Samantha Herbst

https://staging1.creamermedia.com/

Samantha Herbst

Samantha Herbst is a deputy editor for Creamer Media's online department.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Danakali to supply 200 000 t potash to potential offtakers

20th July 2016 Potash developer Danakali has signed several nonbinding memoranda of understanding (MoUs) with potential offtakers for the supply of 200 000 t/y potassium magnesium sulphate (SOP-M), which represents the second premium, choride-free multinutrient potash type from Danakali’s Colluli resource,... →

Magnetite inks letter of intent with Chinese steelmaker

18th July 2016 ASX-listed Magnetite Mines and Lodestone Equities are collaborating with Shandong Iron and Steel Group, to develop the magnetite resources of South Australia’s Mawson iron province, following a non-binding letter of intent (LoI) signed on Friday. Shandong currently produces 22-million tonnes a... →

Aguia advances Três Estradas phosphate project

18th July 2016 Based on a positive resource update reaffirming the potential value of its flagship Três Estradas phosphate deposit, in southern Brazil, ASX-listed fertiliser developer Aguia Resources has confirmed its intention to commence with a bankable feasibility study (BFS) once additional project... →

With necessary approvals received, Metals X’s Aditya takeover now under way

18th July 2016 Having received the necessary approvals from the Reserve Bank of India, aluminium manufacturer Hindalco Industries, the largest shareholder in ASX-listed takeover target Aditya Birla Minerals (ABM), is now in a position to accept an increased offer from diversified junior Metals X for the... →

Iata inks MoU with African Union Commission

14th July 2016 The International Air Transport Association (Iata) has signed a memorandum of understanding (MoU) with the African Union (AU) Commission to expand strategic cooperation and further the continent’s economic and social development, through the benefits of safe, efficient and sustainable air... →

Orion secures advanced nickel-copper project in S Africa’s Northern Cape

14th July 2016 ASX-listed Orion Gold has secured an exclusive right to earn up to an 80% interest in the Jacomynspan nickel-copper-platinum group elements (PGE) project, located in South Africa’s Northern Cape province, through a 74% Orion-owned South African subsidiary company. Orion noted on Thursday that it... →

Iluka ups Q2 production output, sees 20.8% increase on 2015 figures

14th July 2016 ASX-listed mineral sands miner Iluka seems to have recovered from its production dip in the previous quarter, reporting a production rate of 334 000 t for the three months to June, which is in line with the company’s full-year production guidance of about 660 000 t. This was also a 20.8%... →

Atrum, BC Anthracite bury the litigation hatchet

14th July 2016 ASX-listed coal developer Atrum Coal has settled all litigation proceedings with former founders Russel Moran and Gino D’Anna, owners of new venture BC Anthracite. Atrum announced on Wednesday that the parties had reached a no-liability settlement, which would be dismissed by consent. Not only... →

LBMA appoints new chairperson

13th July 2016 Following an independent executive search procedure, the London Bullion Market Association (LBMA) has appointed Dr Paul Fisher the new chairperson of the association, effective September 5. Due to retire from the Bank of England at month end, Fisher would take the reins from LBMA’s current... →

Eskom, local universities sign Phase 2 of the EPPEI funding agreement

13th July 2016 Eskom will next week sign Phase 2 of the Eskom Power Plant Engineering Institute (EPPEI) funding agreement, which will see the State power utility committing R155-million to execute and enhance eight interuniversity programmes in South Africa, integrating research efforts and creating synergy... →

Pioneer to earn initial 51% interest in Raleigh lithium project

13th July 2016 ASX-listed junior Pioneer Resources has signed a second option agreement with TSX-listed International Lithium Corp (ILC), enabling Pioneer to earn an initial 51% interest in the Ontario-based Raleigh lithium project, which is 100%-owned by ILC. Subject to ILC’s participation, Pioneer could... →

Walkabout fast-tracking development at Lindi Jumbo graphite project

13th July 2016 Africa-focused Walkabout Resources is fast-tracking project development at its Lindi Jumbo graphite mine, in south-eastern Tanzania, to commence with surface mining and processing operations on site. The ASX-listed miner announced on Wednesday that the results of the recently conducted Level 1... →

Mantle’s Norton gold mine progressing towards first production

13th July 2016 ASX-listed junior Mantle Mining is steadily progressing towards first gold concentrate production at its Queensland-based Norton gold mine. The company noted on Wednesday that sorter trials at the mine had been completed, with gravity plant trials currently under way using bulk sample material. →

Cazaly applies for exploration permit in cobalt-rich Lachlan Fold belt, NSW

12th July 2016 ASX-listed junior explorer Cazaly Resources has lodged an application for an exploration permit over known cobalt-manganese mineralisation in the Lachlan Fold belt of New South Wales. The permit cover about 240 km2 on the eastern edge of the Lachlan Fold belt, which contains several small but... →

Aguia finalises optimised PEA for flagship Três Estradas deposit

12th July 2016 ASX-listed fertiliser developer Aguia Resources has completed the optimised preliminary economic assessment (PEA) for its flagship Três Estradas phosphate deposit, in Brazil, indicating a resource estimate of 74.7-million tonnes with an average grade of 4.13% phosphate and a new net present value... →

GR Engineering awarded EPC contract for work on Mungana mine

11th July 2016 ASX-listed engineering design and construction contractor GR Engineering Services has entered into an engineering, procurement and construction (EPC) contract with Auctus Resources for the design and construction of completion works associated with the 500 000 t/y Mungana zinc, lead, copper and... →

Danakali receives positive feedback from Colluli impact assessment reviews

11th July 2016 Potash developer Danakali announced on Monday that the two-month public review period for the ASX-listed miner’s Eritrea-based Colluli potash project’s social and environmental impact assessment (SEIA) and associated management plans (SEMP) was now complete, with only positive feedback received... →

Independence remains within FY production guidance range across operations

11th July 2016 ASX-listed diversified mining and exploration company Independence Group (IG) announced on Monday that gold production at its 30%-owned Tropicana gold mine – which is 70% owned and managed by AngloGold Ashanti – was 28 651 oz for the June quarter, which was firmly within its production guidance... →

Hot Chili raises A$4.4m in oversubscription of shares, JV partner buys additional 2.5% in Productora

8th July 2016 ASX-listed junior developer Hot Chili has raised A$4.4-million, against a target of A$2.5-million, following a successful placement of shares at a discounted average price of 5c a share – 10.7% less than the company’s last close of 5.6c. The placement exceeded its target, as it was heavily... →

Base achieves near-record production, ups 2017 guidance on all commodities

8th July 2016 Following consistent production rates achieved at its Kwale mineral sands operation in Kenya, East Africa, over the June 2016 quarter, dual-listed Base Resources has decided to increase its production guidance for the 2017 financial year (FY) across all mineral sands, namely rutile, ilmenite and... →

New Talisman raises $4.7m, embarks on bulk sampling programme

5th July 2016 ASX-listed junior New Talisman has successfully raised $4.69-million through the issue of about 905-million shares, enabling the miner to transition from explorer to developer as it embarks on a bulk sampling programme at Talisman mine, in New Zealand’s Hauraki goldfield. “This result is one of... →

Tlou Energy to expand Lesedi CBM project to 50 MW

5th July 2016 Aim- and ASX-listed energy company Tlou Energy, which is focused on delivering power in Southern Africa through the development of coal-bed-methane (CBM) projects, announced Tuesday that its Lesedi CBM project in Botswana would be fast-tracked for development and probably expanded beyond the 10... →

PepinNini raises $1.02m for Argentina-based lithium brine project

4th July 2016 ASX-listed minerals exploration company PepinNini Minerals has raised $1.02-million to progress the company’s Salta lithium brine project, in Argentina. The company raised the funds through a placement of 37-million ordinary fully paid shares at 2.75c a share. The placement represented 13.67% of... →

Global Geoscience proceeds with acquisition of Nevada lithium project

4th July 2016 Having completed a successful exclusive due diligence investigation on the Ryholite Ridge lithium-boron project, in Nevada, the US, ASX-listed mineral exploration company Global has decided to acquire the project. The due diligence confirmed that the project had long-life potential, as well as a... →

Condor aims to identify additional prospects at Nicaragua gold project

4th July 2016 Following a successful structural geology study conducted last year, Aim-listed gold explorer Condor Gold has initiated an additional 242 km² soil survey programme at its La India project, in Nicaragua, aimed at identifying additional prospects and demonstrating the district-scale gold potential... →

TransCanada completes $13bn acquisition of Columbia Pipeline Group

4th July 2016 TSX-listed oil and natural gas pipeline operator TransCanada has completed its acquisition of NYSE-listed Texas-based Columbia Pipeline Group for $13-billion, including the assumption of about $2.8-billion of debt. Trading in Columbia shares on the NYSE were suspended on Friday, with the group... →

First gold mined at Kin's Lewis openpit, at Leonora project

1st July 2016 ASX-listed junior Kin Mining has produced the first ore from its Lewis openpit, located at the Leonora gold project, in Western Australia. This makes Kin one step closer to becoming a fully fledged gold producing company. “This is a significant milestone in the company’s development,” said MD... →

Sugar cane production declines by more than 16.3% y/y

1st July 2016 As a result of the ongoing countrywide drought, South African cane production declined during the 2015/16 season by more than 16.3% to 14.81-million tons, following an 11.4% reduction recorded in the previous season. “The decrease will impact on the sustainability of the rural economy in both... →

CuDeco ramps up ore feeding at Rocklands operation

30th June 2016 ASX-listed emerging copper producer CuDeco’s flagship Rocklands operation, in Cloncurry, Queensland, is steadily advancing towards first concentrate production, with the company’s announcement, on Thursday, that it was commencing with ore feeding into the ball mill, with a 60% load. This followed... →

Resolute board gives green light for immediate development at Syama

30th June 2016 Underground development at ASX-listed gold miner Resolute Mining’s 80%-owned Syama gold mine, located in south-eastern Mali, West Africa, will get under way immediately, following a positive definitive feasibility study (DFS) confirming Syama as a long-life, low-cost mine that will continue to... →

Tigers Realm inks agreement with JV partners to increase Amaam ownership

29th June 2016 Emerging global coking coal producer Tigers Realm Coal has signed two binding heads of agreement (HoAs) with its joint venture (JV) partners to increase its percentage ownership of the Amaam North project, in far-east Russia, from 80% to 100, and to reduce yearly JV payments on the project’s coal... →

Kimberley Diamonds concludes first sale from Lerala mine

29th June 2016 ASX-listed Kimberley Diamonds on Tuesday concluded the first sale of diamonds from its Lerala diamond mine, in Botswana. The sale of a small parcel of gem- and near-gem-quality diamonds, which were sourced predominantly from historic pre-2016 run-of-mine stockpiles, was conducted on Tuesday by an... →

Aspire subsidiary awarded concession for cross-country rail corridor

29th June 2016 ASX-listed metallurgical coal explorer and infrastructure company Aspire Mining’s subsidiary, Northern Railways, has been awarded a rail concession from the Mongolian government to build, operate and transfer a 547 km section of the newly agreed upon Northern Rail Corridor from Erdenet, in... →

Identified improvements to enhance efficiency at Arafura’s Nolans rare earths project

28th June 2016 Comprehensive work programmes aimed at commercialising ASX-listed rare earths company Arafura Resources’ 100%-owned Nolans rare earths project, in Australia’s Northern Territory, have identified several improvements to the existing project structure that will deliver a more competitive and... →

Amec welcomes govt decision to extend interim relief of port charges

28th June 2016 The Association of Mining & Exploration Companies (Amec) has welcomed the decision to extend the $2.50/t interim relief package at the Utah Point Bulk Handling Facility in Port Hedland for at least another 12 months. Western Australian State Development Minister Bill Marmion, together with... →

Gemco, land council ink agreements to benefit traditional owners

28th June 2016 After three years of negotiations, traditional owners represented by the Anindilyakwa Land Council (ALC) and managers at the Gemco manganese mine have settled on a range of landmark agreements to substantially expand the Gemco mine, located on Australia’s Groote Eylandt, which will generate new... →

Transnet Engineering hands over passenger coaches to Botswana Railways

27th June 2016 The engineering unit of State-owned freight logistics group Transnet on Monday released the last batch of passenger coaches to Botswana Railways at a handing-over ceremony in Salt River, Cape Town. This followed the initial staggered delivery of 22 coaches to the Botswana utility this year, which... →

Manas acquires Tanzania gold project for $4m

27th June 2016 As part of its aim to diversify its gold project portfolio, ASX-listed junior developer Manas Resources has signed a binding heads of agreement (HOA) to acquire the Tanzania-based Victoria gold project from mining entrepreneur Nick Clarke’s Cienega Sarl for $4-million. The HOA comprised a $200... →

Tanzanian CompComm delays Ngualla BFS funding

27th June 2016 Tanzania’s Fair Competition Commission has delayed ASX-listed rare earths hopeful Peak Resources’ approval for funding from the Appian Natural Resources Fund and International Finance Corporation, for the corporation’s Stage 2 investment into Peak’s majority-owned associated company Peak African... →

Metallica completes sale of Boyne limestone project

27th June 2016 ASX-listed bauxite developer Metallica Minerals has completed the sale of its noncore Boyne limestone project, near Gladstone, Queensland, after a private group paid the agreed balance of $900 000. The private purchaser sought to acquire the two granted mining leases that formed the Boyne project... →

First shipment of WA bauxite en route to China

24th June 2016 Lightweight metals manufacturer Alcoa is celebrating its first shipment of Western Australia bauxite as part of an export trial approved by the state government last year. Perth-based Alcoa Mining president Garret Dixon noted that the milestone shipment – a 47 000-t parcel of bauxite bound for an... →

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