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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Osisko makes initial investment towards share buyback programme, reduces debt by $43m

7th January 2019 TSX- and NYSE-listed Osisko Gold Royalties on Monday announced that it had completed an initial investment of C$9.8-million towards its normal course issuer bid (NCIB) for 849 480 shares and that it had repaid $43-million on its revolving credit facility. The share repurchases were completed as... 

NUM bemoans nonpayment of salaries to Optimum, Koornfontein employees

7th January 2019 The National Union of Mineworkers (NUM) on Monday expressed its dissatisfaction over the nonpayment of employees’ salaries at the Optimum and Koornfontein coal mines for the past two months. NUM members and other workers will be entering their third month without being paid salaries, NUM Highveld... 

Rambler voluntarily delisting from TSX-V

7th January 2019 Rambler Metals and Mining has applied for a voluntary delisting of the company’s ordinary shares from the TSX-V. Its shares, which are currently listed for trading on the TSX-V and Aim, will continue to trade on Aim where the vast majority of trading activity takes place, the company said on Monday. 

Mosaic secures last remaining permit for Ona phosphate mine

7th January 2019 NYSE-listed Mosaic Company has acquired the US Army Corps of Engineers 404 permit for its Ona phosphate mine project, in Hardee County, in Florida. The 404 permit was the final remaining permit for the project and secured 160.2-million tonnes of phosphate rock for future mining, the phosphate and... 

Orion’s flagship Prieska project to be a beacon of hope for junior miners

14th December 2018 Junior mining in South Africa will finally see a new level of growth as a result of South Africa’s newly gazetted Mining Charter 3, base metals miner Orion Minerals CEO Errol Smart told Mining Weekly Online on Friday. Junior mining, which he says has been the “bottom-feeding sector” in the mining... 

Airborne survey over Prieska project initiated

14th December 2018 Dual-listed Orion Minerals on Monday announced that a major SkyTEM airborne electromagnetic survey has started over its flagship Prieska zinc/copper project, in South Africa, as it continues to accelerate its near-mine exploration programme. The intensification of near-mine exploration activities... 

Gamsberg to trigger new wave of industrial development in N Cape

14th December 2018 In the lead-up to achieving its production target of 600 000 t/y, diversified miner Vedanta's Northern Cape-based Gamsberg zinc mine is ready to launch Phase 1. After having been in development for three years by Vedanta's Zinc International division, the $400-million Gamsberg development forms... 

EVs to be main driver of battery storage deployment over next decade, says Fitch Solutions

14th December 2018 The electric vehicle (EV) market is set to become the main driver of surging battery storage deployment over the next decade, following increasing ambitions by developed and emerging markets to decarbonise their transport sectors, and will have a substantial disruptive effect on how energy is... 

PTM completes share consolidation

13th December 2018 Dual-listed Platinum Group Metals (PTM) on Thursday said it had completed the consolidation of its common shares. The consolidation was done on the basis of one new share for ten old shares, effective from 09:00 on December 13. 

Orion Minerals to restart Prieska production in 2021

13th December 2018 Polymetallic minerals exploration and development company Orion Minerals’ flagship Prieska zinc/copper mine, in the Northern Cape, is expected to start production by 2021. This is notwithstanding any potential challenges and delays, Orion COO Walter Shamu said during a media briefing on Thursday. 

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