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Potential diamond mine buyers few, says Harry Winston boss
There is a “narrowed field” of potential suitors for diamonds mines, owing to the complexities of the market, Canada’s Harry Winston chairperson and CEO Robert Gannicott said on Thursday. “It’s...
CIC Energy sells C$10m stake to Vitol
Shares in CIC Energy, hoping to build a coal mine and power station in Botswana, rose on Tuesday after the company agreed to sell a 9.1% stake to Geneva-based energy trader Vitol for C$10-million,...
Canadian uranium ownership policy to remain for now: Oliver
Foreign-owned uranium companies hoping to build uranium mines in Canada, including diversified giant Rio Tinto and Australia’s Paladin Energy might be disappointed that the federal government still...
Economic jitters haven't frozen mining credit - HudBay's Garofalo
As markets continued to sway on Wednesday, base metals producer HudBay Minerals CEO David Garofalo assured investors that there had been no credit freeze for mining companies with good projects....
HCI Khusela eyes first production from SA coal mines this month
Coal junior HCI Khusela Coal (HKC) would begin production from its first two mines this month, after the Department of Minerals and Energy granted it mining rights, it said on Tuesday night. The...
SA’s golden era as one of world’s top gold producers ending
South Africa’s gold mining production could drop to levels below the 200 t mark this year, levels last seen about 100 years ago, owing to the power crisis that is set to plague it deep into...
Dry-ice cleaning now accessible to foundry industry
LRM Blaster technical director Tom Sowry tells Engineering News that with LRM’s new Triventek dry ice blasters, pelletisers and recovery units, the company can offer customers in the foundry...
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