R/€ = 16.42 Change: -0.02
R/$ = 13.98 Change: -0.01
Au 1282.34 $/oz Change: -0.06
Pt 935.00 $/oz Change: -0.50

Creamer Media Reporter

Polyus starts two-year drilling campaign at large gold deposit

21st November 2017 A two-year, 180 000 m drilling campaign at the Sukhoi Log deposit – Russia’s biggest greenfield gold project – has started. A three-dimensional block model, which used historical drilling results, has estimated an inferred mineral resource of 58-million ounces, grading 2 g/t. 

Tlou to list on Botswana Stock Exchange, raise £2.4m from new investors

21st November 2017 Coal-bed methane project developer Tlou Energy has secured the support of new investors and plans to list on the Botswana Stock Exchange (BSE) by mid-December. The Aim- and ASX-listed company will submit its application to list on the main board of the BSE this week. 

Gold Road locks in portion of Gruyere’s production

20th November 2017 Gold development and exploration company Gold Road, which is building the Gruyere gold mine in a joint venture with South Africa’s Gold Fields, has entered into forward sales with two major banks for up to 200 000 oz of Australian dollar denominated forward sales. To date, the company has locked... 

Wet commissioning of Yanfolila CIL circuit under way

20th November 2017 Wet commissioning of the carbon-in-leach (CIL) circuit at Aim-listed Hummingbird Resources’ Yanfolila mine, in Mali, has started ahead of the planned first gold pour by year-end. The precommissioning of the installed ball mill, as well as the commissioning of the raw water supply for the... 

MRC enters into JV to explore for graphite in WA

20th November 2017 ASX-listed Mineral Commodities (MRC) has entered the battery materials market, announcing on Monday that it had executed a farm-in and joint venture (JV) agreement to explore for graphite in Western Australia. The Munglinup JV with Gold Terrace provides for exploration and development of a... 

Queensland’s Capricorn copper mine reopens

20th November 2017 he Capricorn copper mine, in near Mount Isa, in Queensland, has produced its first copper concentrate and has officially been declared open. The mine, jointly owned by private equity fund EMR Capital and mining group Lighthouse Minerals, will produce about 30 000 t/y of copper in concentrate over... 

NUM postpones planned coal sector strike

17th November 2017 The National Union of Mineworkers (NUM) will postpone its planned strike in the coal sector, as some coal companies have decided to table new offers to NUM members. The union on Friday said the coal companies would present the new wage offers on Monday, after which the union would decide to... 

Engineering News iPhone and Android Apps available for free download

17th November 2017 Creamer Media’s readers continue to be part of the mobile revolution.  Over 20% of Creamer Media’s online readers view the websites on their mobile devices. To cater for this growing mobile readership Creamer Media offers an Engineering News Online app for iPhone and Android users.  These apps... 

Creamer Media wows market with combined subscription offer

16th November 2017 Creamer Media’s Research Channel Africa is a powerful information tool, providing real-time intelligence on industry and mining developments in Africa. Publishing Editor, Martin Creamer urges readers to “make a smart choice for 2018 and take up Creamer Media’s combined subscription offer”.  This... 

GoviEx Uranium granted exploration permit for Agaliouk tenement

15th November 2017 TSX-V-listed GoviEx Uranium has been granted an exploration permit for its Agaliouk tenement, adjacent the Madaouela project, in Niger. Agaliouk adds 11.67-million pounds triuranium octoxide (U3O8) in the measured and indicated categories and 9.35-million pounds U3O8 in the inferred category to... 

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