Leandi Kolver

https://staging1.creamermedia.com/

Leandi Kolver

Leandi Kolver is Creamer Media Deputy Editor Features for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Namib DFS shows low risk and robust economics

26th November 2014 The definitive feasibility study (DFS) for Aim-listed North River Resources’ Namib lead/zinc/silver mine, in Namibia, has confirmed that the project is technically low risk and economically robust, the company said on Wednesday. It added that a strong after-tax internal rate of return of more... →

IFM Section 54 notice lifted, 4 000 t of production lost

26th November 2014 International Ferro Metals (IFM) on Wednesday announced that the Section 54 notice for its two ferrochrome furnaces and pelletiser has successfully been lifted following a meeting with the Department of Mineral Resources. The Section 54 notice had been issued last week following a health and... →

Vukile still pursuing Synergy takeover, H1 distribution up

26th November 2014 JSE-listed Vukile Property Fund would continue to pursue the acquisition of Synergy Income Fund as long as it made financial sense, Vukile CEO Laurence Rapp confirmed on Wednesday. Rapp noted that Synergy’s portfolio would have a strong synergistic fit within Vukile’s R5.7-billion lower-income... →

Vukile CEO Laurence Rapp

Kobada scoping study demonstrates robust project economics

26th November 2014 TSX-V-listed African Gold Group on Tuesday announced the completion of a scoping study and an updated preliminary economic assessment (PEA) for its Kobada gold project, in Mali, demonstrating low capital expenditure requirements and high returns. African Gold said the scoping study demonstrated... →

SA drops in WEC Energy Trilemma Index

25th November 2014 South Africa has dropped four places to rank eighty-third in the World Energy Council’s 2014 Energy Trilemma Index as the country’s performance remained stagnant, while other countries such as China and Nigeria improved their rankings. The WEC Energy Trilemma Index measured the performance of... →

US Federal Court grants injunction halting EPA process against Alaska’s Pebble

25th November 2014 The US Federal District Court has granted the Pebble Limited Partnership’s (PLP’s) request for a preliminary injunction in its litigation against the US Environmental Protection Agency (EPA), PLP parent company Northern Dynasty Minerals reported on Tuesday. The EPA in February announced that it... →

Northern Dynasty Minerals' Pebble project

2014 a tough year for most construction companies – PwC

25th November 2014 Although the year had started off with a lot of promise, the 2014 financial year had proved to be a tough one for most construction companies, PwC partner Andries Rossouw said on Tuesday. He said that, at the start of the year, construction companies had strong order books and their margins were... →

Omnia expecting future benefit from new underground mining product, H1 profit lower

25th November 2014 Specialised chemicals provider Omnia was expecting to see financial gains from its new underground charging unit, which enables it to take its emulsion into the underground mining space, during the next financial year, MD Rod Humphris said on Tuesday. Speaking at a presentation of the group’s... →

Photo by Duane Daws
Omnia CEO Rod Humphris

IFM, DMR settlement agreement made court order

25th November 2014 International Ferro Metals (IFM) on Monday, in court, reached an agreement with Department of Mineral Resources (DMR), stipulating that an agreement reached by the parties last week, which allowed IFM to resume its operations following a Section 54 stoppage, remained in force. This settlement... →

Orezone on schedule to deliver Bomboré feasibility study by Q1 2015

25th November 2014 TSX-listed Orezone Gold Corporation was on schedule to complete the feasibility study of its Bomboré gold project, in Burkina Faso, during the first quarter of next year, after which it would apply for a mining permit to develop the project during the second quarter, COO Tim Miller said on... →

Final stage lithium extraction pilot plant at Cauchari-Olaroz to be inaugurated next month

24th November 2014 TSX-listed Lithium Americas on Monday announced that the formal inauguration of the final stage Posco lithium extraction pilot plant at its Cauchari-Olaroz lithium project in Jujuy, Argentina, was expected to take place next month. Lithium Americas and Korean steel company Posco signed a... →

Burkina Faso gold project sold to Alecto

24th November 2014 TSX-V-listed Kaizen Discovery on Monday announced that it had completed the sale of its Kerboulé gold project, in Burkina Faso, to Alecto Minerals. Kaizer had received 55-million common shares in Alecto as part of the sales consideration. →

Kipushi drilling programme indicates high-grade resources – Ivanhoe

24th November 2014 High-grade silver, zinc and copper drill intercepts have been reported in the third batch of assay results from Africa-focused project developer Ivanhoe Mines’ underground diamond-drilling programme at its Kipushi copper/zinc/germanium/lead/precious metals mine, in the Democratic Republic of... →

Portfolio committee to consult steel-, mineworkers on minimum wage

24th November 2014 The Parliamentary Portfolio Committee on Labour would, this week, interact with steel- and mineworkers on the national minimum wage during the second leg of its public hearing process. The first leg of hearings took place in the Western Cape earlier this month where farmworkers and domestic... →

First set of Rukwa coal sampling and testwork results positive

24th November 2014 African coal explorer Edenville Energy on Monday announced positive results from the first set of detailed coal sampling and test work at its Rukwa coal project’s Namwele deposit, in western Tanzania, indicating that the deposit had the potential to provide significantly higher quality coal and a... →

CIF members agree to invite new nations to join climate resilience pilot

24th November 2014 Signatories to the Climate Investment Funds’ (CIF’s) mandate last week agreed to invite a group of new pilot nations to come forward and develop Strategic Programs for Climate Resilience under its Pilot Program for Climate Resilience (PPCR). The African Development Bank, which was one of the... →

Davies approves MHCV-AIS guidelines

24th November 2014 Trade and Industry Minister Dr Rob Davies has approved the new Medium and Heavy Commercial Vehicles – Automotive Investment Scheme (MHCV-AIS) guidelines aimed at stimulating investment into the production of these vehicles in South Africa. The MHCV-AIS, which was a subcomponent of the Automotive... →

Ntsimbintle targeting additional 800 000 t/y project

24th November 2014 Broad-based black economic-empowered company Ntsimbintle Mining was targeting the development of a new 800 000 t/y manganese mine, in the central-northern part of the Kalahari basin, in the Northern Cape, Ntsimbintle director Justin Pitt has revealed. Speaking to Mining Weekly Online at a... →

IFM to appear in court in relation to Section 54 notice

24th November 2014 International Ferro Metals (IFM) would on Monday appear in court in relation to a claim by the Department of Mineral Resources (DMR) that the ferrochrome producer had not met all the requirements of a Section 54 notice issued to it last week. IFM said it had suspended production at its two... →

Savannah raises £1.3m, terminates Bergen agreement

21st November 2014 Aim-listed Savannah Resources on Friday advised that it had raised about £1.3-million through the placing of 29.48-million new ordinary shares with new and existing investors. The funds would be used for general working capital to fast-track exploration and development at the company’s copper... →

Bloodhound high-speed communications tests deliver promising results

21st November 2014 High-speed communications testing at the Bloodhound supersonic car (SSC) land-speed record attempt site at Hakskeenpan, in the Northern Cape, had delivered promising results, Bloodhound information technology head Sarah Covell told Engineering News following a test that included an L39 jet... →

South African firm takes top honours at London infrastructure awards

21st November 2014 South Africa was again recognised for excellence in engineering earlier this month, when Cape Town-based computer-aided design draughting (CADD) specialist 3D Draughting took top honours at global infrastructure software manufacturer Bentley System’s Be Inspired Awards, held at the Hilton London... →

SunPower to open solar panel factory in Cape Town

21st November 2014 Solar technology and energy services provider SunPower on Tuesday plans to open a solar panel manufacturing facility in Cape Town in 2015 to meet the growing demand for solar technology in the region. The plant, which would be owned and operated by SunPower, was expected to create up to 150 local... →

New higher-yield Siemens wind turbine to be available in early 2017

21st November 2014 Electronics and electrical engineering company Siemens launched its new model SWT-3.3-130 wind turbine at the 2014 WINDaba, held in Cape Town this week, stating that the first of these units would be available in early 2017. This wind power unit, of which the rotor would measure 130 m in... →

September mining production up 5.3%

21st November 2014 JOHANNESBURG (miningweekly.com) – South African mining production increased by 5.3% year-on-year in September, the latest data from Statistics South Africa (Stats SA) has shown. Stats SA on Thursday said the main contributors to the increase were iron-ore, which showed the highest positive... →

Platinum exchange could benefit SA economy, advance beneficiation objectives – economist

21st November 2014 JOHANNESBURG (miningweekly.com) – If South Africa was serious about platinum beneficiation it had no choice but to put in place a platinum exchange, investment company Pan-African Capital Holdings CE Dr Iraj Abedian said on Tuesday. Speaking at a workshop convened by the Mapungubwe Institute for... →

Treasury Metals restarts Goliath drilling programme

20th November 2014 TSX-listed Treasury Metals on Thursday said drilling at its flagship Goliath gold project, in northwestern Ontario, had restarted. The company stated that the initial 5 000 m drilling programme would comprise definition drilling of the main resource area, exploration of the new shallow high-grade... →

Seabridge to release new Deep Kerr resource estimate during Q1 2015

20th November 2014 British Columbia-focused project developer Seabridge Gold expected to release a new resource estimate for its Deep Kerr deposit, in Northwestern British Columbia, Canada, during the first quarter of next year. The company on Thursday noted it was confident that the results from the project’s 2014... →

Titanium exercises Paragon share call option

20th November 2014 Diamond development and production company Paragon Diamonds on Thursday announced that Titanium Capital Investments has exercised its call option to buy 60-million ordinary shares in Paragon from Aim-listed Obtala Resources at 3.25p a share. Paragon chairperson Philip Falzon Sant Manduca said the... →

Nampak sells SA paper businesses for R1.58bn, HEPS up 14%

20th November 2014 JSE-listed Nampak on Thursday announced that it would sell its Corrugated, Sacks and Tissue divisions, to Ethos Private Equity for R1.58-billion, in line with its strategy of focusing on its core product segments of metals, glass and plastic. Nampak noted that the disposal did not include its... →

Photo by Duane Daws
Nampak CEO André de Ruyter

SAB to put 5 000 small farmers into business by 2020

20th November 2014 South African Breweries (SAB) would aim to put 5 000 smallholder farmers, to supply its South African operations, into production by 2020, corporate affairs and transformation director Monwabisi Fandeso said on Thursday. He explained that this initiative formed a part of SAB’s newly launched... →

SCDHEC requested to review Haile operating permit

20th November 2014 TSX-listed Romarco Minerals on Wednesday advised that the South Carolina Department of Health and Environmental Control (SCDHEC) had received a request to review the mine operating permit issued for the company’s Haile gold mine, in Lancaster County. The SCDHEC had issued Romarco with the permit... →

Darnley Bay enters into option agreement for Eastmain Quebec project

20th November 2014 TSX-V-listed Darnley Bay Resources has entered into an agreement with TSX-listed Eastmain Resources, whereby Darnley Bay can acquire a 50% undivided interest in Eastmain’s Lac Lessard project, in Quebec. "We are excited about the potential of Lac Lessard's kilometric-scale ultramafic intrusive... →

Austro full-year earnings up, largely unaffected by Numsa strike

19th November 2014 JSE-listed industrial energy and supplies group Austro increased its adjusted headline earnings for the year ended August 31 by 67% to 8.7c a share, the company announced on Wednesday. Austro’s revenue for the year increased by 16% to R585-million, with group-wide gross margins having remained... →

Iveco assembly plant to be fully operational by June, to target Tshwane BRT programme

19th November 2014 Iveco South Africa (SA) Works’ new truck and bus assembly plant in Rosslyn, Pretoria, would be fully operational by June next year, chairperson Dr Anna Mokgokong said on Wednesday, adding that the plant, where some assembly has already started, would be officially inaugurated in March. Iveco SA... →

Metals Creek to partner with Benton on Staghorn project

18th November 2014 Junior exploration company Metals Creek Resources has entered into an option and/or joint venture (JV) agreement with TSX-V-listed Benton Resources through which Benton could acquire up to a 70% interest in Metals Creek's Staghorn gold property, in Newfoundland, Canada. In terms of the agreement,... →

SilverCrest signs option agreement for Cumobabi property, in Mexico

18th November 2014 Canadian precious metals producer Silvercrest has signed a five-year options agreement with TSX-V-listed Evrim Resources enabling it to acquire a 100% interest in Evrim’s Cumobabi property, in Mexico. To earn the 100% interest in the property, SilverCrest will need to pay $75 000 upon signing the... →

Geological tests at Guadalupe de los Reyes indicate high-grade mineralisation

18th November 2014 Geological mapping and rock sampling along several structures at junior mineral exploration and development company Cangold’s 6 302 ha Guadalupe de los Reyes (GDLR) gold/silver project, in Mexico, has again returned high-grade gold and silver assays, the company announced on Tuesday. During these... →

North River receives second tranche of equity funds

18th November 2014 Aim-listed North River Resources has received the $2.88-million second-tranche equity funds under its $12-million investment agreement with Greenstone Resources. Accordingly, Greenstone had been issued with 260.94-million new ordinary shares of £0.002 in North River, which were expected to be... →

Atlanta sells Abitibi gold property to focus on Atlanta, Neal properties

18th November 2014 Mine developer Atlanta Gold has sold its Abitibi gold property, in western Quebec, to Canadian junior miner Vantex Resources. Atlanta president and CEO Ernest Simmons said on Tuesday that the sale of lower exploration properties allowed the company to focus on developing its Atlanta project and... →

Gold miners form working group to seek solution to occupational lung disease

18th November 2014 Mining companies Anglo American South Africa, AngloGold Ashanti, Gold Fields, Harmony Gold and Sibanye Gold on Tuesday announced that they had formed an industry working group to tackle issues relating to compensation and medical care for occupational lung disease in the South African gold mining... →

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe