South African companies pursuing ironclad Canadian opportunities

Two South African companies are pursuing iron opportunities in Canada, the one the JSE-listed Petmin and the other the lesser known unlisted Iron Mineral Beneficiation Services (IMBS), which got under way with the help of initial private equity...

Resources Watch

This week: South Africa may turn to the private sector for help with mine-water pollution. Petmin mulls a TSX listing for its low-cost pig iron venture. And, greater intervention is needed to tackle acid mine drainage.

Second Take: Petmin mulls TSX-listing

Creamer Media's Shannon de Ryhove speaks to Mining Weekly editor Martin Creamer about steel-feed mining company Petmin's iron sands project in Labrador, Canada.

Petmin mulling TSX listing for low-cost pig iron venture

JSE and Aim-listed steel-feed mining company Petmin is targeting the production of the lowest cost pig iron “on the planet” at its jointly controlled North Atlantic Iron Corporation (NAIC) iron sands project in Canada's Labrador province....

Petmin says ready for local, international growth

JSE-listed diversified miner Petmin on Monday reported profit of R47-million for the six months ended December 31, following a period of significant capital investment in its flagship Somkhele metallurgical anthracite mine, in KwaZulu-Natal, and...

Petmin signs export contract with Grindrod

JSE-listed Petmin has signed a five-year agreement to export up to 600 000 t/y of metallurgical anthracite from Grindrod’s Kusasa dry bulk terminal in Richards Bay, KwaZulu-Natal. The agreement, which is effective from February 1, allocates 45...

Petmin sells Delmas silica mine for R259m

JOHANNESBURG (miningweekly.com) − Multicommodity mining company Petmin has sold its SamQuarz silica mine, near Delmas, Mpumalanga, to a subsidiary of Spain’s Grupo FerroAtlantica for R259-million in cash, the JSE- and Aim-listed company...

S Africa’s Petmin to invest $25m in Canadian iron sands JV

South African diversified miner Petmin plans to increase its stake in a Canadian iron sands and pig iron joint venture (JV) project by a further 40% through a $25-million investment, the JSE- and Aim-listed miner announced on Wednesday. This...

Petmin sells Delmas silica mine for R259m

Multicommodity mining company Petmin has sold its SamQuarz silica mine, near Delmas, Mpumalanga, to a subsidiary of Spain’s Grupo FerroAtlantica for R259-million in cash, the JSE- and Aim-listed company announced on Tuesday. Petmin, which...

Petmin partner reports positive results at Turkey copper project

South Africa-based miner Petmin, which recently bought a stake in Red Crescent Resources’ (RCR's) Sivas copper project in Turkey, said that exploration and analysis at the project confirmed the presence of strong mineralisation in the area....

Somkhele mine expansion to double output

Anthracite producer Petmin is currently expanding its Somkhele mine, to double current saleable anthracite production to about 1.1-million tons a year.

Petmin raises stake in Liberia iron-ore prospect to 50%, vows to intensify exploration

South African diversified miner, Petmin, which has a listed strategy of targeting commodities that are infrastructure related, has reported that the company is ready to intensify its exploration programmes at the Mount Ginka iron-ore project, in...