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Sierra Leone card dealt; Greenland in limbo

London Mining’s administrators are on the verge of finalising the sale of the Marampa iron ore mine in Sierra Leone, but the future of the Isua project in Greenland is less clear given the simultaneous downfall of company and government. Full story...

Nickel price will go higher

Hardly any new nickel smelters are being built by Chinese operators in Indonesia, raising the spectre of supply shortages for Chinese stainless steel producers and a price spike to US$20,000/t, research firm Wood Mackenzie told Mining Journal. Full story...

Ilovitza streams with confidence

A streaming deal covering a third of the capital requirement for TSX-listed Euromax Resources’ Ilovitza gold-copper development in Macedonia has shown a rare confidence on behalf of financiers at a time when faith in the resources sector is thin on the ground. Full story...

Weighing up the risks

Despite long-standing claims of sub-Saharan Africa’s mineral potential, the mining industry has historically been somewhat short-sighted and risk averse in its approach to the continent. Full story...

Enter the Turk

A Turkish billionaire has shaken up the US$11 billion global soda ash (soda carbonate NA2CO3) market by producing low-cost soda from deposits in his native country, opening up a source of cheap imports for customers in Europe where his rivals have been driven out of business, Mining Journal can reveal. Full story...

Mutiny’s bounty

In keeping tune with its company name, the last managing director of Mutiny Gold was forcibly removed earlier this year by a fellow director and shareholders. But while the vanquished John Greeve may have had to be metaphorically dragged out of the company kicking and screaming, the good news is the shares held by him and his fellow shareholders may again be in demand given development plans and corporate action. Full story...

Copper North looks east

Many North American investors would have been scratching their heads over Copper North Mining’s decision to employ a Chinese firm for the feasibility study on its Carmacks copper project in the Yukon. But it could be just what the doctor ordered. Full story...

Mr Fix-it arrives at Minbos

It might be a bit of a stretch to call Lindsay Reed, Minbos Resources’ new CEO, a doppelganger of Harvey Keitel’s Mr Wolf character, but at least one part of the equation lends itself to the analogy. Minbos is a bit of a basket case that someone needs to come in and sort out. Full story...

APM aims to get busy on the ground

Well-funded and technically ready to “walk the talk” is how chief executive Andrew Mooney describes privately-backed Asia Pacific Mining (APM) after the Myanmar-focussed junior was said to recently become the “first Western-led mining development company to be granted a [100%-owned] exploration licence” in the country. Full story...

Time to dig up the past

The low hanging fruit is gone. The majors have chopped billions of dollars from cost bases and have appeased shareholders with either the payment, or promise, of capital returns. To keep dividends coming, though, they have to confront the industry’s great bugbear, productivity. Full story...

Coal still king in China: WoodMac

Coal will remain the dominant fuel in China’s energy mix even as the state implements environmental policies that encourage more use of natural gas, Wood Mackenzie has concluded. Full story...

Kingsgate looks to new day

That was quick! Barely 5-6 weeks into his role as the new CEO of 200,000oz-per-annum gold miner Kingsgate Consolidated, Geoff Day has left the building. Day’s CFO Austen Perrin has also exited, just over three weeks after he started in the Kingsgate office. Full story...
Read articles from the latest Print Edition - MJ 24/10/14
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PROFESSIONAL PLACEMENTS

Professional PlacementsProfessional Placements: Executive Director - PDAC

The Prospectors & Developers Association of Canada (PDAC) is seeking an Executive Director (ED) to oversee its operations from its headquarters in Toronto, Ontario

COMPANY PROFILES
Russian precious metals company Polymetal International plc’s commitment to establishing an extensive pipeline of growth projects has continued with the acquisition of the Kyzyl gold project.
Russian precious-metals company Polymetal International plc has made significant progress at the Semcha platinum-group metals (PGM) property in the past year as it moves the project towards a preliminary economic assessment
The Republic of Guinea intends to launch, pursuant to the mining Code, a competitive and transparent invitation to tender for three bauxite mining blocks located in the prefectures of Boffa, Boké and Télimélé.
Indochine Mining Limited is developing a high-grade gold project at Mt Kare in PNG by rapidly developing wide, high-grade gold zones
Sarama Resources is a West Africa-focused gold explorer with substantial landholdings in Burkina Faso, Liberia and Mali.
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