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Santos starts up second unit at GLNG

By: Mariaan Webb     26th May 2016 Oil and gas company Santos has started producing liquefied natural gas (LNG) at the second unit of the GLNG joint venture project, on Curtis Island, in Queensland, marking the successful delivery of the $18.5-billion two-train project. Santos MD and CEO Kevin Gallagher on Thursday described the... 

Up your game on sustainability, challenges Manuel

By: Kim Cloete     16th May 2016 Former Finance Minister Trevor Manuel has criticised both governments and companies for failing to live up to their commitments on sustainable development and has called for better laws and greater enforcement of those laws. He was speaking at the first ever Sustainable Brands Conference to be... 

Another Mozambique coal railway project develops, while country is hit by debt scandal 

By: Keith Campbell     6th May 2016 The international tender for the construction of a new railway to link Mozambique’s coal fields to the coast closed at the end of last week. The project is being developed by Thai Moçambique Logística, a joint venture between Thailand-based Italian Thai Development Company, which has a 60% share,... 

Indian miners flay government push for iron-ore value addition

By: Ajoy K Das     26th April 2016 Indian miners have flayed the government decision to promote only the exports of value-added iron-ore as “fallacious”. Miners claim that being competitive in the production and export of iron-ore does not necessarily mean that conserving the same for domestic operations would improve India's... 

GLNG reaches another milestone

By: Esmarie Swanepoel     15th April 2016 The $18.5-billion Gladstone liquefied natural gas (GLNG) project, in Queensland, on Friday loaded its twenty-fifth LNG cargo for export. The GLNG project shipped its first LNG cargo in October last year, after production from its first LNG train started in September. 

Nuclear regulator confirms receipt of Thyspunt, Duynefontein applications 

By: Terence Creamer     15th March 2016 South Africa’s National Nuclear Regulator (NNR) confirmed on Tuesday that it had received, on March 10, two Nuclear Installation Site Licence (NISL) applications from Eskom for Thyspunt, in the Eastern Cape, and Duynefontein, in the Western Cape. The NNR said that both NISL applications had been... 

Asian demand to benefit Australia gas exports – govt report

By: Esmarie Swanepoel     4th March 2016 Australia’s long-term gas exports were expected to benefit from the growing demand of emerging economies in the Asian region, the Office of the Chief Economist reported on Friday. In the ‘Gas Market Report 2015’, the Department of Industry, Innovation and Science noted that despite current... 

Forevermark expands footprint to three new countries

By: Megan van Wyngaardt     3rd March 2016 Diamond miner De Beers has launched its Forevermark brand in Hungary, Thailand and South Korea, bringing its total number of outlets to 1 700 in 38 consumer markets. Forevermark launched in Hungary with R-A Diamonds, a distributor and wholesaler for fine diamond jewellery and loose diamonds. R-A... 

Glencore positive on coal turnaround

By: Martin Creamer     1st March 2016 Diversified mining and marketing company Glencore, which plays a leading role in the global seaborne steam coal market including being the major exporter of the mineral out of South Africa’s Richards Bay Coal Terminal (RBCT), spoke positively on Tuesday on the outlook for a coal turnaround. “Coal... 

Magnis raises funds for Tanzania graphite project

By: Esmarie Swanepoel     12th February 2016 Graphite developer Magnis Resources has raised A$3-million through a share placement to sophisticated and institutional investors to complete the bankable feasibility study and progress the Nachu project, in Tanzania. More than 8.5-million shares were issued at a price of 35c each. 

Crystallisation and AMD, cobalt and human rights, new gold mine’s snags

By: Martin Creamer     29th January 2016 The use acid mine drainage water in Eskom power stations may be possible; child labour to produce cobalt is decried; new gold mine in Liberia seeking to defer payments 

Child labour rife at DRC cobalt mines, say NGOs

By: David Oliveira     29th January 2016 Major electronics brands, including Apple, Samsung and Sony, are failing to do basic checks to ensure that cobalt mined by children has not been used in their products, according to Amnesty International and Africa Resources Watch (Afrewatch) in a report published in January. The report, ‘This is... 

Scornful report on high-tech cobalt supply chains could prove a boon to Western producers

By: Henry Lazenby     22nd January 2016 A report released this week by advocacy group Amnesty International has revealed human rights abuses by one of the world’s largest cobalt producers in the Democratic Republic of Congo (DRC), which raises the possibility of accelerating a looming supply gap. The report, 'This is what we die for:... 

Mt Cattlin slated for first exports in July

By: Esmarie Swanepoel     22nd January 2016 The Mt Cattlin spodumene/tantalum mine, in Western Australia, is on track to export its first concentrate in July this year, as ASX-listed General Mining Corporation works to restart production. General Mining Corporation last year inked an agreement with fellow-listed Galaxy Resources to... 

Arafura finds potential JV partner for rare earths separation plant

By: Esmarie Swanepoel     7th January 2016 Rare earths developer Arafura Resources has signed a memorandum of understanding (MoU) with South Korean chemical manufacturer OCI Company to establish a joint venture (JV) separation plant in South Korea. The MoU follows a letter of intent signed in June last year. In the subsequent months, the... 

India amenable to ship more iron to Japan and Korea

By: Ajoy K Das     16th December 2015 In the wake of falling commodity prices and export volumes, India was looking to increase shipments to Japan and South Korea under existing three-year bi-lateral contracts. According to a senior government official, the Commerce Ministry, which oversees the bi-lateral long-term iron-ore... 

Roy Hill ore shipment delayed to next week

By: Esmarie Swanepoel     4th December 2015 Despite having loaded first ore from the Roy Hill mine, in Western Australia, the project developer has again warned of a delay in the shipment. Roy Hill said this week that owing to progressive commissioning and operational and safety constraints on the first shipment required by the Pilbara... 

Rinehart's Roy Hill readies for first iron-ore shipment

By: Esmarie Swanepoel     1st December 2015 Iron-ore developer Roy Hill has stared loading its first ore from the Roy Hill mine, in Western Australia, after the MV Anangel Explorer docked in Port Hedland earlier this week. “This is a truly fantastic occasion as we receive the first vessel alongside the Roy Hill wharf and the first of our... 

Iron-ore futures fall below $40/t as new Australian supply arises

By: Martin Creamer     30th November 2015 The iron-ore price on Singapore's most active iron-ore futures market was below $40/t for the first time, Investec noted on Monday, when it reported that additional iron-ore supply was about to be shipped from Gina Rinehart’s new Roy Hill iron-ore mine, in Australia. Quoting Bloomberg, Investec... 

Cliffs blames idling of 2 Minnesota ops on high volume of steel 'dumping' in US

By: Henry Lazenby     18th November 2015 US iron-ore producer Cliffs Natural Resources on Tuesday complained that foreign steel being "dumped" in the US negatively impacted the steel production levels of its domestic customers, which forced it to shutter two Minnesota operations and cut 450 jobs. While the United Taconite operation had... 

Mt Cattlin product marked for Asia

By: Esmarie Swanepoel     28th October 2015 ASX-listed General Mining Corporation has signed a sales and distribution agreement with Japanese major Mitsubishi Corporation for all of the lithium-bearing spodumene concentrate produced at the Mt Cattlin project, in Western Australia. Under the terms of the agreement, Mitsubishi would have the... 

Santos eyes higher output on lower costs

By: Esmarie Swanepoel     23rd October 2015 Takeover target Santos has broken the one-million-tonne liquefied natural gas (LNG) sales volume barrier during the three months to September. The company reported on Friday that LNG sales volumes had more than doubled in 2015, with further growth expected in the fourth quarter of the year, after... 

Santos ships first Gladstone LNG

By: Esmarie Swanepoel     16th October 2015 Oil and gas major Santos has made the first shipment of liquefied natural gas (LNG) from the $18.5-billion Gladstone LNG project (GLNG). The cargo was bound for South Korea. 

Mozambique’s coal sector still embattled, but bottlenecks should soon go

By: Keith Campbell     16th October 2015 Although Mozambique is an established producer of heavy mineral sands and high-quality rubies and, although important high-quality graphite projects will soon start operation and gold is likely to be added to the country’s mining portfolio in the near future, it cannot be doubted that the mining... 

Mozambique’s coal sector still embattled, but bottlenecks should soon go

By: Keith Campbell     16th October 2015 Although Mozambique is an established producer of heavy mineral sands, of high quality rubies, and although important high quality graphite projects will soon start operation and gold is likely to be added to the country’s mining portfolio in the near future, it cannot be doubted that the mining... 

Canada becomes founding partner of historic Trans-Pacific Partnership, to boost resource sectors

By: Henry Lazenby     5th October 2015 Canada on Monday became one of the 12 founders of the historic Trans-Pacific Partnership (TPP) free-trade agreement (FTA) that could ensure an increase in Canadian exports and investment to member countries, supporting jobs for Canadians at home and abroad. The TPP was a multilateral trade... 

Mooted free-trade area seen boosting intra-African minerals trade flows

By: Ilan Solomons     11th September 2015 Formal negotiations are taking place among the 54 member States of the African Union (AU) to create a free-trade zone on the continent by 2017. The AU Assembly launched the Continental Free Trade Area (CFTA) negotiations during the twenty-fifth Ordinary Summit of Heads of State and Government on... 

Mooted free-trade area seen boosting intra-African minerals trade flows 

By: Ilan Solomons     11th September 2015 Formal negotiations are taking place among the 54 member States of the African Union (AU) to create a free trade zone on the African continent by 2017. The AU Assembly launched the Continental Free Trade Area (CFTA) negotiations during the twenty-fifth Ordinary Summit of Head of States and... 

Fuel cells used at Eastern Cape schools

     21st August 2015 Hydrogen fuel cell technology has been used successfully to provide standby power at three schools in Cofimvaba, in the Eastern Cape, since September 2014, mining major Anglo American announced in June. 

African States urged to be more involved as seabed mining regulations are drawn up

By: Anine Kilian     7th August 2015 The participation of African States is crucial as the International Seabed Authority (ISA) undertakes the task of preparing the rules and regulations for the future exploitation of deepsea minerals, ISA deputy to the secretary-general Michael Lodge has said. Speaking at the ‘Exploration and... 

African States urged to be more involved as seabed mining regulations are drawn up

By: Anine Kilian     7th August 2015 The participation of African States is crucial as the International Seabed Authority (ISA) undertakes the task of preparing the rules and regulations for the future exploitation of deepsea minerals, ISA deputy to the secretary-general Michael Lodge said. Speaking at the ‘Exploration and... 

De Beers has weak first half, looks forward to H2

By: Megan van Wyngaardt     24th July 2015 Diamond mining giant De Beers on Friday said that, despite a challenging first half, it still achieved a solid operating performance. However, its underlying earnings before interest and taxes (Ebit) decreased by 25% to $576-million for the six months ended June, compared with $765-million in the... 

Nuclear energy procurement process to start this month, budget not revealed 

By: Shirley le Guern     14th July 2015 The procurement process for South Africa’s new build nuclear energy programme will start in the second quarter of this year and be completed by the end of the 2015 financial year with the selection of either a single or a group of strategic partners, the Department of Energy (DoE) has revealed.... 

Work with govt to simplify mining policy – Rossouw

By: Martin Creamer     1st July 2015 The time had come for the private sector to start making it clear that it wished to work with government to simplify mining policy and collaborate towards less regulation and greater implementation. “Step up and get involved in providing meaningful information and honest comment,” thought leader... 

Australian coal prices rise as scorching Asian heat pushes up demand

By: Reuters     17th June 2015 Australian coal prices have risen almost 8% since the beginning of June as a drought in South Asia pushes up power demand, although the overall sentiment in the sector remains bearish due to falling imports by other major Asian buyers. Coal prices for prompt physical delivery from its Newcastle... 

South Africa to launch nuclear procurement in ‘second quarter’ 

By: Terence Creamer     19th May 2015 South Africa would commence a procurement process in the second quarter of the current financial year to select a “strategic partner or partners” to build 9 600 MW of new nuclear capacity, Energy Minister Tina Joemat-Pettersson announced on Tuesday. Government’s financial year began on April 1,... 

Gold demand remains stable – WGC

By: Megan van Wyngaardt     14th May 2015 Gold demand for the first three months of this year was 1 079 t, down 11 t, compared with the first quarter of 2014, the World Gold Council (WGC) said in its latest ‘Demands Trends’ report, released on Wednesday.  In value terms, gold demand in the first quarter was $42-billion, down 7% compared... 

DoE outlines next nuclear steps as it completes ‘pre-procurement phase’

By: Terence Creamer     31st March 2015 The Department of Energy (DoE) announced on Tuesday that the pre-procurement phase for South Africa’s proposed roll-out of a nuclear new build programme had been completed, following the latest in a series of workshops with vendor countries and their companies. Consultations had been held with... 

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