Uganda vermiculite mine to start production by end of first quarter

Australian mining junior Gulf Resources has announced that its subsidiary, East African Vermiculite (EAV) operation, is quickly moving towards recommissioning its pilot project and production is expected at the first quarter of 2010.

Emerging coal-miner secures rail, port allocations for budding coal projects

Emerging coal-miner Coal of Africa Limited (CoAL) has secured rail allocations with State-owned Transnet Freight Rail (TFR), a unit of South African logistics group Transnet, for rail services for the export of coal produced at its Vele, Makhado...

Coal of Africa says SA projects to start production within two years

ASX-listed coal producer Coal of Africa (CoAL) will still be able to bring its Mooiplaats thermal coal project and the Makhado and Vele coking coal projects, in South Africa, into production within the next two years, despite challenging global...

New manganese mine planned for Namibia

JSE-listed shipping and logistics group Grindrod, which announced the acquisition of the remaining 50% in Oreport on Tuesday, said that the company had partnered with Eramet to develop a manganese mine, in Nambia. Grindrod said in a media...

Vale plans to sell $15bn of shares to fund projects, acquisitions

Brazilian resources and logistics group Companhia Vale do Rio Doce (Vale) plans to sell common and preferred class A shares in the company worth as much as $15-billion, the company said on Tuesday.

Surface mining equipment giant gets bigger

The African dealer of the world’s third-largest construction and surface-mining equipment supplier, Terex Corporation, has found a renewed foothold in the Southern African industrial market. Terex Africa has greatly enlarged its boundaries...

PE manganese terminal’s loading capacity being increased to 4,2mt/y

State-owned transport and logistics group Transnet has awarded ELB Engineering Services the contract to manage, procure and install modifications to material-handling equipment at the Port Elizabeth Manganese Terminal.

Vale sees potential to double output at Goro nickel project

Brazilian resources and logistics group Companhia Vale do Rio Doce believes there is a potential for an expansion to double the capacity at its 60 000 t/y Goro nickel project, in New Caledonia, investor relations director Roberto Castello Branco...

Vale output sets new records, but profit falls on nickel prices, derivatives loss

Brazilian resources and logistics group Companhia Vale do Rio Doce shipped record levels of iron-ore, pellets, aluminium, alumina, cobalt and platinum group metals in the first quarter of 2008, but posted net earnings of $2,02-billion for the...

Vale names Tito Martins to head nonferrous minerals, energy units

Brazilian mining and logistics group Companhia Vale do Rio Doce (Vale) has appointed Tito Martins as executive director of nonferrous minerals and energy, and Demian Fiocca as executive director for management and sustainability, the company said...

Vale gets loan from Brazilian development bank

Brazilian mining and logistics group Companhia Vale do Rio Doce, which last month ended talks to buy diversified miner Xstrata Resources, has been granted a 7,3-billion-real credit facility from the Brazilian National Development Bank (BNDES).

Vale may build aluminium smelter in Colombia

Brazilian mining, energy and logistics group Campanhia Vale do Rio Doce (Vale) has studied power generation projects in Colombia to potentially supply energy to an aluminium smelter, but has not made any decisions regarding investment in the country.