Research Channel | Advanced Search - Research Channel Africa

Back NEWS

Canadian Natural Resources considering major expansion of Horizon oil sands mine

Published: 03 May 24

Canada's largest oil and gas producer Canadian Natural Resources is looking at opportunities to significantly increase bitumen output at its main oil sands mine, the company said on Thursday. President Scott Stauth said the company is considering a 195 000 barrel-per-day (bpd) expansion at its Horizon mining and upgrading plant in northern Alberta through new extraction and treatment processes. Previously the company said it could add 75 000 bpd of bitumen, but Stauth said Canadian Natural had been able to enhance engineering and scale up the processes.

Hudbay is building Copper World, where it expects about 92 000 metric tons of average copper production over the first ten years.

Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets

Published: 03 May 24

he CEO of Canadian miner Hudbay Minerals said BHP Group's $39-billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a premium to buy existing copper mines. Hudbay expects to launch a formal sale process for a minority stake in its Arizona Copper World project in the United States later this year after already holding talks with companies.

Glencore studying an approach for Anglo American, sources say

Published: 03 May 24

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet approached Anglo, one of the sources said. The discussions are internal and preliminary at this stage and may not result in an approach, the source added.

Fuels, lubricants provider launches new brand positioning

Published: 03 May 24

African energy solutions group Engen has launched a new business-to-business brand positioning to cement the company as a preferred energy solutions provider to its commercial fuels and lubricants customers, including opencast mining companies – a significant user of fuels and lubricants owing to often-extensive fleets of large diesel-powered mining equipment. The company maintains its commitment to enriching lives for a sustainable future and its new ‘Always Moving’ slogan is aligned with the directive to keep assisting industries by providing them with technologically-advanced fuels, lubricants, chemicals and associated services.

New limestone quarry under development

Published: 03 May 24

As the important mineral component of its cement, limestone will soon be mined from a new deposit by aggregates and construction materials company AfriSam’s Ulco cement plant, in the Northern Cape. The relocated quarry will be capable of providing security of supply for about 40 years, and will need to deliver about two-million tonnes of limestone to Ulco each year.

Surface-mining skills shortage a concern – association

Published: 03 May 24

Amid the current economic challenges in South Africa, local mining and quarrying industry representative organisation Aspasa stresses the importance of discovering smarter ways of mining economically and calls for the creation of platforms for young people to develop in the industry. The association asserts that small-scale surface mines provide a broad spectrum of exposure for individuals entering the mining industry, as they can acquire a well-rounded knowledge while being deployed in surface mining operations.

Mine focuses on steady-state production, tech, cost saving

Published: 03 May 24

Coal exploration and mining company Canyon Coal is focusing on maintaining steady-state coal production at its Khanye colliery in Bronkhorstspruit, Gauteng, with the former having made significant progress in the past six months by improving production through smarter operational management, improved planning and cost-saving initiatives. The company has also made headway in reaching final rehabilitation levels in all three of the colliery’s opencast sections, demonstrating its commitment towards environmental sustainability and responsible mining practices.

Brick maker allays fears over coal mining licence

Published: 03 May 24

Clay brick and paver maker Corobrik reports that it has no intention of entering into the coal mining sector, despite its application to mine the commodity at its Centurion-based Rietvlei mine and plant. The company operates a clay mining operation near the ecologically-sensitive Rietvlei Nature Reserve and concerns were raised by the nearby community, reserve stakeholders and visitors when it came to their attention that Corobrik intended to apply for a licence to mine coal at its existing clay mine.

Underground construction employee dies at Harmony's Mponeng mine

Published: 02 May 24

Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, died at its Mponeng mine near Carletonville, in Gauteng, on May 1. The nature of the incident that led to the fatality is under investigation.

Diamcor announces C$1.5m private placement

Published: 02 May 24

Diamond mining company Diamcor Mining plans to complete a non-brokered private placement financing of up to C$1.5-million, and anticipates that an aggregate of up to C$1.25-million of the financing will be subscribed to by existing larger shareholders, management and directors. The company says the financing will consist of up to 30-million units at a price of C$0.05 each, with each unit consisting of one common share of the company and one common share purchase warrant.