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Project Management News

Global rough diamond output expected to hit 135m carats in 2015

By: Henry Lazenby     6th February 2015 Global diamond output is expected to hit 135.5-million carats this year, analysis of the world's 54 largest diamond mines has shown. Independent industry analyst and consultant Paul Zimnisky, who undertook the research, said three new diamond mines expected to start production this year, with... 

FMC Corp nearly triples Q4 profit

By: Henry Lazenby     6th February 2015 Diversified firm FMC Corporation's fourth-quarter consolidated profit has nearly tripled year-on-year to $76.5-million, or $0.57 a share, up from $27.1 million, or $0.20 a share, a year earlier, the company reported on Thursday. NYSE-listed FMC said healthy earnings across its health and... 

With launch of Africa’s first nano computer tomography scanner, SA university opens the way for 3D analysis of ores

By: Zandile Mavuso     6th February 2015 Stellenbosch University’s (SU’s) Central Analytical Facilities department launched the first and only Nano computer tomography (CT) Scanner in Africa in September last year, with the technology having the potential to benefit the mining industry in a cost-effective and time-efficient way. 

With launch of Africa’s first nano computer tomography scanner,  SA university opens the way for 3D analysis of ores

Challenging year in store for Canadian miners – MAC

By: Henry Lazenby     5th February 2015 The year ahead will be challenging for the Canadian mining industry, despite a positive long-term outlook for Canadian metals and minerals, a new report by the Mining Association of Canada (MAC) has found. The organisation’s ‘Facts & Figures 2014’ report released Wednesday revealed that the... 

Challenging year in store for Canadian miners – MAC

Nautilus Minerals falls victim to cyber scam, prepays $10m into wrong account

By: Henry Lazenby     2nd February 2015 Canada’s Nautilus Minerals and Dubai-based marine solutions company Marine Assets Corporation (MAC) report having been the victims of a cyber attack, which resulted in Nautilus paying a $10-million deposit intended for MAC into an unknown account. The deposit was part of an $18-million... 

Mining companies must do more to engage Latin American communities – Molodecky

By: Simon Rees     2nd February 2015 Away from last year’s eye-catching headlines of Venezuelan riots, a World Cup in Brazil, and Argentina’s technical default, most Latin American countries continued to achieve middling-to-fair levels of growth, with Chile and Peru leading the pack. Much of the development and expansion continues... 

Flawed design fingered in Mt Polley tailings dam failure

By: Henry Lazenby     31st January 2015 British Columbia will immediately act on seven critical recommendations of an independent panel that investigated the tailings storage facility (TSF) failure at Canadian base metals miner Imperial Metals’ Mount Polley copper/gold mine in August last year and launch a code review to consider the... 

Flawed design fingered in Mt Polley tailings dam failure

Second of three marine mining machines completed for Nautilus Minerals

By: Henry Lazenby     30th January 2015 The second of three seafloor production tools (SPTs) needed by marine mining project developer Nautilus Minerals to mine high-grade polymetallic seafloor massive sulphide deposits at 1 600 m below the surface of the Bismarck Sea, offshore Papua New Guinea (PNG), has been completed. The TSX-listed... 

Goldcorp and Wabauskang First Nation strikes collaboration accord

By: Henry Lazenby     30th January 2015 Canadian miner Goldcorp and the Wabauskang First Nation this week inked a collaboration agreement that paved the way for long-term economic benefits for the north-western Ontario First Nation. The new agreement, which marked Goldcorp's sixth First Nation partnership in Canada, provided a... 

Coal of Africa shares rise on update

By: Martin Creamer     30th January 2015 The shares of triple-listed Coal of Africa Limited (CoAL) rose by more than 3% before noon on Friday following the company’s release of a quarterly update, which recorded a series of financial settlements, environmental go-aheads and project advances. CoAL also announced the issuing of... 

David Brown
Photo by Duane Daws
David Brown

War for talent in mining just heating up – EY

By: Henry Lazenby     29th January 2015 With many a miner’s focus firmly trained on cost cutting and productivity, companies must not neglect talent management, professional services firm EY said on Wednesday. The end of the mining boom did not mean victory in the “war for talent”, according to a new report by EY, which said it was... 

War for talent in mining just heating up – EY

RoF access route land squabble headed to Court of Appeal

By: Henry Lazenby     28th January 2015 Prospective Ring of Fire (RoF) miners KWG Resources and Cliffs Natural Resources have been given the green light to take their quarrel over the right of way over an isthmus, narrow strip of land, connecting the remote Northern Ontario mining camp with the outside world to the Court of Appeal for... 

Mining boosts world’s poorest regions – ICMM

By: Martin Creamer     27th January 2015 The global mining industry makes its biggest contribution in the world’s poorest regions, an International Council on Mining & Metals (ICMM) study has found. The study, which became available in published form on Tuesday, finds that mining spurs the growth and development of national economies... 

Anthony Hodge
Photo by Duane Daws
Anthony Hodge

Seabridge Gold appoints independent panel to advise on KSM

By: Henry Lazenby     27th January 2015 British Columbia-focused project developer Seabridge Gold has established an independent geotechnical review board (IGRB) to review and consider its KSM project's tailings management facility (TMF) and water-storage dam (WSD), focusing on their structural stability and integrity. The IGRB would... 

Software solutions provider to launch new products

By: Bruce Montiea     23rd January 2015 Mining software solutions and services provider MICROMINE Africa will launch the latest versions of its mining operations and geological data solutions, Pitram 2015 and Geobank Mobile 2, at this year’s Investing in African Mining Indaba, which will take place at the Cape Town International... 

ON SCREEN MICROMINE Africa’s stand at the Investing in African Mining Indaba will be manned by knowledgeable consultants who are able to demonstrate the company’s suite of solutions
ON SCREEN MICROMINE Africa’s stand at the Investing in African Mining Indaba will be manned by knowledgeable consultants who are able to demonstrate the company’s suite of solutions

Mine project successes lead to significant client base, follow-on work

By: Mia Breytenbach     23rd January 2015 Having noted the significant achievements and successes of its involvement in several mining megaprojects in 2014, project management firm SSG Consulting says all these projects have resulted in follow-on work and the gaining of significant clients in mining-related industries. 

VALUE ADDITION
KEY360 releases new functionality every month on an ongoing basis with multiple units or systems to be added this year
VALUE ADDITION KEY360 releases new functionality every month on an ongoing basis with multiple units or systems to be added this year

Mining companies urged to take a stand – Divinsky Group

By: Simon Rees     22nd January 2015 Mining has an image problem; it is seen by many in the public as untrustworthy, uncaring and, on occasion, unscrupulous. This is confirmed by polling data, such as the 2014 Edelman trust barometer, where mining came third from the bottom in trustworthiness. Only the chemicals and oil sectors... 

Despite vanadium price falling to 5yr low, Largo proceeds with ramp-up

By: Henry Lazenby     17th January 2015 Despite the price of vanadium having fallen below the historic floor of $5/lb, market entrant Largo Resources on Friday reported that it was making progress at ramping-up its Maracas Menchen mine, in Brazil, saying it believed that current pricing was unsustainable in the long run. Vanadium... 

Despite vanadium price falling to 5yr low, Largo proceeds with ramp-up

Mining sector will find reward by addressing risk

By: Simon Rees     16th January 2015 Consider the resource supercycle; it was a once-in-a-generation event driven by China becoming the world’s workshop. The country’s demand for commodities seemed insatiable and pushed many metal and mineral prices to historic highs. The mantra for most mining seniors became “big is beautiful” and... 

Underground mining platform most active shaft sinker outside China

16th January 2015 With 22 active shaft projects under way globally, construction and engineering group Murray & Roberts’ underground mining platform is ranked the most active shaft sinking group in the world, outside of China, says Murray & Roberts Cementation business development executive Allan Widlake. The... 

To survive miners need to deftly balance short-term hopes with long-term business needs

By: Henry Lazenby     15th January 2015 To remain viable into the future, mining companies need have to become more adept at balancing short-term investor expectations with long-term business imperatives, while dealing with challenging market conditions, including price volatility, geopolitical turmoil, rising costs, declining grades... 

Canadian oil firms rein in spending as oil price craters

By: Henry Lazenby     14th January 2015 Companies focused on Canada’s oil patch in Alberta are facing tough times ahead should the cratering oil price remain below forecasts for a prolonged time. The latest firm to prune back investment spending in its 2015 budget was Canada’s largest oil and gas company Suncor Energy, which lopped... 

Canadian oil firms rein in spending as oil price craters

Despite lifting rare earths export quotas, China could still manipulate market

By: Henry Lazenby     9th January 2015 In the wake of recently lifting rare earths export quotas, China, the world’s largest producer of the specialty metals, is still expected to manipulate the global market through other means, favouring instead preferential treatment of domestic producers as it strives to create an economy based on... 

Despite lifting rare earths export quotas, China could still manipulate market

Focus Graphite reports potential arrangement for 12% of Lac Knife financing

By: Henry Lazenby     8th January 2015 Emerging Canadian graphite producer Focus Graphite this week announced that Caterpillar Financial Services Corporation had expressed formal interest to further evaluate the company's Lac Knife project to provide Focus with a financing solution that could account for 12% of the Lac Knife project's... 

Canadian mining employers expect increased business activity – survey

By: Henry Lazenby     7th January 2015 More than half of Canadian mining and resource employers expect to grow their business in 2015 but only one-third intend to boost their permanent headcount, a recent survey has found. The fifth yearly ‘Hays Canada Salary Guide’ revealed that despite the mining industry having had to adjust hiring... 

Canadian mining employers expect increased business activity – survey

Has China reached peak graphite? – Benchmark Mineral Intelligence 

By: Creamer Media Reporter      13th December 2014 According to a report released this week by London-based Benchmark Mineral Intelligence, China’s share of global natural graphite output will fall by 15% this year to levels not seen since the mid-1990s, when the country began exporting to international markets. This year alone the country’s... 

Refurbished winders attractive alternative

By: Mariaan Webb     12th December 2014 Refurbishing existing mine winders remains a popular practice in the mining industry, with DRA’s specialist consultant winder systems team reporting that the majority of its clients choose refurbished equipment where possible, owing to significant cost and time savings. 

DRA director responsible for the winder systems business, Graham du Plessis
Photo by Duane Daws
DRA director responsible for the winder systems business, Graham du Plessis

Education at the heart of DRA’s corporate social investment

By: Mariaan Webb     12th December 2014 Recognising the need for a constant supply of well-qualified, locally educated graduate engineers and scientists to recruit from, DRA has placed education at the heart of its corporate social investment (CSI) programme, with 26 local nongovernmental organisations (NGOs) benefiting from its... 

New Oman office already bringing in leads

By: Mariaan Webb     12th December 2014 Having already established a strong foothold in sub-Saharan Africa, Johannesburg-headquartered  

DRA COO Michiel van Niekerk
Photo by Duane Daws
DRA COO Michiel van Niekerk

Maintenance specialist upbeat about 2014 contract renewals

By: Mariaan Webb     12th December 2014 Outsourced plant operations and maintenance specialist Minopex, a member of the DRA Group, has been awarded three contract renewals in 2014, which MD Gerhard Hendriksz says is indicative of the value-add service that the company offers. 

Mining division expanding again

By: Mariaan Webb     12th December 2014 DRA Mining – a division offering specialised mining services and total mining service solutions – is bouncing back after the South African mining industry took a knock in the post-Marikana environment. 

DRA director responsible for the mining division, Neale Goddard
Photo by Duane Daws
DRA director responsible for the mining division, Neale Goddard

Mining downturn threatens to erode local talent pool

By: Mariaan Webb     12th December 2014 Slow growth in the South African mining industry is threatening to erode the availability of critical skills in the local industry, as experienced engineers turn to other emerging and faster-growing industries for work opportunities. 

DRA CEO Paul Thomson
Photo by Duane Daws
DRA CEO Paul Thomson

Thompson Creek to suspend Endako mine operations

By: Henry Lazenby     11th December 2014 Denver, Colorado-based Thompson Creek Metals would suspend operations at its Endako molybdenum mine, in British Columbia, at the end of the month, as a result of the continued weakness in the molybdenum market. The NYSE- and TSX-listed miner said that about half of its salaried employees at the... 

Alliance formed to develop mine-to-market manganese-based batteries

By: Henry Lazenby     5th December 2014 Saskatoon, Saskatchewan-based Star Minerals Group has joined forces with Cooperative Mineral Resources (CMR) of Brainerd, in Minnesota, and Octopus Technologies (OTI) of Vancouver, in British Columbia, to develop a mine-to-market manganese-based battery technology. Star is a junior mining... 

Despite delays, Largo Resources’ vanadium output gathers pace

By: Henry Lazenby     4th December 2014 Vanadium producer Largo Resources this week said despite minor challenges, output at its Maracas Menchen mine, in Brazil, was gathering pace, with the project operating at between 45% and 65% of capacity. Largo started vanadium production in August and output rates rose steadily up to November,... 

Western Lithium USA ready to ramp up production

By: Henry Lazenby     4th December 2014 Canadian firm Western Lithium USA has completed all safety inspections at its Fernley, Nevada, Hectatone organoclay plant and received its business licence on Tuesday, paving the way for it to start operations. The TSX-listed firm in October ceremoniously cut the ribbon to its Hectatone... 

Toronto-listed miners faced tough but improved conditions over 2014 

By: Simon Rees     2nd December 2014 The Toronto Stock Exchange (TSX) and Toronto Venture Exchange (TSX-V) witnessed an improved level of financings across 2014, while the avalanche of companies predicted to delist failed to materialise, TMX head, business development, global mining TSX and TSXV Carlos Espinosa told members of the... 

Toronto-listed miners faced tough but improved conditions over 2014

Indian miner plans Mozambique power station as study into network is almost complete

By: Keith Campbell     28th November 2014 Indian company International Coal Ventures Limited (ICVL) has despatched its first shipment of coal from its recently acquired Benga mine in Mozambique to India. This shipment was composed of metallurgical or coking coal and was sent to the Steel Authority of India (SAIL). This was revealed to... 

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