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St Barbara books solid quarter

By: Esmarie Iannucci     18th April 2019 Gold miner St Barbara has revised its production forecast at both its Gwalia and Simberi operations, in Western Australia and Papua New Guinea respectively. The ASX-listed miner was now expecting Gwalia to produce between 235 000 oz and 240 000 oz in the full 2019, compared with the previous... 

Northam secures R1.65bn in funding through domestic medium-term notes placement

By: Creamer Media Reporter      16th April 2019 Platinum miner Northam Platinum has completed a private placement of domestic medium-term notes to the value of R1.65-billion under its R2-billion Domestic Medium-Term Note Programme. The new notes will mature over a one-year (R250-million), two-year (R250-million) and three-year (R1.15-billion)... 

India’s Coal Ministry eases coal supply linkage rules for thermal power companies

By: Ajoy K Das     27th March 2019 India’s Coal Ministry has eased rules for thermal power companies allowing them to source coal even without power purchase agreements (PPAs) with electricity distribution companies in place. The Cabinet Committee on Economic Affairs approved the revised rules for sourcing of coal by such power... 

Now BHP will earn into Luminex projects in Ecuador

By: Creamer Media Reporter      22nd March 2019 Canadian junior Luminex Resources has brought in another major miner to earn into its projects in Ecuador, announcing a letter of intent to enter into a farm-in and joint venture (JV) agreement with BHP over the Tarqui 1 and 2 mining concessions. BHP will have the right to earn up to a 70%... 

St Barbara slumps on production downgrade, Gwalia trucking announcement

By: Esmarie Iannucci     22nd March 2019 The share price of ASX-listed St Barbara fell by nearly 30% on Friday after the company lowered its production forecast and announced plans to continue trucking at its Gwalia gold mine, in Western Australia. A feasibility study into the Gwalia mass extraction (GMX) project identified an... 

Localisation seen as key to stimulating struggling capital equipment sector 

By: Natasha Odendaal     22nd March 2019 The growth of the capital equipment sector, and the manufacturing sector in general, is being stifled by South Africa’s heavy reliance on imports, and its inability to deliver on its localisation promises. The manufacturing sector has the potential to significantly accelerate South Africa’s... 

Contractor building infrastructure at Belfast mine

15th March 2019 Construction contractor Concor Infrastructure has been awarded the job of building dams, roads, platforms and other civil works at diversified miner Exxaro’s new digital coal mine near Belfast, in Mpumalanga. Concor Infrastructure is constructing four major dams, 26 concrete platforms and... 

Aspasa encourages surface mines to join the association

By: Marleny Arnoldi     13th March 2019 The Aggregate & Sand Producers Association of Southern Africa (Aspasa) says surface miners are facing a growing number of challenges and calls on mine owners to get behind the association and become part of a unified voice for the industry. “With profits under pressure as a result of ever-more... 

The solution to the sealing and safety problems of conveyor belts

12th March 2019 LIFTUBE® Standard Industrie International, founded in 1978 in the North of France, specializes in the design and manufacture of equipment facilitating the handling of bulk powdery products.  

CIL coal washery project delays attract Coal Ministry flak

By: Ajoy K Das     25th February 2019 tate-run Coal India Limited’s (CIL’s) ambitious plans of ramping up coal washing capacity has been hit by time overruns. The delays in operationalising various coal washery projects has attracted criticism from the Coal Ministry at a recently held review meeting, during which the Coal Secretary... 

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