R/€ = 15.48 Change: 0.00
R/$ = 13.22 Change: 0.00
Au 1240.40 $/oz Change: -2.65
Pt 826.00 $/oz Change: -4.71

Creamer Media Reporter

Newmont adds higher grade, lower cost ounces at Twin Creeks

4th July 2018 NYSE-listed gold major Newmont Mining has achieved commercial production at its Twin Creeks underground expansion project, adding higher grade, lower cost gold production at its Twin Creeks operation, in Nevada. The Twin Creeks underground mine will add between 30 000 oz/y and 40 000 oz/y at... 

When the going gets tough, the tough get railing

3rd July 2018 Earlier this year, it was widely reported that Zambia had passed a statutory ruling which instructed firms (affecting mostly Mining), to transport at least 30% of their heavy and bulk freight volumes by rail. To place this into perspective, it is estimated that only 5% of the total freight moved... 

M&D Construction Group sets the benchmark in pipeline quality standards.

3rd July 2018 M&D Construction Group, a leading local civil-engineering construction and building specialist, has again taken proactive steps to ensure that the highest quality standards are maintained when it builds critical infrastructure for its many public- and private-sector clients. The company’s Pipe... 

Stornoway suspends operations at Renard owing to fire

2nd July 2018 Quebec diamond mine owner and operator Stornoway Diamond Corporation said on Monday that mining operations at the Renard diamond mine have been temporarily suspended, owing to a forest fire. On Monday morning, the fire was located 12.6 km south of the mine, but just 3.6 km south of the Clarance... 

Coega takes a step towards eco-friendly SEZ

2nd July 2018 The NCPC-SA and Coega discuss ways for the SEZ to become an energy efficient and Eco-Industrial Park. The Coega Development Corporation (CDC) hosted an engagement with the National Cleaner Production Centre of South Africa (NCPC-SA) late last week at the CDC head office in Port Elizabeth. The... 

Aveng ACS concludes contract with Emerson to supply and service Pentair valves and controls brands in Southern Africa

2nd July 2018 Aveng ACS, Local Business Partner of Emerson Automation Solutions, now has a complete automation and control solutions portfolio and service network within the automation & process control industry in Southern Africa. Emerson acquired the Valves & Controls Business Unit of Pentair and... 

The GV Series

2nd July 2018 GIGAVAC’s GV Series contactors are among the most economical high performance sealed Power Contactors on the market today. A sealed solution is what most customers ask for when specifying a contactor that handle switching sizeable DC loads. With voltage ratings from 12Vdc to 1200Vdc GIGAVAC GV... 

Lonmin sells Petrozim stake

29th June 2018 Platinum miner Lonmin has entered into an agreement to sell its 50% interest in Petrozim Line to the National Oil Infrastructure Company of Zimbabwe for $14.75-million. This is in line with its strategy of selling noncore assets. 

Ariana looks to next phase of growth

29th June 2018 Having entered commercial production of gold and silver at the Kiziltepe mine, Aim-listed Ariana Resources is now looking towards the next phase of its business strategy, chairperson Michael de Villiers said on Friday. Kiziltepe is owned by the Red Rabbit joint venture, in which Ariana and... 

Semafo pours first gold at Burkina Faso mine

29th June 2018 TSX-listed Semafo has completed the first gold pour at its Boungou mine, in Burkina Faso, slightly ahead of the original schedule. The first pour yielded about 325 oz of gold. 

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