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Base Metals

Base metals growth outlook positive for Africa and S America

MINE GROWTH
Global copper and zinc production is expected to increase, owing to new mines and mine expansions in Africa and South America 
Africa will be recognised as the largest contributor to the growth of mined copper production from 2013 to 2017 in percentage terms, says research and consulting firm Wood Mackenzie base metals research head Helen Matthews, who highlights Zambia...
18th April 2014
 
Base Metals

Revival imminent for African zinc, says industry body

ZINC REVIVAL 
Owing to increased infrastructure development, access to Africa-based zinc reserves and refining opportunities is improving
While Africa’s zinc production represents only 13.6% of global output, there appears to be a revival in zinc projects across the continent, owing to supply and demand forecasts, says International Zinc Association of Southern Africa (Izasa)...
18th April 2014
 
GRAPHITE

Chinese flake graphite consolidation could alter global supply structure

China has revealed plans to consolidate operations in the world’s most prolific flake graphite producing region – the Heilongjiang province, where most of the world’s battery raw material comes from – that could significantly alter the...
17th April 2014
 
GOLD

Gold price to average $1 225/oz in 2014 – GFMS

Weighing up the factors impacting the gold market this year, 2014 looks set to be a second year of price decline for gold, with precious metals consultancy Thomson Reuters GFMS continuing to forecast an average of $1 225/oz for the year. The...
17th April 2014
 
BASE METALS

350 Santa Rita workers on forced leave – Mirabela

Embattled nickel miner Mirabela Nickel has warned that it would impose forced leave on around 350 staff at its Santa Rita mine, in Brazil, as it looked for funding to support ongoing operations at the mine. Mirabela, which went into voluntary...
17th April 2014
 
IRON-ORE

Brazil's Vale says China pessimism not justified - CEO

Vale is not concerned about an economic slowdown in China, the mining company's top iron-ore market, because Chinese steel output is setting records, CEO Murilo Ferreia told Reuters on Wednesday. China's economic indicators remain strong,...
16th April 2014
 
IRON-ORE

China's plan for iron-ore giants hard to make the grade

China's bid to slash its dependence on foreign iron-ore miners by creating its own mega producers risks running aground before it starts due to high costs and poor quality of ore. Instead, overseas suppliers may end up shipping more to their top...
16th April 2014
 
PRIVATE EQUITY

Private equity seeks sound management and robust business plans

Mining companies must have the right management team and business plan in place in order to attract private equity investment, Denham Capital metals and minerals director Caroline Donally told Mining Weekly Online. “The team brings by far and...
11th April 2014
 
VANADIUM

Largo Resources reports Brazil flagship is 99.8% complete

TSX-V-listed Largo Resources announced that the Maracás vanadium project, in Bahia, Brazil, is 99.8% complete and only auxiliary items still need to be installed. The Toronto-based firm, which also has a portfolio of other projects in Brazil and...
11th April 2014
 
DIAMONDS

Angola to grant De Beers new diamond exploration licence

Angola, the world's fourth-largest diamond producer by value, will approve a new concession to mining major De Beers to explore for diamonds, Geology and Mines Minister Francisco Queiroz has said. London-based De Beers, majority-owned by global...
11th April 2014
 
NICKEL

BHP polishes up nickel unit as demerger talk swirls

Breakthroughs in the way BHP Billiton processes nickel ores could help the world's biggest miner find a buyer for its ailing Nickel West division in Australia. Nickel West is among businesses that also include aluminium and manganese which BHP...
11th April 2014
 
What's On

International

What’s On provides you with information about conferences, exhibitions, seminars, training courses and other events pertaining to general industry and the mining sector. To include information about an upcoming event, e-mail...
11th April 2014
 
 
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