Topic

Mining fatalities among ICMM member companies decrease again

By: Marleny Arnoldi 22nd May 2019 International Council on Mining and Metals (ICMM) member companies recorded 50 fatalities in 2018, compared with the 51 recorded in 2017 and the 63 recorded in 2016. Eleven of ICMM’s 27 member companies reported no fatalities in 2018, compared with eight in 2017. These companies were Africa... →

Canadian miner Pure Gold starts trading on LSE

By: Mariaan Webb 21st May 2019 Canadian gold development company Pure Gold Mining on Tuesday made its debut on the LSE main market, in the UK, trading at 32.50p a share. The listing, which is alongside the company’s existing Toronto listing, will introduce Pure Gold to European and UK investors as it approaches the... →

Simplified backfill

By: Creamer Media Reporter 20th May 2019 Victaulic, the world’s leading manufacturer of mechanical pipe-joining systems, has seen great success with the introduction and implementation of its series 725 diverter valve, and its impact on the South African mining industry. As the industry’s first grooved-end valve designed specifically... →

Amplats dismisses half of Mototolo’s underground employees amid unprotected strike

By: Simone Liedtke 20th May 2019 Platinum miner Anglo American Platinum, headed by Chris Griffith, has dismissed half of the Mototolo mine’s underground employees amid an unprotected strike, but has given the dismissed employees until May 21 to appeal the decision. Employees at the mine affiliated with the General Industrial... →

Tailings operations contribute to more than 50% increase in Pan African’s output

By: Marleny Arnoldi 17th May 2019 Aim- and JSE-listed Pan African Resources has reported solid gold production from its Elikhulu project for the nine months ended March 31, making up for its Evander project’s lossmaking underground operations. Gold production from the company’s continuing operations increased to 123 771 oz, a... →

Ramelius warns of further delays at Greenfinch

By: Esmarie Iannucci 15th May 2019 Gold miner Ramelius Resources has warned of further delays to the approval process for its Greenfinch openpit operation, in Western Australia, immediately adjacent to the Edna May operation. The Western Australian Department of Mines, Industry Regulation and Safety in November rejected the... →

Over 40% of minority shareholders of Turquoise Hill oppose independent directors

By: Reuters 14th May 2019 A large proportion of the minority shareholders in Rio Tinto Plc-controlled Turquoise Hill Resources voted against the re-election of the company's independent directors on Tuesday. While all seven directors were re-elected to the board, according to a Turquoise Hill filing, over 40% of... →

Release of updated IRP imminent, says Radebe, as he allays coal producers' fears

By: Kim Cloete 14th May 2019 Energy Minister Jeff Radebe has promised that the update of the Integrated Resource Plan, which reflects the government’s policy blueprint for the power sector, will be concluded "very shortly". He told delegates attending the African Utility Week and PowerGEN Africa forum, in Cape Town, on... →

Release of IRP 'imminent' – Energy Minister

By: African News Agency 14th May 2019 South Africa's Integrated Resource Plan, which will set out South Africa's future energy mix, would be "concluded imminently", Energy Minister Jeff Radebe said on Tuesday. Speaking at African Utility Week taking place at the Cape Town International Convention Centre, Radebe said the IRP was still... →

Stornoway targets up to C$20m in cost reductions to preserve liquidity

By: Marleny Arnoldi 14th May 2019 Canadian miner Stornoway Diamond Corporation has initiated a series of actions to preserve its liquidity, including targeted cost reductions of C$18-million to C$20-million this year. The miner, which operates the Renard mine in Quebec, said on Monday that the continued downward pressure on the... →

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