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Goldcorp names #DisruptMining semi-finalists

By: Creamer Media Reporter      Updated 2 hours 52 minutes ago The six semi-finalists for #DisruptMining 2019 and the five 'sharks' who will judge the live finale of Goldcorp's yearly innovation challenge have been named. 

AEMFC says will submit bid for Optimum assets

By: Marleny Arnoldi     17th January 2019 An African Exploration Mining and Finance Corporation- (AEMFC-) led consortium on Thursday announced that it would submit a bid for the Optimum Coal assets, which are currently in business rescue. State-owned AEMFC believed the Optimum Coal transaction would be fundamental to the country’s... 

Platinum price fall worsening plight of job-intensive mines 

By: Martin Creamer     16th January 2019 The latest fall of the platinum price is threatening to become the last straw that broke the camel’s back for some deep labour-intensive platinum group metals (PGMs) mines on particularly the western limb of the Bushveld Complex, Mining Weekly Online can today report. Well ahead of the latest... 

Argentina set to join global mining transparency initiative

By: Reuters     15th January 2019 Resource-rich Argentina is expected to join the international transparency standard for managing oil, gas and mineral resources, the Extractive Industries Transparency Initiative (EITI) said on Monday, which could make it more attractive for investors. The global initiative, launched by... 

Mining needs to embrace Industry 4.0

By: Creamer Media Reporter      14th January 2019 Challenges faced by the mining industry today like increasing production costs, depressed commodity prices and the high cost of electricity, are forcing the mining sector to embrace the Fourth Industrial Revolution as it brings industrial transformation. Such developments will bring the training... 

Hydrogen leap needed to aid platinum’s future 

By: Martin Creamer     11th January 2019 A South African decision to step firmly into the hydrogen age, like so many other countries are doing, has great potential benefit for the country. Because South Africa has better combined solar and wind resources than just about any other country, it is well positioned to generate hydrogen using... 

Democrats ask for delay in easing sanctions linked to Deripaska

By: Bloomberg     9th January 2019 Seven new Democratic chairmen of House committees demanded Tuesday that Treasury Secretary Steven Mnuchin hold off on the planned easing of sanctions against three companies tied to Russian billionaire Oleg Deripaska. “As the chairs of committees with oversight jurisdiction over the US response... 

Congo postpones Sunday's presidential vote by a week

By: Reuters     21st December 2018 Democratic Republic of Congo's election board has postponed a long-anticipated presidential vote scheduled for Sunday by one week until December 30 after a fire destroyed voting materials. Already delayed repeatedly since 2016, the poll is meant to choose a successor to President Joseph Kabila,... 

Guinea-focused Bellzone Mining goes bust

By: Mariaan Webb     14th December 2018 Guinea-focused iron-ore company Bellzone Mining has called in the liquidators after its largest shareholder and main backer Hudson Capital prevented it from raising any further equity and debt. The company previously warned that it would go bust if it could not secure a fresh injection of cash... 

Mining convention for Kore’s Kola, Dougou prospects finalised

By: Marleny Arnoldi     7th December 2018 Dual-listed Kore Potash announced on Friday that the mining convention covering the company’s proposed staged development of the Kola and Dougou mining prospects has been finalised, following ratification by the parliament of the Republic of Congo. The gazetting of the mining convention allows... 

Gupta mining boss JP Arora gunned down

By: News24Wire      3rd December 2018 The CEO of Gupta-owned JIC Mining, JP Arora, was killed in a shooting on New Road in Midrand on Saturday night, police have confirmed. SAPS spokesperson Captain Kay Makhubele said he could not confirm reports of Arora's car being sprayed with bullets. News24 has learned that Arora was returning... 

Resgen, Noble reach agreement on security condition to financing facility

By: Tasneem Bulbulia     30th October 2018 ASX- and JSE-listed Resource Generation (Resgen) and Noble Resources International have agreed that the security to be provided as part of a revised funding arrangement between Noble and Resgen subsidiary Ledjadja Coal, be a share pledge over ResGen’s 74% interest in Ledjadja, which is held by... 

Shake-up at US energy regulator raises specter of coal bailout

By: Bloomberg     26th October 2018 An untimely resignation has given one Kentucky Republican a second shot at saving coal. Neil Chatterjee, former energy adviser to Senate Majority Leader Mitch McConnell, has been tapped to lead the Federal Energy Regulatory Commission after Chairman Kevin McIntyre stepped down this week due to... 

Blockchain an ‘ideal technology’ to reveal sustainability of the mining supply chain – report

By: Simone Liedtke     24th October 2018 With an increasing focus on and demand for corporate social responsibility with the sustainability of mining at stake, blockchain is an ideal technology to reveal the sustainability of the supply chain, a report published by global law firm White & Case shows. Co-authored by partners Rebecca... 

Acacia says senior manager charged in Tanzania corruption probe

By: Creamer Media Reporter      23rd October 2018 Acacia Mining on Tuesday reported that a senior manager of its Tanzanian businesses had been arrested and charged by the Tanzanian Prevention and Combating of Corruption Bureau (PCCB).  The senior manager has pleaded not guilty to all charges.   

Eskom gearing up for big grid-scale battery storage roll-out  

By: Terence Creamer     22nd October 2018 State-owned electricity utility Eskom is preparing to roll-out battery energy storage systems (BESS) across multiple sites as part of a replacement plan for the 100 MW Kiwano concentrated solar power (CSP) project initially approved as part of the $3.75-billion World Bank loan extended to the... 

Clash over Trump tariffs heats up with barrage of WTO litigation

By: Reuters     19th October 2018 Disputes over US tariffs and retaliatory moves by other states have sparked 12 requests for adjudication at the World Trade Organization, signalling an escalation in global trade tensions. The agenda for an Oct. 29 meeting of the WTO's dispute settlement body on Friday confirmed the legal moves,... 

Acacia Mining threatens to invoke investment treaty in Tanzania dispute 

By: Reuters     19th October 2018 Acacia Mining said on Friday it would seek direct dialogue with Tanzania over a long-running tax dispute and threatened to invoke a bilateral investment treaty should a settlement not be reached. Acacia's parent Barrick Gold has been negotiating with the Tanzanian government on behalf of... 

Solar Mining Services

19th October 2018 Solar Group is a dynamic and established PLC company with aspirations to achieve a significant global presence and market share. As a growing international explosives manufacturer and supplier of related accessories and delivery systems, the group has a global footprint that currently extends to... 

Organisations raise objections to the draft IRP

By: Kim Cloete     17th October 2018 Industry bodies and organisations have welcomed aspects of the draft Integrated Resource Plan 2018 but have also raised concerns during public hearings held in Parliament on Wednesday. They are hoping that their suggestions will be included in a final plan for South Africa’s energy future. 

Calls for greater transformation in the energy industry 

By: Kim Cloete     16th October 2018 Calls for greater participation by black professionals in the energy industry were made during public hearings into the Integrated Resources Plan (IRP), held at Parliament, on Tuesday. The Black Energy Professionals Association, an organisation of black professionals that practice their trade... 

Cradle Arc’s Thakadu mining licence extended to May 2020

By: Marleny Arnoldi     15th October 2018 Aim-listed copper and gold miner Cradle Arc has been granted an extension on its mining licence by the Botswana Ministry of Mineral Resources, Green Technology and Energy Security. The licence is now valid until May 31, 2020, and covers 28.5 km2, which includes the Thakadu openpit and adjacent... 

Study that fails to back Trump coal rescue plan kept under wraps

By: Bloomberg     15th October 2018 A report commissioned by the Energy Department failed to reach conclusions favoring the Trump administration’s efforts to prop up coal and nuclear power – and remains under wraps six months after submission. “The report hasn’t seen the light of day,” the principal author, Michael Webber tweeted... 

Court says Colombia votes cannot block mining, oil projects

By: Reuters     12th October 2018 Colombia's constitutional court on Thursday ruled that local referendums that ban mining and oil extraction cannot halt energy projects, after a raft of votes spooked multinational companies. A wave of environmentally focused anti-mining referendums over the past 18 months have worried... 

Mt Peake gets Native Title Agreement

By: Esmarie Iannucci     11th October 2018 ASX-listed TNG has signed Native Title Agreement for its Mount Peake vanadium/titanium/iron project, in the Northern Territory. The agreement was struck with the Central Land Council and the Eynewantheyne Aboriginal Corporation, the body corporate for the native title holders of the land. 

Alaska's Graphite Creek is potentially key to US defence industrial base

By: Mariaan Webb     10th October 2018 The Graphite Creek graphite project that TSX-V-listed Graphite One Resources is studying in Alaska could be a key source of supply for the US defence industry, which has recommended that the country reduce its import reliance for critical equipment and material. Commenting on the White House/US... 

Blockchain tech coming to commodities, Masters tells LME

By: Bloomberg     10th October 2018 The blockchain is coming to commodity markets, Blythe Masters told guests at the London Metal Exchange annual dinner during LME Week. The virtual ledger technology underlying cryptocurrencies such as Bitcoin promises greater confidentiality, fewer paper exchanges, better provenance and a boost in... 

Tulu Kapi on track for 2019 construction start

By: Marleny Arnoldi     10th October 2018 Aim-listed Kefi Minerals made progress with preparations for the development of its Tulu Kapi project, in Ethiopia, in the third quarter ended September 30. Project development funding has been secured through the Ethiopian government, which committed $20-million over 2019 and 2020 to fund... 

Siemens to showcase sector-specific solutions and future technologies for Industrie 4.0

9th October 2018 Integrated Digital Enterprise portfolio for machine and plant builders as well as end customers Concrete digitalization use cases from chemical, pharmaceutical, aerospace, battery, food and beverage industries 

Metals streaming a viable alternative funding solution – Fasken

By: Simone Liedtke     5th October 2018 Persistent volatility in commodity prices has made it increasingly difficult for mining companies to access debt and equity financing, which is why more mining companies may be considering entering into metals streaming agreements, as opposed to seeking traditional forms of finance, law firm... 

Cowal expansion could come sooner - Evolution

By: Esmarie Iannucci     5th October 2018 The New South Wales Department of Planning and Environment has approved gold miner Evolution Mining’s plans to increase the processing rate at its Cowal plant by 31%, from 7.5-million tonnes a year to 9.8-million tonnes a year. “This approval is a significant step towards achieving our objective... 

DBCM, partners invest R27m in upgrading primary school near Voorspoed mine

By: Creamer Media Reporter      4th October 2018 De Beers Group has, through its De Beers Fund, partnered with the Free State Department of Education and Kagiso Shanduka Trust (KST) to invest R27-million on the construction of a school in its labour sending area community of Maokeng, in Kroonstad. The construction of Phuleng primary school,... 

Union says reached wage deal with Alcoa Australia, will end strike

By: Reuters     28th September 2018 Unionised workers at aluminium producer Alcoa's Western Australian operations on Friday agreed to end a strike that lasted more than six weeks after securing better job security provisions in a new wage agreement. Workers at two alumina refineries and three bauxite mines walked out on August 8... 

Uranium import probe threatens US nuclear power industry - group

By: Reuters     27th September 2018 US nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The US Department... 

ELB partners with US Kymeta Corporation Global access, anytime, anywhere, while on the move

26th September 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce the appointment of Kymeta Corporation (Kymeta) based in Redmond, Washington, USA as a technology partner. Kymeta has been recognized for its disruptive technology that is making mobile communications more accessible and secure... 

Union says meeting with Alcoa again over strike at Australian aluminium project

By: Reuters     26th September 2018 The union at Alcoa's aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer. Unionised workers at two alumina refineries and... 

Ramaphosa aims to crowd in private resources for infrastructure fund

By: Terence Creamer     21st September 2018 President Cyril Ramaphosa has placed the creation of a public-private infrastructure fund at the heart of an economic stimulus and recovery plan, otherwise constrained by South Africa’s serious fiscal constraints. In unveiling the plan during a briefing at the Union Buildings in Pretoria on... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

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