Business

MineHub is convinced that having Kimura Capital LLP as one of its participants in their consortium is strategic as they are leaders in the finance industry, an industry MineHub believe is key to their growth and that of its stakeholders. The company recently announced this development through a press statement …

Russian companies have offered African countries solutions based on the internet of things (IoT) and artificial intelligence (AI) to boost mining production. The offers follow the realisation that traditional means are becoming increasingly expensive, with productivity falling due to technical maintenance costs, unreliable equipment, reactive troubleshooting, a lower equipment utilisation …

Deep Yellow Limited has announced that it has increased the tempo of the work programme at its Reptile Project in Namibia. The uranium miner announced recently that the acceleration programme is to determine the economic feasibility of the Tumas channel uranium deposits and this has led to contracting of two …

Paladin Energy Ltd’s pre-feasibility study (PFS) for the resumption of the Langer Heinrich uranium mine has provided enhanced economics and potential for capacity expansion at the Namibian mine. The study has confirmed that $80-million in capital will be required to support a 5.2-million-pound-a-year operation. The Namibian mine look set to …

Diamond Fields Resources (DFR) has confirmed that its second stage of the ML111 Namibian mining plan will no longer continue this year, citing the need for further exploration and development work in order to improve mining performance. Following completion of the initial stage of DFR’s current ML111 mining campaign, the …

As Syrah Resources reduced graphite production from the Balama Mine for the fourth quarter to 5000 tonnes a month, down from 15,000 tonnes, another Australian miner has challenged claims of slowing Chinese demand for graphite. Walkabout Resources has questioned the accuracy of reports that spot prices for all graphite flake …

AfriTin will now focus on ramping the plant up to its design capacity of 500 000 t/y of ore, which will produce about 60 t a month of tin concentrate by the end of the fourth quarter of 2019. Moreover, AfriTin has concluded an offtake agreement with Thailand Smelting and …

Uranium explorer, Deep Yellow Deep Yellow Limited last week advised that the Ministry of Mines and Energy have notified the company of their preparedness to grant the renewal of Exploration Prospecting Licences (EPLs) 3496 and 3497 for a further two years, until 4 August 2021. The announcement was made last …

Condition monitoring specialists, WearCheck, scooped two awards from top international training body, Mobius, at a condition based maintenance (CBM Europe) conference in Belgium recently. The awards are for first place in the Best Training Partner EUMEA 2018/19 and the Best Student Growth Africa 2018/19. Dennis Swanepoel, WearCheck’s reliability solutions consultant …

THE Central Procurement Board has failed to convince mines minister Tom Alweendo why it picked a diamond valuation company that charged the government N$70 million more than the outgoing service provider. The CPB, on behalf of the mines ministry, had awarded a N$300 million contract to Gem Diamonds Namibia to …