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GOLD STREAMING

Gold streamers partner to give True Gold $120m Karma financing

Trading of the TSX-V-listed stock of Burkina Faso-focused project developer True Gold on Tuesday started on a high note, after the company late on Monday announced that precious metals streaming firms Sandstorm Gold and Franco-Nevada joined forces...
12th August 2014
 
Company Announcement

Snc-Lavalin Puts A Unique Spin On Mmpp PDF Available

SNC-Lavalin has put a unique spin on the conventional concept of modular mineral process plants, with the offer of an all-inclusive solution designed to help exploration operations transition into full fledged revenue earning mining companies in...
8th August 2014
 
COAL

Continental Coal to recapitalise balance sheet

South Africa-focused thermal coal producer Continental Coal on Wednesday announced that it had successfully arranged a fully underwritten nonrenounceable pro rata rights issue to raise about A$35.1-million to recapitalise the company’s balance...
6th August 2014
 
STEEL

O’Flaherty outlines ‘production first’ strategy for steel group Video Available

ArcelorMittal South Africa CEO Paul O’Flaherty Newly appointed ArcelorMittal South Africa (AMSA) CEO Paul O’Flaherty delivered an unambiguous ‘production first’ message in his inaugural interaction with the investment community on Friday, saying his management team was committed to...
1st August 2014
 
STEEL PROJECTS

AMSA to take $20m knock on Newcastle delay

Steel producer ArcelorMittal South Africa (AMSA) has confirmed that the reline project at its Newcastle mill, in KwaZulu-Natal, has hit snags and that the project, which was initially expected to be completed four months after the May 12 shutdown...
1st August 2014
 
CORPORATE ACTIVITY

Trading halts remain as Continental moves to raise A$35m

As South Africa-focused thermal coal producer Continental Coal progressed a A$35.1-million rights issue and a recapitalisation plan, a proposed listing on the JSE has been postponed and trading halts on the Aim and ASX remained firmly in place....
1st August 2014
 
GOLD

San Gold to add Kerr Mines to portfolio

Canadian gold producer San Gold this week signed a nonbinding letter of intent to buy TSX-listed Kerr Mines in an all-scrip deal that would see San Gold take control of the Copperstone gold mine, in Arizona. San Gold president and VP of finance...
23rd July 2014
 
IRON-ORE

Iron Road looks to optimise Central Eyre

Iron-ore developer Iron Road has undertaken an optimisation study on its flagship Central Eyre project, in South Australia, with the aim of increasing production from 21.5-million tonnes a year to 24-million tonnes a year. A previously conducted...
23rd July 2014
 
MINING EQUIPMENT

Manufacturing in the mining industry can yield economic growth

South Africa’s National Development Plan emphasises the critical and indispensable role of manufacturing as a key driver of economic growth, and a segment in which this country could achieve greater outcomes is the manufacture of mining...
27th June 2014
 
MINING EQUIPMENT

Manufacturing in the mining industry can yield economic growth

According to the South African National Development Plan, manufacturing plays a critical and indispensable role as a key driver of economic growth. As a result, the South African mining industry has bared witness to the benefits of manufacturing...
27th June 2014
 
FERROUS METALS – 1

Junior iron-ore miners finding it difficult to get project finance owing to price uncertainty

TIGHT CAPITAL MARKET
The average amount of capital raised by junior miners in 2013 was $1.6-million, which indicates the struggle for survival that most juniors are facing
The current iron-ore price uncertainty is a significant challenge for junior miners trying to obtain finance for their projects in Africa, International Finance Corporation (IFC) mining investment division senior investment officer Sacha Backes...
13th June 2014
 
Tenders

Africa

Tenders for work in the rest of Africa excluding South Africa
9th June 2014
 
 
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