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Poseidon launches Black Swan refurb

By: Esmarie Iannucci     Updated 56 minutes ago ASX-listed Poseidon Nickel has started the refurbishment of its Silver Swan decline, in Western Australia. The underground refurbishment of the Silver Swan decline will entail the upgrading of ground support, repair of the southern ventilation surface infrastructure, inspection of the northern... 

Menar’s Canyon offers Eskom cheaper coal on open-book basis  

By: Martin Creamer     19th March 2019 Coal mining company Canyon Coal, a Menar group company, is prepared to offer coal to State-owned electricity utility Eskom at a cheaper price on an open-book basis from two new projects. The Menar group, which does not supply coal to Eskom at present, employs 3 500 people on a R7-billion asset... 

Kalium Lakes secures debt funding for Beyondie

By: Esmarie Iannucci     19th March 2019 Potash developer Kalium Lakes has secured A$102-million in debt funding for its Beyondie sulphate of potash (SoP) project, in Western Australia. The company on Tuesday told shareholders that it has signed a non-binding term sheet with German bank KfW IPEX-Bank to provide the senior debt funding... 

Winmar buy gets back-up

By: Esmarie Iannucci     19th March 2019 An independent valuation of the Luapula processing facility, in the Democratic Republic of Congo, has estimated an asset value of more than $33.3-million, on an as-is basis. Cobalt hopeful Winmar Resources last year struck a deal with African Holding Investment Company to acquire a 50% interest... 

Alrosa wants controlling stake to mine in Zimbabwe

By: Reuters     18th March 2019 Russian State-controlled miner Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief executive said on Monday. Zimbabwe is seeking to attract investment and has... 

Power station for Tanami mine completed – Newmont

By: Creamer Media Reporter      15th March 2019 The $245-milion power station project for Newmont Mining’s Tanami gold mine, in Australia, has been completed, the US-based gold and copper major reported on Friday. The project entailed the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.... 

Amplats donates 270 ha of land to support land reform 

By: Nadine James     15th March 2019 Anglo American Platinum (Amplats) on Friday handed over 270 ha of land, worth about R26-million, to the Rustenburg local municipality and the Rustenburg Alchemy Development Trust to support sustainable land reform and transformation. Parent company Anglo American said the donation, which followed... 

Driving the future of autonomous vehicles

15th March 2019 Anton Potapov, CTO at VIST Group (subsidiary of ZYFRA Group). With the rapid development in various industries and increasing industrialization, numerous vehicles are being designed to meet the need of the new mode of production. According to a recent reports the global industrial vehicles market... 

India’s Shipping Ministry unveils guidelines of LNG FSRU at all major ports

By: Ajoy K Das     15th March 2019 India’s Shipping Ministry has drawn up guidelines for setting up floating storage regasification units (FSRU) for liquefied natural gas (LNG) at all major ports in the country. The new guidelines aim to promote a shift from land-based LNG storage terminals to offshore units, as the latter cost... 

Contractor building infrastructure at Belfast mine

15th March 2019 Construction contractor Concor Infrastructure has been awarded the job of building dams, roads, platforms and other civil works at diversified miner Exxaro’s new digital coal mine near Belfast, in Mpumalanga. Concor Infrastructure is constructing four major dams, 26 concrete platforms and... 

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