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On-The-Air (20/04/2018) 

By: Martin Creamer     20th April 2018 South Africa is expected to play an important role in a large new multi-billion-rand potash project in the Republic of Congo. Wonderful news for platinum is that mining equipment driven by a fuel cell is scheduled to make a game-changing debut underground next year. Mining giant Glencore has... 

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

Latin America the leading region in new global wave of exploration

By: Rebecca Campbell     20th April 2018 Worldwide, the mining industry has been recovering from the slump that started in 2012. “After a challenging 2013/14 when the prices of commodities plummeted across the board, 2016 and 2017 have seen resurging prices for aluminium, copper, zinc, nickel, lead, palladium and, more modestly, gold,”... 

Resistance persists despite declaration of new renewables dawn

By: Terence Creamer     20th April 2018 The world did not stop to allow South Africa to get off. While ‘sunny South Africa’ spent more than two years delaying the introduction of new renewable-energy plants, including 12 solar photovoltaic (PV) projects and a concentrated solar power (CSP) plant, the rest of the world continued... 

BRICS members work towards better trade by 2021

By: African News Agency      19th April 2018 The BRICS member countries are working towards strengthening co-operation and mutual assistance to facilitate trade with one another, the South African Revenue Service (Sars) said on Thursday. The delegates from Brazil, Russia, India, China and South Africa met in the coastal city of Durban for... 

Russia sanctions throw aluminium supply chain into chaos

By: Bloomberg     18th April 2018 The US sanctions on United Co. Rusal that have sent aluminium prices surging should be great news for rival producers like Rio Tinto Group. Spoiler alert: they’re not. 

Crusader appoints new chairperson as it starts trading on Aim

By: Mariaan Webb     17th April 2018 Brazil-focused Crusader Resources on Tuesday announced the appointment of Andrew Vickerman as nonexecutive chairperson, following the company’s successful listing on the London Stock Exchange. Crusader’s issued share capital was admitted to trading on the Aim market on Monday, following the... 

After setbacks, Anglo American counting on turnaround for Minas-Rio mine

By: Reuters     17th April 2018 Two leaks in a month, a 90-day outage and $58-million in fines is not enough to temper Anglo American's ambition for its long-delayed, multi-billion dollar Minas-Rio iron-ore mine in Brazil. Purchased at the height of the commodities boom a decade ago for $5.5-billion, Anglo American was once... 

Largo eyes 25% Maracás Menchen capacity increase, plant improvements

By: Henry Lazenby     16th April 2018 Vanadium producer Largo Resources is looking to increase the production capacity at its flagship Maracás Menchen mine, in Brazil’s Bahia state, by 25% from the current 800 t/m to 1 000 t/m, it said in a statement on Monday. These improvements translate to a 200 t of additional vanadium pentoxide... 

South Africa set to play significant role in Congo potash project 

By: Martin Creamer     16th April 2018 South Africa is likely to play a significant role in the development and construction of the large new potash mine and processing plant that is being planned in the Republic of Congo (RoC) at an expected capital cost of $2-billion. Potentially one of the lowest operational cost potash projects in... 

Same-day delivery to be the norm by 2022, survey finds

By: Anine Kilian     13th April 2018 Manufacturers, transportation and logistics firms and retailers are moving to meet the growing needs of the on-demand economy, in which the online buying, smartphone-wielding consumer expects a seamless, faster purchasing journey, a global survey has shown. The ‘Future of Fulfilment Vision... 

Unitrans and RCL Celebrates a 20 year relationship

     13th April 2018 Unitrans and RCL Foods are celebrating their more than 20-year relationship. RCL Foods is a leading food producer in South Africa and holds a varied portfolio of prominent and much-loved food brands like Rainbow chicken, Nola mayonnaise and Yum Yum peanut butter. The company’s history spans over... 

Mining billionaire backs outback gas pipeline to ease power woes

By: Bloomberg     13th April 2018 Billionaire Andrew Forrest is studying a proposed 1 500-mile (2 400-km) transcontinental natural gas pipeline as part of his iron ore company’s strategy to diversify and to boost Australia’s power supply network. Fortescue Metals Group Ltd. confirmed it has undertaken work for a duct that would... 

Shareholders give thumbs up for Leagold/Brio merger

By: Henry Lazenby     13th April 2018 The shareholders of both Leagold Mining and Brio Gold have voted in favour of a friendly $264-million all-scrip offer by Leagold to acquire Brio. Brio now intends to seek a final order approving the transaction from the Ontario Superior Court of Justice by next Tuesday. Assuming all other... 

Metso sees South American revenue rising as mining rebounds

By: Reuters     12th April 2018 Mining equipment maker Metso Oyj expects to increase its revenue in South America excluding Brazil by 15% to 20% a year over the next two to three years as higher metals prices spur mining activity, a company executive told Reuters. Eduardo Nilo, VP of Metso's operations in South America,... 

Horizonte secures key water permit for Brazil nickel project

By: Creamer Media Reporter      11th April 2018 The granting of a water permit for industrial water consumption at Aim- and TSX-listed Horizonte’s Araguaia project, in north-eastern Brazil, has brought the nickel project one step closer to its objective of being “construction ready” by the end of this year. The water licence, granted by the... 

Anglo American fined $21m for Brazil pipeline leaks

By: Reuters     11th April 2018 Brazil's environmental regulator Ibama fined Anglo American $21.1-million for two leaks in the pipeline transporting iron-ore from its Minas Gerais mine, to port in Rio de Janeiro state, the watchdog said on Tuesday. Ibama ordered Anglo American to halt mining operations after the leaks, which... 

Monale Ratsoma appointed as Brics bank Africa region director-general

By: Simone Liedtke     10th April 2018 The National Treasury’s deputy director-general for economic policy Monale Ratsoma has been appointed director-general of the Brazil, Russia, India, China and South Africa, or Brics, New Development Bank (NDB) Africa Regional Centre. The appointment is effective from April 16. 

Hydro denies Brazil alumina plant contaminated local environment

By: Reuters     10th April 2018 Aluminium producer Norsk Hydro denied on Monday its Alunorte alumina refinery in Brazil had contaminated local waters, contradicting the findings of a Brazilian public health group. Citing an internal study and a report commissioned from green consultancy SGW Services, Hydro said no evidence was... 

Centrogold proves positive for Avanco

By: Esmarie Swanepoel     10th April 2018 A scoping study into the Centrogold project, in Brazil, has indicated a strong potential for a high-grade, low capital mining operation, ASX-listed Avanco Copper said. The scoping study estimated an initial mine life of 11 years, with the project producing an average of 129 900 oz/y from a... 

World's top iron shipper says China import boom to level off

By: Bloomberg     9th April 2018 The world’s largest iron-ore exporter delivered a mixed message on the outlook, raising near-term price forecasts, but combining that revision with a more somber message that China’s gargantuan imports are set to level off as steel production eases in the coming years. Iron-ore will average... 

Anglo American suspends Minas-Rio for 90-day pipeline check

By: Marleny Arnoldi     3rd April 2018 Diversified miner Anglo American on Thursday evening suspended operations at its Minas-Rio iron-ore mine, in Brazil, for pipeline checks, following a minor leak.  

Cliffs to break ground on first hot-briquetted iron plant Thursday

By: Henry Lazenby     3rd April 2018 US iron-ore company Cleveland-Cliffs of Ohio expects to break ground on its first hot-briquetted iron (HBI) plant in Toledo on Thursday. The $700-million plant signals a strategic step change for the company, whose HBI product is expected to supply the growing electric arc furnace (EAF) steel... 

Short retention time silo installed in Thailand

     30th March 2018 A recent milestone for project manager and equipment designer Bosch Projects, in conjunction with its technology partners in Thailand, was the development of a new short retention time (SRT) refined sugar conditioning silo, designed to significantly reduce conditioning time and capital investment... 

Serabi announces $8m raising for Brazil projects

By: Creamer Media Reporter      29th March 2018 Aim- and TSX-listed Serabi Gold has announced an $8-million raising capital raising, which alongside the previously announced $15-million that was raised from Greenstone, will underpin accelerated development at its projects in Brazil. The $8-million placing of new shares at 3.6p each is being... 

Hydro to start shutdown of Brazil alumina lines by mid-April – sources

By: Reuters     28th March 2018 The Alunorte refinery in northern Brazil, owned by Norway's Norsk Hydro, will start shutting down half of its alumina capacity in the next two weeks to preserve equipment, two people familiar with the matter said on Tuesday. The world's largest alumina refinery, situated in Brazil's Amazon... 

Alunorte refinery needs to return to full output soon – Hydro

By: Reuters     27th March 2018 Aluminium producer Norsk Hydro needs to return soon to full output at its Alunorte alumina refinery in Brazil to avoid shutting down production lines completely, it said on Tuesday. Last month Brazilian authorities ordered Hydro to temporarily halve its output from the plant after they said a... 

Maputo faces possible water crisis

By: African News Agency      27th March 2018 Mozambique’s capital Maputo could follow Cape Town’s water crisis with the El Nino phenomenon in the Pacific Ocean which is responsible for the current drought in southern Africa effecting Mozambique this year, the country’s National Meteorological Institute has warned, AllAfrica has reported.... 

Oz Minerals makes A$418m bid for Brazil-focused Avanco

By: Esmarie Swanepoel     27th March 2018 The directors of ASX-listed copper junior Avanco have urged shareholders to accept a A$418-million cash and scrip offer from copper/gold miner Oz Minerals. Oz Minerals on Tuesday launched its takeover offer of 8.5c in cash and 0.009 shares for every Avanco share held. The offer price valued... 

South Korea steel shares rise on US steel tariff exemption

By: Reuters     26th March 2018 South Korea's steelmakers rose on Monday, with market heavyweight Posco leading the overall sector after the United States agreed to exempt South Korea from its new steel tariffs. Washington will impose a quota on steel imports instead, while South Korea in return will improve access for U.S.... 

Global crude steel production increases 3.5% y/y in February

By: Simone Liedtke     26th March 2018 Global crude steel production increased by 3.5% year-on-year to 131.8-million tonnes in February, the World Steel Association (worldsteel) reported on Monday. Africa’s crude steel production increased by 4% year-on-year to 1.1-million tonnes, mainly as a result of a 7.6% year-on-year increase in... 

Largo narrows FY17 loss as record Q4 output, rising metal prices boost bottom line

By: Henry Lazenby     24th March 2018 Canadian vanadium producer Largo Resources has narrowed its net loss for 2017 to C$10.4-million, or C$0.02 a share, as record fourth-quarter production dovetailed into higher realised prices for its vanadium pentoxide (V2O5) product. Largo set a new monthly production record in December at its... 

South Africa makes formal request for exclusion from US metals tariffs 

By: Terence Creamer     23rd March 2018 Trade and Industry Minister Dr Rob Davies has made a formal submission to the US requesting the exclusion of South Africa from the imposition of duties on steel and aluminium products. A provision allowing for country-based exclusions from a 25% increase in the steel tariff and a 10% duty on... 

Alstom pitching integrated tram system to SA municipalities

By: Anine Kilian     23rd March 2018 French multinational company Alstom is in talks with various municipalities around South Africa on an integrated tramline system, using Alstom-developed SRS technology. Speaking to Engineering News Online during a tour of Alstom’s tram manufacturing facility in Reims, France, last week, Alstom... 

Trump temporarily excludes EU, six other allies from steel tariffs

By: Reuters     23rd March 2018 US President Donald Trump has temporarily excluded six countries, including Canada and Mexico, and European Union states from higher US import duties on steel and aluminum meant to come into effect on Friday. In a Presidential proclamation published late on Thursday, Trump said he would suspend... 

Orinoco raises cash for Cascavel

By: Esmarie Swanepoel     23rd March 2018 Gold miner Orinoco Gold has raised A$12.1-million in a share placement to ramp-up production at its Cascavel operation, in Brazil, and to unlock value from its exploration assets. Orinoco will place more than 115.8-million fully paid ordinary shares, along with one free attaching option on a... 

South Africa ready to take over Brics Business Council chairmanship

By: African News Agency      23rd March 2018 Africa is set for a decade of "unbelievable growth and prosperity".  This is according to Dr Iqbal Survé, chairman of the SA chapter of the Brics Business Council, who will take up the annual rotating chairmanship of the overall Brics Business Council (BBC) at the mid-term meeting which takes... 

Ferrexpo hikes dividend, sees better demand this year

By: Reuters     22nd March 2018 Iron-ore pellet producer Ferrexpo announced a record dividend on Wednesday as earnings jumped on stronger demand from the steel industry. The London-listed firm, the third largest exporter of pellets, said 2017 underlying earnings before interest, tax, depreciation and amortisation (EBITDA)... 

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