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Peabody starts reventilating North Goonyella with aim of resuming production next year

By: Creamer Media Reporter      24th May 2019 Coal miner Peabody has taken the first step to resuming operations at the fire-hit North Goonyella mine in Queensland, Australia, with an announcement on Friday that it is proceeding with the ventilation of the first segment of the coal mine. This forms part of a phased reventilation and... 

Zambian President threatens Glencore, Vedanta with 'divorce' 

By: Bloomberg     17th May 2019 Zambian President Edgar Lungu threatened to “divorce” the domestic copper units of Vedanta Resources and Glencore after the companies said they’d curb operations in the Southern African nation. The threat marks an escalation in tensions between the mining industry in Africa’s second-biggest... 

Noront expects ‘lengthy’ enviro permitting phase for ferrochrome plant

By: Mariaan Webb     13th May 2019 Development company Noront Resources has settled on a site for the ferrochrome plant that it plans to build to treat ore from its chromite mines in the emerging Ring of Fire camp, but the junior is expecting “lengthy” environmental assessment phase and says commissioning of the facility is still... 

Barrick CEO expects to raise $1.5bn in asset sales

By: Bloomberg     8th May 2019 Barrick Gold, which completed its acquisition of Randgold Resources at the beginning of the year, has identified $1.5-billion in assets the miner intends to sell, CEO Mark Bristow said. “Our focus is realizing $1.5-billion through next year,” Bristow said Wednesday in an interview in Toronto.... 

Lincoln Lubrication SA

6th May 2019 Lincoln Lubrication SA offers a range of lub-rication system solutions for every industry and application. As the leader in our field of business, we incorporate and apply many years of experience to provide the best possible solution to every lubrication challenge.   Our team of experts and... 

Fortescue hands out Eliwana contract

By: Esmarie Iannucci     1st May 2019 Iron-ore major Fortescue Metals has awarded a A$10-million electrical, communications and dry fire system contract to ASX-listed WestStar for its Eliwana mine, in the Pilbara. The scope of work will see WestStar subsidiary Simpec design, supply, construct, test and commission the electrical,... 

Nordgold increases Lefa mine investment

By: Simone Liedtke     29th April 2019 Diversified gold producer Nordgold has completed a significant investment programme at its Guinea-based Lefa mine. Capital expenditure in 2018, which was designed to both improve efficiencies at Lefa, while also extending its life-of-mine, increased to more than $70-million, from $48-million in... 

Trafo Power Solutions

29th April 2019 Trafo Power Solutions was established to cater for the growing appetite and scope for the application of dry-type transformers in Africa. These power solutions are suitable across a wide range of industry including mining. The company offers a wide range of cast resin transformers from 160 kVA to... 

Process Pipe

29th April 2019 Process Pipe and its newly acquired company, CAB South Africa, has established a national footprint as a wholesaler and retailer of carbon and mild steel pipes, fittings and flanges in South Africa, with branches in Gauteng, KwaZulu-Natal and the Western Cape. Moreover, as Process Pipe & CAB... 

Ferrexpo plunges as auditor, directors resign amid charity probe

By: Bloomberg     29th April 2019 Ukrainian iron-ore producer Ferrexpo plunged the most in three years as its auditor and two directors resigned amid a money laundering investigation at a charity supported by the company. Ferrexpo announced on Friday morning that Deloitte had resigned without providing any details about the... 

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