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NUM signs wage deal with AngloGold

By: Reuters     21st September 2018 South Africa's National Union of Mineworkers (NUM) signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the week. The agreement will mean an effective pay hike of over 12% for entry-level underground... 

IDM's Red Mountain entering final enviro assessment stage

By: Mariaan Webb     21st September 2018 The Canadian Environmental Assessment Agency (CEA) has initiated the final stage of the Red Mountain gold project environmental assessment process, inviting public comment on the draft report and potential conditions that will be applied. The draft comment period runs until October 18, and a... 

Facilitators of State capture in SA 

By: Aubrey Matshiqi     21st September 2018 The State capture commission of inquiry is under way. The picture that is beginning to emerge is that of a South Africa where, by the time former President Jacob Zuma left the stage, corruption was no longer endemic because it had become systemic. In other words, by the time Zuma was forced to... 

Minergy lauds Botswana regulatory authorities

By: Martin Creamer     20th September 2018 Minergy CEO Andre Bojé is full of praise for Botswana’s regulatory authorities, who he says use legislation to assist mining investment. Minergy, which is listed on the Botswana Stock Exchange, has begun work on its maiden 390-million-tonne Masama, located in the Mmamabula coalfield, 50 km north... 

Serabi fills new COO position with Brazilian national

By: Creamer Media Reporter      20th September 2018 Brazil-focused gold mining and development company Serabi on Thursday announced the appointment of Roney Almeida to the newly established position of COO. Almeida, a Brazilian national and resident in Belo Horizonte, will report to Serabi CEO Mike Hodgson. 

Wallbridge up on high-grade drilling results

By: Creamer Media Reporter      20th September 2018 Shares in Toronto-listed Wallbridge Mining soared 21% on Wednesday as the company announced positive results from its underground drilling programme and an update on the ongoing development of the 35 000-t bulk sample at the Fenelon gold property, in Quebec. Wallbridge said that, in the newly... 

Anglo Asian declares first dividend, reports strong H1 results

By: Simone Liedtke     19th September 2018 Aim-listed Anglo Asian has declared a maiden interim dividend, following the company’s move into a net cash position subsequent to June 30. The gold and copper miner, which operates in Azerbaijan, would pay a 3c a share dividend, it said on Wednesday, releasing a strong set of half-year results. 

MRC places R160m mining equipment order with Epiroc

By: Simone Liedtke     19th September 2018 Murray & Roberts Cementation (MRC) has placed more than R160-million of mining equipment orders with Epiroc. MRC recently ordered multiple drill rigs to be used for the underground production build-up of the Kalagadi manganese mine, in the Northern Cape. 

Pan African’s rapid turnaround removes false notions on doing business in SA 

By: Martin Creamer     19th September 2018 South Africa was on Wednesday reaffirmed as a country where business is able to do what is required, when London- and Johannesburg-listed gold mining company Pan African Resources outlined the remarkably efficient manner in which this country’s regulatory environment facilitated the closure of a... 

A Sandvik automated LHD proves its precision in a glass labyrinth

19th September 2018 In recent years, self-driving vehicles have become a popular discussion topic. Sandvik has had automated loaders and trucks working in mines for over 20 years — with zero accidents involving people. To prove its capabilities, Sandvik moved things above ground and put its latest generation of... 

Designed to disrupt

By: Creamer Media Reporter      19th September 2018 Victaulic first disrupted the piping industry as far back as 1919, bringing about the concept of joining pipes with a mechanical bolted coupling in order to rapidly deploy fuel and water to the Allied Forces during World War I. This powerful, industry-changing idea laid the groundwork for... 

DRA to conduct feasibility study for Guinea graphite project

By: Schalk Burger     19th September 2018 Engineering services multinational DRA has been appointed to conduct the feasibility study for Canada-based Guinea-focused mining company SRG’s Lola graphite project, in Guinea. DRA said in a statement on Wednesday that the project will be executed through the DRA Met-Chem office, in Montreal,... 

Mineral resource estimate at Avesoro’s Liberia mine now 1.1Moz of gold

By: Marleny Arnoldi     19th September 2018 TSX- and Aim-listed Avesoro Resources has increased the measured and indicated mineral resource at its New Liberty gold mine, in Liberia, to more than 1.1-million ounces of gold. The company said in a statement on Wednesday that total openpittable and underground measured and indicated mineral... 

Metallon may pay suppliers in gold amid Zimbabwe cash shortage

By: Bloomberg     18th September 2018 Metallon Corp. is considering paying mining-equipment suppliers in gold because a cash shortage in Zimbabwe is hampering its plan to expand output, Chief Executive Officer Mzi Khumalo said. Zimbabwe, which abandoned its own currency in 2009 because of hyperinflation, has faced cash shortages for... 

Ramelius goes underground at Edna May

By: Mariaan Webb     18th September 2018 Gold miner Ramelius Resources has opted for underground operations at Edna May, rather than developing a large Stage 3 openpit cutback at the Western Australia-based operation. Starting in early 2019, the company will start underground mining and ore production is expected from the start of the... 

Coeur reports fatal accident at Palmarejo

By: Creamer Media Reporter      18th September 2018 NYSE-listed Coeur Mining on Monday reported that two workers had died at its Palmarejo silver/gold mine, in Mexico, the previous week. The company explained that two underground production drillers fell into a void after the ground below them collapsed. The area was evacuated and all underground... 

Serabi gets extension for Sprott loan

By: Creamer Media Reporter      17th September 2018 Brazil-focused Serabi Gold has agreed an extension to the repayment terms for a $3-million loan with Sprott, allowing the Aim- and TSX-listed gold miner and developer with flexibility to fund work brought forward at the Coringa project. The loan, which was taken out in January, will now have a... 

AngloGold’s Tropicana on track to deliver 500 000 oz/y from 2020

By: Marleny Arnoldi     17th September 2018 There is a strong focus on continuous improvement at AngloGold Ashanti’s 70%-owned Tropicana mine, in Australia, and the aim is to produce 500 000 oz/y of gold from 2020, with support from the adjacent Boston Shaker prospect. In a presentation to the media, on Monday, AngloGold Ashanti... 

New Voisey’s Bay royalty calculation agreed on

By: Marleny Arnoldi     17th September 2018 TSX-listed Altius Minerals and Nasdaq-listed Royal Gold have entered into an agreement with Vale Canada to settle litigation related to the calculation of the royalty in respect of all concentrates produced from the Voisey’s Bay mine, in Newfoundland and Labrador. The Voisey’s Bay 3% net... 

Pan African expects lower earnings

By: Martin Creamer     14th September 2018 Gold mining company Pan African on Friday advised shareholders that earnings in the 12 months to June 30 are expected to be lower than for the corresponding period last year. But the challenging operational environment has been ameliorated by the pouring last month of the first gold at the newly... 

Cradle Arc renews prospecting licences near flagship Mowana copper mine

By: Schalk Burger     14th September 2018 Africa-focused base and precious metals exploration and production company Cradle Arc on Friday announced that it had renewed prospecting licences to the north of its flagship Mowana copper mine, in Botswana, along the same Bushman Lineament that hosts the current resource estimate for Mowana.... 

Coal crunch faced by Indian nonpower sector to ease, not end

By: Ajoy K Das     14th September 2018 The coal shortage faced by the nonpower sector is expected to continue, although a reversal of the trend may emerge toward the end of the month, Coal India Limited (CIL) chairperson Anil Kumar Jha has said. “A surge in demand for coal at the start of the summer months this year forced CIL to... 

Myanmar unveils Bawdwin ‘starter pit’ scoping study

By: Mariaan Webb     14th September 2018 ASX-listed junior Myanmar Metals has unveiled the results of a scoping study for the Bawdwin polymetallic mine, in Myanmar, demonstrating the viability of developing a 13-year “starter pit” that will fund the life-of-mine infrastructure. Based on the indicated and inferred resources from the... 

South32 assumes operatorship of Eagle Downs

By: Mariaan Webb     14th September 2018 Diversified mining group South32 has assumed operatorship of the Eagles Downs metallurgical coal project, following the completion of the acquisition of a 50% interest in the Bowen basin project. The other 50% is owned by Aquila Resources, a subsidiary of China’s BaoWu. 

Local mining services company owners win Entrepreneur of the Year accolade

By: Marleny Arnoldi     13th September 2018 Mining engineer Samuel Molefi and his entrepreneurial wife and business partner Motlapele Molefi have won the Entrepreneur of the Year award – a premier entrepreneurial platform sponsored by Sanlam and Business Partners every year. Samuel and Motlapele are founders and owners of Modi Mining, a... 

Johnson Controls supply second round of York chillers for Implats’ No 16 Shaft

13th September 2018 Johnson Controls has supplied two York YK centrifugal chillers to Impala Platinum (Implats) for the planned second phase expansion of cooling capacity for its No. 16 Shaft as it heads toward a depth of 1 650 m. The chillers will be installed by the end of August 2018 and the start-up of the... 

Vitaglass - ‘reinforcing’ the trend toward maintenance-free, glass fibre reinforced gratings

13th September 2018 For nearly 80 years, Vital Engineering has been providing clients across various industry sectors – from food and beverage, marine exploration, minerals sands processing, architectural, construction, petrochemical, mining, and power generation – with a range of products. This comprises non-slip... 

Power plant delays fuel tensions over Rio's giant Mongolia copper mine

By: Reuters     13th September 2018 Nearly 10 years on from the launch of a giant copper and gold project in Mongolia, Rio Tinto is still looking to secure a domestic power source it needs for the mine under an agreement with the government. Oyu Tolgoi, located in the South Gobi region near landlocked Mongolia's southern border... 

Toro Gold reports promising drilling results to extend Senegal mine’s life

By: Marleny Arnoldi     12th September 2018 Gold miner Toro Gold has reported highlights from its 60-hole 15 000 m core drilling programme that is under way at its 90%-owned Mako gold mine, in Senegal, including 19.5 m at 3.4 g/t gold from 193.4 m. The programme is targeting mineralisation underneath the current openpit that has the... 

Gran Colombia ups FY guidance

By: Mariaan Webb     12th September 2018 TSX-listed Gran Colombia has increased its gold production guidance for 2018 by between 10 000 oz and 20 000 oz, following a strong performance in the first eight months of the year. The company, which operates several underground mines at Segovia and Marmato in Colombia, produced 36% more gold... 

AMCU declares dispute with three gold mining companies

By: Marleny Arnoldi     11th September 2018 The Association of Mineworkers and Construction Union (AMCU) on Tuesday warned gold miners Sibanye-Stillwater, Harmony Gold and Village Main Reef of an imminent strike, should they fail to meet the demands of mineworkers. Wage negotiations in the gold sector started in mid-July, and AMCU and... 

Manganese takes pole position in ARM’s earnings surge

By: Martin Creamer     10th September 2018 Manganese formed the backbone of the earnings performance of diversified mining company African Rainbow Minerals (ARM) in the 12 months to June 30, delivering 64% of the headline earnings, at R1.9-billion, and helping the company move into a strong net cash position by recording the best margin.... 

Thiess wins Nickel West contract

By: Esmarie Swanepoel     10th September 2018 Mining services provider Thiess has been awarded a A$190-million underground mining contract for the Leinster project, in Western Australia, from BHP’s Nickel West division. The contract would span a minimum of 24 months, and will include the provision of a full range of underground mining... 

Palmer plans power station for Galilee project

By: Esmarie Swanepoel     10th September 2018 Mining personality and chairperson of Waratah Coal, Clive Palmer, has announced plans for the company to build a new A$1.54-billion coal-fired power station in Queensland’s Galilee Basin. The proposed 700 MW high efficiency low emission ultra-supercritical power station would be established on... 

Eureka gold mine to restart production in H1 2019

By: Simone Liedtke     7th September 2018 Aim-listed Vast Resources hopes to restart production at the Zimbabwe-based Eureka gold mine, in which the company’s 25%-owned Dallaglio Investments holds a 95% interest, in the first half of 2019. Multiple work programmes are currently being undertaken at Eureka to restore the mine to... 

ARM mulling ‘very exciting’ growth opportunities – Motsepe

By: Martin Creamer     7th September 2018 Diversified mining company African Rainbow Minerals (ARM) is right now looking at some very exciting growth opportunities, its executive chairperson Patrice Motsepe said on Friday. After announcing the delivery of 51% higher headline earnings of R4 814-million in the 12 months to June 30... 

Rio Tinto exec joins Turquoise Hill board

By: Creamer Media Reporter      7th September 2018 NYSE- and TSX-listed Turquoise Hill has appointed Rio Tinto VP for copper and diamond sales and marketing, Alan Chirgwin, to its board of directors. Chirgwin has extensive commercial background and a proven track record in the resources industry, specifically in the Asia Pacific region,... 

Maxiflex delivers sweet door solutions to leading Eastern Cape citrus fruit company

7th September 2018 Maxiflex’s reputation as a purveyor of world-class quality door solutions and services was instrumental in securing an order for an overhead panel sectional door from a leading citrus fruit handling company situated in the Eastern Cape. The customer required a specialised door solution for their... 

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