http://www.miningweekly.com
R/€ = 14.82 Change: 0.13
R/$ = 12.09 Change: 0.14
Au 1334.76 $/oz Change: -1.69
Pt 1014.00 $/oz Change: 0.99
 

Topic

India to allot Coal India 11 new mines to boost production by two-fifths

By: Reuters     19th January 2018 India will allow Coal India to build 11 new coal mines, the government said, a move that could increase annual production of the world's largest coal miner by two-fifths. The mines, in the eastern states of Odisha, Jharkhand and Bihar, are expected to operate at full capacity by 2022, Coal... 

Argentina energy producer Genneia weighs IPO

By: Reuters     18th January 2018 Argentine thermal and renewable energy producer Genneia will consider an initial public offering on the local or international stock market, the company said in a letter to the Buenos Aires stock exchange on Wednesday. The proposal will be discussed at a shareholders meeting on February 7, said... 

A new era of batteries spells trouble for gas in America

By: Bloomberg     12th January 2018 California, the state that helped birth the global boom in battery-toting electric vehicles, is trying to spark a similar transformation for utilities. And that spells trouble for power plants all across the U.S. that run on natural gas. The California Public Utilities Commission approved an... 

Liberty House makes binding offer for Rio Tinto's French aluminium smelter

By: Reuters     10th January 2018 Liberty House, the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance, said on Wednesday it had made a binding offer for miner Rio Tinto's, aluminium smelter in Dunkerque, France, the largest in Europe. The group did not disclose an offer price but said the move was part of a... 

Glencore sells Australian coal mine to Gupta's GFG Alliance

By: Reuters     2nd January 2018 Glencore has agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance for an undisclosed sum, the two companies said separately on Tuesday. The acquisition follows Gupta's purchase last year of the financially troubled... 

TNG commissions EMC to assess alternative power for mine

By: Megan van Wyngaardt     21st December 2017 Australian strategic metals company TNG has commissioned Energy Made Clean (EMC), a wholly-owned subsidiary of Carnegie Clean Energy, to assess alternative power options for its flagship Mount Peak vanadium-titanium-iron project, in the Northern Territory. EMC will conduct an alternative power... 

SP Angel outlines key 2018 trends as battery raw materials heat up

By: Creamer Media Reporter      21st December 2017 London-based brokerage SP Angel has outlined the key trends that characterised the basket of energy metals during 2017 and the the outlook for 2018 in its new ‘Battery Raw Material Review, Outlook – SP Angel Commodity Research Book’ published on Wednesday. The report pointed out that the... 

Miners to focus on M&A activity, sustainability in year ahead

By: Megan van Wyngaardt     18th December 2017 Nearly two-thirds, or 63%, of mining and metals respondents to the latest EY Capital Confidence Barometer (CCB) say they intend to pursue deals in the next 12 months, demonstrating a higher inclination to transact than the average across all industries (56%). The findings support the EY third... 

UK billionaire Gupta to form listed company with Atlantis Resources

By: Reuters     14th December 2017 Sanjeev Gupta's GFG Alliance has struck a deal with tidal power firm Atlantis Resources that marks the British billionaire's first step into the stock market. GFG Alliance, the $10-billion turnover consortium that runs metals group Liberty House and energy and commodities group SIMEC, said in a... 

Duterte coal tax will make costly Philippines power even pricier

By: Bloomberg     14th December 2017 Electricity prices in the Philippines, already among the highest in Southeast Asia, will probably rise after President Rodrigo Duterte signs legislation next week boosting taxes on coal, the nation’s main fuel for power plants. Semirara Mining and Power, a power generator that’s also the... 

Biggest Australian business lender to stop new coal mine funding

By: Bloomberg     14th December 2017 National Australia Bank (NAB) pledged to stop funding new thermal coal mine developments and boost lending to renewable energy projects as part of global efforts to tackle climate change. “While we will continue to support our existing customers across the mining and energy sectors, including... 

Separate stock exchange listing for Aura’s Sweden project

By: Mariaan Webb     13th December 2017 Dual-listed uranium and gold focused Aura Energy has started the process to list its Häggån project in Sweden separately on multiple international exchanges to “maximise the value of the battery metal content” of the project. The project contains vanadium, molybdenum, cobalt, neodymium, nickel... 

Cyril Ramaphosa calls for mining sector action 

By: Martin Creamer     11th December 2017 South Africa must urgently break the ongoing deadlock on the regulation and transformation of the mining sector to ensure the proper use of this country’s world-class mineral resources, says Deputy President Cyril Ramaphosa. In an article on the CR17 Siyavuma campaign website, ahead of this... 

Suncor submits applications to replace coke-fired boilers with 2 cogeneration plants

By: Henry Lazenby     6th December 2017 Canadian fossil energy company Suncor has launched applications with the Canadian Environmental Assessment Agency (CEAA) to replace coke-fired boilers with two cogeneration units at its oil sands Base Plant, which will add 700 MW of oil sands cogeneration. The plants will serve two purposes:... 

Rainbow ships first rare earths from Burundi mine

By: Anine Kilian     5th December 2017 LSE-listed exploration and development company Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project, in Burundi, making it Africa’s only rare earths producer. Gakara is one of the highest-grade rare earth element mining projects globally, with an... 

Newcrest agrees lower power tariff for Cadia, eyes renewable supply as long-term solution

By: Creamer Media Reporter      5th December 2017 Gold miner Newcrest has negotiated a lower electricity tariff for its Cadia operation, in New South Wales, which will assist in bringing down the New South Wales-based mine’s all-in sustaining costs to the lower-end of its $255-million to $295-million guidance range for the 2018 financial year.... 

The cobalt crunch for electric cars could be solved in suburbia

By: Bloomberg     1st December 2017 Almost 9 000 miles from the dusty Congo savanna, miners have hit on an entirely new source of cobalt – the rare mineral at the heart of the electric-car boom. And not only can they take coffee breaks, when they take a break, they can grab a doughnut at Tim Hortons. Scientists working for American... 

Renewables-heavy mix is South Africa’s cheapest option, yet another study confirms

By: Terence Creamer     1st December 2017 A new, independently produced techno-economic model of South Africa’s cost-optimal power generation mix in 2040 outlines a system where 69% of the electrical energy is produced from onshore wind and solar photovoltaic (PV) generators, supported by batteries and gas-fired generators. Conducted by... 

DFS lowers capital and operating costs of WA rare earths project

By: Mariaan Webb     28th November 2017 The definitive feasibility study (DFS) of the Yangibana rare earths project in Western Australia has significantly improved the capital cost requirements and operating cost estimates. The project, which has been assigned a ‘lead-agency project’ status by the state government, will require... 

MRC concludes scoping study on Western Australia's Munglinup project

By: Samantha Herbst     27th November 2017 Following its announcement last week that it had executed a farm-in and joint venture agreement to explore for graphite in Western Australia, ASX-listed explorer Mineral Commodities (MRC) announced Monday that it had completed a scoping study and produced the resultant preliminary economics to... 

Feasibility study boosts Lincoln’s Kookaburra Gully graphite project prospects

By: Megan van Wyngaardt     27th November 2017 A feasibility study has found in favour of developing what is likely to be Australia’s only operating graphite mine when construction and commissioning work begins towards the second half of next year. ASX-listed Lincoln Minerals on Monday announced the outcomes of the study, which focused on... 

BHP, Goldman hunt for energy fix amid remote banana plantations

By: Bloomberg     27th November 2017 The world’s biggest miner and Wall Street’s top-ranked merger firm are among the high-profile backers of a remote solar project nestled among banana crops in Australia’s far tropical northeast. For BHP Billiton, it’s a chance to unlock renewable technology for the global mining sector. As... 

Asian and Australian investors back Kvanefjeld capital raising

By: Mariaan Webb     24th November 2017 ASX-listed Greenland Minerals and Energy has received strong support from international institutional investors in a placement to raise A$10.25-million. The capital raising, in which Ashanti Capital acted as lead manager, was undertaken at an issue price of A$0.09 a share, representing a 21.74%... 

Qasim Abrahams

By: Martin Creamer     24th November 2017 This week Mining Weekly features Qasim Abrahams, VP Sales & Service Southern Africa, Metso Southern Africa, which supplies equipment, services and process knowledge to mining, from the pit to the handling of the end product 

Funding made available to advance Burkina Faso solar project

By: Megan van Wyngaardt     22nd November 2017 The Banque Internationale pour le Commerce, l’Industrie et l’Artisanat du Burkina (BICIAB), a BNP Paribas Group subsidiary, will provide $16.5-million in financing to Eren Renewable Energy for a 15 MW solar power plant that is under construction in Burkina Faso. The funding was granted to... 

Eskom’s ‘death spiral’ under the microscope 

By: Terence Creamer     21st November 2017 A major topic of discussion during recent public hearings into Eskom’s 2018/19 revenue application, was whether a further double-digit tariff hike could trigger a “utility death spiral”, whereby rising tariffs and utility costs spark an exodus of energy-intensive customers from the network,... 

Bushveld Energy and Partners Deploy Eskom's First Vanadium Redox Flow Battery

     21st November 2017 Bushveld Minerals Limited , a mineral project development company with a portfolio of vanadium and coal assets in Southern Africa and an investment in tin, is pleased to announce that its 84%-owned energy subsidiary, Bushveld Energy Limited ("Bushveld Energy") has confirmed its first vanadium... 

Catriona Beadel

By: Martin Creamer     17th November 2017 This week Mining Weekly features Catriona Beadel, founder and director of Young Mining Professionals UK, a networking and mentoring group 

Environmental activists to appeal enviro authorisation for proposed new nuclear power station

By: Megan van Wyngaardt     14th November 2017 Earthlife Africa Johannesburg, Greenpeace Africa and the Southern African Faith Communities’ Environment Institute (Safcei) have officially filed a notice informing the Department of Environmental Affairs (DEA) that they intend to jointly appeal the environmental authorisation for the... 

Alberta creates C$40m worker support fund as coal phase-out deadlines loom

By: Henry Lazenby     11th November 2017 The Alberta provincial government has announced a C$40-million worker transition fund to provide income support for employees transitioning from working in the fossil-fuel-rich Western Canadian province’s thermal coal mines and coal-fired power plants, to new jobs or retirement. The new Coal... 

Sherritt formalises restructuring of Ambatovy JV

By: Henry Lazenby     10th November 2017 Canadian diversified miner Sherritt International has signed a definitive agreement to restructure the Ambatovy Joint Venture (JV), which will see Sherritt transfer its 28% stake in return to eliminate debt from its balance sheet. Under the terms of the JV restructuring, which was first revealed... 

New Alliance to ensure responsible cobalt supply from Africa

By: Robyn Wilkinson     10th November 2017 Joining other international businesses and organisations at the inaugural World Economic Forum Sustainable Development Impact Summit, held in New York from September 18 to 19, diversified miner Eurasian Resources Group (ERG) helped launch the Global Battery Alliance. 

China sets tone for future vanadium-flow battery development

By: Henry Lazenby     4th November 2017 The Chinese government has awarded a major contract to privately held clean technology innovator Pu Neng Energy for the construction of a 12 MWh vanadium-flow battery, as Phase 1 of a larger 40 MWh energy storage project, in Hubei province. This first phase will be installed in Zaoyang, Hubei, to... 

On-The-Air (03/11/2017) 

By: Martin Creamer     3rd November 2017 One of South Africa’s largest and foremost black-controlled companies is spending R20-billion in Limpopo and Mpumalanga on coal-mining projects; Africa is streaking ahead of South Africa in the race to build the world’s most automated mines; and Unchallenged illegal mining has brought the... 

Aggreko commissions 7.4 MW diesel facility to power Yanfolila processing plant

By: Creamer Media Reporter      25th October 2017 Temporary power generation equipment supplier Aggreko has commissioned a 7.4 MW diesel power facility at Aim-listed Hummingbird Resources’ Yanfolila mine, in Mali. The facility will provide power to the mine’s process plant. 

Fluor contributes to the development of young South African engineers and scientists

     23rd October 2017 The annual Eskom Expo for Young Scientists is South Africa’s only existing science fair for learners and offers companies the opportunity to support learners becoming involved in science and engineering at an early age. For many years this Expo has offered a platform for learners to demonstrate... 

Eskom’s new R174bn grid plan includes R18bn for IPP connections

By: Terence Creamer     19th October 2017 State-owned electricity utility Eskom says all connection costs relating to 27 outstanding renewable-energy projects have been included in its latest Transmission Development Plan (TDP), which covers the ten-year period from 2018 to 2027. The renewable-energy projects were legally procured in... 

Young HDSA diamond beneficiators doing well – De Beers 

By: Martin Creamer     17th October 2017 The model launched last year by De Beers for the development of young historically disadvantaged South Africans (HDSAs) as diamond beneficiators is proving highly successful, De Beers Senior VP Sightholder Sales South Africa Mpumi Zikalala said on Tuesday. Speaking to Mining Weekly Online on the... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close