Category Archives: Mineral Processing

Indonesia urges nations to be transparent about mineral requirements

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Nusa Dua, Bali (ANTARA News) – Indonesia has asked Japan, China and South Korea to be transparent about their mineral import requirements and provide guidance on the outlook for minerals to ensure market stability.

“Guidance on the outlook, such as the guidance for energy, is very important to maintain balanced supply and demand in the regions mineral and metal markets,” chairman of the ASEAN Plus Three Senior Officials Meeting on Minerals (ASOMM+3) R Sukhyar said here on Wednesday.

Read more at: http://www.antaranews.com/en/news/91606/indonesia-urges-nations-to-be-transparent-about-mineral-requirements

Vale’s New Caledonia plant closed for at least a month

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The nickel company Vale in New Caledonia says its plant will remain closed until at least late December.

Vale suspended operations a week ago after it became known that an effluent pipe leading through a lagoon of a World Heritage site was broken.

It says an investigation has shown that there was too much air in the pipe, causing it to burst.

Read more at: http://www.rnzi.com/pages/news.php?op=read&id=80788

Indonesian gold mines and old Russian chemical manufacturing regions are among the most dangerous areas on earth

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A list of ten filthy sites, from Russia to Indonesia to Ghana, has been amassed by the global environmental group The Blacksmith Institute – which says 200 million people are endangered daily in the top ten places alone.

Implications of Indonesia mining law clear but consequences are not

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Ministry of Energy and Mineral Resources Regulation 27/2013, when it appeared two months ago, crystallised almost everything that worried foreigners about the tone and intent of the mining law passed in 2009.

Although one key intent was to re-create a reliable framework for foreign investment – which, outside coal, remains critical to developing Indonesia’s mineral resources – the law is characterised by a general suspicion of mining activity, a particular impatience with foreign ownership, unsparing regulation and government rent-seeking.

Read more at : http://www.theaustralian.com.au/business/mining-energy/the-implications-of-indonesias-mining-law-are-now-clear-but-its-consequences-are-not/story-e6frg9df-1226758553781#sthash.iOD76ZCa.dpuf

Zimbabwe may halt exports raw platinum exports -state media

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Nov 11 (Reuters) – Zimbabwe may halt exports of raw platinum to South Africa to force mining companies to build a refinery in the country as a two-year deadline has expired, state media quoted President Robert Mugabe as saying.

Read more at: http://uk.reuters.com/article/2013/11/11/zimbabwe-mugabe-platinum-idUKL5N0IW1S420131111

Baosteel’s slag processing technology enters South American market

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Chinese steel giant Baosteel Group has announced that its BSSF (Baosteel slag short flow) roller slag processing technology and equipment with independent intellectual property rights will be used at the steel production facilities of Brazilian slab producer Companhia Siderúrgica do Pecém (CSP), marking the successful entry of the technology into the South American market. With the aim of entering the market in question, Baosteel had upgraded and improved the equipment to reduce maintenance costs and to increase the slag treatment capacity.

Read more at: http://www.steelorbis.com/steel-news/latest-news/baosteels-slag-processing-technology-enters-south-american-market-793903.htm

Exciting new AngloGold Ashanti technology produces first gold

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JOHANNESBURG (miningweekly.com) – The exciting new South African gold-mining technology that has the potential to change the face of South Africa’s struggling precious metals mining business, has produced its first gold.

AngloGold Ashanti, South Africa’s biggest gold mining company, which produced this pioneering gold at its Tau Tona gold mine, intends going operational on a second site in April and a third site in July.

Read more at: http://www.miningweekly.com/article/exciting-new-anglogold-ashanti-technology-produces-first-gold-2013-11-06

Indonesia takes over Inalum smelter

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JAKARTA: Indonesia has taken control of the country’s only aluminium smelter even though the government and the facility’s majority Japanese shareholders have yet to agree a price, Indonesian government officials said.

Talks over Indonesia Asahan Aluminium (Inalum) reached a stalemate after the South-East Asian state and the Japanese shareholders, which include Sumitomo Chemicals Corp and Mitsubishi Corp, chose different mechanisms to evaluate the smelter.

http://www.thestar.com.my/Business/Business-News/2013/11/04/Indonesia-takes-over-Inalum-smelter.aspx

Glencore Xstrata approved for JSE listing

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JOHANNESBURG – Glencore Xstrata has received its regulatory approval for a JSE listing.

The heavyweight resources and commodity trading group says it will debut on November 13.

Glencore Xstrata, which has its primary listing in London, will rank among the top three on the JSE in terms of the total value of the company’s shares.

http://mobi.enca.com/money/glencore-xstrata-goes-public

Vale’s Earnings Surge on Output

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Vale Indonesia, the country’s biggest nickel miner, posted a 64 percent increase in profit in the first nine months of this year on the back of rising production and improving operations.

In a statement released on Thursday, the company said that its net income jumped to $47.28 million in the January-September period from $28.94 million in the corresponding period last year.

http://www.thejakartaglobe.com/business/vale-indonesia-earnings-surge-on-output/

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