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Barrick's offer for control of Acacia Mining reflects risk – CEO

By: Reuters     24th May 2019 Barrick Gold's offer to buy the rest of Acacia Mining reflects the risk the Canadian-listed mining company faces in increasing its exposure to Tanzania, its chief executive said on Friday. Barrick, which owns 63.9% in London-listed Acacia, on Tuesday proposed to buy out the minority shareholders... 

Walkabout fast-tracks Tanzania project

By: Tasneem Bulbulia     24th May 2019 Graphite developer Walkabout Resources has started an integrated “early start” programme for the procurement, manufacturing and site works for the Lindi Jumbo project, in Tanzania. The “early start” programme is aimed at fast-tracking the project to production to allow the company to capitalise... 

African zinc production to rise to 5% of global share with Gamsberg development

By: Marleny Arnoldi     24th May 2019 Vedanta’s $400-million investment into the Gamsberg zinc mine, in South Africa’s Northern Cape, will result in Africa’s zinc production rising to 5% of global production, compared with the current 3.4%, CNN said on Friday. CNN Marketplace Africa will, on Friday evening, air a discussion by host... 

New strategy, new structure for the CSIR

By: Rebecca Campbell     24th May 2019 Council for Scientific and Industrial Research (CSIR) CEO Dr Thulani Dlamini announced on Friday both a new strategy and a radical restructuring of South Africa's world-renowned science council. The aim of the new strategy and structure is to strengthen the industrial research activities of the... 

Big data business solutions lab launched at Wits

By: Schalk Burger     24th May 2019 A new research and design laboratory at the University of the Witwatersrand (Wits), called Scilinx, was developed to address the needs of businesses and industries that require high-level, specialised expertise to develop solutions for their agile, freely evolving operational systems and... 

On-The-Air (24/05/2019) 

24th May 2019 Researchers this week made a strong call to mining companies to stop sending people into deep underground mines and to use remote machinery instead. South African manganese is helping fuel cells to be more affordable, which will be a big boost for platinum. A greater sense of purpose is emerging... 

Vedanta-Konkola liquidation case adjourned to June 4

By: Reuters     24th May 2019 A court hearing between Vedanta, its Konkola Copper Mines business (KCM) and the Zambian government over control of KCM, was adjourned on Friday until June 4, a lawyer said. Vedanta is fighting the government's attempt to seize KCM, which is one of the biggest employers in Zambia, Africa's second... 

Taseko’s Gibraltar GM named MABC mining person of the year

By: Creamer Media Reporter      24th May 2019 The Mining Association of British Columbia (MABC) has named Richard Tremblay, VP and general manager at Taseko’s Gibraltar mine, as the 2018 Mining Person of the Year. The 2018 award honours Tremblay’s dedication and leadership within the industry, advancing research, management and community... 

Tyranna has Eureka moment in WA

By: Esmarie Iannucci     24th May 2019 An independent study into the re-start of the Eureka gold project, in Western Australia, has proven that it could be a viable cash flow opportunity for owner Tyranna Resources. The restart study estimated that some 2 000 oz of gold could be recovered over a one-month mine life, generating free... 

Stoppage at Newmont Goldcorp mine costs Mexico millions daily - Minister

By: Reuters     24th May 2019 Ongoing stoppages at Newmont Goldcorp Corp's Penasquito gold mine in Mexico are costing "millions" every day to both public coffers and the company, a Mexican Minister said on Thursday, urging a solution that will restart operations. Speaking to reporters in Mexico City, Francisco Quiroga, the... 

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