http://www.miningweekly.com
R/€ = 15.68 Change: 0.02
R/$ = 14.29 Change: -0.05
Au 1322.19 $/oz Change: -1.21
Pt 1082.50 $/oz Change: -3.00
 

Topic

Regalpoint signs alliance agreement with asset manager

By: Esmarie Swanepoel     15th March 2016 ASX-listed junior Regalpoint Resources has struck a strategic alliance with specialist investment and asset manager Impact Investment to pursue complementary business opportunities. Regalpoint, which owns a portfolio of uranium exploration tenements in Northern Australia, told shareholders this... 

Company renames asset, invests in renewables

By: Simon Sonnekus     11th March 2016 Sandton-based coal mining company Delta Mining Consolidated (DMC) has renamed its flagship Rietkuil coal asset, near Delmas, in Mpumalanga, the Nsele coal project after the re-evaluation of the project, which will now supply coal to State-owned power utility Eskom instead of exporting B-grade... 

New CEO holds stock in coal

By: Simon Sonnekus     11th March 2016 Coal is the future of power generation worldwide, emphasises Australian exploration company Minergy’s newly appointed CEO Andre Bojé. “Coal remains the cheaper option . . . and I believe that while the commodity is currently struggling with a low price, it will soon pick up,” he states. 

SA still Africa’s chief coal producer for now

     11th March 2016 South Africa will continue to be Africa’s dominant coal producer for the foreseeable future, says international trade credit insurer Coface industry analyst Andries Louw. However, he notes that with current international developments and the global economy changing, it is difficult to forecast... 

Santos shareholders push for distance from Narrabri

By: Esmarie Swanepoel     8th March 2016 Australian oil and gas major Santos has received a resolution from shareholders urging that the company withdraw from its Narrabri gas project, in New South Wales. The shareholders noted in their documentation to Santos that the Narrabri project was facing sustained community opposition and a... 

Delegates weigh up value of event

By: Kimberley Smuts     4th March 2016 In the current climate, participants at this year’s Investing in African Mining Indaba carefully balanced the investment they made in participating in the event with the value they derived from attending, say independent, international consulting engineers and scientists SRK Consulting. SRK South... 

Solutions for energy efficient, productive mining showcased

By: Kimberley Smuts     4th March 2016 To further expand its mining and industrial solutions, global technologies and services supplier Bosch is now increasingly targeting markets in Africa and Oceania. “With positive economic development underpinned by a wealth of raw materials and an increasingly well-educated workforce and growing... 

Defunct Queensland mine to be turned into solar/hydro power hub

By: Esmarie Swanepoel     3rd March 2016 Plans to convert the defunct Kidston gold mine, in North Queensland, into a power generating hub have been boosted with state Development and Natural Resources and Mines Minister Anthony Lynham assigning it 'prescribed project' status. ASX-listed Genex Power would spend about A$580-million to... 

Australia’s focus is on boosting competitiveness in oil price slump – Minister

By: Esmarie Swanepoel     29th February 2016 Resources and Energy Minister Josh Frydenberg on Monday stated that a focus on boosting Australia’s competitiveness would ensure that the country’s oil and gas industry survived the current price slump. In an opinion piece published in the Australian Financial Review, the Minister noted that oil... 

It could be a ‘year, two, or more’ before SA has nuclear certainty – Gordhan 

By: Terence Creamer     25th February 2016 Finance Minister Pravin Gordhan indicated on Thursday that it could be a “year, or two, or more” before South Africa had certainty on how it would be proceeding with its contentious plan to introduce new nuclear capacity to the electricity mix. In an interview with ENCA the day after Budget 2016,... 

N America’s infant vanadium-redox flow battery market looking for a champion

By: Henry Lazenby     24th February 2016 While several industry players are jostling to take advantage of the budding North American vanadium-redox flow battery (VRB) market, barriers to entry such as raw material cost and equipment availability are still issues, making input costs prohibitive. “The industry is still looking for a... 

Arrium announces recapitalisation plan

By: Mariaan Webb     22nd February 2016 Struggling steel and iron-ore company Arrium Limited has entered into an agreement with GSO Capital Partners for up to $927-million (A$1.29-billion) in funding as part of a recapitalisation plan announced on Monday. The recapitalisation plan was a result of the company's strategic review, which... 

Monthly roundup of energy news fills a gap in the market

     22nd February 2016 In South Africa's fast evolving energy environment, Creamer Media's newly launched Energy Roundup fills a gap in the market as it provides readers with accurate, concise and well-structured summaries of key news and policy developments in the energy sector.   Announcements by Eskom, Nersa and... 

The Big Picture: Here’s What GE Will Look Like In 2016

     19th February 2016 GE released its fourth-quarter results two weeks ago, capping a pivotal year when the company sold much of its lending business and embraced software to become the world’s largest digital-industrial company. The company also improved its operations, growing revenue at a faster clip than peers and... 

S Australia nuclear royal commission publishes draft findings

By: Esmarie Swanepoel     15th February 2016 The South Australian Nuclear Fuel Cycle Royal Commission has released a tentative findings report into its evaluation of South Australia’s role in the nuclear fuel cycle. The report found that South Australia could safely increase its participation in nuclear activities, and by doing so could... 

Best time to capitalise on renewable-energy PPAs

     12th February 2016 Owing to mining clients’ negotiation positions for renewable-energy power purchase agreements (PPAs) having improved considerably as renewables can be used with diesel generators in hybrid systems, the opportune time is now for them to pursue renewable sources of energy, says Germany-based... 

Hybrid power solution aimed at African mining industry

By: Dylan Slater     12th February 2016 Contrary to popular belief, a power solution incorporating renewable-energy solutions and diesel generators does exist and has been developed particularly for the mining industry, especially miners operating in regions with high average solar-peak yields, says renewable-energy solutions company... 

Nuclear affordability emphasised, as Zuma unveils economic ‘turnaround plan’ 

By: Terence Creamer     11th February 2016 President Jacob Zuma unveiled the skeleton of what he described as an economic “turnaround plan” in a State of the Nation Address dominated by the current plight of the South African economy, which was unlikely to grow by more than 1% in 2016 and would not nearly approach the 5%-plus levels... 

Energy to define future Australia-India relations

By: Esmarie Swanepoel     10th February 2016 India was seeking an increased engagement with Australia on uranium and gas exports to fuel its demand for electricity generation, India’s Minister of State with Independent Charge of Power, Coal, and Renewable Energy, Piyush Goyal, said on Wednesday. Speaking ahead of the third Australia-India... 

Unlock South Africa/Botswana coal in tandem, Exxaro urges at Indaba

By: Martin Creamer     9th February 2016 All stakeholders should recommit to the development of the Waterberg coalfields in tandem with neighbouring Botswana in order to unlock the entire region’s coal potential and improve transport economics, Exxaro Resources CEO designate Mxolisi Mgojo urged on Tuesday. Speaking at the 2016... 

One-third of Queensland’s coal mines running at a loss – QRC

By: Esmarie Swanepoel     8th February 2016 Nearly one-third of Queensland’s coal mining companies were operating at a loss in the current commodity climate, a report commissioned by the Queensland Resources Council (QRC) has found. QRC CEO Michael Roche said that the report, undertaken by Wood Mackenzie, supported what industry leaders... 

India’s coal appetite dwindles

By: Ajoy K Das     8th February 2016 Green shoot pointers like the growth, or decline, in thermal power projects and the rapid upscaling of renewable-energy projects indicate that India’s appetite for coal is dwindling. Even as domestic coal production rose, moving from a shortage towards the surplus zone, growth in new thermal... 

Importance of social, labour plans stressed

By: Anine Kilian     5th February 2016 Economic challenges, coupled with the downturn in commodity prices, have recently resulted in many job losses in the mining sector, economic development services company EDS executive director Ugeshree Thakurpersad tells Mining Weekly. Another consequence of the downturn, is that mining companies... 

Eskom worried about S Africa’s rising coal costs 

By: Kim Cloete     4th February 2016 Power utility Eskom is concerned about the rising cost of coal in South Africa and has called for greater competition in the industry. “Coal costs have increased sharply. Our coal costs are too high. We need to make sure we focus on creating more competition and bring down coal inflation,” said... 

Feds to delay pipeline project decisions in wake of interim environmental assessment measures

By: Henry Lazenby     28th January 2016 The Liberal Canadian government on Wednesday said it would delay decisions on Kinder Morgan’s Trans Mountain Expansion Project and TransCanada’s Energy East pipeline project in order to implement five new temporary measures as the first step of a broader strategy to “review and restore... 

Sparton assists in commissioning of 8 MWh Chinese vanadium-flow battery

By: Henry Lazenby     27th January 2016 One of the largest vanadium-flow batteries in the world has been commissioned in China, reveals TSX-V-listed Sparton Resources, Sparton’s subsidiary VanSpar Mining played a critical role in raising finance for the Zhangbei project’s 8 MWh vanadium-flow battery that was successfully commissioned... 

Mining pressed to overcome barriers to secure greater renewable presence

By: Simon Rees     26th January 2016 The pace of renewables uptake by mining companies has been weighted down by the economic downturn, excessive capital costs and cultural barriers, an audience at a recent Canadian German Chamber of Industry and Commerce renewables in mining conference heard. These issues had been compounded by... 

Fission closes strategic C$82m investment by China’s CGN Mining

By: Henry Lazenby     26th January 2016 Canadian explorer Fission Uranium has closed a strategic C$82.22-million financing with Chinese investor CGN Mining, marking the first time a Chinese company has invested directly in a Canadian uranium company. TSX- and Frankfurt-listed Fission had issued 96.7-million shares to CGN at C$0.85 apiece. 

Flexible, leaner service approach vital for African mining projects

By: Mia Breytenbach     22nd January 2016 Companies need to focus on becoming leaner and challenging the status quo when providing mining- and mineral-related services in Africa in the current global economic climate during which there has been a slump in commodity prices, engineering company WorleyParsons cautions. “The provision of... 

Creamer Media publishes Energy Roundup – December 2015 research report 

By: Creamer Media Reporter      18th January 2016 The December 2015 roundup includes details of State-owned utility Eskom’s application to claw back R22.8-billion; South Africa’s ranking as an investment destination for renewable energy; and a nuclear expert’s thoughts on reactor designs for South Africa’s nuclear procurement programme, among... 

Renewable energy opportunities rise as costs slide and solutions grow

By: Simon Rees     15th January 2016 TORONTO (miningweekly.com) – Despite the tie-up between the renewables market and the mining sector being dynamic and exciting, the high levels of upfront capital expenditure (capex) needed to install and operate renewable components and storage solutions remained a significant impediment to... 

New nuclear lacks a business case for South Africa – Lovins 

By: Terence Creamer     13th January 2016 New nuclear power lacks a business case for South Africa, the chief scientist at the American-based Rocky Mountain Institute argues in a strident opinion piece published in the Business Day. In the article, Amory Lovins, who is a strong advocate of energy efficiency and renewable energy,... 

American Vanadium to buy vanadium-flow battery business from German developer

By: Henry Lazenby     12th January 2016 TSX-V-listed American Vanadium has entered into a letter of intent (LOI) with German firm DMG Mori to acquire its wholly owned subsidiary Gildemeister Energy Storage (GES), manufacturer of the CellCube vanadium-flow energy storage system. The LOI provided American Vanadium with the exclusive... 

Diesel price plunge slowed but not stymied renewables uptake

By: Simon Rees     9th January 2016 The mining sector’s uptake of renewable energy could be slowed by cheaper diesel in the wake of crude oil’s price plunge, head of energy consulting firm THEnergy Thomas Hillig told an audience at a recent Canadian German Chamber of Industry and Commerce conference on renewables in mining, in... 

Chinese firm takes near 20% stake in uranium explorer Fission

By: Henry Lazenby     22nd December 2015 Chinese firm CGN Mining has agreed to buy a 19.99% stake in Canadian explorer Fision Uranium, marking the first time a Chinese company has invested directly in a Canadian uranium company. TSX-listed Fission reported that under terms of the deal, the two companies would proceed towards a... 

Electra Mining backed by leading industry associations

     16th December 2015 The biggest mining, industrial, machine tools, electrical and power trade show in Southern Africa and ranked as one of the world’s largest mining shows, Electra Mining Africa will be taking place from 12-16 September 2016 at the Expo Centre in Johannesburg, South Africa. The world-class trade... 

Moroccan Minister of Energy, Mining Water and Environment to Provide Keynote at Energy and Mines London Summit

     14th December 2015   Energy and Mines is delighted to announce that Dr. Abdelkader Amara, Minister of Energy, Mining, Water and Environment, Morocco is confirmed to present a keynote address at the upcoming Energy and Mines London Summit on January 28th. Morroco, a world mining leader, has set strong targets and... 

Resources sector welcomes climate change agreements

By: Esmarie Swanepoel     14th December 2015 The Australian resources sector has welcomed the climate change agreement reached in Paris over the weekend. Foreign Affairs Minister Julie Bishop said this week that the Paris agreement provided for five yearly reviews of national targets, underpinned by a rules-based system that will assess... 

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
Subscribe Now for $119 Close