Australian firm Ludowici buys Meshcape

ASX-listed global mineral processing equipment manufacturer Ludowici has acquired South African screening media manufacturer Meshcape, in a move to accelerate its expansion into new markets in Africa, Ludowici Africa GM Fanie Swart said on Monday.

Mining Weekly | August 8, 2011 | 10:51 pm

Altius, Cliffs expand Canadian exploration venture

Newfoundland-based Altius Minerals has expanded its exploration agreement with number-one US iron-ore miner Cliffs Natural Resources to include a new project in northern Labrador, it said on Monday. Image of serpentinized ultramafics with Cr pods in the Pipestone Pond area, by Altius Minerals

Mining Weekly | August 8, 2011 | 9:05 pm

Australian firm Ludowici buys Meshcape

JOHANNESBURG (miningweekly.com) – ASX-listed global mineral processing equipment manufacturer Ludowici has acquired South African screening media manufacturer Meshcape, in a move to accelerate its expansion into new markets in Africa, Ludowici Africa

Mining Weekly | August 8, 2011 | 10:14 am

Gold One’s Rand Uranium buy, Chinese transaction approved

PERTH (miningweekly.com) The South African consumer watchdog has granted permission to ASX- and JSE-listed Gold One to continue with its takeover of Rand Uranium, as well as to take on a Chinese consortium as its majority shareholder. Gold One signed a

Mining Weekly | August 8, 2011 | 7:42 am

Hudbay agrees to sell Guatemalan nickel mine for $170m

TSX-listed Hudbay Minerals is to sell its Guatemalan Fenix project to Cyprus-based Solway Group for $170-million, the company said late on Friday. Solway, which owns mines in the Ukraine and Macedonia, will pay $140-million in cash on closing and $30-million once certain milestones in the nickel project’s development are reached, Hudbay said.

Mining Weekly | August 5, 2011 | 11:45 pm

Liberty Mines’ ops still halted

TSX-listed Liberty Mines posted a $4.3-million operating loss for the second quarter on Friday, as production still hadn’t started at its Ontario nickel operations remained halted after problems with its tailings storage.

Mining Weekly | August 5, 2011 | 9:05 pm

Canadian government collected 65% more revenue from mining firms in 2010 – MAC

Mining companies are expected to invest more than $116-billion in Canada over the next five years, an industry body said on Thursday.

Mining Weekly | August 5, 2011 | 6:00 pm

Copper sinks to two-month low, demand fears dominate

London copper fell to its lowest in more than a month on Friday as investors retreated from the industrial metal on escalating fears over economic and demand growth in the United States and the euro zone, both mired in a debt crisis.

Mining Weekly | August 5, 2011 | 1:55 pm

Strike to impact on Northam Platinum FY earnings

JSE-listed Northam Platinum said on Friday that the six-week strike in the first half its 2011 financial year would result in lower earnings.

Mining Weekly | August 5, 2011 | 12:55 pm

Despite Japan, one of best decades ahead for uranium – Cameco’s Gitzel

TORONTO (miningweekly.com) – Cameco, which reported a 23% drop in second quarter profits on Thursday, said despite again lowering its uranium demand growth projections, it expects the decade ahead to be one of the industry’s best ever. “We still

Mining Weekly | August 4, 2011 | 7:25 pm

BBEnergy clinches projects worth a combined R60m in first four months of operation

Energy management company BBEnergy has been awarded four projects worth a total of R60-million within its first four months of operation.

Mining Weekly | August 4, 2011 | 6:58 pm

Metorex to delist from JSE in early December

Base metals miner Metorex is expected to delist from the JSE in early December, following the completion of a takeover by Chinese group Jinchuan which made a R9.1bn ($7.3bn) offer for Metorex last month. Jinchuan said that the acquisition of Metorex provided it with an opportunity to acquire a scalable African copper producer with a strong management team and substantial growth potential.

Mining Weekly | August 2, 2011 | 3:52 pm

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