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New Brunswick to help Arianne fund study for phosphoric acid plant

By: Creamer Media Reporter      10th August 2018 The province of New Brunswick has partnered with Arianne Phosphate –the developer of the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region – to study the feasibility of building a phosphoric acid plant in Belledune, the development-stage phosphate mining company announced this week.... 

Rio Tinto considers float of Canadian iron-ore business

By: Reuters     10th August 2018 Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business, banking and industry sources said, as it focuses on boosting revenue from its flagship Australian assets. Iron-ore, which accounts for most of Rio's profit and... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

Fibre optics punted for pipeline monitoring amid major spills in mining and other sectors

By: Nadine James     10th August 2018 Fibre optics were invented to carry huge amounts of voice data over long distances very efficiently, but advancements in optical technology have enabled the use of specialised fibre optic cables as sensors with the ability to measure parameters such as acoustic energy, temperature, strain, and... 

Altura walks away from takeover talks

By: Esmarie Swanepoel     9th August 2018 The share price of ASX-listed Altura Mining climbed by more than 5.5% on Thursday on news that the company had walked away from a potential control transaction. Altura in March confirmed speculation that it was in discussions with Shaanxi J&R Optimum Energy Company regarding a potential control... 

AFC welcomes completion of, first shipment from Guinea bauxite mine

By: Nadine James     8th August 2018 Infrastructure development finance institution Africa Finance Corporation (AFC) on Wednesday announced the on time completion of the Bel Air mine, in Guinea, and its first shipment of high-grade bauxite to China.  The construction of the mine was completed on time and within budget.  

Omagh processing plant starts operating

By: Creamer Media Reporter      8th August 2018 The recently upgraded processing plant at the Omagh gold mine has started operating, using feed from the underground development of the Kearney gold vein, Toronto- and London-listed Galantas Gold reported on Wednesday. The processing plant is expected to operate part time until production... 

Haulage starts at Altura's mine

By: Esmarie Swanepoel     8th August 2018 First lithium concentrate from ASX-listed Altura Mining’s lithium mine has been hauled to Port Hedland, ahead of first shipments. “MD James Brown said on Wednesday that the start of haulage was another important step for the company. 

Advisian quickly becoming an advisor of choice in transport and master planning

By: Creamer Media Reporter      7th August 2018 Transport infrastructure is a primary driver for expanding trade and sustainable development throughout the EMEA region. This is particularly the case in the SSA (sub-Saharan African) and MENA (Middle East and North Africa) regions, where the integration of transport infrastructure with new... 

Updated study increases Frieda River mine life, production forecast

By: Esmarie Swanepoel     6th August 2018 The Frieda River copper/gold project, in Papua New Guinea, could produce more copper and gold over a longer period than previously thought, ASX-listed Highlands Pacific reported on Monday. Highlands, which owns a 20% interest in the joint venture (JV) project, told shareholders that partner... 

Great Australian Bight holds a treasure trove for South Australia

By: Esmarie Swanepoel     6th August 2018 A new study by the Australian Petroleum Production and Exploration Association (Appea) has found that successful oil exploration in the Great Australian Bight could see the creation of more than 2 000 jobs in South Australia and generate over A$7-billion a year in average tax revenue to federal... 

Fortescue cuts Atlas Iron stake, to retain ‘substantial holding’

By: Esmarie Swanepoel     6th August 2018 Iron-ore major Fortescue Metals on Monday said that it would retain a “substantial shareholding” in takeover target Atlas Iron, despite reducing its interest from 19.9% to 11.37%. “Fortescue has considered its options with regard to the 19.9% shareholding in Atlas Iron and has decided to retain... 

India's Goa state to push federal govt to restart mining

By: Reuters     6th August 2018 India's Goa state on Friday passed a resolution asking the state's chief Minister to push the federal government to amend laws to restart mining across the state, a state lawmaker said, months after the country's top court quashed mining permits. The resolution seeks to amend laws in Goa so that... 

S African company supplies four hoppers to Kenyan port

By: Halima Frost     3rd August 2018 South Africa-based equipment supplier BLTWORLD has assisted in supplying four materials handling specialist SAMSON Eco-Hoppers to the Kenyan Port of Mombasa, in June this year. Acquiring the hoppers is part of the Mombasa Resilient Infrastructure Programme (MRIP) initiative by the Kenya Ports... 

Fording River Operations, Canada

By: Thabi Madiba     3rd August 2018 A steelmaking coal, or metallurgical or coking coal mine located about 29 km north-east of Elkford, in south-eastern British Columbia, Canada. 

EPA backs plans to revive Paroo Station lead mine

By: Esmarie Swanepoel     1st August 2018 The Western Australian Environmental Protection Authority (EPA) has backed plans to restart operations at the Paroo Station lead mine, near Wiluna. EPA chairperson Tom Hatton said the proposal from Rosslyn Hill Mining to expand the current mining operation by 400 ha and introduce new lead... 

Cokal gets funding partner for BBM

By: Esmarie Swanepoel     1st August 2018 ASX-listed Cokal has secured development funding for its 60% owned Bumi Barito Mineral (BBM) pulverised coal injection (PCI) coal project, in Indonesia. Cokal on Wednesday told shareholders that it had executed a binding term sheet with Aahana Global Resources & Investment, a special purpose... 

Nacala corridor transaction reaffirms ‘Africa open for business’

By: Simone Liedtke     30th July 2018 Owing to a consortium of three export credit agencies (ECAs), the African Development Bank (AfDB) and a lending consortium of six international and four South African banks, a collaboration on funding for the revamp and extension of the Nacala Logistics Corridor has successfully raised... 

Rey sells Duchess Paradise for A$24m

By: Esmarie Swanepoel     30th July 2018 ASX-listed Rey Resources has signed a deal with Yuanrun Investment to divest of its Duchess Paradise thermal coal project, in Western Australia, for A$24-million. Yuanrun will pay A$2-million to Ray within ten days of the agreement, with the payment treated as a non-refundable deposit. 

MinRes to earn into Brockman’s Marillana project

By: Esmarie Swanepoel     27th July 2018 ASX-listed Mineral Resources (MinRes) has struck a deal with fellow-listed Brockman Mining, which could see it acquire a 50% share in the Marillana iron-ore project, in the Pilbara. Under a farm-in agreement, MinRes could earn a 50% interest in the project by spending A$250 000 on exploration... 

SA iron-ore industry struggles more than most

By: Paige Müller     27th July 2018 The outlook for the South African iron-ore industry remains “bleak”, owing to stagnant local economic growth, a negative local investment environment and a significant drop in global demand for iron-ore, says commodities market analysis firm Core Consultants MD Lara Smith. She emphasises that the... 

Production at Vale’s Moz coal operation increasing again

By: Rebecca Campbell     27th July 2018 Brazilian mining major Vale has reported significantly higher production at its Moatize coal operation during the second quarter of this year (2Q18) in comparison to the first quarter (1Q18). However, 2Q18 production was still lower than that of the same quarter last year (2Q17). The figures were... 

New milestone set at Gamsberg zinc project

By: Martin Creamer     26th July 2018 The completion of the main construction activities and commissioning of the front-end ore crushing, handling and stockpiling system for the Gamsberg zinc mine project in the Northern Cape is seen as a significant milestone. Completed for the Black Mountain Complex – part of the Vedanta Resources... 

ELB Successfully Commission Gamsberg Ore Handling System

By: Creamer Media Reporter      26th July 2018 The completion of the main construction activities and commissioning of the front-end ore crushing, handling and stockpiling system during the month of July 2018 by ELB Engineering Services (Pty) Ltd (ELB) and their business partners for the Gamsberg Zinc Mine Project in the Northern Cape for the... 

Transnet signs manganese capacity allocation contract with Assmang

By: Anine Kilian     25th July 2018 State-owned Transnet has signed a seven-and-a-half-year Manganese Export Capacity Allocation (MECA2) contract with Assmang as part of its strategy to secure 95% of manganese volumes on rail. The contract, which will see the transportation of export manganese from pit to port, offers Assmang, the... 

Angolan railway company cuts transport costs for quarriers

By: Rebecca Campbell     20th July 2018 The management of the Moçâmedes Railway (Caminho-de-Ferro de Moçâmedes or CFM) in Angola has concluded an agreement with granite and marble producers in its area of operation, to cut its charges for carrying the ornamental rocks (also known as dimension stones or decorative stones) from the... 

Kumba lowers FY sales, production guidance

By: Marleny Arnoldi     19th July 2018 JSE-listed Kumba Iron Ore is working closely with State-owned freight utility Transnet to secure the delivery of the contractual capacity and to mitigate derailments that affected the company’s export sales in the second quarter of the year. The company’s export sales increased by only 1% to... 

Rio Tinto autonomous train makes first delivery 280 km away 

By: Esmarie Swanepoel     13th July 2018 Mining major Rio Tinto has delivered its first iron-ore delivery by autonomous train from the Tom Price mine, to the port of Cape Lambert, some 280 km away. The autonomous train consisted of three locomotives and carried about 28 000 t of ore. The train was monitored remotely by operators in... 

Costs outweigh price of Atlas Iron’s ore

By: Esmarie Swanepoel     12th July 2018 Takeover target Atlas Iron has faced another tough quarter during the three months to June, with all-in sustaining costs outweighing the price for its ore. Atlas on Thursday told shareholders that C1 cash costs for the period reached A$42/t, up from the A$41/t in the March quarter, while full... 

Transnet to operate inland manganese terminal

By: Marleny Arnoldi     10th July 2018 State-owned freight utility Transnet’s Port Terminals operating division has taken over operations at an inland terminal for the loading and handling of manganese at Lohatlha, in the Northern Cape.  

COAL TO THE WORLD, GROWTH TO THE NATION:

By: Martin Creamer     6th July 2018 The private-sector-owned Richards Bay Coal Terminal, which opened in 1976 with an original capacity of 12 million tons a year, 42 years later has a design capacity of 91-million tons a year – 10-million tons more than the State-owned Transnet Freight Rail is currently able to deliver. In a... 

Trump trade war looms over Canadian town built to supply America

By: Bloomberg     28th June 2018 If ever a town embodied US-Canadian symbiosis, it’s Arvida, Quebec. Built by Americans, its giant smelter supplied most of the Allied forces’ aluminum in World War II and today makes metal used in Budweiser beer cans, Tesla and Ford cars and in AR15 rifles, part of the 2.5-million metric tons... 

Atlas attributed no value to NWI interest

By: Esmarie Swanepoel     28th June 2018 ASX-listed Atlas Iron on Thursday said that the company had attributed no value to its interest in the North West Infrastructure (NWI) joint venture, or its intention to develop export capacity at the port of Port Hedland. Atlas was responding to a query from shareholder Fortescue, which urged... 

BCI gets maiden resource at Kumina

By: Esmarie Swanepoel     28th June 2018 Junior BCI Minerals has reported a maiden Joint Ore Reserves Committee compliant resource for its Kumina iron-ore project, in Western Australia. The project is estimated to host an inferred mineral resource of 78.3-million tonnes at 59.1% iron and a cut-off of 57% iron, or 115.2-million tonnes... 

On-The-Air (22/06/2018) 

By: Martin Creamer     22nd June 2018 Coal exporters can look forward to faster turnaround times at the Richards Bay Coal Terminal, following the commissioning of a brand new suite of equipment. South Africa’s secretive Department of Mineral Resources needs to subject itself to independent transparency evaluation and to set reform... 

Copperbelt Energy of Zambia eyes $250m power investment

By: Bloomberg     20th June 2018 Copperbelt Energy Corp, the Zambian electricity supplier with customers including Glencore’s copper mines, may invest as much as $250-million in solar projects and transmission lines in the neighboUring Democratic Republic of Congo (DRC), CEO Owen Silavwe has said. The amount includes two solar... 

PEA completed for South America’s ‘most advanced’ PGM project

By: Creamer Media Reporter      18th June 2018 A preliminary economic assessment (PEA) for the Pedra Branca platinum group metal (PGM) project, in north-eastern Brazil, has confirmed the economic potential of the project, which Aim-listed Jangada Mines says is South America’s largest and most advanced PGMs play. The PEA has assigned a net... 

Rio spending $2.2bn on iron-ore supply

By: Esmarie Swanepoel     18th June 2018 Diversified miner Rio Tinto on Monday revealed that it will be spending some $2.2-billion over the next three years on replacement mines for its iron-ore operations in the Pilbara, including initial spending on the proposed Koodaideri, West Angelas and Robe Valley developments. Rio’s iron-ore... 

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