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Ilan Solomons

Ilan Solomons

Ilan Solomons is a Creamer Media Contributing Editor for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

By Ilan Solomons

TARGETS SET Yanfolila is targeting 132 000 oz of gold during its first full year of production, aiming to become a low-cost, high-grade openpit operation

Explorer overcomes funding crunch, targeting first gold pour at Mali project by year-end

18th August 2017

It is common knowledge that raising investment for exploration projects, particularly for junior operators, has been “extremely challenging”, owing to the current tepid global economic climate and... 


Jennifer Broadhurst

Jennifer Broadhurst

18th August 2017

This week we feature Jennifer Broadhurst, Associate Professor with Minerals to Metals Initiative at the University of Cape Town, which is an inter-disciplinary research and education initiative... 


WORRYING TIMES Substantial challenges exist for companies that want to do business in the DRC owing to security concerns and general concerns regarding corruption

DRC mining code’s shortcomings limiting sector’s contribution to fiscus – senator

18th August 2017

The mining industry and the production of copper and cobalt in particular is of vital importance to the economy of the Democratic Republic of Congo (DRC). However, political, social and legislative... 


PRECISION PLANNING The way a project is structured is critical to ensuring whether or not it receives the needed finance

Firms joining forces to raise $500m for mining projects, particularly in Africa

18th August 2017

Mining investment advisory company MX Mining Capital Advisors and law firm Norton Rose Fulbright South Africa are collaborating to assist in raising about $500-million in finance for mining... 


FUNDING THE FUTURE Neal Froneman; Professor Tshilidzi Marwala, Saurabh and Dr Hennie Grobler at the handing over the first of three R5-million cheques to the University of Johannesburg

University receives R15m shot in the arm from Sibanye

18th August 2017

Diversified miner Sibanye has partnered with the University of Johannesburg (UJ) to integrate mining education with the Fourth Industrial Revolution. The company will inject R15-million into the... 


Gold bullion Krugerrands in the palm of your hand

Krugerrand demand resurgence anticipated to result in record sales

16th August 2017

Increased demand for gold has supported sales of the gold bullion Krugerrands and this year is predicted to yield the highest sales since the 1980s, with an expected 15% to 20% increase on the... 


To date, about $70-million had been invested in the project, with a further $134-million in capital still required

Bisie boxcut nears completion, first tin concentrates in 2019

15th August 2017

Tin exploration and development company Alphamin Resources is nearing completion of the boxcut at its 9 900 t/y Bisie tin project, in North Kivu, in the Democratic Republic of Congo (DRC). Alphamin... 


SECTORAL INSIGHTS The conference will be of interest to industry stakeholders who are involved or interested in the global tantalum and/or niobium markets

Canada to host tantalum, niobium symposium in October

11th August 2017

The Tantalum-Niobium International Study Centre (T.I.C.) will host its fifty-eighth general assembly and seventh technical symposium from October, 15 to 18 in Vancouver, Canada. The special early... 


FACILITY UPGRADING
A comprehensive project to upgrade Jwaneng’s mine residents’ village started in November 2016 and will be completed by August 2019

Botswana's Debswana awards three-year camp management service contract

11th August 2017

Botswana-based diamond mining company Debswana has awarded Botswana-based facilities management company BelServest a three-year camp management contract for its Jwaneng diamond mine, in... 


UNIQUE OFFERING
RPMGlobal is the only vendor globally that delivers a fully integrated production, maintenance, simulation and financial planning offering to the mining industry

Integrated tech solution aims to advance mine planning methods

11th August 2017

Mining software and solutions provider RPMGlobal says that it has demonstrated the value of the connected digital mine through the integration of its AMT and XERAS Enterprise software systems. RPM... 


NEW TITLE DEED HOLDERS Cape Town Mayor Patricia de Lille and business person Christo Wiese presenting titles deeds to residents in Western Cape

Think-tank hands over title deeds to residents of Western Cape town

11th August 2017

Think tank the Free Market Foundation’s (FMF’s) Khaya Lam land reform project last month handed over the latest batch of title deeds to residents in the town of Grabouw, in the Western Cape,... 


VOICING CONCERNS
Leadership of National Union of Mineworkers expresses unhappiness over possible substantial retrenchments in South African mining sector

Union concerned about planned job cuts, wants Zwane sacked

11th August 2017

The National Union of Mineworkers (NUM) on Monday called for the resignation of Mineral Resources Minister Mosebenzi Zwane, citing a complete breakdown in relations. Speaking at a press briefing to... 


STRICT CRITERIA Mining companies’ forecast cash flows need to be supported by scientific economic analysis that complies to a regulated standard

Nedbank debt-financing African mining projects to the tune of $7bn

11th August 2017

Investment banking services provider Nedbank Corporate and Investment Banking (CIB) is providing the African mining industry with about $7-billion in debt financing products and says it remains... 


Karen Coetzee, Neal Froneman; Prof Tshilidzi Marwala, Saurabh and Dr Hennie Grobler at the handing over the first of three R5-million cheques to the university

Sibanye’s R15m investment aims to unlock benefits of 4th industrial revolution for mining

10th August 2017

Diversified miner Sibanye has partnered with the University of Johannesburg (UJ) to integrate mining education with the Fourth Industrial Revolution. The company will inject R15-million into the... 


Glencore CEO Ivan Glasenberg

Efforts to reposition balance sheet, price improvements lift Glencore’s H1 earnings

10th August 2017

Diversified mining and marketing company Glencore said “extensive efforts” to reposition its balance sheet and propel the company’s industrial asset portfolio improvements over the last two years... 


Lalor zinc, gold and coper mine, in Manitoba, Canada

Hudbay returns to Q2 profit

4th August 2017

Canadian precious metals and base metals miner Hudbay Minerals achieved a net profit of $25.6-million and earnings a share of $0.11 for the three months ended June 30, compared with a net loss of... 


NOT ON SAME PAGE Government’s optimism is not entirely shared by the industry owing to challenges around issues such as power, skills, bureaucratic delays and foresight concerns

Conflicting Perceptions

4th August 2017

There exists a clear sense of optimism in Zambia’s government circles about the future of the mining industry, particularly regarding the stability of the regulatory and fiscal regime, a stronger... 


BREATHING NEW LIFE With copper prices currently up about 40% from previous lows, copper mining companies are restarting stalled operations and even considering expansion

Zambian copper mines urged to ‘grasp the opportunity’ as price enjoys strongest, most sustained rally

4th August 2017

With the copper price hovering at around $6 000/t, the red metal is enjoying its strongest and most sustained price rally since the depths of the global commodity slump in January 2015, when it was... 


MARIETTE LIEFFERINK The project would be in the position to supply jobs to 100 people, who would be responsible for the rehabilitation of Tweelopiespruit and surrounding areas

New booklet outlines measures to turn mine enviro hazards into jobs generator

4th August 2017

Environmental watchdog Federation for Sustainable Environment (FSE) has proposed the establishment of a pilot project to address the waste and pollution legacy of mining in the Witwatersrand basin,... 


MARY PHADI Tasa aims to mitigate the plight and ‘exploitation’ of emerging cargo carriers who are at the mercy of larger players in the sector

New association aims to support emerging truck operators

4th August 2017

The newly launched Emerging Truckers Association of South Africa (Tasa) aims to assist in meaningfully transforming the local truck and freight industry, with a long-term view of ensuring work for... 


Isaac Tshabalala

Isaac Tshabalala

4th August 2017

This week we feature Isaac Tshabalala, the general manager and director of Gold One Inernational, the 2 700-employee, $150-million gold-mining company  


LOSING LUSTRE? Platinum demand has been suffering a variety of headwinds brought on by changing consumer demand trends in the automotive and jewellery markets

Despite decline, platinum supply continues to exceed demand

4th August 2017

Research conducted by New York-based research and consulting firm CPM Group for its Platinum Group Metals Yearbook 2017 concludes that the platinum market remained in a surplus during 2016. Newly... 


Tahoe strengthened it social and environmental management with the addition of an environmental affairs director and a sustainability director

New report highlights Tahoe Resources’ sustainability efforts

1st August 2017

Canadian miner Tahoe Resources recorded no fatalities during 2016 and reduced hand-related injuries by more than 75% in both Peru and Guatemala by implementing a hand-safety programme, according... 


Rio Tinto operates the Oyu Tolgoi copper-gold mine, in Mongolia which is 66% owned by its Turquoise Hill arm and 34% owned by the Mongolian government

Turquoise Hill sees reduced profits, advances Oyu Tolgoi underground works

1st August 2017

Rio Tinto subsidiary Turquoise Hill Resources has recorded a lower net income attributable to shareholders of $23.8-million in the quarter ended June 30, compared with $29.8-million during the... 


Leadership of National Union of Mineworkers expresses unhappiness over possible substantial retrenchments in South African mining sector

NUM calls for Zwane’s resignation, concerned by large number of retrenchments

31st July 2017

The National Union of Mineworkers (NUM) on Monday called for the resignation of Mineral Resources Minister Mosebenzi Zwane, citing a complete breakdown in relations. Speaking at a press briefing to... 


Platinum industry redoubling marketing efforts in the midst of oversupply

Platinum industry redoubling marketing efforts in the midst of oversupply

28th July 2017

Marketing is immensely important for the platinum sector, which is battling a pervasive weak price environment, with the metal trading at about $925/oz, compared with the all-time high of $2 270/oz... 


GODFREY MOTHAPO Since 2010, Mintek has rehabilitated about 500 ha of former asbestos mine land

Bamboo a possible answer to asbestos remediation challenges – Mintek

28th July 2017

Bamboo may be suitable as potential cover to remediate asbestos related mine waste in semi-arid regions of South Africa, states South African State-owned mineral and metallurgical innovation... 


Zamanzima Mazibuko

Zamanzima Mazibuko

28th July 2017

This week we feature Zamanzima Mazibuko, a researcher within the knowledge economy and scientific advancement faculty of the Mapungubwe Institute for Strategic Reflection, which has a focus on the... 


POWER OF MARKETING Through marketing efforts, consumer demand for platinum jewellery is currently the second-largest demand source after automotive and generates more than 2.5-million ounces a year in retail sales

Platinum industry redoubling marketing efforts in the midst of oversupply

28th July 2017

Marketing is immensely important for the platinum sector, which is battling a pervasive weak price environment, trading at about $925/oz, compared with the all time high of $2 270/oz, in 2008 and... 


WIM HOOGEDEURE Through adequate use of digital, focused on productivity across the entire end-to-end operation, mining companies can better manage variability and improve productivity

Digital adoption vital for future mining success – EY

28th July 2017

As productivity remains the number one operational risk in the mining sector, future digital transformation in the mining and metals sector will be a critical enabler to addressing the industry’s... 


 Emerging Truckers Association of South Africa convener Mary Phadi

New association launched to support emerging truck operators

21st July 2017

The newly launched Emerging Truckers Association of South Africa (Tasa) aims to assist in meaningfully transforming the local truck and freight industry, with a long-term view of ensuring work for... 


Mineral Resources Minister Mosebenzi Zwane

Zwane meets with Black Business Council to discuss Mining Charter

21st July 2017

Mineral Resources Minister Mosebenzi Zwane on Friday met with Black Business Council (BBC) president Dr Danisa Baloyi, and her executives, to discuss the mining legislative framework and “related... 


Buffalo Coal in push to slash debt and improve safety and operational efficiency

Buffalo Coal in push to slash debt and improve safety and operational efficiency

21st July 2017

South African bituminous and anthracite coal miner Buffalo Coal is determined to repay all its debt and continue to improve safety standards, while improving overall operating capability to ensure... 


TERMS OF RENEWED AGREEMENT The agreement between Zinkgruvan and Metso covers mill lining and related services for five grinding mills and is valid for three years

Metso clinches life cycle services contract renewal at Swedish mine

21st July 2017

Base metals miner Lundin Mining’s Zinkgruvan zinc, lead, copper and silver mine in Askersund, Sweden has signed a new life cycle services (LCS) agreement with diversified engineering group Metso.... 


ROYAL RIBBON CUTTING King Goodwill Zwelithini kaBhekuzulu and Zululand Anthracite Colliery MD Vuslat Bayoglu cut the ribbon at the new wash plant

Zululand Anthracite Colliery unveils new 50 t/h wash plant

21st July 2017

Investment company Menar Holding’s Zululand Anthracite Colliery (ZAC), near the town of Ulundi commissioned its new wash plant, last month. The new coal processing plant has 50 t/h processing... 


AVIEMORE ANTHRACITE COLLIERY Buffalo Coal plans to increase its permanent workforce by 120 people by 2020 after the completion of a new Aviemore adit

Buffalo Coal in push to slash debt and improve safety and operational efficiency

21st July 2017

South African bituminous and anthracite coal miner Buffalo Coal is determined to repay all its debts and continue to improve safety standards while improving overall operating capacities to ensure... 


IN SEARCH OF ALLUVIALS The surveys was intended to assess the effectiveness of geophysical techniques for alluvial diamond exploration

Geophysical techniques touted as ideal for alluvial diamond exploration

21st July 2017

Ground geophysical surveys have been carried out by the Council for Geoscience (CGS) on a farm that hosts an alluvial diamond mining operation near Schweizer-Reneke, in the North West. The North... 


LITHIUM LIKING
The best flotation testwork on spodumene pegmatite achieved an overall lithium recovery of 81.8% and a concentrate containing 6.5% lithium oxide

Zim lithium, tantalum prospect returns ‘excellent’ test results

21st July 2017

Diversified exploration and mining company Premier African Minerals reported “excellent results” from the initial metallurgical testwork study, which was completed by German materials testing and... 


CONFLICT MINERALS It is critical that the trade in CAR’s natural resources be given a prominent role in efforts to find peace, as they have played a role in fuelling the conflict itself

Social media fuelling illicit diamond trade in Central African Republic – report

21st July 2017

A new undercover investigation by international watchdog organisation Global Witness has uncovered how diamond smugglers are making use of social media platforms as they seek to get diamonds linked... 


UPPING OUTPUT Kangala, produced an estimated 2.4-million tons and NCC, produced 540 000 t of coal. Combined, the two mines delivered a 47% year-on-year production increase

Universal eyeing 3Mt coal output this year

21st July 2017

ASX-listed coal miner Universal Coal anticipates that its Kangala and New Clydesdale Colliery (NCC) mines, in Mpumalanga, will deliver an estimated three-million tons of coal in the 2017 financial... 


EDDIE RICH Liberia’s pioneering implementation of the EITI has had a direct impact on the development of the EITI standard

Liberia makes progress in reporting stakes despite Ebola, Mali also improving

14th July 2017

Liberia has undergone its first Extractive Industries Transparency Initiative (EITI) validation in terms of the EITI standard and has demonstrated “meaningful progress” despite a disruption bought... 


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