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Vast Resources, Botswana Diamonds receive preliminary geological assessment on Marange JV
Published: 17 Oct 18
Aim-listed Vast Resources, together with Botswana Diamonds (BOD), have received an independent competent person’s preliminary geological assessment relating to the Heritage concession within the Marange diamond fields of Zimbabwe, in which specific exploration recommendations were made. As announced on October 4, BOD has entered an agreement with Vast under which BOD will be engaged in due diligence, exploration, mining and marketing on the Heritage concession.
Jubilee reports solid Q3 performance, growing demand
Published: 17 Oct 18
AltX- and Aim-listed Jubilee Metals has seen a growing demand from both small and global mining companies wanting to work with Jubilee to access the metals available in mine waste, CEO Leon Coetzer said on Wednesday. This statement comes amid the diversified metals recovery company having reported another solid performance for the third quarter of this year.
African countries can leapfrog technologies, if they understand the requirements
Published: 17 Oct 18
The world, in trade and industrial terms, is being disrupted by both technological and political developments, providing opportunities but also posing risks to African countries. So highlighted University of Cape Town Mandela School of Public Governance Professor Carlos Lopes. On the technological side, advances in recent years created possibilities of leapfrogging over existing technologies well-established in more mature economies. However, he cautioned that to leapfrog technologies "you need a certain level of sophistication".
Alcoa to close two Spanish aluminium plants with job losses
Published: 17 Oct 18
Alcoa said on Wednesday it would close two of its three aluminium plants in Spain with a combined annual production of 180 000 metric tonnes, resulting in the lay off of almost 700 workers. The Aviles and La Coruna plants were two of the least productive due to intrinsic structural problems such as inefficient technology and high fixed costs, Alcoa said in a statement.
Endeavour moves forward Ity gold pour Endeavour moves forward Ity gold pour
Published: 17 Oct 18
The Ity carbon-in-leach (CIL) gold project that Endeavour Mining’s in-house team is building in Côte d'Ivoire is tracking two months ahead of schedule and will pour its first gold at the beginning of the March 2019 quarter, rather than mid-year, the Canadian firm reported on Wednesday. In a construction update, the company said that the project was about 75% completed. Nearly all the $412-million initial capital cost had been committed and about 65% had been spent.
Improved, integrated healthcare waste management policy needed – health dept
Published: 17 Oct 18
A survey conducted by Department of Health found that the majority (79%) of Gauteng public healthcare facilities have a healthcare waste management policy (HCWMP) in place; however, the policy was not always integrated with the various environmental, occupational health and safety as well as community aspects. The findings of the survey were presented at WasteCon 2018, on Wednesday, by the department’s healthcare waste and occupational hygiene risk management officer Tumi Ramodipa.
First electricity from Imaloto slated for 2021 First electricity from Imaloto slated for 2021
Published: 17 Oct 18
Aim-listed Bushveld Minerals, parent company of coal and energy company Lemur Holdings, on Wednesday announced that the Imaloto project is on track to deliver electricity to south-western Madagascar by 2021. The Imaloto project is a developing integrated thermal coal mining and independent power project in Madagascar.
Asanko tracking top end of H2 guidance
Published: 17 Oct 18
Mining operations at the Asanko Gold Mine (AGM) are ahead of plan, standing the Ghana joint venture (JV) operation in good stead to meet its full-year production guidance of 200 000 oz to 220 000 oz. The mine – a 50:50 JV between Asanko Gold and Gold Fields – produced a record 61 599 oz in the third quarter, tracking the higher end of the second-half guidance of 110 000 oz to 120 000 oz.
Amplats sets new benchmark with two Kom-Vision equipped vehicles at Mogalakwena complex
Published: 17 Oct 18
Platinum mining major Anglo American Platinum (Amplats) has acquired two Kom-Vision-equipped Komatsu 930E earthmoving vehicles that have entered into production at the Mogalakwena Complex, setting a new benchmark for the miner. Amplats’ safety strategy is based on four pillars, namely systems, people and behaviour, engineering solutions, and wellness in the workplace. The Komatsu trucks, the miner said, are included in the significant investments in engineering controls that the company has made to manage risks. 
It’s a tough market out there and it’s not getting better, says CMH It’s a tough market out there and it’s not getting better, says CMH
Published: 17 Oct 18
It has been a challenging year for corporate South Africa, says Combined Motor Holdings (CMH). “The economy has suffered from the after-effects of years of corruption and mismanagement, [as well as] the ANC's recent pronouncement that it intends to amend the Constitution to allow land redistribution without compensation.
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