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Anine Kilian

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Stratex proposes name change

16th August 2018 Aim-listed Stratex International is proposing to change its name to Oriole Resources. The proposed change reflects a repositioning of the company following the appointment of new CEO Tim Livesey and CFO Bob Smeeton earlier this year and a refocusing of the group's activities on early-stage... 

Cobalt prices stabilising – ERG

16th August 2018 The recent price adjustment in the cobalt market represents a logical and short-term correction to the heightened speculative activity earlier this year, says Eurasian Resources Group (ERG) CEO Benedikt  Sobotka. Cobalt metal prices jumped in excess of 120% between 2016 and 2017, a sign of strong... 

IronRidge defines large gold targets in Chad

16th August 2018 Aim-listed IronRidge Resources has defined at least five large, coherent gold targets at its Dorothe project, in Chat. Drill results received defined targets over 500 m to 1.2 km strike length and 100 m to 200 m widths from trenching; with targets still open along strike. 

Shanta lifts H1 profit

16th August 2018 Aim-listed Shanta Gold has reported earnings before interest, taxes, depreciation and amortisation of $23-million for the half year ended June 30, 2018,  up from $21.5-million in the first half of 2017. This was achieved despite fewer ounces being sold in the half year and increased royalty... 

Freedom Property subsidiary sells noncore residential units

15th August 2018 Zambesa Investments, a wholly owned subsidiary of JSE-listed Freedom Property Fund, has agreed to sell eight residential units and 33 service stands, collectively called Tubatse Homes, in Burgersfort. The purchase consideration is R12.6-million and comprises a deposit of R2.52-million, which is... 

Roxgold says 2018 output may be at upper-end of guidance

15th August 2018 Burkina Faso-focused Roxgold has delivered strong second-quarter production and cash flow results, standing the company in good stead to achieve the upper end of its 2018 production guidance. For the three months to June 30, TSX-listed Roxgold achieved gold production of 35 828 oz of gold,... 

M&R expects to report higher FY18 earnings

15th August 2018 JSE-listed Murray & Roberts (M&R) expects its results for the financial year ended June 30, to show an improvement of at least 20% year-on-year in diluted and basic earnings a share and headline earnings a share. The group said on Wednesday that it also expects to report cash, net of debt, of at... 

Keras advances testwork at Togo manganese project

15th August 2018 Aim-listed Keras Resources has made a number of appointments to advance the 10 000 t bulk sampling metallurgical test work programme at the Nayega manganese project, in northern Togo. Keras has appointed Graham Stacey as project manager, Carriere Mines Travaux Public (CMTP) as the turnkey mining... 

SAPA to continue to campaign for chicken to be exempt from VAT

14th August 2018 The South African Poultry Association will continue to campaign for chicken to be exempt from value-added tax (VAT) because it believes it is in the interests of the country and lower-income households, it said in a statement on Tuesday.   SAPA is disappointed that the Woolard panel did not... 

Kefi reports continued progress on Tulu Kapi development

14th August 2018 Aim-listed Kefi Minerals says its preparations for the development of its Tulu Kapi gold project, in Ethiopia, continue in earnest with the recent appointment of the head of project implementation, his construction oversight team and the start of their engagement with the principal project... 

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