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Amplats strengthens balance sheet, continues to manage for low prices

By: Martin Creamer     Updated 6 hours ago Platinum mining company Anglo American Platinum (Amplats) reported on Monday that it has been able to further strengthen its balance sheet in the six months to June 30, despite the weaker rand basket prices in the period. In generating R4.3-billion in underlying operating cash flow, Amplats was... 

Buffalo Coal in push to slash debt and improve safety and operational efficiency

By: Ilan Solomons     21st July 2017 South African bituminous and anthracite coal miner Buffalo Coal is determined to repay all its debt and continue to improve safety standards, while improving overall operating capability to ensure its operations become optimally efficient, says interim CEO Rowan Karstel, who was speaking to... 

Buffalo Coal in push to slash debt and improve safety and operational efficiency

By: Ilan Solomons     21st July 2017 South African bituminous and anthracite coal miner Buffalo Coal is determined to repay all its debts and continue to improve safety standards while improving overall operating capacities to ensure its operations become optimally efficient, says interim CEO Rowan Karstel, who was speaking with... 

Caledonia lowers FY17 output target on infrastructure constraints

By: Creamer Media Reporter      20th July 2017 Canadian gold miner Caledonia Mining has reduced its full-year production target to between 52 000 oz and 57 000 oz of gold, from the previously targeted 60 000 oz. The company’s Blanket mine, in Zimbabwe, produced 12 522 oz of gold in the quarter ended June 30, compared with the 12 510 oz... 

Driving efficiencies and reducing machine damage at Hera Gold Mine with RCT’s Haul Truck Guidance.

     19th July 2017 Having a haul truck reverse down long drives to backfill stopes just got a whole lot easier at the Aurelia Metals’ Hera gold mine in New South Wales after underground mining contractor Pybar’s decision to trial RCT’s ControlMaster® Haul Truck Guidance.   The gold and lead zinc project increased... 

Banro’s lower gold output leaves year-end guidance out of reach

By: Natasha Odendaal     18th July 2017 Dual-listed Banro Corporation’s Twangiza and Namoya operations produced a combined 38 739 oz of gold during the second quarter of this year, bringing the year-to-date production to 84 954 oz of gold. The lower-than-expected gold production from both mines, along with the ongoing challenging... 

Firestone Diamonds’ Liqhobong mine reaches quarterly targets

By: Anine Kilian     17th July 2017 Aim-listed Firestone Diamonds’ Lesotho-based Liqhobong diamond mine treated 925 000 t of material in the quarter ended June 30. This brings the total for the financial year to 1.97-million tonnes, the company said in a statement on Monday.   

Interim report into NT fracking released

By: Esmarie Swanepoel     17th July 2017 Communities in the Northern Territory are “overwhelmingly” against hydraulic fracturing (fracking), says the independent inquiry body appointed last year to investigate the environmental, social and economic risks and impacts of fracking. The inquiry, which started in December, concluded its... 

Blackham misses production mark

By: Esmarie Swanepoel     17th July 2017 Junior gold producer Blackham Resources on Monday said that it had missed production targets during the three months to June owing to lower grades at its Matilda/Wiluna operation, in Western Australia. Gold production for the quarter ended June reached 15 709 oz, which was higher than the 14 920... 

Beneficiation remains key to realising African Mining Vision

By: Simone Liedtke     14th July 2017 The key to the Africa Mining Vision (AMV) achieving its goals is to bring processing to the source of mineral production, says African Union Commission senior industry adviser Frank Mugyenyi, noting that this amounts to adding industries where African countries are exporting raw material. 

Power increasingly expensive input cost in Southern African mining

By: Simone Liedtke     14th July 2017 In Southern Africa, power is becoming a far higher input cost in industries and processes than it was in the past, says mining ventilation solutions provider TLT Actom director Craig Johnston, highlighting that one of the major input costs at any underground mine or process plant is that of... 

Manganese makes list of key tech metals heading for short supply

By: Martin Creamer     11th July 2017 Nothing can stop the proliferation of iPhones, solar panels and Teslas, except perhaps a shortage of key natural resources, comments the latest Fortune magazine, which puts manganese from South Africa on the list of crucial technology metals needed in the US. Fortune’s world map showing the... 

Centamin maintains FY output target despite 11% y/y drop in Q2 production

By: Anine Kilian     10th July 2017 LSE- and TSX-listed Centamin’s Sukari mine, in Egypt, produced 124 641 oz of gold in the second quarter of the year, an 11% decrease on the 140 306 oz produced in the second quarter of 2016. Production was, however, 14% higher than the 109 187 oz produced in the first quarter of this year. 

Cantung mine, Canada

By: Thabi Madiba     7th July 2017 A tungsten mine located in Nahanni, in the western Northwest Territories of Canada, about 300 km north-east of Watson lake, near the Yukon border. 

Laguna Verde surveys yield encouraging results

     7th July 2017 Mineral resource company Wealth Minerals has completed transient electromagnetic and gravity geophysical surveys at the Laguna Verde lithium project, in northern Chile, with its geophysical contractor reporting that the data quality is good to excellent for both surveys. The resulting gravity... 

New waterless separator improves iron recovery by 10%-plus

By: Mia Breytenbach     7th July 2017 To deliver enhanced iron content in high-grade magnetite production, processing company Innovative Mineral Processing Technologies (Imptec) has developed the Cyclomag planar magnetic separator, which can produce up to 71% iron-grade products, or 66% iron, or shipping grade in one pass. The... 

Lithium Australia puts price tag on pilot plant

By: Esmarie Swanepoel     6th July 2017 A large-scale lithium processing pilot plant (LSPP) to test ASX-listed Lithium Australia’s SiLeach technology is expected to cost some $42-million to develop, the company reported on Thursday. The LSPP design is based on lithium carbonate production of 2 500 t/y, which is one-tenth the scale of... 

Namibia to establish mining and marine institutes at the coast

By: African News Agency      3rd July 2017 The University of Namibia (UNam) plans to establish marine engineering and mining training institutions at the coast. The School of Marine Engineering and Maritime Studies will be established in Henties Bay where an eight hectare piece of land was donated by the municipality. 

Trump said to tout coal projects, nuclear aid in 'Energy week'

By: Bloomberg     30th June 2017 President Donald Trump is set to announce he is lifting an Obama-era policy that curtailed the financing of coal-fired power plants overseas, as he seeks to propel American " energy dominance" and reorients the US government away from fighting climate change. Trump also will describe a series of... 

Disruptive tech needed in local gold sector

     30th June 2017 Trends in gold production and processing have remained largely unchanged; however, the varying nature of future gold reserves will force change and, as such, the industry needs to be prepared to invest in and employ disruptive technology, says independent process industry consultant Santosh... 

Poor governance, accountability stymieing rehabilitation after mine closure

By: David Oliveira     30th June 2017 Delegates at the mining seminar of Sustainability Week, which took place at the Council for Scientific and Industrial Research, in Pretoria, earlier this month, heard that greater levels of governance and accountability were needed to ensure effective land rehabilitation post-mine closure. South... 

Canada's Gabriel Resources sues Romania for a record C$5.7bn

By: Henry Lazenby     29th June 2017 Canadian project developer Gabriel Resources is suing Romania for a record C$5.7-billion before the World Bank's International Centre for Settlement of Investment Disputes (ICSID), the TSX-listed company revealed on Thursday. The company hopes to tie up a drawn out dispute with the country’s... 

Citic Pacific warns A$15.8bn Sino project is in jeopardy

By: Esmarie Swanepoel     29th June 2017 The future of the A$15.8-billion Sino iron project, in Western Australia, could be in jeopardy as the approval of the mine continuation proposal is delayed. China-owned Citic Pacific Mining has said the expansion, which would ensure sufficient space for waste, tailings and stockpile facilities,... 

CME finds EPA decision on two new iron-ore mines disappointing

By: Megan van Wyngaardt     28th June 2017 The Western Australian Environmental Protection Authority’s (EPA’s) recommendation against approval of two mid-west banded iron formation (BIF) mines is a disappointing decision, Western Australia Chamber of Minerals and Energy (CME) natural resources manager Kane Moyle said on Wednesday. The EPA... 

Shorts pile into cash-strapped Lonmin as platinum flounders

By: Bloomberg     27th June 2017 The last time there was so much short-selling on Lonmin Plc, the platinum miner was weeks away from a life-saving rights issue. At 14% of the total outstanding shares, Lonmin is the seventh-most-shorted stock on the 645-member FTSE All-Share Index, according to data compiled by Markit. That... 

OceanaGold narrows 2017 guidance as Haile teething problems dent project progress

By: Henry Lazenby     27th June 2017 Melbourne, Australia-based gold producer OceanaGold on Monday said it has narrowed the top-end of its 2017 gold production guidance as teething problems at its new Haile gold mine, in South Carolina, stymies progress. The TSX- and ASX-listed midtier miner, with assets located in the Philippines,... 

Vedanta seeks to quadruple Zambia copper output over three years

By: Bloomberg     26th June 2017 Vedanta Resources plans to quadruple its Zambian copper output over the next three years, the local unit’s chief executive officer said, signaling a more ambitious expansion in Africa’s second-biggest producer of the metal. Most of the increase will come from Konkola Copper Mines’ flagship... 

If Koko returns, it won’t be as acting CEO, Brown avers, as she unveils interim board

By: Terence Creamer     23rd June 2017 Public Enterprises Minister Lynne Brown has called on the new interim leadership of embattled power utility Eskom to give priority attention to addressing the management of contracts, conflicts of interest and the quality of coal being supplied to its power stations. Speaking following the Eskom... 

Barrick, Novagold to take a closer look at optimising multimillion-ounce Donlin project, Alaska

By: Henry Lazenby     23rd June 2017 Joint venture partners Barrick Gold and Novagold announced on Thursday that their co-owned operating company Donlin Gold will undertake an $8-million drill programme to further optimise the Donlin gold project, located in the Yukon Kuskokwim region of Alaska. Donlin already has compliant measured... 

High-quality products equal reduced maintenance on mines

By: Marleny Arnoldi     23rd June 2017 To lower maintenance costs and increase plant efficiency in trying economic times, gratings, stair treads, pressed floors and safety handrails manufacturer Vital Engineering offers clients service level agreements (SLAs) after the completion of projects.  

Metalicity eyes DSO operation at Admiral Bay

By: Esmarie Swanepoel     19th June 2017 ASX-listed junior Metalicity is hoping to bring forward production at its Admiral Bay zinc project, in Western Australia, with the introduction of an ore sorting technique. The company said on Monday that it would undertake a detailed assessment programme of the ore sorting technique as part of... 

Company aims to solve Africa’s challenges with Aussie solutions

     16th June 2017 Pumps and pressure cleaners producer Australian Pump Industries, commonly known as Aussie Pumps, has been actively looking to the African continent for distribution outlets, says MD Warwick Lorenz. Australian Pump Industries, located in Sydney’s Norwest “Silicon Valley” area, operates a... 

Consolidation of efforts key to increasing youth participation in mining

By: Ilan Solomons     16th June 2017 South Africa’s mining sector needs to consolidate its current youth development initiatives to ensure meaningful upliftment of the country’s youth, says Chamber of Mines (CoM) of South Africa skills development head Mustak Ally. The pooling of resources will provide a more focused and centralised... 

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... 

Restoring the Balance- Post Mine Closure Rehabilitation.

     15th June 2017 On Wednesday 14th June 2017, Ncamiso Mining Chief Operating Officer, Tshego Motsoenyane spoke on the topic of ‘Restoring the Balance- Post mine Closure Rehabilitation’ at the Sustainability in Mining Seminar as part of Sustainability Week 2017. Sustainability Week hosted by alive2green provides a... 

Consolidation of efforts key to increasing youth participation in mining

By: Ilan Solomons     15th June 2017 South Africa’s mining sector needs to consolidate its current youth development initiatives to ensure meaningful upliftment of the country’s youth, says Chamber of Mines (CoM) of South Africa skills development head Mustak Ally. The pooling of resources will provide a more focused and centralised... 

Dacian hedges on high gold price

By: Esmarie Swanepoel     14th June 2017 Gold developer Dacian Gold has signed its first gold hedging contract over its Mount Morgans project, in Western Australia. The company on Wednesday told shareholders that it had forward-sold 52 000 oz of gold at an average price of A$1 782/oz. The gold will be delivered between July 2019 and... 

Hudbay receives US Forest Service final record of decision for Rosemont

By: Henry Lazenby     9th June 2017 Base metals producer Hudbay Minerals has received a positive record of decision (ROD) from the US Forest Service (USFS) for its 80%-owned Rosemont project, in Arizona. "This decision brings us another step closer to being able to build a modern mine that will fulfil the requirements of its... 

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