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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
 
PDAC

Europe’s manufacturing powerhouse scouts for ‘critical’ minerals to maintain technological edge

Canadian German Chamber of Industry and Commerce mining and mineral resources manager Christopher Schmidt As a nation heavily reliant on commodity imports to sustain its industrial output, Germany is seeking closer ties with the Canadian mining industry to maintain its pole position as Europe’s manufacturing powerhouse.
28th February 2014
 
PDAC

Finding the true value in resource statements

ROBERT FRIEDLAND The best junior CEO is someone like Ivanhoe CEO Robert Friedland, who comes in and sells out – the  reality is you do not want them to build their own mines By Benjamin Cox At the time of the Voisey’s Bay nickel project discovery in Canada, an industry legend – I cannot remember who it was – said that the rocks do not know that Friedland owns them. Rocks don’t care about management and,...
28th February 2014
 
Coal

Fortune Minerals pursuing strategic partnership strategy to finance projects

As the mining world struggles to raise financing on global capital markets, Toronto-listed diversified junior Fortune Minerals is pursuing a financing strategy based on securing strategic partnerships with companies that need the product it plans...
28th February 2014
 
PLATINUM

‘Catastrophic’ R12 500 pay would shut Rustenburg mine Video Available

Implats CEO Terence Goodlace Merely implementing the R12 500 a month minimum basic wage demand of the Association of Mineworkers and Construction Union (AMCU) would be “catastrophic” and leave the company with no alternative but to close the entire Impala Rustenburg,...
27th February 2014
 
PLATINUM

Impala Platinum lifts earnings, revenue, production but no dividend

Platinum mining company Impala Platinum posted higher headline earnings, greater revenue and improved production in the six months to December 31 but opted not to declare an interim dividend while caught in the teeth of the current hostile...
27th February 2014
 
Editorial Insight

Emissions laws best platinum ‘beneficiation’, still serious problems with Minerals Bill, Chinese importing South African crushers

Emission laws fantastic local beneficiation route for platinum metals; serious problems linger with mining Bill; China orders crusher from South Africa
14th February 2014
 
METALS PROCESSING

Fortune Minerals’ Saskatchewan metals processing plant approved

The Saskatchewan Environment Minister on Tuesday gave the nod of approval for TSX-listed project developer Fortune Minerals to build a $200-million metals processing plant 27 km north-west of Saskatoon. Minister Ken Cheveldayoff had accepted the...
12th February 2014
 
PLATINUM

Aquarius H1 results reveal operational, financial disparity

On the back of a year characterised by a “difficult” trading environment, Aquarius Platinum CEO Jean Nel said on Friday that the company’s report for the six months ended December 31 told a story of a “credible” operational performance...
7th February 2014
 
PLATINUM

Tighter South African emission laws best platinum ‘beneficiation’

Tighter vehicle emission legislation in South Africa would boost the struggling platinum mining industry and be a fantastic local beneficiation route for the metal, which is facing an uphill battle, SFA Oxford MD Beresford Clarke said on Monday....
3rd February 2014
 
PLATINUM

Platinum mines submit plans for Zim refinery by 2016, says State media

Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, State media reported on Sunday. President Robert Mugabe's ZANU-PF government gave platinum...
20th January 2014
 
GOLD

No price recovery expected for gold in 2014

Gold prices are expected to decline in 2014, as unchanged physical demand does little to counteract a move away from institutional and hedge fund-derived investment in the yellow metal, narrowing the yearly average from $1 411/oz in 2013 to $1...
8th January 2014
 
 
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