R/€ = 14.49 Change: -0.02
R/$ = 12.93 Change: 0.02
Au 1255.69 $/oz Change: 3.55
Pt 949.00 $/oz Change: 4.00

Samantha Herbst

Samantha Herbst

Samantha Herbst is a deputy editor for Creamer Media's online department.

Tel: +2711 622 3744


Former President Mbeki appointed Unisa chancellor

9th December 2016 In an effort to sustain the reputable profile of outgoing University of South Africa (Unisa) chancellor Judge Bernard Ngoepe, who served the university for 15 years before stepping down this week, Unisa has appointed former South African President Thabo Mbeki its new chancellor. In a media... 

Laramide, Uranium Resources ink LoI to amend terms of payment

6th December 2016 Dual-listed uranium developer Laramide Resources has signed a letter of intent (LoI) with Texas-based miner Uranium Resources to amend the definitive share purchase agreement, signed on April 6, stipulating that Laramide would acquire Uranium Resources’ wholly owned subsidiary Hydro Resources,... 

Columbus announces maiden resource estimate of 721 000 oz at Eastside project

6th December 2016 TSX-listed Columbus Gold announced on Monday that the maiden resource for the company’s 100%-owned Eastside gold-silver project, in Nevada, in the US, is estimated to be a total of 721 000 oz of gold equivalent. At a cutoff grade of 0.15 g/t gold, coupled with a gold price of $1 300/oz, the... 

SNC-Lavalin awarded EPC contract from Codelco for sulphuric acid plant construction

23rd November 2016 Chile-based Corporación Nacional del Cobre de Chile (Codelco), one of the world’s largest copper producers, has appointed TSX-listed engineering and construction group SNC-Lavalin to construct two sulphuric acid plants at the Chuquicamata copper smelter complex, located in the Antofagasta region... 

Tharisa concludes project completion tests, reduces debt levels

15th November 2016 Dual-listed platinum-group metals (PGMs) miner Tharisa Minerals has successfully concluded project completion tests in respect of a R1-billion senior debt finance facility, which will significantly reduce the group’s cost of debt. In a note to shareholders on Tuesday, Tharisa explained that the... 

Local air travel maintains positive growth trajectory year-on-year

15th November 2016 Air passenger numbers climbed steady year-on-year in the third quarter of 2016, according to Airports Company South Africa’s (ACSA’s) latest Aviation Barometer for the three months to September 30. ACSA recorded a 4.4% year-on-year increase in total arrivals and departures, compared with the... 

Transfer delays impact on Balwin’s otherwise solid H1 performance

15th November 2016 Three property registration delays have impacted on Balwin Properties' otherwise glowing half-year results, according to the residential property developer, which saw a 36% decline in headline earnings a share and earnings a share to 37c respectively in the six months to August 31. The group’s... 

Argentina adopts Canada’s sustainable mining initiative

20th October 2016 Argentina’s national mining association, Cámara Argentina de Empresarios Mineros (CAEM), has announced that it will adopt Canada’s Towards Sustainable Mining (TSM) initiative, a corporate social responsibility programme developed by the Mining Association of Canada (MAC) to improve environmental... 

Oyu Tolgoi sets all-time high for quarterly mined material in Q3

20th October 2016 Rio Tinto subsidiary Turquoise Hill Resources’ Oyu Tolgoi mine, in Mongolia, set an all-time high of 25-million tonnes of quarterly mined material in the third quarter of 2016, including stripping for Phase 4 of the project, which is the next area of high-grade ore. CEO Jeff Tygesen said the... 

Stornoway officially opens Québec-based Renard diamond mine

20th October 2016 TSX-listed Stornoway Diamond Corporation’s Québec-based Renard diamond mine, the only diamond mine in the province, was officially opened on Wednesday at a ceremony presided over by Québec Energy and Natural Resources Minister Pierre Arcand. Stornoway president and CEO Matt Manson noted that the... 

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