on Friday heavy rains had forced suspension of operations at its northern copper mines Chuquicamata and Ministro Hales. Codelco said it had sent its daytime shift of workers home as a preventative measure and would evaluate whether to cancel its night shift as well. 

AMM Congress upgrade: Discussions, networking, hackathon

8th February 2019 In summer 2019 Astana will once again become a central platform to discuss topical issues of the mining industry - on June 12-13 the Anniversary Astana Mining&Metallurgy (AMM) Congress will be held in an entirely new format.  The Hilton Astana Hotel present in the territory of the EXPO-2017... 

Demand for impeller, agitator tech in DRC increasing

By: Jessica Oosthuizen     8th February 2019 Demand for more effective and efficient impeller and agitator technology is on a dramatic upward trend in the Democratic Republic of the Congo (DRC), says industrial agitator and mixer manufacturer Mixtec sales and projects manager Rudi Swanepoel. He notes that the company sees a significant... 

New graphite factory bolsters mining, foundry product offerings

By: Schalk Burger     7th February 2019 A new graphite facility, Graphite Freezeline Solutions, was opened last month on industrial engineering firm Thos Begbie’s manufacturing campus, in Middelburg. It will reduce the time to manufacture products that include graphite components, especially for the mining and foundry industry, says... 

Rustenburg Mining & Industrial Expo

7th February 2019 M.I.S International provides a Mining & Industrial Exhibition that brings new products to market with resounding success.  

Lesedi to assist Mozal in its aluminium expansion project

By: Kim Cloete     7th February 2019 South African engineering, procurement and construction (EPC) company Lesedi has recently been awarded a contract to assist South32’s Mozal aluminum plant in its expansion project. The $38-million AP3XLE energy efficiency project was approved in the third quarter of 2017 and started the rollout... 

Gold Fields anticipates lower FY18 HEPS

By: Tasneem Bulbulia     6th February 2019 Dual-listed Gold Fields expects its headline earnings per share (HEPS) for the 12 months ended December 31, 2018 to be 65% to 81% lower year-on-year at between $0.05 to $0.09. In a trading update published on Wednesday, the gold producer said its basic loss a share would widen to between $0.40 to... 

Junior mining fund under discussion – Minerals Council 

By: Martin Creamer     6th February 2019 A government-initiated fund for prospectors and developers is under discussion with the Public Investment Corporation and the Industrial Development Corporation, Minerals Council South Africa emerging mining head Grant Mitchell said on Wednesday. Speaking at a media conference at the Investment... 

Minerals Council’s national platinum strategy targets real potential 

By: Martin Creamer     6th February 2019 Minerals Council South Africa on Wednesday launched a national platinum strategy, which aims at sustaining a million jobs and contributing R8.2-trillion to South Africa’s economy by 2050. Speaking at a media conference at Investing in African Mining Indaba on Wednesday, Minerals Council CEO Roger... 

Institute forecasts better year for silver

By: Mariaan Webb     6th February 2019 Following a challenging year for silver, reflected in the muted price performance of 2018, the Silver Institute expects 2019 to be a better year for the metal and that prices will regain some shine. The Washington-based nonprofit industry association says it expects sentiment for the silver... 

Sanedi ready to support the mining industry in energy efficiency

By: Kim Cloete     6th February 2019 The mining sector has been encouraged to use more renewable energy and tighten up on energy efficiency, with the support of the South African National Energy Development Institute (Sanedi). Energy Minister Jeff Radebe said the mining industry would need innovative and novel solutions to reduce... 

Nersa to make Eskom tariff decision before March 15  

By: Terence Creamer     5th February 2019 The National Energy Regulator of South Africa (Nersa) says it will make a ruling on Eskom’s heavily contested revenue application before March 15, but has not committed to a firm date for the release of the determination. Full-time regulatory member Nomfundo Maseti, who chaired the marathon... 

SA mining is a sunrise industry – Ramaphosa 

By: African News Agency      5th February 2019 President Cyril Ramaphosa said on Tuesday that the mining industry in South Africa is not a sunset industry, rather it is a sunrise industry.  Speaking on the second day on the 25th annual Investing in African Mining Indaba in Cape Town, Ramaphosa said government recognised the important role... 

Lily mine could start recruiting new employees in March

By: African News Agency      5th February 2019 Siyakhula Sonke Empowerment Corporation (SSC), the new owners of the ill-fated Lily Mine in Mpumalanga, said on Tuesday that it would soon resume operations after the process of recruiting new employees started early this year. Tuesday marked the third anniversary of an accident at Lily Mine in... 

Eskom’s own survival at risk should big hikes be permitted, EIUG warns  

By: Terence Creamer     5th February 2019 The Energy Intensive User Group (EIUG) has added its voice to the overwhelming chorus of societal opposition to Eskom’s latest tariff submission, warning on Tuesday that above-inflation hikes would have “immediate, catastrophic and irreversible” consequences for South Africa’s mining and... 

Coal was Australia’s biggest export earner in 2018

By: Esmarie Iannucci     5th February 2019 New data from the Australian Bureau of Statistics (ABS) has revealed record exports from Australia in 2018, with resources earnings export revenues of some A$248-billion. This was the highest-ever annual export value and accounted for 72% of Australia’s goods exports. 

Partnerships central to the Investing in African Mining Indaba

By: Kim Cloete     4th February 2019 Mutually beneficial partnerships are at the heart of the Investing in African Mining Indaba, in Cape Town, this year, which has grown from a conference attended by a few hundred attendees to around 4 000 in its twenty-fifth anniversary year this year. “The mining industry is in a position to make... 

Finland's Keliber investigating equity financing options for lithium project

By: Creamer Media Reporter      4th February 2019 Finland’s Keliber has appointed Carnegie Investment Bank and Nordea Bank as advisers for the equity financing for the company’s mining and lithium chemical production project. The advisers will explore different financing options, including a potential initial public offering through a listing... 

South32’s South Africa Energy Coal expresses concern about Eskom’s fragile state 

By: Kim Cloete     4th February 2019 Mining and metals company South32 says it is concerned about the challenges that have increasingly threatened the stability of South African power utility Eskom and needs to ensure the continuity of supply of its coal to Eskom in the long run. South32’s South Africa Energy Coal (SAEC) company... 

Minerals Council Publishes Facts And Figures 2018 Pocketbook

4th February 2019 The Minerals Council South Africa today published the Facts and Figures 2018 pocketbook, which provides preliminary insights into the latest available trends across South Africa’s mining industry, during The State of the Mining Nation media briefing at Mining Indaba 20 In 2018, the mining industry: 

AfriTin discovers lithium occurrences at Namibia licence

By: Tasneem Bulbulia     4th February 2019 AfriTin Mining has discovered significant grades of lithium, in addition to tin, in pegmatites in the ML 133 licence, located in the Nainais area, near its Uis tin mine, in Namibia. Recent test work indicates that the most abundant lithium-bearing mineral present is petalite, with lesser... 

Minerals Council reports mining industry’s 2018 successes

By: Tasneem Bulbulia     4th February 2019 South Africa’s mining industry contributed R356-billion to the country’s gross domestic product (GDP) in 2018, an increase on the R335-billion contribution in 2017, the Minerals Council South Africa ‘Facts and Figures 2018 Pocketbook’ shows. The pocketbook, which was released on Monday during a... 

Mining 'walking into a brighter future' – Makwana  

By: Martin Creamer     4th February 2019 Mining was walking into a brighter future and the appetite for mining investment was strengthening, attendees of the Investing in African Mining Indaba heard on Monday. Opening the 25th consecutive Investing in African Mining Indaba Cape Town, attention was drawn to stepped up investment in... 

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