http://www.engineeringnews.co.za
R/€ = 16.06 Change: -0.13
R/$ = 14.17 Change: -0.12
Au 1343.60 $/oz Change: 15.12
Pt 824.83 $/oz Change: 14.54
 

Simone Liedtke

Simone Liedtke

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Exxaro completes Tronox divestment

18th February 2019 Diversified miner Exxaro Resources on Monday confirmed that NYSE-listed mining and inorganic chemicals company Tronox has completed the first stage of its redomiciliation, whereby it has acquired Exxaro’s remaining ownership interest in Tronox Sands for just over R2.06-billion, or about... 

M2 motorway to be closed until Oct to allow for bridge rehabilitation

18th February 2019 The Johannesburg Roads Agency (JRA) will be closing the M2 motorway between the Crown interchange and Martizburg street to allow for bridge rehabilitation to resume. The road closure will be in effect from 06:00 on February 28 until the end of October. Work on both carriageways is expected to be... 

ARM expects increase in H1 headline earnings

15th February 2019 Diversified miner African Rainbow Minerals (ARM) expects its headline earnings a share for the six months ended December 31, to increase by between 8% and 15% to between R11 and R11.80, compared with the R10.23 reported for the first half of the prior financial year. This positive impact is as a... 

Mantashe calls for more security at mines following Gloria coal mine incident

15th February 2019 Mineral Resources Minister Gwede Mantashe on Friday said the priority remains to restore ventilation at the Gloria mine, in Mpumalanga, and to reduce flammable gases underground so that the search and recovery process can continue with the necessary speed. He also called for security at mines to... 

Govt, industry collaboration needed to create thriving diamond industry – Ernie Blom

15th February 2019 World Federation of Diamond Bourses president Ernie Blom has called on Mineral Resources Minister Gwede Mantashe, through an open letter, to put into practice what government has said regarding the development of the South African mining industry, in general, and to help “pave the road to... 

Centamin announces significant resource increase at Côte d'Ivoire projects

15th February 2019 A 120 000 m drill programme in 2018 across dual-listed Centamin’s wholly-owned landholdings in Côte d'Ivoire, has resulted in an increase of more than 100% in mineral resources, the company announced on Friday. A maiden resource has been declared at the ABC project, on the west side of the... 

Petropavlovsk says IRC facility refinanced

15th February 2019 Russian miner Petropavlovsk announced on Friday that it had reached an important step in concluding the refinancing of a $240-million facility that Hong Kong-based IRC, in which it is a large shareholder, has with the Industrial and Commercial Bank of China (ICBC). Petropavlovsk is the guarantor... 

Brucejack to ramp up to 3 800 t/d this year

15th February 2019 In its first full year of production, dual-listed Pretium Resources has generated almost $200-million in cash from operations, while producing 376 012 oz of gold, president and CEO Joseph Ovsenek reported on Thursday. The intermediate gold producer’s all-in sustaining costs (AISC) for the second... 

2019 to be an ‘important year’ for First Quantum

15th February 2019 TSX-listed First Quantum Minerals is set for “another important year” as the Cobre Panama project, in Panama, is gearing up to start production, chairperson and CEO Philip Pascall said on Thursday, announcing the miner’s fourth-quarter and year-end results. He reported that the development of... 

KfW, IDC sign $80m loan facility for green economy development

15th February 2019 German development bank KfW and the Industrial Development Corporation of South Africa (IDC) on Thursday signed a “milestone agreement” for an $80-million loan facility. KfW executive board member Dr Stefan Peiß and newly appointed IDC CEO TP Nchocho were in attendance to sign the document on... 

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close