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Raubex divisions see return to profitability

By: Simone Liedtke     29th May 2020 Infrastructure development and construction materials supply group Raubex managed to maintain sufficient capacity to participate in any improvement in the sector, while simultaneously undertaking rightsizing initiatives has seen the company’s roads and earthworks division return to profitability.... 

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter      23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid.  In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... 

Trident raises funds to execute opportunities

By: Tasneem Bulbulia     22nd May 2020 Diversified miner Trident Resources has successfully placed 80-million new ordinary shares, at a price of 20p per ordinary share, raising gross proceeds of about £16-million, or about $20-million. The placing was led by Tamesis Partners, Ashanti Capital and Azure Capital and received strong... 

Great Western takes option on 48 claims in Nevada

By: Marleny Arnoldi     22nd May 2020 Aim-listed Great Western Mining Corporation (GWMO) has signed an option agreement with Nevada Select Royalties to acquire 48 mineral claims in Nevada, which are prospective for gold and silver. Nevada Select is a subsidiary of Ely Gold Royalties.  

Kefi receives central bank approval for proposed Tulu Kapi debt finance

By: Tasneem Bulbulia     19th May 2020 The National Bank of Ethiopia, Ethiopia's central bank, has approved signed term sheets with the project finance banks that will provide the long-term development debt finance for Aim-listed Kefi Minerals' Tulu Kapi gold project. The company says this reaffirms the Ethiopian government's ongoing... 

Regulatory Framework in the Indian Mining Industry: Evolution & Need for an Enduring Outlook

By: Creamer Media Reporter      18th May 2020 By: Munawwar Naseem, Partner-Dua Associates, Delhi Febin Mathew Varghese, Principal Associate- Dua Associates, Delhi 1. Regulatory regime along with geo-politics play a significant role in the mining sector. Political upheavals and consequent regulatory changes are major factors influencing... 

WEIR MINERALS’ Multiflo® Barge Solutions

By: Creamer Media Reporter      13th May 2020 For 40 years Weir Minerals has provided custom Multiflo® barge solutions for applications all around the world. The global team of barge and dewatering specialists provide custom solutions for everything from tailings management and water reclamation, to specially engineered solutions to meet the... 

Carmakers urged to invest in mines to avoid battery metal pinch

By: Bloomberg     11th May 2020 Mine developers scrambling to fund projects to meet forecast demand for battery metals see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments. An already tough environment to raise project finance for the mines is being made worse by the... 

Unlock Your Future with Online Learning

By: Creamer Media Reporter      8th May 2020 We find ourselves in scary, but fascinating times. If anything, Covid-19 has forced us to rethink life and how we approach it. Fortunately, technology has made it much easier for us to be proactive and take action towards a better future.  Do you want to come out of this pandemic stronger? Now is... 

As opposition to Level 4 grows, economists debate easing options 

By: Terence Creamer     8th May 2020 With the opposition to South Africa’s Level 4 lockdown growing, along with calls for increasing the scope and scale of economic activity, several economic commentators are urging the authorities to take lessons from those countries that have already started to emerge from lockdowns and adapt them... 

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