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Imminent global water shortfall can be managed through partnerships

By: Natasha Odendaal     22nd March 2019 The world has just over one decade to resolve the ever-diminishing supply of water or face a 40% shortfall and demand management is the fastest, cheapest strategy to get started on resolving the challenge. One year after the release of a World Bank study that showed that maintaining a... 

New signs of hope for junior miners, says Minerals Council’s Chabana 

By: Simone Liedtke     22nd March 2019 Despite the sector having been relatively unorganised and with junior mining companies rarely given an opportunity to influence national mining policy, Minerals Council South Africa public affairs and transformation senior executive Tebello Chabana believes there are “new signs of hope and... 

Sheppard appointed Konkola CEO – Business Day

By: Tasneem Bulbulia     22nd March 2019 Business Day on Friday reported that Chris Sheppard had been appointed CEO of Vedanta Resources’ Konkola Copper Mines (KCM) subsidiary, in Zambia. Sheppard was the former head of AngloGold Ashanti’s South African business. 

India’s crude oil imports from Iran, Venezuela come under US pressure

By: Ajoy K Das     22nd March 2019 India is negotiating with the US for exemptions from “extended sanctions” to maintain its current level of crude oil imports from Iran, but the country is also under pressure from the US administration to halt all crude purchase from Venezuela. According to officials here familiar with ongoing... 

Mkango files technical report for Songwe Hill

By: Tasneem Bulbulia     22nd March 2019 Malawi-focused Mkango Resources has filed a National Instrument 43-101-compliant technical report for the Songwe Hill rare earths project resource update announced on February 4. With the filing of the technical report, Mkango has fulfilled the condition for Talaxis to advance the next £7-million... 

Exxaro terminates Group 5 contracts

By: Tasneem Bulbulia     22nd March 2019 Exxaro has decided to terminate its agreement with Group Five Construction subsidiary, Group 5 Projects, with effect from March 21, following Group Five’s announcement that it has embarked on business rescue proceedings. Exxaro in April 2017 appointed Group 5 Projects to build a new small coal... 

Now BHP will earn into Luminex projects in Ecuador

By: Creamer Media Reporter      22nd March 2019 Canadian junior Luminex Resources has brought in another major miner to earn into its projects in Ecuador, announcing a letter of intent to enter into a farm-in and joint venture (JV) agreement with BHP over the Tarqui 1 and 2 mining concessions. BHP will have the right to earn up to a 70%... 

Tanzania to start talks for $30bn LNG project in April

By: Bloomberg     22nd March 2019 Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said. The talks are aimed at reaching a so-called Host Government Agreement, the pact that governs the rights and obligations of parties... 

Hudbay wraps up Rosemont permitting process

By: Mariaan Webb     22nd March 2019 TSX- and NYSE-listed Hudbay Minerals has wrapped up the permitting process for the Rosemont mine in Arizona, having received the approved mine plan of operations (MPO) from the US Forest Service. The issuance of the MPO is the final administrative step in the permitting process. 

Doray shareholders agree to Silver Lake takeover

By: Esmarie Iannucci     22nd March 2019 The shareholders of gold miner Doray Minerals on Friday approved a merger with fellow-listed Silver Lake Resources. Under the proposed merger, Doray shareholders will receive 0.6772 Silver Lake shares for every Doray share held. Silver Lake shareholders will hold a 62.7% interest in the combined... 

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