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Project Management News
Mine planning essential for opencast environment
9th May 2014 A project team with mine planning as its core business is best positioned to deliver appropriate, integrated, optimum and executable mine designs, says mining consultancy Ukwazi. Ukwazi is the largest-capacity mining engineering-focused consulting services provider in Africa and has successfully... →
Holistic software the future of mining industry – project manager
By: Jonathan Rodin 9th May 2014 South Africa-based mining project management and engineering company DRA Mineral Projects has developed a software solution, Mine Operations Management System (MOMS), which the company believes will revolutionise the mining industry in the next five to ten years. “MOMS enables mining companies to... →
COMMON CHALLENGES The biggest challenge for mining companies is to meet high demand by increasing ore throughput while maintaining quality and reducing costs
Mine software from rock face to port
By: Jonathan Rodin 9th May 2014 With underperforming mining assets impacting on share prices, mining companies are aiming to improve financial returns and boost free cash flow by driving growth through better management across the mining lifecycle, says software developer Dassault Systèmes GEOVIA Africa VP David Osborn. By... →
Merchant bank Oreninc outlines junior recovery with caveats
By: Simon Rees 7th May 2014 The metals and mining market is in recovery but still weighed down by previous mistakes and latent toxicity that has yet to be cleaned up, merchant bank Oreninc MD Benjamin Cox told members of the Canadian Institute of Mining’s Management and Economics Society on April 30. Besides, the... →
EY optimistic about 2014 Canadian mining equities
By: Henry Lazenby 6th May 2014 Canadian mining equities showed modest signs of improvement during the first quarter of the year underpinned by higher commodity prices and continued cost management, professional services firm Ernst & Young’s (EY's) ‘Canadian Mining Eye: Q1 2014’ has found. The index gained 13% during the first... →
First Nations mining and mineral strategies critical for engagement
By: Simon Rees 5th May 2014 Engagement and consultation between mining and exploration companies and the First Nations is one of the most pressing issues for the Canadian sector today. Get it right and a project will move forward more smoothly and with the additional benefit of robust support from aboriginal communities... →
GWMG sells Michigan manufacturing assets
By: Henry Lazenby 5th May 2014 Rare earth alloys producer Great Western Minerals Group (GWMG) has entered into an agreement to sell the redundant manufacturing assets of its Michigan-based subsidiary, Great Western Technologies Inc (GWTI). The GWMG board in March approved shuttering and liquidating the asset in order to... →
Sustainable mining operations framework well received in South Africa, rest of Africa
By: Chantelle Kotze 25th April 2014 While there has been interest in the sustainable operations (Susop) process from Australia-based miners, the process has received more interest from Africa and South Africa, owing to the mine development potential that the continent offers, sustainability consultancy SUSOP development manger Dr... →
American Vanadium announces first CellCube installation in New York
By: Henry Lazenby 23rd April 2014 US vanadium project developer and renewable energy technology purveyor American Vanadium on Wednesday unveiled plans to demonstrate the CellCube vanadium redox flow energy storage system in partnership with the New York State Research and Development Authority (NYSERDA) in New York. The... →
‘Zombie’ juniors betting high hopes on medical marijuana
By: Henry Lazenby 17th April 2014 During the last several months a group of entrepreneurial junior mineral explorers have floated the idea of broaching the fledgling medical marijuana industries of Canada and the US, keeping some of their penny stocks afloat amidst a moribund junior resources market environment. While the current... →
Failing resource juniors look to medical marijuana for a lifeline.
Chinese flake graphite consolidation could alter global supply structure
By: Henry Lazenby 17th April 2014 China has revealed plans to consolidate operations in the world’s most prolific flake graphite-producing region – the Heilongjiang province, where most of the world’s battery raw material comes from – that could significantly alter the global supply structure of the industry, UK-based analyst... →
Energizer completes Madagascar graphite project consolidation
By: Henry Lazenby 16th April 2014 Madagascar-focused project developer Energizer Resources on Wednesday announced that it had concluded a transaction that consolidated its full ownership in its flagship Molo graphite project, in the country. Toronto-based Energizer bought the remaining 25% interest in the Molo project from... →
Molo graphite project, Madagascar.
IC Potash gets green light for New Mexico SOP project
By: Henry Lazenby 15th April 2014 Potash project developer IC Potash (ICP) has received notice that the US Department of the Interior’s Bureau of Land Management (BLM) had published a record of decision (ROD) approving its plans to build and operate its sulphate of potash (SOP) Ochoa project, located in south-east New Mexico.... →
Private equity investment still circling mining sector
By: Simon Rees 14th April 2014 The growth in private equity investment within mining and metals has provoked greater debate about its role as a driving force within the sector over the past year. However, private equity is selective about when and where it deploys capital; it cannot be viewed as an industry panacea. “It’s... →
More grassroots prospecting investment required in BC
By: Henry Lazenby 14th April 2014 Investment in the grassroots level of prospecting and early-stage exploration are critically needed in British Columbia to uncover new deposits that, in turn, would encourage more investment in advanced exploration and resource development, the Association for Mineral Exploration British Columbia... →
Private equity seeks sound management and robust business plans
By: Simon Rees 11th April 2014 Mining companies must have the right management team and business plan in place in order to attract private equity investment, Denham Capital metals and minerals director Caroline Donally told Mining Weekly Online. “The team brings by far and away the most value to the execution of a project... →
Largo Resources reports Brazil flagship is 99.8% complete
By: Henry Lazenby 11th April 2014 TSX-V-listed Largo Resources announced that the Maracás vanadium project, in Bahia, Brazil, is 99.8% complete and only auxiliary items still need to be installed. The Toronto-based firm, which also has a portfolio of other projects in Brazil and Canada, said that first vanadium production would... →
Maracás, Brazil.
DNI adds scandium to Alberta project’s product basket
By: Henry Lazenby 9th April 2014 Project development junior DNI Metals on Wednesday said that an initial evaluation of recovering scandium as a co-product of the polymetallic mining operations planned for its Buckton deposit, in Alberta, had concluded that by incorporating a scandium separation circuit into the flowsheets, it... →
Buckton's near-service black shales.
Great Western Minerals Group signs MoU for REE separation services
By: Henry Lazenby 8th April 2014 The promoter of a South Africa-based rare earths elements (REE) project, Great Western Minerals Group (GWMG) has entered into a nonbinding memorandum of understanding (MoU) with a REE separation services provider. Saskatoon, Saskatchewan-based GWMG said that the MoU calls for ongoing technical... →
Steenkampskraal drill cores.
Tesla Motors’ planned gigafactory causing a ‘buzz’ in the cobalt world 
By: Henry Lazenby 2nd April 2014 US electric vehicle manufacturer Tesla Motors’ recently revealed plans to build a new $5-billion lithium-ion battery ‘gigafactory’ had caused quite a “buzz” in the cobalt world. Tesla Motors spokesperson Liz Jarvis-Shean confirmed to Mining Weekly Online that the innovative company had taken a... →
Tesla Motors Model S.
If proven commercially, Geomega’s technology could transform REE industry
By: Henry Lazenby 28th March 2014 Montreal-based rare earth elements (REE) development company Geomega Resources is making steady progress with research and development work on a proprietary technology that could have the power to reshape the rare earths industry. Despite it still being early days, and the technology not having... →
Rare earth elements.
WTO takes China to task on rare earths export restrictions
By: Henry Lazenby 26th March 2014 The World Trade Organisation (WTO) on Wednesday took China to task on several counts of export restrictions on rare earths, tungsten and molybdenum, citing three counts where a panel had found that China breached its WTO obligations. For rare earths, used to manufacture permanent magnets,... →
Molycorp rare earths
GWMG Q4 revenue rises despite weak rare earths prices; shuts US subsidiary
By: Henry Lazenby 21st March 2014 Rare earth alloys producer and South Africa-focused project developer Great Western Minerals Group (GWMG) this week said that despite falling prices for the rare earth alloys its subsidiary Less Common Metals (LCM) produces, it managed to lift revenues during the fourth quarter, and full year.... →
Heavy minerals miner prioritises energy efficiency, invests in dry mining
14th March 2014 Sierra Leone-based heavy minerals miner Sierra Rutile in December entered into an agreement with power provider Smol Pawa Sierra Leone, a wholly owned subsidiary of Canada-based Smol Pawa Energy, which stipulates that the miner will be the cornerstone purchaser of energy for its Moyamba hydro... →
Standardisation, toolset enable accurate mine budget forecasting
By: Schalk Burger 14th March 2014 Using a forecasting toolset can help improve mining companies’ budget planning, enabling them to streamline and create efficient processes, says performance management specialist company Cortell director Greg Bogiages. He adds, however, that a budgeting and forecasting toolset requires... →
Gabriel Resources to cut 400 jobs should Romanian project stall
By: Henry Lazenby 13th March 2014 As a result of repeated delays by the Romanian government to address the assessment and permitting of the Roşia Montană gold/silver project, Canadian project developer Gabriel Resources on Thursday said that it had started the process to retrench about 80% of its workforce, equal to about 400... →
Rosia Montana, Romania
Avalon Rare Earths strikes refining accord and strategic partnership
By: Henry Lazenby 12th March 2014 Junior project developer Avalon Rare Metals recently struck an offtake deal with global chemicals firm Solvay to process Avalon's rare earth concentrate into pure rare earth oxides for ten years, from the start of deliveries to Solvay's rare earth separation and refining plant located in La... →
Nechalacho
Tesla's new $5bn ‘gigafactory’ could spur 37% graphite market growth
By: Henry Lazenby 12th March 2014 US automotive giant Tesla had recently revealed plans to build a new $5-billion lithium-ion battery ‘gigafactory’ that could potentially increase natural graphite demand by up to 37% by 2020, according to UK-based analyst Industrial Minerals Data (IM Data) manager Simon Moores. The factory,... →
MSV aims to lead Western rare earths production with low-cost project
By: Henry Lazenby 11th March 2014 Mineração Serra Verde (MCV), a privately held project developer focused on a low-grade rare earths project in Brazil, believes that it likely holds the key to the unrelenting question of securing rare earths supplies outside of lead producer China, when its eponymous project starts up in 2017.... →
Mining Ventures Brazil CEO Andreas Sprecher
BlackRock’s Cleary outlines private equity pathway for mining start-ups
By: Simon Rees 10th March 2014 Having a strong management team, a high-quality project and the will to succeed are critical for any company wishing to secure private equity funding, chairperson of BlackRock Minerals Sean Cleary told delegates at the Prospectors and Developers Association of Canada on last week. “You have to... →
BlackRock Minerals chairperson Sean Cleary
Company upbeat despite mining industry challenges
By: Ilan Solomons 7th March 2014 Project management software and consulting company SSG Consulting was bullish about its 2014 prospects and intended to at least double its customer base this year, SSG Consulting CEO Steven Golding told Mining Weekly at this year’s Investing in African Mining Indaba. The company’s business... →
Canada, the global ‘mining capital’, reaffirms support for industry
By: Henry Lazenby 5th March 2014 The Canadian Ministry of Natural Resources this week used the world’s largest gathering of miners, the Prospectors and Developers Association of Canada’s (PDAC’s) International Convention, Trade Show and Investors Exchange to once more throw its full weight behind the mining industry. Speaking at... →
Natural Resources Minister Joe Oliver
Miners must revisit business models to achieve maximum savings - KPMG
By: Simon Rees 3rd March 2014 Mining companies should re-visit and re-evaluate their business models to ensure the maximum benefit of cost and efficiency savings, head of KPMG Canada’s Value Creation service Simon Beer told members of the Canadian Institute of Mining’s Management and Economics Society on February 26. Many... →
M&R’s international businesses underpin current and future growth prospects
By: Terence Creamer 27th February 2014 JSE-listed Murray & Roberts (M&R), a company synonymous with the South African construction industry, is increasingly deriving the bulk of its earnings from offshore operations, while its future fortunes are also increasingly tied to non-South African prospects, especially in the global natural... →
Murray & Roberts CEO Henry Laas
Canadian deal value continues 7 yr decline, falls 33% - EY
By: Henry Lazenby 26th February 2014 Transactions in the global mining and metals industry – and Canada – continued to decline off the back of a seven-year low in volumes in 2013, professional services firm EY’s ‘Mergers, acquisitions and capital raising in mining and metals: 2013 trends, 2014 outlook’ report had found. "Deal... →
Mining's short-term pain turning to long-term gain
By: Henry Lazenby 26th February 2014 Despite 2013 being one of the worst years for mergers and acquisitions (M&A) in recent history, mining activity was expected to rise in the coming months with developed economies beginning to stabilise and miners looking to add assets in a strategic manner, professional services firm PwC's latest... →
New report on local procurement seeks to encourage rising trend
By: Henry Lazenby 21st February 2014 A new report, and the first of its kind in Canada, ‘Local Procurement by the Canadian Mining Industry: A Study of Public Reporting Trends’, released this week by Engineers Without Borders Canada (EWB), had found Canadian mining companies were starting to talk more about local procurement of goods... →
American Vanadium to install demonstration vanadium redox flow battery
By: Henry Lazenby 20th February 2014 US project developer American Vanadium on Wednesday announced that the US Department of Energy's National Renewable Energy Laboratory (NREL) will evaluate and demonstrate the CellCube vanadium redox flow energy storage system at its state-of-the-art testing facility in Golden, Colorado. After the... →
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