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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

Probe drilling confirms Val-d’Or expansion, new discoveries

12th February 2019 Canadian gold exploration company Probe Metals on Tuesday reported new results from the 2018 drill programme on the Val-d’Or East Courvan property area, in Quebec, which identified both new discoveries, as well as confirmed significant expansion of previous discoveries north and west of the... 

Serabi reports fatality at Palito gold mine

12th February 2019 Dual-listed Serabi Gold on Tuesday confirmed a fatality at its Palito gold mine, in Brazil, in a mining-related accident on February 11. The accident involved one of the company’s employees who sustained a crush-related injury and died from his injuries. 

Accenture seeks to improve mining sector data analytics

12th February 2019 Global professional services company Accenture is investing in a new Applied Intelligence Studio for Mining, in Johannesburg, which will combine the latest in data science and artificial intelligence technologies with deep industry knowledge for the development of new intelligent digital... 

Mandalay raises C$60m to stabilise liquidity position

12th February 2019 TSX-listed Mandalay Resources has announced plans to raise C$60-million to address its short-term liquidity requirements. The financing will be raised through a marketed public offering of up to about C$50-million of subscription receipts and an $8-million convertible bridge loan from a CE Mining... 

Bezant outlines mining options for Mankayan project

12th February 2019 Aim-listed Bezant Resources on Tuesday said that an independent study had found that the Mankayan copper/gold porphyry supported different robust routes for the future development of its Philippines-based project. This included, for the first time, a sub-level caving (SLC) ‘stepping stone’... 

Alrosa’s January sales down 44% y/y

12th February 2019 Following a strong performance in December, Russian miner Alrosa’s rough and polished diamond sales fell to $281.5-million in January – a 44% decrease on the same month in 2018. January’s rough diamond sales amounted to $278.2-million and polished diamond sales were $3.4-million, the company... 

Raubex warns of 20% drop in FY earnings

12th February 2019 Infrastructure development and construction materials group Raubex has warned that its earnings for the financial year ended February 2019, will fall by at least 20%, owing to continued weak trading conditions in the South African construction industry, particularly in the road construction... 

Firestone’s Lesotho mine delivers 70 ct diamond

12th February 2019 Aim-listed Firestone Diamond has recovered a 70 ct white, makeable diamond from its Liqhobong mine, in Lesotho. CEO Paul Bosma said on Tuesday that the 70 ct stone was recovered in the northern, low grade part of the pit where the bulk of Firestone’s mining would take place in the coming months. 

Connemara mulls name change to ‘Arkle Resources’

12th February 2019 Gold and zinc explorer Connemara Mining on Tuesday announced a proposed name change to Arkle Resources. The name change, while reflecting the company’s heritage as an Ireland-based business established to focus on zinc assets, would better reflect its diversified position in gold and zinc... 

HCI increases PTM shareholding to 19.89%

11th February 2019 Hosken Consolidated Investments (HCI) has acquired, through a private placement undertaken by its subsidiary Deepkloof, over two-million common shares in TSX-listed Platinum Group Metals (PTM) at $1.33 a share, for a total consideration of $2.8-million. This acquisition brings HCI’s total... 

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