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Metallica and Melior merger creates diversified Qld mining firm
By: Mariaan Webb 13th September 2018 Brisbane-based resources firms Metallica Minerals and Melior Resources on Thursday announced a binding merger agreement, creating a diversified Queensland mining company with near-term production potential and a pipeline of future growth opportunities. The merger will combine mineral sands and... →
AngloGold moves to avoid 2 000 job losses in South Africa region
By: Martin Creamer 20th August 2018 The once overwhelmingly dominant South Africa segment of gold mining company AngloGold Ashanti has been reduced to a mere loss-making shadow of its former self. In the six months to June 30, South Africa produced a mere 10% of the company’s gold unprofitably. →
Excitement as ‘Wits-style’ gold is discovered in iron-ore hub, but geologist urges caution
By: Nadine James 13th April 2018 While there is no doubt that conglomerate gold has been discovered in the Pilbara, the broader understanding of this style of gold mineralisation in the Pilbara remains incomplete and, therefore, any comparisons with the Witwatersrand (Wits) basin are premature, states SRK Consulting geologist... →
Excitement as ‘Wits-style’ gold is discovered in iron-ore hub, but geologist urges caution
By: Nadine James 13th April 2018 While there is no doubt that conglomerate gold has been discovered in the Pilbara, the broader understanding of this style of gold mineralisation in the Pilbara remains incomplete, and therefore any comparisons with the Witwatersrand (Wits) Basin are premature, states SRK Consulting geologist... →
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... →
Johnson Controls’ dual centrifugal chiller selected for cooling system at Ghana gold mine
By: Mia Breytenbach 2nd February 2018 Engineering consultancy Bluhm Burton Engineering (BBE) has selected diversified technology provider Johnson Controls’ York YD dual centrifugal chiller to meet the cooling requirements for gold and copper producer Newmont Mining Corporation’s Subika underground project at the Ahafo complex, in... →
Rio Tinto employs nearly 600 indigenous people in Cape York
By: Creamer Media Reporter 25th January 2018 Diversified mining group Rio Tinto is delivering on its commitments to provide employment to locals at its Cape York bauxite sites, in Australia’s far north. The Queensland Resources Council (QRC) reported on Thursday that Rio Tinto’s indigenous workforce had reached 574 across the bauxite sites,... →
More than 100 jobs on offer at Rio Tinto’s Weipa mines
By: Creamer Media Reporter 12th December 2017 Diversified miner Rio Tinto has launched a recruitment drive for more than 100 new roles at its bauxite mines on the western Cape York Peninsula in Queensland. The opportunities are available across Rio Tinto’s operations at Weipa including existing mines at Andoom and East Weipa and the new... →
Kairos finds funding for Pilbara gold project
By: Esmarie Swanepoel 25th October 2017 Diversified explorer Kairos Minerals on Wednesday announced a A$7-million share placement to sophisticated and professional investors to fund exploration at its Pilbara gold project, in Western Australia. Some 127.2-million new shares will be issued at a price of 5.5c each, along with one free... →
Queensland grants Metro leases for Bauxite Hills mine development
By: Esmarie Swanepoel 29th August 2017 The Queensland government has granted ASX-listed Metro Mining three mining leases over its Bauxite Hills mine. Minister for State Development and Natural Resources and Mines Dr Anthony Lynham said the granted leases were critical for the A$35.8-million bauxite mine project to proceed into... →
Metro completes A$38m bookbuid
By: Esmarie Swanepoel 19th July 2017 Bauxite developer Metro Mining has successfully raised A$38-million to advance its Bauxite Hills project, in Queensland, after successfully completing an institutional placement book build. The company on Wednesday said that the institutional placement, which had been priced at 13.5c a share,... →
Queensland coal mining jobs growing again
By: Esmarie Swanepoel 23rd May 2017 Stronger commodity prices have resulted in an increase in the number of jobs in the coal exploration sector, with new data from the Queensland government revealing that employment in the sector had grown by more than 3 000 in the six months to November. “Coal mining jobs are up 9% to 22 000 and... →
Rio awards A$900m in contracts as Amrun mine development progresses
By: Esmarie Swanepoel 24th March 2017 Production and shipping from the Amrun bauxite mine, in Queensland, is on track to start in the first half of 2019, with mining major Rio Tinto this week announcing the award of more than A$900-million of contracts to Queensland suppliers. Queensland Premier Annastacia Palaszczuk said Rio’s... →
Rio starts work on new bauxite mine
By: Esmarie Swanepoel 19th January 2017 Diversified giant Rio Tinto has awarded a A$70-million bulk earthworks contract to Queensland-based civil engineering firm QBrit for work at its A$2.6-billion Amrun bauxite project, in Cape York. The project will produce at an initial rate of 22.8-million tonnes a year, with the option to expand... →
Kairos drilling programme shows encouraging results
By: Megan van Wyngaardt 19th December 2016 A maiden gold-focused drilling programme at ASX-listed Kairos Minerals’ 100%-owned Mt York lithium-gold project, in the Pilgangoora district of the Pilbara region of Western Australia, has been completed for an aggregate of 5 242 m of drilling. The company estimates that it currently has around... →
Metro partners up in Myanmar
By: Esmarie Swanepoel 8th December 2016 ASX-listed Metro Mining has signed a farm-in agreement with PanAust over its Mahar San exploration project, in Myanmar. Under the agreement PanAust will have the exclusive option to explore the project for one year, in exchange for funding all operating costs, including an agreed drilling... →
Metro gains majority stake in Gulf Alumina, rival bid falls by the wayside
By: Esmarie Swanepoel 5th December 2016 ASX-listed Metro Mining has declared its takeover offer for Gulf Alumina unconditional, after shareholders representing some 57.3% of the company’s issued capital accepted its offer. Metro initially offered Gulf shareholders a choice between 60c in cash a share, or a cash and shares alternative... →
Clock ticking for Moly to match offer for Gulf
By: Esmarie Swanepoel 2nd November 2016 ASX-listed Moly Mines has five days in which to match a takeover offer from fellow-listed Metro Mining for Gulf Alumina, after the latter determined Metro’s offer to be a superior proposal. Moly Mines in September launched a combination of A$0.46 in cash and 1.4 options for each Gulf share held,... →
Urquhart free of EIS
By: Esmarie Swanepoel 25th October 2016 The Queensland government has told ASX-listed Metallica Minerals that it will not require an environmental-impact statement (EIS) for its Urquhart bauxite project. The determination by the Department of Environment and Heritage Protection follows an earlier determination from the federal... →
Metro rivals Moly with cash and share offer for Gulf Alumina
By: Esmarie Swanepoel 25th October 2016 ASX-listed Metro Mining will launch another takeover offer for Gulf Alumina to rival a takeover offer from fellow-listed Moly Mines. Metro, which already holds a 39% stake in Gulf Alumina, has previously said some of the conditions attached to the Moly Mines offer would be difficult to satisfy. →
Metro responds to Moly Mines offer
By: Esmarie Swanepoel 23rd September 2016 ASX-listed Metro Mining has responded to fellow-listed Moly Mines’ offer for Gulf Alumina, in which Metro holds a 39% interest, saying that some of the conditions of the transaction will be difficult to satisfy. Metro pointed out on Friday that Moly Mines is a controlled subsidiary of the... →
Kairos expands, refines lithium portfolio
By: Anine Kilian 4th July 2016 ASX-listed Kairos Minerals has expanded and refined its lithium portfolio in the Pilbara region of Western Australia. It has secured three new prospective lithium exploration projects – the 182.4 km2 Croydon, the 383.7km2 Southern Pride and the 108.9 km2 Taipan projects – to complement its... →
Metallica completes sale of Boyne limestone project
By: Samantha Herbst 27th June 2016 ASX-listed bauxite developer Metallica Minerals has completed the sale of its noncore Boyne limestone project, near Gladstone, Queensland, after a private group paid the agreed balance of $900 000. The private purchaser sought to acquire the two granted mining leases that formed the Boyne project... →
Metallica gets green light to move forward with Urquhart sans EIS
By: Samantha Herbst 24th June 2016 The Commonwealth Department of the Environment has determined that ASX-listed Metallica Minerals’ Urquhart bauxite project, in north Queensland, does not require an environmental impact assessment (EIS), as the impact of the project is considered minimal. “This major milestone confirms that the... →
Bauxite Hills EIS open for public comment
By: Esmarie Swanepoel 12th May 2016 The environmental impact statement (EIS) for the proposed Bauxite Hills project, in Cape York, has been opened for public comment after the Queensland government accepted the document. ASX-listed Metro Mining in April submitted the EIS to the Queensland Department of Environment and Heritage... →
Metro submits environmental work for Bauxite Hills
By: Esmarie Swanepoel 11th April 2016 Bauxite developer Metro Mining has submitted the environmental impact statement (EIS) for its proposed Bauxite Hills project, in Cape York, to the Queensland Department of Environment and Heritage Protection. Once the state government approved the EIS, the document would be put on public display... →
Metallica finds port solution for Urquhart
By: Esmarie Swanepoel 7th April 2016 ASX-listed Metallica Minerals has struck a heads of agreement (HoA) with the operator of the nearby Hey Point bauxite mine to provide logistical services for the Urquhart bauxite project, in Cape York. The agreement would see direct shipping bauxite from the Urquhart mine be delivered to export... →
Mali gold mine to use SA cooling solution
By: Simon Sonnekus 1st April 2016 Mine ventilation, refrigeration and air-cooling installations provider BBE projects has secured a $16-million order for two mine cooling systems at a deep-level gold mine, in Mali. “The addition of the cooling systems will enhance safety at the mine by improving the underground working... →
Takeovers Panel demands more info from Gulf
By: Esmarie Swanepoel 15th March 2016 Bauxite developer Metro Mining has welcomed a declaration of unacceptable circumstances from the Takeovers Panel in relation to the affairs of takeover target Gulf Alumina. Metro in December last year launched a takeover offer for Gulf Alumina, offering Gulf shareholders 3.3 new Metro shares... →
Metro extends takeover period for Gulf
By: Esmarie Swanepoel 5th February 2016 Bauxite developer Metro Mining has extended the takeover period of its offer for unlisted Gulf Alumina from February 15 to March 15. Metro in December of last year launched a takeover offer for Gulf Alumina, offering Gulf shareholders 3.3 new Metro shares for every one gulf share held. →
Metro identifies DSO potential in Cape York
By: Esmarie Swanepoel 9th December 2015 ASX-listed Metro Mining on Wednesday reported an 11.7-million-tonne direct shipping ore (DSO) indicated resource for its BH2 deposit, in Cape York. The BH2 deposit brought Metro’s total DSO bauxite resource in the Cape York region to 65.3-million tonnes. →
Rio’s reshaped aluminium business to deliver more savings in 2016
By: Esmarie Swanepoel 8th December 2015 Diversified giant Rio Tinto on Tuesday revealed that its aluminium division had delivered about $300-million in cash costs improvements during 2015, along with a $45-million reduction in sustaining capital expenditure (capex) and a $400-million cut in working capital. “We have made significant... →
BBE brings cooling to Mali mine
7th December 2015 BBE Projects has been awarded a mine cooling project for the complete turnkey design and build of two refrigeration and air-cooling installations in Mali. This is BBE Project’s third refrigeration installation this year in Africa, the first being the second phase of the air-cooling programme at... →
Metro bids for unlisted Gulf to create leading Cape York bauxite firm
By: Esmarie Swanepoel 2nd December 2015 Bauxite developer Metro Mining on Wednesday announced its intention to make a takeover offer for unlisted Gulf Alumina, to create a leading independent Cape York bauxite company. →
Rio Tinto pumps $1.9bn into Queensland bauxite project
By: Esmarie Swanepoel 27th November 2015 Mining giant Rio Tinto on Friday announced a $1.9-billion investment into its Amrun bauxite project, in Queensland’s Cape York. The miner reported that the project would involve the construction of a bauxite mine and associated processing and port facilities on the Cape York peninsula in north... →
Metallica eyes another noncore sale
By: Esmarie Swanepoel 16th November 2015 ASX-listed Metallica Minerals has executed an option agreement to sell its noncore Boyne limestone project, near Gladstone, to an unnamed party for A$1-million. The option term would be for a period of six months, but could be extended to nine months if regulatory approval was not required within... →
Mine orders two additional chillers as it reaches 1 700 m depth
By: Dylan Slater 16th October 2015 Limpopo-based copper miner Palabora Mining Company (PMC) acquired two additional 3 500 kW York CYK compound centrifugal chillers in December 2014 from diversified technology company Johnson Controls Building Efficiency. →
Metro signs offtake MoU
By: Esmarie Swanepoel 10th August 2015 Bauxite developer Metro Mining has signed an offtake memorandum of understanding (MoU) with Chinese aluminium firm Xinfa Group over the Bauxite Hills project, in Queensland’s Cape York Peninsula. The MoU contemplated an offtake of between 1-million and 1.2-million tonnes a year of bauxite, over... →
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