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Simone Liedtke

Simone Liedtke

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Global gold-backed ETF holdings retreat in February – WGC

7th March 2019 After four consecutive months of inflows, holdings in global gold-backed exchange-traded funds (ETFs) and similar products fell by 33 t in February to 2 479 t, which is equivalent to about $1.3-billion in outflows. Global assets under management (AUM) fell by 2% to $105-billion over the course of... 

Baxter outlines steps needed to realise full potential of South African mining sector at PDAC

6th March 2019 Minerals Council South Africa CEO Roger Baxter on Wednesday outlined the important contribution made by the South African mining sector, the vast potential of the skills that still exists within the industry and the steps that are needed to enable the country’s mining sector to realise its full... 

Afrox FY18 HEPS fall amid adverse operating environment

6th March 2019 Adverse movements in JSE-listed African Oxygen’s (Afrox’s) operating environment resulted in the company’s headline earnings per share (HEPS) for the year ended December 31, 2018, decreasing by 23% year-on-year to 154.9c. Basic earnings per share (EPS) decreased by 29% to 144.8c, while diluted... 

Sanderson increases its shareholding in Kibo to 23.3%

5th March 2019 Africa-focused Kibo Energy on Tuesday signed a binding term sheet with Sanderson Capital Partners for the conversion of the latter’s 2.5% equity interest in Kibo’s 100%-owned Tanzanian subsidiary, Mbeya Development, to ordinary shares in Kibo. Kibo will issue just over 126.4-million new ordinary... 

Anglo American Sefa Mining Fund to become an Orion shareholder

4th March 2019 The Anglo American Sefa Mining Fund (AASMF) will become a shareholder of ASX- and JSE-listed Orion Minerals. This follows after the parties agreed to restructure Orion subsidiary Repli Trading, with Orion to issue shares to AASMF in consideration of preference shares held by the fund in Repli,... 

Kalium wraps up FEED works, sets sights on financing

4th March 2019 With the front-end engineering and design (FEED) works for its Western Australia-based Beyondie sulphate of potash (SoP) project now complete, ASX-listed Kalium Lakes is progressing towards completion of financing tasks with the aim of making a financial investment decision in the second quarter,... 

Blasting accident kills two at Leagold mine

4th March 2019 TSX-listed Leagold Mining reported two fatalities at its Fazenda mine, in Brazil, over the weekend. Five employees, two of whom suffered fatal injuries, were involved in an underground blasting accident that occurred on the evening of February 28. 

Alphamin’s Bisie tin mine commissioning on schedule for Q2

1st March 2019 The processing plant front-end crushing circuit commissioning has been completed at TSX-V-listed Alphamin Resources’ flagship Bisie tin project, in the Democratic Republic of the Congo, with full commissioning and ramp-up scheduled for the second quarter of 2019. The Bisie project is now running... 

Mine fatalities decrease by 10% in 2018

1st March 2019 Following the notable regression of mine health and safety in 2017, which resulted in the death of 90 mineworkers, the Department of Mineral Resources (DMR) chief inspector David Msiza on Friday said there were 10% fewer fatalities – 81 – in 2018. As health and safety is integral to the long-term... 

Gamsberg ‘a breath of fresh air’ in embattled South African mining industry – Ramaphosa

28th February 2019 President Cyril Ramaphosa on Thursday presided over the official inauguration of Vedanta Zinc International’s (VZI’s) Gamsberg mine, near Aggeneys, in the Northern Cape. The mine, which boasts one of the largest known and undeveloped zinc orebodies in the world, will contribute more than... 

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