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Beowulf inks graphite collaboration deal with Finnish university

By: Creamer Media Reporter      17th April 2018 Aim-listed Beowulf has signed a graphite collaboration agreement with Åbo Akademi University, formalising an agreement that the company has forged with the university, in Turku, Finland, over several years. The agreement is focused on knowledge sharing, the identification of graphite prospects,... 

Afarak may re-domicile as it progresses Helsinki delisting plans

By: Simone Liedtke     11th April 2018 Vertically integrated specialty alloys producer Afarak is considering changing its domicile from Finland, as the company continues to advance plans to delist from the Nasdaq Helsinki Stock Exchange, leaving it with a listing on only London’s Aim. In an update regarding its delisting plans, which... 

Lionsgold says Finland JV making good progress, ups stake to 30%

By: Creamer Media Reporter      10th April 2018 London-listed Lionsgold on Tuesday reported progress at its Finland operations, noting that the joint venture (JV) company, Kalevala, had received approval to process 200 t of material from the Kuikka deposit as part of the commissioning of a gold recovery pilot plant for planned bulk sampling.... 

Dormant Swedish mine comes alive in rush for car batteries

By: Bloomberg     6th April 2018 The global race to develop batteries for electric cars is reaching deep into the pine forests of central Sweden, where a dormant graphite mine is getting a new lease on life. Woxna, situated about 259 km north of Stockholm, was mothballed in 2001 amid a slump in prices. Now, a Canadian company... 

Beowulf releases Finland graphite drilling results

By: Marleny Arnoldi     23rd March 2018 Aim-listed exploration and development company Beowulf on Friday announced the preliminary drilling results for its latest drilling campaign at its Aitolampi graphite project in Finland.  

Pöyry awarded EPCM services assignment for expansion investment of Agnico Eagle Finland gold mine in Kittilä, Finland

     22nd March 2018 Agnico Eagle Finland Oy has awarded Pöyry with the Engineering, Procurement and Construction Management (EPCM) assignment for the expansion investment of the Kittilä gold mine. The assignment includes services for the gold mine expansion project that will be carried out between 2018 and 2021. The... 

Biomass: untapped potential in Africa

     20th March 2018 There is significant potential for biomass power generation to supplement the energy mix and support Speaking ahead of the pan-African power sector forum POWER-GEN & DistribuTECH Africa 2018, international power sector experts participating in the conference noted that biomass optimisation... 

New energy, environment partnership to further continental economy

By: Megan van Wyngaardt     12th March 2018 A new Energy and Environment Partnership (EEP) trust fund, covering Southern and East Africa was launched on Monday, with a combined commitment of €25-million from Finland and the Nordic Development Fund (NDF). The EEP is a multidonor fund providing early-stage grant and catalytic financing to... 

Conference to shed light on CO2-based production technologies

     9th March 2018 The sixth edition of the international Carbon Dioxide as Feedstock for Fuels, Chemicals and Polymers conference will take place in Cologne, Germany in mid-March. More than 200 industry and research experts are expected to attend the symposium. Organiser, independent institute Nova-Institute, has... 

Bluejay scoops Greenland prospector and developer award

By: Creamer Media Reporter      6th March 2018 Dual-listed Bluejay Mining has been awarded the ‘Prospector and Developer of the Year 2017’ award by the Greenland government. The award is given to companies or individuals who have demonstrated initiative and innovation within Greenland's mineral industry, robust environmental practices and... 

Finnish nickel mine founder files for bankruptcy

By: Reuters     6th March 2018 Finland's Ahtium Oyj , formerly named Talvivaara Mining Company, which ran a troubled nickel mine in northern Finland, said on Tuesday it had filed for bankruptcy after failing to secure financing for future projects. Ahtium is the former owner of the mine which leaked waste water in 2012 and... 

Fully autonomous vehicle set for October trial in SA 

By: Irma Venter     6th March 2018 The first fully autonomous vehicle may make its debut in South Africa in October, as part of the inaugural Future Mobility Africa event, organised by the Mobility Centre for Africa (MCA). The two electric-powered candidates for the first fully autonomous vehicle trial in South Africa are,... 

Africa’s leading industry trade fair prepares to open its doors

By: Creamer Media Reporter      6th March 2018 The countdown has begun: bauma CONEXPO AFRICA opens its doors for the third time in one week. The largest trade fair for construction machinery, building material machines, mining machines and construction vehicles in Africa continues to attract international participation, highlighted by four... 

Beowulf continues to lobby Swedish govt for Kallak North concession

By: Simone Liedtke     5th March 2018 Aim-listed mineral exploration and development company Beowulf Mining's CEO Kurt Budge has written to the Swedish government in response to the government's request for final comments in respect of the company's application for an exploitation concession for the Kallak North iron-ore project.... 

Miner Freeport says no plans to sell Congo cobalt asset as buyers circle

By: Reuters     27th February 2018 Several parties are interested in buying Freeport-McMoRan's cobalt project in the Democratic Republic of Congo but not at a price that would interest the miner and so it is not planning a sale, Freeport's chief executive officer said. As a result, Freeport is looking at other options for the... 

Dragon Mining updates ore reserves

By: Anine Kilian     23rd February 2018 ASX-listed Dragon Mining has completed an update of its ore reserves, increasing its total proved and probable reserves to 2.32-million tonnes, grading 3.1 g/t gold for 232 000 oz – the highest tonnage level since Dragon started activities in the Nordic region. The updated reserve represents an... 

Finland takes top spot for mining-friendly investment 

By: Henry Lazenby     23rd February 2018 Finland has ousted Saskatchewan as the top international jurisdiction for mining investment, Canada's Fraser Institute announced on Thursday. Canada's leading independent think-tank, the Fraser Institute, administers its Annual Survey of Mining Companies and ranks jurisdictions around the world... 

South Africa retains dubious corruption rating

By: News24Wire      22nd February 2018 Corruption Watch has expressed concern over South Africa dropping down the rankings of the latest Corruption Perceptions Index (CPI) released by Transparency International. Corruption Watch's Phemelo Khaas said South Africa's score dropped from 45 in 2017 to 43 this year, and although it seems "a... 

Beowulf is back drilling at Aitolampi, Finland

By: Creamer Media Reporter      16th February 2018 Aim-listed Beowulf has started drilling at its Aitolampi graphite project, which forms part of the Pitkäjärvi 1 exploration permit in Finland. The company has plans to drill about 2 000 m, up to 15 drill holes, with the drilling programme split into two phases. The drilling contract has been... 

Global wind energy installations remain above 50 GW - GWEC

By: Simone Liedtke     14th February 2018 Installations in the global wind energy market remained above 50 GW in 2017, with Europe, India and the offshore sector having had record years. The Global Wind Energy Council (GWEC) on Wednesday released its 2017 market statistics, which highlighted a decrease to 19.5 GW for Chinese... 

Global aeronautics body promoting networking among young researchers

By: Rebecca Campbell     9th February 2018 The International Forum for Aviation Research (IFAR) is seeking to develop international interactions between young professionals working in both technical and non-technical areas of aviation research around the world. This initiative is described as “early career networking” and is a focus area... 

Multinational initiative stimulating intraregional East African trade

By: Rebecca Campbell     2nd February 2018 The multinational TradeMark East Africa (TMEA) initiative has been bearing fruit and, with its first phase having proved a success, it is now moving into its second phase. TMEA involves Burundi, Kenya, Rwanda, South Sudan, Tanzania and Uganda, and is focused on promoting trade between the... 

Swedish steel plant to run on hydrogen

By: Reuters     1st February 2018 Steelmaker SSAB plans to build the world's first fossil fuel-free steel plant powered by hydrogen, backed by utility Vattenfall and miner Luossavaara Kiirunavaara, the Swedish firms said on Thursday. The pilot venture will aim to develop technology to later make SSAB's entire production... 

Nornickel says palladium output may fall in 2018

By: Reuters     31st January 2018 Norilsk Nickel, the world's largest palladium producer, said on Wednesday its production of palladium could decline in 2018, while the output of nickel from Russian raw material would remain flat. Nornickel, part-owned by Russian tycoon Vladimir Potanin and aluminium giant Rusal, previously said... 

Beowulf to restart drilling at Finland graphite project

By: Mariaan Webb     30th January 2018 London-listed Beowulf Mining will restart drilling at its graphite project in Finland in March, as it steps up work to achieve a target of having a graphite asset in production in the next two to three years. The company’s current focus is the Aitolampi project, about 40 km south-west of the... 

Gold Fields sells Finnish platinum project

By: Creamer Media Reporter      24th January 2018 Dual-listed Gold Fields has sold its palladium-rich, polymetallic Arctic platinum project (APP), in northern Finland, to Finnish subsidiary of private equity fund CD Capital Natural Resources Fund III. The purchase consideration includes $40-million in cash and a 2% net smelter return royalty on... 

Canadian miners welcome new federal business ethics ombudsman

By: Henry Lazenby     18th January 2018 Canada’s Liberal government has introduced a new federally mandated Ombudsman for Responsible Enterprise (CORE) to investigate human rights complaints about the overseas operations of Canadian companies. The watchdog will investigate complaints and, if warranted, will make recommendations to... 

Dragon updates mineral resources for Nordic mines

By: Megan van Wyngaardt     11th January 2018 ASX-listed Dragon Mining has updated its mineral resources for its Nordic projects, returning a combined total mineral resource of 13.6-million tonnes, grading 3. 3 g/t gold for 1.43-million ounces. This represented a 2.28% decrease in tonnes and a 0.35% decrease in ounces after depletion for... 

Mondi Group signs agreement to acquire Powerflute

By: African News Agency      22nd December 2017 Packaging and paper company Mondi Group said on Friday it had signed an agreement to acquire 100% of the outstanding shares in Powerflute Group, a division of Nordic Packaging and Container Holdings for €365-million. Powerflute operates an integrated pulp and paper mill in Finland with an annual... 

Philippines miners adopt Canadian mining sustainability principles

By: Henry Lazenby     20th December 2017 The Chamber of Mines of the Philippines (COMP) has announced that it will adopt a mining sustainability standard developed by the Mining Association of Canada, called the Towards Sustainable Mining (TSM) initiative. The announcement made the Philippines the first Southeast Asian nation to adopt... 

South Africa ranks low on global knowledge index 

By: Megan van Wyngaardt     18th December 2017 South Africa has scored 42 points on The Knowledge Project’s first Global Knowledge 100-point Index, against a world average of 47. The index identifies knowledge as an integral part of human life, affecting its social, economic and cultural aspects, as well as an engine for comprehensive and... 

Rigging the nuclear outcome?

By: Saliem Fakir     15th December 2017 At the time of writing, it appeared nuclear would be ramped through before the African National Congress elective conference, which starts on December 16. New Energy Minister David Mahlobo says we need nuclear. There have been a lot of platitudes about jobs and industrialisation, and that nuclear... 

Banding & ID Solutions SA represents Africa at UK sales conference

     4th December 2017 Banding & Identification (ID) Solutions South Africa was the only African representative at the recent EMEA sales conference in early October, organised by Band-It UK. In attendance were Senior Sales Representative Matthew Campbell and Sales Director Rosa Dos Remendos. The conference was hosted... 

European Cobalt zones in on Slovakia project

By: Mariaan Webb     28th November 2017 Explorer European Cobalt is stepping up efforts to tap into the growing market for cobalt, which is seen as one of the most important metals in the fast-growing energy storage market. The company, which estimates that in three years’ time one fifth of global cobalt demand will stem from electric... 

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,... 

Former Rio Tinto exec joins Lionsgold as consultant

By: Mariaan Webb     8th November 2017 Aim-quoted Lionsgold has recruited former Rio Tinto executive Alan Davies as a part-time consultant, the company announced on Wednesday, as it unveiled that its global digital currency, Goldbloc, would be launched in the in the Indian market next year. Davies, who was formerly the CEO of Rio... 

Bauma CONEXPO AFRICA: numerous industry leaders on board

By: Creamer Media Reporter      20th October 2017 The economic comeback of Sub-Sahara and positive market opportunities in South Africa are reflected in the number of companies that have already signed up for the upcoming bauma CONEXPO AFRICA. The third international trade fair for construction machinery, building material machines, mining... 

‘Absolutely no need' for nuclear, Dames says in State-capture testimony

By: Kim Cloete     18th October 2017 Former Eskom CEO Brian Dames has revealed that he faced a breakdown in communication between the board and management, as well as death threats during his time at the state utility.  He has also told Parliament’s Portfolio Committee on Public Enterprises that there is "absolutely no need" for... 

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