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Sierra Rutile resumes operations

By: Esmarie Iannucci     31st October 2018 Mineral sands miner Iluka Resources has restarted mining operations at its Sierra Rutile project, in Sierra Leone, following illegal strike actions at the operation. Iluka told shareholders that that the company had engaged with the United Mineworkers’ Union and the government of Sierra Leone,... 

Sierra Rutile resumes operations

By: Esmarie Iannucci     31st October 2018 Mineral sands miner Iluka Resources has restarted mining operations at its Sierra Rutile project, in Sierra Leone, following illegal strike actions at the operation. Iluka told shareholders that that the company had engaged with the United Mineworkers’ Union and the government of Sierra Leone,... 

Busy year for exploration in Africa

19th October 2018 Exploration in gold has been the main driver of its busy work schedule in Africa this year, while precious gems have also seen strong demand, says engineering consulting firm SRK Exploration Services (SRK ES) senior exploration geologist Oliver Bayley. “We have worked on 25 African exploration... 

SRK Ghana expanding into other West African markets

By: Nadine James     19th October 2018 As the economic mood in the global mining industry turns towards the better, SRK Consulting’s Accra office, in Ghana, has been making inroads into new markets in Côte d’Ivoire and Togo, SRK Ghana country manager John Kwofie noted in a release last week. He believes that there is potential for... 

Cavex® Hydrocyclones Expand Footprint Across Africa

16th October 2018 Weir Minerals Africa has expanded its Cavex® hydrocyclone footprint across Africa with its most two recent orders going into the Central African Copperbelt; one in Zambia and one in the Democratic Republic of Congo (DRC). Sheldon Gabriel, Product Manager – cyclones at Weir Minerals Africa, says... 

Grindrod reports strong recovery in interim earnings

By: Marleny Arnoldi     31st August 2018 Freight and financial services group Grindrod has achieved a strong year-on-year recovery in the six months to June 30, with its earnings a share having increased to 317c, compared with a loss a share of 11.5c in the first half of 2017. Headline earnings a share were 3.8c, compared with a... 

African Battery Metals shifts focus to nickel/cobalt, relinquishes Sierra Leone projects

By: Marleny Arnoldi     30th August 2018 Aim-listed African Battery Metals (ABM) has decided to relinquish its interests in gold and iron-ore projects in Sierra Leone to focus on its newly acquired nickel and cobalt projects in Cameroon and Côte d’Ivoire. The company believes there are attractive long-term market fundamentals for... 

Applied Mineral Technologies

27th August 2018 Established in 2001, South African materials handling systems and processing plants construction company Applied Mineral Technologies (Amtec) has come a long way from being a consultancy to a fully fledged industrial construction company. Amtec specialises in civil, structural, mechanical, piping... 

Iluka's H1 earnings surge

By: Esmarie Iannucci     16th August 2018 Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in the interim period, compared with the A$154.6-million in the previous... 

‘Solid’ safety: Vital Engineering’s solid forged handrails and stair tread nosing – safety assured for the local and pan-African mining sector

7th August 2018 Mining is a primary creator of wealth and employment, and, as such, places demands on the people and equipment employed this all-important sector. To keep mines operating efficiently, quick, safe access to areas such as minerals processing plants is essential. Founded in 1939, Vital Engineering... 

Artisanal mining, geopolitical milieu remain challenges

By: Erin Steenhoff-Snethlage     13th July 2018 Artisanal mining in West Africa, as well as an unstable geopolitical environment, remain core challenges to mining investment in the area, states Western Australia-based project developer Sarama Resources. “As noted by a number of key industry players, artisanal mining is becoming pervasive and... 

Resource nationalism on the rise in sub-Saharan Africa

By: Nadine James     15th June 2018 The seemingly increasing trend towards nationalist thinking, combined with and likely driven by growing economic inequality, has resulted in several changes in mining and tax legislation in sub-Saharan Africa countries. Herbert Smith Freehills Africa Group co-chair and partner Peter Leon says the... 

Resource nationalism on the rise in sub-Saharan Africa

By: Nadine James     15th June 2018 The seemingly increasing trend towards nationalist thinking, combined with and likely driven by growing economic inequality, has resulted in several changes in mining and tax legislation in sub-Saharan Africa countries. Herbert Smith Freehills Africa Group co-chair and partner Peter Leon says the... 

DRA consolidates West African footprint with Sierra Leone EPC project

By: Anine Kilian     28th May 2018 Global engineering firm DRA has secured a contract with Iluka Resources subsidiary Sierra Rutile for the expansion of its mineral sands operations in the Bonthe district of Sierra Leone. Sierra Rutile’s Gangama plant, which was originally built by DRA in 2016, will double its capacity to between... 

Sierra Leone president to push review of mining law, contracts 

By: Reuters     25th May 2018 Sierra Leone's new president will follow through with campaign promises to review mining contracts and consider changes to the law that would ensure the West African nation benefits from its natural resources, his spokesperson told Reuters. Sierra Leone, which is recovering from a devastating... 

Billionaire Beny Steinmetz is digging for diamonds again

By: Bloomberg     14th May 2018 Billionaire Beny Steinmetz is back to mining diamonds. The Koidu mine in Sierra Leone, controlled by the billionaire’s family trust, has started mining again after halting production for almost a year. It’s the latest step in a recovery for a business that’s spent much of the last few years in... 

Newfield Resources’ acquisition of Stellar Diamonds clears all hurdles

By: Marleny Arnoldi     25th April 2018 With all conditions for the proposed acquisition by Australian diversified exploration company Newfield Resources of Aim-listed Stellar Diamonds, now met, the acquisition will become effective from April 26.  

De Beers to launch pilot programme to aid artisanal, small-scale miners

By: Marleny Arnoldi     19th April 2018 Diamond miner De Beers is preparing to pilot a programme, called GemFair, to support the formalisation of artisanal and small-scale (ASM) diamond mining and trading.  

West and Central African Mining Summit to tackle vital issues

13th April 2018 The upcoming tenth West and Central African (WaCA) Mining Summit and Expo will showcase the dynamism and resilience of the mining industry in these regions, as well as explore the challenges facing mining in the region, with speakers that will cover various topics that have significant impact on... 

NWF to raise A$3m through share placement

By: Anine Kilian     12th April 2018 ASX-listed Newfield Resources (NWF), which plans to acquire the entire issued and to-be-issued share capital of Africa-focused Stellar Diamonds for £7.74-million, will raise A$3-million through the issue of 15-million new shares. The shares will be sold at A$0.20 a share. 

Mining in sub-Saharan Africa region to remain riskiest globally – BMI

By: Simone Liedtke     11th April 2018 Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertainty rises in various markets across the region, says BMI Research. In addition to increasing regulatory uncertainty, the region will also witness challenges stemming from... 

Stellar Diamonds agrees to acquisition by Australia’s NWF

By: Megan van Wyngaardt     12th March 2018 Australian exploration company Newfield Resources (NWF) and Africa-focused miner Stellar Diamonds have reached an agreement regarding NWF’s proposed acquisition of Stellar’s entire issued and to be issued share capital for £7.74-million. The ASX-listed company owns an advanced diamond project in... 

SA Hippo Submersible Slurry Pump® goes to Sierra Leone Diamond Mine

By: Creamer Media Reporter      9th March 2018 HAZLETON PUMPS® successfully manufactured and delivered five HIPPO Submersible Slurry pumps® for Carl Hamm PPS (Pty) Ltd, a subsidiary of the German company Carl Hamm GMPH. Carl Hamm Pipes Pumps Solutions specializes in dewatering from surface where access is problematic and provide complete... 

Beny Steinmetz's mining firm BSGR enters administration to protect itself 

By: Reuters     8th March 2018 Mining company BSG Resources (BSGR) on Wednesday said it had voluntarily entered into administration, adding it had taken the decision to protect itself as it faces legal action. BSG Resources, the mining arm of billionaire Beny Steinmetz's businesses, is caught up in legal disputes in relation... 

Sierra Leone to vote amid discontent over ebola, iron-ore

By: Bloomberg     6th March 2018 Sierra Leone will hold elections on Wednesday in which an unprecedented number of political parties will compete as discontent over the government’s handling of an economy battered by the Ebola outbreak has soared. The vote marks a departure from a decades-old tradition that mainly divided the... 

Stellar trusting Newfield deal to provide Tongo-Tonguma funding

By: Megan van Wyngaardt     5th March 2018 Aim-listed Stellar Diamonds has, over the past six months, continued to focus on sourcing the necessary funding to bring its Tongo-Tonguma project, in eastern Sierra Leone, into production. "The capital markets in the UK have proven extremely difficult to raise funds for junior mining companies... 

Iluka declares dividend, sees growth on price increases

By: Megan van Wyngaardt     27th February 2018 ASX-listed Iluka Resources has recorded a 140% increase in its underlying earnings before interest, tax, depreciation and amortisation to $361-million for the year ended December 2017, with strengthened mineral sands markets throughout 2017 underpinning strong free cash flow of $322-million, up... 

Contractors start FEED study at Stellar’s Sierra Leone project

By: Creamer Media Reporter      20th February 2018 The front-end engineering and design (FEED) study for the underground mine development at Aim-listed Stellar Diamonds’ Tongo-Tonguma project, in Sierra Leone, is now under way. Stellar on Tuesday said a team of five consultants from contractors Paradigm Project Management (PPM) and SRK Consulting... 

Explorer changes name as it targets production of cobalt, other battery metals in DRC

By: Mia Breytenbach     2nd February 2018 Multicommodity exploration and development company Sula Iron & Gold, which has changed its name to African Battery Metals (ABM), will now focus on developing its cobalt exploration licences in the Democratic Republic of Congo (DRC). Trading in the company’s shares under its new name started last... 

Stellar Diamonds receives buyout offer

By: Megan van Wyngaardt     1st February 2018 Aim-listed Stellar Diamonds is in advanced negotiations regarding a possible share offer for the entire issued and to-be-issued share capital of the company by Australian exploration company Newfield Resources (NWF). Under the terms of the offer, Stellar's shareholders and the holders of rights... 

Iluka production up as Sierra Rutile plays in

By: Megan van Wyngaardt     29th January 2018 Mineral sands producer Iluka on Monday reported a 22% increase in its yearly production of zircon, rutile and synthetic rutile, at 825 000 t. The ASX-listed company attributed the increase to the inclusion of Sierra Rutile's production of 171 000 t, following the acquisition of the Sierra... 

Sula to pursue DRC cobalt opportunities as it changes name to African Battery Metals

By: Mia Breytenbach     19th January 2018 Multicommodity exploration and development company Sula Iron & Gold, which has changed its name to African Battery Metals (ABM), will now focus on developing its cobalt exploration licences in the Democratic Republic of Congo (DRC). Trading in the company’s shares under the new name started on... 

Only four diamonds are bigger than one just found at famed mine

By: Bloomberg     16th January 2018 A small, embattled diamond miner just hit the jackpot. The 910-carat stone found by Gem Diamonds Ltd. high in the mountains of Lesotho in southern Africa is the fifth-largest in history. Here are the bigger ones: THE CULLINAN DIAMOND 

Stellar narrows loss as Tongo-Tonguma project construction continues

By: Henry Lazenby     20th December 2017 Aim-listed Stellar Diamonds has narrowed its full-year loss while continuing to make progress on developing its Tongo diamond project, in Sierra Leone. For the financial year ended June 30, the company reported a pretax loss of $2.3-million, compared with $7.1-million a year earlier. 

BME’s West African footprint expands as it clinches Mali blasting service contract

By: Mia Breytenbach     15th December 2017 West Africa remains an exciting region for South Africa-based explosives and blasting leader BME, which has won a full blasting service contract for a new opencast gold mining operation that is set to become the largest producer in Mali. From 2006 to 2015, 18 mines were opened in the region,... 

Africa's Sula Iron and Gold changes gear with DRC cobalt licence

By: Reuters     12th December 2017 Junior explorer Sula Iron and Gold plans to change its name to African Battery Metals, reflecting a shift in focus after it bought a controlling stake in a cobalt licence in Democratic Republic of Congo (DRC). The deal, which needs to be approved by shareholders later this month, would make Sula... 

Crucial for commodity countries to build economic resilience – Unctad 

By: Martin Creamer     11th December 2017 Without policy change, commodity-dependent developing countries risk falling short of achieving their sustainable development goals (SDGs) by 2030, United Nations Conference on Trade and Development (Unctad) economic affairs officer Stefan Csordas warned on Monday. Unctad and the Food and... 

Mike Brown steps in as Gem Diamonds nonexecutive director

By: Dylan Slater     7th December 2017 Diamond producer Gem Diamonds is set to receive fresh blood as decade-sitting Gavin Beevers will not stand for re-election in 2018 as a nonexecutive director 

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