R/€ = 16.84 Change: -0.01
R/$ = 14.29 Change: -0.01
Au 1207.00 $/oz Change: 4.35
Pt 834.50 $/oz Change: 10.25

Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Researcher and Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Graphex updates Tanzania graphite project’s PFS

20th September 2018 An update to the 2015 prefeasibility study (PFS) for the Chilalo graphite project has delivered “robust” financial returns and confirmed the “exceptional economics” of the Tanzania project, Australian firm Graphex reported on Thursday. The updated PFS assesses a two-stage production scenario,... 

‘Take no action’ Dampier tells shareholders

20th September 2018 ASX-listed Dampier Gold has urged shareholders not to take any action in relation to the conditional scrip takeover offer from joint venture (JV) partner Vango Mining, arguing that the timing of the bid is a direct response to an unresolved dispute between the two companies over the K2 gold mine... 

Father’s Day yields gold worth $38m

20th September 2018 The recently discovered Father’s Day vein at RNC Minerals’ Beta Hunt mine, in Australia, has more high-grade gold than previously thought, with estimates now put at 24 000 oz, worth $38-million. The new estimate is more than double the initial estimate of 9 250 oz. 

Axiom fully permitted for Isabel nickel project

20th September 2018 Solomon Islands has formally granted Axiom Mining a lease over the San Jorge nickel deposit, paving the way for the ASX-listed company to start construction of the Isabel mine – one of the last known undeveloped world-class nickel laterite deposits. The news sent Axiom’s stock surging 44% to... 

Doray ‘firmly on path’ to 100 000 oz/y goal

20th September 2018 The upgrade of Doray Minerals’ resource for the high-grade Da Vinci gold discovery in the Deflector gold/copper mine has set the company “firmly on the path” to reaching its ‘target 1-5-1’ strategic goal of producing 100 000 oz/y of gold, over a minimum of five years and at an all-in sustaining... 

Equinox buys California mine from New Gold

20th September 2018 Canadian firm Equinox Gold is set to graduate to a gold producer with the $158-million acquisition of the Mesquite openpit gold mine, in the California, from New Gold. Describing the Mesquite mine as the “perfect fit”, Equinox CEO Christian Milau said on Wednesday that the mine would produce 140... 

Lundin cuts Fruta del Norte operating costs, confirms schedule

20th September 2018 The Fruta del Norte gold mine that Lundin Gold is building in Ecuador is progressing on schedule, with first mine production planned in the second quarter of next year, followed by first gold output in the fourth quarter. Construction of the 340 000 oz/y gold mine in the Cordillera del Condor... 

OceanaGold reports no operational impact from recent storms

19th September 2018 Multinational OceanaGold’s Didipio operation, in the Philippines and the Haile mine, in the US, have managed to pull through the past weekend’s severe storms in the respective regions without reporting any injuries or a significant impact to production. In the Philippines, where super typhoon... 

Gascoyne hits ultra-high gold grades at Dalgaranga

19th September 2018 Drilling at the Tanqueray prospect of the Dalgaranga gold project, near Mount Magnet, Western Australia, has intersected ultra-high gold mineralisation, Gascoyne Resources announced on Wednesday, sending its stock up 18%. Drilling intersected 373.5 g/t gold (12 oz/t) from 53 m, including 3 m at... 

Cobalt Blue seeks to reassure investors on Thackaringa BFS timing

19th September 2018 ASX-listed explorer Cobalt Blue on Wednesday moved to reassure investors about the timeline for the Thackaringa joint venture (JV) project, a day after CEO Joe Kaderavek said in a letter to shareholders that an independent review has concluded that more pre-bankable feasibility study (BFS)... 

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