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Acacia seeks further clarification on Barrick’s agreement with Tanzania govt

By: Creamer Media Reporter      20th October 2017 LSE-listed Acacia Mining is seeking further clarification from its parent company Barrick Gold, which owns 63.9% of Acacia, regarding the agreement that was reached between Barrick and the government of Tanzania on Thursday to resolve a tax dispute. The government and Barrick in July started... 

Silver Lake reports solid quarter

By: Esmarie Swanepoel     20th October 2017 Gold miner Silver Lake Resources has reported another quarter of solid production during the period ended September, with the miner producing 34 692 oz of gold. The performance compares with 38 366 oz produced in the June quarter. Production in the September quarter affected by lower grades and... 

WPG output falls in line with plan to lower costs

By: Esmarie Swanepoel     20th October 2017 Gold miner WPG Resources has reported a decline in production for the September quarter, as the company implemented a new mine and mill plan aimed at reducing all-in sustaining costs (AISC) to about A$1 200/oz by the June quarter of next year. The strategy, which was finalised in May this year,... 

Zuma unveils OR Tambo statue in commemoration

By: Sane Dhlamini     19th October 2017 The life of former African National Congress (ANC) president Oliver Reginald Tambo was commemorated on Thursday with the unveiling of a new statue of the former anti-apartheid struggle stalwart at international arrivals at the OR Tambo International Airport in Johannesburg. President Jacob Zuma... 

Galantas acquiring new equipment for Omagh

By: Mariaan Webb     19th October 2017 Aim- and TSX-V-listed Galantas Gold has made good progress with the development of an underground mine at Omagh, in county Tyrone, Northern Ireland, and is now looking at acquiring new equipment to speed up its development rate. The company reported on Thursday that development had been advanced... 

AngloGold Ashanti sells Moab Khotsong to Harmony; Kopanang to Heaven-Sent

By: Natasha Odendaal     19th October 2017 JSE-listed AngloGold Ashanti has disposed of its various South African gold and uranium mining assets in the Vaal river region to Harmony Gold Mining for $300-million. The transaction comprised the Moab Khotsong mine, the Great Noligwa mine and related infrastructure; AngloGold Ashanti’s entire... 

Miraflores to cost $71.8m - Metminco

By: Esmarie Swanepoel     18th October 2017 A feasibility study (FS) into Aim- and ASX-listed Metminco’s Miraflores gold project, in Colombia, has found that the project could deliver average production of 45 000 oz/y of gold and 22 600 oz/y of silver. Metminco reported that the project was expected to cost about $71.8-million to develop,... 

Kibali on track as it prepares for completion of underground mine

By: Anine Kilian     17th October 2017 Randgold Resources’ Democratic Republic of Congo- (DRC-) based Kibali gold mine remains on track to achieve its production target of 610 000 oz this year as its underground operations and the integration and automation of the vertical shaft enters the final commissioning and automation stage, CEO... 

Coolgardie could deliver 65 000 oz for Primary Gold

By: Esmarie Swanepoel     17th October 2017 The Coolgardie gold project, in Western Australia, could yield about 65 000 oz of gold over an initial 28-month mine life, ASX-listed Primary Gold reported on Tuesday. A prefeasibility study (PFS) found that the project would require a capital investment of A$850 000 to develop a 480 000 t/y... 

Leagold lifts Bermejal Underground measured, indicated resources 94%

By: Henry Lazenby     17th October 2017 Gold producer Leagold Mining has updated the compliant indicated and measured Bermejal Underground resource by 94% to 1.97-million ounces, the company reported on Monday. The measured and indicated Bermejal Underground resource, located at the company’s flagship Los Filos operation, in Mexico,... 

AMCU calls for commission into mine safety

By: Anine Kilian     16th October 2017 In addition to regular inquiries in terms of the Mine Health and Safety Act, the Association of Mineworkers and Construction Union (AMCU) has called for a commission to be set up by the Department of Mineral Resources to determine the real causes of several mining accidents over the past few... 

Prominent Hill openpit closure brought forward

By: Esmarie Swanepoel     16th October 2017 Copper/gold miner Oz Minerals will bring forward the closure of its openpit operations at the Prominent Hill mine, in South Australia, from the mid-2018 to the first quarter of the year. About A$10-million will be saved through the accelerated plan, the company reported on Monday, as it released... 

B2Gold beats Q3 production forecast

By: Henry Lazenby     13th October 2017 The TSX-listed stock of gold producer B2Gold rallied more than 3% on Friday morning following the company reporting better-than-expected gold output for the three months ended September 30. The Toronto-headquartered company reported consolidated gold output of 135 628 oz, including 6 340 oz of... 

Skeena starts underground exploration at Snip

By: Henry Lazenby     13th October 2017 Exploration and development company Skeena Resources has started underground drilling at its 100%-owned Snip gold project, located in the Golden Triangle of northwest British Columbia. The programme will comprise 9 000 m of drilling spread across 73 holes. 

Coolgardie could deliver 32 000 oz to Focus

By: Esmarie Swanepoel     13th October 2017 A prefeasibility study (PFS) into the ASX-listed Focus Minerals’ Coolgardie gold deposits, in Western Australia, has found that the projects could support an average gold production of 32 000 oz/y over a four-year mine life. The PFS considered an underground mine at the Bonnie Vale deposit and... 

Alamos reports record Q3 output at 107 000 oz

By: Henry Lazenby     13th October 2017 Miner Alamos Gold has hit record third-quarter production of 107 000 oz of gold, 8% higher when compared with the same quarter ended September 30, 2016. The record performance was mainly owing to the best-yet production of 55 800 oz from the Young-Davidson, mine, in Ontario, with 36 300 oz... 

Product range to expand to construction industry

By: Simone Liedtke     13th October 2017 Owing to the risk posed by utility pipes, and electrical lines and cables in the ground, industrial product supplier Actum Industrial – part of the Actum Group – is targeting the construction, municipal, and oil and gas industry with its Ridgid range of tooling equipment – such as the SR-20 and... 

Buried utility locating facility essential for accurate information

By: Simone Liedtke     13th October 2017 Utility management company Bosch Munitech’s specialised Underground Services Location (USL) facility encompasses advanced utility detection and mapping services, which are essential for providing accurate information on buried utility infrastructure layouts, says Bosch Munitech underground and... 

Pollution prevention plans worthy of prompt attention

     13th October 2017 The South African government is developing the climate change regulatory environment in line with the Paris Agreement. Regulations and guidelines published recently in terms of the Air Quality Act require companies to now draft pollution prevention plans how they will mitigate emission of gases... 

Alphamin's Bisie mine on track for 2019 production

By: Natasha Odendaal     12th October 2017 Despite facing significant social, political and geographical challenges, emerging miner Alphamin Resources is on track to deliver on the first large commercial tin mine in the eastern Democratic Republic of Congo (DRC). Against a backdrop of historical political upheaval, rent-seeking, an... 

Harmony lifts Q1 gold production

By: African News Agency      12th October 2017 JSE-listed Harmony Gold said on Thursday that gold production from its South African underground operations will be 12% to 14% higher quarter-on-quarter, due to an increase in both volumes and recovered grade. This comes ahead of the release next month of Harmony’s production results for the... 

Millennium on track for full year targets

By: Esmarie Swanepoel     12th October 2017 ASX-listed gold miner Millennium Minerals told shareholders on Thursday that the company was on track to achieve its full year production targets after another solid quarter from its Nullagine mine, in Western Australia. The Nullagine operation delivered 16 007 oz of gold during the three months... 

Nifty reserves increase by 55%

By: Esmarie Swanepoel     12th October 2017 Ore reserves at the Nifty copper mine, in Western Australia, have increased by 55%, representing an additional 84 000 t of copper, ASX-listed Metals X reported on Thursday. The total ore reserve at Nifty is reported at 13.9-million tonnes, grading 1.71% copper for 237 500 t of contained copper,... 

Pretium makes progress with Brucejack ramp-up

By: Henry Lazenby     12th October 2017 British Columbia gold miner Pretium Resources continues with the ramp-up of its flagship Brucejack mine, which produced 82 203 oz of gold in the three months ended September 30. The Vancouver-headquartered company on Wednesday said the gold recovery rate had averaged 96.49% during the period,... 

Leagold continues to lift Los Filos production

By: Henry Lazenby     11th October 2017 Gold miner Leagold Mining has produced 47 766 oz of gold at its flagship Los Filos mine, in Mexico, during the third quarter ended September 30 – a 4% increase over the prior quarter. The Vancouver-based company announced on Wednesday that the mine had produced 137 749 oz of gold during the nine... 

Thor Mining upbeat on Nevada tungsten project after price rally

By: Reuters     11th October 2017 Thor Mining hopes to capitalise on a 50% rise in tungsten prices to nurture a discovery in the U.S. state of Nevada and bring online a more advanced project in Australia, its chairman said. 

Integra quick to outline inferred resource at DeLamar mine, Idaho

By: Henry Lazenby     11th October 2017 Junior explorer Integra Resources has outlined a new inferred resource at the DeLamar gold/silver mine, in southern Idaho, saying it is a critical first step on an 18- to 24-month journey to develop the brownfield project. “There is appetite in the market for new stories right now. DeLamar has... 

Areva's Niger uranium mines to cut staff, slash production – union

By: Reuters     11th October 2017 French uranium mining and nuclear fuel group Areva NewCo's two uranium mines in Niger will cut staff and output in the face of falling uranium prices, a local union leader said on Wednesday. The state-owned company runs the open-cut Somair mine outside the northern, desert town of Arlit and the... 

Kingrose to re-engineer ‘uneconomic’ Talang Santo underground mine

By: Esmarie Swanepoel     11th October 2017 Gold miner Kingsrose Mining on Wednesday announced that underground operations at its Talang Santo mine, in Indonesia, would be progressively suspended from the middle of this month, as the operation was proving to be uneconomic. The ASX-listed explained that production at Talang Santo has... 

Gamsberg zinc prestrip close to halfway mark – Vedanta

By: Martin Creamer     10th October 2017 The prestripping of waste rock at the Gamsberg zinc mine project in the Northern Cape is close to the halfway mark, Vedanta Resources reported on Tuesday, when its interim CEO Kuldip Kaura described as “strong” the quarterly production performances of the London-listed, India-rooted mining... 

Gunner cuts the ribbon at expanded Tanami

By: Esmarie Swanepoel     10th October 2017 Northern Territory Chief Minister Michael Gunner has officially opened the $120-million expansion of US gold miner Newmont Mining’s Tanami operations. The expansion is expected to increase Tanami’s gold production by 80 000 oz/y to between 425 000 oz/y and 475 000 oz/y of gold, lower all-in... 

Centamin maintains FY production guidance after record Q3 output

By: Anine Kilian     9th October 2017 LSE- and TSX-listed Centamin’s Sukari mine, in Egypt, produced 156 533 oz of gold in the third quarter of this year – a 26% quarter-on-quarter and a 5% year-on-year improvement and a new quarterly record. “All sections of the mine continued to perform well during the third quarter, contributing... 

Dacian says Mt Morgan gold mine on track for March 2018 production

By: Esmarie Swanepoel     9th October 2017 First ore has been mined at ASX-listed Dacian Gold’s Beresford underground development, at its Mt Morgans mine, in Western Australia. The company on Monday announced that first ore was intersected about four weeks ahead of schedule, after mining at Beresford started in mid-May. 

Cannon holds 23 580oz - Southern Gold

By: Esmarie Swanepoel     9th October 2017 A new mineral resource at the Cannon gold mine, in Western Australia, could assist ASX-listed Southern Gold in establishing a development model for an underground operation. Southern Gold on Monday reported a total mineral resource of 142 270 t, grading 5.17 g/t gold for 23 580 oz of contained... 

First Cobalt samples high-grade mineralisation styles among historic Cobalt Camp mines

By: Henry Lazenby     6th October 2017 Project consolidator First Cobalt has sampled high-grade mineralisation styles from several historic mines it owns in the prospective Cobalt Mining Camp, in Ontario, located about 400 km north of Toronto. The Toronto-headquartered company announced on Thursday that high-grade vein style... 

On-The-Air (06/10/2017) 

By: Martin Creamer     6th October 2017 The Department of Mineral Resources has dealt the economy a heavy blow by forcing the exploration of diamond giant De Beers to grind to a halt; South Africa’s foremost black miner this week committed the industry to doing all it can to build a better South Africa; and The world’s oldest mine this... 

One miner dies in cave-in at coal mine in Romania

By: Reuters     6th October 2017 One miner died and another was in critical condition after an underground gallery caved in at the Lupeni State-owned hard coal mine in Romania, Energy Minister Toma Petcu said early on Friday. The ceiling of the mining gallery caved in on Thursday afternoon, catching a team of 11 miners.  

De Beers’ diamond exploration grinding to halt on government issues 

By: Martin Creamer     5th October 2017 The exploration programme of De Beers Consolidated Mines (DBCM) is grinding to a halt owing to the ongoing issues the iconic diamond mining company is experiencing with South Africa’s Department of Minerals Resources (DMR). With the hold-up of as many as 54 prospecting licence applications for as... 

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