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Sampling confirms lithium in Namibia – Montero

By: Martin Creamer     17th November 2017 Exploration and development company Montero, which is putting mineralisation to the test in Namibia in search of a lithium resource, on Friday confirmed the presence of the soft silver-white metal in central Namibia. “Montero’s first channel sampling programme has confirmed lithium,” Montero CEO... 

Fire hits Freeport Indonesia port facility in Papua

By: Reuters     17th November 2017 A fire broke out at the main port used by copper miner Freeport-McMoRan Inc in Papua, Indonesia, on Thursday night, the company said. The fire occurred at the Amamapare port in a plant where copper concentrate from the giant Grasberg copper mine is processed before loading onto vessels for... 

German minerals firm K&S lifts Q3 earnings, adjusts Canada mine ramp-up

By: Mariaan Webb     15th November 2017 German potash and salt producer K+S on Wednesday reaffirmed its earnings forecast for the full year, as it posted higher third-quarter revenue and earnings. The Kassel-headquartered company, which has production sites in Europe, North America and South America, increased its revenue by 6%... 

Tharisa expects higher earnings

By: Martin Creamer     14th November 2017 Platinum group metals (PGM) and chrome coproducer Tharisa on Tuesday informed the market of higher upcoming 2017 financial year earnings. The company, headed by CEO Phoevos Pouroulis, foresees substantially higher earnings per share and headline earnings per share in US cents of 21c to 23c,... 

Iron Road finds more takers for infrastructure

By: Esmarie Swanepoel     14th November 2017 Iron-ore developer Iron Road has inked a memorandum of understanding (MoU) with grain growers in South Australia to develop a grain terminal and export facility. The MoU was signed with a recently formed farmers cooperative EPCBH and would see Iron Road work collaboratively to establish a grains... 

Fortescue Metals ends power supply agreement with TransAlta Corp

By: Reuters     13th November 2017 Iron-ore miner Fortescue Metals Group Ltd said on Monday it has terminated a power supply agreement with TransAlta Corp for its Port Hedland operations in Western Australia. The miner said in a statement it was not satisfied that TransAlta's obligations under the South Hedland Power Purchase... 

Aurizon confirms talks to buy Wicet coal terminal

By: Esmarie Swanepoel     13th November 2017 Australian freight rail operator Aurizon on Monday confirmed that it was in preliminary discussions to acquire the Wiggins Island coal export terminal (Wicet), in Queensland. Wicet is currently owned by a consortium of Australian and international resource companies, including Glencore and New... 

Africa’s first coltan smelter established in Tanzania

By: Robyn Wilkinson     10th November 2017 Mining and metals company AB Minerals is partnering with the African Minerals and Geoscience Centre (AMGC) in Dar es Salaam, Tanzania, to establish the first columbite-tantalite (coltan) smelter in Africa. 

Zanaga iron-ore project granted environmental permit

By: Creamer Media Reporter      8th November 2017 The Ministry of Environment of the Republic of Congo (RoC) has granted Aim-listed Zanaga Iron Ore Company (ZIOC) an environmental permit for its Zanaga project. The permit covers the project's first phase of development, which is expected to produce 12-million tonnes of iron-ore. 

Korab gets export capacity at Darwin

By: Esmarie Swanepoel     8th November 2017 Diversified explorer Korab Resources has inked a non-binding heads of agreement (HoA) with the Darwin Port operator to export some 500 000 t/y of magnesite rock through the port. The HoA included sub-leasing of the land, access to various port facilities, the use of loaders and other equipment,... 

China iron-ore hits six-week high, but steel output curbs to weigh

By: Reuters     7th November 2017 Iron ore futures in China rallied to their highest in nearly six weeks on Tuesday, extending recent gains along with steel prices, although steel production curbs over winter suggest further price increases in the raw material may be limited. Chinese cities have ordered their steel mills to cut... 

Brazil regulator rejects Vale bid to change output target for railroad

By: Reuters     7th November 2017 Brazil's transportation regulator ANTT has rejected a request from Vale, the world's top iron-ore producer, to change its production goals for the Carajas Railroad this year, according to a notice by the Official Gazette on Monday. Production goals for Vale's Carajas project, the world's largest... 

Mkango pushes forward with research programme, upbeat about Malawi prospects

By: Ilan Solomons     3rd November 2017 Dual-listed Mkango Resources is upbeat about its research on the development of neodymium iron boron alloys, which are “critically important” for environment-friendly sectors, such as that of electric vehicles, states CEO Will Dawes. Mkango has started Phase 2 of its research and development... 

First locally manufactured Joy reclaim feeder is unveiled

By: Dylan Slater     3rd November 2017 Mining equipment and service provider Komatsu has launched its first South African-manufactured Joy reclaim feeder. Joy is the high-productivity mining solutions subsidiary of Komatsu, having been acquired earlier this year in a $3.7-billion deal.  

Indian petcoke ban to boost coal imports amid already tight market

By: Reuters     1st November 2017 A ban on petroleum coke around the Indian capital of New Delhi starting from Wednesday will require the country to raise its imports of coal to replace the fuel, just as Asia is heading into the tightest market conditions for coal in years. India's annual demand for petroleum coke, an energy... 

Australia's project pipeline strong despite end of mining boom

By: Esmarie Swanepoel     1st November 2017 Australia’s resources sector continues to contribute to investment in the Australian economy, despite the apparent end to the so-called mining boom. Advisory firm Deloitte Access Economics this week reported that the total value of projects in its Investment Monitor database rose by... 

Transnet looking abroad for growth as it again pares back South Africa capex 

By: Terence Creamer     30th October 2017 State-owned freight logistics group Transnet continues to pare back its investment portfolio in the South African, which is expected to grow by less than 1% in 2017. The group, which operates rail, port and pipelines businesses, expects to invest R229.2-billion over the coming seven years,... 

NMDC requests protecton from ultra-left extremists in Chhattisgarh

By: Ajoy K Das     27th October 2017 Indian iron-ore miner NMDC has stated that ultra-leftwing extremism and violence pose the greatest risk to its assets in central Indian province of Chhattisgarh. In a company statement, NMDC points to disturbances created by extremists in the Bailadila region, where it operates iron-ore mines. 

Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration 

By: Samantha Herbst     27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... 

KSB Pumps & Valves

     27th October 2017 East Rand-headquartered KSB Pumps & Valves is an original-equipment manufacturer of technologically advanced pumps, valves and related products for the water, sewerage, chemicals, petrochemicals, mining and building services sectors, among others. Since its establishment in 1959, the company has... 

Australia notified China of Adani coal mine approvals in letter

By: Reuters     26th October 2017 Australian politicians told China of government approvals for a controversial A$16.5-billion coal mine project being built by Indian conglomerate Adani Enterprises, a panel of senators heard on Thursday. Thousands of people turned out across Australia this month to protest against the project in... 

MinRes eyes spodumene concentrate at Wodgina

By: Esmarie Swanepoel     20th October 2017 Lithium miner Mineral Resources (MinRes) is hoping to start the construction of a spodumene concentrate plant at its Wodgina lithium operation, in Western Australia, by the fourth quarter of this year. The company on Friday announced plans to instal three modules capable of producing 250 000 t/y... 

Atlas Iron turns cash positive as turnaround bears fruit

By: Esmarie Swanepoel     20th October 2017 Iron-ore miner Atlas Iron on Friday announced that it had become net cash positive following the end of the September quarter with some A$93-million cash on hand and a further A$21-million in its reserve account. MD Cliff Lawrenson told shareholders that the transition to a net cash status... 

Digital transformation necessary to improve productivity in mining – EY

By: Ilan Solomons     20th October 2017 The current digital disruption that is occurring worldwide and upending industries, has resulted in a digital disconnect – a gap between the potential that digital transformation has and the reality of a track record of unsuccessful implementations – in the mining and metals sector, states... 

AUSTRALIAN ANGST

By: Martin Creamer     20th October 2017 Indian multinational conglomerate company Adani has the backing of Australian Prime Minister Malcolm Turnbull’s Liberal Party to build a coal mine in northeast Australia, but thousands of protestors, including those in this picture, have expressed their opposition to the $3.3-billion, 25-million... 

First Joy Reclaim Feeder Manufactured in Wadeville Uses 75% Locally-Sourced Materials

     19th October 2017 Designed specifically to meet the challenges of the South African mining environment, the first locally-manufactured Joy reclaim feeder is now available from Komatsu. Produced at the company’s manufacturing facility in Wadeville, the machine was built using 75 percent locally sourced materials.... 

Argentina Lithium starts digging at Arizaro

By: Henry Lazenby     13th October 2017 Lithium explorer Argentina Lithium & Energy has initiated its first drilling and subsurface brine sampling programme at the 20 500 ha Arizaro lithium project, located on the Arizaro Salar in Salta province. The TSX-V-listed company initially plans to drill three to four holes, with depths up to... 

Building presence in East Africa through Tanzanian office

     13th October 2017 Drive engineering specialist SEW-Eurodrive is adding to its existing presence in Tanzania, its main hub in Eastern Africa, by opening a new office in Kenya and starting a recruitment drive in Burundi and the Democratic Republic of Congo (DRC). SEW-Eurodrive’s Tanzanian branch, in Der Es Salaam,... 

Mining licence submitted for Fungoni

     13th October 2017 ASX-listed Strandline Resources has submitted the mining licence application for its Fungoni heavy mineral sands (HMS) project, in Tanzania, to the Ministry of Energy and Minerals. The application has been prepared in light of the advanced engineering work conducted to date as part of the... 

Product tackles inclement conditions, improves productivity

By: Nadine James     13th October 2017 One of the biggest challenges facing the mining industry with regard to its motors, gear drives and belt drives is protection from adverse weather conditions and the resulting ingress of dust and moisture, says pumps manufacturer Australian Pumps, commonly known as Aussie Pumps. “In the Pilbara,... 

R20bn Swazi Rail Link being prepared for presentation to investors before year-end 

By: Terence Creamer     12th October 2017 An expression of interest (EoI) for the R20-billion crossborder Swazi Rail Link infrastructure project between South Africa and Swaziland will be released to potential investors before the end of 2017, South Africa’s Transnet Freight Rail (TFR) and Swaziland Rail confirmed on Thursday. The 150 km... 

Meridian reports record Q3 output, sales; new offtake accord

By: Henry Lazenby     11th October 2017 Manganese miner Meridian Mining has reported new record production and sales at its flagship Espigão project, in Rondônia, Brazil. London, UK-based Meridian achieved production of 18 488 t in the third quarter ended September 30, compared with 13 445 t in the comparable period a year earlier – a... 

Mustang granted Montepuez mining concession

By: Creamer Media Reporter      10th October 2017 The Mozambique Minerals and Energy Ministry has granted ASX-listed Mustang Resources a mining concession for its Montepuez project. The concession is valid until September 2042 and paves the way for the company to increase its processing capacity, as planned, following its maiden tender. 

Tharisa reports best production year

By: Martin Creamer     10th October 2017 Platinum group metals (PGM) and chrome co-producer Tharisa on Tuesday reported a record fourth quarter, which nudged the company to its best yearly production performance to date in the 12 months to September 30. The JSE-listed company, headed by CEO Phoevos Pouroulis, said in a release to... 

Large and small miners announce, plan contract awards for Moz projects

By: Keith Campbell     6th October 2017 Brazilian mining group Vale has awarded Mota-Engil Africa a $445-million contract to supply mining services to the Moatize coal mine, in Mozambique’s Tete province, the Macauhub news agency has reported. Mota-Engil Africa is a subsidiary of the Portuguese engineering, construction, contract... 

Sovereign signs rail MoU in Malawi

By: Esmarie Swanepoel     3rd October 2017 Junior Sovereign Metals has signed a memorandum of agreement (MoU) with an infrastructure consortium led by majors Vale and Mitsui, for rail freight, port access and port handling services for graphite product from the Malingunde project, in Malawi. Sovereign said on Tuesday that the MoU... 

Nyrstar starts hot commissioning of Port Pirie

By: Esmarie Swanepoel     29th September 2017 Integrated mining and metals group Nyrstar has started hot commissioning at its Port Pirie smelter, in South Australia, following the A$660-million redevelopment of the project. Under the redevelopment plan, the 127-year old smelter was converted into an advanced metals recovery and refining... 

Townsville port expansion moves ahead

By: Esmarie Swanepoel     29th September 2017 The A$1.6-billion expansion of Australia’s largest lead and copper export port in Townsville, Queensland, has been approved by the state’s Coordinator-General. The 30-year development plan includes four key elements, including capital dredging of some 11.48-million cubic metres of sediment to... 

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