http://www.miningweekly.com
R/€ = 15.91 Change: -0.26
R/$ = 13.57 Change: -0.14
Au 1267.40 $/oz Change: -0.70
Pt 867.00 $/oz Change: 2.83
 

Topic

Victoria reveals changes to EPA

By: Esmarie Swanepoel     22nd June 2018 Victorian Environment Minister Lily D’Ambrosio has introduced the Environment Protection Amendment Bill 2018 into Parliament, which will give the Environment Protection Authority (EPA) the powers and tools it needs to stop pollution. The Bill was part of the Victorian government’s A$180-million... 

AEMO sees no gas supply gaps to 2030

By: Esmarie Swanepoel     22nd June 2018 The latest Gas Statement of Opportunities (GSOO) by the Australian Energy Market Operator (AEMO) has found that market intervention, new supply and lower demand have avoided a potential energy shortfall. The AEMO in late 2017, warned of a substantial shortfall in gas for the east coast of... 

Yendon DFS on the cards after positive results

By: Esmarie Swanepoel     14th June 2018 A prefeasibility study (PFS) into the Yendon alumina project, in Victoria, has estimated that the project would require a capital investment of A$271-million to support an annual production of 8 000 t of high purity alumina. ASX-listed Hill End Gold on Thursday reported that the project was... 

AuStar takes ownership of Rose of Denmark

By: Esmarie Swanepoel     13th June 2018 Gold junior AuStar Gold has taken full ownership of the Rose of Denmark gold project, in Victoria. The company told shareholders that it had acquired the remaining 51% interest of the mining license that holds the project, from Shandong Tianye Real Estate Development Group for A$225 000 in... 

Victoria seeks to unlock more affordable gas for residents

By: Esmarie Swanepoel     8th June 2018 The Victorian government is hoping to unlock more gas supply to provide residents in the state with greater access to affordable gas. The state government on Friday announced that the Victorian Gas Programme (VGP) will be encouraging new commercial offshore gas exploration through the release of... 

AuStar pours first gold

By: Esmarie Swanepoel     31st May 2018 Junior AuStar Gold has poured its first gold at the Morning Star gold mine, in Victoria, since 2012. The ASX-listed company told shareholders that following the upgrade and commissioning of the gold processing plant, the company used low-grade stockpiles from the previous mining operations to... 

Manas withdraws from Tanzania buy

By: Esmarie Swanepoel     25th May 2018 Explorer Manas Resources has abandoned its bid to acquire the Victoria gold project, in Tanzania, after a lack of progress to transfer the licence, as well as challenging conditions facing mining companies operating in the country. Manas in April last year struck a deal to acquire the Victoria... 

Zimbabwe mines need $11bn investment to modernise

By: Reuters     18th May 2018 Zimbabwe needs up to $11-billion to modernise its mines and boost production to maximum capacity over the next five years, the head of the country's Chamber of Mines said on Friday. Foreign investor interest in the southern African nation is growing after the fall of longtime leader Robert Mugabe... 

Zimbabwe lithium excites but projects face funding hurdle

By: Reuters     18th May 2018 Zimbabwe has a small window of up to 24 months to start producing battery grade lithium and ride the wave of high prices, miners said on Thursday, but the country's high political risk made financing projects difficult. Since the fall of Robert Mugabe after a de facto military coup last November,... 

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,... 

Hill End weighs gold options

By: Esmarie Swanepoel     11th May 2018 ASX-listed junior Hill End Gold has appointed advisors PCF Capital to undertake a strategic review of the company’s gold projects, in order to unlock value. Hill End’s gold projects included the Hill End and Hargraves gold projects, in New South Wales, which had existing gold resources of 572... 

BHP sells Minerva plant to Cooper Energy and partners

By: Esmarie Swanepoel     1st May 2018 ASX-listed Cooper Energy, in joint venture (JV) with AWE and Mitsui E&P Australia, has struck a deal with mining major BHP to acquire that company’s 90% interest in the Minerva gas plant, in Victoria. Cooper Energy, which already holds a 10% interest in the gas plant, would hold a 50% interest... 

Morning Star plant recommissioned

By: Esmarie Swanepoel     12th April 2018 ASX-listed AuStar Gold has completed the recommissioning of the process plant at the Morning Star gold mine, in Victoria. “Another major milestone has been achieved in our successful recommissioning of the processing plant at the Morning Star gold mine,” said AuStar Gold CEO Tom de Vries. 

Chalice to explore ‘highly prospective’ northern Bendigo region

By: Mariaan Webb     26th February 2018 ASX- and TSX-listed Chalice Gold Mines has set its sights on prospective ground in the northern Bendigo gold field, in north-western Victoria, where it has submitted applications for two exploration licences covering 1 300 km2. The Bendigo Zone, north of the 18-million ounce Bendigo gold field,... 

Industry blames red tape, 'policy surprises' for Australia's fall in mining survey

By: Creamer Media Reporter      23rd February 2018 Western Australia, South Australia, Queensland, the Northern Territory and Victoria fell in mineral investment attractiveness, according to the Fraser Institute’s ‘Annual Survey of Mining Companies for 2017’. Western Australia fell for the third year dropping from first in 2015 to third in 2016... 

Kirkland Lake net earnings surge on production growth

By: Nadine James     22nd February 2018 Gold miner Kirkland Lake Gold has released strong financial and operating full year results for 2017, including a 90% increase in production and improved cash flow. The Toronto-headquartered company produced 596 405 oz in 2017, an increase of 90% from 2016, largely owing to the full-year... 

Independence to cease mining at Long nickel mine in May

By: Mariaan Webb     1st February 2018 The Long nickel mine, near Kambalda, Western Australia, is set for closure this year, Independence Group announced in its December quarter results. Mining will cease on May 31, after which the underground mine will enter care and maintenance. The Long mine produced 1 374 t of contained nickel and... 

British Columbia further hamstrings oil pipeline development

By: Henry Lazenby     31st January 2018 The coalition British Columbia provincial government has moved the goal post for crude oil pipeline operator Kinder Morgan yet again, adding another hurdle to the seemingly insurmountable legal obstacles that stand in the way of the company twinning its existing pipeline between Alberta's oil... 

Iluka production up as Sierra Rutile plays in

By: Megan van Wyngaardt     29th January 2018 Mineral sands producer Iluka on Monday reported a 22% increase in its yearly production of zircon, rutile and synthetic rutile, at 825 000 t. The ASX-listed company attributed the increase to the inclusion of Sierra Rutile's production of 171 000 t, following the acquisition of the Sierra... 

Australia’s Vimy maintains positive view on uranium

By: Mariaan Webb     16th January 2018 Perth-based uranium mining hopeful Vimy Resources is maintaining a positive view on the uranium market and will “actively and energetically” engage in contract negotiations this year, to underpin financing for a new mine in the Great Victoria desert of Western Australia. The company, which is... 

Kirkland achieves FY17 production records

By: Natasha Odendaal     12th January 2018 Triple-listed Kirkland Lake Gold has finished the 2017 financial year strong, achieving record production across the board and surpassing an already-improved guidance. Kirkland achieved full-year 2017 production of 596 405 oz – a 10% increase on the prior year – beating its revised guidance of... 

Stavely signs earn-in, JV deal for copper tenement

By: Megan van Wyngaardt     12th January 2018 ASX-listed Stavely Minerals has agreed terms for an earn-in and joint venture (JV) agreement with Black Range Metals – a wholly-owned subsidiary of ASX-listed Navarre Minerals for Black Range’s exploration licence EL5425.  The licence is adjacent to Stavely’s Yarram Park project and surrounds the... 

Sheffield spin-off Carawine starts trading on ASX

By: Mariaan Webb     14th December 2017 A new exploration company with gold and base metals assets in Victoria and Western Australia started trading on the ASX on Thursday, following an oversubscribed A$7-million initial public offer (IPO) that closed in late November. Carawine was spun out of ASX-listed Sheffield Resources, which is... 

Kirkland Lake disposes of Australian Stawell assets

By: Henry Lazenby     11th December 2017 Triple-listed Kirkland Lake Gold has agreed to sell affiliate Stawell Gold Mines to private firm Arete Capital Partners. Stawell Gold Mines, which holds the Stawell gold mine, located in Victoria, Australia, will pay $6.25-million in cash for the assets, with Kirkland set to retain a 2.5% net... 

India seeks globally accepted regulations, tax

By: Ajoy K Das     8th December 2017 India’s Steel Ministry is seeking to align the domestic iron-ore mining industry with globally accepted regulations and practices as the country aims to be a 300-million-ton-a-year globally competitive steel producer by 2030. In the course of inter-Ministerial consultations about a new National... 

Sheffield spinoff Carawine raises A$7m in IPO

By: Mariaan Webb     30th November 2017 The new exploration company housing Sheffield Resources gold and base metals assets in Victoria and Western Australia, Carawine Resources, has raised A$7-million in an oversubscribed initial public offering (IPO). Sheffield, which is focusing on the Thunderbird mineral sands project in Western... 

Australian industry prepares for possible summer power cuts

By: Reuters     30th November 2017 Some of Australia's biggest power users, including mining giant BHP, are taking steps to curb the impact of any repeat of crippling blackouts that hit last summer, worried about a grid that increasingly relies on wind power and old coal-fired plants. Their back-up strategies come despite... 

Mining expert urges caution in Pilbara gold rush

By: Mariaan Webb     26th November 2017 As more junior explorers head to the Pilbara in search for gold mineralisation similar to that found in South Africa’s Witwatersrand, Melbourne-based mining consultant Surbiton Associates has urged caution, reminding investors about the costs and risks involved in exploration. “It is good to see... 

Reefton mine, New Zealand

By: Thabi Madiba     17th November 2017 A gold mine located about 7 km south-east of Reefton, in the West Coast region of New Zealand’s South Island. 

India’s Steel Ministry seeks globally accepted regulations, tax for iron-ore mining

By: Ajoy K Das     15th November 2017 India’s Steel Ministry is seeking to align the domestic iron-ore mining industry with globally accepted regulations and practices as the country aims to be a 300-million-ton-a-year globally competitive steel producer by 2030. In the course of inter-Ministerial consultations about a new National... 

Queensland’s APLNG directs more gas to domestic market

By: Esmarie Swanepoel     26th October 2017 The Australian Pacific liquefied natural gas (APLNG) project, offshore Queensland, will supply an additional 41 PJ of natural gas to the Australian domestic market, operator Origin Energy reported on Thursday. The new contract increased the APLNG project’s total domestic contracted supply... 

Independence delivers strong start to FY18

By: Esmarie Swanepoel     25th October 2017 Diversified miner Independence Group has delivered a strong start to its 2018 financial year, as the Nova project, in Western Australia, delivered its first full quarter of commercial production. Nickel production at the Nova operation, in the Fraser Range, was up by 82% on the previous quarter,... 

Sheffield to spin-out gold and base metal assets

By: Esmarie Swanepoel     19th October 2017 Mineral sands developer Sheffield Resources has announced plans to demerge its gold and base metals assets into an ASX-listed company. The assets, which are currently held by subsidiary Carawine Resources, include the Jamieson gold-copper-silver-zinc project, in Victoria, and the Oakover and... 

Portland back to full capacity

By: Esmarie Swanepoel     13th October 2017 Aluminium major Alcoa’s Portland smelter, in Victoria, has been restored to full production capacity, following a power outage in December last year. “Our interventions have protected this crucial industry, saved local jobs and continue to support communities in Portland and throughout... 

Queensland gas supply deal enacted

By: Esmarie Swanepoel     4th October 2017 Queensland’s liquefied natural gas (LNG) producers have enacted a deal struck with the federal government to provide sufficient gas supply to the domestic market in 2018 and 2019, signing an industry-government agreement. Shell, Origin Energy and Santos in September agreed to supply an additional... 

Canada's Kirkland Lake buys into De Grey

By: Esmarie Swanepoel     2nd October 2017 Junior De Grey Mining has welcomed Canada’s Kirkland Lake Gold as a strategic investor, with the North American company agreeing to subscribe for A$5-million in shares in the Australian firm. De Grey on Monday said that it would issue more than 33.3-million shares to Kirkland Lake, at 15c each. 

Beach raises first A$201m for Lattice buy

By: Esmarie Swanepoel     2nd October 2017 Oil and gas major Beach Energy has raised about A$201-million of its A$301-million target through an institutional entitlement offer to partially fund the acquisition of Lattice Energy from fellow-listed Origin Energy. Beach CEO Matt Kay told shareholders on Monday that the company was pleased... 

Beach buys Origin’s Lattice for A$1.58bn

By: Esmarie Swanepoel     28th September 2017 Australian oil and gas producer Origin Energy has struck a deal with fellow listed Beach Energy to divest of its conventional upstream oil and gas subsidiary Lattice Energy for A$1.58-billion. Beach told shareholders on Thursday that the acquisition of Lattice would be a transformational... 

First
Prev
1
2 3 4 5 6 7 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
Close