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LME ready to address flaws in its metal storage rules

By: Reuters     18th April 2019 The London Metal Exchange is poised to deal with a loophole in its warehousing rules, exposed after commodity trader Glencore bought large amounts of aluminium earlier this year, sources familiar with the matter said. But the exchange will have to wait until a complaint lodged by Glencore with... 

Weednanna proves promising for Alliance

By: Esmarie Iannucci     18th April 2019 The Weednanna gold project, in South Australia, would likely require a capital investment of some A$44.4-million, a scoping study has found ASX-listed Alliance Resources on Thursday said that the scoping study, based on a 250 000 t/y gold processing plant and tailings storage facility, had... 

SSC takes Vantage to court in Lily, Barbrook mines transfer dispute

By: Marleny Arnoldi     16th April 2019 Siyakhula Sonke Empowerment Corporation (SSC) and its subsidiary Flaming Silver has filed an urgent application in the Mpumalanga High Court to resolve a dispute with Vantage Goldfields South Africa regarding a sale of shares agreement for the Lily and Barbrook mines, in Mpumalanga.  

AGL secures right to turn mine into pumped hydro

16th April 2019 Resources & Energy Australian energy generator AGL has secured the right to develop, own and operate a 250-megawatt pumped hydro energy storage project at Hillgrove Resources Limited’s Kanmantoo copper mine in the Adelaide Hills region of South Australia. 

Rio Tinto injects another $302m into Arizona copper project

By: Esmarie Iannucci     15th April 2019 Major Rio Tinto will invest a further $302-million to advance the Resolution copper project, in Arizona. Rio, which owns a 55% interest in the project, and project partner BHP, which owns the remaining 45% interest, have invested over $2-billion on the permit since 2004, including on sinking a... 

Exploration trends likely to improve significantly in West Africa

By: Mamaili Mamaila     12th April 2019 While mining progress in West Africa will vary from country to country, with one or two discrete discoveries, developments often set significant change into motion, says engineering consulting company SRK Consulting South Africa partner and principal consultant Andrew van Zyl. Recent studies have... 

Demand for outsourced solutions rising in Africa

By: Jessica Oosthuizen     12th April 2019 Mineral discoveries in Africa have been on the increase in the past ten years and one of the major challenges for mines is finding expert solutions in countries that have developing mining ecosystems, says global boutique consultancy The Polyglot Group renewables and resources senior consultant... 

AEL to provide green solutions for mines in French West Africa

By: Mamaili Mamaila     12th April 2019 One of Johannesburg-based supplier and manufacturer of explosives AEL Intelligent Blasting’s core values for this year is going green, with sustainable development also informing its plans to enter the commercial explosives sector in French-speaking West Africa. Francophone West Africa, also... 

Gold Fields declares maiden reserve at Salares Norte, targets first gold in 2023 

By: Marleny Arnoldi     10th April 2019 Gold Fields earlier this year completed a definitive feasibility study (DFS) on its Salares Norte project, in Chile, South America, which enabled the company to declare a maiden reserve for the project. The company started exploration on the prospect in March 2011, with drilling to date... 

Australia establishes a battery research centre in Perth

By: Esmarie Iannucci     10th April 2019 The federal government is providing a A$25-million grant to an industry-led cooperative research centre aimed at developing battery manufacturing in Western Australia. The A$135-million Future Battery Industries Cooperative Research Centre will help tackle industry identified gaps in the battery... 

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