R/€ = 14.90 Change: -0.06
R/$ = 12.17 Change: -0.04
Au 1331.72 $/oz Change: -4.73
Pt 1012.50 $/oz Change: -0.51


Improving quality of life remains key priority, says Zuma

By: African News Agency      2nd January 2018 Improving the quality of life of the South African people, especially the poor and the working class, remains a key priority of government, President Jacob Zuma said on Sunday. “Significant strides” were made in 2017 in fighting poverty, inequality, and unemployment, he said in his new year’s... 

Africa development body, funds see opportunity in mining infrastructure

By: Reuters     22nd December 2017 With some mining companies increasingly reluctant to own outright the infrastructure that keeps their projects going, an African development institution is linking up with investment funds to help fill the gap. The Nigerian-based Africa Finance Corporation has already expanded its debt or equity... 

Underground mine plans for Karowe moving forward

     15th December 2017 The results of a preliminary economic assessment (PEA) announced by diamond miner Lucara Diamonds in November demonstrate the potential economic viability for the development of an underground mine at Karowe, in Botswana. The development of the underground mine is planned after the completion of... 

Fast-paced developments at Prieska benefit all stakeholders

By: Robyn Wilkinson     15th December 2017 Australian minerals explorer Orion Minerals’ activity at the Prieska zinc/copper mine present an “unparalleled” value creation opportunity for investors and shareholders while promoting and supporting critical socioeconomic development in the Northern Cape, says Orion Minerals MD Errol Smart.  

More than 100 jobs on offer at Rio Tinto’s Weipa mines

By: Creamer Media Reporter      12th December 2017 Diversified miner Rio Tinto has launched a recruitment drive for more than 100 new roles at its bauxite mines on the western Cape York Peninsula in Queensland. The opportunities are available across Rio Tinto’s operations at Weipa including existing mines at Andoom and East Weipa and the new... 

First mover Noront shifts RoF focus to Cu/Zn exploration

By: Henry Lazenby     8th December 2017 With the first commitments in place to build roads into Northern Ontario’s emerging Ring of Fire (RoF) mining camp, regional first mover Noront Resources is taking the opportunity to continue to build out its inventory of polymetallic resources by prioritising copper/zinc targets for exploration... 

Concor Infrastructure Boosts Order Book With New Contracts

     5th December 2017 Concor Infrastructure recently secured two significant contracts in the mining sector, and managing director, Eric Wisse, says the company, formerly known as Murray & Roberts Infrastructure, is well positioned to take advantage of the recently increased optimism in the mining space. As part of... 

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... 

South Zambezi delivers Engineering services: for Africa by Africans 

By: Tracy Hancock     1st December 2017 South Zambezi corporate director Sikanyisiwe Phiri and Makoko Makgonye discuss its role in developing Africa 

Illegal miners posing danger to residents – City of Joburg

By: Nadine James     1st December 2017 The ever-increasing trend of illegal miners using explosives near public infrastructure has seriously compromised the safety of residents and businesses, said City of Johannesburg communications specialist Virgil James. He explained that the City is concerned about the impending threat posed by... 

Rotek And Komatsu Keep The Home Lights Burning

     29th November 2017 Claudius Martin, the Plant Service Manager of the Bulk Material Supplies (BMS) division of Eskom subsidiary Rotek, is responsible for the care and maintenance of machines vital to the management of power station stockyards. “Our goal is to keep the lights on,” he says, in a simple statement that... 

IDC outlines actions for mining industry to inch closer to success

By: Mia Breytenbach     28th November 2017 While the Toronto Declaration-based standards for the mining industry, adopted by the International Council of Metals and Mining, are broadly accepted as encompassing mines’ social licence to operate, only an “arrogant or stupid person” would argue that all relevant standards have been met, says... 

Mnangagwa's task to rebuild Zimbabwe economy

By: Bloomberg     23rd November 2017 When Emmerson Mnangagwa takes over from Robert Mugabe as Zimbabwe’s President on Friday, he’ll inherit an economic wasteland that will take years and a complete reversal of some of the government’s signature policies to set right. Among Mnangagwa’s key challenges will be to revive an... 

Reefton mine, New Zealand

By: Thabi Madiba     17th November 2017 A gold mine located about 7 km south-east of Reefton, in the West Coast region of New Zealand’s South Island. 

Companies from Amplats to StanChart on alert amid Zimbabwe coup

By: Bloomberg     15th November 2017 Companies are being vigilant over their operations in Zimbabwe after military vehicles descended on the capital of Harare and the army seized power, threatening President Robert Mugabe’s 37-year rule. Nedbank Group sent some South African employees home from Zimbabwe, the Johannesburg-based... 

Alphamin eyes AltX listing, proposes final $50m raising for Bisie construction

By: Natasha Odendaal     14th November 2017 TSX-V-listed Alphamin Resources is working to jump the final funding hurdle for its Bisie tin project, in the North Kivu province of the Democratic Republic of Congo, through a secondary inward listing on the AltX of the JSE. The exploration and development company has already raised or secured... 

Fortune to consider higher cobalt output in Nico feasibility report

By: Henry Lazenby     10th November 2017 Project developer Fortune Minerals plans to increase the production rate at its flagship Nico cobalt/gold/bismuth/copper project, in Canada’s Northwest Territories, by between 20% and 30% in a response to feedback from potential strategic partners, the company announced on Thursday. London,... 

Macraes mine, New Zealand

By: Thabi Madiba     10th November 2017 A gold mine located about 100 km north of Dunedin in the Otago region of the South Island, New Zealand. 

3rd ELB Extreme Road Challenge – What A Race It Was!

     8th November 2017 Runners vs Cyclists over a distance of 353km ELB is yet again proud to announce that the ELB Extreme Road Challenge was a great success with teams completing the epic journey across border in record time.  ELB employees and friends from general industry got together for the third ELB Extreme Road... 

Continued unrest at Elikhulu threatens to ‘adversely impact’ on project, warns Pan African

By: Ilan Solomons     3rd November 2017 South African precious metals miner Pan African Resources has strongly condemned the protest action by some community members at the company’s Elikhulu tailings retreatment plant project, within the Evander gold mine complex, in Mpumalanga, warning that the unrest threatens to disrupt... 

Drakelands mine, UK

By: Sheila Barradas     27th October 2017 A tungsten/tin mine near the village of Hemerdon. 

Profits hit by strike but support for industry, communities continues

     27th October 2017 Coal miner Sasol Mining reported a 21% decline in its operating profit for the 2017 financial year, compared with the previous comparable period. The mining business unit of integrated chemicals and energy company Sasol, Sasol Mining’s profit dropped to R3.7-billion, mainly owing to the negative... 

Pan African warns ‘rogue elements’ threatening development of Elikhulu

By: Ilan Solomons     25th October 2017 South African precious metals miner Pan African Resources has strongly condemned the protest action by some community members at the company’s Elikhulu tailings retreatment plant project, within the Evander gold mine complex, in Mpumalanga, warning that the unrest threatens to disrupt... 

Mad scramble for lithium mines stretches from Congo to Cornwall

By: Bloomberg     25th October 2017 For evidence of just how hot battery ingredient lithium is right now, look no further than Australia’s AVZ Minerals. A penny stock until a few months ago, the mining hopeful has surged about 1 500% this year. The proposition: recasting a remote, century-old tin mine in the Democratic Republic of... 

Development programme to equip Welkom residents with mining skills

By: News24Wire      16th October 2017 Harmony Gold says an agreement has been reached with the Matjhabeng municipality and the Unemployment Forum to implement a special community development programme that will equip residents in certain Free State communities with mining skills. Harmony Gold spokesperson Max Manoeli said the... 

Alphamin's Bisie mine on track for 2019 production

By: Natasha Odendaal     12th October 2017 Despite facing significant social, political and geographical challenges, emerging miner Alphamin Resources is on track to deliver on the first large commercial tin mine in the eastern Democratic Republic of Congo (DRC). Against a backdrop of historical political upheaval, rent-seeking, an... 

Congo halts Sicomines' copper exports, orders local refining

By: Bloomberg     9th October 2017 The Democratic Republic of Congo ordered Sinohydro Corp. and China Railway Construction Corp.’s local mining venture to stop exporting unprocessed copper and cobalt and refine all its metals within the country. Sicomines must ship “only high-value products” as the government looks to “ensure the... 

Stanmore's plan for Isaac Plains East proceeds

By: Esmarie Swanepoel     22nd September 2017 Coal miner Stanmore Coal’s plan to extend the mine life of its Isaac Plains mine, in Queensland, is progressing well, with no objections recorded for the Isaac Plains East project. The ASX-listed Stanmore on Friday reported that no submissions or objections were received during the public... 

Leagold ‘turning a corner’ at Los Filos as Bermejal upside beckons 

By: Henry Lazenby     19th September 2017 Gold miner Leagold Mining is making good progress with transforming the 200 000 oz/y-plus Los Filos mine into a strong, long-lived growth platform with which it can pursue other growth opportunities in Latin America. Speaking to Mining Weekly Online in Vancouver (see attached video), president... 

Electric buses expected to spur platinum demand – Implats 

By: Martin Creamer     19th September 2017 Electric buses powered by platinum-catalysed fuel cells are attracting the attention of South Africans, who will visit Germany next month to update themselves on passenger carriers that emit zero pollution into the atmosphere. “There’s a lot of interest in fuel cell buses simply because the... 

Reopening of mines to stabilise employment, improve tax revenues

By: Simone Liedtke     15th September 2017 Zambia Chamber of Mines, and its initiative Mining for Zambia (MFZ), is enthusiastic about the reopening of mining operations in Zambia, which it says will not only result in increased copper production but also translate into stabilised employment levels in the country and improved tax revenues... 

Barloworld celebrates 90-year Caterpillar milestone

By: Dylan Slater     15th September 2017 Barloworld Equipment, which is the distributor and service supplier of US earthmoving equipment manufacturer Caterpillar, celebrated a 90-year partnership with Caterpillar in South Africa at the end of last month.  

Sizeable limonite find exposes Horizonte to burgeoning EV market

By: Samantha Herbst     14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... 

Myriad of opportunities in Zim’s mining sector

     8th September 2017 Zimbabwe is poised for growth and, with the country committed to ensuring a sustainable growth path, there are a host of investment opportunities in the mining industry to be capitalised on. This is according to the investment promotion body Zimbabwe Investment Authority‘s Invest in Zimbabwe... 

MB Crusher Continues Emphasizing Benefits Of Crusher Buckets In Mines

     7th September 2017 MB will attend Mining Indonesia 2017 together with its local dealer MB Crusher is set to exhibit once at Mining Indonesia 2017, Asia’s largest international mining equipment exhibition, together with its local partner PT. Universal Tekno Reksajaya (a member of United Tractors group). 

Cigar Lake mine, Canada

By: Thabi Madiba     1st September 2017 A uranium mine located in the Athabasca basin, north of Saskatchewan, in Canada. 

Horizonte’s Araguaia feasibility study due for completion in early 2018

By: Samantha Herbst     30th August 2017 The ongoing feasibility study for Aim- and TSX-listed Horizonte Minerals’ Brazil-based Araguaia project – the country’s next ferro-nickel mine – is progressing on schedule and is now over 60% complete. According to Horizonte CEO Jeremy Martin, the feasibility study is due for completion by year... 

Khato Holdings – growing Africa on time and within budget 

     29th August 2017 With plans to expand further in Africa, South African black emerging design and construction company Khato Civils expects that, in three to five years, 20% of its workload will be attributable to South Africa, while 80% will be based across the rest of the continent.  

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