News

PORT ELIZABETH, SOUTH AFRICA-Flexible screw conveyors in popular sizes are now available for shipment in two-to-five days as ready-to-assemble packages with Flexicon’s Quick-Ship Programme, the company announced. Conveyor tubes and screws offered through the programme are supplied in any length from 3 to 12 m, in diameters from 67 to …

Desert Lion Energy has filed an independent technical report for the country’s first large-scale lithium mine, 210km from the capital of Windhoek and 220km from Walvis Bay. Completed by Hatch Ltd and MSA Group, the report details the preliminary economic assessment (PEA) for the project, covering mining, concentrate and lithium …

Rio Tinto has entered into a binding agreement with China National Uranium Corporation Limited (CNUC) for the sale of its entire 68.62 per cent stake in Rössing Uranium Limited for up to $106.5 million. According to a communiqué from the company, the total consideration comprises an initial cash payment of …

International diamond group De Beers remains optimistic about its rough diamonds sales, as the year comes to an end. “As the industry’s focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. …

International Monetary Fund’s (IMF) latest focus on the local economy anticipates the gradually recover with real GDP projected to contract this year and turn positive in 2019. Geremia Palomba, IMF official said the anticipated turn will be supported by strong mining production and a rebound in construction activities. “Growth is …

Tantalite Investment Mine has re-employed 17 of the 91 workers recently retrenched. According to the company, the re-employed staff will form part of a skeleton crew to keep the mine operational. The development comes after mines minister Tom Alweendo had a meeting Tantalite management to address the retrenchment issue. Larry …

China has become the largest gold producer and consumer in the world in the past two decades. On the backdrop, Roland Wang, Managing Director of China for the WGC said his company aims to work with government bodies, regulators and market practitioners to ‘develop China’s gold market on a long-term, …

Deep Yellow’s broad delineation drilling in the Tumas 1 East area on EPL3497 has been completed indicating extensive uranium mineralisation. “Our work on the Reptile Project is again confirming the very high prospectivity of the Tumas palaeochannel system that has been identified. The new zone of mineralisation that has been …

TSX-listed Trevali Mining has lowered its zinc and lead production guidance for the Caribou mine in Bathurst, New Brunswick, but the company remains on track to achieve its consolidated zinc production guidance. The Caribou mine’s zinc guidance has been lowered from a range of 86-million to 90-million pounds, to between …

Global innovator in the bulk material handling industry Martin Engineering has developed new cleaning technologies for applications where space for installation is limited. According to the company, the latest SQC2STM RM (Reduced Mini) Cleaner is a compact secondary belt cleaner allowing installation in close quarters, built with a narrow profile …