https://www.engineeringnews.co.za
R/€ = 19.85 Change: -0.20
R/$ = 17.00 Change: -0.21
Au 1864.37 $/oz Change: -36.88
Pt 851.81 $/oz Change: -31.60
 

Mining News

BHP sought to disturb cultural sites even after concerns raised - inquiry

By: Reuters     17th September 2020 BHP Group pursued permission to damage Aboriginal cultural sites in April, an Australian parliamentary inquiry heard on Thursday, despite being told of the distress it would cause traditional owners. The inquiry is investigating Rio Tinto's legal detonation in May of sacred and historically... 

First Quantum launches $1bn debt offering

By: Creamer Media Reporter      17th September 2020 Base metals miner First Quantum Minerals has launched $1-billion of senior unsecured notes due in 2027. The company will use the gross proceeds from the sale of the notes to repay the $575-million principal amount under its existing revolving credit facility and for the redemption of... 

Cornish Lithium mulls second round of crowdfunding, IPO for UK project

By: Reuters     17th September 2020 Britain's Cornish Lithium said on Thursday it was considering another round of crowdfunding for its geothermal lithium project after reporting high grades of the key battery ingredient in brine that also produces renewable power. The exploration company, founded and headed by ex-banker Jeremy... 

Cornish Lithium mulls second round of crowdfunding, IPO for UK project
Cornish Lithium Jeremy Wrathall

Kallak products will be ‘market leading’, says Beowulf

By: Mariaan Webb     17th September 2020 The Kallak North deposit, which explorer and developer Beowulf Mining has been lobbying Sweden to exploit, has the potential to produce an exceptionally high-grade magnetite concentrate of 71.5% iron content. London-listed Beowulf Mining on Thursday announced findings of an expert market... 

Harmony Gold, Pan African, platinum make headlines 

17th September 2020 Mining Weekly Editor Martin Creamer unpacks the integration of Mponeng and Mine Waste Solutions surface gold recovery operation into Harmony Gold, Pan African's results and platinum possibly on its way into battery electric vehicles as a battery metal. 

Harmony Gold, Pan African, platinum make headlines
Harmony Gold, Pan African, platinum make headlines

TNG looks at green hydrogen production at Mt Peake

By: Esmarie Iannucci     17th September 2020 – ASX-listed TNG will partner with Germany-based strategic engineering group SMS Group for the development of a carbon-neutral technology to produce green hydrogen as part of an optimsiation strategy for the Mount Peake vanadium/titanium/iron project, in the Northern Territory. Under the... 

Restoration after 2015 Brazil dam burst behind schedule -UN expert

By: Reuters     17th September 2020 None of 42 projects to repair damage from the 2015 collapse of a Brazilian dam is on track, according to a United Nations expert report published shortly before mining giant BHP hears if it will be pursued through English courts over the disaster. UN Special Rapporteur Baskut Tuncak alleged... 

Euro Sun hoping to start construction in 2021

By: Mariaan Webb     17th September 2020 The last two quarters have come with significant change for Canada-based junior Euro Sun, which is developing the ten-million-gold-equivalent ounce Rovina Valley project, in Romania. Operationally, Euro Sun added to its senior management to advance the permitting and engineering at Rovina... 

Euro Sun hoping to start construction in 2021

Alacer/SSR merger completed

By: Esmarie Iannucci     17th September 2020 The merger of equals between ASX- and TSX-listed Alacer Gold and fellow-listed SSR Mining has been completed, with Alacer becoming a wholly owned subsidiary of SSR. The two companies in May this year announced the C$2.4-billion share deal, under which Alacer shareholders received 0.3246 SSR... 

Exploration on the rise in WA

By: Esmarie Iannucci     17th September 2020 Mineral exploration activity in Western Australia has hit a record five-year high, new data from the Department of Mines, Industry Regulation and Safety showed. The department recorded a five-year high in the number of programme of work (PoW) applications, with the figures for July and August... 

Stillwater West could be a leading US source of key metals, says Group Ten

By: Mariaan Webb     17th September 2020 Exploration and development company Group Ten is continuing to advance its Stillwater West project, in Montana, which it believes has the potential to be a leading US-based source of key battery metals and platinum group metals (PGMs). The company is targeting bulk-tonnage deposits of... 

Early construction starts at Warrawoona

By: Esmarie Iannucci     17th September 2020 Construction has started at ASX-listed Calidus Resources’ Warrawoona gold project, in the Pilbara, with contractor Macmahon Holdings tapped as the preferred mining contractor. “The commencement of construction activities at Warrawoona is a major milestone for Calidus. Installing the base... 

Mincor gives green light to Kambalda

By: Esmarie Iannucci     17th September 2020 The board of ASX-listed Mincor Resources has approved the development of the A$68-million Kambalda nickel operation, in Western Australia, after securing a A$55-million project debt facility from two tier-1 international banks. The credit approved term sheet with BNP Paribas and Societe Generale... 

Lulo diamonds sell for A$3.2m

By: Esmarie Iannucci     17th September 2020 Diamond miner Lucapa has generated A$3.2-million in revenue from the sale of diamonds from its Lulo alluvial mine, in Angola. The ASX-listed company on Thursday told shareholders that 3 477 ct of Lulo diamonds had been sold at an average price of A$911 per carat.  

Boston Shaker meets milestone

By: Esmarie Iannucci     17th September 2020 Commercial production has been declared at the Boston Shaker underground mine, at the Tropicana gold joint venture (JV) in Western Australia. Development of the underground operation was approved in March last year, and the mine transitioned to commercial production on schedule, and below the... 

Australia invests A$1.9bn in clean energy

By: Esmarie Iannucci     17th September 2020 The Australian government has announced a A$1.9-billion investment package into future technologies to lower emissions, support job creation and strengthen the economy. Prime Minister Scott Morrison on Thursday announced supporting the next generation of energy technologies with an extra... 

Australia invests A$1.9bn in clean energy

Altus secures royalty, upfront and future payment agreements for Côte d'Ivoire gold projects

By: Marleny Arnoldi     16th September 2020 TSX-V- and Aim-listed Altus Strategies has signed purchase and sales, and net smelter return royalty (NSR), agreements with TSX-V-listed Stellar Africa Gold. This relates to Altus selling its 100% interest in Aeos Resources, which, through a Ivorian subsidiary named Aucrest, owns the Prikro and... 

Project launched to bolster Botswana's geoscience data

By: Donna Slater     16th September 2020 Full tensor gravity gradiometry (FTG) data company Bell Geospace and the Botswana Geoscience Institute (BGI) have launched the Mineral Prospectivity Mapping project at the virtual Africa Mining Summit 2020, held on September 15 and 16. The project promotes access to integrated quality geoscience... 

Vale plans iron-ore capacity jump to 400Mt/y

By: Mariaan Webb     16th September 2020 Brazilian iron-ore giant Vale has detailed plans to increase its production capacity to 400-million tons a year – a substantial improvement on the capacity of its current operating assets. The miner currently has the capacity to produce 318-million tons a year. In 2018, before the Brumadinho dam... 

Vale plans iron-ore capacity jump to 400Mt/y

Minerals Council publishes second field guide on Covid-19 safety behaviour

By: Marleny Arnoldi     16th September 2020 The Mineral Council South Africa on September 16 launched its Beyond the Mine Gate Field Guide. The guide is aimed at empowering employees in the sector as agents of change, by promoting and supporting healthy and safe behaviour within communities.  

Solar to provide most of gold plants’ daytime power – Pan African  

By: Martin Creamer     16th September 2020 The 10 MW solar electricity plant that Pan African Resources will construct on site at its Elikhulu gold-from-tailings plant next year at a cost of R150-million will take care of most of Elikhulu’s daytime power requirements. This is the first phase of solar power generation at Evander. Pan... 

Solar to provide most of gold plants’ daytime power – Pan African
Pan African Resources results covered by Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

First Quantum does not expect further Covid disruptions at its mines

By: Mariaan Webb     16th September 2020 With the Cobre Panama mine back at full production following an earlier Covid-19-related shutdown, Toronto-listed miner First Quantum does not expect any further disruptions related to the pandemic, with precautionary measures in practice at all its operations. The Cobre Panama mine, which was... 

First Quantum does not expect further Covid disruptions at its mines
The Cobre Panama plant

NUM ‘shocked’ by growing number of mine fatalities in Limpopo

By: Simone Liedtke     16th September 2020 The National Union of Mineworkers (NUM) has expressed shock about the increasing number of fatal incidents in the Limpopo province’s mines this week.    

Traceability, due diligence system implemented for Côte d’Ivoire artisanal gold

By: Simone Liedtke     16th September 2020 Natural resources organisation Impact and the European Union (EU) have successfully implemented a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire as part of the Just Gold project. The Just Gold project supports artisanal gold... 

CAML defers dividend decision pending clarity on tailings leak

By: Mariaan Webb     16th September 2020 London-listed Central Asia Metals has deferred its dividend decision and is reviewing its zinc and lead production guidance, after a tailings storage facility leak earlier in the week at its Sasa facility, in Northern Macedonia. The company planned to reinstate its dividend, but has now delayed... 

 CAML defers dividend decision pending clarity on tailings leak
The Sasa operation in Northern Macedonia

Cora Gold appoints new exploration head

By: Simone Liedtke     16th September 2020 West Africa-focused gold miner Cora Gold has appointed Norman Bailie as exploration head, with immediate effect. Bailie succeeds Dr Jonathan Forster, who is retiring from this role but will continue to be retained as an adviser to the company.   He is an accredited chartered professional... 

Russia considers mineral extraction tax rise, Kremlin says no decision

By: Reuters     16th September 2020 Russia is considering tripling the mineral extraction tax on metals and fertiliser producers as Moscow seeks ways to raise revenues, industry sources told Reuters on Wednesday, although the Kremlin said no decision had yet been taken. The tax rise under review, which would affect firms including... 

Platinum jewellery showing signs of resilience post-pandemic, says WPIC

By: Simone Liedtke     16th September 2020 The platinum jewellery market is showing signs of resilience in the wake of the Covid-19 pandemic, supported by new research into consumer sentiment, says the World Platinum Investment Council (WPIC). In a newsletter by the council, published on September 16, it notes that jewellery is the... 

Petra recovers five blue diamonds at Cullinan mine

By: Simone Liedtke     16th September 2020 London-listed Petra Diamonds has recovered five Type IIb blue diamonds of high quality, in terms of both their colour and clarity, at its Cullinan mine, in South Africa. The diamonds are also significant in terms of their size, weighing 25.75 ct, 21.25 ct, 17.57 ct, 11.42 ct and 9.61 ct, and are... 

Petra recovers five blue diamonds at Cullinan mine
The five recovered Type IIb blue diamonds.

Papillon makes ‘good progress’ in making board changes for Mayflower transaction

By: Simone Liedtke     16th September 2020 London-listed investment company Papillon Holdings nonexecutive director Lord Monson has been appointed nonexecutive chairperson. He succeeds James Longley, who remains CFO and nonexecutive director. 

Miner BHP says Aboriginal landowners free to speak on how it manages cultural heritage

By: Reuters     16th September 2020 BHP Group said on Wednesday the destruction of a 43 000-year old Aboriginal rock shelter in Australia by fellow miner Rio Tinto had impacted the trust between Indigenous land owners and the resource industry. It said it would halt work that could impact Aboriginal sacred sites while it consulted... 

Mine life extended at Gabanintha

By: Esmarie Iannucci     16th September 2020 ASX-listed Technology Metals Australia has reported a 32% increase in the ore reserves at its Gabanintha vanadium project, increasing the projected mine life from 16 to 22.5 years. The company on Wednesday reported that the proven and probable reserve was now estimated at 39-million tonnes,... 

Lundin Gold receives permit to drill Emperador concession

By: Creamer Media Reporter      16th September 2020 Ecuador-focused Lundin Gold has received an exploration permit for the Emperador concession, which includes the drill ready Barbasco target, where the company plans to start a drill programme in the fourth quarter. The Barbasco target is 3.8 km in length and has a similar structural location and... 

Pan African proposes record final dividend as headline earnings surge 

By: Martin Creamer     16th September 2020 Gold mining company Pan African on Wednesday proposed a record final dividend after headline earnings surged 93% and net cash generated by operating activities rose by 42%. Mining Weekly can report that, in the 12 months to June 30, gold produced by the London-, Johannesburg- and New York-listed... 

Pan African proposes record final dividend as headline earnings surge
Photo by Creamer Media
Pan African CEO Cobus Loots

Kore Mining demonstrates Long Valley’s potential

By: Creamer Media Reporter      16th September 2020 TSX-V-listed Kore Mining has announced the results from a preliminary economic assessment (PEA) for its Long Valley Gold deposit, in California, demonstrating its potential to generate strong economic returns, while complying with stringent operating and reclamation standards. The PEA highlights... 

Miners well represented in TSX’s top 30-stock ranking

By: Mariaan Webb     16th September 2020 Mining, exploration and development companies are well represented in the 2020 TSX30 – a programme that showcases the TSX’s 30 top-performing stocks that represent sustained excellence over the long term. Mining companies represent 14, or nearly half, of the TSX30, which ranks stocks based on... 

Miners well represented in TSX’s top 30-stock ranking

Resources Watch  

16th September 2020 This week: Platinum has potential to be three-times-bigger $35bn-a-year industry Data key to long-term optimization And, prize potentially large in platinum fuel cell and hydrogen growth 

Resources Watch
1 2 3
4
5 6 7 8 9

Company Post

more

Latest News

more

Latest Videos

more

Company Announcements

more

Topics In These Articles

RSS Feed

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