R/€ = 14.80 Change: 0.03
R/$ = 12.03 Change: 0.04
Au 1341.73 $/oz Change: 5.27
Pt 1007.00 $/oz Change: 13.38


Bushveld Minerals upbeat about year ahead

By: Megan van Wyngaardt     22nd January 2018 Aim-listed Bushveld Minerals made “tremendous strides” during the fourth quarter of 2017, which was marked by a strong financial performance from its Bushveld Vametco operations. Supported by a strong vanadium price environment – the ferrovanadium price averaged $33/kg for the 12 months to... 

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... 

Omnia files contempt of court case at Foskor over contentious phosphoric acid pricing  

By: Dylan Slater     8th December 2017 Diversified chemicals producer Omnia has filed a contempt of court case against phosphates and phosphoric acid producer Foskor over the alleged breaching of a court order by the Competition Tribunal 

Alphamin secures regulatory approval for secondary listing

By: Natasha Odendaal     29th November 2017 TSX-V-listed tin exploration and development company Alphamin is planning a December 7 secondary inward listing on the  alternative exchange of the JSE after having obtained all regulatory approvals. The JSE and the South African Reserve Bank have approved the secondary listing. 

Bushveld Energy and Partners Deploy Eskom's First Vanadium Redox Flow Battery

     21st November 2017 Bushveld Minerals Limited , a mineral project development company with a portfolio of vanadium and coal assets in Southern Africa and an investment in tin, is pleased to announce that its 84%-owned energy subsidiary, Bushveld Energy Limited ("Bushveld Energy") has confirmed its first vanadium... 

Matodzi Nesongozwi

By: Ilan Solomons     3rd November 2017 This week Mining Weekly features Matodzi Nesongozwi, CEO of Manngwe Mining, a black-led iron-ore mining company   

CoM committed to finding workable solutions that are in the national interest

By: Mia Breytenbach     5th October 2017 The Chamber of Mines (CoM) has drawn a firm line in the sand regarding its opposition to unethical leadership, bad governance and State capture,” CoM president Mxolisi Mgojo asserted on Thursday. “We are doing what is necessary to ensure better outcomes for our sector and our country. The chamber... 

$70m already spent at $134m DRC tin project

By: Ilan Solomons     25th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly that local earthworks contractor Kongo River, which is... 

Bisie boxcut nears completion, first tin concentrates in 2019

By: Ilan Solomons     15th August 2017 Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin CEO Boris Kamstra tells Mining Weekly Online that local earthworks contractor Kongo River, which is... 

Pumps companies among winners at awards ceremony

     16th June 2017 Family-owned, Centurion-based pumps manufacturer Hazelton Pumps has walked away with the Most Innovative Award and the Best Customer Service of the Year Award – as it did in 2015 – at the third annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence.... 

Incubation fund launched to support mining startups

By: Ilan Solomons     16th June 2017 In response to the funding challenges young business people in the South African mining industry are faced with, a fellow young professional in the mining industry has recently established the Simba Mgodi Mining Incubation Fund to assist start-ups in the mining industry and junior miners looking... 

DiamondCorp to appoint administrators

By: Creamer Media Reporter      28th April 2017 Embattled South African diamond development company DiamondCorp has filed notice of its intention to appoint Stephen Cork and Jo Milner of Cork Gully as joint administrators, after the board determined that the company is no longer able to continue trading as a going concern. The company on... 

Zambia said to near mine company stake sale to Israeli investor

By: Bloomberg     25th April 2017 Zambia, Africa’s second-biggest copper producer, is close to selling a stake in ZCCM Investments Holdings, a State controlled mine holding company, for more than $100-million, according to three people familiar with the matter. Sapir Capital, an Israeli private equity company that’s invested in... 

DMR to be more flexible with small-scale mining applicants

By: Ilan Solomons     7th April 2017 The Department of Mineral Resources (DMR) will “amend and relax” some of its conditions in issuing mining permits to small-scale miners, said Mineral Resources Deputy Minister Godfrey Oliphant last month. The Deputy Minister was speaking following the conclusion of a one-day workshop on illegal... 

Scaw expands chain-making capacity with R110m investment in automated plant

By: Terence Creamer     6th April 2017 Specialist steel products manufacturer Scaw Metals has invested R110-million to expand and modernise the production of large-diameter chain and masterlink components at its McKinnon Chain factory in Vereeniging, in southern Gauteng. Large-diameter chains are used in various industries for lifting... 

DiamondCorp to retrench Lace employees

By: Megan van Wyngaardt     3rd April 2017 Dual-listed DiamondCorp will on Monday start retrenching employees at its Lace diamond mine (LDM), near Kroonstad. Discussions between its business rescue practitioners (BRPs) and the Association of Mineworkers and Construction Union have terminated, without a settlement being reached on a... 

Resgen aligns coal project contracts to secure funding

By: Martin Creamer     2nd March 2017 Engineering, procurement, construction and logistics contracts have been aligned to meet the debt funding requirements of the Boikarabelo coal mine project in Limpopo. Boikarabelo, which hosts coal resources of 995-million tonnes and the coal reserves of 267-million tonnes, with the first stage... 

Analyst bemoans beneficiation tardiness, warns South Africa could lose out

By: Ilan Solomons     10th February 2017 The process of beneficiation of minerals in South Africa and the dialogue around it has been taking place for years, however, platinum beneficiation has been taking place at a “snail’s pace”, states local independent research organisation Mapungubwe Institute (Mistra) researcher Zamanzima... 

Competition authorities approve Kgalagadi Manganese takeover

By: Megan van Wyngaardt     16th January 2017 The Competition Tribunal has approved the merger between Kgalagadi Alloys and Kalagadi Manganese without conditions. Kgalagadi Alloys will acquire Northern Cape-based Kalagadi Manganese. 


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