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Ivanhoe progresses with road to airport from Kamoa project

By: Marleny Arnoldi     24th June 2019 Canada-headquartered Ivanhoe Mines says construction of the highway linking its Kamoa-Kakula copper project to the Kolwezi airport, in the Democratic Republic of Congo (DRC), is progressing rapidly with the onset of the country’s dry season. The 34-km-long east–west road is about 25% complete... 

Pleasing Orion bankable points to fast project payback 

By: Martin Creamer     24th June 2019 Zinc and copper exploration and development company Orion Minerals pleasantly surprised the market on Monday when it announced a bankable feasibility study (BFS) that paves the way for financing, concentrate offtake and mine construction of the Prieska project in the Northern Cape. The BFS... 

Kibo mulls renewables cogeneration opportunities 

By: Simone Liedtke     24th June 2019 In line with its strategy of incorporating long-term renewable energy solutions into its existing coal power projects, Africa-focused Kibo Energy has signed a collaboration agreement with ESS Tech to develop suitable baseload electricity storage solutions. Having recognised the increasing need to... 

Eramet needs €1bn Gabon expansion, Argentina lithium mine

By: Mariaan Webb     24th June 2019 French multinational mining and metals firm Eramet is searching for more than €1-billion in financing to fund an expansion of its manganese mine in Gabon, and to build a new lithium mine in Argentina. The company plans to raise its manganese ore production capacity from 4.3-million tons a year... 

SEW-EURODRIVE (Pty) Ltd. provides on-site training and service in Africa

24th June 2019 A key differentiator for SEW-EURODRIVE (Pty) Ltd. in Africa is its capability to offer on-site training and service. This not only familiarises clients with the drive automation specialist’s complete range, but also gives it a foot in the door for electronics and automation products like Variable... 

Paladin sells idled Malawi mine to Hylea

By: Esmarie Iannucci     24th June 2019 Uranium miner Paladin Energy has struck a deal with ASX-listed Hylea Metals to divest of its shareholding in the Kayelekera mine, in Malawi, for A$5-million. Paladin owns 65% of the Kayelekera project, joint venture partner Chichewa holds a 20% interest and the Malawi government a 15% stake. 

Ribbon cut at Iluka's Cataby

By: Esmarie Iannucci     24th June 2019 Western Australian Premier Mark McGowan has official opened the A$270-million Cataby mineral sands mine, owned by ASX-listed Iluka Resources. Cataby is expected to average a a production of 200 000 t/y of synthetic rutile from 370 000 t/y of ilmenite, 50 000 t/y of zircon and 30 000 t/y of... 

Orion education initiative ‘well received’, says COO

By: Simone Liedtke     21st June 2019 JSE- and ASX-listed Orion Minerals’ introductory mining familiarisation short courses within the Siyathemba municipality, in the Northern Cape, have raised public awareness of the mining industry and the opportunities it offers, the company reports. The five-day short courses have been offered... 

Rio and ArcelorMittal tell different sides of iron-ore story

By: Bloomberg     21st June 2019 In the world of metals and mining, sometimes it’s better to sell the raw product rather than the finished one. This seems to be a lesson for investors who chose to hold shares in ArcelorMittal rather than Rio Tinto Group this year. Despite nagging trade tensions and fears about global growth,... 

Silver Mines’ enviro study confirms minimal impact, to be submitted soon

By: Marleny Arnoldi     21st June 2019 ASX-listed Silver Mines confirmed on Friday that the environmental impact statement (EIS) for its Bowdens silver project, in New South Wales, was in the final stages before being submitted for development consent to the New South Wales Department of Planning and Environment. The EIS affirms... 

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