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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Rainbow puts focus on Gakara ramp-up, exploration

21st February 2018 London-listed Rainbow Rare Earths has set the ramp-up of production at its Gakara mine, in Burundi, and the completion of the first phase drilling programme, as its priorities for the next six months. The company on Wednesday described the six months ended December 31, as "a busy and highly... 

Bidcorp interim results in line with company expectations

21st February 2018 JSE-listed Bidcorp has delivered "pleasing results" with the foodservice group's half-year performance in line with management expectations, CEO Bernard Berson said on Wednesday. Headline earnings a share increased by 8.6% to 640c a share in the six months ended December 31, from 589.3c a share a... 

St Barbara proposes new mining method at Gwalia

21st February 2018 Gold miner St Barbara is studying a change in mining and haulage at the Gwalia mine, in Western Australia, to better suit the orebody as the mine deepens. The new mining method essentially involves a move to “island pillar” methods for narrower lodes with increased mining rates, and matching... 

Wesfarmers continuing review of its remaining coal asset

21st February 2018 Australian conglomerate Wesfarmers said on Wednesday that the sale of its Curragh coal mine, in Queensland, would be completed in the second half of the year and confirmed that it was continuing the strategic review of its remaining coal asset, a 40% interest in the Bengalla mine, in New South... 

Triton acquires full ownership of Mozambique graphite projects

21st February 2018 ASX-listed Triton Minerals has entered into an agreement with Gregory James Sheffield and Grafex Limitada under which Triton has agreed to purchase Sheffield's 20% interest in Grafex. On completion of the purchase, Triton's interest in Grafex will increase from 80% to 100%, and accordingly,... 

Sapoa continues to focus on transformation, advocacy

20th February 2018 The South African Property Owners Association (Sapoa), under the leadership of president Peter Levett, continues to focus on education, advocacy, transformation and research in the property sector. Sapoa plays a “pivotal role” in advocacy, providing targeted participation in legislative... 

Northern Star boosts exploration spend, unveils 'game changer' discovery

20th February 2018 ASX-listed Northern Star Resources has increased its total exploration budget for the 2018 financial year by A$10-million to A$45-million, owing to a series of exploration results showing that the gold producer is set to establish a ten-year life at its 10-million-ounce endowed Jundee gold... 

Sandfire delivers 66% increase in interim net profit

20th February 2018 Low-cost production and a rising copper price have driven Sandfire Resources' sales to a record and enabled the ASX-listed miner to increase its dividend and strengthen its balance sheet to fund growth opportunities. High grades and strong operating margins at DeGrussa, combined with Sandfire's... 

Record production at Saracen underpins A$46m interim net profit

20th February 2018 Gold miner Saracen Mineral Holdings on Tuesday reported a big jump in half year profit to A$46-million, on the back of record production in the six months ended December 31. This strong performance is said to be a direct result of the investment that Saracen has made in exploration and... 

Legacy issues, poor Q1 affect Rolfes' H1 earnings

19th February 2018 Black-empowered chemical group Rolfes' financial results for the six months ended December 31 were negatively affected by legacy issues and a poor first quarter, resulting in headline earnings halving to R23.62-million, from R48.23-million in the six months to December 31, 2016. Revenue from... 

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