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Ncondezi reviews updated EPC, operations and maintenance proposals
Published: 25 Apr 18
Power development company Ncondezi Energy is reviewing updated proposals for the engineering, procurement and construction (EPC) and operations and maintenance (O&M) contracts for its integrated 300 MW power and coal mine project in Tete, Mozambique.
Amplats raises R390m to fund Maseve, Styldrift I projects
Published: 25 Apr 18
Anglo American Platinum (Amplats) has successfully placed about 17.3-million Royal Bafokeng Platinum (RBPlat) ordinary shares at R22.50 a share with qualifying investors, raising R390-million.
GAIL India likely to be split ahead of setting up natural gas exchange
Published: 25 Apr 18
The Indian government is likely to split national gas infrastructure and marketing major GAIL India into separate entities, with one controlling pipeline construction and operation and the other natural gas marketing. The proposal comes in the wake of the Indian government moving ahead to set up a gas trading hub or exchange. GAIL’s pipeline construction and operation business will be treated as a ‘public utility’ offering open access to all gas marketing entities participating in the gas exchange.
Aluminium maker Hydro to miss cost cutting target amid Brazil woes
Published: 25 Apr 18
Norwegian aluminium-maker Norsk Hydro will miss its 2018 cost-cutting target as its troubled Brazilian operation continues to work at reduced capacity following a spill in February from a major plant, it said on Wednesday. A regulatory order to cut output from Hydro's Alunorte, the world's largest alumina refinery, also triggered cutbacks at the firm's nearby Albras aluminium plant and a scramble among other factories and customers for supplies.
Unpacking this week's headlines Unpacking this week's headlines Has Video
Published: 25 Apr 18
South Africa needs research to improve its mining competitiveness, the industry needs to recover faster and investigations needed in Modikwa bus killings. Mining Weekly editor Martin Creamer unpacks the headlines.  
Raw material suppliers join Finland battery factory project Raw material suppliers join Finland battery factory project
Published: 25 Apr 18
Five companies that can supply essential raw materials for an emerging battery industry in Finland have joined a cooperation network that aims to obtain international investment in the battery cluster. The cooperation network includes the cities of Vaasa and Kokkola, Freeport Cobalt, the world's largest cobalt refinery and producer of battery chemicals, Norilsk Nickel, the producer of nickel metals and nickel chemicals in Harjavalta, Terrafame Group, the parent company of Terrafame producing nickel, zinc, cobalt and copper in Sotkamo, Keliber, which is preparing to start lithium production in Kaustinen and Kokkola, as well as Beowulf Mining, the owner of a graphite deposit in Heinävesi.
Gold Fields lowers South Deep’s FY guidance after below-expectation Q1 performance Gold Fields lowers South Deep’s FY guidance after below-expectation Q1 performance
Published: 25 Apr 18
A below expectation performance at its South Deep mine, in Johannesburg, contributed to a 1% year-on-year and a 10% quarter-on-quarter decrease in Gold Fields’ output for the quarter ended March 31. Production for the quarter was 490 000 oz.
Marange villagers disperse after diamond protest in Zimbabwe
Published: 25 Apr 18
After two days of demonstrations – which at one stage turned violent – disgruntled villagers from Zimbabwe’s diamond-rich area of Marange on Tuesday began dispersing after a day of running battles with the police. There were no major injuries reported. Police fired tear gas and threatening to unleash vicious dogs on the protesters. However, the only concern has been two minors who were taken to hospital after they collapsed when they inhaled the tear gas.
Prairie secures court win in Poland
Published: 25 Apr 18
The Polish Civil Court has ruled in favour of ASX- and LSE-listed Prairie Mining by granting an injunction preventing the Ministry of Environment (MoE) from granting concessions or concluding usufruct agreements with third parties until full court proceedings are concluded. The company started legal proceedings against the MoE earlier this month, to safeguard its rights over the Jan Karski mine, after it failed to secure a mining usufruct agreement, while it still awaits the environmental consent required to apply for a mining concession.
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