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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... 

Niger must halt job cuts at Areva's uranium mine, group says

By: Bloomberg     18th October 2017 Activists in Niger urged President Mahamadou Issoufou to negotiate with Areva SA after the French company said it will cut 200 jobs at one of its uranium mines in the West African nation to adjust to lower prices for the nuclear fuel. “It’s absolutely untrue that the only solution is to lay off... 

Beowulf aims to establish producing graphite mine within three years

By: Creamer Media Reporter      2nd October 2017 Explorer and developer Beowulf Mining remains committed to establishing a producing graphite mine in eastern Finland within the next three years, CEO Kurt Budge said on Monday, announcing the results of a testwork programme at the Aitolampi project. The latest testwork delivered positive results,... 

Pretoria to host forestry industrialisation conference next month

By: Schalk Burger     29th September 2017 The Forestry Industrialisation Conference, to be hosted by State-owned forestry company Safcol on Oct 4 and 5, will highlight the potential of industrial and commercial forestry and wood products to support economic growth. Safcol chairman Lungile Mabece highlights the decline of commercial... 

Finnish firm Keliber pushes out DFS for lithium project to next year

By: Creamer Media Reporter      15th September 2017 Finland’s Keliber Oy has pushed back the completion of its definitive feasibility study (DFS) for its lithium project from the third quarter of this year to mid-2018, to allow for additional work programmes to be completed. The company announced on Friday that it would undertake additional... 

Smart regulation key to driving renewable energy sector

By: Anine Kilian     14th September 2017 Smart regulation and market stimulation are key drivers for growing the renewable energy sector and help reduce carbon dioxide (CO2) emissions, Finnish Economic Affairs and Employment Deputy Minister Petri Peltonen said on Thursday. Speaking to Engineering News Online on the sidelines of the... 

Southern African Power Pool could learn from Nordic countries’ approach to energy market

By: Natasha Odendaal     13th September 2017 Southern Africa can take heed of the success of the Nordic region’s achievement of energy security through successful cross-border trade and integration, its integrated markets and other critical elements of the Nord Power Pool. This is the message that emerged from the first day of the three-day... 

Eurasia in offtake negotiations with Glencore, Sinosteel and others

By: Mariaan Webb     4th September 2017 Precious metals miner Eurasia is in offtake negotiations with commodity trader Glencore, Chinese group Sinosteel and other unnamed parties for the life-of-mine production from its Monchetundra platinum and palladium project in Russia. In a projects update published on Monday, the company said... 

Beowulf chairperson to retire

By: Creamer Media Reporter      1st September 2017 Minerals explorer Beowulf Mining chairperson Bevan Metcalf has announced his intention to retire from his role with the company. Metcalf, who has been serving as executive chairperson since May 2015, will retire once a success has been appointed. 

Metso invests €1m in factories to improve production, safety levels

By: Ilan Solomons     1st September 2017 The capacity of diversified engineering group Metso’s Tampere factories, in Finland will be increased and occupational safety improved with the new production line for Lokotrack mobile crushing plants. The company says that the investment of about €1-million will significantly shorten the... 

Wärtsilä announces successful achievement of mechanical completion at the Tornio Manga LNG terminal

     31st August 2017 Wärtsilä Corporation, Trade press release 31 August 2017 at 10 am EET The technology group Wärtsilä has successfully reached an important milestone in the engineering, procurement and construction (EPC) contract of the Tornio Manga LNG terminal in Northern Finland. The mechanical completion of... 

Tharisa signs five-year chrome supply agreement with Tisco

By: Anine Kilian     24th August 2017 Platinum group metals and chrome coproducer Tharisa Minerals has entered into a five-year strategic cooperation agreement with steel producer Taiyuan Iron & Steel (Tisco’s) joint venture (JV) company Shanxi Taigang Wanbang Furnace Charge. Under the terms of the agreement, Tharisa will supply the... 

Six Conroy Gold directors removed at meeting

By: Mariaan Webb     7th August 2017 Six directors of Aim- and ESM-listed Conroy Gold and Natural Resources were removed at a general meeting on Friday and the minority shareholder who called the vote now wants the remaining three to be removed too. Conroy Gold, which explores in Ireland and Finland, reported on Monday that Patrick... 

New furnace equipment and air knife system for higher capacity and enhanced material range

     3rd August 2017 SSAB contracts SMS group to modernize hot-dip galvanizing line No. 3 in Finland SSAB has awarded SMS group www.sms-group.com a contract covering the modernization of its continuous hot-dip galvanizing line No. 3 in Hämeenlinna, Finland. The upgrade essentially involves the integration of an... 

Konecranes celebrates the delivery of the 1000th RTG

     3rd August 2017 Konecranes has been delivering Rail Mounted Gantry (RMG) cranes to intermodal operators all over the world for many years. This year marks the delivery of the 1000th Konecranes Rubber Tired Gantry (RTG) crane – a milestone in its impressive history. It was installed at the Georgia Ports Authority... 

Nokia to expand development and deployment of 5G FIRST as industry interest grows

     1st August 2017 Clear interest for 5G mobility applications already emerging from operators, notably in markets like the US, China, Japan and South Korea 5G mobility standard integrated into the Nokia 5G FIRST end-to-end solution Trialing of rapidly evolving 5G technology and commercial applications as market... 

PEA recommends opencut diamond mine in eastern Finland – Karelian

By: Mariaan Webb     1st August 2017 Dublin-headquartered Karelian Diamond Resources has received the results of a preliminary economic assessment (PEA) for its Lahtojoki kimberlite pipe in eastern Finland, which recommends that a mine should be developed to extract more than $200-million worth of diamonds. The PEA, which was... 

S2 turns its eye to US assets

By: Esmarie Swanepoel     1st August 2017 Junior S2 Resources has struck a deal with TSX-V listed Renaissance Gold to earn a 70% interest in three highly prospective gold exploration properties in Nevada. At each of the properties, S2 will be required to spend a minimum of $200 000 within two years, and could earn a 70% stake in each... 

Norilsk Nickel ups Q2 palladium output, nickel volumes fall

By: Mariaan Webb     31st July 2017 Russian miner Norilsk Nickel has substantially increased its second-quarter platinum group metals (PMGs) production, while nickel volumes decreased in the three months under review. Group palladium production increased by 41% quarter-on-quarter to 781 000 oz and platinum production rose by 46%... 

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... 

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. 

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