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Galaxy’s Mt Cattlin delivers record Q4 lithium output

By: Natasha Odendaal     16th January 2018 ASX-listed Galaxy Resources has reported record production from its Mt Cattlin operations, in Ravensthorpe, Western Australia, during the quarter ended December 31, on the back of increased ore treated and continued improved process plant use. The operation produced 52 139 dry metric tonnes (dmt)... 

Airbus reports that 2017 was another record year for airliner deliveries

By: Rebecca Campbell     15th January 2018 Airbus Commercial Aircraft, the airliner manufacturing arm of European aerospace giant Airbus Group, announced on Monday that last year it had set a new company record for annual deliveries of aircraft. These totalled 718 aeroplanes to 85 customers and amounted to a 4% increase over the 688... 

Fura closes in on Colombian emerald mine buy; to create single-stop Dubai-based gemstone shop

By: Henry Lazenby     13th January 2018 Canadian gemstone-focused miner Fura Gems is setting up a single-stop destination in Dubai, where rubies and emeralds produced from its Mozambique and Colombian assets will be graded and sold at the Almas Tower. “The Almas Tower is arguably one of the most secure spaces in the world, from where... 

Queensland LNG exports surpass prior records in 2017

By: Natasha Odendaal     12th January 2018 Queensland has achieved record liquefied natural gas (LNG) exports in the year to December 2017, Queensland Resources Council CEO Ian Macfarlane said on Friday. During 2017, Queensland exported 20.2-million tonnes of LNG, an increase of 2.7-million tonnes on the exports reported in 2016. 

The No.1 miner is building an EV hub it doesn't want to keep

By: Bloomberg     11th January 2018 Electric vehicles could hold the key to BHP Billiton finally finding a buyer for its unwanted nickel operations. The world’s top miner is accelerating plans to transform Nickel West in Western Australia into a linchpin of the global supply chain for EV batteries. The switch in focus promises to... 

Growth of European gold-backed ETFs outpaces US funds in 2017 – WGC

By: Reuters     9th January 2018 European gold-backed exchange-traded funds added more than double the amount of t that North American ones did in 2017, growing their assets by 13.9%, the World Gold Council (WGC) said on Tuesday. Though North America contained more than half the amount of global exchange-traded fund holdings,... 

Off-grid solar set to boom in Africa

     9th January 2018 The role of off-grid and mini-grid in rural electrification in Africa, will be a key discussion session during the 10th Africa Energy Indaba Conference on 20-21st February 2018 at the Sandton Convention Centre in Johannesburg, South Africa, supporting the immense growth potential of solar. Solar... 

Suncor, Teck up stakes in new Fort Hills oil sands project

By: Henry Lazenby     4th January 2018 The partners of the C$13.5-billion Fort Hills oil sands project, in Alberta, have resolved a commercial dispute, resulting in Suncor Energy increasing its ownership in the project to 53.06%, and Teck Resources upping its stake to 20.89%, from 50.8% and 20%, respectively. The companies reached... 

Gold's bulls and bears have plenty to chew over in New Year

By: Bloomberg     29th December 2017 It is not just politics that’s polarised right now. Gold investors are also split down the middle. A Bloomberg survey of 38 market professionals shows a $700 divide between the most optimistic and most pessimistic forecasts for prices next year. That leaves the median estimate of $1 290/oz at... 

Kibaran, ProGraphite sign knowledge-sharing agreement

By: Megan van Wyngaardt     20th December 2017 ASX-listed Kibaran Resources has signed a binding agreement with German-based ProGraphite under which it would grant Kibaran full access to its extensive technical and commercial knowledge relating to the processing of graphite for use in battery product applications. Noting that this was an... 

Container trade shows 10% yearly growth

By: Megan van Wyngaardt     18th December 2017 The total local import and export container trade market experienced consistent 10% year-on-year growth during the third quarter, a similar result as in previous quarters, container shipping company Maersk Line Southern Africa reports. “On face value, [this] is remarkable growth. The main... 

IHS Materials Price Index buoyant on strong commodity rally

By: Henry Lazenby     15th December 2017 The materials price index (MPI) from Global Insight by IHS Markit has gained a strong 1.3% last week, hitting its highest level since late 2014 the company reported on Thursday. Three categories led gains, including ferrous metals, rubber and freight, all of which posted large jumps, according to... 

Heartland-to-heartland linkages sought in China-driven industrial superproject

By: Schalk Burger     12th December 2017 The China-driven superproject, the Belt and Road Initiative (BRI), which is a conceptual redevelopment of the ancient global tradeways of the Silk Road, aims to link the heartlands of countries by land, sea and air routes, said Renmin University School of International Studies Professor Wang... 

New polishing facility a boost to Dubai’s status as a diamond trading centre

By: Dylan Slater     8th December 2017 The global diamond industry is either growing in affluent regions or remaining steady in less affluent ones, thereby reflecting a degree of positivity, as well as signs of growth. This also points to untapped potential that is ready to be unlocked through increased investment upstream and... 

Ocean science key to supporting sustainable ocean health

By: Anine Kilian     6th December 2017 Studying and understanding ocean science is key to achieving the Sustainable Development Goals (SDGs) set out by the United Nations (UN) and to sustain the health of the world’s oceans, according to Department of Environmental Affairs oceans research director Ashley Johnson, who unpacked the key... 

Kibaran to build battery-grade graphite producing pilot plant

By: Mia Breytenbach     5th December 2017 Following the successful completion of a feasibility study on downstream processing of graphite from its Epanko graphite project in Tanzania, ASX-listed Kibaran Resources will establish a pilot plant in Germany that will be expanded to commercial scale for the supply of  premium battery graphite... 

Iron-ore enters bull market as China's curbs supercharge steel

By: Bloomberg     4th December 2017 Iron-ore has rallied back into a bull market. Prices are surging as China’s crackdown on steel output this winter runs down inventories, helping mills’ profitability and stoking demand for high-grade ore even as investors discount signs of ample supply. Spot ore with 62% iron content jumped 3.7%... 

Engineer to unveil new industry technology

     1st December 2017 High-pressure equipment and technology manufacturer Haskel has revealed that its product engineer Poova Mahmoudian will be unveiling new industry technology, as part of a collaborative technology and research alliance with the US Army. The technology is said to dramatically impact those... 

Galaxy seals lithium offtake contracts with Asian partners

By: Creamer Media Reporter      29th November 2017 Lithium miner Galaxy Resources has signed binding offtake agreements for 200 000 t/y of lithium concentrate from its Mt Cattlin operation and said on Wednesday that 100% of the planned output from the mine in Ravensthorpe, Western Australia, had now been sold on a five-year contract term. The... 

Goldman sees iron-ore sinking to $50/t as supply expands again

By: Bloomberg     29th November 2017 Iron-ore will weaken next year as global supplies increase including from a new mine in Brazil at the same time that steel production risks topping out in China, according to Goldman Sachs Group, which expects prices to decline back toward $50 a metric ton. Futures fell. The raw material may... 

Ingeteam and Indar exhibit at WindEurope 2017

     27th November 2017 Zamudio, 27th November 2017. Ingeteam, an independent global supplier of electrical conversion equipment, will present its full range of wind energy drive train products at the WindEurope Conference & Exhibition 2017, taking place later this month in Amsterdam.  Exhibiting at booth #1D24,... 

BHP, Goldman hunt for energy fix amid remote banana plantations

By: Bloomberg     27th November 2017 The world’s biggest miner and Wall Street’s top-ranked merger firm are among the high-profile backers of a remote solar project nestled among banana crops in Australia’s far tropical northeast. For BHP Billiton, it’s a chance to unlock renewable technology for the global mining sector. As... 

‘Mining’ the most out of OTR tyres with NitraLife’s nitrogen filling: improved safety, better inflation and less ‘hot air’

     24th November 2017 Today, in the mining industry, safety standards are more stringent than ever. Should a mine experience an incident, which results in an injury or even a fatality, the subsequent legal consequences and financial penalties can be severe. A potential risk in open-pit mines concerns the ultra-large... 

Sasol’s new strategy shuns GTL as specialty chemicals emerge as key growth driver

By: Terence Creamer     23rd November 2017 Chemicals and energy group Sasol is preparing to sell several assets, including its Canadian shale gas assets, following an overhaul of its corporate strategy, which eschews any further greenfield gas-to-liquids (GTL) investments in favour of smaller acquisitions and projects of between... 

Mining contributes A$55bn to Qld economy in 2016/17

By: Mia Breytenbach     21st November 2017 The resources sector continues to drive employment and investment in Queensland, having contributed A$55.1-billion to the state’s economy in 2016/17 and supported the equivalent of 282 633 full-time jobs. This is according to the Queensland Resources Council’s (QRC’s) eighth yearly economic... 

Mustang announces outcomes of ruby strategy review

By: Esmarie Swanepoel     16th November 2017 Ruby miner Mustang Resources will implement a number of measures to fine tune its operational strategy, including temporarily suspending the artisanal miner development programme (AMDP) following disappointing results from its maiden tender. Mustang earlier this month launched a review into the... 

Myanmar raises A$7m for Bawdwin

By: Esmarie Swanepoel     15th November 2017 Base metals explorer Myanmar Metals will raise A$7-million through a share placement to help fund work at its Bawdwin zinc/lead/silver/copper project, in Myanmar. The company on Wednesday announced that it had received binding commitments for 100-million new fully paid shares, at a price of 7c... 

Offtake partners secured for US gigafactory - Magnis

By: Esmarie Swanepoel     15th November 2017 ASX-listed Magnis Resources has reported that a binding sales agreement has been inked for 40% of the planned production from a planned lithium-ion gigafactory, in New York. Magnis is part of a global consortium which is developing a 15 GWh lithium-ion battery plant in the US. 

Australian Bauxite to produce aluminium fluoride

By: Esmarie Swanepoel     13th November 2017 ASX-listed junior Australian Bauxite has inked a heads of agreement (HoA) with technology provider Refined Ore Industries (ROIL) to produce aluminium fluoride from bauxite. Under the terms of the HoA, Australian Bauxite will have exclusive global rights to produce aluminium fluoride from the... 

South Africa crucial to global chrome supply, Chromium 2017 hears 

By: Martin Creamer     10th November 2017 South Africa is an irreplaceable supplier of chrome ore and ferrochrome, which is, in turn, an irreplaceable component of China-dominated stainless steel production, global delegates to last week’s well-attended Chromium 2017 conference heard. South Africa, as the dominant global chrome producer,... 

Trans Mountain pipeline expansion project, Canada

By: Sheila Barradas     10th November 2017 The provincial coalition government of British Columbia has again outlined plans to stop the project. 

Ivanhoe expects new mineral resource estimate for Kakula by year-end

By: Anine Kilian     9th November 2017 TSX-listed Ivanhoe Mines expects a new mineral resource estimate for the entire Kakula discovery, in the Democratic Republic of Congo, by the end of the year, based on the current, delineated strike extent of least 12 km, the company said in a statement on Thursday. The new evaluation will expand... 

Canadian junior mining sector riding renewed wave of confidence

By: Henry Lazenby     7th November 2017 Despite signs of improved investor confidence in Canada's prolific junior mining sector – mainly driven by rising consumer technology demand for resources – analysts are warning that the market recovery is in a delicate phase and will require discipline to survive until more substantial commodity... 

Kibaran trebles planned output of Tanzania graphite project

By: Esmarie Swanepoel     6th November 2017 Optimisation testwork at graphite developer Kibaran Resources’ Epanko project, in Tanzania, has flagged the potential trebling of planned battery-grade graphite production. MD Andrew Spinks told shareholders on Monday that the optimisation testwork had confirmed the positive results of Kibaran’s... 

British Columbia govt digs in against Canadian oil

By: Henry Lazenby     3rd November 2017 The British Columbia provincial government has reiterated its opposition against the flow of oil over its soil. While proponents for Kinder Morgan's Trans Mountain Expansion project have argued that the expansion of Canada's ability to reach new markets in Asia needs to be designated as a... 

Airbus’s A330neo type makes first flight, while Air Mauritius accepts its first A350XWB

By: Keith Campbell     3rd November 2017 The first development aircraft in Europe-based major aerospace group Airbus’ new A330neo (new engine option) family made its maiden flight on October 19, from Toulouse-Blagnac Airport in France. The aircraft took off at 09:57 local time and landed at 14:10, having flown for four hours and 13... 

Wheatstone ships first LNG

By: Esmarie Swanepoel     1st November 2017 US oil major Chevron has shipped the first liquefied natural gas (LNG) from the Wheatstone project, in Western Australia, to customers in Japan. “The first shipment of LNG from the Wheatstone project signifies our commitment to be a safe and reliable long-term supplier of cleaner-burning natural... 

Ghost town of Cobalt gets first jolt from Tesla’s electric cars

By: Bloomberg     1st November 2017 Ironically, Cobalt, Ontario – population 1,100 – was built on silver. Remnants of a boom that transformed the town more than a century ago are everywhere. A mine headframe still protrudes from the roof of the bookstore, which was previously a grocery. The butcher used to toss unwanted bones down... 

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