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Lupaka upgrades Invicta road as a critical step towards imminent production

By: Henry Lazenby     12th December 2017 Peru-focused gold explorer and project developer Lupaka Gold has appointed a contractor to expand, enhance, and modify 27 km of road starting from the paved Huacho-Churin-Oyon highway, located at about 1 500 m above sea level, up to the Invicta project, located at about 3 500 m above sea level.... 

Glencore says signs labour pacts at most of its Australian coal mines

By: Reuters     8th December 2017 Global miner Glencore on Friday said it had reached new labour agreements with workers at 13 of its coal mines in Australia, ending months of negotiations over wages and benefits. The agreements are in the process of being finalised and include each of Glencore's Hunter Valley collieries in New... 

LIQUID LITHIUM

By: Martin Creamer     8th December 2017 Australian mining company Orocobre extracts lithium needed in electric car batteries from this giant pool of turquoise-coloured brine at a salt pan in Argentina. The Australian company is one of several lithium producers stepping up investment in Argentina amid expectations that President... 

Lithium giant SQM eyes new project to tackle electric-car boom

By: Bloomberg     6th December 2017 One of the world’s largest lithium producers is looking to expand into a new country as prices surge to record highs amid a nascent electric-vehicle boom led by car makers such as Tesla and Mitsubishi. Soc. Quimica & Minera de Chile SA is considering opportunities to establish a foothold in a... 

Glencore-Canada venture hitched to low-carbon economy shift

By: Martin Creamer     5th December 2017 The joint venture partnership Glencore struck with a Canadian pension plan on Tuesday provides exposure to commodities that benefit from a low-carbon economy. BaseCore Metals, a 50:50 partnership centred on base metals streams and royalties, involves Glencore Canada Corporation contributing a... 

Reunion’s profile bolstered as Barrick sinks C$9.12m to take 15% stake

By: Henry Lazenby     1st December 2017 The TSX-V-listed equity of Canadian exploration and development company Reunion Gold jumped more than 10% on Friday after announcing that the world’s largest gold producer by output, Barrick Gold, has taken a 15% stake. NYSE- and TSX-listed Barrick has acquired 48-million Reunion shares, through... 

Pilot Crushtec launches modular solutions, increases service offering

By: Mia Breytenbach     1st December 2017 Crushing and screening specialists Pilot Crushtec International has launched two new products – the Pilot Modular MAXIscalp 600 and the Metso Nordplant C80 primary crushing station intended for use in modular configurations – at its 2017 Open Day last month.   The MAXIscalp 600 is the world’s... 

Lupaka kicks off Invicta PEA

By: Henry Lazenby     29th November 2017 Peru-focused gold explorer and project developer Lupaka Gold has appointed consulting engineering firm SRK Consulting Canada the lead contractor to prepare a preliminary economic assessment (PEA) on its 100%-owned Invicta gold project. Invicta is an advanced-stage gold/copper polymetallic... 

German minerals firm K&S lifts Q3 earnings, adjusts Canada mine ramp-up

By: Mariaan Webb     15th November 2017 German potash and salt producer K+S on Wednesday reaffirmed its earnings forecast for the full year, as it posted higher third-quarter revenue and earnings. The Kassel-headquartered company, which has production sites in Europe, North America and South America, increased its revenue by 6%... 

Glencore is said close to creating mining royalty company

By: Bloomberg     15th November 2017 Glencore is close to finalising a $700-million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty company, according to people familiar with the matter. The Swiss commodity giant will bring royalty agreements from about 10 mines, while Ontario Teachers’ will... 

Goldplat’s gold sales up 95% in September quarter

By: Mia Breytenbach     3rd November 2017 African gold recovery services company Goldplat has achieved a 95% year-on-year increase in gold sales to 14 374 oz for the quarter ended September 30. "With operational profitability achieved at all operations and good progress being made on our strategic objectives, I am very pleased with the... 

Openpit mine enhancing rigid dump truck performance 

By: Nica Schreuder     27th October 2017 The Tharisa openpit platinum, gold and chrome mine, in the North West, has embarked on a value-add improvement project to extend the length of oil-drain intervals on a specific fleet of rigid dump trucks (RDTs) and, subsequently, reduce downtime and save costs. The project is being led by... 

Nicaragua-focused Condor gains TSX listing

By: Henry Lazenby     24th October 2017 London, UK-based explorer Condor Gold has been given conditional approval to list its equities on the TSX main board, in Toronto. Focused on its flagship La India project, in Nicaragua, the company advised that it will maintain its LSE Aim stock listing. 

Goldplat increases gold sales in Sept quarter

By: Mia Breytenbach     24th October 2017 Aim-listed gold producer Goldplat has achieved a 95% year-on-year increase in gold sales to 14 374 oz for the quarter ended September 30. "With operational profitability achieved at all operations and good progress being made on our strategic objectives, I am very pleased with the results for the... 

LANXESS

     20th October 2017 Despite South Africa being the largest contributor to the ferrochrome industry, the sector remains under immense pressure. Specialty chemicals company LANXESS is the only company in South Africa that handles the entire chemical chrome value chain, from the mining of the raw material, chrome ore,... 

RCT’s agility and adaptability in demand

     3rd October 2017 The majority of mine sites today utilise a mixed fleet in their operations; acquiring machines that best suit their needs at different stages of the mining process. As companies look towards bringing automation and information gathering into the forefront of their operations; it is important they... 

Gigantic SA-made ore scrubber destined for Sierra Leone mineral sands mine

By: Mia Breytenbach     29th September 2017 Mechanical process equipment and solutions provider MechProTech has completed the manufacturing of one of its largest pieces of mining process equipment – the multimillion-rand, Titan 3596 mineral ore scrubber – which will be delivered to a mineral sands mine in Sierra Leone. MechProTech focuses... 

Master Drilling aiming to extend geographical, technological diversification

By: Mia Breytenbach     22nd September 2017 Raise-boring and drilling solutions provider Master Drilling continues to extend its service provision capacity and technology reach, with the company focusing on diversifying into new markets and industries and advancing technologically. “Diversification across geographies, commodities,... 

Russian nuclear giant joins scramble to supply electric-car boom

By: Bloomberg     20th September 2017 Russia’s State-owned nuclear corporation is joining the lithium rush. After a collapse in the price of uranium, Rosatom Corp. plans to start mining and trading the metal used in batteries as it seeks to profit from the rapid rise of electric vehicles. 

Goldplat sees growth opportunities at Ghana recovery business, Kenya mine

By: Creamer Media Reporter      18th September 2017 Aim-listed Goldplat expects growth in its recovery business to come from its Gold Recovery Ghana (GRG) subsidiary in the 2018 financial year. Goldplat, which on Monday released its results for the financial year ended June 30, noted the difficulty in procuring sufficient appropriate quality... 

Coal market boom casts bullish trajectory for Corsa as it prowls for M&A ops

By: Henry Lazenby     14th September 2017 Surprising as it may seem, coal demand is at an all-time high, with the current heydays spelling “good profits and rising margins” for several miners in this space, including US-focused Corsa Coal. The TSX-V-listed miner, which produces coal from six mines, has one development mine and operates... 

Master Drilling posts resilient interim results, continues technological innovation focus

By: Mia Breytenbach     12th September 2017 Two additional machines and the impact of favourable foreign-exchange movements have contributed to a 12.5% increase in JSE-listed drilling services provider Master Drilling’s revenue to $60.5-million for the six months ended June 30. The group added two raise-bore machines during the period... 

Supplying lithium gets trickier as electric revolution looms 

By: Bloomberg     22nd August 2017 Hidden within the salt flats high in the Andes mountains of South America are vast deposits of the lithium that Elon Musk may need for his electric-car revolution. But extracting the mineral from brine ponds created by Orocobre has proved more difficult than expected. Bad weather and pump... 

Freeport-McMoRan redeems five series of senior notes

By: Henry Lazenby     18th August 2017 The world’s largest publicly traded copper producer Freeport-McMoRan (FCX) has redeemed five series of senior notes with a total value of $543-million. The Phoenix, Arizona-headquartered company advised that it had issued notices to redeem on September 18, with two series of FCX senior notes and... 

Integra Resources created to replicate Integra Gold’s success

By: Henry Lazenby     18th August 2017 Shell company Mag Copper has rebranded and appointed three former executives of Integra Gold, which was acquired by Eldorado Gold last month for C$590-million, to replicate the former company’s success elsewhere in the Americas. The company, to be rebranded Integra Resources, plans to acquire a... 

South African zinc industry buoyed by ongoing developments

By: Tasneem Bulbulia     18th August 2017 The South African zinc industry may be under pressure, but there are numerous developments under way that are strengthening the sector, suggests International Zinc Association of South Africa (Izasa) regional director Rob White. He says the depressed state of the local zinc market is a result of... 

Producing hydromining technology for greater productivity

By: Simone Liedtke     18th August 2017 Mining services provider Fraser Alexander is developing two technologies – a jet-pump system and an automated hydraulic re-mining unit – for the efficient reclamation of gold or platinum tailings through hydro mining. 

On-The-Air (11/08/2017) 

By: Martin Creamer     11th August 2017 Technology has been configured that will unleash another mining boom when implemented by the struggling mining industry; A massive 40% of the gold ore in South Africa’s rich gold basin is wastefully left behind because of outdated mining methods; and If platinum ore could be pre-sorted using... 

Cable management company fortifying ties with Australia

By: Marleny Arnoldi     11th August 2017 South African cable management solutions company Strutfast aims to expand its operations and open an office in Perth, early next year, owing to the Western Australia capital being the recognised centre for mining operations in Australia and also hosting the head offices of many companies that own... 

Electric car boom drives rush to mining's $90bn heartland

By: Bloomberg     7th August 2017 A scramble by the lithium market’s biggest players to tie up supply of the high-tech metal is gathering pace in the 170-year-old heartland of Australia’s $90- billion mining industry. Rising Chinese demand for lithium-ion batteries needed for electric vehicles and energy storage is driving... 

Diamond output leap helps Anglo

By: Martin Creamer     20th July 2017 A sharp rise in rough diamond production at a time of stable diamond trading conditions has boosted diversified mining company Anglo American in the three months to June 30, when overall production was 8% up on a copper-equivalent basis. Rough diamond production increased by 36% to 8.7 million... 

Burundi rare earths project on track for first production

By: Nica Schreuder     14th July 2017 Rare-earth element mining company Rainbow Rare Earths says it has made significant progress towards achieving first production at its Gakara rare earths project in Burundi, East Africa, with about $6-million has been invested in the project to date. Bolstered by Rainbow’s completion of an... 

Miners rewarded for improved capital discipline

By: Henry Lazenby     11th July 2017 Increased cash flows, merger and acquisition (M&A) activity and new debt issues have helped many of the world’s top miners strengthen their balance sheets in 2016, reflecting miners’ response to investor messages around capital discipline, according to new analysis from PwC Canada. "As the global... 

Manganese makes list of key tech metals heading for short supply

By: Martin Creamer     11th July 2017 Nothing can stop the proliferation of iPhones, solar panels and Teslas, except perhaps a shortage of key natural resources, comments the latest Fortune magazine, which puts manganese from South Africa on the list of crucial technology metals needed in the US. Fortune’s world map showing the... 

Advantage Lithium accelerates drilling at flagship Cauchari asset

By: Henry Lazenby     11th July 2017 Canadian explorer Advantage Lithium has added a second drill rig at its Cauchari joint-venture (JV) lithium property, located in the Cauchari Salar of Jujuy province, in north-west Argentina. The Vancouver-based company said on Monday that the second rotary drill rig has been mobilised and has... 

Strategic partners Minera Alamos, Osisko Gold Royalties asset hunting in LatAm

By: Henry Lazenby     8th July 2017 Empowered by its strategic investment partner Osisko Gold Royalties, Canadian explorer and project developer Minera Alamos is on the hunt for large contiguous mineralised blocks in Mexico and elsewhere in Latin America. “As markets continue to improve in the short term, we are aiming at putting... 

Data-mining improves mine management  

By: Victor Moolman     7th July 2017 The new technologies being developed by multinational engineering and electronics company Bosch to help improve mine management are part of Mining 4.0 taking place at projects worldwide. 

New mining technologies inspire optimism in South America

By: Tasneem Bulbulia     7th July 2017 While there is a level of general caution, owing to the inherent “volatile nature” of the mining industry, the South American mining market is mostly characterised by growing optimism, owing to the benefits of mining technologies, posits global leader in the development of advanced dragline and... 

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