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Mineral Sands News
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... →
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,... →
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... →
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... →
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... →
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... →
Mayur finds funding for Orokolo Bay
By: Esmarie Iannucci 7th January 2019 ASX-listed Mayur Resources has secured up to $25-million in funding from China Titanium Resources Holdings to develop its Orokolo Bay industrial mineral sands project, in the Gulf of Papua. In exchange for the funding, China Titanium Resources will be given a 49% stake in Mayur subsidiary MR... →
Strandline appoints Fungoni financier
By: Esmarie Iannucci 3rd January 2019 Mineral sands developer Strandline Resources has selected African mining financier Nedbank CIB as the lead arranger and underwriter for a $26-million project finance facility for its Fungoni project, in Tanzania. The facility will account for the majority of the $32-million required to develop... →
Xolobeni community bans Mantashe for appealing right to say no to mining
By: African News Agency 13th December 2018 The Amadiba Crisis Committee said on Thursday that Mineral Resources Minister Gwede Mantashe was not welcome at the Xolobeni community anymore after it received his application for leave to appeal the court's judgement for the community's right to say no to mining in their area. Last month, the... →
Enable meaningful participation, pleads Women in Mining chair 
By: Martin Creamer 12th December 2018 The Mining Charter has significant room for improvement to enable meaningful participation of women in mining, says Women in Mining South Africa (WiMSA) chairperson Lindiwe Nakedi. Soweto-born Nakedi, who owns Gubhani Exploration – a surface exploration drilling company that is currently the only... →
Xolobeni judgment to be appealed
By: Rebecca Campbell 12th December 2018 Mineral Resources Minister Gwede Mantashe confirmed on Wednesday that he was going to appeal the Xolobeni judgment of the Pretoria High Court. That judgment, in November, held that the Mineral Resources Minister could not award a mining right at Xolobeni (in the Wild Coast region of the Eastern... →
Mineral Resources Minister Gwede Mantashe
Opinion: More conversations needed to confront the violence of mining in South Africa
6th December 2018 In this opinion article Mapungubwe Institute for Strategic Reflection’s Dr Salimah Valiani argues that only in identifying, embracing and engaging in the heated debates underlying the tensions in South African mining can the country move on collectively from violence to a shared vision of the... →
Innovate and generate cash at same time – Dassault Systèmes Geovia
By: Martin Creamer 5th December 2018 The objectives of innovating and generating cash are not mutually incompatible and can be achieved at multiple levels simultaneously, says Dassault Systèmes Geovia Brand CEO Raoul Jacquand, who was in Johannesburg to showcase the French company’s suite of advanced three-dimensional (3D) software.... →
Production ramp-up at Boonanarring starts
By: Esmarie Iannucci 4th December 2018 Production ramp-up at the Boonanarring mineral sands project, in Western Australia, has started. ASX-listed Image Resources said on Tuesday that the completion of wet commissioning and the start of production ramp-up at Boonanarring presented another development milestone for the project. →
Iluka resumes operations at Sierra Leone rutile mine as strike ends
By: Reuters 3rd December 2018 Mineral sands miner Iluka Resources resumed operations at its Sierra Leone project, Sierra Rutile, on Friday, after workers ended a strike that had stalled work for the last eight days, a senior union official told Reuters. The strike was the second in the past month to hit Sierra Rutile, one of... →
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