BassGas cost climbs by A$100m

ASX-listed Origin Energy has warned of a A$100-million cost blowout at its BassGas enhancement project, in Victoria. The energy provider said in a statement on Monday that the unique offshore construction challenges associated with working on the...

Vuslat Bayoglu

Position: MD of Umthombo Resources Main Activity of Company: Coal Mining and trading Date and Place of Birth: September 1974, in Turkey Education: BSc. Mechanical Engineering from the Middle East Technical University (METU), in Turkey

SA’s first online mining auction sells equipment worth R15m

Having secured about R20-million worth of stock and a 60.7% confirmation rate for its pilot mining and construction online auction, auction house Luxury Brands believes it has set new a precedent. Through its auction and asset sales and services...

Company Announcement: WA based and owned company making Underground & Surface Miners working conditions Better

The underground mining working conditions have their fair share of challenges for the miners with the hazardous risks associated with the underground workplace and the lonely lifestyle that working away from home and family can cause. A long...

Matamec in rare-earth partnership with Toyota unit

Montreal-based Matamec Explorations has penned a preliminary pact with a Toyota subsidiary to partner on and accelerate the Kipawa rare earths deposit in Quebec, about 100 km north-east of North Bay, the company said on Monday. The nonbinding...

Company Announcement: West African Resources Limited Logistics and Exploration update released

West African Resources Limited (ASX: WAF) is pleased to report drilling equipment and exploration field supplies have arrived in Ouagadougou, Burkina Faso without incident.

Rare earths price jump no tulip mania, but correction likely

Dutch tulip mania – tulpengekte – is considered to be the first recorded speculative bubble in the global economy. The tulip was introduced to the Netherlands in 1593 by Flemish botanist Charles de l’Écluse, who apparently received it from...

Rare earths price jump no tulip mania, say experts, but correction likely for some elements

Dutch tulip mania – tulpengekte – is considered to be the first recorded speculative bubble in the global economy.

China’s growth plan will sustain rare-earth element consumption

South African mining company Rare Earth International reports that policy decisions made in China at the release of its twelfth five-year growth plan will sustain the need for rare-earth elements and will grow the consumption of products using...

Approvals process not delaying Argentinia lithium project yet, says Orocobre

TSX- and ASX-listed Orocobre said on Friday a prolonged secondary government approval process for its flagship Salar de Olaroz lithium-potash project in Argentina had not delayed development. The company also said representatives from communities...

Nuclear approval in hand, Great Western to accelerate SA rare-earths project

Rare-earths junior Great Western Minerals on Monday announced it has received a green light from South Africa’s National Nuclear Regulator for its Steenkampskraal project in the Western Cape, allowing the company to start refurbishing the mine...

Great Western in rare earths cooperation with Toyota

Great Western Minerals, which last week announced it would accelerate as well as double production at its South African rare earths mine, on Wednesday said it had inked a cooperation accord with a unit of Japan’s Toyota conglomerate. Under the...