International

Global copper markets will be oversupplied for at least two years, executives at some of the world’s major producers of the metal and traders said recently, casting doubt on the chances of a prolonged rally in prices. That tempered assessment of the market at an industry conference in Shanghai came …

The first Sandvik AutoMine Loading installations were delivered more than 10 years ago and the automation system continues its success story today. More and more mines globally are discovering how Sandvik AutoMine can improve their operations. “This year seems to be a turning point with many new Sandvik AutoMine Loading …

Aim-listed Gemfields’ latest auction of emerald and amethyst has netted revenue of $11.1-million. The auction, held in Jaipur, India, from September 26 to 29, included commercial-quality rough emerald extracted at Gemfields’ 75%-owned Kagem mine, in Zambia, and higher-quality amethyst mined by Gemfields’ 50%-owned subsidiary Kariba Minerals in Zambia. Of the …

The nuclear industry is gradually recovering from its post-Fukushima slump, but excess capacity keeps uranium prices at record lows, forcing mining companies to mothball mines, slice costs and cut debt as they struggle to survive. In the wake of the March 2011 Fukushima disaster, Japan closed its nuclear reactors, which …

Vale has agreed to new terms for the sale of stakes in a coal mine and railway project in Mozambique to shareholder Mitsui & Co, in a deal that will raise $768-million and could help Vale free up to $2.7-billion in funding commitments for both projects. The sale of Vale’s …

Dual listed Tawana Resources has moved to acquire a second lithium project, with the company entering into an agreement to acquire the mining rights to the Uis pegmatite tailing stockpile in Namibia. The Uis project consists of some 20-million tonnes of stockpile derived from one of the largest pegmatite tin …

ASX-listed Marenica Energy and fellow-listed Deep Yellow have inked a technology licence agreement that will see Marenica provide its U-pgrade technology to develop the Tumas uranium project, in Namibia. Marenica’s U-pgrade technology could potentially deliver significant project and operating cost savings at Tumas, and the two parties have agreed to …

The event was well-attended with 207 attendees from 25 countries, despite the industry downturn. It was a great opportunity to reconnect with familiar faces and to welcome the 40% who attended an ALTA conference for the first time. We thank all participants for contributing to its success. The 21st annual …

Centurion-based slurry pumping solutions provider Hazleton Pumps has entered another market, supplying an Israeli company with its locally manufactured Hippo pumps range, which is designed to meet the needs of projects worldwide. Hazleton Pumps CEO Thys Wehmeyer highlights that the family-owned company manufactured its first duplex stainless steel pump in …

Global mining company Anglo American said finance director René Médori would retire in 2017 when he reaches the age of 60. Anglo American, which has been struggling with a slump in the price of commodities, said it was beginning a process to appoint a successor, and that Médori would continue …