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Mining News

Pallinghurst, Blyvoor Gold and City of Johannesburg road closures make headlines 

By: Creamer Media Reporter      4th July 2019 Mining Weekly editor Martin Creamer unpacks the latest news on diversified investor Pallinghurst's interest in battery and fuel cell materials; and how illegal mining is impacting on Blyvoor Gold and resulting in road closures in Roodepoort. 

India's top court sides with indigenous people over illegal mining fallout

By: Reuters     4th July 2019 Indigenous people in an Indian state must be protected from illegal mining and the pollution it causes, the country's top court ruled, providing a "historic" victory to tribal groups fighting for better rights over land and natural resources. Indigenous people, who own much of the land in... 

OceanaGold files for injunction against local govt

By: Esmarie Iannucci     4th July 2019 Gold miner OceanaGold has filed for an injunction to ensure that operations at its Didipio mine site, in the Philippines, continues, after the Governor of Nueva Vizcaya directed local government units to ‘restrain any operations’ of OceanaGold. Following the Governor’s orders, a local government... 

Oil, gas contributes to declining investment in Canada’s mining industry

By: Tasneem Bulbulia     4th July 2019 Ten of the 15 nongovernment sectors that make up the Canadian economy experienced declines in business investment from 2014 to 2017, the most recent years of available data. Independent Canadian public policy think-tank, the Fraser Institute, on Wednesday revealed that the country’s mining... 

Gindalbie shareholders back Ansteel deal

By: Esmarie Iannucci     4th July 2019 The shareholders of Gindalbie Metals have voted in favour of a takeover offer from shareholder Ansteel. The 2.6c a share takeover offer from Ansteel was announced in March this year, allowing simultaneous plans to demerge Gindalbie’s subsidiary Coda Minerals, which holds the rights to a... 

Apollo faces battle in France

By: Esmarie Iannucci     4th July 2019 ASX-listed Apollo Minerals could be facing a lengthy court battle after the Administrative Court cancelled the exploration license for its Couflens project, in France. The Administrative Court has ruled to cancel the Couflens permit due to a number of process errors in the 2016 granting of the... 

APLNG signs more domestic offtake

By: Esmarie Iannucci     4th July 2019 The project partners of the Australia Pacific liquefied natural gas (APLNG) project on Thursday announced that an additional 16.2 PJ of natural gas produced at the project would be set aside for domestic customers. APLNG will supply explosives manufacuter Orica with 10.2 PJ of gas over a... 

Gulf shareholders smile as supply chain links

By: Esmarie Iannucci     4th July 2019 ASX-listed Gulf Manganese on Thursday saw a 20% increase in its share price after the acquisition of its first high-grade manganese mine in Timor, and securing direct shipping ore for export from Indonesia. The company has told shareholders that it had vended the Putra Indonesia Jaya high-grade... 

Nova reports stellar year for Independence

By: Esmarie Iannucci     4th July 2019 The Nova base metals project, in Western Australia, has exceeded production expectations for the full year, owner Independence Group reported on Thursday. Nickel production for the full year ended June reached 30 708 t, which was above the 27 000 t to 30 000 t previously estimated, while copper... 

ABR sets timeline for Fort Cady

By: Esmarie Iannucci     4th July 2019 ASX-listed American Pacific Borate and Lithium (ABR) was hoping to start construction of its Fort Cady borate project, in Southern California, by the fourth quarter of this year. The start of construction would be subject to financing and permitting. 

Peabody works to re-enter North Goonyella

By: Esmarie Iannucci     4th July 2019 US coal major Peabody Energy has started the re-entry of the North Goonyella mine, in Queensland. The miner this week told shareholders that the re-entry activities, which are being done in consultation with the Queensland Mine Inspectorate, were part of a comprehensive, phased reventilation and... 

Resource exports tip the scale in May

By: Esmarie Iannucci     4th July 2019 New data by the Australian Bureau of Statistics (ABS) has shown that the resources sector generated a record A$24.9-billion in export earnings during May this year, accounting for 60% of total export income. Iron-ore exports also reached a record high in May, accounting for A$8.8-billion of the... 

Resource exports tip the scale in May

Vedanta to invest $245m on Indian oil, gas blocks

By: Ajoy K Das     4th July 2019 Anil Agarwal-led resource major Vedanta Limited will invest around $245-million in natural gas and crude oil over the next four years in licenses it bagged for 10 blocks across India. Vedanta said in a statement that “the company has been successfully awarded 10 exploration blocks across Indian... 

Updated San Matias resource estimate shows higher grades

By: Tasneem Bulbulia     4th July 2019 Cordoba Minerals has announced a positive updated mineral resource estimate for the San Matias project, including the Alacran replacement copper/gold deposit, in Colombia, with significant tonnage and copper and gold grade increases at the Alacran deposit. Nordmin Engineering’s work on the San... 

Guyana suspends Aurora mine operations amid wildcat strike

By: Tasneem Bulbulia     4th July 2019 TSX-listed Guyana Goldfields has suspended operations at its Aurora mine, in Guyana, after a portion of the workforce employed by the company's wholly owned subsidiary, AGM, blocked the delivery of ore to the mill earlier this week. While it seeks a resolution with striking workers, it has... 

Brazil mining trade group slams Senate royalty proposals

By: Reuters     4th July 2019 An association of Brazilian mining companies on Wednesday criticized some proposals made a day earlier by a Senate committee that spent months investigating the collapse of one of Vale's tailings dams. In a 400-page report, the Senate panel looking into the January disaster proposed a ban on new... 

Brazil mining trade group slams Senate royalty proposals

Inca One looking forward to higher production for remainder of 2019

By: Creamer Media Reporter      3rd July 2019 Metals processing company Inca One Gold Corporation expects its production will increase over the remainder of this year as its mining partners increase ore deliveries. The company pointed out in a release issued on Wednesday that an extended rainy season in the South American country, which had... 

Mpumalanga coal mines noncompliant with water use licence conditions – CER 

By: Marleny Arnoldi     3rd July 2019 Nonprofit organisation (NPO), the Centre for Environmental Rights (CER) says coal mines in Mpumalanga are “significantly” noncompliant with their water use licence conditions. In a report – the fourth instalment in the CER’s Full Disclosure series – released on Wednesday, the NPO details gross... 

Mpumalanga coal mines noncompliant with water use licence conditions – CER

Gold mine bosses draw the line on zama menace 

By: Martin Creamer     3rd July 2019 The resurfacing of illegal mining in the Carletonville area on the West Rand has prompted a gold-mining company to write an urgent open letter to Gauteng's provincial commissioner of police, Lieutenant-General E Mawela. The letter follows a growing list of illegal mining-related violence,... 

Gold mine bosses draw the line on zama menace
Photo by Blyvoor Gold
Mass meeting of Blyvooruitzicht community held outside the NG Kerk at Blyvooruitzicht. The community is fighting illegal mining.

Wits Mining Institute to focus on effective leadership at upcoming seminar

By: Tasneem Bulbulia     3rd July 2019 The Wits Mining Institute (WMI) will hold a three-day seminar, from August 6 to 8, titled ‘Empowering Leaders for 21st Century Mining’, which will cover important topics relevant to leadership in mining, specifically for women. The programme has been designed by Wits Commercial Enterprise’s Short... 

Wits Mining Institute to focus on effective leadership at upcoming seminar
The Wits Mining Institute will hold a three-day seminar, titled ‘Empowering Leaders for 21st Century Mining’

Policy has handicapped South Africa’s minerals industry – Baissac 

By: Nadine James     3rd July 2019 South Africa's minerals policy has changed the market in inefficient ways, exacerbated the impact of external factors such as volatile commodities prices and failed to meet its primary objectives, Eunomix CEO Claude Baissac told attendees at an African Mining Network session last week. Framing... 

Policy has handicapped South Africa’s minerals industry – Baissac
Photo by Creamer Media
Eunomiz CEO Claude Baissac

Landore raises £250 000 for exploration

By: Simone Liedtke     3rd July 2019 Aim-listed Landore Resources has raised £250 000 through a subscription of 35.7-million new ordinary shares at 7p a share. The proceeds are to be used for working capital purposes, as well as to help fund the company’s exploration programme. 

ERM acquires CSA Global

By: Tasneem Bulbulia     3rd July 2019 Sustainability consultancy ERM has acquired CSA Global, a mining, geological, technology and management consulting company. CSA Global provides technical and management consulting services, as well as independent corporate advice to mining and exploration companies and financial and legal groups... 

Rainbow launches accelerated bookbuild to raise $5-million

By: Tasneem Bulbulia     3rd July 2019 Aim-listed high-grade rare earth producer Rainbow Rare Earths hopes to raise $5-million in an accelerated bookbuild. The funds raised will be invested in growing production at Rainbow’s fully operational Gakara Rare Earth project, in Burundi. 

Wits, Gold Fields deepen collaboration to enhance deep-level mining skills, expertise

By: Simone Liedtke     3rd July 2019 Mining students at the University of the Witwatersrand (Wits), with the support of gold miner Gold Fields, are building South Africa’s capacity to apply mechanised mining methods and supporting technologies in deep-level gold mines. Various research projects are under way at both post graduate... 

Wits, Gold Fields deepen collaboration to enhance deep-level mining skills, expertise
The Wits post-graduate students carrying out their Masters work at South Deep (from left to right): Rachidi Dineo, Mosebudi Matlou, Matsobane Nong and Isaac Mabala. Ms Nong and Mr Mabala are also Associate Lecturers at the Wits Mining School

Initial ‘just energy transition’ work points to need to cushion coal regions 

By: Terence Creamer     3rd July 2019 The Council for Scientific and Industrial Research (CSIR) Energy Centre has initiated a project to model the socioeconomic risks and opportunities associated with South Africa’s transition from a coal-dominant electricity industry to one that is increasingly based on renewable energy. The... 

Initial ‘just energy transition’ work points to need to cushion coal regions
CSIR research group leader for the energy industry Ntombifuthi Ntuli

Afrimat changes its mind on Universal Coal takeover

By: Marleny Arnoldi     3rd July 2019 JSE-listed minerals and construction materials group Afrimat has decided not to pursue an acquisition of ASX-listed midtier coal mining company Universal Coal. In April, Afrimat made a nonbinding indicative offer to buy the entire issued share capital of Universal Coal for $0.27, or A$0.40... 

South Africa weighs new support measures for struggling Eskom 

By: Reuters     3rd July 2019 South Africa is weighing extra options to support Eskom, including swapping the financially troubled State power firm's debt for government bonds or ring-fencing it in a special account, a senior treasury official said. Discussions are at an early stage, and it is not yet clear which option will... 

South Africa weighs new support measures for struggling Eskom

Santacruz Silver acquires 50% interest In Carrizal Mining

By: Tasneem Bulbulia     3rd July 2019 TSX-listed Santacruz Silver has, through its wholly-owned subsidiary Carrizal Holdings, acquired a 50% shareholding in PCG Mining, which is a holding company that owns 100% of private Mexican mining company Carrizal Mining. The shares were bought from one of PCG’s shareholders for $500 000 in... 

Ayawilca possibly one of the best new zinc developments in the Americas – Tinka

By: Tasneem Bulbulia     3rd July 2019 TSX-V-listed Tinka Resources has garnered positive results from a preliminary economic assessment (PEA) for its 100%-owned Ayawilca Zinc Zone project in central Peru. The PEA estimates an after-tax net present value (NPV) of $363-million and a pre-tax NPV of $609-million using metal prices of... 

Alcoa expects $40m - $50m hit from restarting Canada smelter

By: Reuters     3rd July 2019 Aluminum producer Alcoa Corp said on Tuesday it expects to incur a charge of between $40-million and $50-million in the second half of 2019, related to restarting operations at its Canadian smelter in Becancour, Quebec. An 18-month lock out between the company and workers at the Aluminerie de... 

Equinox achieves commercial production at Brazil mine

By: Tasneem Bulbulia     3rd July 2019 Canadian mining company Equinox Gold has achieved commercial production at its Aurizona gold mine, in Brazil. During the month of June, the Aurizona processing plant operated at an average throughput of about 90% of its nameplate capacity of 8 200 t/d, exceeded 90% average recovery and produced... 

Deep sea mining could destroy 'our last frontier', environmentalists say

By: Reuters     3rd July 2019 As India readies for the United Nations to give a green light to deep sea mining and boost its economy, the environmental group Greenpeace said on Wednesday that drilling the seabed could cause irreversible harm and worsen climate change. Without proper governance of the seas, mining could... 

Greenpeace calls for global oceans treaty before deep sea mining is pursued

By: Marleny Arnoldi     3rd July 2019 Environmental organisation Greenpeace International warns that the world’s oceans could face severe and irreversible harm from deep sea mining unless tighter environmental safeguards are put in place. A new report published by the organisation, titled ‘In Deep Water’, shines a light on the... 

Greenpeace calls for global oceans treaty before deep sea mining is pursued

Red River expands into gold

By: Esmarie Iannucci     3rd July 2019 Base metals producer Red River Resources will acquire the Hillgrove gold-antimony project, in New South Wales, in exchange for A$4-million worth of shares. Red River on Wednesday announced an agreement with Brackden Resources to acquire the Hillgrove project, which has a historical production of... 

Chalice to sell Quebec gold projects

By: Esmarie Iannucci     3rd July 2019 Dual-listed Chalice Gold Mines will divest of its Quebec gold projects for a C$12-million share in Chantrell Ventures Corporation. Chantrell has entered into a definitive agreement to acquire certain non-core assets of TSX-listed Osisko Mining, and has undertaken a private placement to raise... 

Burrup Hub set to deliver billions in benefits

By: Esmarie Iannucci     3rd July 2019 The A$40-billion Burrup Hub development proposed by oil and gas major Woodside could boost Australia’s gross domestic product (GDP) by some A$414-billion during 2019-2063, new data from economic consultants ACIL Allen has shown. Woodside COO Meg O’Neill noted the project could deliver total... 

Burrup Hub set to deliver billions in benefits

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