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Mustang Resources finds more high-grade vanadium at Moz project

8th June 2018 Emerging multicommodity miner Mustang Resources’ latest assay results for the Caula vanadium/graphite project in northern Mozambique continue to underpin a strong economic outlook for the project, with the miner noting that a maiden vanadium resource is due soon. Mustang Resources announced last... 

SSC Flaming secures R190m IDC loan to revive Lily, Barbrook mines

By: Simone Liedtke     3rd April 2018 Empowerment company SSC Flaming Silver has received approval for a R190-million loan facility from the Industrial Development Corporation (IDC), which will assist it in restarting the Lily and Barbrook mines, in Barberton, Mpumalanga. The loan is subject to a number of conditions precedent and to... 

Mantashe not intent on scrapping Mining Charter 3

By: Anine Kilian     20th March 2018 Mineral Resources Minister Gwede Mantashe on Tuesday stressed the importance of tackling key aspects of the third iteration of the Mining Charter (Mining Charter 3) with urgency and speed. Addressing media at a press briefing, in Pretoria, he said government was not going to start the Mining... 

Andrew Mentis Expanded Metal Products Increase Safety

19th March 2018 On-site safety remains a major focus for all industries. While slips, trips and falls can be attributed to a number of factors, inadequately designed and manufactured walkways remain a primary contributor to on-site accidents. According to Lance Quinlan, national technical sales consultant at... 

ARM's Motsepe predicts successful charter, land outcomes 

By: Martin Creamer     16th March 2018 The executive chairperson of diversified black-controlled mining company African Rainbow Minerals (ARM), Patrice Motsepe, on Friday expressed the firm conviction that South Africa was in the process of reinforcing its position as a competitive mining destination through a positive Mining Charter... 

Planning commission outlines case for Eskom split in new energy document 

By: Terence Creamer     23rd February 2018 The National Planning Commission (NPC) has released a new discussion document on the energy sector, which reinforces the National Development Plan’s (NDP’s) “explicit” requirement for the system operations, planning, power procurement, purchasing and contracting functions within Eskom to be... 

BC extends provincial flow-through tax credit for a year; resumes fight against Canadian oil

By: Henry Lazenby     21st February 2018 The British Columbia provincial government has released its Budget 2018 plan, confirming that the provincial flow-through exploration tax incentive will be extended for another year until the end of this year. The mining flow-through share programme is seen as critical to reinforcing the... 

Canadian miners welcome new federal business ethics ombudsman

By: Henry Lazenby     18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... 

Why Verderflex hoses outlast competitor hoses.

16th January 2018 Why do some hose pumps have short hose life and what unique features does Verderflex have that offer extended hose life beyond that of our competitors? Hoses fail for one main reason: fatigue.  “Although there can be many reasons for a hose to failure, fatigue is one of the main seasons. Speed,... 

Greatland shares in free fall on Newmont's exit from Australia project

By: Mariaan Webb     15th January 2018 Shares in Aim-listed junior Greatland Gold fell sharply on Monday, as the precious and base metals firm announced that Newmont Mining had pulled out of the Ernest Giles project, in Western Australia. Greatland said in a market announcement that Newmont would not be proceeding with the Ernest... 

Eighth high-value Angolan diamond discovered

15th December 2017 Australian diamond mining and exploration company Lucapa Diamonds’ Lulo mine, in Angola, delivered pleasing diamond recoveries in November, on the back of the eighth discovery larger than 100 ct at the mine, reinforcing a strong performance from its operations in October, states MD Stephen... 

Rio picks Thompson for chairperson as investors target discipline

By: Bloomberg     4th December 2017 Rio Tinto named industry veteran Simon Thompson as chairman after shareholders rejected a plan to install a renowned dealmaker -- reinforcing an industry-wide investor drive for higher returns and caution over project spending. Thompson, 58, a Rio director since 2014 and previously an executive... 

Tradecore Steel Enters Third Year Of Operation

8th November 2017 Local steel trading company’s growth shows there is no substitute for experience and expertise. November 2017 marks two full years of operation at TradeCore Steel (Pty) Ltd, a privately-owned steel trading and distribution company based in Wadeville, Gauteng. 

Rio creates new commercial role

By: Esmarie Swanepoel     6th November 2017 Mining major Rio Tinto has appointed Simon Trott as its chief commercial officer (CCO), reinforcing the miner’s focus on driving value across the business. Trott, who is currently the salt, uranium and borates MD, will report directly to the company’s CEO and will form part of Rio’s executive... 

Northam initiates R100m tailings retreatment project 

By: Martin Creamer     28th August 2017 A new R100-million tailings retreatment project has been initiated by platinum-mining company Northam at its Booysendal South asset, acquired from Aquarius Platinum. The project, which involves hydromining and the reprocessing of the of the Booysendal South tailings storage facility (TSF), aims... 

Peak announces Ngualla optimisation study results

By: Esmarie Swanepoel     28th August 2017 ASX-listed rare earths developer Peak Resources has flagged improved economics at its planned Ngualla project, in Tanzania, on the back of a process optimisation study. The company on Monday told shareholders that process optimisation study had increased production from the 28 300 t/y of mineral... 

Alrosa reaffirms investments in projects in Angola, at home

By: Keith Campbell     14th July 2017 Russian diamond miner Alrosa has reaffirmed its confidence in the future of diamond mining in Angola. “We see a lot of potential in our infrastructure projects, including those in Angola,” stated Alrosa president Sergey Ivanov at the groups’ Annual General Meeting (AGM) at the end of last month.... 

World energy investment drops for second consecutive year

By: Creamer Media Reporter      11th July 2017 Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the International Energy Agency's (IEA’s) latest ‘World... 

Monster Lake project partners Iamgold, TomaGold trace bonanza grades

By: Henry Lazenby     7th July 2017 Exploration partners Iamgold and TomaGold have reported bonanza grades at the Monster Lake gold project, located 50 km southwest of Chibougamau, in Quebec. Toronto-based Iamgold, which is earning a 75% interest in the project, on Thursday reported results from the final 14 holes of the winter... 

Funding dearth, restrictive laws and lack of leadership from govt stifling SA junior miners

By: Dylan Slater     30th June 2017 The junior mining sector in South Africa has “huge potential” to grow and re-establish itself in the domestic mining environment; however, this potential is being blunted by a lack of funding, restrictive legislation and a lack of leadership from the Department of Mineral Resources (DMR) and... 

Funding dearth, restrictive laws and lack of leadership from govt stifling SA junior miners

By: Dylan Slater     30th June 2017 The junior mining sector in South Africa has “huge potential” to grow and re-establish itself in the domestic mining environment; however, this potential is being blunted by a lack of funding, restrictive legislation and a lack of leadership from the Department of Mineral Resources (DMR) and... 

Structural supply side changes, growing demand support rising vanadium prices

By: Henry Lazenby     1st June 2017 Surging vanadium prices so far this year are underpinned by structural supply side changes and stable, growing demand from most end uses, analysis by independent market intelligence firm Roskill has found. Since falling to a 12-year low of $13.5/kg of ferrovanadium in the fourth quarter of 2015,... 

AMSA insists 12% hot-rolled-coil safeguard won’t translate into abrupt price hike

By: Terence Creamer     15th May 2017 Steel producer ArcelorMittal South Africa (AMSA) insists that the institution of a 12% safeguard duty on hot-rolled coil (HRC) from July 1 will not result in a commensurate rise in domestic prices for the primary-steel product, owing to a pricing agreement with government that regulates the... 

Classic finds solutions for Forrestania

By: Esmarie Swanepoel     10th April 2017 Junior Classic Minerals is advancing work on its Forrestania gold project, in Western Australia, and on Monday announced a toll treatment agreement. The company said it had secured toll treatment with the Lakewood processing plant, owned by Golden Mile Milling. 

Slag use in building system offers multiple benefits

31st March 2017 Alternative construction system company Moladi has developed a means of incorporating mine slag into its Moladi mix, offering mining companies a viable method for recycling their waste material and reduced construction costs when developing mine-site accommodation. Moladi founder and CEO Hennie... 

DA to ask public protector to investigate Eskom acting CEO’s R1bn deals to stepdaughter 

By: African News Agency      27th March 2017 The Democratic Alliance will ask Public Protector Busisiwe Mkhwebane to launch an investigation into Eskom acting CEO Matshela Koko for allegedly awarding tenders worth R1-billion to Impulse International, a company of which his stepdaughter is a director, the party said on Sunday. “Impulse... 

New Bill on way to boost State involvement in mining

By: Martin Creamer     10th February 2017 A new Bill is to be presented to the South African Parliament to strengthen the State’s role in the industry, currently dogged by legislative, regulatory and administrative tensions between government, business and labour. The Mining Company of South Africa Bill will be presented to Cabinet and... 

Mining won’t be bullied into submission – Froneman 

By: Martin Creamer     7th February 2017 South Africa’s mining industry will not be bullied and beaten into submission and all stakeholders have a role to play to improve the South African situation, Chamber of Mines (CoM) VP and Sibanye Gold CEO Neal Froneman said on Tuesday. Speaking assertively at the Investing in African Mining... 

Downturn allows for focus on research, design enhancement

By: Nadine James     3rd February 2017 Agitator and pump manufacturer AFX Mixing and Pumping Technologies, a division of AFX Holdings, has used the mining downturn to focus on its research and development (R&D) initiatives. AFX director and pumps specialist Toby Frostwick says while the company’s commitment to its R&D outcomes and... 

TSX notches small gain as materials stocks rise

By: Reuters     23rd December 2016 Canada's main stock index edged higher in morning trade on Friday as materials stocks led a broad but shallow rally and some heavyweight financial shares slipped. At 10:07 am ET, the Toronto Stock Exchange's S&P/TSX composite index was up 23.84 points, or 0.16%, at 15 359.07. It is on track for... 

As competition for streaming deals intensifies, Silver Wheaton willing to step back, look to consolidate

By: Henry Lazenby     17th December 2016 The pioneer and largest proponent of the precious metals streaming model is willing to step back from current frenzied activity by several new market entrants, each vying to get a foot in the door. “To quote one of the bankers: ‘they [new market entrants] have a very strong need to transact’,”... 

Iron-ore’s party gives way to hangover as China stockpiles surge

By: Bloomberg     21st November 2016 For iron-ore, it is the morning after the night before. Prices have given up most of the gains inspired by Donald Trump’s surprise win and a speculative frenzy in China, with a surge in port stockpiles in the top user reminding investors that fundamentals still count. “The speed of the recent... 

Tradecore Steel Milestone: Celebrating 1 Year Trading

2nd November 2016 01 November 2016 marks the first 1st anniversary for TradeCore Steel. Tradecore Steel has grown from a small trading facility to an internationally recognized supplier of steel products. TradeCore Steel (Pty) Ltd opened its doors as a privately-owned steel trading and distribution company in... 

Glen Eagle subsidiary acquires additional land in Honduras to expand gold processing plant

By: Anine Kilian     7th October 2016 TSX-listed Glen Eagle Resources has acquired 15 000 m2 of land to expand its gold processing plant in Choluteka, Honduras. The company announced on Thursday that its wholly owned subsidiary Cobra Oro had bought the land, enabling the subsidiary to acquire its own free trade zone, reinforcing its... 

Fall-of-ground accident study, commodity improvement, local continuous miner debuts

By: Martin Creamer     30th September 2016 Risk-based support design methodology is being imparted to rock engineering practitioners in the platinum sector; a better commodity environment is being discerned; and a new local continuous miner for trhe coal industry is being introduced. 

SA’s cost-of-doing-business ranking badly down – Chamber

By: Martin Creamer     20th September 2016 South Africa has plummeted to an abysmally low level in the World Bank’s 160-country cost-of-doing-business rankings. On the bank’s Doing Business scale, which measures the fitness of a country’s economy to grow and compete, South Africa has tumbled 15 notches since 2007, from position number 58,... 

Murray & Roberts Cements Leading Position In Mining Infrastructure

19th September 2016 Murray & Roberts Cementation has completed another milestone project for leading South African coal miner, Sasol Mining. It took Murray & Roberts Cementation one year to excavate, support and equip a 1 500 ton underground bunker and box front with its associated infrastructure at Impumelelo mine.... 

Siemens Integrated Drive Solutions 

12th September 2016 Some of the innovations that will be presented at the event include integrated drive systems, couplings, automation systems and motors, including the demonstration of the newly launched process automation mobile unit outside Hall 7. 

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