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Australia's Pilbara Minerals to ship first spodumene cargo to China in Aug

By: Reuters     Updated 4 hours ago Pilbara Minerals Ltd aims to ship the first cargo of spodumene concentrate from its Pilgangoora lithium-tantalum development in Australia to China in August, its managing director said on Thursday. Spodumene is a mineral mined as a source of lithium, a key ingredient in electric vehicle... 

Union workers reject Rio-owned IOC offer

By: Henry Lazenby     18th April 2018 The United Steelworkers Union (USW) Local 5795/6731, in Labrador City, rejected the latest labour offer proposed by Rio Tinto’s majority-owned Iron Ore Company of Canada (IOC) and the USW negotiations teams. The union represents about 1 400 workers of whom 90% voted in favour of downing tools... 

Australia to amend $3.9bn infrastructure fund in bid to develop country's north

By: Reuters     18th April 2018 Australia will amend the guidelines for a A$5-billion ($3.9-billion) fund that offers loans to build infrastructure in the country's north so it can offer greater support to a broader range of projects, a government minister said on Wednesday. The changes will aid a bid to develop Australia's... 

Enabling a Sustainable Future – Delivering on Africa's Renewable Energy Agenda Unlocking the power of nature with smart trucking solutions

     17th April 2018 Smart Supply Chain Solutions African economies have in recent years experienced a surge in business activity, thanks in part to the emergence of an increasingly prosperous middle class. This consumer boom has not only strained retail supply chains but has placed overwhelming demands on national... 

Atlas' iron output continues to fall

By: Esmarie Swanepoel     17th April 2018 Iron-ore miner Atlas Iron has reported another fall in sales volumes during the three months to March, as wet weather and the closure of the Abydos mine impacted production. Atlas shipped 2-million tonnes of ore during the March quarter, down from the 2.2-million tonnes shipped in the December... 

ExxonMobil restarts quake-hit PNG LNG ops ahead of schedule

By: Esmarie Swanepoel     13th April 2018 The Papua New Guinea liquefied natural gas (PNG LNG) project has restarted production ahead of schedule, following the 7.5 magnitude earthquake in the country’s highlands in February. Project operator ExxonMobil reported on Friday that one train was currently operating at the LNG plant near Port... 

Wodgina output marred by unexpected events - MinRes

By: Esmarie Swanepoel     11th April 2018 ASX-listed Mineral Resources (MinRes) has warned shareholders that production at the Wodgina direct shipping ore (DSO) lithium project, in Western Australia, will be less than expected. The miner on Wednesday noted that a number of adverse weather events, some mechanical failures as well as... 

Mayur shakes the tin for exploration work

By: Esmarie Swanepoel     11th April 2018 Diversified junior Mayur Resources has raised A$7.8-million in a share placement to professional and sophisticated investors. The company will place 9.75-million chess depository interests to both new and existing shareholders, at a price of 80c each, under its existing placement capacity. 

Anglo American fined $21m for Brazil pipeline leaks

By: Reuters     11th April 2018 Brazil's environmental regulator Ibama fined Anglo American $21.1-million for two leaks in the pipeline transporting iron-ore from its Minas Gerais mine, to port in Rio de Janeiro state, the watchdog said on Tuesday. Ibama ordered Anglo American to halt mining operations after the leaks, which... 

Rio Tinto becomes first aluminium producer certified under new sustainability benchmark

By: Henry Lazenby     11th April 2018 Mining giant Rio Tinto has become the first company in the world to be certified under the Aluminium Stewardship Initiative (ASI) – a new benchmark for healthy environmental, social and governance practices across the aluminium lifecycle of production, use and recycling, the company announced on... 

US to lead global crude production as soon as 2023 – IEA

By: Henry Lazenby     10th April 2018 US shale production growth is expected to lift the jurisdiction to being the top oil producer globally by 2023, a report from the International Energy Agency (IEA) has shown. According to the IEA, US output will expand by 3.7-million barrels a day, more than half of the world’s expected... 

World's top iron shipper says China import boom to level off

By: Bloomberg     9th April 2018 The world’s largest iron-ore exporter delivered a mixed message on the outlook, raising near-term price forecasts, but combining that revision with a more somber message that China’s gargantuan imports are set to level off as steel production eases in the coming years. Iron-ore will average... 

Aurizon puts new wagons on NSW coal lines

By: Esmarie Swanepoel     6th April 2018 Freight hauler Aurizon has reiterated its commitment to the Hunter Valley coal industry, announcing the arrival of a batch of newly-built coal wagons at the Port of Newcastle. Aurizon GM for New South Wales coal operations, Catherin Baxter, said on Friday that the 32 wagons in the consignment... 

Brazil state fines Anglo American $37.73m over pipeline leak

By: Reuters     5th April 2018 The Brazilian state of Minas Gerais slapped a $37.73- million fine on Anglo American on Wednesday for pollution caused by one of two spills last month from a pipeline that carries iron-ore from the company's Minas-Rio mine. The leak in the pipeline, which carries slurry to a port in Rio de... 

Port, railway workers reject Canada miner IOC's latest offer

By: Reuters     30th March 2018 A majority of 98% of workers at the Iron Ore Company of Canada's railway and port operations in Sept Iles, Quebec have rejected the miner's latest contract offer, the United Steelworkers said on Thursday, after negotiations stumbled on monetary issues. The 305 unionised employees are unhappy... 

Adani is said to delay Australia coal shipment, eyes deals

By: Bloomberg     29th March 2018 Indian conglomerate Adani Enterprises Ltd. will miss its original deadline to start shipping thermal coal from one of the world’s biggest planned mines due to funding difficulties, even as it eyes export deals with Asian companies. The billionaire Gautam Adani-backed company has abandoned a 2020... 

Vale’s Moz operation goes positive for the first time in years

By: Rebecca Campbell     29th March 2018 Last year, for the first time since 2010, Brazilian mining group Vale’s Moatize coal operation in Mozambique recorded positive earnings before interest, taxes, depreciation and amortisation (Ebitda). Moatize is now the group’s only coal operation, following the sale of its last Australian coal... 

Qld opens North West for exploration

By: Esmarie Swanepoel     28th March 2018 The Queensland government has opened up more than 1 000 km2 in the state’s North West minerals province for exploration. Mines Minister Dr Anthony Lynham on Wednesday announced the release of four areas totalling 1 100 km2 via competitive tender as part of Queensland’s annual exploration programme. 

Goal driven and competitive South African manufacturing can up the stakes in global competitiveness

     28th March 2018 Manufacturing Indaba, the foremost Manufacturing event in sub-Saharan Africa and with its strategic partners, the dti and the Manufacturing Circle has grown exponentially, and now in its 5th year, is considered to be the leading manufacturing business platform. Manufacturing Indaba has relocated... 

Champion to send off first shipment of up to 200 000 t high-grade iron-ore

By: Henry Lazenby     27th March 2018 Canadian miner Champion Iron Ore announced on Tuesday that preparations for the first shipment of high-grade iron-ore from subsidiary Quebec Iron Ore’s (QIO’s) Bloom Lake mine, in Quebec, are under way, following the arrival of the MV Magnus Oldendorff at the Port of Sept-Îles. The Montreal,... 

Indian iron-ore production and imports to rise in current FY

By: Ajoy K Das     26th March 2018 Indian iron-ore production during the current financial year is expected to have grown over the previous year, and imports too are showing tentative signs of a rise. According to preliminary government data, total iron-ore production is expected to be 210-million tons at the end of March, growth... 

Transnet renews manganese contract with South32

By: Marleny Arnoldi     22nd March 2018 State-owned Transnet and diversified miner South32 on Thursday signed a seven-and-a-half-year manganese export capacity allocation (Meca) contract, allowing for the transportation of 2.6-million tonnes a year of export manganese and realising almost R10.4-billion in total value for Transnet.  

Lenders to Glencore-led Australian coal port agree to 8-yr extension – sources

By: Reuters     22nd March 2018 Lenders to Queensland's debt-laden Wiggins Island Coal Export Terminal have agreed to extend about $3-billion due on an outstanding loan for eight years, a lifeline to owners who would have had to repay the hefty debt from September, two sources told Reuters. "There is a structure on the table... 

China iron-ore, steel extends losses as lofty China inventories weigh

By: Reuters     20th March 2018 Chinese iron-ore prices fell further on Tuesday, a day after posting their biggest daily drop in almost ten months as high inventories and a weak domestic steel market pressure prices. Near-term inventory risks have dampened the outlook for steel and iron-ore prices short term, Argonaut said in a... 

Birimian reports cost savings at Mali lithium project

By: Esmarie Swanepoel     20th March 2018 Lithium hopeful Birimian has reported a number of cost cuts at its Goulamina project, in Mali, following the optimisation of the prefeasibility study (PFS). Birimian on Tuesday reported that transport and handling costs have reduced by an estimated 47%, from $187/t to $100/t, while power costs... 

Intermin reports maiden resource at Richmond

By: Esmarie Swanepoel     20th March 2018 Junior explorer Intermin Resources has announced a resource of 2.5-billion tonnes, grading 0.32% vanadium pentoxide for its Richmond project, in Queensland, making it one of the largest vanadium deposits in the world. The company noted that the resource remained open in all directions and was... 

Weatherly narrows interim loss

By: Simone Liedtke     19th March 2018 With a continuing upward trend in the copper price in 2017, Namibia-focussed Weatherly International narrowed its loss for the six months to December 31 to $5.9-million, compared with a loss of $11.2-million in the six months to December 2016. Revenue after royalties for the six-month period as... 

Angolan railway and port restarts exporting minerals after 30 years of disruption

By: Rebecca Campbell     16th March 2018 The export of minerals from the interior of south central Africa through the port of Lobito in Angola, by means of the Benguela Railway (Caminho de Ferro de Benguela – CFB) restarted during the first week of this month. This marked the resumption of a service that was disrupted more than 30 years... 

Atlas adds manganese to shipping mix as part of diversification strategy

By: Esmarie Swanepoel     12th March 2018 Iron-ore miner Atlas Iron has moved to affect its diversification strategy, finalising a manganese export agreement that will see the company export first product through the Utah Point within the next month. Some 100 000 t of manganese will be mined and crushed on a campaign basis by... 

New power line to keep OZ Minerals connected

By: Megan van Wyngaardt     9th March 2018 Copper/gold miner OZ Minerals on Friday unveiled its power strategy, which includes a new high voltage power transmission line to secure electricity for the Prominent Hill and Carrapateena mines, as well as any future developments in South Australia. “Infrastructure in the region does not support... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

     9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Transnet rejects claim of no significant mining-linked rail and port investment in 15 years

     9th March 2018 Anglo American South Africa deputy chairperson Norman Mbazima argues that a revitalisation of South Africa’s rail and port networks will be key to ensuring a recovery in mining investment. Speaking at the Investing in African Mining Indaba, he lamented that he had not seen any significant rail... 

Anglo American renews shipping contract with Vuka Marine

By: Megan van Wyngaardt     8th March 2018 Global miner Anglo American has renewed its various full-time ocean freight contracts with local maritime company Vuka Marine. Under these freight contracts, Anglo American will transport bulk iron-ore and coal products, primarily from the Saldanha Bay port to its customers around the world. 

A$150m raised to accelerate New South Wales cobalt/nickel project

By: Mariaan Webb     8th March 2018 ASX-listed Clean TeQ has raised A$150-million in an underwritten institutional placement at A$1.15 a share to fund early works and long-lead items for the Sunrise nikel/cobalt/scandium project, in New South Wales. The company is pursuing an expedited development timetable to take advantage of... 

Korab lowers Winchester capex in updated PFS

By: Anine Kilian     7th March 2018 ASX-listed Korab Resources has estimated the capital costs for its Winchester magnesite project, in the Northern Territory, at between $2.4-million and $2.5-million. In a prefeasibility study (PFS) update for the project on Wednesday, the company said that that study results showed that main... 

Auroch acquires South Australia zinc projects

By: Schalk Burger     6th March 2018 JOHANNESBURG (miningweekly.com) – ASX-listed Auroch Minerals on Tuesday announced that it had acquired 90% of the Arden and 100% of the Bonaventura zinc projects, in South Australia. “The Arden project and Bonaventura project comprise a substantial zinc, lead and copper play supported by... 

Celsius aims to bring Namibia's first cobalt mine to production by 2020

By: Reuters     5th March 2018 Australia's Celsius Resources, which has made Namibia's first cobalt discovery, is aiming to start production from the remote mine in 2020, the company's managing director said. Cobalt is a key component in rechargeable lithium-ion batteries used in the surging electric car market but most of it... 

New Century Resources appoints EPC contractor for zinc plant

By: Megan van Wyngaardt     5th March 2018 ASX-listed New Century Resources has contracted Sedgman as its engineering, procurement and construction (EPC) contractor, while selecting Ausenco as preferred bidder for the complete refurbishment and commissioning of operations associated with the Century zinc processing plant, slurry pipeline... 

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