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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

UN warns of rising levels of toxic brine as more desalination plants are built

14th January 2019 The fast-rising number of desalination plants globally, now almost 16 000, quench a growing thirst for fresh water but create a “salty dilemma” on how to deal with all the chemical-laden left-over brine, authors of a recently published United Nations- (UN-) backed paper say. In the paper, the... 

Endeavour increases Ity mine ownership to 85%

11th January 2019 TSX-listed Endeavour Mining has increased its ownership stake in the Ity mine, in Côte d'Ivoire, from 80% to 85%. In exchange for the additional 5% interest in the Ity mine, Endeavour granted DYD International more than one-million common shares amounting to a total consideration of about... 

OECD, Sars, Treasury sign MoC for taxation collaboration

11th January 2019 The Organisation for Economic Cooperation and Development (OECD), the South African Revenue Service (Sars) and the National Treasury on Friday signed a memorandum of cooperation (MoC), in which all parties agreed to continue working together in the area of taxation. The MoC is in place until... 

Sibanye-Stillwater market update draws AMCU’s fury

11th January 2019 The Association of Mineworkers and Construction Union (AMCU) has accused gold miner Sibanye-Stillwater of “bragging about its profits” and of “shocking arrogance” while the union’s members remain on strike at the miner’s South African gold operations. The union said it viewed Sibanye’s market... 

Capstone delivers on FY18 copper output guidance

11th January 2019 TSX-listed Capstone Mining produced 155.2-million pounds of copper in 2018, in line with expectations, and has set its 2019 output guidance at between 145-million and 160-million pounds of copper at a C1 cash cost of between $1.80/lb and $2/lb. During this year, the Canadian base metals miner... 

BlueRock diamond sales up 71% in 2018

10th January 2019 Last year yielded positive results for Aim-listed diamond miner BlueRock Diamonds, which achieved significant increases in production and recovered grade, and saw its diamond sales increase by 71% to 5 805 ct, compared with the 3 385 ct sold in 2017. Production volume for the miner, which owns... 

World Gold Council believes gold will become more relevant in 2019

10th January 2019 The World Gold Council (WGC) has said it believes gold will become even more relevant this year owing to “its proven record” for delivering returns, its low correlation to major asset classes, its liquidity and its risk-adjusted returns. Looking ahead, the council expects gold demand to benefit... 

Chimata signs $9.5m finance, offtake facility for Zimbabwe tailings project

10th January 2019 Transamine Trading and the Kamativi Tailings Company (KTC) have signed a term sheet for a $9.5-million finance and offtake facility for concentrate produced from the Kamativi tailings lithium project, in Zimbabwe. The proceeds will be used for the construction of the Phase 1 processing plant to... 

BRPs to meet with Optimum, Koornfontein creditors to vote on proposed business rescue plans

10th January 2019 The joint business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Koornfontein Mines (KFT) expect to convene meetings with creditors within the next few weeks to vote on the proposed business rescue plans for the mines. The meetings will take place once the BRPs have resolved... 

Acacia’s North Mara fined $130 000 for alleged environmental transgressions

10th January 2019 London-listed Acacia Mining’s North Mara gold mine, in Tanzania, has received an environmental protection order (EPO) requiring the payment of a fine of $130 000, or TSh300-million. The EPO was issued in relation to alleged breaches of environmental regulations. 

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