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Specialist to showcase latest international developments

     14th July 2017 Global engineering company Sulzer will be highlighting the specialist services it has on offer for gas turbines operators and other rotating equipment at this year’s POWER-GEN & DistribuTECH Africa. 

Muted growth forecast for Europe’s mining industry

By: Creamer Media Reporter      13th July 2017 Mining and metals companies operating in Europe are set to remain in recovery mode, as a sluggish recovery in mineral prices keep investment activity subdued, while environmental regulations will pose headwinds for coal-producing countries. BMI Research said on Thursday that mineral prices were... 

Construction formally starts at Salamanca uranium mine

By: Creamer Media Reporter      12th July 2017 ASX- and Aim-listed Berkeley Energia has advanced its Salamanca uranium project from the development phase to the construction phase with the delivery of the primary crusher to the site in western Spain. The 400-t/h crusher was manufactured by Sandvik Group, in Finland, and was one of the... 

Avalon raises $3.3m for Ecuador exploration, Finland project

By: Mariaan Webb     5th July 2017 Australia-based Avalon Minerals has unveiled plans to raise $3.3-million, comprising a $2.3-million share placement and a $1-million share purchase plan (SPP), to advance its projects in Ecuador and Finland. The proceeds of the placement and the SPP will mainly be used to fund exploration at the... 

France's EDF raises cost estimates for UK's Hinkley Point after review

By: Reuters     3rd July 2017 French state-owned utility EDF flagged a construction cost overrun at its Hinkley Point C nuclear power station in Britain on Monday, in a new blow for a group of EDF projects already facing delays, rising costs and other problems. After a review, EDF said the cost of completion had increased by... 

Karelian granted claim reservation over area which may contain new kimberlite

By: Mariaan Webb     28th June 2017 Prospector Karelian Diamond has been granted a claim reservation in the Kaavi region of Finland, which the Aim- and ESM-listed company is hoping could lead to the discovery of a new kimberlite in the area. The 8.67 km2 claim reservation is for the area surrounding its Lahtojoki mining concession... 

South African to lead World Farmers' Organisation

By: Creamer Media Reporter      13th June 2017 Former Agri SA deputy president Dr Theo de Jager has become the first South African to be elected president of the World Farmers' Organisation (WFO), in Helsinki, Finland. The WFO is an organisation of agricultural producers that aims to strengthen farmers’ positions within value chains, with a... 

Meeting sought to remove six Conroy Gold directors

By: Mariaan Webb     9th June 2017 Irish gold explorer Conroy Gold and Natural Resources has received a requisition for a general meeting to remove six directors and appoint three new ones. The company, which is exploring and developing projects in Ireland and Finland, said on Thursday that a request was made for certain... 

Western Areas sells stake in Bluejay for A$27m

By: Esmarie Swanepoel     9th June 2017 Nickel miner Western Areas has sold its 18.8% interest in Aim- and FSE-listed Bluejay Mining for A$27-million, the company announced on Friday. "This transaction will return material value back to Western Areas following a period of significant growth and value generation by Bluejay. It also... 

Reducing inequality through inclusive agro-allied industrialisation

     9th June 2017 Much has been said regarding the level of poverty in Africa. But why are we poor? We are poor mainly because of the increasing risk of self-reinforcing poverty conditions in rural economies, which have manifested themselves in the wide gap between the urban and rural economies in African... 

Explorer Lionsgold raises cash for India, Finland projects

By: Mariaan Webb     8th June 2017 Aim-listed gold explorer Lionsgold said on Thursday it had undertaken a share placing to raise £550 000 before expenses, which would be used to advance its projects in India and Finland. Lionsgold placed 50-million shares at 1.1p a share, with CEO Cameron Parry, through his family owned trust,... 

Lundin to trade on Nasdaq Stockholm

By: Mariaan Webb     1st June 2017 Canadian base metals miner Lundin Mining has been given approval for listing its shares on Nasdaq Stockholm, with trading set to start next week under the trading symbol ‘LUMI’. Lundin is converting Swedish Depository Receipts (SDRs) to shares for trading on Nasdaq Stockholm and will not be... 

Turkey’s mining sector to outperform most European peers, but risks persist

By: Mariaan Webb     31st May 2017 Turkey’s mining sector is forecast to be one of the fastest growing in Europe, with the country boasting a “healthy” project pipeline of up to ten new projects, but ongoing political and social unrest has been flagged as a threat to the positive outlook. Research firm BMI is forecasting average... 

Eurasia to apply for Russian palladium, platinum project discovery certificate

By: Mariaan Webb     31st May 2017 Russia-based Eurasia Mining has hit a significant milestone in the advancement of its Monchetundra palladium and platinum project, with the Russian State Agency for Subsoil Use (Rosnedra) approving the project’s reserves report and feasibility study. The approval allows Eurasia to apply for a... 

Bluejay advances permitting process for Greenland titanium project

By: Mariaan Webb     30th May 2017 Aim- and FSE-listed Bluejay Mining has concluded the public preconsultation phase of the permitting process for its Pituffik titanium project, in Greenland, and will now move on to the public consultation phase of the final draft environmental-impact assessment (EIA) and social-impact assessment... 

Beowulf provides update on Finland graphite exploration

By: Mariaan Webb     24th May 2017 Mineral explorer and developer Beowulf Mining is starting to put some scale to the mineralisation at its Aitolampi prospect, in Finland, with recent drilling having confirmed that electromagnetic anomalies are associated with wide zones of graphite mineralisation. The company, which trades on... 

From Yukon to Patagonia, gold explorers stir after sleep

By: Bloomberg     19th May 2017 From Canada’s Yukon to southern Patagonia, outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery. The number of holes drilled at gold deposits has been rising steadily for more than a year, according to S&P Global Market Intelligence. 

Beowulf raises £1.5m for Sweden, Finland projects

By: Mariaan Webb     17th May 2017 Exploration and development company Beowulf has raised £1.5-million to support its iron-ore, polymetallic and graphite activities in Sweden and Finland, the Aim-listed company reported on Wednesday. The funds will be used for a scoping study on the Kallak magnetite iron-ore project and to... 

Daimler testing the effects of augmented lighting on health of truckers

By: Irma Venter     12th May 2017 A research team from German truck maker Daimler recently explored an interesting question in the darkness of Finland’s polar night: Does the biological effect of light have a positive influence on the wellbeing and performance of truck drivers? Eight Daimler test drivers simulated two typical... 

Savannah Resources nears completion of mineral sands scoping study 

By: Megan van Wyngaardt     5th May 2017 Aim-listed exploration and development company Savannah Resources is nearing completion of a scoping study at its Mutamba heavy mineral sands project, in Mozambique. CEO David Archer on Friday told Mining Weekly Online that the company was now “moving things forward at a pace that [our joint... 

Upbeat Q1 earnings prove Agnico fires on all cylinders

By: Henry Lazenby     28th April 2017 Canadian gold major Agnico Eagle Mines has reported buoyant first-quarter earnings on Thursday, nearly tripling profit on the back of increased output and higher precious metal prices. Excluding special items for the three months ended March 31, Toronto-based Agnico reported adjusted profit of... 

Can fake daylight in truck cabs lead to better driver performance?

By: Irma Venter     19th April 2017 A research team from German truck maker Daimler recently explored an interesting question in the darkness of Finland’s polar night: Does the biological effect of light have a positive influence on the wellbeing and performance of truck drivers? Eight Daimler test drivers simulated two typical... 

Rare resources discovered in Queensland

By: Esmarie Swanepoel     18th April 2017 Queensland could likely play host to a number of rare minerals, as geologists have unearthed evidence suggesting the presence of platinum and gold as well as rare earth elements (REE). “This may be a whole new frontier for Queensland,” Natural Resources and Mines Minister Dr Anthony Lynham said... 

France’s new nuclear firm pursuing SA research reactor deal

By: Keith Campbell     14th April 2017 Newly created French nuclear company TechnicAtome plans to bid for South Africa’s planned new research reactor. The South African Nuclear Energy Corporation (Necsa) is planning a p rogramme to replace its current research reactor, SAFARI-1, which is now more than 50 years old. "We are absolutely... 

Dragon abandons ASX listing

By: Esmarie Swanepoel     31st March 2017 Gold miner Dragon Mining will delist from the ASX in favour of a listing on the Hong Kong Stock Exchange, with the company telling shareholders that it is also planning a A$17.5-million capital raise in conjunction with this new listing. Dragon on Friday said a delisting from the ASX was in the... 

Swedish miner says Donald Trump doesn't hold key to metal prices

By: Bloomberg     28th March 2017 The operator of some of Europe’s largest copper and zinc mines expects President Donald Trump’s plans to spend on US infrastructure to have much less impact on base-metal prices than the needs of burgeoning middle-class populations in emerging markets. That’s because projects in the US and other... 

Tertiary finalises sale of Finnish gold assets

By: Anine Kilian     22nd March 2017 Aim-listed Tertiary Minerals has completed the sale of its noncore gold assets in Finland to Canadian precious metals miner Aurion Resources for £100 000 in cash and shares. The assets include Kaaresselkä and Kiekerömaa and Tertiary will retain a royalty interest in these two projects. 

Beowulf makes exploration progress at graphite project

By: Anine Kilian     13th March 2017 Swedish mineral exploration and development company Beowulf has completed four diamond drill holes at its Aitolampi graphite prospect, in Finland. About 505 m have been drilled in total, with drill holes extended 350 m along strike for the main conductive zone. 

In world first, MAC members commit to voluntary principles on security and human rights

By: Henry Lazenby     3rd March 2017 Members of the Mining Association of Canada (MAC) on Thursday committed to implementing the Voluntary Principles on Security and Human Rights (VPs) – a world first for a mining association. The VPs were created in 2000 to help extractive sector companies balance the obligation to respect human... 

MCA urges states to do more to attract mining investment

By: Esmarie Swanepoel     1st March 2017 The Minerals Council of Australia (MCA) has urged state and territory governments to “raise their game” to attract mining investment, pointing to the latest data from the Canada-based Fraser Institute that shows Australian states are slipping in terms of investment attractiveness and policy... 

SMS group to modernize entry section of a pickling line at SSAB in Finland

     6th February 2017 SSAB has awarded SMS group www.sms-group.com an order covering the modernization of a continuous pickling line entry section in its Hämeenlinna plant. This modernization will significantly increase the line’s availability and its output as well as the degree of automation and safety. Especially... 

Karelian excited by diamond find in Finland 

By: Anine Kilian     31st January 2017 The Geological Survey of Finland has, on behalf of Finnish diamond exploration company Karelian Diamond Resources, discovered a rare diamond in the Kuhmo region of eastern Finland. The diamond is a clear, pale green dodecahedron and measures 0.7 mm x 0.75 mm x 0.7 mm. 

Finland thinking of new version of South African missile to equip its ships 

By: Keith Campbell     27th January 2017 Earlier this month a senior officer of the Finnish Navy indicated that his service was interested in acquiring an improved version of the South African Umkhonto naval surface-to-air missile (SAM). Commodore (Cdre) Veli-Pekka Heinonen was talking to the journal “IHS Jane’s Navy International”.... 

MAC’s TSM initiative emerges as proven mining sustainability standard

By: Henry Lazenby     17th January 2017 The Mining Association of Canada (MAC) has released its twelfth yearly ‘Towards Sustainable Mining’ (TSM) progress report, highlighting the significant impact the initiative has had over the years to foster sustainability practices among its members. According to the MAC, Vancouver-based... 

Finland considering updated South African missiles for fleet modernisation

By: Keith Campbell     16th January 2017 Last week a senior officer of the Finnish Navy indicated that his service was interested in acquiring an improved version of the South African Umkhonto naval surface-to-air missile (SAM). Commodore (Cdre) Veli-Pekka Heinonen, was talking to the journal “IHS Jane’s Navy International”. Cdre... 

Contract miner dies at Agnico Eagle’s Kittilä mine, Finland

By: Henry Lazenby     16th December 2016 A contractor has died in a mining accident at TSX- and NYSE-listed Agnico Eagle’s Kittilä mine, in northern Finland. The miner said Thursday that the accident occurred underground on level 325 of the mine, however, details and exact cause are not yet known. 

Umkhonto missile export programme now in its final stages

By: Keith Campbell     16th December 2016 South African State-owned defence industrial group Denel announced at the end of last month that extensive testing of the Denel Dynamics Umkhonto (“Spear”, in English) naval surface-to-air missile, for an export customer, would take place early next year. The Umkhonto forms part of the armament... 

Mawson Resources signs drill contract

By: Anine Kilian     7th December 2016 TSX-listed Nordic exploration company Mawson Resources has initiated a more than 10 000 m diamond drill contract and 700-hole base-of-till drill programme at its 100%-owned Rompas-Rajapalot gold project, in northern Finland. The company noted on Tuesday that the diamond drill programme would... 

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