http://www.miningweekly.com
R/€ = 14.59 Change: -0.04
R/$ = 12.51 Change: -0.09
Au 1301.08 $/oz Change: 5.38
Pt 901.50 $/oz Change: -6.90
 

Topic

Miners halt dividend payouts, stay-in-business capex as price languishes in the doldrums

By: Natasha Odendaal     25th May 2018 The once burgeoning platinum industry that in the recent past benefited from a years-long upswing in commodity demand and prices is now failing to recover from the global economic depression that heralded the end of its glory days and shut many smaller operators down. In the wake of the 2008... 

Gamsberg producing by mid-year – Vedanta

By: Martin Creamer     23rd May 2018 The Gamsberg zinc project in South Africa’s Northern Cape is on track with production expected by the middle of this year, the London-listed, India-rooted Vedanta Resources said on Wednesday, when it reported higher revenue and profits and lifted its dividend yield for the year to 6%. Current... 

Avanco warns of cuts at Antas

By: Esmarie Swanepoel     23rd May 2018 Copper miner Avanco has warned shareholders that it might scale back operations at its Antas openpit mine, in Brazil, due to a nation-wide truck driver strike. The miner said on Wednesday that a prolonged strike could adversely impact the supply of consumables for mining and processing... 

Lemur Concludes Concession Agreement with the Government of Madagascar for the Imaloto Power Project

22nd May 2018 Bushveld Minerals, the AIM-listed integrated vanadium producer with additional investments in coal, power and tin, is pleased to provide the following update in respect of Lemur Holdings Limited ("Lemur"), Bushveld's coal and energy subsidiary that is developing an integrated thermal coal mining... 

Kropz clinches offtake from phosphates project

By: Martin Creamer     21st May 2018 Plant nutrient minerals development company Kropz, which is developing the Elandfontein phosphates mining and processing project in the Western Cape, has secured several offtake agreements ahead of production. The cornerstone offtake agreement, for about a third of its production at market prices... 

Barloworld H1 profits, revenue rise on higher Southern African, Russian equipment sales

By: Marleny Arnoldi     21st May 2018 Despite a weaker first quarter, the global economy remains on track to show solid growth for 2018 in both developed and emerging markets, while South Africa’s economic outlook is also improving, benefiting multinational Barloworld. The company on Monday reported a 14.2% year-on-year increase in... 

India allows power producers to switch coal linkages

By: Ajoy K Das     21st May 2018 The Indian government has announced that private thermal power companies will be allowed to switch coal supply linkages from one coal company to another, but electricity producers are not sure that the move will deliver industry-wide benefits. Based on recommendations of an interMinisterial... 

Welding Alloys South Africa

18th May 2018 When earth comes into contact with metal, material loss through wear is inevitable. Owing to its operating conditions, the global mining industry is affected by wear like very few other industries, annually costing the industry a fortune in replacement parts and downtime, affecting production.... 

Radebe sees energy contributing $25bn to South Africa’s $100bn investment target

By: Terence Creamer     16th May 2018 Energy Minister Jeff Radebe says one-quarter, or $25-billion, of South Africa's newly announced five-year investment target of $100-billion could be met through investments in new energy projects, including a possible new greenfield crude oil refinery and a gas pipeline linking South Africa to... 

Anglo American to spin off unit to encourage platinum demand

By: Reuters     15th May 2018 Anglo American will spin out its internal venture capital unit, it said on Tuesday, as the world's biggest platinum producer seeks to spur investment in fuel-cell technology to boost demand for a commodity in oversupply. A push, particularly in Europe and China, for lower-emission transport... 

Australia East Coast gas prices seen rising as cheap gas supply dwindles

By: Esmarie Swanepoel     15th May 2018 Australia’s East Coast gas prices are forecast to rise up to 30% to between A$10/GJ and A$13/GJ by the mid-2020s, as cheap gas supply continues to decline, advisory firm Wood Mackenzie has reported. Speaking at the Australian Petroleum Production and Exploration Association (Appea) conference,... 

Transnet, Tshipi é Ntle sign long-term manganese contract

By: Simone Liedtke     11th May 2018 State-owned Transnet has signed the second long-term agreement under its Manganese Export Capacity Allocation (Meca) programme, which seeks to integrate a number of export manganese contracts. The seven-and-a-half-year contract with manganese miner Tshipi é Ntle will result in 2.1-million tonnes... 

Autonomous mining vehicle test at SA coal mine successfully completed

By: Victor Moolman     11th May 2018 A global truck manufacturer in cooperation with multinational networking systems provider Cisco, has successfully completed a proof of concept (PoC) for autonomous mining trucks at an opencast coal mine in South Africa. Speaking at an In2IT networking event in Sandton, Johannesburg, Cisco... 

Positive sentiment remains, despite 8.4% y/y fall in March mining production

By: Simone Liedtke     10th May 2018 The 8.4% year-on-year decrease in South Africa’s mining production in March is not necessarily an accurate reflection of the state of the mining industry, says international law firm Hogan Lovells mining head Warren Beech. He hopes that figures will have “smoothed out by June or July”, as at... 

Ironbark marches on with Citronen

By: Esmarie Swanepoel     10th May 2018 ASX-listed Ironbark Zinc is advancing its Citronen zinc/lead project, in Greenland, to take advantage of the high zinc prices. The company is planning a major fuel cargo shipment for this year, while preliminary site work will also be conducted, including the start of the boxcut, portal and... 

Pipeline impasse to cost Canada C$15.8bn this year 

By: Henry Lazenby     10th May 2018 Canada can expect to incur up to C$15.8-billion in lost revenues this year because of pipeline capacity bottlenecks in the country, and fervent opposition to building new pipelines that can open new markets for the domestic industry. A new report by Canadian independent policy think tank, the... 

Agarwal encouraging Anglo to accentuate South Africa link

By: Martin Creamer     9th May 2018 Indian mining billionaire Anil Agarwal is encouraging Anglo American – in which he now holds more than 21% – to accentuate its link with South Africa, where the Vedanta Resources company he founded and chairs is successfully turning to highly positive account the zinc assets that Anglo walked... 

Careful process consideration, augmentation delays Elandsfontein phosphate mine

By: Marleny Arnoldi     9th May 2018 Investment company African Rainbow Capital on Wednesday announced delays to its 25%-owned Elandsfontein phosphate mine.  

Queensland resource exports grow to A$1bn a week

By: Esmarie Swanepoel     7th May 2018 The resources sector has continued to support Queensland’s export growth, with the resources sector contributing some 78% of the state’s goods export. The value of Queensland exports increased by A$8.3-billion to $70.1-billion over the year to March, with coal exports contributing the largest... 

Transnet chair resigns on eve of meeting with government 

By: African News Agency      4th May 2018 The chairperson of Transnet, Linda Mabaso, has resigned with immediate effect, Public Enterprises Minister Pravin Gordhan said on Thursday. Mabaso's resignation comes on the eve of a shareholder meeting called by Gordhan for Friday.  

Qld opens coal exploration acreage

By: Esmarie Swanepoel     3rd May 2018 The Queensland state government has opened up more than 540 km2 of acreage in the Bowen, Surat and Galilee basis for coal exploration tender. “This exploration tender is about opportunity for the next wave of investment in a sector that sustains one in eight Queensland jobs and provides billions... 

Qld opens more land for coal exploration

By: Esmarie Swanepoel     3rd May 2018 The Queensland state government has opened up more than 540 km2 of acreage in the Bowen, Surat and Galilee basis for coal exploration tender. “This exploration tender is about opportunity for the next wave of investment in a sector that sustains one in eight Queensland jobs and provides... 

The Africa Rail story - Promoting excellence

2nd May 2018 Africa Rail has grown to become the largest and most established rail event in Africa. Africa Rail now enters its 21st successful year, hosting over 28 African countries, 200 global speakers and the best suppliers in rail from across the globe. 

Captive Canadian miners decry minister’s move on Bill C-49

By: Henry Lazenby     30th April 2018 Canadian miners are voicing frustration and concern over the federal government’s removal of a Senate amendment relating to final offer arbitration (FOA), and with its modification of an amendment giving the Canada Transportation Agency own-motion power, in Bill C-49 – legislation that amends the... 

Morrocan king to sign trade, mining deals with Congo republic

By: Bloomberg     26th April 2018 Moroccan King Mohammed VI will sign a series of investment agreements in a visit to Congo Republic this weekend, Environment & Tourism Minister Arlette Soudan-Nonault said. Mohammed will travel to the Central African nation for an April 28 summit of leaders to discuss the Congo Basin Blue Fund,... 

Goa iron-ore mines in legal uncertainty over mine closure plans

By: Ajoy K Das     26th April 2018 Iron-ore mines in the western Indian province of Goa, which were closed under a Supreme Court order, have been caught in a legal grey area relating to implementation of mine closure plans. As per regulations, every mine that closes down has to comply with mine closure plans approved by the... 

Drones being used to map underground areas, saving time and improving safety

By: Nadine James     26th April 2018 It is inevitable that advancement in robotics, the Internet of Things and Artificial Intelligence, would impact on the mining survey industry, says surveyor Johan Weakley. He explains that, through the collaboration of Canadian geotechnical solutions provider Clickmox Solutions and Swedish drone... 

Freeport stock tanks on disappointing Q1 earnings, Indonesia fears

By: Henry Lazenby     25th April 2018 US diversified miner Freeport McMoRan’s (FCX’s) NYSE-listed stock lost as much as 17% on Tuesday following disappointing first-quarter financial results and a lowered copper production outlook. Phoenix, Arizona-based Freeport’s president and CEO Richard Adkerson expressed shock and disappointment... 

Inclusive infrastructure development impact – leading the charge, changing the mindset

23rd April 2018 The Bigen Group, a recognised infrastructure development activist with a reputable 46-year footprint throughout Africa, is leading the charge in infrastructure development inclusivity by empowering the women of Africa.... 

Resources Watch  

19th April 2018 This week: Strong rand eroding South African gold mines’ margins And, underground rail transport at local mines not being prioritised 

Another hydrogen boost for platinum fuel cells

By: Simone Liedtke     18th April 2018 The introduction of platinum-using fuel cells has received another boost with the latest success in hydrogen compression announced by Anglo American Platinum (Amplats) on Wednesday.   Last week, Amplats revealed plans for a fuel cell dozer, which makes use of hydrogen in liquid, to make a 2019... 

Enabling a Sustainable Future – Delivering on Africa's Renewable Energy Agenda Unlocking the power of nature with smart trucking solutions

17th April 2018 Smart Supply Chain Solutions African economies have in recent years experienced a surge in business activity, thanks in part to the emergence of an increasingly prosperous middle class. This consumer boom has not only strained retail supply chains but has placed overwhelming demands on national... 

Glencore releases all-embracing 117-page sustainability report

By: Martin Creamer     16th April 2018 One of the strategic priorities of diversified mining and marketing company Glencore is to invest in community initiatives that deliver sustainable socioeconomic benefits, the London- and Johannesburg-listed company states in today’s 117-page Sustainability Report 2017, which emphasises the... 

Kun-Manie field engineering campaign to start soon

By: Simone Liedtke     13th April 2018 Exploration and resources company Amur Minerals has completed the restocking and mobilisation of all machinery, spares and supplies needed to complete the 2018 field season at its Kun-Manie nickel/copper sulphide project, in Far East, Russia. The resupply transport effort began on February 15 and... 

Mining in sub-Saharan Africa region to remain riskiest globally – BMI

By: Simone Liedtke     11th April 2018 Sub-Saharan Africa’s mining sector will remain the riskiest in the world over the coming quarters as regulatory uncertainty rises in various markets across the region, says BMI Research. In addition to increasing regulatory uncertainty, the region will also witness challenges stemming from... 

Seabee gold operation, Canada

By: Sheila Barradas     6th April 2018 A gold mine in Saskatchewan, Canada. 

Horomela expedites exploration programme, expects resource estimate

By: Nadine James     6th April 2018 Aspiring base metals exploration and mining junior Horomela Mining Investment & Resources has started its exploration programmes on various licences, including its Steinkopf 22, Naroep and Aggeneys zinc licences, all in the Northern Cape. The company expects to produce an exploration results... 

Mackenzie Valley review board OKs Tlicho all-season road; a boon for Fortune

By: Henry Lazenby     5th April 2018 The Mackenzie Valley Environmental Impact Review Board has completed an environmental assessment of the Tlicho all-season road project, proposed by the Northwest Territories government, subject to 23 measures to reduce its environmental, social and cultural impacts. The conditional approval was... 

First
Prev
1
2 3 4 5 6 7 8 9 Next Last

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close