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Project Management News

Renewables require innovation and change of mining industry mindset

By: Simon Rees     19th January 2016 The future success of renewables in the mining sector will require companies to overhaul the way they think about energy and mine development, according to professional services firm Deloitte. “When we look at mining, innovation and competitiveness, we don’t often put those things together,” said... 

Nautilus ready to wet-test seafloor production equipment

By: Henry Lazenby     18th January 2016 Seabed mining company Nautilus Minerals has signed agreements with engineering firm United Engineering Services (UES) to provide support services associated with wet testing the company’s seafloor production tools (SPTs) and storing the equipment as it gets delivered from various suppliers before... 

To increase value, miners need to navigate the pitfalls of M&A

By: Henry Lazenby     15th January 2016 Navigating the mergers and acquisitions (M&A) market can be tricky at best, but with increased pressure to conclude deals in the tight economic environment, there are several pitfalls buyers and sellers should heed to maximise deal values. Professional services firm EY in October released the... 

Renewable energy opportunities rise as costs slide and solutions grow

By: Simon Rees     15th January 2016 TORONTO (miningweekly.com) – Despite the tie-up between the renewables market and the mining sector being dynamic and exciting, the high levels of upfront capital expenditure (capex) needed to install and operate renewable components and storage solutions remained a significant impediment to... 

Renewable energy opportunities rise as costs slide and solutions grow

Alabama Graphite banks on coated spherical graphite as company differentiator

By: Henry Lazenby     15th January 2016 Canadian project developer Alabama Graphite Corp (AGC) has high hopes to cash in on the burgeoning North American green-energy market, as it plans to provide a ‘made-in-US’ solution to the growing domestic lithium-ion battery market. Focused on the exploration and development of its flagship... 

Collaboration key to sustainable growth

By: Nadine James     15th January 2016 Explosives suppliers and manufacturers needed to start establishing common goals, share knowledge on training, and standardise testing methodology and best practices to ensure sustainable economic growth, said integrated energy and chemicals company Sasol senior manager of technical services Ron... 

BLASTING INDUSTRY TRIALS Problems in the mining sector have forced stakeholders in explosives to re-evaluate education and research standards within the explosives industry
BLASTING INDUSTRY TRIALS Problems in the mining sector have forced stakeholders in explosives to re-evaluate education and research standards within the explosives industry

American Vanadium to buy vanadium-flow battery business from German developer

By: Henry Lazenby     12th January 2016 TSX-V-listed American Vanadium has entered into a letter of intent (LOI) with German firm DMG Mori to acquire its wholly owned subsidiary Gildemeister Energy Storage (GES), manufacturer of the CellCube vanadium-flow energy storage system. The LOI provided American Vanadium with the exclusive... 

Diesel price plunge slowed but not stymied renewables uptake

By: Simon Rees     9th January 2016 The mining sector’s uptake of renewable energy could be slowed by cheaper diesel in the wake of crude oil’s price plunge, head of energy consulting firm THEnergy Thomas Hillig told an audience at a recent Canadian German Chamber of Industry and Commerce conference on renewables in mining, in... 

Diesel price plunge slowed but not stymied renewables uptake

KWG looks towards the East to finance its proposed Ring of Fire railway

By: Henry Lazenby     9th January 2016 KWG Resources is looking to the Far East to secure funding for its proposed 340 km rail corridor, which the project developer believes holds the key to unlocking the vast mineral wealth of the James Bay Lowlands of Northern Ontario. “The reason KWG is looking to China to fund its proposed railway... 

KWG Resources undertaking drilling at the Big Daddy deposit, in the Ring of Fire.
Photo by KWG Resources
KWG Resources undertaking drilling at the Big Daddy deposit, in the Ring of Fire.

Fortune produces premium battery-grade cobalt sulphate sample from Nico

By: Henry Lazenby     8th January 2016 Project developer Fortune Minerals on Friday reported that it has produced a premium high-purity cobalt sulphate heptahydrate sample from cobalt sulphate product previously produced for the company in a pilot plant, from concentrates originating from the Nico gold/cobalt/bismuth/copper deposit,... 

Kaminak reports robust metrics for Yukon gold project

By: Henry Lazenby     7th January 2016 The TSX-V-listed stock of project developer Kaminak Gold was trading higher on Thursday after the company released the results of a feasibility study on its 100%-owned Coffee gold project in Canada’s Yukon territory, demonstrating robust economics in a $1 150/oz gold-price environment. Prepared... 

Kaminak reports robust metrics for Yukon gold project

Crisis excellent opportunity to rescue mining – Motlanthe 

By: Martin Creamer     7th January 2016 The current crisis in South Africa’s mining industry should be grasped as an excellent opportunity to introduce material change through an effective joint organising body that gets things done within specified timelines. “We’re in a rut and need to pull ourselves out of it together,” says former... 

Kgalema Motlanthe interviewed by Mining Weekly Online.
Mining Weekly Online’s Martin Creamer talks to former President of South Africa and labour union leader Kgalema Motlanthe on how the declining mining industry can be rebuilt. Photographs: Duane Daws. Video and Video Editing: Nicholas Boyd.

Diamcor successfully completes second rough tender in Q3

By: Henry Lazenby     18th December 2015 Vancouver-based diamond producer Diamcor Mining has successfully concluded a second rough diamond tender during its fiscal third quarter ending December 31. The TSX-V-listed firm had not yet declared commercial production at its Krone-Endora at Venetia mine, located directly next to De Beers’... 

Largo lenders to provide new debt facility

By: Henry Lazenby     18th December 2015 Vanadium producer Largo Resources has signed an indicative term sheet with its consortium of existing commercial banks in Brazil for a new debt facility, that would allow a restructuring of its export credit facilities for its Maracas Menchen mine, in Brazil. Under the terms of the new facility... 

Precious metals rise as US Federal Reserve hikes interest rates

By: Henry Lazenby     16th December 2015 Precious metals such as gold, platinum and silver gained on Wednesday after the US Federal Reserve’s Federal Open Market Committee unanimously decided to raise the target range for the federal funds rate to 0.25% to 0.5% - the first such increase in ten years. Gold gained about a per cent or... 

Janet Yellen, chair of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, DC, on Wednesday.
Photo by Bloomberg
Janet Yellen, chair of the US Federal Reserve, speaks during a news conference following a Federal Open Market Committee meeting in Washington, DC, on Wednesday.

Another tough year for mining as new approaches offer vision of hope

By: Simon Rees     15th December 2015 The downcycle for mining remained in place across 2015 as economic headwinds experienced in many developing-world countries continued to weigh on commodities uptake, Watts, Griffis and McOuat president Joe Hinzer told members at a recent meeting of the Canadian Institute of Mining’s Management... 

Another tough year for mining as new approaches offer vision of hope

NGOs call for investigation into alleged corruption at Kinross Gold’s West African mines

By: Henry Lazenby     11th December 2015 Two nongovernmental organisations (NGOs) have filed a report with the Royal Canadian Mounted Police (RCMP) calling for an investigation into mining company Kinross Gold Corporation for alleged breaches of Canada’s anticorruption laws at the company’s Tasiast mine, in Mauritania, and its Chirano... 

Kinross Gold's Tasiast mine, Mauritania.
Photo by Kinross Gold
Kinross Gold's Tasiast mine, Mauritania.

Sustainability of major player highlighted at first Diamond Indaba

By: Donna Slater     11th December 2015 Diamond miner De Beers is undertaking various projects and initiatives together with stakeholders to promote the prospects of the longer term sustainability of the industry. One of the most significant is by stimulating the market for diamonds at a time when it “finds itself in difficult times”,... 

BROAD EFFECT
The weaker global demand for many commodities also has its impact across the diamond pipeline, from producers to beneficiators and retailers
BROAD EFFECT The weaker global demand for many commodities also has its impact across the diamond pipeline, from producers to beneficiators and retailers

CTL, UCG, mining defunct operations could become prized projects in SA

By: Mia Breytenbach     11th December 2015 Coal-to-liquid (CTL) and underground coal gasification (UCG) projects are set to become more important in the South African coal mining landscape and gain more prominence in the industry, forecasts professional services firm Venmyn Deloitte. Investors and mining companies need to think laterally... 

POSITIONED TO SHIFT
Lateral thinking and the shift to new, alternative technologies are required to ensure the survival of South Africa’s coal market and its top projects in the current climate
Photo by Bloomberg
POSITIONED TO SHIFT Lateral thinking and the shift to new, alternative technologies are required to ensure the survival of South Africa’s coal market and its top projects in the current climate

Pele rebrands subsidiary amid growing international interest in Eco Ridge development

By: Henry Lazenby     10th December 2015 Rare earths project developer Pele Mountain Resources has rebranded its subsidiary, which holds the flagship Eco Ridge property, in Elliot Lake, Ontario, in the wake of growing international interest in project development at Eco Ridge, the company says. The TSX-V-listed Pele rebranded subsidiary... 

Software to assist precision, accuracy of lab samples

27th November 2015 Mine design, planning, and operations technologies provider Hexagon Mining has launched MineSight QAQC, a flexible, easy-to-use product to validate and determine the precision and accuracy of field samples, thereby enhancing geology methods.  

SOFTWARE SCREENSHOT
The MineSight QAQC software contains components for statistical analysis of laboratory assay data, user-controlled set-up of laboratory and shipment information and for migrating samples after they have been validated
SOFTWARE SCREENSHOT The MineSight QAQC software contains components for statistical analysis of laboratory assay data, user-controlled set-up of laboratory and shipment information and for migrating samples after they have been validated

Samarco tailings breach underscores need for industrywide best practise

By: Simon Rees     23rd November 2015 On November 5, there was a large, destructive breach of tailings dams at an iron-ore mine run by Samarco Mineração, in the Brazilian state of Minas Gerais. It was reported that about ten people had lost their lives, while hundreds more had to be evacuated. Much of Bento Rodrigues village was... 

Software developer halts implementation of mine design product in SA as industry’s woes deepen

By: Samantha Herbst     20th November 2015 The implementation in South African mines of infrastructure software manufacturer Bentley Systems’ MineCycle Designer has been put on the back burner for now, owing to challenges currently facing the local mining sector, confirmed Bentley mining solutions executive Dave Body in an exclusive... 

MINECYCLE MATERIAL HANDLING
There has been an interesting uptake of Bentley’s material handling software in the engineering, procurement and construction management world
MINECYCLE MATERIAL HANDLING There has been an interesting uptake of Bentley’s material handling software in the engineering, procurement and construction management world

Female discrimination stymies mining industry’s need for new blood

By: Simon Rees     19th November 2015 With its baby boomer cohorts retiring in greater numbers, Canada’s mining industry has faced a slow-motion demographic time bomb over recent years. Replacements with less experience are moving up the corporate chain, while entry-level graduates are increasingly reluctant to work on mine sites... 

Tumbling gold price could force Endeavour to rethink Houndé build

By: Henry Lazenby     19th November 2015 Against the backdrop of gold tumbling to a near six-year low of $1 064/oz this week, West Africa-focused gold producer Endeavour Gold might be forced back to the drawing board to rethink how it will turn a profit from the new-build Houndé project, in Burkina Faso, should the lower-price... 

Project-generator finds significant PGM intersections at Sunday Lake

By: Henry Lazenby     18th November 2015 The award-winning exploration team of project generator Transition Metals has reported one of the most significant platinum-group metals (PGM) intersections to come out of North America in a long time at the Sunday Lake project, 25 km north of Thunder Bay, Ontario. Joint-venture (JV) partners... 

Toronto adds another mining show to events calendar

By: Henry Lazenby     16th November 2015 The Ontario government on Monday said it would host the first-ever North American leg of the yearly Mines and Money conference series in September 2016, with a second leg slated for September 2017. For 13 years, Mines and Money had been hosting shows in other global mining hubs such as London, in... 

Ministerial mandate letters point to greener Canadian economic priorities

By: Henry Lazenby     14th November 2015 Canadian Prime Minister (PM) Justin Trudeau on Friday took the unprecedented step of publicly releasing all ministerial mandate letters, as part of his plan for open and transparent government for Canadians, giving citizens a first glimpse of the new Liberal administration's policy priorities.... 

Ministerial mandate letters point to greener Canadian economic priorities

US Space Act unanimously passes Senate vote

By: Henry Lazenby     11th November 2015 Space-mining pioneers have welcomed the historic unanimous passing of the Space Act of 2015, as amended, in the US Senate on Tuesday, recognising the right of US citizens to own asteroid resources they obtain as property and encouraging commercial exploration and recovery of resources from... 

US Space Act unanimously passes Senate vote

Another listless year for mining belies future opportunities

By: Simon Rees     10th November 2015 China’s economic shift and the ongoing debate about a US interest rate rise continue to influence and shape the short-term future of mining and metals, Behre Dolbear senior MD Alastair McIntyre told an audience at a recent meeting of the Canadian Institute of Mining’s management and economic... 

Another listless year for mining belies future opportunities

Software developer halts implementation of mine design product on local mines

By: Samantha Herbst     9th November 2015 The implementation in South African mines of infrastructure software manufacturer Bentley Systems’ MineCycle Designer has been put on the back burner for now, owing to challenges currently facing the local mining sector, confirmed Bentley mining solutions executive Dave Body in an exclusive... 

Software developer halts implementation of mine design product on local mines

African mining industry increasingly considering renewable energy

By: Mia Breytenbach     6th November 2015 As the issue of access to power becomes increasingly elevated in importance for the African mining industry, being highlighted as a key business risk or challenge, South African renewable-energy unit of giant US electricity utility NRG, NRG Renew Africa, notes that it has seen a significant... 

BOOSTER SOURCE
By potentially reducing diesel use and substituting it with alternative energy sources, such as solar, a substantial portion of the operational risk of a mine can be reduced
Photo by Bloomberg
BOOSTER SOURCE By potentially reducing diesel use and substituting it with alternative energy sources, such as solar, a substantial portion of the operational risk of a mine can be reduced

PM Trudeau appoints new Cabinet, Carr named Natural Resources Minister

By: Henry Lazenby     5th November 2015 Shortly after being sworn in as Canada’s twenty-third Prime Minister on Wednesday morning, Justin Trudeau announced a new gender-equal Cabinet, including Manitoba MP James Carr as Minister of Natural Resources. In his new capacity, Carr assumed responsibility for the natural resources portfolio,... 

Canada's new Liberal Cabinet, led by PM Justin Truedeau.
Photo by Reuters
Canada's new Liberal Cabinet, led by PM Justin Truedeau.

Molycorp files two-tracked plan to emerge from bankruptcy

By: Henry Lazenby     4th November 2015 North America’s only commercial rare earths producer on Tuesday filed a joint plan of reorganisation with US securities regulators that could see it emerge from Chapter 11 bankruptcy protection as either a restructured entity, or by selling its assets. “If approved, the plan would help to... 

Molycorp files two-tracked plan to emerge from bankruptcy

FMC sees lithium demand, prices growing despite lower Q3 revenue

By: Henry Lazenby     3rd November 2015 US chemical manufacturer FMC Corp has reported a 15% year-on-year decline in the third-quarter revenue of its lithium business segment, as “encouraging” demand and pricing trends across the portfolio were negatively impacted by inflation in Argentina. Subsidiary FMC Lithium reported revenue of... 

Excellon optimises Platosa mine optimisation plan

By: Henry Lazenby     3rd November 2015 Mexico’s highest-grade silver producer Excellon Resources has shaved about 40% off the $9.9-million cost of an optimisation plan that is aimed at solving problems with water ingress in tunnels located below the water table at the company's Platosa mine. During recent months, Quebec-based... 

PotashCorp pares output, profit predictions as potash prices plunge

By: Henry Lazenby     29th October 2015 The world’s largest supplier of the crop nutrients by volume, Potash Corporation of Saskatchewan, will shutter its operations and cut output as margins for all three of its main products have fallen, sending its NYSE-quoted stock falling as much as 4.3% in early trading. For the three months... 

 PotashCorp pares output, profit predictions as potash prices plunge

Corruption concerns have increased implications for mining and exploration M&A

By: Simon Rees     29th October 2015 Buyers are becoming increasingly wary of corruption issues when buying projects, operations or other companies, and those looking to sell will have to be more mindful of this, says PricewaterhouseCoopers Canada MD and anticorruption expert Frederic Miller.   “Nobody these days wants to buy a... 

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