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Project Management News

Ucore Rare Metals secures rights to novel REE separation technology

By: Henry Lazenby     3rd March 2015 Alaska-focused rare earths project developer Ucore Rare Metals on Tuesday showed off the first high-purity dysprosium concentrate ever produced in the US, with US-sourced feedstock. The company also announced that it had secured the rights to a new minerals separation technology that had... 

Five years on, Quebec’s Plan Nord 2.0 aims for coherence in low-price environment

By: Henry Lazenby     3rd March 2015 When the Quebec government’s Plan Nord to develop the parts of the province located north of the 49th parallel was launched under Jean Charest’s Quebec Liberal Party in May 2011, it was heralded as a timely and necessary act in the mining industry’s favourable economic context at the time. But a... 

Former Quebec Premier Jean Charest unveiled the Plan Nord on May 9, 2011.
Photo by Reuters
Former Quebec Premier Jean Charest unveiled the Plan Nord on May 9, 2011.

Eagle-eyed investors urged to seek out rich pickings among juniors

By: Simon Rees     3rd March 2015 The worst of the mining industry’s declines are over, although it now faces a trough of uncertain length, the head of Kaiser Research Online John Kaiser told an audience at the Prospectors & Developers Association of Canada 2015 convention. “But now it’s time to get serious – to get out there and... 

Ontario invites input on new direction for mineral development strategy 

By: Henry Lazenby     3rd March 2015 Ontario is inviting stakeholders to provide input to renew the province’s mineral development strategy to attract further investment. Speaking at the Prospectors & Developers Association of Canada’s yearly convention in Toronto, provincial Minister of Northern Development and Mines (MNDM) Michael... 

New Brunswick tungsten project EIA cleared for public consultation

By: Henry Lazenby     3rd March 2015 Tungsten project developer Northcliff Resources has cleared a critical milestone, with the New Brunswick Department of Environment and Local Government (NBDELG) completing a review of the Sisson project draft environmental-impact assessment (EIA) report and clearing it to start public... 

Canadian fed and Ontario govts unveil supports for mining industry

By: Henry Lazenby     2nd March 2015 Several federal departments of the Canadian government, as well as the Ontario provincial government, unveiled new measures and investments on Sunday to increase support and drive growth in the country's besieged mining industry. In a speech to the Prospectors & Developers Association of Canada,... 

Canadian Finance Minister Joe Oliver
Photo by Reuters
Canadian Finance Minister Joe Oliver

Mining investment at the core of African economic development

By: Henry Lazenby     1st March 2015 The potential for broad-based development driven by mineral resources as well as upstream oil and gas remains largely untapped in African countries, but the quest for solutions to make mineral and petroleum resources an engine for growth and development have been a central preoccupation of... 

Mining investment at the core of African economic development

Batteries at the centre of Apple’s EV master plan

By: Henry Lazenby     28th February 2015 Consumer electronics giant Apple is being sued by lithium-ion battery producer A123 Systems for "systematically" poaching employees to establish a new battery division, expected to power the company’s foray into the electric vehicle (EV) sector. The venture, reportedly named ‘Project Titan’, has... 

Juniors struggle in sea of red tape, fees and demographic losses – Benjamin Cox

By: Simon Rees     27th February 2015 As the industry prepares for the 2015 Prospectors and Developers Association of Canada’s conference, many have written off the past year as another annus horribilis – a horrible year filled with more impairments, fire sales, debt headaches and muted prices. The junior sector has struggled most,... 

Juniors struggle in sea of red tape, fees and demographic losses – Benjamin Cox

True North Gems updates Greenland precious-gem project PFS

By: Henry Lazenby     26th February 2015 An updated prefeasibility study (PFS) on Canadian project developer True North Gems' Aappaluttoq ruby and pink sapphire project, in Southwest Greenland, has presented positive results, revealing that the project has an after-tax net present value at an 8% discount rate of $171-million. The mine,... 

Largo Resources defers debt amortisation, extends maturities

By: Henry Lazenby     24th February 2015 Vanadium producer Largo Resources has received a nonbinding indicative term sheet from its consortium of lenders to defer its debt amortisation schedule and extend the maturities for its construction debt facility and its export credit facilities for its Maracas Menchen mine, in Brazil. The... 

Merger to create new $3.1bn global silicon and specialty metals player

By: Henry Lazenby     24th February 2015 Spain-based silicon metal, silicon alloys and ferroalloys producer Grupo FerroAtlántica and Miami, Florida-based Globe Specialty Metals will combine in an all-stock transaction to create an international silicon and specialty metals producer with a combined enterprise value of about $3.1-billion.... 

Merger to create new $3.1bn global silicon and specialty metals player

EY’s Canadian Mining Eye index falls 12% in Q4, lower oil prices provide some respite

By: Henry Lazenby     24th February 2015 Global professional services firm EY’s Canadian Mining Eye index fell 12% in the quarter ended December 31, compared with a 15% decline in the prior period. The index underperformed against the S&P/TSX Composite index, which fell 2% in the last quarter of 2014, while the London Metal Exchange... 

EY’s Canadian Mining Eye index falls 12% in Q4, lower oil prices provide some respite

New partnership generates cutting-edge technology

By: Dylan Stewart     20th February 2015 The June 2014 acquisition of US-headquartered mining software developer MineSight by design, measurement and visualisation technology provider Hexagon AB to form its new division Hexagon Mining (HxM) has created many possibilities, highlighted by MineSight’s new data repository and analytics... 

HXM BLAST Viewing the volume of influence solids and polygons will be among the features of MineSight's new blast technology
HXM BLAST Viewing the volume of influence solids and polygons will be among the features of MineSight's new blast technology

Prospectors & Developers Association appoints new executive director

20th February 2015 The Prospectors & Developers Association of Canada (PDAC) last month announced the appointment of Andrew Cheatle as its new executive director, effective February 2. 

Mining companies continue to strive for excellence

By: Dylan Stewart     20th February 2015 North American mining companies are increasingly pursuing superior performance as they respond to low commodity prices, with innovation gaining in importance and energy costs being managed as a diversified portfolio that can be optimised. These form 3 of 10 key mining trends provided to Mining... 

ANDREW SWART The mining industry could be facing a cliff if new mines and developments are not invested in
ANDREW SWART The mining industry could be facing a cliff if new mines and developments are not invested in

Improve mining through the exploitation of better data

By: Anine Kilian     19th February 2015 In a data-dominated world, the mining industry remained a labour-intensive enterprise that relied on long-term planning which, when inaccurate, could massively impact bottom lines, consulting company IBM mining executive Magda Honey said on Thursday. Better insight into data technology resulted... 

Tungsten deal abandoned after Almonty and Woulfe fail to agree

By: Henry Lazenby     19th February 2015 The proposed merger between Almonty Industries and Woulfe Mining will not take place after the companies could not reach an agreement. Certain analysts touted the deal as the start of a much-needed tungsten market consolidation, but Almonty president and CEO Lewis Black nevertheless vowed to... 

CP strike called off in favour of voluntary arbitration after threat by fed

By: Henry Lazenby     17th February 2015 Rail-transport-dependent industries served by Canadian Pacific (CP) Railway Company  on Monday sighed relief after labour union Teamsters Canada Rail Conference (TCRC) called off strike action that started Sunday in favour of voluntary arbitration. Four collective agreements covering about 3 800... 

Lower prices spur rare earths consumption, supply remains constrained – USGS

By: Henry Lazenby     14th February 2015 Lower rare earths prices and the increased availability of rare-earth compounds led to increased US consumption in 2014, the US Geological Survey (USGS) has found. However, in its latest mineral commodity summary for the abundant group of 17 elements composed of scandium, yttrium and the... 

Lower prices spur rare earths consumption, supply remains constrained – USGS

Electronic signatures for original documents to improve insurance for mines

By: Schalk Burger     13th February 2015 The use of electronic signatures can be used to generate original documents in electronic form, which will improve insurance and reduce risks for mines, says digital signature company ARX Africa regional business manager Avi Rose. Mines, mine employees and mining services are distributed widely... 

AVI ROSE
An electronic signature system can immediately be deployed to improve document management for mines
AVI ROSE An electronic signature system can immediately be deployed to improve document management for mines

Multinational consultancy signs project management contract

13th February 2015 British multinational consultancy, engineering and project management company Amec Foster Wheeler in January entered into a three-year project management contract with Chinese coal mining company Shenhua Ningxia Coal Group. In terms of the contract, Amec Foster Wheeler will be part of an... 

EXPERIENCED
Amec Foster Wheeler has more than 80 years’ experience of working in China, dating back to the 1930s
Photo by Bloomberg
EXPERIENCED Amec Foster Wheeler has more than 80 years’ experience of working in China, dating back to the 1930s

Aligning mining projects with financing requirements a challenge

By: Bruce Montiea     13th February 2015 Aligning mining projects in Africa with international project financing requirements, while ensuring that there is a direct link to the work conducted on the ground and that clients’ expectations are being met, can be challenging, says global consulting organisation Golder Associates head of... 

INCREASED IMPORTANCE
The issue of sustainability in the mining industry has become more prominent over the past ten years
Photo by Bloomberg
INCREASED IMPORTANCE The issue of sustainability in the mining industry has become more prominent over the past ten years

Control over key performance criteria can reduce project costs

By: Bruce Montiea     13th February 2015 Mining companies can reduce a project’s final installed cost by 5% to 10% by effectively tracking key performance criteria, says consulting services company SNC-Lavalin project manager John Dixon. He explains that this can be done using a smart and accurate work- breakdown structure, budget and... 

PROFITABLE
The fundamentals for mining projects in Africa remain lucrative and the industry continues to offer opportunities
PROFITABLE The fundamentals for mining projects in Africa remain lucrative and the industry continues to offer opportunities

MTS upgrades benefit mines

By: Bruce Montiea     13th February 2015 A mine technical system (MTS) running on a platform that is nearing its end-of-life creates risks in terms of planning and reporting on operational activities of a mine. It could render the mining company involved unable to keep up with advancements in technology, says EON Consulting principal... 

KEEPING UP
A mine technical system is a crucial part of a modern mine, enabling it to keep up with advancements in technology
KEEPING UP A mine technical system is a crucial part of a modern mine, enabling it to keep up with advancements in technology

Companies to benefit from fishbone method

By: Bruce Montiea     13th February 2015 Mining companies stand to benefit from professional and specialist project management service provider VBKOM Projects’ “unique application” of the fishbone diagram, also known as the Ishikawa diagram, in providing project management services, says company senior mining decision support consultant... 

FISHBONE DIAGRAM
VBKom projects has established that the reverse fishbone diagram can be effectively applied to structure any project brainstorming session
FISHBONE DIAGRAM VBKom projects has established that the reverse fishbone diagram can be effectively applied to structure any project brainstorming session

Company foresees growth in African shaft sinking opportunities

13th February 2015 Africa has the potential to create more shaft sinking operations opportunities in the near future, says engineering contracting company Murray & Roberts Cementation. The company’s business development executive Allan Widlake says, as a result of the emerging opportunities, Murray & Roberts... 

INCREASED OPPORTUNITY
Murray & Roberts Cementation expects a growth in shaft sinking operations in Africa
INCREASED OPPORTUNITY Murray & Roberts Cementation expects a growth in shaft sinking operations in Africa

Consultancy acquires specialist mining software

13th February 2015 Mining consultancy and software provider RungePincockMinarco (RPM) in January announced its acquisition of end-to-end spatial solution provider PrimeThought Software Solutions’ intellectual property rights for its specialist software products used in the management and reporting of geospatial... 

On-time commissioning of mining complex demonstrates company’s abilities

By: Bruce Montiea     13th February 2015 The completion of the commissioning of Russia’s Vladimir Grib diamond deposit’s mining and concentration complex as per schedule, showcases engineering, procurement, and construction management services provider Tenova Bateman’s ability to execute projects on time and within budget, the company... 

VLADIMIR GRIB COMPLEX
The project implemented modular design aspects, with the plant designed for operation in the subarctic environment of Russia's far north
VLADIMIR GRIB COMPLEX The project implemented modular design aspects, with the plant designed for operation in the subarctic environment of Russia's far north

Companies sign MoU for graphite project development

13th February 2015 Engineering and construction services company China Railway 24th Bureau Group in January signed a memorandum of understanding (MoU) in terms of which it will offer engineering, procurement and construction (EPC) services to graphite producer Magnis Resources’ Nachu project, in south-east... 

SUPERIOR PRODUCT
The graphite that Nachu can produce has the potential to be among the best in the world
Photo by Bloomberg
SUPERIOR PRODUCT The graphite that Nachu can produce has the potential to be among the best in the world

TransCanada disagrees with EPA argument regarding Keystone XL pipeline 

By: Henry Lazenby     12th February 2015 The proponent of the $8-billion Keystone XL pipeline TransCanada Corp has disagreed with the US Environmental Protection Agency’s (EPA’s) recent comment that the State Department's final supplemental environmental impact statement (FSEIS) for the project should be revisited in light of the lower... 

TransCanada disagrees with EPA argument regarding Keystone XL pipeline

Renewable energy for mines still relevant despite decline in oil price

By: Simon Rees     11th February 2015 The complexities and challenges of running a mine are immense, but the end result is simple; either it makes or loses money. In the current downturn, the difference between success and failure can be a fine line. Central to the issue of margins is the cost of power supply, consumption rates and... 

Barrick Gold's Punta Colorada wind farm, Chile.
Photo by Barrick Gold
Barrick Gold's Punta Colorada wind farm, Chile.

Renewable energy's future in mining shines bright

By: Simon Rees     11th February 2015 Renewable power is reliable, proven and continues to offer the mining industry an attractive means to obtain lower-cost energy at remote operations, Hatch director of renewable power Michel Carreau told an audience at a seminar hosted by the Canadian German Chamber of Industry and Commerce’s... 

Renewable energy's future in mining shines bright

DRC mining industry worried by country’s stop to mining code talks

By: Henry Lazenby     10th February 2015 The mining industry operating within the Democratic Republic of Congo (DRC) is concerned about the Mines Ministry’s decision last week to shun further talks regarding the country’s proposed new mining code, and to refer it instead to Parliament in its draft form. The DRC Chamber of Mines said on... 

New executive MBA at UBC to build future mining leadership

By: Henry Lazenby     9th February 2015 To provide professionals with the integrated business and operational training and broader social and environmental perspectives necessary to lead the mining industry, the University of British Columbia’s (UBC’s) Sauder School of Business will launch an executive Master of Business Administration... 

Tungsten merger to get ‘ball rolling’ on industry consolidation

By: Henry Lazenby     9th February 2015 A proposed merger between Almonty Industries and Woulfe Mining announced late last month was not only expected to create a new tungsten-producing major but was also seen as the catalyst of the industry's long-awaited consolidation. Principal and mining strategist at New York-based economic... 

Graphite One extends option to buy out NSR on certain Alaska claims

By: Henry Lazenby     6th February 2015 Alaska-focused explorer Graphite One Resources has extended the deadline to buy out the 2% net smelter return (NSR) royalty related to certain of its mining claims in the sate by up to 24 months. Under an agreement dated January 24, 2012, the company’s subsidiary Cedar Mountain Exploration bought... 

Energizer Resources reports 'realistic' economics for Madagascar project

By: Henry Lazenby     6th February 2015 The positive results of a feasibility study (FS) on project developer Energizer Resources’ Molo graphite project, in Madagascar, have confirmed that the project will be economically viable using a mine design that was both conservative and realistic. TSX-listed Energizer said on Thursday that the... 

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