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Vast one step closer to final approval for Baita Plai

By: Mariaan Webb     22nd June 2018 Aim-listed mining company Vast Resources could start mining a 1.8-million-tonne-orebody in Romania in the near future, with the company only one regulatory step away from final approval for the Baita Plai polymetallic mine. Vast said Minister of Economy had approved the association licence... 

Stonewall plans for 2019 restart of production at Pilgrims Rest project

By: Nadine James     22nd June 2018 ASX-listed Stonewall Resources’ Pilgrims Rest gold project, in Mpumalanga, is expected to start production towards the end of 2019. Stonewall Mining South Africa CEO George Jenkins told African Mining Network attendees on Thursday evening that the company is converting its mining permits to... 

Ghana Parliament ratifies AngloGold’s Obuasi agreements

By: Anine Kilian     22nd June 2018 Ghana’s Parliament has ratified regulatory and fiscal agreements that cover the redevelopment of AngloGold Ashanti’s Obuasi gold mine into a modern, productive mining operation. The ratification, on Thursday, of the development agreement, together with the tax concession agreement, is an... 

West African updates Sanbrado feasibility study

By: Esmarie Swanepoel     22nd June 2018 An updated feasibility study (FS) into the Sanbrado gold project, in Burkina Faso, has increased the project’s production expectations and the mine life, owner West African Resources reported on Friday. Sanbrado is expected to produce an average of 211 000 oz/y of gold over the first five years... 

FibreCo’s Johannesburg–Durban dark fibre link goes live

By: Natasha Odendaal     22nd June 2018 FibreCo Telecommunications has gone live on its open-access dark fibre link along the N3 from Johannesburg to Durban, including the subsea cable landing stations of Seacom and EASSy on the east coast. The strategic link, which nets Seacom as one of FibreCo’s first customers, is the shortest dark... 

Erris starts brownfield exploration near historic Ireland mine

By: Mariaan Webb     21st June 2018 Mineral exploration company Erris Resources has started a surface diamond drilling programme 300 m south of the old Abbeytown zinc mine in Sligo, Ireland. The surface drilling will test for potential extensions of zinc/lead/silver/copper mineralisation extending south from the old workings at... 

Serabi reports fatality at Brazil mine

By: Creamer Media Reporter      20th June 2018 Dual listed Serabi Gold on Wednesday reported that a worker had died in a mining accident at its Sao Chico mine, in Brazil. The accident, which happened during the weekend, involved the operation of one of the underground loading machines. 

Alrosa to lower production at International underground mine

By: Creamer Media Reporter      20th June 2018 Russian mining major Alrosa has revised the production plan of its International underground mine, near Mirny, as it takes a tougher stance on health and safety management. The production plan for 2018 remains unchanged at 36.6-million carats, but under the revised plan for 2019 to 2022, output... 

BPI Launch Marks a New Era in Battery Driven Mining Technology in SA

20th June 2018 Battery Power Industries (BPI), an innovative battery driven mining vehicle solution provider has officially launched. BPI targets zero emission underground mining equipment with their advanced battery energy systems technology offering. BPI is a proudly South African OEM specialising in the... 

South African mining-focused EV manufacturer launched

By: Nadine James     20th June 2018 Battery-driven mining vehicle solution provider Battery Power Industries (BPI) officially launched on Wednesday. The South African original-equipment manufacturer specialises in the development of battery energy systems, electrical traction systems and high-speed charging systems for underground... 

Gold anomaly of over 8 km identified at GoldStone’s Akrokeri-Homase project

By: Creamer Media Reporter      20th June 2018 Aim-listed GoldStone Resources has identified a larger than 8 km gold-in-soil anomaly at its Akrokeri-Homase gold project, in South-West Ghana. The gold-in-soil anomaly, which runs from the historic Akrokeri underground mine to north of the Homase openpit, was identified following a review of the... 

IDM to update Red Mountain feasibility study to include additional resources

By: Mariaan Webb     19th June 2018 TSX-V-listed IDM Mining has significantly increased the mineral resources of its Red Mountain project, which company president and CEO Robert McLeod said would likely be the next underground gold mine in British Columbia. Following the 2017 underground drilling programme, IDM on Tuesday reported... 

OceanaGold ups 2018 gold guidance

By: Mariaan Webb     19th June 2018 A strong operating performance in the first half of 2018 has seen dual-listed OceanaGold increase its gold production guidance for the year to between 500 000 oz and 540 000 oz. The new guidance, announced on Tuesday, compares with the company’s previously stated production target of 480 000 oz... 

Youga mine life extended by 2 years as reserves increase 29%

By: Anine Kilian     19th June 2018 The life of Avesoro Resources’ Youga gold mine, in Burkina Faso, has been extended by two years to 2027, with total forecast production of 614 000 oz. In an updated mineral resource and mineral reserve estimate for the mine, released on Tuesday, the TSX- and Aim-listed company noted that the... 

Alphamin closes C$19.2m equity financing

By: Creamer Media Reporter      18th June 2018 TSX-V- and AltX-listed Alphamin Resources has raised C$19.2-million through the issue of 76.8-million shares at C$0.25 apiece. As part of the private placement, first announced on May 28, Alphamin CEO Boris Kamstra subscribed for 512 000 shares. 

High Court lifts interim order against MC Mining's Makhado project

By: African News Agency      18th June 2018 MC Mining, previously known as Coal of Africa, on Monday said it welcomed a high court decision to lift an interim order against the company's environmental authorisation for the Makhado hard coking and thermal coal project. The court had in 2014 granted the Vhembe Mineral Stakeholders Forum and... 

Tahltan to receive C$7m a year from Brucejack taxes

By: Creamer Media Reporter      16th June 2018 The Tahltan First Nation will receive about C$7-million a year in tax revenue from the new Brucejack gold mine, under a revenue-sharing agreement between the British Columbia government and the Tahltan central government. The Brucejack mine, in north-western British Columbia, is expected to... 

BHP awards contract at newly approved South Flank

By: Esmarie Swanepoel     15th June 2018 Mining major BHP has awarded a A$260-million mining infrastructure works contract to ASX-listed Cimic, at the newly approved South Flank project, in Western Australia. BHP overnight approved the $3.4-billion South Flank project, which will replace production from the 80-million tonne a year... 

Eastern Creek energy-from-waste facility, Australia

By: Sheila Barradas     15th June 2018 The Next Generation plans to build and operate a large-scale energy-from-waste facility in western Sydney.  

WestConnex – Rozelle Interchange and Iron Cove Link, Australia

By: Sheila Barradas     15th June 2018 WestConnex is the biggest road development in Australia. The project will ease traffic congestion and improve access and connections to western Sydney.  

Nevsun extends Bisha mine life to 2022

By: Creamer Media Reporter      14th June 2018 TSX-listed Nevsun has approved an openpit extension of the Bisha mine in Eritrea, which will add 3.3-million tonnes of ore to the mill, delivering about 470-million pounds of zinc and 52-million pounds of copper. The extension will allow operations to continue to 2022 and gives Nevsun time to... 

Illegal mining worth R7bn a year – PwC

By: Martin Creamer     14th June 2018 The value of illegal mining and dealing of metals and diamonds in South Africa is estimated to be more than R7-billion a year, says PwC. In its latest edition of SA Mine, the professional services firm equates this to revenue generated from 430 000 oz of gold at the current market price. 

SEMS appointed as exploration manager at GoldStone's Ghana project

By: Anine Kilian     14th June 2018 Aim-listed GoldStone Resources has appointed SEMS Exploration Services as geological manager of the company’s Akrokeri-Homase project, in the Ashanti region of Ghana.   SEMS will design and implement the development of the project with the objective of reopening the Akrokeri underground mine,... 

Wallbridge starts ramp development at Quebec gold mine

By: Creamer Media Reporter      14th June 2018 Junior explorer Wallbridge Mining has completed the rehabilitation of existing underground workings at its Fenelon gold mine, in Quebec, and has started ramp development and underground drilling, as it works towards a production decision early next year. The mine has been dewatered on the... 

Copper veteran has unfinished business at biggest openpit

By: Bloomberg     13th June 2018 Nelson Pizarro wants to remain at the helm of the world’s biggest copper company until he can cut the ribbon on a project to convert its flagship pit into a giant underground mine. He’s been in mining for most of his 77 years, with the last four spent guiding state-owned Codelco through a... 

Tharisa expands its presence in Zim with acquisition of Karo stake

By: Simone Liedtke     13th June 2018 JSE-listed Tharisa has acquired a 26.8% shareholding in Karo Mining Holdings for $4.5-million. Karo Mining, in March, reached an agreement with the Zimbabwe government to establish a platinum group metals (PGM) mine, concentrators, smelters, a base metal and precious metals refinery and power... 

Weatherly increases Carn ownership to 90%

By: Marleny Arnoldi     13th June 2018 Aim-listed copper miner Weatherly International has received regulatory approval from the Namibian Competition Commission for its acquisition of a further 65% interest in China Africa Resources Namibia (Carn) from Hong Kong East China Non-Ferrous Mineral Resources.  

Ball set rolling for development of India’s largest coal block in West Bengal

By: Ajoy K Das     13th June 2018 The ball has been set rolling for development of the Deocha-Pachami coal block, which at an estimated two-billion tons of coal is India’s largest. The block has been allocated to the government of West Bengal for development and production from the asset. 

Search for fifth miner continues at Sibanye Kloof mine

By: African News Agency      13th June 2018 The search for the fifth mineworker trapped underground continues at Sibanye-Stillwater Kloof mine, the company said on Wednesday.  Sibanye confirmed late Tuesday that the body of a fourth worker had been retrieved from the abandoned stope ore pass by the specialised proto teams after it was... 

Tethyan granted new exploration permit in Kosovo

By: Creamer Media Reporter      12th June 2018 Base metals explorer Tethyan Resources has been granted a new exploration licence in the north-eastern part of the Trepca lead/zinc mining district of Kosovo. The 75 km2 licence, named Bistrice, is valid for three years, with an option to extend that up to three times for a period of two years... 

Sibanye blames workers not following rules as mine deaths spike

By: Bloomberg     12th June 2018 Sibanye Gold says workers failing to follow rules and procedures are largely to blame for a spike in fatal accidents at its South African operations, where 19 people have died since January. The company accounts for more than a third of the deaths in South African mines this year and faces... 

Stanmore extends Isaac Plains with Peabody deposit buy

By: Esmarie Swanepoel     12th June 2018 Coal miner Stanmore Coal has struck a A$30-million deal with Peabody Australia to acquire the Wotong South coking coal deposit, which is located adjacent to Stanmore’s Isaac Plains project, in Queensland. In addition to the A$30-million cash price, Stanmore has also agreed to a production-based... 

The high value industrial safety offering

12th June 2018 Precision matters in everything we do, says Hans Strydom, technical services manager for special products and chemicals at Afrox. Here he talks about Afrox’s HiQ range of innovative solutions, tailor made to suit customers’ specific speciality gas and equipment requirements. HiQ: The high value... 

Sibanye suspends operations at Kloof mine for a day of mourning

By: African News Agency      12th June 2018 Sibanye-Stillwater said on Tuesday it had suspended mining operations at its Kloof Ikamva shaft for a day of mourning after four mineworkers died underground. Sibanye on Tuesday located the body of a fourth mineworker killed at the shaft near Westonaria, south-west of Johannesburg, following a... 

Vale signs $690m in cobalt deals with Wheaton, Cobalt 27

By: Bloomberg     11th June 2018 Vale SA reached agreements to sell future production of cobalt for $690-million upfront as producers look to capitalize on the battery-commodity boom to raise cash for investments. The deal includes $390-million from Wheaton Precious Metals and $300-million from Cobalt 27 Capital, the companies... 

Three miners killed in accident at Sibanye gold mine

By: Reuters     11th June 2018 Three gold miners were killed in South Africa on Monday at a Sibanye-Stillwater plant and the company said rescue teams are searching for two others. At least 18 people have died at Sibanye's South African mines this year including seven trapped underground at the Masakhane mine in May. 

Vale to proceed with Voisey’s Bay expansion

By: Mariaan Webb     11th June 2018 Diversified major Vale will proceed with the construction of the Voisey’s Bay underground mine and will invest close to $2-billion in the project, Newfoundland and Labrador Premier Dwight Ball announced on Monday. The investment by Vale will extend the operational life of Voisey’s Bay, currently... 

Raubex Renovo Brings Mall Glamour To Cameroon

11th June 2018 A modern shopping mall, complete with convention centre and cinemas, will grace Cameroon’s financial capital city of Douala by the end of 2019 – and South African turnkey specialist Raubex Renovo is making it happen. The €45 million Douala Grand Mall is part of a larger development that will... 

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