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Zanaga upbeat on iron-ore market fundamentals

By: Anine Kilian     22nd September 2017 Although the global iron-ore market continues to demonstrate better-than-expected fundamentals from a demand perspective, particularly in relation to pricing for higher-quality products, Aim-listed Zanaga Iron Ore remains concerned about the continuing build-up in Chinese iron-ore port stocks. In... 

Rail company unlocking coal export potential

     22nd September 2017 According to South African rail, port and pipeline company Transnet, increasing rail capacity in South Africa is critical for unlocking coal export opportunities, both for neighbouring African countries and for the domestic market. The rail utility discussed its approach to increasing rail... 

Nelson Mandela Bay chamber says 19.9% power hike would be ‘crippling’

By: Terence Creamer     15th September 2017 The Nelson Mandela Bay Business Chamber has expressed extreme disappointment with Eskom’s application for a 19.9% tariff increase from April 1, 2018, warning that such a hike would be “crippling” to business and the economy. Should the increase be approved it could translate to a 27.5% municipal... 

Sizeable limonite find exposes Horizonte to burgeoning EV market

By: Samantha Herbst     14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... 

Ethiopia mulls new potash partner as failed deal is arbitrated

By: Bloomberg     14th September 2017 Ethiopia is considering finding a new partner to develop a potash mine abandoned last year by Israel Chemicals, which has sought compensation at an arbitration court after accusing the government of failing to support the project. Several companies are interested in developing potash deposits in... 

South Johnstone work programme approved

By: Esmarie Swanepoel     13th September 2017 The Queensland Department of Natural Resources and Mines has formally approved the works programme for the South Johnstone bauxite project. The approval comes after ASX-listed project developer Queensland Bauxite received approval from the Department of Environment and Heritage Protection for... 

China steel, iron-ore climb as traders restock for peak season

By: Reuters     13th September 2017 Iron-ore futures in China jumped more than 2% on Wednesday, rising with steel prices for a second day as traders build stocks to cash in on the peak season for demand in the world's top steel market. Chinese steel demand picks up in September and October after the summer lull as construction... 

Port Hedland iron ore exports to China up 11% in August -Pilbara Ports

By: Reuters     8th September 2017 Iron-ore shipments to China from Australia's Port Hedland terminal rose 11% to 35.7-million tonnes from 32.03-million tonnes in July, port data released on Friday showed. Overall August iron-ore shipments from the world's biggest export terminal for the steelmaking raw material increased to... 

Anaconda infrastructure gets major boost with approval of Pine Cove in-pit tailings storage

By: Henry Lazenby     7th September 2017 Eastern Canadian gold producer Anaconda Mining is set to ramp up the mining rate at its Point Rousse project’s Pine Cove pit, after the Newfoundland and Labrador Department of Natural Resources approved a plan to use the nearly depleted pit as a tailings storage facility. Anaconda had previously... 

Heron completes first part of financing

By: Esmarie Swanepoel     7th September 2017 Base metals developer Heron Resources has completed a A$141-million equity funding package, as part of its greater A$240-million funding to develop the Woodlawn zinc/copper project, in New South Wales. The company on Thursday said that the equity funding included a A$104-million cornerstone... 

China to loan Guinea $20bn to secure aluminium ore

By: Reuters     7th September 2017 China agreed on Wednesday to loan Guinea $20-billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said. The projects guaranteed by the loan included China Power Investment Corp's (CPI) planned... 

Free-to-attend seminars and workshops at Electra Mining Botswana

     6th September 2017 Business decision-makers, purchasing influencers and other industry professionals will be heading to Electra Mining Botswana in September. As the largest mining, industrial and power generation trade exhibition in the region, visitors will be looking for the latest products, technologies and... 

Bamin inks MoU to develop Brazil-based iron-ore project

By: Schalk Burger     4th September 2017 Diversified resources producer Eurasian Resources Group’s (ERG’s) wholly owned Brazilian subsidiary, Bahia Mineração (Bamin), has signed a memorandum of understanding (MoU) with the Brazil state of Bahia and a consortium of Chinese companies to develop a $2.4-billion integrated mining and... 

South Africa has insufficient skills for development of a shale gas industry

By: Anine Kilian     1st September 2017 There are insufficient skills in South Africa to support the development of a shale gas industry, South African National Energy Association secretary general Dave Wright said at a national shale gas conference, in Port Elizabeth, on Friday. He noted that the country had a small and limited... 

Government certainty needed for successful shale gas exploration in South Africa

By: Anine Kilian     1st September 2017 Government must make a clear-cut decision on whether or not to proceed with shale gas exploration in the Karoo, University of Cape Town Institute of Marine and Environmental Law's Professor Jan Glazewski said on Friday. Speaking to Engineering News Online on the sidelines of a national shale gas... 

Aim-listed miner developing Moz limestone project and associated forestry, tourism operations

By: Keith Campbell     1st September 2017 Mozambican newspaper “Diário de Moçambique”, which is published in the port city of Beira, capital of Sofala province, has reported that the TCT–Indústrias Florestais (TCT-IF) company is to invest $3-million into its Catapu limestone project. The newspaper cited TCT-IF manager James Whaite as its... 

Gas vital to South Africa’s energy mix

By: Anine Kilian     31st August 2017 All countries face energy challenges and must manage this by improving energy security and economic development, without compromising sustainable development, Department of Science and Technology (DST) director-general Dr Phil Mjwara said on Thursday. He pointed out that sub-Saharan Africa was... 

Fracking a potential 'game-changer' for South African economy - ASSAf professor

By: Anine Kilian     31st August 2017 Hydraulic fracturing (fracking) could be a “game-changer” for South Africa’s economy, Academy of Science of South Africa (ASSAf) VP Professor Barney Pityana said on Thursday. Addressing delegates at a national shale gas conference, hosted by ASSAf in partnership with the Department of Science and... 

In its third year, North American Nickel’s Maniitsoq drill campaign casts a wider net

By: Henry Lazenby     30th August 2017 Drilling productivity at base metals explorer North American Nickel's (NAN's) Maniitsoq project, in south-west Greenland, has been lower than expected, prompting the company to add another drill rig and extend the drilling programme by two weeks to late September, to achieve as many metres as... 

Horizonte’s Araguaia feasibility study due for completion in early 2018

By: Samantha Herbst     30th August 2017 The ongoing feasibility study for Aim- and TSX-listed Horizonte Minerals’ Brazil-based Araguaia project – the country’s next ferro-nickel mine – is progressing on schedule and is now over 60% complete. According to Horizonte CEO Jeremy Martin, the feasibility study is due for completion by year... 

K+S opens Port Moody potash transshipment facility

By: Henry Lazenby     29th August 2017 Canada’s newest potash producer K+S Potash Canada (KSPC) has opened its new state-of-the-art potash handling and storage facility at partner Pacific Coast Terminals’ Port Moody terminal, in Vancouver, British Columbia. The port facility is the western port destination for potash from KSPC’s new... 

Another appeal against Adani’s Carmichael coal mine dismissed

By: Esmarie Swanepoel     25th August 2017 Indian major Adani has recorded another legal win against naysayers of its $16.5-billion Carmichael coal mine planned in Queensland. The Federal Court on Friday dismissed challenges from the Australian Conservation Foundation (ACF) on an earlier Federal Court ruling that upheld the... 

Modular, mobile dry-type transformers ideal for Africa

By: Robyn Wilkinson     25th August 2017 As mining projects move into ever more remote locations in Africa, modular and mobile energy solutions – such as dry-type transformers – are gaining popularity, says transformer supplier Trafo Power Solutions MD David Claassen. 

Rental generators bridging solution for African mines

By: Robyn Wilkinson     25th August 2017 Energy solutions provider Aksa Power Generation expects a high demand in Africa, especially sub-Saharan Africa, for its new range of generators, as the mining industry begins to show signs of recovery and companies look to expand their operations in remote areas. 

Himoinsa

By: Zandile Mavuso     22nd August 2017 As a global corporation that designs, manufactures and distributes power generation equipment globally, Himoinsa adds incomparable application and engineering know-how, excellent design and service capabilities, delivering value beyond the equipment it produces. 

Activist loses court challenge against Carmichael coal mine

By: Esmarie Swanepoel     22nd August 2017 Indian major Adani on Tuesday welcomed a decision by the Queensland Court of Appeal to dismiss an activist challenge against the $16.5-billion Carmichael coal mine. “The decision presents yet another independent judicial decision upholding nearly eight years of development planning and rigorous... 

Metallica gets federal approval for bauxite project

By: Esmarie Swanepoel     22nd August 2017 ASX-listed Metallica Minerals has received environmental approval from the federal government to develop its Urquhart bauxite project, in far north Queensland. “This is an important milestone in the development of the Urquhart bauxite project and clearly demonstrates that the environmental plan... 

Turkish firms set for $64bn spending spree to leave home

By: Bloomberg     21st August 2017 Robert Yuksel Yildirim had barely been at the family’s construction-materials business a year before the company won its first international contract. Now, it’s a conglomerate with interests in mining, ports and chemicals across 28 countries. Twenty four years after the deal to import coal... 

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

By: Ilan Solomons     18th August 2017 It is common knowledge that securing investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and low commodity prices, emerging gold miner Hummingbird business development head Robert Monro tells... 

Cyclone, Chinese demand boost Mozambique’s Moatize coal mine

By: Keith Campbell     18th August 2017 Bad weather in Australia and improved demand in China were the factors driving the higher metallurgical (or coking) coal prices during the second quarter of this year (2Q17), in comparison to the first quarter (1Q17). So stated Brazilian mining group Vale in its report “Vale’s Performance in 2Q17”.  

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

By: Ilan Solomons     18th August 2017 It is common knowledge that raising investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and low commodity prices, emerging gold miner Hummingbird business development head Robert Monro tells... 

Indian companies active in the Moz coal sector weighing their options

By: Keith Campbell     18th August 2017 Indian State-owned consortium International Coal Ventures Limited (ICVL) is considering a plan to convert the coal it produces at its Benga operation in the Tete province of Mozambique into gas, to make it easier and cheaper to export fuel to India. This has been stated by Indian Steel Minister... 

Mustang ruby inventory grows to 147 000 ct

By: Creamer Media Reporter      16th August 2017 ASX-listed Mustang Resources’ ruby inventory at the Montepuez project, in Mozambique, has grown to 147 052 ct, on track for reaching the targeted 200 000 ct to be sold at the company’s inaugural auction in October. The growing inventory is, in part, the result of work to increase water supply to... 

thyssenkrupp Infra-Red rapid drying oven improves turnaround time for Minopex

     16th August 2017 The fast drying capability of thyssenkrupp Industrial Solutions‘ Infra-Red rapid drying oven has significantly improved turnaround times for minerals processing operations specialist, Minopex. Developed in-house by thyssenkrupp Industrial Solutions South Africa, the Infra-Red (IR) rapid drying... 

BC Iron swings back to black

By: Esmarie Swanepoel     16th August 2017 Junior miner BC Iron has swung back into black during the full year ended June, as the company’s Iron Valley operation delivered strong results. BC Iron on Wednesday reported after tax profit of A$7.1-million from continuing operations, compared with a loss of A$43.9-million in the previous... 

The importance of valve selection in slurry applications

     15th August 2017 The trend to pump slurries over longer distances at higher solids concentrations is putting slurry valves to the test, as these severe applications have high pressures and are very abrasive, according to AR Controls Director Julien van Niekerk. Another factor to be taken into consideration is... 

Colombia's Grupo Argos sells port company to Goldman for $136m

By: Reuters     15th August 2017 Colombian holding company Grupo Argos has sold its 50% stake in a port operator to an investment fund administered by Goldman Sachs for about $136-million, Grupo Argos said in a statement on Monday. Compania de Puertos Asociados, called Compas, moves principally coal and cement through its ports... 

Continued reciprocal trade between S Africa, Australia predicted

By: Marleny Arnoldi     11th August 2017 Despite the current economic climate in South Africa and the global downturn in mining owing to low commodity prices, South Africa and Australia will continue to build their reciprocal trade relationship, says law firm ENSafrica.  

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