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Mineral Sands News
Higher mineral sands prices underpin Kenmare’s strong interim performance
By: Simone Liedtke 20th August 2018 LSE-listed Kenmare Resources achieved strong financial results for the six months to June 30, with the titanium and zircon producer having generated $48.4-million in operating cash flow through the shipment of 589 t at increased prices. The miner further recorded a 37% increase in revenue, as a... →
Iluka's H1 earnings surge
By: Esmarie Iannucci 16th August 2018 Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in the interim period, compared with the A$154.6-million in the previous... →
Resources investor Ian Henderson joins Bluejay board
By: Creamer Media Reporter 15th August 2018 Aim- and FSE-listed Bluejay Mining has appointed well-known resource investor, Ian Henderson, as a nonexecutive director with immediate effect. The appointment is designed to promote Bluejay and its flagship Dundas ilmenite project, in Greenland, to the international mining investment industry,... →
Boonanarring on track and budget - Image
By: Esmarie Iannucci 14th August 2018 Commissioning and first production from the Boonanarring mineral sands project, in Western Australia, remained on track for the fourth quarter of this year, owner Image Resources said. The company on Tuesday said that construction of the opencut mine started in April, with the exposure of first... →
Sheffield ticks another Thunderbird box
By: Esmarie Iannucci 13th August 2018 The Thunderbird mineral sands project, in Western Australia, has been granted environmental approval from the state’s Environment Minister Stephen Dawson. Project owner Sheffield Resources said on Monday that following the completion of the state environmental approvals process, the final steps... →
Base increases Kwale production
By: Esmarie Iannucci 25th July 2018 Mineral sands miner Base Resources has reported increased ilmenite, rutile and zircon production from its Kwale project, in Kenya, following the successful ramp-up of mining operations post the commissioning of the Kwale Phase 2 (KP2) optimisation project. →
Kenmare Q2 production in line with expectations, reduces debt
By: Simone Liedtke 17th July 2018 LSE-listed mineral sands producer Kenmare Resources produced 377 900 t of heavy mineral concentrate (HMC) in the second quarter ended June 30, a 5% increase on the 359 200 t produced in the first quarter of the year, in line with expectations. Ilmenite production for the second quarter was 238... →
Rio says workers return at South Africa's Richards Bay Minerals
By: Bloomberg 16th July 2018 Rio Tinto’s Richards Bay Minerals in South Africa said workers are reporting for duty after violence and protests that started more than a week ago shut the operations. “Following a significant improvement in the security situation, employees are returning to work today and we will safely ramp up... →
Bluejay's Dundas may be attractive to Rio Tinto – analysts
By: Mariaan Webb 12th July 2018 The closure of Rio Tinto's South African subsidiary Richards Bay Minerals (RBM) as a result of violent protests this week, may play into the hand of London- and Frankfurt-listed Bluejay Mining, which is developing the Dundas ilmenite project, in Greenland. The project is said to be the... →
Eramet to replace MDL board after gaining major share
By: Esmarie Iannucci 11th July 2018 French firm Eramet has extended the takeover offer period for its joint venture (JV) partner Mineral Deposits (MDL) until July 24, flaunting a 63.87% interest in the ASX-listed company. The directors of MDL this week unanimously recommended the revised takeover offer from Eramet, after the... →
Rio Tinto says minerals sands operation in South Africa shut by protests
By: Reuters 11th July 2018 A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the company and a union said on Wednesday. Community unrest is a common feature of South Africa's social... →
Sheffield opens Derby office
By: Esmarie Iannucci 5th July 2018 Mineral sands developer Sheffield Resources has officially opened a new office facility in Derby, Western Australia, which will play an important role in supporting the proposed Thunderbird project. “Thunderbird offers enormous opportunities, and we’ve pledged to the Kimberley community to... →
Boonanarring economics improve on higher prices
By: Esmarie Iannucci 28th June 2018 Higher zircon prices have enhanced the economics of the proposed Boonanarring and Altas mineral sands deposits, in Western Australia, owner Image Resources said on Thursday. The company reported that the higher mineral resources prices had pushed up the project’s pre-tax net present value from... →
Kenmare appoints new independent nonexec director
By: Marleny Arnoldi 26th June 2018 In line with LSE-listed Kenmare Resources’ aim of continually improving governance, it has appointed Clever Fonseca as an independent nonexecutive director, effective July 1. →
Sheffield finds buyer for Thunderbird ilmenite
By: Esmarie Iannucci 21st June 2018 Mineral sands developer Sheffield Resources has inked a maiden ilmenite offtake agreement for its Thunderbird project, in Western Australia. The company on Thursday told shareholders that the five-year agreement with Bengbu Zhongheng New Materials will see the company supply 150 000 t of... →
Minerals Council, water dept collaborate on water conservation, demand management project
By: Creamer Media Reporter 15th June 2018 The Department of Water and Sanitation (DWS) and the Minerals Council South Africa (MCSA) have reached a significant milestone in a collaborative exercise on water conservation and water demand management aimed at driving water savings and usage improvements in the mining industry. The... →
Strandline reconsiders Coburn development
By: Esmarie Iannucci 14th June 2018 Mineral sands developer Strandline Resources will start a full definitive feasibility study (DFS) on its Coburn project, in Western Australia, after an upswing in mineral sands prices. The company said on Thursday that the new DFS was driven by positive results from an internal project review,... →
MDL rejects revised offer
By: Esmarie Iannucci 14th June 2018 Takeover target Mineral Deposits (MDL) have urged shareholders to reject the improved offer from joint venture (JV) partner Eramet, saying that it was still below the independent expert’s valuation. Eramet this week increased its offer for MDL from A$1.46 a share to A$1.75 a share, increasing... →
South Africa’s ‘Samcodes way’ a world-beater – Mullins
By: Martin Creamer 12th June 2018 South Africa has succeeded in creating a meticulous set of mineral reporting codes that continue to gain international recognition. The South African Mineral Reporting Codes (Samcodes), which protect investors, are currently so highly regarded that in October South Africa will host a large... →
Samcodes standards committee chairperson Matt Mullins (left) and Mining Weekly Online's Martin Creamer
Mineral Deposits investor says won't take Eramet bid as market eyes better offer
By: Reuters 8th June 2018 The second-largest investor in Australia's Mineral Deposits said it would not accept a takeover bid by Eramet SA, as Mineral Deposits' shares surged, signalling investors expect the French miner to make a higher offer. Eramet made an all-cash takeover bid for its joint venture partner in a mine... →
Resources company on target for PFS completion
By: Melissa Zisengwe 8th June 2018 Diversified resources company Savannah Resources says the company is well on target to complete the Mutamba prefeasibility study (PFS) in early 2019, as stage one of the PFS is well advanced and includes a gap analysis, an options review, project planning and budget finalisation for stage two of... →
Mandela Mining Precinct partner boasts simulation capabilities, serves as ‘test-bed’ for Mining 4.0 technologies 
By: Nadine James 7th June 2018 SiMINE @ Mandela Mining Precinct, located at Carlow Road in Johannesburg, effectively offers two core services – experiential mining simulation as well as a “test bed” for Mining 4.0 principles and systems – for the betterment of the industry, says SiMINE director Gary Lane. He explains that... →
European Metals starts beneficiation of Cinovec bulk sample
By: Anine Kilian 6th June 2018 Aim-listed European Metals has started the beneficiation process and magnetic separation of a 15 t bulk sample at its Cinovec lithium/tin project, in the Czech Republic. The beneficiation and magnetic separation of a lithium-rich concentrate will provide pilot plant feed for planned downstream... →
Current mining ‘boom’ very different to last one – CRU
By: Martin Creamer 6th June 2018 A return of capital expenditure (capex) and inorganic sources of growth are seen as a key corporate priority for 2018 and beyond, CRU Group senior consultant Aleksander Popovic said on Wednesday. The provider of marketing intelligence to mining told the Junior Indaba that the company’s... →
CRU Group senior consultant Aleksander Popovic
Premier African secures $300 000 loan
By: Marleny Arnoldi 5th June 2018 Aim-listed Premier African Minerals (Pam) has entered into a loan agreement with a company, owned by a trust of which its CEO George Roach is a beneficiary, for a gross value of $300 000. The loan will provide additional general working capital, while the company looks to bring finality to the... →
Oil & gas, mining industries anxious about top brass succession planning
By: Henry Lazenby 31st May 2018 There is real anxiety in the oil and gas and mining industries regarding the lack of aptitude to replace an ageing top-level management talent pool, Stephen Diotte, partner and head of leadership services for Odgers Berndtson tells Mining Weekly Online. He recently joined the executive search... →
Dundas vying to be the next large-scale Greenland mine
By: Mariaan Webb 31st May 2018 London- and Frankfurt-listed Bluejay Mining is set to bring into production the world’s highest-grade ilmenite project in 2019, feeding into the Greenland government’s target of opening five large-scale mines in the near term. The first of these five mines, Aappaluttoq, opened last year and is... →
DRA consolidates West African footprint with Sierra Leone EPC project
By: Anine Kilian 28th May 2018 Global engineering firm DRA has secured a contract with Iluka Resources subsidiary Sierra Rutile for the expansion of its mineral sands operations in the Bonthe district of Sierra Leone. Sierra Rutile’s Gangama plant, which was originally built by DRA in 2016, will double its capacity to between... →
Vedanta reports fatality at Gamsberg project
By: Anine Kilian 28th May 2018 An employee was killed in a mining related accident at Vedanta Zinc International’s Gamsberg project, in the Northern Cape, on Friday. All work at the Gamsberg project has been halted while investigations involving the local emergency services and South African Police Service, the Department of... →
Bluejay targets 100Mt resource at Greenland prospect
By: Creamer Media Reporter 22nd May 2018 Aim-listed Bluejay is gearing up for an exploration programme to get under way at the Iterlak discovery, which forms part of its Dundas ilmenite project, in Greenland. Bluejay has set itself a target of delivering a maiden resource at Iterlak of more than 100-million tonnes of material at an... →
Sheffield secures port allocation for Thunderbird
By: Esmarie Iannucci 16th May 2018 Mineral sands developer Sheffield Resources has signed a port access agreement with the Shire of Derby-West Kimberly, allowing the company access to a bulk handling facility and infrastructure at the port of Derby. Sheffield is hoping to export its mineral sands project from the Thunderbird... →
Boonanarring fully funded - Image
By: Esmarie Iannucci 11th May 2018 The Boonanarring mineral sands project, in Western Australia, is poised for development after ASX-listed Image Resources satisfied all conditions precedent for the drawdown of a A$50-million loan facility. The loan funds will be drawn down in a single tranche for the full amount, on or before... →
Strandline finds buyer for Fungoni ilmenite
By: Esmarie Iannucci 2nd May 2018 ASX-listed Strandline Resources has signed a binding sales contract with China’s Maoming Ubridge Group Mineral Industry Company for all the ilmenite to be produced at its Fungoni project, in Tanzania, over the life of the project. MD Luke Graham said on Tuesday that establishing this strategic... →
Eramet launches A$291m takeover offer for MDL
By: Esmarie Iannucci 27th April 2018 Base metals producer Eramet has launched an off market takeover offer for joint venture (JV) partner Mineral Deposits Limited (MDL). Eramet, which holds a 50% interest in the TiZir titanium and iron JV, in Norway, was offering MDL shareholders A$1.46 a share in cash for their holding in the... →
N American oil & gas, mining sectors released a third of total 2013 pollution – report
By: Henry Lazenby 25th April 2018 A new report that fine-combed the national pollutant release and transfer registers (PRTRs) of Canada, the US and Mexico to explore pollutant data reported by industrial facilities, has pointed to the critical need to standardise the way information is collected across the three jurisdictions,... →
Iluka faces class action suit over 2012 disclosures
By: Esmarie Iannucci 24th April 2018 Mineral sands miner Iluka on Tuesday said that it would defend itself against a class action launched by shareholders. The company said that a number of shareholders have launched a class action in the Federal Court of Australia, claiming breaches of continuous disclosure obligations, as well... →
Fivefold resource increase at Bluejay’s Dundas project
By: Creamer Media Reporter 23rd April 2018 The mineral resource estimate of the Dundas project in Greenland has increased by 400% to 96-million tonnes at 6.9% ilmenite. Bluejay reported on Monday that the indicated resource at Moriusaq was estimated to be 81-million tonnes at 6.1% ilmenite. →
Iluka increases output and revenue
By: Esmarie Iannucci 19th April 2018 Mineral sands miner Iluka has reported increased in both production and revenue for the three months to March. The company on Thursday reported that total zircon, rutile and synthetic rutile production increased by 8% during the quarter, compared with the December quarter, to 182 000 t. →
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