R/€ = 18.21 Change: 0.05
R/$ = 15.36 Change: 0.06
Au 1828.55 $/oz Change: -40.82
Pt 937.42 $/oz Change: -9.08

Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Resgen says IDC resolves not to grant extension for Boikarabelo coal funding

28th October 2020 Owing to delays in satisfying certain conditions precedent to reaching financial close for first drawdown under the mine funding package for the construction of the Boikarabelo coal project, dual-listed Resource Generation (Resgen) has been trying to secure formal sign off of the extension of the... 

Vivo Energy, Robex to set up a solar plant at Mali mine

28th October 2020 Canadian mining company Robex Resources and Vivo Energy, which sells and distributes Shell- and Engen-branded fuels and lubricants in Africa, have reached an agreement for Vivo Energy to supply solar energy to the Nampala gold mine, in Mali, for a period of five to fifteen years. The project will... 

US agency partners with Africa50 to attract capital to the continent

27th October 2020 Independent US foreign assistance agency the Millennium Challenge Corporation (MCC) has partnered with infrastructure investment platform Africa50 to create a global investment platform to attract more capital to Africa. The organisations have signed a memorandum of understanding (MoU) to develop... 

A2X boasts 37 listings after three years

27th October 2020 Three years after launching with just three listings and four brokers, South African stock exchange A2X Markets now has 37 securities listed, five of the country’s top six brokers trading on the exchange and a combined market cap of over R2.1-trillion, it acclaimed in an October 27 media release.... 

IronRidge records high-grade drilling results at Zaranou

27th October 2020 Aim-listed IronRidge Resources has recorded final high-grade drilling results from the second phase drilling programme at the Ebilassokro and Ehuasso targets, both within the Zaranou gold project area in Côte d'Ivoire Final high-grade reverse circulation (RC) and aircore (AC) drilling results... 

Petra cautiously optimistic about improved diamond prices

27th October 2020 Diamond miner Petra Diamonds continued to perform well during the three months to September 30, with record carat production at the Cullinan mine in South Africa during August and September, an “excellent achievement” given the Covid-19 mitigation measures, which now form part of the group’s... 

Kodal making strides in Mali, Côte d’Ivoire

27th October 2020 Mineral exploration and development company Kodal Minerals says it is making progress with its mining licence application for the Bougouni lithium project, in southern Mali, as well as with regard to a memorandum of understanding (MoU) entered into with Sinohydro and its gold exploration... 

DRDGold’s output rises 45% q/q

27th October 2020 Dual-listed DRDGold reported a 45% quarter-on-quarter increase in gold production to 48 676 oz (1 514 kg) for the quarter ended September 30, owing primarily to a 27% increase in tonnage throughput to 7.26-million tonnes and a 15% increase in yield to 0.209 g/t. Gold sold increased by 60% to 48... 

Adapt IT says records resilient results despite pandemic headwinds

26th October 2020 JSE-listed Adapt IT CEO Sbu Shabalala says the company remained resilient during the financial year ended June 30 in a period dominated by global macroeconomic challenges and the Covid-19 pandemic, owing to its sound underlying business model of providing mission critical software to its clients... 

Nxuba Wind Farm starts generation, delivery of energy

26th October 2020 With the commissioning of the final wind turbine at the 140 MW Nxuba Wind Farm in the Eastern Cape, Enel Green Power (EGP) has started with the generation and delivery of energy. The company says this is despite challenges attributed to Covid-19 containment measures and national lockdown. 

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