R/€ = 14.49 Change: 0.01
R/$ = 12.97 Change: -0.04
Au 1266.93 $/oz Change: -0.31
Pt 954.50 $/oz Change: -5.50


Canada publishes rules to reduce oil and gas sector methane emissions, air pollution

By: Henry Lazenby     26th May 2017 Canada has introduced new rules aimed at reducing methane emissions and cutting air pollution from its significant oil and gas industry, a move that met with mixed reaction from the industry itself. Minister of Environment and Climate Change Catherine McKenna introduced the new regulation on... 

Creamer Media announces special offer on real economy research portal

     25th May 2017 Creamer Media has announced a special offer on its well-respected research portal Research Channel Africa. Research Channel Africa offers unparalleled access to intelligence on industry and mining in South Africa and the wider African continent. 

Kanmantoo offering Hillgrove more upside

By: Esmarie Swanepoel     25th May 2017 Copper/gold miner Hillgrove Resources has earmarked a number of organic growth opportunities which it will assess later in 2017, including an opportunity for near-mine growth at its Kanmantoo mine, in South Australia. An exploration target of between five-million and ten-million tonnes, with a... 

Heron awards earthworks contract at Woodlawn

By: Esmarie Swanepoel     24th May 2017 Base metals developer Heron Resources has signed a A$12-million earthworks contract for its Woodlawn copper-zinc project, in New South Wales. The contract with Ertech includes the construction of the main road access from the sealed Collector road, process plant site leveling and foundation... 

Asanko prioritises Akwasiso ahead of Dynamite Hill following fast Ghanaian approval

By: Henry Lazenby     23rd May 2017 The Ghanaian government has given the green light for TSX- and NYSE MKT-listed miner Asanko Gold to start mining operations at the Akwasiso deposit, in Ghana, ahead of the Dynamite Hill deposit, as previously planned. The Vancouver-based company will benefit from greater mining flexibility by... 

Turnkey Instruments

     23rd May 2017 Gauteng-based industrial and scientific instrumentation manufacturer Turnkey Instruments South Africa (SA) produces a range of instruments for the mining and quarrying industries, as well as local police and authorities. Its product portfolio includes road vehicle brake testers and window tint... 

Metallica appoints contractor in Qld

By: Esmarie Swanepoel     22nd May 2017 Junior bauxite developer Metallica Minerals has appointed contactor LCR Group to undertake all mining an haulage operations at the Urquhart bauxite project, in far north Queensland. LCR will be responsible for the supply of all mining equipment and personnel, and will perform all short-term... 

Move over Tesla, Europe's building its own battery gigafactories

By: Bloomberg     22nd May 2017 Battery-making gigafactories are about to arrive in Europe, challenging a lead Tesla is building at a plant in Nevada and opening the way for a quicker shift toward green power for both cars and utilities. German Chancellor Angela Merkel on Monday is scheduled to break ground at a €500 million... 

India, Japan to push for One Belt, One Road counter at AfDB conference 

By: Ajoy K Das     19th May 2017 India will unleash its highest level of economic diplomacy at next week’s African Development Bank (AfDB) conference in the western city of Ahmedabad, with the aim of setting quantifiable targets of international economic and trade cooperation between the continents in a bid to counter China’s... 

Gold Fields takes a stake in Australian JV partner

By: Esmarie Swanepoel     19th May 2017 South Africa-based gold major Gold Fields has taken a 10% shareholding in ASX-listed joint venture (JV) partner Gold Road Resources. Gold Road on Friday announced that Gold Fields had acquired some 74.8-million shares in the company, at 86c each, representing a premium of 27% to Gold Road’s... 

KZN coal mine supplying communities’ water needs and more, mulls output expansion 

By: Ilan Solomons     19th May 2017 The Zululand region of KwaZulu-Natal was afflicted by what the Department of Water and Sanitation described as the “worst drought in a century” in 2016 and is still one of the water-scarce areas of the country. Helping neighbouring communities survive this disaster, investment company Menar... 

KZN coal mine supplying communities’ water needs and more, mulls output expansion 

By: Ilan Solomons     19th May 2017 The Zululand region of KwaZulu-Natal was afflicted by what the Department of Water and Sanitation described as the “worst drought in a century” in 2016 and is still a water scarce area of the country. Helping neighbouring communities survive this disaster, investment company Menar Holding’s... 

Zhimin Li

By: Martin Creamer     19th May 2017 This week we feature Zhimin Li, CEO of Wesizwe Platinum, the R1.2-billion, 181-employee company that is developing a platinum mine in South Africa's North West province 

No corruption in nuclear negotiations, Eskom chief nuclear officer assures 

By: Kim Cloete     18th May 2017 Eskom’s chief nuclear officer David Nicholls is still firmly committed to the principle that nuclear is the way to go for a sustainable energy future and says he knows of no corruption in negotiations on a deal to procure new nuclear energy capacity. “I’ve been in the middle of this deal for... 

Heating things up this winter, AUCOR announces its biggest auction road show across South Africa

     18th May 2017 Auction floors will be filled with eager buyers next week as AUCOR prepares to host a staggering 15 auctions around the country over one week from the 20th to the 27th of May.  Bidders will be spoilt for choice as a selection of vehicles; trucks, mining and construction equipment; lifestyle and... 

Golden Arrow, Silver Standard JV ‘a match made in heaven’ as explorer turns producer 

By: Henry Lazenby     16th May 2017 Canadian explorer Golden Arrow Resources has made the leap from project developer to revenue-earning miner in record time through its novel partnership with senior miner Silver Standard Resources, after the latter exercised its option to form a joint venture (JV) with the company that will... 

WAFM completes scoping study

By: Anine Kilian     12th May 2017 A recently completed scoping study on Aim-listed West African Minerals Corporation’s (WAFM’s) Cameroon-based Sanaga iron-ore project has identified two potential pathways to production of 2.4-million tonnes a year of premium grade iron-ore concentrate. The study indicates robust economics and... 

Dust regulations hinder productivity

By: Simone Liedtke     12th May 2017 Regulations implemented by governmental authorities, including municipalities, and environmental bodies, are impacting significantly on productivity in the global mining industry at a time when opencast operations are running tight margins, says Johannesburg-based mining equipment manufacturer... 

Dust-suppression specialist geared for growth in Africa

By: Simone Liedtke     12th May 2017 Environmental management company I-CAT Environmental Solutions continues to grow its market share in dust-suppression management and solutions, and intends to increase its market share in Africa this year. 

Opencast mine equipment relocation method saves costs, time

By: Simone Liedtke     12th May 2017 By loading, transporting and offloading draglines for opencast mining clients in one piece, global engineered heavy lifting and transportation specialist Mammoet is driving project feasibility by saving its clients time and money. 

Workers at BHP's Cerro Colorado mine in Chile plan 24-hour walk-off

By: Reuters     10th May 2017 Workers at BHP Billiton's Cerro Colorado copper mine, in Chile, will strike for 24 hours in the coming weeks to protest recent layoffs and the company's general attitude toward miners, the main union told Reuters on Wednesday. Earlier on Wednesday, workers briefly blocked the access road to the... 

Scoping study shows 'robustness' of Moz project – Triton

By: Esmarie Swanepoel     10th May 2017 A scoping study into the Ancuabe graphite project, in Mozambique, has estimated that the project could support an annual production of 60 000 t/y over a mine life of some 17 years. ASX-listed Triton Minerals on Wednesday told shareholders that the project would likely require a capital... 

Creamer Media announces special offer on real economy research portal

     8th May 2017 Get unparalleled access to intelligence on industry and mining through Creamer Media’s Research Channel Africa. A subscription to the Research Channel Africa offers access to: 

Bridge in Sierra Leone sparks row over diamond mining

By: Reuters     5th May 2017 A dispute over a bridge in eastern Sierra Leone thought to span diamond deposits has divided a local community with a foreign mining company accused of illegally mining the area after volunteering to rebuild the overpass. The Congo Bridge in Koidu, the capital of Kono District, was deemed by... 

India mulls oil pipeline to Myanmar

By: Ajoy K Das     4th May 2017 Pushing ahead with its ‘oil and energy diplomacy’ in neighbouring countries, India is considering building an oil pipeline to connect refineries in its north-eastern provinces to consumer centers in Myanmar. According to senior government officials in the Petroleum and Natural Gas Ministry,... 

China's economy shaping up for positive 2018, Rio Tinto says

By: Bloomberg     4th May 2017 Latest indicators on China’s economy point to continued growth through 2018, according to mining giant Rio Tinto Group, which counts the world’s No. 2 economy as its biggest customer. “Are we concerned about the Chinese economic health? The answer is no,” CEO Jean-Sebastien Jacques told... 

New Hope gains Qld approval for Colton coal mine

By: Esmarie Swanepoel     4th May 2017 The Queensland government has granted mining lease approvals for the three tenements making up ASX-listed New Hope Corporation’s proposed A$300-million Colton coal mine. New Hope MD Shane Stephan on Thursday welcomed the development, saying the approval, which was provided after a thorough... 

The growth of a diversified economy through the development of mining and energy at ZIMEC 2017!

By: Creamer Media Reporter      3rd May 2017 Lusaka, Zambia – April, 2017 - With around 70% of Zambia’s earnings currently depending on copper mining, the Zambian government aims to diversify mining activities and strive towards a sustainable and viable mining sector.  

S Australia grants key approvals for A$4.5bn magnetite project

By: Esmarie Swanepoel     3rd May 2017 The South Australian government has awarded ASX-listed Iron Road a mining lease and development approval for its A$4.5-billion Central Eyre iron project (CEIP). CEIP is slated to be Australia’s largest magnetite mine with production capacity of 21.5-million tonnes a year over 25 years. The... 

Mining restarts at Tarcoola

By: Esmarie Swanepoel     2nd May 2017 Mining operations at the Tarcoola gold mine, in South Australia, have resumed following a temporary suspension in April. ASX-listed WPG Resources in April halted production at Tarcoola following two significant rainfall events, which closed roads leading into the mine, causing disruptions to... 

Gold Road investigates Attila feasibility

By: Esmarie Swanepoel     1st May 2017 ASX-listed Gold Road Resources has launched a prefeasibility study into the potential for openpit mining at the Attila deposit, in Western Australia, following a more than 100 000 oz increase in the project’s mineral resource. Gold Road on Monday announced a 46% increase in the Attila openpit... 

MACA wins Browns Range mining contract

By: Esmarie Swanepoel     1st May 2017 Rare earths developer Northern Minerals has awarded a A$6-million mining contract for its Browns Range pilot project, in Western Australia, to ASX-listed MACA. Under the agreement, MACA will mine 180 000 t of ore and associated waste from the Wolverine and Gambit pits. 

Artemis completes Radio Hill buy

By: Esmarie Swanepoel     28th April 2017 ASX-listed junior Artemis Resources has completed the acquisition of the Radio Hill nickel/copper/cobalt project in Western Australia, along with $2-million of overseas institutional funding. In order to fund the Radio Hill acquisition, Artemis entered into a $2-million funding agreement by way... 

Rain halts mining at Tarcoola

By: Esmarie Swanepoel     26th April 2017 Mining operations at the Tarcoola gold project, in South Australia, have been temporarily suspended on the back of two significant rainfall events in close proximity to each other. ASX-listed WPG Resources said on Wednesday that all roads leading to the mine have been temporarily closed, which... 

Creamer Media announces special offer for Real Economy Yearbook to be published in June

     25th April 2017 The next edition of Creamer Media’s Real Economy Yearbook will be published on 30 June 2017 and will provide a researched overview of the state of play in a number of industrial and mining sectors. As in previous years, the Real Economy Yearbook will include updates on key news developments in... 

Oil and mining giants detail road map to reduce carbon by half

By: Bloomberg     25th April 2017 A group of companies and nonprofit agencies that includes energy giants Royal Dutch Shell and BHP Billiton said global greenhouse gas emissions could be cut in half by 2040 without impeding economic development, in part by converting grids to use mostly renewable power. The declining costs of... 

Barrick Gold cuts gold production forecast at Argentina mine

By: Mariaan Webb     25th April 2017 Toronto-based miner Barrick Gold’s shares fell nearly 4% in after-hour trade on Monday, after the group lowered its production forecast and increased its cost guidance at its Veladero mine, in Argentina. The mine, where authorities suspended the addition of cyanide to the heap leach process... 

Strengthening fundamentals continue to bolster ‘new age’ metals outlook

By: Henry Lazenby     22nd April 2017 ‘Big money’ investors are increasingly looking to invest in the relatively small ‘new-age metals’ space, comprising metals such as lithium, graphite and cobalt, as strengthening fundamentals for these minerals and an unprecedented high-impact investment opportunity draw the potential for bonanza... 

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