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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
 
PLATINUM

Jubilee enters final phase of Mpumalanga ops revamp

Leon Coetzer Aim- and Altx-listed Jubilee Platinum’s commissioning of the third ARC furnace at its Middelburg smelter operations, in Mpumalanga, this month has marked the final phase of its four-phase, two-year renewal programme. The mine-to-metals...
14th April 2014
 
SCANDIUM

DNI adds scandium to Alberta project’s product basket

Project development junior DNI Metals on Wednesday said that an initial evaluation of recovering scandium as a co-product of the polymetallic mining operations planned for its Buckton deposit, in Alberta, had concluded that by incorporating a...
9th April 2014
 
PRECIOUS METALS

Allied Nevada achieves Q1 guidance

US miner Allied Nevada Gold on Tuesday said it had achieved its first-quarter production and sales targets at its flagship Hycroft mine, in Nevada. For the three months ended March 31, the Reno, Nevada-based company reported gold output rising...
8th April 2014
 
MARKET CAP

Lackluster commodity prices weigh on WA-listed miners

The market capitalisation of Western Australian listed companies, which made up the Deloitte Index, decreased by 1.6% during March, to close at A$151.2-billion. The advisory firm reported this week that Australian markets suffered in March,...
4th April 2014
 
Cartoon

COPPER COMES A CROPPER

The fall in the price of copper is being linked to China’s alleged use of it as a blunt instrument to help Chinese authorities restore balance in the Chinese economy. According to the Financial Times of London, copper has been used in the...
4th April 2014
 
TIN

Tin mining set to return to South Africa after quarter-century break Video Available

Bushveld Minerals CEO Fortune Mojapelo Tin mining is poised to be resuscitated in South Africa 25 years after the tin price collapsed and forced South Africa’s once resplendent Zaaiplaats and Rooiberg tin flagships to close. Currently, no tin is mined in South Africa, but a restart...
2nd April 2014
 
LABOUR

SA deputy president to meet mining firms, unions as platinum strike drags on

Kgalema Motlanthe South Africa's deputy president will meet with the mining industry and unions on Thursday for a regularly scheduled forum aimed at bringing stability to the sector, as a crippling platinum strike approaches its ninth week. Deputy President Kgalema...
24th March 2014
 
Cartoon

CHINESE WRECKERS

The ferrochrome industry’s plea for South African government help has fallen on deaf ears, allowing China to wrest South Africa’s top world ferrochrome spot, ironically with the overwhelming use of South Africa’s very own raw chromite ore....
21st March 2014
 
GOLD/PLATINUM/PALLADIUM

Standard Bank to launch three new ETFs

Banking group Standard bank on Wednesday announced that it would launch three exchange traded funds (ETFs), with an estimated value of R60-billion, on the JSE. The AfricaGold ETF, AfricaPlatinum ETF and the AfricaPalladium ETF would give investors...
19th March 2014
 
COPPER

Copper prices below $5 000 could threaten Zambian mines - Minister

Zambian mines are still operating profitably, despite the fall in copper prices, but could be threatened if the price dropped below $5 000/t, Mines Minister Christopher Yaluma said on Saturday. Copper markets had been edgy over slowing Chinese...
17th March 2014
 
All

Saskatchewan metals processing plant project, Canada Restricted

The Minister of Environment for the Province of Saskatchewan has accepted the Environmental Assessment Branch’s recommendation and approved the project, subject to certain conditions.
7th March 2014
 
 
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