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Minerals Council South Africa’s Response To The Publication Of The Mining Charter:

3rd October 2018 Welcomes The Publication Of The Mining Charter And Broadly Supports Its Intentions And Content Following the gazetting of the Mining Charter by the Minister of Mineral Resources on 27 September 2018, the Minerals Council has reviewed the document and provides its initial response below. The... 

MCSA to engage Mantashe on ‘unresolved’ issues in Mining Charter 3

By: Nadine James     3rd October 2018 The Minerals Council South Africa (MCSA) has resolved to further engage Mineral Resources Minister Gwede Mantashe on “unresolved” issues in Mining Charter 3, which was gazetted on September 27. These unresolved issues include the limited applicability of continuing consequences of past... 

Norway to lift grid tariffs and halve discounts for big consumers by 2021

By: Reuters     1st October 2018 Norway's Statnett will lift electricity grid tariffs by 9% in 2019 and halve the discounts granted to its most power-intensive consumers within three years, it said in a statement on Monday. The grid operator is changing its tariff models in order to pay for investments in Norway's distribution... 

DRA Global confirmed as preferred EPCM contractor for Colluli

By: Tasneem Bulbulia     27th September 2018 Danakali has, on behalf of the Colluli Mining Share Company (CMSC), confirmed DRA Global as the preferred engineering, procurement and construction management (EPCM) provider for the Colluli potash project, in Eritrea. This represents another critical milestone for the project, reinforcing that... 

Vitaglass - ‘reinforcing’ the trend toward maintenance-free, glass fibre reinforced gratings

13th September 2018 For nearly 80 years, Vital Engineering has been providing clients across various industry sectors – from food and beverage, marine exploration, minerals sands processing, architectural, construction, petrochemical, mining, and power generation – with a range of products. This comprises non-slip... 

Zest WEG Group achieves Level 1 BBBEE status

By: Simone Liedtke     12th September 2018 Motors and controls manufacturer WEG’s subsidiary, Zest WEG Group, on Wednesday announced that it has achieved Level 1 status under the Broad-Based Black Economic-Empowerment (BBBEE) Codes of Good Practice. The achievement follows just over a year after Zest WEG reached Level 2 status, in... 

India-US dialogue to set outline for Indian crude oil imports from Iran

By: Ajoy K Das     5th September 2018 The Indian government will not totally halt crude oil imports from Iran, but will likely show flexibility on volumes of inward shipment as a nuanced stance at the US-India bilateral engagements starting Wednesday. The Indian government reckons that this willingness to reduce crude volume imports... 

Diamond sector must do more to tackle transparency challenge – rights groups

By: Anine Kilian     31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... 

Diamond sector must do more to tackle transparency challenge – rights groups

By: Anine Kilian     31st August 2018 The diamond industry continues to be tainted by links between diamonds and human rights abuses, conflict finance and corruption. This is according to Global Witness conflict resources campaign leader Michael Gibb, who notes that, although the diamond industry is not the only sector facing these... 

Alt eyes future production

By: Esmarie Iannucci     10th August 2018 Mineral explorer Alt Resources on Friday told shareholders that the potential for near-term gold production existed within the tailings dam operations at the Bottle Creek project, in Western Australia. Preliminary testing on the Bottle Creek tailings dams have estimated an average grade of 0.16... 

New shaft at GoldStone’s Akrokeri will allow access to historic high-grade gold mine

By: Simone Liedtke     10th July 2018 A new shaft is being sunk at Aim-listed GoldStone Resources’ Akrokeri-Homase gold project (AKHM), in Ghana, to a target depth of 30 m. The Norton shaft will allow access to the historic high-grade Akrokeri underground gold mine, one of two previously producing operations at AKHM, to enable the... 

BlueRock lifts Kareevlei production by 81% y/y in H1

By: Nadine James     6th July 2018 Aim-listed BlueRock Diamonds’ Kareevlei diamond mine, in Kimberley, in the Northern Cape, achieved “good” production during the second quarter, contributing to an 81% year-on-year increase in tonnes processed to 73 028 t for the first half of this year. Revenue per tonne processed amounted to $7.76. 

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 Iannucci     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 Iannucci     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 Iannucci     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... 

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