Claim against Vedanta, KCM given the green light to proceed in court

A legal claim on behalf of 1 826 Zambian villagers against global diversified metals and mining company Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) has been given the... 

Canadian gold producer invests $11m in embattled Vantage Goldfields

Canadian gold producer AfroCan Resources Gold will invest $11-million over the next two months into South African gold miner Vantage Goldfields, effective June 1, following an agreement signed... 

Construction of Paringa’s Buck Creek No 2 mine due to start in 2017

With the permitting process now under way for Buck Creek No 2 mine, located in the Western Kentucky region of the Illinois basin, owner Paringa Resources expects construction of the mine to begin... 

Sphere sees $14m loss after suspending development at Askaf

Having decided to slow down development at its main Askaf iron-ore project, in Mauritania, in October, Glencore subsidiary Sphere Minerals reported a net loss of $14-million from continuing... 

About 70% of total tonnes mined at Devon, reports GME

Since starting production at its 100% owned Devon gold mine, in Western Australia, ASX-listed junior developer GME Resources has mined about 70% of the total tonnes, including waste and ore. The... 

Lithium Australia joins forces with TSX-listed Alix to develop concession in Mexico

Following a memorandum of understanding signed Thursday, ASX-listed junior developer Lithium Australia has joined forces with TSX-listed Alix Resources to develop the lithium-extraction... 

Joint panel formed to review Teck Resources oil sands project

A three-member joint panel of environmental experts has been established to review diversified miner Teck Resources’ proposed Frontier oil sands mine project, in Northern Alberta, announced... 

Wildfire-hit Athabasca Oil resumes operations at Hangingstone

TSX-listed energy company Athabasca Oil Corporation has resumed operations at its Hangingstone facility, 20 km south of Fort McMurray, which has been engulfed by a Canadian wildfire starting in... 

Unionised employees strike at Kinross Gold’s Mauritania mine

Following a strike notice issued earlier this month, unionised employees at Kinross Gold's Tasiast mine, in Mauritania, on Tuesday embarked on strike action. Kinross said in a statement that it... 

Aggressive drilling programme under way at Gascoyne’s Dalgaranga

Following the completion of a prefeasibility study of its 80%-owned Dalgaranga gold project earlier this year, which proved the project to be a robust development, ASX-listed gold hopeful Gascoyne... 

APC’s Dartbrook mine has coal resource estimate of 1.2bn tonnes

ASX-listed junior Australia Pacific Coal (APC) has identified a total coal resource estimate of 1.2-billion tonnes at its New South Wales-based Dartbrook coal mine, confirming the newly acquired... 

Proposal to extend ‘water trigger’ to shale, tight gas unnecessary, says Appea

Australia’s Labor government on Tuesday moved to extend the contentious ‘water trigger’ legislation to shale and tight gas projects. Introduced in 2013, the water trigger legislation was an... 

Bacanora raises $11.2m for Sonora lithium project

TSX-V- and Aim-listed project developer Bacanora Minerals has raised $11.2-million for its Mexico-based Sonora lithium project, which is considered one of the largest lithium resources worldwide.... 

Global steel production down 0.5% y/y in April

Despite clawing its way back in recent months from a brief slump in January and February, global crude steel production fell 0.5% year-on-year to 135-million tonnes in April, according to the World... 

Paringa finalises plans to develop Buck Creek No 2 mine ahead of No 1

Coal developer Paringa Resources has successfully amended its coal sales contract with Louisville Gas & Electric and Kentucky Utilities (LG&E and KU), following its recent change in strategy to... 

Arafura submits environmental impact statement for Nolans project

ASX-listed rare earths company Arafura on Monday submitted the environmental impact statement (EIS) for its Nolans rare earths project to the Northern Territory Environment Protection Authority... 

Oil Search signs MoU to sell down InterOil assets following same-day acquisition

Following ASX-listed oil and gas major Oil Search’s successful acquisition of Papua New Guinea-focused InterOil Corporation for $2.2-billion, or $40.25 a share, Oil Search reported on Friday that... 

March air freight volumes drop by 2%

Global air freight volumes saw a 2% year-on-year drop in March, reflecting subdued growth in world trade, according to demand growth data released by the International Air Transport Association... 

Australia’s GB Energy to acquire lithium project in Namibia

In line with its strategy of targeting minerals critical for the future of the energy environment, ASX-listed GB Energy has entered into an option agreement with an unnamed South African company... 

Red Mountain’s Batangas JV with Bluebird up and running

ASX-listed junior gold developer Red Mountain Mining’s strategic joint venture (JV) partner Bluebird Merchant Ventures has completed the Stage 1 payments totalling $1.7-million required to cement... 

APC to acquire 100% interest in Dartbrook JV

After acquiring an 83.33% stake in the New South Wales-based Dartbrook joint venture (JV) in December last year from diversified miner Anglo American, and in April securing A$5-million in funding... 

Stanmore Coal reopens Isaac Plains mine

Defying the current downturn in the global coal sector, ASX-listed junior coal miner Stanmore Coal became Australia’s newest coking coal producer on Wednesday, after Queensland Premier Annastacia... 

Australia miners ‘missing in action’ in Colombia

Australia’s resource houses are “missing in action” in Colombia, Latin America’s third-largest economic powerhouse, and need to move quickly to increase their engagement with the mineral-rich... 

Vodacom lifts FY revenue by 7.5%, despite a lowered dividend

Despite a 1.2% cut in yearly dividend, and seeing a slight decline in customers to 61.3-million owing to international customer registration requirements, JSE-listed telecommunications group... 

Environmental impact report on KiPower power lines released for public comment

A draft environmental impact report (EIR) for the proposed construction of two loop-in- loop-out 400 kV power lines to connect the recently approved KiPower independent power producer (IPP) power... 

Ekurhuleni hopes to stimulate reindustrialisation despite headwinds

In an attempt to maintain a pro-poor stance on public spending aimed at improving social development, the City of Ekurhuleni will inject R3.5-billion of its 2016 budget for into its community... 

M&A opportunities still available in South Africa, despite economic challenges

Despite a decrease in appetite for emerging-market assets in recent months – owing to the current drought, commodity exposure and the global economy’s risk aversion – there remains a fair amount of... 

Jubilee exceeds design capacity at Dilokong chrome recovery plant

Dual-listed mine-to-metals specialist Jubilee Platinum subsidiary Jubilee Tailings Treatment Company (JTTC) says its chrome recovery plant, which is part of its platinum-group metals-bearing... 

Vedanta pegs capex at $1bn in hope of offsetting 17% drop in 2016 revenue

In the face of “exceptionally challenging” global commodity markets experienced in the 2015/16 financial year, global diversified metals and mining company Vedanta Resources aims to focus its... 

South East Asia venture 'part and parcel' of Denel’s growth strategy

Continuing to defend its joint venture (JV) with steel manufacturing group VR Laser Services to establish Denel Asia, State-owned defence industrial group Denel told the Portfolio Committee on... 

BHP Billiton not waiting on price recovery, outlines value-add strategy

Though diversified mining major BHP Billiton remains confident in the long-term outlook for commodities, it is not waiting for prices to recover. Instead, it is looking to increase value by... 

CompComm publishes preliminary LPG market inquiry findings

The Competition Commission has published the preliminary findings and proposed recommendations of the liquefied petroleum gas (LPG) market inquiry for public comment.   Among the findings is the... 

Pipes manufacturers take on SABS over unfulfilled mandate

The Southern African Plastic Pipe Manufacturers Association (Sappma) has taken legal action against the South African Bureau of Standards (SABS) to address the standards body’s alleged failure to... 

Durban water conference to home in on shortages

With parts of KwaZulu-Natal suffering some of the worst effects of the severe drought plaguing the region, Durban will play host to this year’s Water Institute of Southern Africa Conference and... 

Survey reveals 40% of South Africans would justify unethical behaviour to meet targets

Recognising the threat that bribery and corruption pose to a financial system already under stress, an overwhelming 86% of South African executives agree that the effective prosecution of... 

In big logistical effort, turbine components begin Loeriesfontein journey

The first of 1 098 wind turbine components are en route from the deepwater Port of Ngqura, 20 km north-east of Port Elizabeth, to Loeriesfontein, in the Northern Cape, which will soon become home... 

March air freight volumes drop by 2%

Global air freight volumes saw a 2% year-on-year drop in March, reflecting subdued growth in world trade, according to demand growth data released by the International Air Transport Association... 

CoJ, Wits select top ten finalists for 2016 Hack.Jozi Challenge

Having sifted through more than 400 entries, organisers of the 2016 Hack.Jozi Challenge have whittled the hopeful teams down to a shortlist of this year’s top ten finalists, who were selected for... 

Ekurhuleni budget maintains ‘pro-poor' stance

In an attempt to maintain a pro-poor stance on public spending aimed at improving social development, the City of Ekurhuleni will inject R3.5-billion of its 2016 budget for into its community... 

Sylvania Q3 results benefit from basket price recovery

Owing to a 10% recovery in the platinum-group metals (PGMs) basket prices in the third quarter ended March 31, low-cost platinum-group metals (PGMs) producer Sylvania Platinum’s revenue increased...