R/€ = 16.82 Change: 0.00
R/$ = 14.32 Change: 0.00
Au 1199.53 $/oz Change: -8.69
Pt 829.00 $/oz Change: -7.99

Creamer Media Reporter

Coeur reports fatal accident at Palmarejo

18th September 2018 NYSE-listed Coeur Mining on Monday reported that two workers had died at its Palmarejo silver/gold mine, in Mexico, the previous week. The company explained that two underground production drillers fell into a void after the ground below them collapsed. The area was evacuated and all underground... 

Serabi gets extension for Sprott loan

17th September 2018 Brazil-focused Serabi Gold has agreed an extension to the repayment terms for a $3-million loan with Sprott, allowing the Aim- and TSX-listed gold miner and developer with flexibility to fund work brought forward at the Coringa project. The loan, which was taken out in January, will now have a... 

Transnet, Eskom and PWC bosses to discuss administered prices affecting South Africa’s international competitiveness

17th September 2018 Transnet and ESKOM Chief Executive Officers Siyabonga Gama and Phakamani Hadebe will discuss administered prices such as logistics costs, electricity prices and port tariffs, which are negatively affecting South Africa’s international competitiveness on the second day of the fourth Southern... 

W boosts board with Madrid-based directors

17th September 2018 Tungsten, copper and gold mining company W Resources has appointed two Madrid-based directors, Pablo Neira and James Argalas, as nonexecutive directors. Neira brings over 30 years of international experience specialising in managing listed industrial manufacturing companies and family office... 

DEHN AFRICA offers lightning and surge protection as solar installations in Africa gather momentum

17th September 2018 The use of solar power and solar energy installations is growing around the globe, and this holds true in Africa as well. DEHN AFRICA has worked on a number of projects across the continent and notes that, while solar installations are on the rise, the use of photovoltaic (PV) installations... 

‘Major’ drilling programme approved for Torrens

17th September 2018 The management committee of the Torrens joint venture – a 70:30 Aeris Resources and Argonaut partnership – has approved Stage 1 of a “major” drilling programme the iron-oxide/copper/gold project, in South Australia. Stage 1 will involve eight to ten drill holes to depths of between 700 m and 1... 

ELB-ELWATINI - joining forces in offering rail solutions

17th September 2018 ELB Engineering Services (Pty) Ltd (ELB) is pleased to announce the forming of a Special Purpose Vehicle (SPV) agreement with ELWATINI RAIL CONSULTANTS. This new venture will be called ELB-Elwatini Rail Solutions and will allow the railway expertise of Elwatini to be offered to the market on a... 

Lianxin Steel and Shandong Laigang Yongfeng order TMbaR mill from SMS group

17th September 2018 For decades, SMS group ( has been a pioneer in and promoter of thermomechanical rolling. Now, two Chinese companies, Lianxin Steel and Shandong Laigang Yongfeng Steel, have decided to employ TMbaR, the process developed by SMS group for thermomechanical rolling of rebar. With... 

For its tandem cold mill, PAO Severstal again relies on the modernization expertise of SMS group

17th September 2018 In April 2018, PAO Severstal has contracted SMS group ( to modernize the exit section of the tandem cold mill “2100” at its Cherepovets plant in northwest Russia. In the forefront there is the target of full utilization of the maximum possible strip width of 1,850 millimeters.... 

Pilbara starts first deliveries of spodumene and tantalite

17th September 2018 Australian lithium producer Pilbara Minerals confirmed on Monday that its first shipment of spodumene concentrate from the Pilgangoora project would leave Port Hedland this month and said that its first shipment of tantalite concentrate had been delivered to Global Advanced Metals (GAM). MD and... 


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