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Tshepong operations, South Africa

By: Thabi Madiba     19th January 2018 An operation mining gold and by-products of silver and uranium near Welkom in the Free State, South Africa, about 248 km from Johannesburg. 

Cloud Peak to export US coal to new power plants in Japan

By: Reuters     17th January 2018 US miner Cloud Peak Energy said on Tuesday it will export coal from a Montana mine for 30 to 40 months to two new power plants in Japan with shipments that could start late next year. The coal from Montana's Spring Creek Mine will be carried by rail to Vancouver and then sent by ship for... 

Rio Tinto maintains fourth-quarter guidance across the board

By: Anine Kilian     16th January 2018 Global miner Rio Tinto reported on Tuesday that it had met its iron-ore shipment guidance for the three months ended December 31, 2017, noting a 1% rise in shipments for the year to 330.1-million tonnes. "The business performed well in the fourth quarter and we finished the year in line with... 

Creamer Media wows market with combined subscription offer

By: Creamer Media Reporter      11th January 2018 Creamer Media’s Research Channel Africa is a powerful information tool, providing real-time intelligence on industry and mining developments in Africa. Publishing Editor, Martin Creamer urges readers to “make a smart choice for 2018 and take up Creamer Media’s combined subscription offer”.  This... 

CMTI Group gears up to supply gold, platinum mines

By: Megan van Wyngaardt     9th January 2018 Mining equipment and machinery supplier CMTI Group, which started operations at its Gauteng-based factory last year, aims to raise $20-million before the close of the first quarter of this year to increase its production capacity. Initial indications and expressions of interest from potential... 

Adani Australia port must refinance soon or face rating cut

By: Bloomberg     9th January 2018 An Australian deep water port linked to one of the world’s biggest planned coal mines should lock in refinancing within six months of a loan maturing in November to safeguard credit ratings on its debt, according to S&P Global Ratings. Adani Abbot Point Terminal in Australia’s Queensland state,... 

Africa development body, funds see opportunity in mining infrastructure

By: Reuters     22nd December 2017 With some mining companies increasingly reluctant to own outright the infrastructure that keeps their projects going, an African development institution is linking up with investment funds to help fill the gap. The Nigerian-based Africa Finance Corporation has already expanded its debt or equity... 

Fast-paced developments at Prieska benefit all stakeholders

By: Robyn Wilkinson     15th December 2017 Australian minerals explorer Orion Minerals’ activity at the Prieska zinc/copper mine present an “unparalleled” value creation opportunity for investors and shareholders while promoting and supporting critical socioeconomic development in the Northern Cape, says Orion Minerals MD Errol Smart.  

Queensland Premier vetoes NAIF funding for Carmichael project

By: Mariaan Webb     12th December 2017 Queensland Premier Annastacia Palaszczuk has followed through on her election promise to exercise the state’s veto over funding from the North Australian Infrastructure Facility (NAIF) for a rail link associated with the Carmichael coal mine. Palaszczuk, whose government was sworn in on... 

Resgen signs coal offtake agreement with Noble

By: Dylan Slater     11th December 2017 Coal miner Resource Generation’s (Resgen’s) Ledjadja Coal Limited (LCL) subsidiary has signed an offtake agreement with energy products company Noble Resources International for the supply of additional uncontracted coal to be produced at the Boikarabelo mine, in South Africa’s Waterberg region 

WA EPA recommends BHP’s Southern Flank for approval

By: Mariaan Webb     11th December 2017 Western Australia’s Environmental Protection Authority (EPA) has recommended diversified major BHP’s proposal to expand its Mining Area C iron-ore operations for environmental approval. The Southern Flank operation, about 100 km from Newman, will expand the existing Mining Area C hub and is BHP’s... 

Environmental permit bodes well for project financing

     8th December 2017 Iron-ore explorer and developer Zanaga Iron Ore Company (ZIOC) expects the environmental permit for its iron-ore project from the Republic of Congo’s ministry of environment to help attract finance to enable the valuable resource to be brought into production. A joint venture with natural... 

Company continues ramp-up of new iron-ore asset

By: Natasha Odendaal     8th December 2017 Industrial minerals, commodities and construction materials group Afrimat has successfully recommissioned its recently acquired iron-ore play, with full production on track for March 2018. The acquisition of the distressed small iron-ore mine, Diro, in the Northern Cape, had marked a new phase... 

Billionaire's mine financing hurdles fuel bondholder jitters

By: Bloomberg     7th December 2017 The Indian conglomerate Adani Enterprises is learning how one financing problem can lead to headaches for debt investors elsewhere as it tries to secure money for one of the world’s biggest coal mines. Three of China’s largest banks this week ruled out any involvement in financing the mine in... 

Tshipi Borwa manganese mine boosts Jupiter to R336-million interim profit

By: Schalk Burger     6th December 2017 South Africa’s Tshipi Borwa manganese mine provided ASX-listed Jupiter Mines with an interim profit of R336-million, while its Australian Mount Ida magnetite and Mount Mason direct shipping ore hematite projects remain under care and maintenance. “During the half-year period, the focus was on the... 

No opencut mining at Drayton South, but underground allowed

By: Mariaan Webb     1st December 2017 The New South Wales government on Friday announced that it would amend policies to ban opencut coal mining in the Hunter Valley, where a heated battle between horse stud owners and major miner Anglo American has been raging over the Drayton South coal project. The New South Wales government,... 

Illegal miners posing danger to residents – City of Joburg

By: Nadine James     1st December 2017 The ever-increasing trend of illegal miners using explosives near public infrastructure has seriously compromised the safety of residents and businesses, said City of Johannesburg communications specialist Virgil James. He explained that the City is concerned about the impending threat posed by... 

Ancuabe graphite project’s mineral resources increases by 59%

By: Megan van Wyngaardt     30th November 2017 The mineral resource at ASX-listed Triton Minerals’ Ancuabe graphite project, in Mozambique, has increased by 59% to 44-million tonnes, at an average grade of 6.6% total graphitic content (TGC). This follows a “highly successful” exploration and resource definition drilling campaign undertaken... 

Robots will run mines within the next decade, Anglo says

By: Bloomberg     29th November 2017 Some mines in the next decade will run without humans and instead rely on robots, virtual models and sensors, according to Anglo American. Anglo is betting on technology, such as computerized drills with "chiseling ability as good as a human" to increase productivity, cut costs and reduce... 

Prieska project to start production by 2020

By: Nadine James     29th November 2017 Dual-listed base metals miner Orion Minerals’ Prieska zinc/copper project could start production by 2020, says Orion MD and CEO Errol Smart. Addressing a media roundtable on Tuesday, he commented that the current project timeline envisages the completion of a Joint Ore Reserves... 

South32 okays R4.3bn project, eyes JSE for rejigged energy coal 

By: Martin Creamer     27th November 2017 Diversified mining and metals company South32 on Monday approved the R4.3-billion, 20-year Klipspruit life extension project at South Africa Energy Coal (SAEC), and at the same time set out to turn its South African energy coal business into a standalone entity, earmarked for further empowerment... 

Labor tipped to win Queensland majority as poll count continues

By: Bloomberg     26th November 2017 Premier Annastacia Palaszczuk’s Labor Party is favored to be returned to power in the Australian state of Queensland as counting continues following the weekend’s election that hangs in the balance. Analysts projected her party would win the highest number of seats, with the Australian... 

Company offers mine to market solutions

     24th November 2017 Combining concept-to-completion expertise with design and major project delivery capabilities for the minerals and metals sector, from bulk commodities to rare earths, professional services provider WorleyParsons offers its customers complete mine-to-market solutions from inception to... 

Rally behind Ramaphosa’s inspiring ‘New Deal’ speech

By: Martin Creamer     24th November 2017 Deputy President Cyril Ramaphosa made several crucial points in his highly significant ‘New Deal’ speech in Soweto last week. Delivered only week’s away from the important 54th National Conference of the African National Congress, the 'New Deal' speech has all the hallmarks of a blueprint for the... 

Resgen in talks with Noble for support extension

By: Natasha Odendaal     22nd November 2017 ASX- and JSE-listed Resource Generation (Resgen) is in discussions with Noble Resources International to extend its support to the coal company until April amid a prolonged funding gap. As Resgen has been working to secure an alternative funding source that is not linked to committed domestic... 

Adani still seeking govt loan for rail link

By: Mariaan Webb     22nd November 2017 India’s Adani has denied that it no longer needs a A$900-million loan from the North Australian Infrastructure Facility (NAIF) for its rail link associated with its Carmichael coal mine. Spokesperson Ron Watson said on Wednesday that Adani had held meetings with a wide-range of financiers for... 

Great Barrier Reef pitched against coal jobs in Queensland vote

By: Bloomberg     21st November 2017 The fate of Adani Group’s A$16.5-billion Australian coal mine hinges on weekend elections in Queensland state, as voters weigh the promise of new jobs against a potential environmental threat to the Great Barrier Reef. The Labor government has vowed to reject A$900-million in federal funding for... 

Mt Peake business case improved in updated feasibility study

By: Mariaan Webb     20th November 2017 An updated feasibility study and financial model for the Mount Peake vanadium/titanium/iron project in the Northern Territory have lowered capital costs and improved financial parameters, setting the stage for strategic metals company TNG to move ahead and secure project funding. The updated... 

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%... 

Resgen will have funding to commission Boikarabelo

By: Megan van Wyngaardt     15th November 2017 A proposed funding facility currently under negotiation is intended to provide the total funds required to complete the construction of Resource Generation’s (Resgen’s) Boikarabelo coal mine, in South Africa’s Waterberg region, to the point of commissioning, the dual-listed company said on... 

Research Channel Africa 

By: Creamer Media Reporter      15th November 2017 Creamer Media’s Research Channel Africa is a powerful information tool.  When your company subscribes to the Research Channel Africa, found at www.researchchannel.co.za , you will have access to real-time intelligence on industry and mining in Africa. At you finger tips, you will be able to... 

Target 2018's biggest events in your marketing plans

     14th November 2017 Creamer Media is a media partner for most of the important conferences and exhibitions on the 2018 events calendar. "Advertisers are urged to consider placements in those editions if your company has plans to exhibit at, or sponsor, any of our selected events," says Martin Creamer, Publishing... 

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... 

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... 

Call for better understanding of trackless mobile mining equipment regulations

By: Ilan Solomons     10th November 2017 Mechanisation of the South African mining sector is a major priority for all stakeholders. However, with the introduction of mechanised mining technologies come several new challenges, one of which relates to the brakes and in-service brake testing of trackless mobile mining (TMM) equipment, says... 

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... 

Afrimat continues ramp-up of new iron-ore asset Diro

By: Natasha Odendaal     2nd November 2017 Industrial minerals, commodities and construction materials group Afrimat has successfully recommissioned its recently acquired iron-ore play, with full production on track for March. The acquisition of the distressed small iron-ore mine, Diro, in the Northern Cape, had marked a new phase of... 

Arch equity rises on expanded share buyback plan; 12% higher revenue

By: Henry Lazenby     31st October 2017 The ongoing strength in coking coal pricing as well as overall strong performances from the Powder River Basin and other thermal business segments have conspired to lift US coal producer Arch Coal's third-quarter revenue 12% quarter-on-quarter. St Louis, Missouri-based Arch recorded revenues of... 

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