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Explorer advances copper project, growth strategy

24th May 2019 Copper exploration and development company MOD Resources is progressing with its growth strategy as the T3 openpit copper project in the Kalahari copperbelt, in northern Botswana, continues towards a decision to mine. The company and its advisers are advancing a range of funding options with... 

First ore fed into La Parrilla jig plant

By: Creamer Media Reporter      21st May 2019 Aim-listed W Resources on Tuesday announced the first ore feed to the newly commissioned jig and mill plant at the La Parrilla tungsten mine in Spain. This follows construction completion in April and commissioning of the conveyors, pumps, thickener, two mills and two jigs over the past month. 

Lynas to set up plant in WA as it abandons plans for Malaysia facility

By: Esmarie Iannucci     21st May 2019 Rare earths miner Lynas on Tuesday told shareholders that it would relocate a planned processing facility from its Kuantan operations in Malaysia, to its operations in Western Australia. Speaking at an investor conference, CEO and MD Amanda Lacaze noted that the cracking and leaching facility... 

Vale warns Brazil prosecutors another dam at risk of collapse

By: Reuters     17th May 2019 Brazilian iron ore miner Vale SA told prosecutors in the state of Minas Gerais that a dam is at risk of rupturing at its Gongo Soco mine, about 40 miles from where its Brumadinho dam collapsed, killing more than 230 people. According to a document published on Thursday, prosecutors said Vale is... 

Tharisa sticks to dividend guns as mine reconfiguration lowers output, profit 

By: Martin Creamer     15th May 2019 Platinum group metals and chrome mining company Tharisa Minerals has not allowed lower half-year production, profit and cash flow to get in the way of declaring an interim dividend. The Johannesburg- and London-listed company declared a $0.005-a-share payout on earnings a share of $0.4c, in... 

Release of updated IRP imminent, says Radebe, as he allays coal producers' fears  

By: Kim Cloete     14th May 2019 Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan, which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly". He told delegates attending the African Utility Week and PowerGEN Africa forum, in Cape Town, on... 

Australian Vanadium finds commercial option for Coates

By: Esmarie Iannucci     13th May 2019 The share price of ASX-listed Australian Vanadium increased by nearly 17% on Monday after the company signed a joint venture agreement to develop the Coates vanadium project, in Western Australia. Under the terms of the agreement, privately held Ultra Power Systems (UPS) would be given exclusive... 

Buang Moloto

By: Martin Creamer     10th May 2019 This week Mining Weekly features Buang Moloto, the CEO of Linhleko Projects, a company engaged in mineral processing  

AngloGold embarking on process to dispose of South African assets  

By: Martin Creamer     9th May 2019 Iconic South African gold-mining company AngloGold Ashanti said on Thursday that it was embarking on a process to review divestment options for its remaining South African assets. The company, headed by CEO Kelvin Dushnisky, said the process would consider all ownership options, with a view to... 

BHP faces $5bn claim over 2015 Brazil dam failure

By: Reuters     7th May 2019 Anglo-Australian mining giant BHP is facing a landmark, $5-billion damages claim in England for being "woefully negligent" in the run-up to a 2015 dam failure that led to Brazil's worst environmental disaster, a lawsuit alleges. The claim, which will be largest group action to be heard in... 

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