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BPI Launch Marks a New Era in Battery Driven Mining Technology in SA

Updated 7 hours ago Battery Power Industries (BPI), an innovative battery driven mining vehicle solution provider has officially launched. BPI targets zero emission underground mining equipment with their advanced battery energy systems technology offering. BPI is a proudly South African OEM specialising in the... 

WSP named Advisor of the Year in African investor 2018 Awards

19th June 2018 WSP in Africa, one of the largest multi-disciplinary engineering consultancies on the continent, was named Advisor of the Year in the Africa investor (Ai) 2018 African Infrastructure Investment Awards. The Awards were presented during an awards dinner last night, as part of the Ai CEO... 

Argosy declares maiden resource at Rincon

By: Esmarie Swanepoel     19th June 2018 ASX-listed Argosy Minerals has reported a maiden inferred mineral resource of 207 957 t of contained lithium carbonate equivalent at its Rincon lithium project, in Argentina. MD Jerko Zuvela said on Tuesday that the resource estimate would support production targets at Rincon, which Argosy was... 

Charter in current form will not promote investment, growth – MCSA

By: Simone Liedtke     18th June 2018 The Minerals Council South Africa (MCSA) believes that while the draft Mining Charter 2018 is a material improvement on the 2017 iteration, much more work needs to be done to create a Mining Charter that promotes competitiveness, investment, growth and transformation for the growth and prosperity... 

On-The-Air (15/06/2018) 

By: Martin Creamer     15th June 2018 Mining companies are going all out to combat the deadly scourge of malaria in Africa in compliance with United Nations wishes. South Africa’s meticulous mineral codes are rapidly emerging as global world beaters. De Beers has concluded a R600-million black economic empowerment deal at... 

Alrosa auctioning large rough diamonds in Asia

By: Rebecca Campbell     15th June 2018 Russian diamond mining major is currently holding an auction in Hong Kong for large rough diamonds, and will soon start a second one in Vladivostock. The Hong Kong auction started on June 13 and will run until June 27. The Vladivostock auction will start on June 18 and conclude on June 29. In... 

Canada and Argentina sign energy and mining MoUs

By: Creamer Media Reporter      14th June 2018 Ministers from Canada and Argentina on Thursday signed three memoranda of understanding (MoUs), dealing with energy efficiency, mining policy and nuclear energy cooperation. The MoUs demonstrate that the two countries place a high priority on energy efficiency as a means to reduce energy use and... 

Glencore Coal provides free WiFi to two host communities

By: Nadine James     14th June 2018 Thermal coal miner Glencore Coal South Africa (SA) has launched a free WiFi initiative, which will allow members of two of the company’s host communities, Phola and Ogies, to access 500 MB/d per person for educational, economic and leisure purposes. The initiative currently comprises six... 

Copper industry in crisis, new areas pursued

By: Jessica Oosthuizen     13th June 2018 The global copper industry is in crisis – traditional orebodies are becoming depleted and the commodity market has depressed the price of copper to such an extent that mining companies cannot afford to invest in expansion or new equipment, says foundry and engineering company Thos Begbie group... 

Mining companies combating malaria scourge – ICMM

By: Martin Creamer     13th June 2018 Mining companies are taking firm steps to help combat the scourge of malaria, which affects 3.3-billion people worldwide and kills a child every 30 seconds. International Council for Mining and Metals (ICMM) health, safety and product stewardship director John Atherton reports that: 

Brazil overhauls decades-old mining law to lure investment

By: Reuters     12th June 2018 Brazil's President Michel Temer issued two decrees on Tuesday overhauling 50-year-old mining laws in attempt to draw investment to the sector and implementing rules on the collection of higher mining royalties. The changes to the 1967 mining code include measures to allow for mining titles to be... 

Diamond industry longevity on the line

By: Paige Müller     8th June 2018 The implementation of enabling mining policies by government is key in safeguarding the South African diamond industry from further decline and a worrying contraction, says Global Diamond Network consultant and industry heavyweight Dr John Bristow. Bristow states that the local diamond mining... 

Major graphite development shows Mozambique resource potential

By: Melissa Zisengwe     8th June 2018 Australian resources company and graphite miner Syrah Resources says the Balama graphite project is the first major resources development in Mozambique for several years, with the company, along with the Mozambique government, “demonstrating the importance of operating stability in Mozambique to... 

MMEC conference outlook indicative of state of mining industry

By: Melissa Zisengwe     8th June 2018 The increase in international participation at the sixth edition of the Mozambique Mining, Energy and Natural Gas Conference (MMEC) reflected the state of the Mozambique mining industry, which is an emerging market, says event organiser AME Trade. The conference was held in Maputo on April 25 and... 

Russian diamond miner announces auctions and award of high sustainability ranking

By: Rebecca Campbell     7th June 2018 Russian diamond mining major Alrosa announced on Thursday that it would hold auctions in Hong Kong and Vladivostok for large rough diamonds. The Hong Kong auction will start on June 13 and will run until June 27. The Vladivostok auction would start on June 18 and conclude on June 29. In both... 

Eskom to approach courts to have Nersa’s 5.23% tariff decision set aside 

By: Terence Creamer     7th June 2018 State-owned electricity utility Eskom will, in the coming days, approach the courts to have the National Energy Regulator of South Africa’s (Nersa’s) tariff determination for 2018/19 set aside, chairperson Jabu Mabuza confirmed on Thursday. The action would represent Eskom’s first-ever legal... 

World Diamond Council’s System of Warranties open for public review

By: Anine Kilian     7th June 2018 The World Diamond Council (WDC) System of Warranties (SoW) has entered a public review period following the completion of an industry review. The SoW review and reform process is part of the WDC’s strategic plan and is intended to help industry participants better implement and demonstrate their... 

Battery metals industry dependent on ‘flavour of the month’

By: Simone Liedtke     6th June 2018 With nearly every forecast predicting higher battery use in the years ahead, especially lithium-ion batteries to power new and existing technologies, demand for its component metals may be dependent on what some title “the flavour of the month”. 

Multistakeholder initiative launched to address sustainable mine closure challenges

By: Nadine James     5th June 2018 Private and public sector entities officially launched a sustainable mine closure collaborative platform, called the Mine Water Coordinating Body (MWCB), at the Nedbank-New Partnership for Africa’s Development (Nepad) Business Foundation Networking Forum, hosted in Sandton, on Tuesday. The MWCB... 

Govt creating junior miners’ fund, boosting geoscience, legitimising zama-zamas 

By: Martin Creamer     5th June 2018 The government is partnering the State-owed Industrial Development Corporation (IDC) to establish a junior miners’ fund that will provide exploration investment capital to black-owned emerging miners; it is also investing R20-billion in the Council for Geoscience to boost exploration as well as... 

South Africa’s commodity sector continues to suffer, despite favourable market conditions

By: Simone Liedtke     5th June 2018 While favourable market conditions, higher commodity prices and strong internal discipline will produce increased liquidity and balance sheet strength for miners this year, advisory firm PwC Africa energy, utilities and resources leader Michal Kotzé believes South Africa’s commodity sector will... 

Botswana central bank urges tax reform before diamonds dwindle

By: Bloomberg     4th June 2018 Botswana’s central bank has urged the government to overhaul the southern African nation’s tax regime and prepare the economy for declining contributions from diamonds. Botswana relies on the gemstones for almost a fifth of its gross domestic product and used the revenue generated from sales to... 

Civil society seeks to protect Mpumalanga water source from coal mining impact

By: Simone Liedtke     31st May 2018 New legal proceedings have been launched in the Mbombela High Court against Atha-Africa Ventures’ proposed development of the Yzermyn coal mine inside a protected area and strategic water resource area, in Mpumalanga. A coalition of eight community and civil society organisations have lodged a... 

Coal industry should ensure that it does not lower air quality to avoid silicosis repeat

By: Martin Creamer     30th May 2018 South Africa’s coal industry should ensure that it does not lower air quality to avoid ending up in the same litigious space as the gold mining sector with silicosis. Earlier this month, a class action settlement was reached with thousands of mineworkers suffering from silicosis and/or... 

B2Gold opens 7 MW solar farm at Namibia mine

By: Marleny Arnoldi     30th May 2018 Gold producer B2Gold Namibia on Wednesday celebrated the opening of the B2Gold Otjikoto solar farm, in the Otjozondjupa region.  

Capital deployment into junior mining set for Q3 start – Aluwani

By: Martin Creamer     29th May 2018 The first close of capital acceptance is in sight for the new junior mining fund launched earlier this year by Aluwani Capital Partners, the independent black-owned investment management business that aims to make a lasting impact in South Africa and the rest of the African continent. Capital... 

Junior miners could successfully navigate challenges in changing energy, resources market

25th May 2018 Recovering commodity prices, renewed optimism in the mining sector, and diversified ownership of Tier 1 mining companies are opening up opportunities for emerging and junior miners to enter the industry, says engineering consultancy company WorleyParsons RSA CEO Denver Dreyer. He explains that... 

VMS Capital

25th May 2018 Johannesburg-based procurement financing specialist VMS Capital offers end-to-end optimised sourcing solutions with a keen focus on the mining, energy, agriculture, medical, chemicals and telecommunications sectors. The company’s business strategy was redefined in line with current developments... 

Petra’s shares fall on $178m proposed rights issue

By: Simone Liedtke     24th May 2018 Petra Diamonds’ share price on the LSE fell by more than 20% on Thursday after it announced plans to raise $178-milion, or about £133-million, through a fully underwritten 5 for 8 rights issue. The diamond miner, which has operations in South Africa and Tanzania, said its cash flow generation... 

Mantashe vows to finalise mining charter in June

By: African News Agency      24th May 2018 South African minister of mineral resources Gwede Mantashe said on Thursday his department plans to finalise the revamped mining charter, the government's regulation tool for transformation, by the end of next month. "We aim to finalise and gazette the mining charter in June, having taken onboard... 

Harmony poised to hit 1.5m oz target – CEO 

By: Martin Creamer     22nd May 2018 Gold mining company Harmony Gold is well on track to hit its target of 1.5-million ounces of gold a year. The two big steps needed to ensure this – the acquisition and recapitalisation of the Hidden Valley gold mine in Papua New Guinea (PNG), and the acquisition of the Moab Khotsong in South... 

Talaxis to acquire up to 75% of Mkango’s Songwe project

By: Nadine James     18th May 2018 Noble Group subsidiary Talaxis has entered into definitive agreements with Mkango Resources to acquire up to a 75% interest in Mkango’s Lancaster Exploration subsidiary, as well as a 49% stake in its downstream metals division Maginito Investments. In January, Talaxis paid Mkango £5-million in... 

Expo will facilitate interaction among sectors of Zambian economy

By: Jessica Oosthuizen     18th May 2018 The Caminex trade expo, which will be held from June 5 to 7 at the Kitwe showgrounds, in Zambia, provides a platform to facilitate interaction among various sectors of the economy, says event co-organiser Specialised Exhibitions Montgomery portfolio director Charlene Hefer. “It will promote... 

Vibrating screens in copper production process vitally important

By: Jessica Oosthuizen     18th May 2018 Copper plays an important role in technological advancements, and vibrating- and original-equipment manufacturer and supplier Kwatani is well positioned to take advantage of growing copper demand. “Kwatani offers customised vibrating screens and feeders to the mining industry; we don’t have a... 

Join the conversation about the future of Latin American Mining at Mining Cumbre

17th May 2018 Latin America is an exciting, growing destination for mining investment, development and exploration projects. With an attractive mining environment and geology rich with natural resources, the region is one of the world’s largest producers of iron ore, copper and gold. The LatAm Mining Cumbre is... 

Lerala Diamond Mine Limited is going on auction

17th May 2018 Whether you’re an established or junior miner interested in expanding your mining portfolio, GoIndustry DoveBid SA proudly presents the disposal of Lerala Diamond Mine. Lerala Diamond Mine Ltd is in Liquidation and is being taken to public auction via GoIndustry’s trusted online bidding platform.... 

Rio and Alcoa team up with Apple in zero carbon aluminium smelting drive

By: Esmarie Swanepoel     11th May 2018 Mining major Rio Tinto has teamed up with aluminium producer Alcoa to develop the world’s first carbon-free aluminium smelting process. The new process will produce oxygen and replace all direct greenhouse-gas (GHG) emissions from the traditional aluminium smelting process. 

Machine purchase increases fleet, strengthens partnership

11th May 2018 Last month equipment supplier Epiroc delivered three FlexiROC D65 surface drill rigs to Northern Cape-based drilling specialists Booysen Bore. The delivery has increased Booysen Bore’s total drilling machine fleet to 51, while the addition of the new machines has strengthened the relationship... 

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