http://www.miningweekly.com
R/€ = 14.73 Change: 0.31
R/$ = 13.80 Change: 0.30
Au 1177.50 $/oz Change: 2.00
Pt 933.00 $/oz Change: 0.00
 

Topic

Zambia conference to retain 2016 theme in 2017

     9th September 2016 The seventh Zambia International Mining and Energy Conference (Zimec) will be held in Lusaka on April 5 to 6, 2017, and will retain the theme of Zimec 2016: ‘Mining and energy on the growth path to support and grow the Zambian economy’. Zimec 2016 was hosted at the New Government Complex... 

Move to high-profile mining yielding benefits for Gold Fields' flagship mine

By: Dylan Slater     2nd September 2016 A move from low-profile to high-profile mining at gold major Gold Fields’ South Deep mine is yielding benefits, having not only improved production volumes by 87% in the first and second quarters of this year, compared with the same period last year, but also increased other key metrics. One of... 

Aspiring battery-grade cobalt producer advances cause

     2nd September 2016 Development stage mining company Fortune Minerals has completed a fully subscribed $1.25-million nonbrokered private placement of units, with the proceeds allocated to general working capital purposes. Fortune owns the Nico cobalt-gold-bismuth-copper development project, which is expected to... 

Move to high-profile mining yielding benefits for Gold Fields' flagship mine

By: Dylan Slater     2nd September 2016 A move from low-profile to high-profile mining at gold major Gold Fields’ South Deep mine is reaping significant benefits, having improved not only production volumes by 87% in the first and second quarters of 2016, compared with the same period last year, but also increasing other key metrics,... 

Victoria premier moves to ban unconventional gas development in the state

By: Samantha Herbst     31st August 2016 Spearheaded by Victoria state premier David Andrews, the Labour government on Tuesday put forward a permanent ban on the exploration and development of all onshore unconventional gas in the state, including hydraulic fracturing (fracking) and coal seam gas. The proposed permanent legislative ban,... 

Massive increase in the use of resources looms over the next decade

By: Kim Cloete     31st August 2016 Stakeholders in the global minerals and metals industry, which uses 12% of global energy production, have been called to take responsibility in the quest for a more sustainable future. United Nations Environment Programme (UNEP) International Resource Panel member Dr Patrice Christmann said... 

Vert Energy to display solutions at PowerEx

     26th August 2016 Solutions and service provider Vert Energy is participating at the new PowerEx show, which is being launched in Hall 9 of this year’s Electra Mining Africa, focusing on electric power and energy solutions. 

Local cable manufacturer to hit 50-year mark

     23rd August 2016 Cable manufacturer Alvern Cables, which will be 50 years in business in 2017, will put on display its full range of products at this year’s Electra Mining Africa show, but will place a special focus on its three newest products, says sales director Stephen Liasides. 

Electra expected to be shot in arm for battered mining sector

     23rd August 2016 Mining and industrial trade show Electra Mining Africa 2016 is expected to provide a much-needed boost to the South African mining industry, which is facing tough trading conditions. 

South Africa won’t change IPP course ‘midstream’ 

By: Terence Creamer     22nd August 2016 Cabinet appears to have put paid to Eskom efforts to halt the country’s highly regarded independent power producer (IPP) programme, with Minister in The Presidency for Performance Monitoring and Evaluation Jeff Radebe indicating on Monday that there was no intention to “change course midstream”.... 

Wind, solar can supply bulk of South Africa’s power at least cost, CSIR model shows 

By: Terence Creamer     22nd August 2016 The dramatic fall in the cost of supplying power from wind and solar photovoltaic (PV) plants has moved the global electricity supply industry beyond a critical “tipping point”, which leading energy scientist Dr Tobias Bischof-Niemz says is irreversibly altering the operating model, with... 

US Presidential elections will have ‘tangible’ implications for country’s miners – BMI report

By: Ilan Solomons     19th August 2016 The outcome of the US presidential election, in November, will determine the trajectory of the country’s environmental regulations and whether operating costs for the mining industry over the coming years will be increased or decreased, says research firm BMI, a unit of the Fitch Group. The firm... 

Rising uptake of vanadium-based batteries bodes well for market as price turns a corner 

By: Henry Lazenby     18th August 2016 A more than 40% increase in the price of vanadium pentoxide (V2O5) since December lows is invigorating the industry, just as it is poised to see significant new demand for the steel-strengthening ingredient coming from the increasing adoption of vanadium-redox flow batteries (VRBs). The commodity... 

Exxaro eyes more renewables

By: Natasha Odendaal     18th August 2016 Following the success of its entry into renewable energy through a 50% wind farm joint venture (JV) with Tata Power, diversified miner Exxaro Resources is exploring further opportunities in clean energy. Independent power producer (IPP) Cennergi had marked its first income generation following... 

Tsitsikamma wind farm reaches commercial operation

By: Megan van Wyngaardt     18th August 2016 The 95 MW Tsitsikamma Community wind farm project, in the Eastern Cape, this week started commercial operation, marking the second wind farm by independent power producer Cennergi to achieve the milestone this year. Cennergi, a 50:50 joint venture between coal miner Exxaro Resources and India’s... 

Sparton scoops up group of inactive VRB manufacturing companies

By: Henry Lazenby     16th August 2016 Canadian firm Sparton Resources has bought a group of currently inactive vanadium-redox flow battery (VRB) manufacturers for $3.3-million, the company announced Tuesday. The Toronto-headquartered company said that its subsidiary VanSpar Mining (VMI) had on August 8 signed a share purchase... 

Australia, Chile & South Africa lead in clean power for projects

By: Anine Kilian     2nd August 2016 Chile, South Africa and Australia are among the key mining markets that are ahead of the curve when it comes to incorporating renewable energy into the power mix at mines and projects, supported by favourable climates, government policies and elevated power costs, according to Fitch-owned market... 

Will the recovery in Eskom’s plant availability be sustained? 

By: Terence Creamer     2nd August 2016 In its most recent presentations on the performance of its power stations, Eskom has pointed to improvements in the energy availability factor (EAF) from its coal-fired power stations over the past few months as evidence of a solid operational turnaround. The State-owned utility shows, for... 

Soaring lithium prices can sustain gains, Pilbara CEO forecasts

By: Bloomberg     2nd August 2016 Pilbara Minerals, seeking to develop one of the world’s largest lithium projects, believes prices can sustain recent rapid gains on soaring demand in China for renewable energy, especially electric vehicles. “Big buyers of big volumes are right now paying more than $20 000 a metric ton for... 

Joemat-Pettersson backs renewables; promises coal, expedited renewable-energy IPP decision soon

By: Natasha Odendaal     29th July 2016 With government preparing to announce its long-awaited decision on the expedited round of  the Renewable-Energy Independent Power Producer Procurement Programme (REIPPPP) and the Coal Baseload Independent Power Producer Procurement  Programme (CBIPPPP), Energy Minister Tina Joemat-Pettersson has... 

Industry seminars and conferences at Electra Mining Africa 2016

     29th July 2016 Taking place from 12-16 September at the Expo Centre in Johannesburg, over 850 local and international exhibitors from the mining, industrial, electrical and power industries will be showcasing their products and services across 38,000m² net space of indoor/outdoor exhibition area at Electra... 

Cennergi wind farm enters commercial operation

By: Megan van Wyngaardt     28th July 2016 Local independent power producer Cennergi on Thursday celebrated achieving commercial operations at its 134 MW Amakhala Emoyeni wind farm, near Bedford, in the Eastern Cape. Cennergi, a 50:50 joint venture between miner Exxaro Resources and Tata Power, was selected as the preferred bidder for two... 

Mining companies relying more on renewable energy

By: Megan van Wyngaardt     27th July 2016 Mining companies are increasingly looking to renewable energy to meet their power needs, as the subdued mineral price environment is incentivising firms to reduce reliance on more expensive diesel or distant, unreliable electricity grid systems, states research firm BMI Research. In its outlook... 

Mining on Top: Africa- London Summit

     26th July 2016 The 4th Mining on Top: Africa - London Summit (MOTA) will be held in London from the 19th-20th September 2016 at the Radisson Blu, Portman Square, London, United Kingdom. The two-day conference is expected to attract over 200 participants from over 20 countries. MOTA is the definitive African... 

Eskom letter sends shock waves through private power sector 

By: Terence Creamer     21st July 2016 News of Eskom’s letter to Energy Minister Tina Joemat-Pettersson – seeking clarity on the approach the utility should take to contracting in future with independent power producers (IPPs) – sent shock waves through the private power community, which is only just starting to find its feet in a... 

Uranium is the dirty underbelly of nuclear – scientist

By: News24Wire      21st July 2016 Antinuclear sentiment tends to focus on nuclear waste or operational risks, but more focus should be on the “dirty underbelly” of uranium mining, according to a science adviser. “Whenever people get excited about nuclear power stations, they kind of forget where the actual uranium comes from,” Dr... 

Huge potential to replicate hybrid power solution in African mining sector

By: Mia Breytenbach     15th July 2016 Australia’s largest offgrid solar and battery storage facility has been successfully commissioned and has started providing electricity to the DeGrussa copper and gold mine in Western Australia. As local renewable energy leadership believes this project will pioneer the way in Africa for offgrid... 

Mines need to overcome current challenges in the near future

By: Victor Moolman     8th July 2016 The South African economy contracted by 1.2% quarter-on-quarter during the first quarter of 2016, dragged lower by the poor performance of mining and agriculture – the economy was also 0.2% weaker year-on-year. The performance of mining came amid a drop in volumes and weak commodity prices and... 

Zambia unlikely to regain copper supremacy until prices recover, power constraints are overcome

By: Ilan Solomons     8th July 2016 Zambia is unlikely to reclaim its position as the largest producer of copper in Africa until prices improve and its power constraint challenges are overcome, says professional services firm KPMG Zambia director Michael Phiri. Zambia produced 711 515 t of copper in 2015 and currently ranks eighth... 

Mining materials haulage system among receivers of enviro recognition

By: Ilan Solomons     1st July 2016 Conservation organisation World Wide Fund For Nature (WWF) South Africa has announced the three winners of the 2016 South African Climate Solver Awards in recognition of innovations that reduce carbon emissions or boost access to clean energy. They are Heliolab, a “revolutionary” heliostat... 

South Africa seeks comment on draft carbon-offset rules 

By: Terence Creamer     20th June 2016 Draft carbon offset regulations have been released by the National Treasury for public comment, with a submission deadline of July 29. Under the proposed rules, firms can reduce their carbon tax liability by between 5% and 10% of their total greenhouse gas (GHG) emissions, by investing in... 

Electra Mining Africa to give local mining sector much needed boost

     20th June 2016 The South African mining industry is facing another challenging year with slower than expected economic growth, a prolonged and continuing downswing in commodity prices, an increase in short-term volatility, increased pressure on operating models, and regulatory uncertainty. Adding to these... 

Private equity seen as key to Africa’s infrastructure speed-up

By: Martin Creamer     15th June 2016 Mobilising private equity to help fill Africa’s $31-billion infrastructure expenditure gap is key to the continent’s future, says Africa Infrastructure Investment Managers regional director Vuyo Ntoi. Ntoi, who addressed the Botswana Resource Sector Conference here, outlined the funding case for... 

Global demand for vanadium growing – Bushveld Minerals 

By: Anine Kilian     10th June 2016 Diversified Aim-listed miner Bushveld Minerals, which is acquiring a vanadium mine in South Africa, is optimistic that global demand for vanadium will continue growing. The company recently partnered with investment company Yellow Dragon to secure $5.2-million to complete the first phase of the... 

Sandfire’s DeGrussa copper/gold mine now solar powered

By: Mariaan Webb     8th June 2016 Australia’s largest off-grid solar and battery storage facility has been successfully commissioned and has started providing electricity to the DeGrussa copper and gold mine in Western Australia. The solar plant, which was located immediately adjacent to Sandfire Resources’ DeGrussa underground... 

Gold will outperform, iron-ore to be avoided – Junior Indaba

By: Martin Creamer     2nd June 2016 Gold will be the commodity that will outperform in the next 12 months and iron-ore is the commodity investors should avoid at all costs during that period, junior miners voted on Thursday. The 220-strong audience at the Junior Indaba, also gave a thumbs down to manganese, as the second commodity... 

Queensland LNG exports surpass that of Russia

By: Creamer Media Reporter      2nd June 2016 Australia’s liquefied natural gas (LNG) exports have increased by 53.2% quarter-on-quarter to 10.1-million tonnes in the three months ended March, as production from Queensland’s projects ramped up faster than expected. For the first time, Queensland’s LNG exports have surpassed that of Russia,... 

$60m boost to Zambia power grid

By: Martin Creamer     30th May 2016 Mining is poised to receive a spinoff benefit from Monday’s announcement that the power grid in Zambia is to be boosted by a $60-million investment. In this latest transaction, Standard Chartered bank has partnered with the United States Agency for International Development (USAID) to provide a... 

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
Close