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Mineral Sands News

Mining sector’s pursuit of ‘zero harm’ continues

By: Simone Liedtke     19th April 2019 The South African mining industry has continuously recommitted to the shared aspiration of zero harm, which aims to ensure that mineworkers return home from work unharmed every day. While there was an 86% decline in the number of fatalities from 1994 to 2016, the death of 90 mineworkers marked a... 

Strandline’s Coburn delivers strong financial returns

By: Creamer Media Reporter      16th April 2019 Mineral sands project developer Strandline said on Tuesday that it would move to finalise funding and partnering for its Coburn project, in Western Australia, after a definitive feasibility study (DFS) outlined the projects strong financial returns. The DFS calculates that Coburn will generate... 

Voluntary administrators appointed for MZI

By: Creamer Media Reporter      16th April 2019 RMB Resources, the 60% shareholder of MZI Resources, has appointed Rob Kirman, Rob Brauer and Jason Preston as voluntary administrators of the ASX-listed mineral sands company, independent advisory firm McGrathNicol announced on Tuesday. The administrators would oversee the listed entity, MZI,... 

Iluka's output drops as maintenance takes a toll

By: Esmarie Iannucci     15th April 2019 Mineral sands miner Iluka has reported a 17% quarter-on-quarter decline in production for the three months ended March, on the back of kiln maintenance. Iluka produced 154 000 t of mineral sands during the quarter under review, including 81 600 t of zircon, 44 400 t of rutile and 55 500 t of... 

Kenmare achieves solid production at Moma in March quarter

By: Tasneem Bulbulia     11th April 2019 Kenmare Resources recorded “robust” production at its Moma titanium minerals mine, in northern Mozambique, during the quarter ended March 31, benefitting from an increased contribution from the wet concentrator plant (WCP) B following the upgrade work completed in 2018, Kenmare MD Michael Carvill... 

Base lowers expectations for 2020

By: Esmarie Iannucci     10th April 2019 Mineral sands miner Base Resources has flagged lower production expectations for the 2020 financial year as operations at the Kwale mineral sands project, in Kenya, moved from the Central Dune orebody to the South Dune orebody. For the full 2019, Base is expecting to produce between 88 000 t to... 

Rio Tinto approves $463m Zulti South project to extend RBM's life 

By: Creamer Media Reporter      8th April 2019 Diversified miner Rio Tinto on Monday approved the construction of the $463-million Zulti South project − the next stage in the development of mineral sands producer Richards Bay Minerals (RBM), in South Africa's KwaZulu-Natal province. The project will sustain RBM's current capacity, as well as... 

Rio Tinto approves $463m Zulti South project to extend RBM's life
Photo by Bloomberg
Rio Tinto CEO Jean-Sebastian Jacques

Melior targets commercial production at Australia project in June

By: Creamer Media Reporter      3rd April 2019 The Goondicum ilmenite project in Australia’s Queensland is poised to become cash positive in the June quarter, Toronto-based Melior Resources reported on Tuesday. The project produced 4 440 t in February and 7 860 t March, against goals of 7 900 t and 7 320 t, respectively. Melior said that... 

Exxaro unveils new ultramodern headquarters 

By: Martin Creamer     28th March 2019 South Africa’s largest coal producer and black-empowered coal company Exxaro has unveiled its new ultramodern headquarters. The conneXXion, in Centurion, has e-parking bays for employees to charge their electric or hybrid vehicles while they work, and attractive central staircases to encourage... 

Exxaro unveils new ultramodern headquarters
New Exxaro headquarters

Tronox now domiciled in the UK, expands board

By: Creamer Media Reporter      28th March 2019 Global mining and inorganic chemicals company Tronox Holdings has expanded its board to ten people, following the completion of its re-domiciliation to the UK, from Australia. The company’s new board appointments include Australian businesswoman, Vanessa Guthrie, currently the chairperson of the... 

Wesfarmers makes A$1.5bn bid for Lynas

By: Esmarie Iannucci     26th March 2019 Rare earths miner Lynas went into a trading halt on Tuesday after fellow-listed Wesfarmers launched a A$2.25c a share cash offer for the company. The A$1.5-billion cash bid offered a premium of 44.7% to Lynas’ last closing price, and a 36.4% premium to its 60-day volume weighted average share... 

Wesfarmers makes A$1.5bn bid for Lynas

Toliara proves positive for Base

By: Esmarie Iannucci     21st March 2019 A prefeasibility study (PFS) into the Toliara mineral sands project, in Madagascar, has estimated that the project could produce some 37.1-million tonnes of heavy mineral concentrate over a life-of-mine of 33 years. ASX-listed Base Resources told shareholders that the PFS envisaged a two-stage... 

Kavango completes Phase 2 AEM survey at Botswana licences

By: Tasneem Bulbulia     18th March 2019 SkyTEM has completed Phase 2 of the airborne electromagnetic (AEM) survey over the northern section of LSE-listed Kavango Resources’ prospecting licences that cover much of the Kalahari Suture Zone (KSZ) structure, in southwest Botswana. The AEM survey covered about 2 100 line kilometres to the... 

Zim government secures $6m investment for RHA tungsten project

By: Marleny Arnoldi     13th March 2019 Aim-listed Premier African Minerals says it has received notice from the Zimbabwe Ministry of Industry, Commerce and Enterprise Development that is has secured a proposed investment of $6-million for the RHA Tungsten project being developed by Premier. The funds will be used for the... 

Kenmare delivers record shipment volumes for third consecutive year 

By: Nadine James     13th March 2019 Mozambique-focused titanium minerals producer Kenmare Resources on Wednesday announced “strong” preliminary results for the 2018 financial year. Its flagship operation, the Moma mine, in northern Mozambique, is a tier-one asset with a resource life of over 100 years at planned production levels,... 

Kenmare delivers record shipment volumes for third consecutive year
Kenmare MD Michael Carvill

Court of Appeal rules in Kenmare’s favour on damages in libel case

By: Tasneem Bulbulia     1st March 2019 LSE-listed mineral sands producer Kenmare Resources on Thursday announced that the Court of Appeal in Ireland had ruled that the High Court jury’s award of damages, made in favour of its former director Donal Kinsella in November 2010, be considerably reduced from €10-million to €250 000. The... 

Bluejay confirms potential talks with Rio Tinto

By: Mariaan Webb     27th February 2019 Dual-listed Bluejay Mining has confirmed that Rio Tinto Iron and Titanium Canada is assessing the commercial potential of its Dundas ilmenite project, in Greenland. The company said on Wednesday that nothing had been finalised at this stage, noting that the news had been released accidentally as... 

Bluejay confirms potential talks with Rio Tinto

Premier to recommence drilling at Zimbabwe project

By: Tasneem Bulbulia     26th February 2019 Aim-listed Premier African Minerals will recommence drilling at its wholly-owned Zulu lithium and tantalum project, in Zimbabwe. Mobilisation will begin immediately and drilling is expected to begin as soon as mobilisation is complete and seasonal rains permit, the company announced in a... 

India bans private firms from mining beach sand

By: Ajoy K Das     25th February 2019 The Indian government has banned beach sand mining by private companies in a bid to check illegal sand mining and coastal erosion from rampant violations of mining rules across coastal states. “Coastal areas in Kerala, Tamil Nadu, Odisha and Andhra Pradesh where beach sand is laced with rare... 

Base revenue rises by 13%

By: Esmarie Iannucci     25th February 2019 Mineral sands miner Base Resources has reported a solid first half, with revenue up by 13% and net profit after tax up 4%. Base reported revenue of $102.2-million for the six months ended December, while net profit increased to $17.4-million. Earnings before interest, tax, depreciation and... 

Mineral sands producer Iluka swings back to the black

By: Esmarie Iannucci     21st February 2019 Mineral sands miner Iluka Resources has reported a 22% increase in revenue for the full year ended December, with the company swinging back into the black with a net profit after tax of A$304-million. Revenues for the 12 months under review increased to $1.2-billion, with underlying earnings... 

Exxaro completes Tronox divestment

By: Simone Liedtke     18th February 2019 Diversified miner Exxaro Resources on Monday confirmed that NYSE-listed mining and inorganic chemicals company Tronox has completed the first stage of its redomiciliation, whereby it has acquired Exxaro’s remaining ownership interest in Tronox Sands for just over R2.06-billion, or about... 

Xolobeni judgment continues to confound 

By: Martin Creamer     11th February 2019 Mining must take place with a strong focus on the interests of those who live in mining areas, says Mineral Resources Minister Gwede Mantashe, a standpoint that supports the notion that a mining right and a land right can co-exist, without pleasing one party at the expense of the other.  But the... 

Xolobeni judgment continues to confound
Mineral Resources Minister Gwede Mantashe

Sort out Eskom or beneficiation will suffer, warns Mantashe

By: Kim Cloete     7th February 2019 Mineral Resources Minister Gwede Mantashe has expressed concern about progress in beneficiating minerals, while Eskom is still battling. “If we don’t sort out Eskom problems, we are going to be in trouble with beneficiation. There must be an arrangement for certain categories of customers for an... 

Purvis resigns as Keysbrook goes on the block

By: Esmarie Iannucci     29th January 2019 Martin Purvis has tendered his resignation as MD and CEO of ASX-listed MZI Resources effective immediately, as the company started the process to explore options to realise value at its Keysbrook mineral sands project, in Western Australia. An interim CEO is expected to be appointed shortly, MZI... 

Iluka revenue jumps on higher zircon prices

By: Esmarie Iannucci     25th January 2019 Mineral sands miner Iluka Resources has reported a 22% increase in revenue for 2018, as zircon prices increased by 41% on the previous year. Iluka on Friday announced that zircon, rutile and synthetic rutile revenue reached more than A$1.24-billion in 2018, despite sales volumes being down by... 

Sheffield secures LNG for Thunderbird

By: Esmarie Iannucci     22nd January 2019 Mineral sands miner Sheffield Resources has struck a liquefied natural gas (LNG) supply agreement with ASX-listed Woodside Energy and Energy Developments (EDL) at is Thunderbird project, in Western Australia. The 15-year supply agreement will see Woodside and EDL deliver 1 950 TJ/y of LNG to the... 

Macua, Wamua warn of looming protest around Xolobeni consultation

By: Marleny Arnoldi     17th January 2019 Community rights bodies Mining Affected Communities United in Action (Macua) and Women Affected by Mining United in Action (Wamua) on Thursday announced plans to picket at the offices of the Department of Mineral Resources (DMR). This would be to serve notice that, should Minister Gwede... 

Base adjusts outlook for 2019

By: Esmarie Iannucci     17th January 2019 Mineral sands miner Base Resources has adjusted its full-year production guidance at the Kwale project, in Kenya, as the company adjusts for lower ore densities in the remaining Central Dune orebody. Rutile production expectations for the full year has remained fairly unchanged at between 88 000... 

Xolobeni community survey to confirm whether mining can proceed

By: Marleny Arnoldi     16th January 2019 Mineral Resources Minister Gwede Mantashe on Wednesday announced the imminent start of an independent survey to be undertaken in Xolobeni, in the Eastern Cape. This follows the Minister’s visit to the community on Tuesday in efforts to gain “full consent” to planned mining and economic activity... 

South African faith communities back Xolobeni community's resistance against mining exploration

By: African News Agency      16th January 2019 The Southern African Faith Communities Environment Institute (Safcei) on Tuesday came out in support of the Amadiba Crisis Committee (ACC) action group and called on Mineral Resources Minister Gwede Mantashe to stay away from Xolobeni. Mantashe is set to visit the volatile Xolobeni community in... 

Boonanarring delivers first revenue

By: Esmarie Iannucci     15th January 2019 ASX-listed Image Resources has received the first revenue from its Boonanarring mineral sands project, in Western Australia, after loading its first bulk shipment of 10 000 t of heavy mineral concentrate. The concentrate will be shipped to China s part of an offtake agreement with Shantou... 

Mantashe to engage Xolobeni community  

By: Marleny Arnoldi     14th January 2019 Mineral Resources Minister Gwede Mantashe will once again engage with the Xolobeni community on Wednesday to try to find suitable solutions to an impasse over the awarding of mining rights in the Xolobeni area of the Eastern Cape. Following the Minister’s last meeting with the Amadiba Crisis... 

Mantashe to engage Xolobeni community
Photo by Dylan Slater
Mineral Resources Minister Gwede Mantashe

Sheffield starts search for Thunderbird partner

By: Esmarie Iannucci     14th January 2019 Mineral sands developer Sheffield Resources has started the hunt for a development partner for its Thunderbird project, in Western Australia. The company on Monday announced the appointment of global investment bank UBS AG, which will assist Sheffield in considering third party strategic... 

Kenmare meets production guidance for third consecutive year

By: Tasneem Bulbulia     10th January 2019 London-listed Kenmare Resources, which operates the Moma titanium minerals mine, in Mozambique, achieved its production guidance for a third consecutive year in 2018 – delivering 1.37-million tonnes of heavy minerals concentrate. The company produced 958 500 t of ilmenite and 48 400 t of primary... 

Xolobeni youth distances itself from Mantashe ban, wants Minister to visit the village 

By: African News Agency      10th January 2019 Xolobeni youths have distanced themselves from the Amadiba Crisis Committee's (ACC's) announcement that mineral resources minister, Gwede Mantashe, was not welcome at the volatile Eastern Cape village.  On Tuesday the ACC reiterated that Mantashe was not welcome in Xolobeni after the minister... 

Nautilus, Deep Sea Mining Finance extend loan facility maturity date

By: Tasneem Bulbulia     8th January 2019 Nautilus Minerals and Deep Sea Mining Finance have agreed to extend the maturity date of the existing secured loan facility, which is currently due on January 8, for 30 days to February 8. Nautilus is currently in discussions with an arm’s length party to secure a $5-million loan. 

Athabasca appoints new COO

By: Simone Liedtke     8th January 2019 Dana Archibald has been appointed COO of TSX-V-listed Athabasca Minerals, pending approval by the TSX-V. He joins Athabasca as a key executive leader, supporting CEO Robert Beekhuizen in managing the performance of existing operations and realising the corporation’s growth in its project... 

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