Mn mine in Zambia seeks JV partner

Erfwise Traders own a Zambian mining company fully legally compliant with relevant Tax and Export Incentives, with a ten year (renewable) mining license.
 
Their Mn mine contains very high grade ore, above 54% and they  are seeking to expand their output substantially to 360,000Mt pa.

In order to do this, the company is offering an equity shareholding, or may consider an outright sale of the mine, as they have other mining operations in another part of the country, in other metals. 

Erfwise Traders are seeking a JV mining partner for a payment of US$2,5 million, who will receive equity and full participation in all future profits.


Erfwise Traders intends utilising a contract mining company, therefore no capital equipment outlay will be required.  

We are busy securing offtake agreements for 20,000Mt + monthly. The mine will be managed by current owners, and mined by the contract mining group.

Contact Peter van Zyl, Managing Director, Erfwise Traders via Linkedin:
http://za.linkedin.com/pub/peter-van-zyl/16/b63/112 

Tanzania Mineral Resource Alliance, a specialist mining company for explorers & miners

•  Narrow Vein Reef mining
• Alluvial Mining + bulk sampling
• Mineral Classification/Separation & Analysis

TMRA is a newly formed 2012 African company focussed on specializing in Shallow Narrow Vein Reef mining, alluvial mining and providing a fast on-site bulk sampling / in-soil mineral recovery & analysis........targeting 16 valuable minerals.

In addition to servicing our own mining leases, we aim to provide a service in partnership (or by contractual agreement) with Artisanal miners/Villagers communities, PML holders, Exploration companies and Mining companies .

Through-out 2012, TMRA carried field Studies & Research in mining camps & mineral fields through-out Tanzania and we have recognized that here is a over-whelming demand for this type of specialized mobile service.... if not through-out Africa

We have since turned our attention to Designing & Drafting high-tech equipment into our 2 machinery models, which will incorporate various components from 7 Global companies, offering the very latest fast & efficient economical, environmentally friendly mineral recovery systems available to the mining industry to date... into 1 complete small & highly mobile package.

TMRA is presently seeking expression of interest from parties interested in joining us. We are anticipating our small, but highly mobilized track mounted machinery and Service will be much sort after …..and a viable venture for all concerned.

Contact Terrence Simms on terrencesimms2 @ gmail.com

Online Auctions Gain Momentum with Big Mining Houses

In wake of the recent overhaul of the auction industry at large, there is evidence of changing behaviour patterns of both buyers and sellers as they look to the CPA and international markets for guidance. Following international trends, the market is seeing a demand for more legal compliance through tracking of bids, reporting structures back to sellers as well as wanting to maximise outreach into new markets such as Africa, Australia and the Middle East. In addition, prospectors, second tier miners and traders all want access to clean second hand stock from reputable sources as they cannot afford the more expensive new equipment. Enter the online auction platform, servicing both buyers and sellers in a more robust and professional capacity.  

A new yet seasoned player identifying this gap in the industry is a specialised firm focusing exclusively on mining, maritime and aviation,solely using the online auction mechanism. The company, Clear Asset Pty Ltd, brings together a partnership of 16 years of dedicated online and physical auction expertise, international business acumen and niche moveable asset proficiency both in South Africa and North America.

“Clear Asset is about offering clients an easy option to bid with minimal inconvenience for decision makers, offering them immediate access to information on the web and an advanced online bidding system. Not only can buyers bid online, but sellers are now able to regularly feed assets onto an auction themselves, regardless of volume or location,'' says MD Ariella Kuper.

Success in the online mining space was witnessed earlier this year with successful online mining auctions handled by Ms Kuper for Diesel Power (and again in March with Sentula) as reported by Mining Weekly in their February edition, with her pilot auction securing a 61% confirmation rate.

''The concept of the online platform is to offer web access for buyers regardless of location, enabling them to inspect and bid on prime and secondary assets from respected suppliers looking to make room for new price OEM assets. It's like a car out of motorplan, still in good condition but the warranties can be onerous for listed companies,'' adds Kuper.''Clear Asset’s upcoming online auction on 27 September offers stock from the likes of Anglo Platinum (Bathupela mine), Lonmin (Marikane mine) and Diesel Power, all whom are looking to clear up their yards of surplus equipment, through a controlled and reputable mechanism.''

“Online auctions offer a transparent method of sale for sellers as we can provide auditable reports of bid activity to ensure maximum accountability. This is critical for listed mining houses from a compliance aspect. It also allows mines to dispose of assets from various sites at one time without stockpiling or unnecessary transportation to a central site. The result is that mines achieve maximum outreach with an expertly managed end-to-end process. For buyers, they can access the assets online, assess interest based on the due diligence online and then still decide if they need to send a technician out to verify the information through physical inspection if required”.

The online system allows bidding regardless of location and time zone and reduces time out the office for the decision makers. It is about ease and efficiency. Looking abroad, Canadian auction powerhouse Ritchie Brothers recently confirmed they have moved US$5 billion through online equipment sales. In a recent article Ritchie Bros. Chief Operating Officer Bob Armstrong attributed this to changing behaviour patterns. ''The recession actually helped turn some buyers to (our online) auctions as they realised they didn't necessarily need to buy brand new equipment. The vast majority of the online buyers are (still) doing inspections of the equipment before they bid, they just don't want to be there on sale day because they're busy, explained Armstrong.

It appears that online is the auction platform to watch in SA as 2nd tier miners, speculators and prospectors in SA and across Tanzania, Angola, Zambia etc are looking for reputable stock at second hand prices.

For full details on the 27 Sep 2012 auction with Clear Asset visit www.clearasset.co.za or contact Ariella Kuper on ariella@clearasset.co.za or 079 8999 998

JV partner sought for diamond mine in Namibia

Three businessmen acquired a diamond mine in the south of Namibia along the Orange River where you find the best gem quality diamonds in the world. 

This mine has a valid mining license and management will be able to renew the license for 10 years. Management has the sole mandate on this mine from the liquidators. 

Management has all the reports and intelligence on the mine. 

Management also has access to all the trained personnel that will be needed on this mine. 

The owners need to put up a new plant on the mine, because the old plant is too small and out of order. 

The owners have the knowhow to revamp the mine and to get it into full production. 

Capital is needed to do this and therefore the management is looking for a joint venture partner to go with us into a joint venture.

The partners will receive 70% ownership of the newly registered company, mine, equipment and license. 

Dividends will also be paid out 70/30 after all capital was paid back to the funders. 

We will be able to manage the mine and the production. We can be in full production within 3 months after receiving the funds. We have a detailed business plan and a 5 year budget plan on all income and expenses. We would welcome it if interested parties can visit us and the mining area for their own account. 

Should you need more info or have any questions you are welcome to contact Leon Nienaber on lnienaber @ live.com

About the region:

In 2005 Namibian diamond production amounted to an estimated US$ 0.9 Billion about 7% of the global contribution. In carat terms Namibia produces about 98% of gem quality diamonds, making it one of the world's largest producers of gem quality diamonds. Namibia produced a total of 1.4 Mct in 2003. In 2003 it was estimated that onshore operations account for about 55% of production and offshore operations for 45% of production.

It is estimated that over 100 Mct have been produced since mining began in 1908. Diamonds are mined along ancient river terraces along the banks of the Orange River, paleo beach deposits along the south western and western coast of Namibia, as well as from marine deposits situated offshore.

Geological reports of the area have been carried out in the past which indicate that the three blocks have inferred reserves of 9.5 million tonnes of diamondiferous deposits. In addition the paleo areas in blocks 10, 11 and 12 have inferred reserves of another 7 million tonnes. The reports suggest that there are between 321,250 and 477,500 cts of diamonds to be extracted from the three blocks.

Gold and coltan mine in the D.R.C. seeks investor

A gold and coltan mine in the D.R.C. in the province of Katanga, district of TANGANIKA (kalemie) is looking for a company that has top of the range equipment that can extract gold from the ground. The mine is situated about 160km from Kalemie and the route is very accessible.

 Production has been very low due to a lack of professional equipment needed to find the gold; past ventures of gold extraction were based on guessing where to dig instead of using professional detectors that can give precise indications on where the gold is underground.

However, gold has been found within 1m dept of soil digging indicating that with the right equipment production can be profitable. 

The mine is looking for investors with adequate equipment which will be vital in the extraction of the above mentioned mineral; the land in question is about 30 km square in size. 

Apart from the above mentioned, the company has trees that are 5m in height, which could be manufactured and processed into black wood. The company wishes to formalise collaboration with the signature of a contract of partnership that will also constitute the legal base of this collaboration and aim to protect the security of the interests of the two parties.

Contact Suza Adam, Spindle Communications, suza.adam@madiniafrica.com

Platfields CEO gets seat on Mineral Resources Ministers’ Platinum Task Team

Bongani Mbindwane, CEO of Platfields Ltd was allocated a seat on the minister's platinum task team, under the auspices of MIGDETT.

The PTT is a technical working group that will develop and recommend to the Minister short, medium and long term proposals to place platinum in a growth trajectory, whilst attempting to save thousands of jobs now on the line due to the platinum slump. 

This task team is said to look into the challenges facing platinum miners with a view to instil a rescue and sustainability plan for the platinum sector.

The Honourable Minister of Mineral Resources, Susan Shabangu, expressed her heartened request to Mbindwane to join the team after the two shared various correspondences on the matter.

Mbindwane is a strong advocate of maintaining the current tax regime in mining and promoting the assistance by State of junior explorers as is in other mining economies. 

Mbindwane also came out strongly against the ANC's proposal document called SIMS, saying, "SIMS is drafted with a punitive mindset and looks at mining business as sin business needing sin taxes".

For more info contact:                                                                     

Mr Bongani Mbindwane

CEO, Platfields

bongani @ platfields.co.za

twitter @mbindwane                                            

Diamond mine going for sale R20m

PALMIETGAT DIAMOND MINE

Purchase includes

•     North American Mining Corporation PTY Ltd which also includes the mining right
•    Palmietgat Diamond Mine 34JR Ext ± 90 hectors in the district of Bela Bela, Limpopo    Province, RSA
•     Max Return Investments PTY Ltd  that consists of the following assets:

•     Liehberr 954
•     Western Star 30ton
•     Vibrator compactor
•     2 x 150CFM Compressor
•     750 CFM 8 bar Compressor
•     2 x Drill Rigs (422 Ingersoll Rand)
•     2 x Park homes with bore hole pump supplying drinking water
•     Workshop
•     3 km – 150mm Clamp on pipes
•     2 km – 200mm Steel Pipes
•     Electricity – Escom  supplies 22KV (750 KVA network access), using 450 KVA via an   private O/H (105) km line to the main sub-station 

     The sub-station consists of:

•     22/6.6KV (1000KVA) Transformer
•     6.6/525V (1500KVA) Transformer
•     OCB
•     525/380V (350KVA) Transformer
•     PF Correction & Phase Protector
•     Gyro Feed 6.6/525V (350KVA)
•     1.5km O/H line (6.6/525V & 380V & Transformer 350KVA)
•     1.5km O/H line – incomplete

     The Plant consists of:

•     Jaw Crusher with75KW motor
•     Roll Screen
•     Gyro Crusher  FX 1500 with 180KW motor
•     Central Bin
•     Mill with 75KW motor
•     Humboldt Wedag Screen (operational)
•     Humboldt Wedag Screen (non operational)  all parts available
•     Storage bin
•     11 x Conveyer Belts complete, average 30m length
•     2 x Electro-magnets (transformers included)
•     6/4 Warman pump with 90kw motor, 2km slurry line
•     7 x Magnets (2 installed) 

     DMS Consists of:

•     Operational 35t/hr
•     Receiving bin
•     Feed prep screen
•     Cyclone (350)
•     De-rinsing screen
•     Screen (0 x 7mm) with 2 x vibro motors

    Sort house consists of:

•     Vacuum pump (draws concentrate into classifier)
•     X – Ray machine
•     Chries table with associated conveyors and mill
•     Sort table with required tools to sort diamonds
•     Security System
•     2 x Safes
•     Accessories

     General:   

•     2 x 37KW pumps for water supply
•     3 x Containers of which 2 are filled with consumables
•     Electrical parts
•     Contactors
•     Overloads
•     Jackhammers
•     Stop switches
•     3 x guard houses etc.

There is an existing contract between  North American Mining Corporation PTY Ltd and Electronic Sorting Services 

The agreement is as follows: 

•     R 50,000.00 p/m includes using infrastructure
•     Stock piles

 

For any other information or documentation required, you can contact Otsile Matlhase at maotstl @ gmail.com or +27788486446