Zambia Nickel Project Nearing Completion

It is expected that base-metals miner First Quantum Mineral’s Enterprise nickel mine will start operation later this year or in 2016, depending on nickel market conditions.

Friday, September 11, 2015

Zambian Mining to Experience Downturn

The Zambian mining sector is reeling from the effects of the global commodity-demand slowdown, which is mainly attributed to lower demand from China, and lower copper prices, says strategy and communications consultancy africapractice regional analyst Sinethem...

Friday, September 11, 2015

Sirius Shares to Cease Trading on Sept 11

The Federal Court of Australia has approved ASX-listed miner Independence Group’s takeover of fellow-listed Sirius Resources.

Thursday, September 10, 2015

US’s Nickel Scrap Exports Increase in July

According to the United States Department of commerce statistics data released that US’s nickel scrap exports reached 2044 tons in July this year, an increase of 8.3% year on year. In January-April, US’s nickel scrap exports totaled 15,111 tons.

Thursday, September 10, 2015

Independence Revises Long Mine Plan

Diversified miner Independence Group has revised its mine plan and cut staff numbers at its Long operation, in Western Australia, in response to the current weakness in the nickel price.

Wednesday, September 9, 2015

Noront Closes C$1.54m Private Placement

The largest landholder in the promising mine camp known as the Ring of Fire, in Northern Ontario, has closed a C$1.54-million financing to advance the development of its Eagle’s Nest project, for exploration in the region and for general working capital.

Wednesday, September 9, 2015

Glencore in R2.5bn Equity Raising, $10bn Capital Preservation, Debt Cutting

Global commodities mining and marketing company Glencore on Monday announced a fully committed proposed equity capital raising of up to $2.5-billion alongside additional $10.2-billion capital preservation and debt reduction measures, portfolio optimization and...

Tuesday, September 8, 2015

Miners Increasingly Looking to Renewable Energy Sources to Drive Operational Savings

Current pressures on the mining sector is driving increased interest in the cost savings and power security advantages that renewables could provide mining operations.

Sunday, September 6, 2015
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