Speciality Minerals

Speciality Minerals include rare earth elements, or rare earths, (including lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium), fluorspar, phosphate, potash, graphite, lithium, mineral sands (including titatinum, ilmenite, zircon, leucoxene, and rutile)

Massive phosphates expansion in Morocco

[img:Morocco%20-%20Pic%201_0.jpg|Mostafa Terrab,
Chief Executive,
OCP
]Casa Blanca, Morocco --- MININGREVIEW.COM --- 13 October 2008 - The world’s leading phosphate exporter – Office Cherifien de Phosphate (OCP) – plans to invest more than US$12 billion (R100 billion) to expand its output and world market share.
 
Reporting from here, Reuters quotes OCP chief executive Mostafa Terrab as saying the investment would come in successive waves over the next seven to eight years to meet higher world market demand in the next cycle of growth.

IFM share buy-back

[img:IFM1%20-%20Pic%201_0.jpg|The IFM ferrochrome
processing facility
at Buffelsfontein,
in the North West
Province
]London, England --- MININGREVIEW.COM --- 08 October 2008 - Integrated ferrochrome producer International Ferro Metals Limited (IFM) – listed on the London Stock Exchange – has launched a 1.6 million share buy-back programme at 37.95 pence each, and these shares will be cancelled.

Egyptian tantalum projects moving ahead

[img:tantalum%201.thumbnail.JPG|A Gippsland drilling
crew at work in
Egypt
]London, England --- MININGREVIEW.COM --- 06 October 2008 - Gippsland Limited – an Australian-based international resource company listed on the Australian Stock Exchange and the London Stock Exchange's Alternative Investment Market – has completed a R6.5 million placing of 17-million fully paid ordinary shares to help develop the 44.5 million-tonne Abu Dabbab and the 98 million-tonne Nuweibi tantalum projects in Egypt.

Exxaro acquires Namakwa Sands

[img:Exxaro%20cons_0.jpg|The mineral wash
plant at Namakwa
Sands 1
]Johannesburg, South Africa --- MININGREVIEW.COM --- 02 October 2008 - Diversified, South African-based resources group Exxaro Resources Limited (Exxaro) has acquired the Namakwa Sands operations from Anglo American for a cash consideration of R2 015 million, and will acquire a 26% interest in Black Mountain Mining from Anglo American for approximately R180 million.

WHEEL LOADERS FOR NAMAKWA SANDS

Mineral sands producer Namakwa Sands’ mine at Brand se Baai on the Cape west coast selected the newly introduced 52.7 tonne Komatsu WA600- 6 wheel loader for deployment on load-and-carry work at its east mine on account of it being the lowest cost per tonne and highest tonnes per hour machine available on the market.

The first purchaser of the new generation machines in southern Africa, Namakwa Sands took delivery of two units from Komatsu Southern Africa earlier this year and has a third on order that is due for delivery in November.

AMBATOVY’S ACID PLANT

The US$3.25 billion Ambatovy nickel and cobalt project, located in Madagascar 10 km to the south of Tamatave, is set to begin production in 2010 after construction began last year.

The project is owned by Sherrit International (40%), Sumitomo (27.5%), Korean Resources Corporation (27.5%) and SNC Lavalin (5%), (the project engineering procurement construction management (EPCM) contractor). Included in that project cost is the work being done to ensure it has a minimal impact on Madagascar’s environmentally sensitive tropical forest land where it is located. The actual nickel-laterite mine site is 200 km inland, with the processing plant located near the port of Tamatave.

Second worker dies in steel plant incident

[img:Arcelor%20burn_0.jpg|An Arcelor electric
arc furnace in
operation
]Johannesburg, South Africa --- MININGREVIEW.COM --- 25 September 2008 - ArcelorMittal – the world's number one steel company, with over 320 000 employees in more than 60 countries – has announced that a second worker has died at one of its plants in South Africa.

Revealing this in an interview with Reuters, the company explained that the worker had died of gas inhalation, bringing the death toll to two from the incident earlier this week at its Saldanha plant in the Western Cape province.

Worker loses life in steel plant

[img:Arcelor%20burn_0.jpg|An Arcelor electric
arc furnace in
operation
]Johannesburg, South Africa --- MININGREVIEW.COM --- 23 September 2008 - ArcelorMittal – the world's number one steel company, with over 320 000 employees in more than 60 countries – has announced that a worker has been killed at one of its plants in South Africa.

Revealing this in an interview with Reuters, the company pointed out that this was the first fatality the group has experienced in South Africa this year.

Impressive profits and production

[img:IFM1%20-%20Pic%201_0.jpg|The IFM ferrochrome
processing facility at
Buffelsfontein in the
North West Province
]London, England --- MININGREVIEW.COM --- 22 September 2008 - Integrated ferrochrome producer International Ferro Metals Limited (IFM) – listed on the London Stock Exchange – has completed an impressive first full year of production in South Africa, posted a substantial turnaround in net profit, and expects both production and profits to increase further in the current financial year.

Sallies turns loss into profit

[img:Sallies%20-%20Pic%201_0.jpg|The flotation plant
at Sallies’ Witkop
Fluorspar Mine, in
North-West Province
]Johannesburg, South Africa --- MININGREVIEW.COM --- 10 September 2008 - Sallies Limited has reported an operating profit of R7.8 million for the year ended 30 June 2008 – a R28.8 million turnaround in its operating results from a loss of R20.9 million in the previous year.

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