R/€ = 16.15 Change: 0.19
R/$ = 14.17 Change: 0.21
Au 1239.98 $/oz Change: -6.65
Pt 789.68 $/oz Change: 0.81

Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Researcher and Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Newcrest moves on two Chile gold projects

11th December 2018 Australia-based gold major Newcrest Mining has expressed an interest in farming into the Gorbea projects, in Chile, which fellow major Yamana Gold previously explored in a joint venture with Mirasol Mining. Newcrest, which is already participating in other JVs with Mirasol, has signed a heads of... 

Capstone to debottleneck Cozamin

11th December 2018 The Cozamin mine, the foundation upon which Canadian base metals miner Capstone Mining has been built, is set for a 30% production increase by the end of 2020, at an investment of less than $5-million. Production is currently constrained by the mine’s ability to deliver ore to the surface, but... 

Yet another invasion at Aura's Honduras mine

11th December 2018 Midtier gold and copper miner Aura Minerals has suspended mining operations at its San Andres mine, in Honduras, following another illegal invasion by a number of individuals. The illegal occupation follows a similar event earlier this year, which in July led to the company laying off 44... 

Five positions eliminated in New Gold management shakeup

11th December 2018 Canada-focused New Gold eliminated five senior management positions in a reorganisation aimed at better aligning its corporate structure with a smaller asset base, following the divestment of the Mesquite and Peak mine earlier this year. The restructuring eliminated the positions of VP,... 

Detour delays shareholders meeting as initial results show Paulson controls board

10th December 2018 Detour Gold – the operator of Canada’s largest gold mine – has postponed its planned special shareholders meeting by two days, after initial results suggest that a bloc of shareholders has sided with Paulson & Co and that the US hedge fund manager will take control of the board. The special... 

South32 inks US copper alliance with EMX

10th December 2018 Diversified miner South32 has entered into regional strategic alliance agreement with a subsidiary of EMX Royalty, focusing on finding copper and other base metals projects in Arizona, New Mexico and Utah. The agreement provides funding for generative work and acquisitions over a two-year... 

Barrick’s Michael Brown retires ahead of Randgold merger

10th December 2018 Gold major Barrick Gold has announced management changes in its North American region ahead of the completion of its merger with Africa-focused Randgold Resources on January 1. CFO Catherine Raw will assume responsibility for the enlarged group’s US operations the newly created position of COO... 

Newmont provides updated 2019 forecast

6th December 2018 Newmont Mining expects to produce 5.2-million ounces of gold in 2019, and 4.9-million ounces in 2020, the US-based miner reported on Thursday. The updated guidance is at the midpoint of its previous range of 4.9-million ounces to 5.4-million ounces for 2019. 

Peru rejects EIA for Sierra Metals’ Yauricocha expansion

6th December 2018 Toronto-headquartered Sierra Metals is facing a delay at its Yauricocha tailings expansion project, following the rejection of the environmental impact assessment (EIA) study for the deposition facility. An approved EIA is required for a construction permit for the next three phases of the... 

Mason Graphite outlines new economics for Lac Guéret

6th December 2018 Canadian graphite mining hopeful Mason Graphite has updated the economics for the Lac Guéret graphite project, in north-eastern Quebec, following a new capital expenditure (capex) estimate. The company, at the end of October, increased the capex estimate for the graphite project to... 

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