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Topic

On-The-Air (21/09/2018) 

By: Martin Creamer     21st September 2018 Japan is forecasting a massive market for fuel cells that use South African platinum; South African company Isondo this week reported that it is at the ready to produce fuel cell components locally; and Global commentators this week called on resource-rich African countries to use their wonderful... 

CNN-flighted advert projecting huge growth for platinum-using fuel cells

By: Martin Creamer     18th September 2018 French company Air Liquide, a member of the Davos-launched Hydrogen Council that includes platinum-mining company Anglo American, is currently flighting an advertisement on the global television network CNN, which forecasts exceptional growth for the hydrogen and fuel cell market. Quoting the... 

Nexa says to invest $1.17bn in Peru, Brazil in five years

By: Reuters     17th September 2018 Brazilian mining company Nexa Resources plans to invest some $1.17-billion in copper and zinc projects in Peru and Brazil over the next five years, the company's general manager Ricardo Porta said on Friday. About $816-million will be invested in Peru, including $555-million in copper projects... 

Greater emphasis on safety at Konkola

By: Paige Müller     14th September 2018 Diversified miner Vedanta Resources is strengthening its focus on safe production at its subsidiary Zambia-based integrated copper producer Konkola Copper Mines (KCM) through the implementation of its Safety Stand Down campaign. Vedanta’s campaign was launched by KCM CEO Deshnee Naidoo in July to... 

Norsk Hydro working to convince Brazil to resume full output at Alunorte refinery

By: Reuters     6th September 2018 Norsk Hydro is working to convince Brazilian authorities to allow it to resume full output at its Alunorte plant, the world's biggest alumina refinery, following two deals pledging social and environmental action, a top executive said. The deals, signed late on Wednesday in Brazil, were "an... 

Thakadu starts construction on nickel sulphate purification plant

By: Creamer Media Reporter      5th September 2018 Thakadu Battery Materials on Wednesday officially marked the start of construction of its R250-million nickel sulphate purification plant at platinum miner Lonmin's Base Metals Refinery, in the North West province. All major equipment has been ordered and key contracts awarded, including modular... 

Alcoa braces for alumina strike vote in Western Australia

By: Reuters     4th September 2018 A vote by striking workers at Alcoa's giant west Australian operations will close on Thursday, with the union anticipating a strong "no" vote that could prolong the four-week old strike. Around 1 500 workers at three alumina refineries and two bauxite mines in Western Australia state walked out... 

Crosible Filtration

30th August 2018 Esablished in 1996, Crosible Filtration celebrates 22 years of supply and service excellence and is proudly ISO 9001:2015 certified.   Crosible Filtration supplies custom-manufactured press cloths to the following industries: coal washing plants, mineral dewatering, gold and platinum concentrate,... 

Ghana opposition seeks IMF view on $2bn Chinese Bauxite deal

By: Reuters     24th August 2018 Ghana's opposition in parliament wants the International Monetary Fund (IMF) to decide whether a $2-billion Chinese deal agreed by the government in exchange for bauxite will add to the country's debt burden, it said on Thursday. Under the deal, approved by Ghanaian lawmakers last month, China's... 

India’s OVL and Sudan seek to settle default payments through fresh talks

By: Ajoy K Das     20th August 2018 ONGC Videsh Limited (OVL), the overseas arm of India’s national oil, gas exploration and production major ONGC, has agreed with the Sudan government to work out a mechanism to settle the $400-million outstanding dues of the Indian oil company. The decision to find a solution through negotiations... 

Miner looks to meet Southern Africa’s zinc deficit

By: Erin Steenhoff-Snethlage     17th August 2018 While the zinc industry is poised to have a structural deficit until 2022, diversified miner Vedanta Resources' Vedanta Zinc International (VZI) is well positioned to meet the needs of South African zinc users, says VZI and Vedanta Resources Africa Base Metals CEO Deshnee Naidoo. “The feasibility... 

Neometals to separately list titanium and vanadium business

By: Esmarie Swanepoel     16th August 2018 The board of ASX-listed Neometals has approved the demerger of the Barrambie titanium/vanadium project, in Western Australia, along with the associated technology assets, into a newly listed company. Neometals told shareholders on Thursday that the move would allow the company and the newly... 

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... 

New silver bullion Krugerrand goes on sale

By: Creamer Media Reporter      7th August 2018 The new silver bullion Krugerrand went on sale this week and is expected to generate significant interest, says Prestige Bullion, a joint venture between Rand Refinery and the South African Mint. The silver Krugerrand is Prestige Bullion’s first foray into silver and its introduction makes this... 

More northeast China cities cancel alumina projects amid public backlash

By: Reuters     6th August 2018 Four more cities in northeast China's Liaoning province have abandoned their pursuit of alumina projects amid public environmental concerns, after Chaoyang last week scrapped plans to build the world's biggest alumina refinery. The new cancellations - announced in recent days by the cities of... 

Vedanta delivers strong Q1 Ebitda

By: Simone Liedtke     6th August 2018 Diversified miner Vedanta Resources on Monday announced that it had delivered strong earnings before interest, taxes, depreciation and amortisation (Ebitda) and drove steady margins in the first quarter of the 2019 financial year. The margins, the miner highlighted, were driven by record volumes... 

Rio Tinto granted chain of custody certification by ASI

By: Marleny Arnoldi     27th July 2018 Anglo-Australian miner Rio Tinto has been granted chain of custody certification by the Aluminium Stewardship Initiative (ASI). Rio Tinto is the first mining and metals company to be granted this certification, which means the company will be the only one selling aluminium that customers can be... 

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... 

Rio Tinto renews commitment to Quebec aluminium operations

By: Esmarie Swanepoel     26th July 2018 PERTH (miningweekly.com) – Diversified miner Rio Tinto has struck a renewed partnership agreement with the government of Quebec, which the miner said would strengthen its aluminium assets in the region. The new agreement supersedes one that was signed in 2006, and will run until 2025. The... 

IRS to become a division of Impala Platinum

By: Marleny Arnoldi     25th July 2018 Impala Platinum Holdings (Implats) subsidiaries Impala Platinum and Impala Refining Services (IRS) have entered into a sale of business agreement for Impala to acquire the metal purchase and toll refining operations of IRS for R8-billion. IRS is now a division of Impala, rather than a standalone... 

Karo officially launches Zimbabwe platinum project

By: Anine Kilian     24th July 2018 Zimbabwe and platinum producer Karo Platinum on Tuesday officially launched the Karo platinum project, in Chegutu, Zimbabwe.  “We are excited about partnering with Zimbabwe and its people in building a long-term and sustainable business. Zimbabwe has an extraordinary metal and mineral endowment... 

Norsk Hydro says unclear when will resume full output at Brazil alumina refinery

By: Reuters     24th July 2018 Aluminium producer Norsk Hydro said it was unclear when it would resume full production at its Alunorte alumina refinery in Brazil, the world's largest, as the firm on Tuesday reported second-quarter earnings in line with forecasts. Norway's Hydro was ordered in February by Brazilian authorities... 

Fluor Chosen for Conceptual Study for Sasol’s Clean Fuels and Octane Program in South Africa

By: Creamer Media Reporter      23rd July 2018 IRVING, Texas and WOODMEAD, South Africa (July 23, 2018) – Fluor Corporation  announced today that it was awarded the front-end loading engineering (FEL) for the Secunda Clean Fuels Baseline Improvement Basket of Projects by Sasol South Africa (Pty) Ltd. Fluor signed the contract in the second... 

Electricity interruptions impact on Sasol’s FY18 production performance

By: Marleny Arnoldi     20th July 2018 Several unplanned electricity supply interruptions and two internal outages at its Secunda synfuels operations, resulted in lower production volumes for petrochemicals group Sasol for the financial year ended June 30. In a trading update published on Friday, the company said its earnings before... 

Guinea's mining minister says there will be Simandou deal, talks go on

By: Reuters     18th July 2018 Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining minister said on Tuesday, adding he was confident an agreement would be reached. Rio Tinto said in October 2016 said it had signed an outline agreement to sell its major stake... 

Rand Refinery, South African Mint introduce 1 oz silver Krugerrand

By: Creamer Media Reporter      11th July 2018 Prestige Bullion, a joint venture between Rand Refinery and the South African Mint, will, from August 1, sell 1 oz silver bullion Krugerrands. The silver Krugerrand will be produced in unlimited mintage, dependent on market appetite and linked to the daily price of silver. 

Cabinet’s failure to consider IRP threatens mid-August deadline

By: Terence Creamer     5th July 2018 South Africa’s Cabinet did not deliberate on the Integrated Resource Plan (IRP) at its most recent fortnightly meeting, potentially threatening Energy Minister Jeff Radebe’s self-imposed mid-August deadline for finalising the long-awaited update to the electricity generation plan. Communications... 

Emirates Global Aluminium signs bauxite supply contract with Vedanta

By: Marleny Arnoldi     4th July 2018 Industrial company Emirates Global Aluminium (EGA) has signed an agreement to supply metals miner Vedanta Limited with bauxite from its mining operation in Guinea from 2019.  

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... 

Sunrise illuminates Clean TeQ value

By: Esmarie Swanepoel     25th June 2018 The Sunrise cobalt/nickel project, in New South Wales, is expected to deliver some $14-billion in revenue over its first 25-year mine life, ASX- and TSX-listed Clean TeQ reported. A definitive feasibility study (DFS) found that the project would generate an average annual earnings before... 

China kindling hope of accelerated use of platinum fuel cells to clean world’s air

By: Martin Creamer     22nd June 2018 The corridors of mining power are abuzz with reports of quick steps being taken by China to introduce platinum-catalysed hydrogen fuel cells at scale. Heavy fuel cell vehicles are being rapidly produced and the necessary hydrogen filling-station infrastructure provided, stimulated by 100%... 

Rusal starts shipping bauxite from Guinea's Dian-Dian mine

By: Reuters     19th June 2018 Sanctions-hit Russian aluminium producer Rusal said on Tuesday it had started shipping bauxite from its Dian-Dian bauxite project in Guinea to its alumina refineries in other countries. Rusal, the world's largest aluminium producer outside China, has been hit by US sanctions imposed on it and... 

New research could unlock Qld bauxite

By: Esmarie Swanepoel     15th June 2018 The Queensland government will provide A$180 000 over the next three years, to fund a research project to develop an innovative mining process that could unlock massive, previously untapped, bauxite deposits in North Queensland, within the next five years. The research is a collaborative project... 

Fortune may defer Saskatchewan metals processing plant

By: Mariaan Webb     14th June 2018 Project developer Fortune Minerals may defer its planned metals processing plant near Saskatoon, Saskatchewan, and may opt to sell concentrates from the flagship Nico mine directly to third parties, the company said on Thursday. The London, Ontario-based company has approval for a $200-million... 

Germany's Heraeus to open $100m precious metals recycling plant in China

By: Reuters     14th June 2018 German technology group Heraeus will open a precious metals refinery and recycling plant in China in September to take advantage of the country's rising demand for platinum group metals. Heraeus has invested almost $100-million in the facility in Nanjing covering 84 000 square metres, which will... 

Tharisa expands its presence in Zim with acquisition of Karo stake

By: Simone Liedtke     13th June 2018 JSE-listed Tharisa has acquired a 26.8% shareholding in Karo Mining Holdings for $4.5-million. Karo Mining, in March, reached an agreement with the Zimbabwe government to establish a platinum group metals (PGM) mine, concentrators, smelters, a base metal and precious metals refinery and power... 

Russian federal agencies give go-ahead for second Eurasia Mining project

By: Marleny Arnoldi     13th June 2018 Aim-listed platinum group metals (PGM) and gold miner Eurasia Mining has received approval from the Russian Federal Securities Board and the Ministry of Defence for its Monchetundra project, in the Kola Peninsula.  

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