CASABLANCA, Marokko–(BUSINESS WIRE)–OCP S.A. („OCP“ oder das „Unternehmen“), ein weltweit führender Anbieter von Düngemitteln, wird am Dienstag, 12. September 2017 seine Ergebnisse für das zweite Quartal und das erste Halbjahr 2017 veröffentlichen. Die Geschäftsergebnisse sind für Anleihegläubiger, qualifizierte institutionelle Käufer, Wertpapieranalysten und Market Maker ab 9:00 Uhr EDT bzw. 14:00 Uhr Ortszeit Marokko/London auf dem OCP Intralinks-Portal einsehbar. Die Geschäftsleitung von O
CASABLANCA, Maroc–(BUSINESS WIRE)–OCP S.A. (“OCP” ou la “Société”), un leader mondial du secteur des engrais, publiera ses résultats du deuxième trimestre et du premier semestre 2017, le mardi 12 septembre 2017. Les résultats seront mis à disposition des porteurs d’obligations de la Société, des acheteurs institutionnels agréés, des analystes en valeurs immobilières et des acteurs influents du marché, sur le portail Intralinks d’OCP, à partir de 9h00 EDT et de 14h00, heure du Maroc/Londres. L
African Petroleum Corp plans to go to court to resolve its dispute with Gambia, the Norwegian-listed company said on Monday, after the government stripped it of its rights to explore for oil in two offshore areas. “It is a matter of regret that it has come to this; however, we are confident in our legal position,” Chief Executive Jens Pace said in a statement posted on the company’s website.
The Australian Petroleum Production & Exploration Association (Appea) has slammed a decision by the Western Australian government to ban fracking in the South West, Peel and Perth metropolitan regions, as well as imposing a moratorium throughout the rest of Western Australia.
“The government recognises the need to protect the State’s environment from risks associated with extracting petroleum products using fracking,” Premier Mark McGowan said on Tuesday.
ASX-listed junior Alice Queen has reported a maiden mineral resource of 5.8-million tonnes for its flagship Horn Island gold project, in Queensland.
Grading 2.01 g/t gold, the project is estimated to host some 375 000 oz of gold.
Surface mining company DRDGold, which has spent more money on vegetating tailings dams in the last ten years than it has paid dividends to shareholders, is seeing its dump vegetation effort going up in smoke at the same time as it comes under criticism from a leading nongovernmental organisation (NGO) for allegedly failing to suppress dust adequately. After presenting 41% lower operating profit of R256.8-million in the 12 months to June 30, DRDGold CEO Niël Pretorius told investors, analysts and journalists that vegetation costing hundreds of thousands of rands per hectare is being burnt, along with the irrigation systems used to keep the vegetation moist.
Through subsidiary Jubilee Tailings Treatment Company, JSE-listed Jubilee Minerals has executed a framework, treatment of tailings and chrome-ore agreement with Dilokong Chrome Mines (DCM), as well as a third-party ore agreement for the toll-refining of run-of-mine (ROM) chrome ore. The agreement cancels and supersedes all existing agreements in respect of chrome processing and platinum group metals (PGMs) recovery at DCM.
ussia’s largest gold producer Polyus has started the first stage of hot commissioning of the Natalka mine – the LSE-listed company’s main greenfield project.
Located in Magadan, the Natalka mine will be largest in Russia’s Far East, with the capacity to produce between 420 000 oz/y to 470 000 oz/y.
CASABLANCA, Morocco–(BUSINESS WIRE)–OCP S.A. (“OCP” or the “Company”), a global leader in the fertilizer industry, will release its second quarter and first half 2017 results on Tuesday, September 12, 2017. The results will be available to holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers on the OCP Intralinks portal from 9 a.m. EDT and 2 p.m. Morocco/London time. OCP senior management will host a conference call to discuss second quarter an
CASABLANCA, Marocco–(BUSINESS WIRE)–OCP S.A. (“OCP” o la “Società”), leader globale nell’industria dei fertilizzanti, renderà noti i risultati sul secondo trimestre e sul primo semestre 2017 il giorno martedì 12 settembre 2017. I dati saranno disponibili sul portale Intralink di OCP per i titolari delle obbligazioni societarie, gli acquirenti istituzionali qualificati, gli analisti finanziari e i market maker a partire dalle ore 14:00 fuso orario del Marocco/di Londra (9:00 EDT). I quadri di
Mining equipment and services provider Sandvik Mining and Rock Technology on Tuesday officially opened its new R15-million production unit in Boksburg. The opening of the new 1 500 m2 facility, which has ten production bays, coincided with the launch of the 5 t Sandvik LH115L low-profile load haul dumpers (LHDs), which is new to the South African market and targeted for use in narrow reef orebodies, commonly found in the South African chrome and platinum sectors.
As emerging coal miner Minergy posts its maiden results for the year ended June 30, much work has been completed in the background to bring to fruition the full potential of the Masama project, in Botswana. So far, the potential of the resource, which was beyond expectations, had proven far superior to any other coal operations, even South Africa’s renowned coalfields, Minergy CEO Andre Boje told Mining Weekly Online on Tuesday.
The Queensland government has tipped ASX-listed Senex Energy as the preferred tenderer for a petroleum lease in the Surat basin, to supply gas to the domestic market.
Senex has been awarded 58 km2 of tenements in the Surat basin coal seam gas acreage, which hosts an estimated recoverable gas volume of 201 PJ, with about 100 well locations proposed.
The Western Australian government is considering changes to the Mining Act to clear up uncertainty around the grant of mining leases.
The move comes after mining personality Andrew Forrest in August won a High Court bid preventing two junior sand miners from gaining access to his family pastoral property, despite the two companies having been granted mining licences.
LIMA, Peru–(BUSINESS WIRE)–Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced that the processing plant at the Tambomayo project located in Arequipa, which was commissioned in December of 2016, has successfully completed the ramp up process. Tambomayo has stably operated at 1,500 TPD (full capacity) over a period exceeding two weeks. Chief Executive Off
The South African economy is out of recession at the moment, owing to a gross domestic product (GDP) growth of 2.5% in the second quarter of 2017, StatsSA announced on Tuesday. “Let’s go straight into the numbers … the GDP quarter-on-quarter [growth rate] is 2.5%. I saw that analysts in the media were betting on 2.3%, so it means they tripped by 0.2 percentage points. Year-on-year [the growth rate] its 1.1%. We should always keep these numbers in mind so that we have a better understanding of changes that occur,” Statistician-General Pali Lehohla said as he addressed a press briefing on the GDP estimates for the second quarter of 2017.
ASX-listed Orion Minerals is seeking a secondary listing on the main board of the JSE. It has applied for approval for the secondary listing under the bourse’s fast-track listing process.
Gold miner Troy Resources is hoping to increase the mine life of its Karouni project, in Guyana, beyond the current timeframe of 2020.
Troy said this week that the results of recent grade control drilling programmes and a higher gold price supported additional pit expansions in the Smarts 2, 3 and 4 stages, as well as at the Hicks 1 and 2 pits.
Philippine President Rodrigo Duterte said on Tuesday he agreed with banning open-pit mining in the Southeast Asian nation given the environmental harm it causes. He said he had asked Environment and Natural Resources Secretary Roy Cimatu “to look into the eventual closure of openpit mining.”
Triple-listed gold miner Caledonia Mining’s largest significant shareholder, investment services provider Allan Gray, has increased its interest in the company from 1.17-million common shares (11.06% of the shares in issue) to 1.26-million common shares (11.91% of the shares in issue), making Allan Gray a significant shareholder in the company. The aggregate number of shares of the company in which Allan Gray’s funds have an interest in Caledonia has, therefore, increased to 2. 045-million common shares, which represents a total of 19.38% of the shares in issue.
DUBLIN–(BUSINESS WIRE)–The “Graphite: Technologies and Global Markets” report has been added to Research and Markets’ offering. The global market for graphite reached $12.5 billion in 2016 and should reach $18.2 billion in 2021, growing at a compound annual growth rate (CAGR) of 7.7% from 2016 through 2021. The report covers the global graphite markets, providing the market information for 2015 and 2016 and forecasts for 2021. The scope of the report is coverage of the four graphite market se
BOGOTA, Colombia–(BUSINESS WIRE)–GeoPark Limited (“GeoPark” or the “Company”) (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Chile, Brazil, Argentina and Peru, today announced the discovery of the new Curucucu oil field in the Llanos 34 block (GeoPark operated with a 45% WI) in Colombia. GeoPark drilled and completed the Curucucu 1 exploration well to a total depth of 14,600 feet. A production
Diamond giant De Beers’ seventh sales cycle for this year saw a decline in the value of rough diamonds sold after some of the demand was absorbed in cycle six owing to an early Diwali. De Beers recorded a provisional $505-million in diamond sales during the seventh cycle, compared with $576-million in cycle six and $639-million in the comparative cycle seven in 2016.
The heavy haul industry should work hard to improve the efficiency of rail operations, cut costs of doing business and create internationally competitive supply chains, says Transnet Group CE Siyabonga Gama. He told delegates at the eleventh International Heavy Haul Association (IHHA) conference, in Cape Town, this week, that heavy haul operations were the most efficient way to carry bulk over long distances “at this time and in this era.”
Mineral Resources Minister Mosebenzi Zwane has instructed that no stone should be left unturned in getting to the cause of the accident which claimed the lives of five mine workers at Harmony Gold’s Kusasalethu mine last week. “This should be a turning point in as far as accidents and fatalities at our mines are concerned,” Zwane said in a statement. “The investigation into the fall-of-ground accident has commenced, starting with an in-loco inspection immediately after our briefing earlier.”
NEW YORK–(BUSINESS WIRE)–Diamond prices remained under pressure with slow trading during the August vacation period. Liquidity and profitability tightened during the summer, but suppliers are optimistic that trading will improve ahead of the fourth-quarter holiday season. The RapNet Diamond Index (RAPI™) for 1-carat diamonds fell 0.6% in August and declined 3.8% since January 1. RapNet Diamond Index (RAPI™) August Aug. 1, 2017 – Sep. 1, 2017 YTD Jan. 1, 2017 – Sep. 1, 2017
The Barruecopardo tungsten project in Salamanca, north-west Spain, is proceeding at a rapid pace and is on schedule for commissioning in the third quarter of next year.
Construction activities are under way, with several contracts having been awarded, Ireland- and UK-listed explorer Ormonde Mining reported on Tuesday.
Following a business review in the wake of legislative changes in Tanzania, Aim-listed Shanta Gold is optimistic of emerging with a leaner cost structure, an enhanced focus on increased cash generation, greater internal Tanzanian leadership and reduced financial risk. With new initiatives in play, the East Africa-focused gold producer, developer and explorer will ramp up the New Luika gold mine’s underground production in 2017/18; reduce run-rate costs by an estimated $5-million a year; internalise core competencies; realign management incentives and refocus its exploration strategy going forward.
Gold junior Empire Resources has started trucking ore from its Penny’s Find gold mine, in Western Australia, to a second processing mill.
The company on Tuesday announced that the latest arrangement would see ore hauled from Penny’s Find to the Lakewood toll milling facility, on the outskirts of Kalgoorlie.
The share price of tungsten developer Vital Metals jumped by nearly 15% on Tuesday after the company announced that optimisation studies at its Watershed project, in far north Queensland, had boosted the project value.
Metallurgical test work optimisation at Watershed has improved tungsten recoveries from 74% to 77%, as the company focused on optimsing the feed size to the density media separation (DMS) plant to increase efficiencies and recoveries.
Surface material gold-mining company DRDGold on Tuesday declared a final dividend of 5 c a share despite the challenging 12 months to June 30. DRDGold CEO Niël Pretorius described the company’s exacting financial year 2017 financial year as positioning the company well for FY2018 and beyond.
The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the ageing province’s surprising resilience to the crude-market slump.
Fourteen projects with combined peak production of 230000 barrels of oil equivalent a day will start in the region this year, according to data from consultant Wood Mackenzie. That’s the most since 2007, reflecting the payoff from multiyear investments begun when oil prices were still over $100 a barrel.
The Australian resources sector has welcomed a A$100-million investment by the federal government to encourage greenfield mineral exploration.
Prime Minister Malcolm Turnbull over the weekend announced that the government would provide tax incentives for junior exploration companies to encourage investment and risk taking, which are needed to underpin the future strength of the Australian resources sector and the economy.
Mining major BHP has produced its first ore from the high-grade underground expansion at the Southern Mining Area (SMA) of its Olympic Dam operations, in South Australia.
The miner previously abandoned plans to expand its openpit operations at Olympic Dam, opting rather for an underground development pathway that could see copper production increase to 450 000 t/y from 2025.
