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Creamer Media Reporter

McEwen raises cash for next year’s exploration programme

6th December 2018 Precious metals miner McEwen Mining has announced a bought deal private placement offering to raise $15-million to fund its 2019 exploration programme in the Timmins region of Canada. The company is issuing 2% of its currently outstanding shares at $2.26 a share (C$3.02), representing a premium... 

Teck announces senior appointments

6th December 2018 Canadian major Teck Resources has announced the appointment of seven people to vice president positions. Greg Brouwer is VP of technology and innovation, Amparo Cornejo is VP for Chile sustainability and corporate affairs, Chris Dechert is VP for South America, Sepanta Dorri is VP for corporate... 

Mining Indaba Leaders of Tomorrow competition to celebrate young leaders and innovators in the mining industry

6th December 2018 Part of the event’s successful Young Leaders programme produced in partnership with Brunswick Group, the competition is a new feature for 2019 and builds upon Investing in African Mining Indaba’s drive to support young talent in the mining industry and help close the skills gap. The competition... 

Mining Indaba searches for the most promising junior miners in Sub-Saharan Africa

6th December 2018 Investing in African Mining Indaba is to host its third Investment Battlefield competition set to take place during the 25th edition of the event on 4-6 February 2019. The event organisers are looking for Sub-Saharan Africa’s most promising mining companies with a market capital of $50 million or... 

Dickinson Group of Companies 2018 Expansion

5th December 2018  “Dickinson Group of companies’ strategy is to intentionally review alternative industries and complementary product and service offerings. By adopting this approach, the company continually introduces new and innovative technologies and solutions, which has enabled the company to survive and... 

Monchetundra now fully authorised

5th December 2018 The office of Russian Prime Minister Dmitry Medvedev has official approved the mine permit for the Monchetundra platinum group metals (PGM) and base metals mine, Aim-listed Eurasia Mining reported on Wednesday. The permit was awarded in November, but required approval from Medvedev’s office. 

Southwestern Energy completes $1.87bn Fayetteville shale sale

4th December 2018 NYSE-listed natural gas firm Southwestern Energy has completed the sale of its Fayetteville shale assets to Flywheel Energy, a private company backed by Kayne Private Energy Income Funds, for $1.865-billion in cash. The company will focus its efforts on its natural gas assets in Appalachia,... 

World Bank president visits occupational lung disease outreach

4th December 2018 World Bank president Dr Jim Yong Kim, who is currently on an official visit to South Africa, was this week hosted on a visit to an occupational lung disease outreach being carried out by various South African organisations. Kim was accompanied by Health Minister Dr Aaron Motsoaledi; Compensation... 

Ore reserves at Montepuez rise to 42.2Mt

4th December 2018 The ore reserves at ASX-listed Battery Minerals' Montepuez graphite project, in Mozambique, have increased to 42.2-million tonnes at 9.3% total graphitic carbon (TGC) for 3.9-million tonnes of graphite. This compares with the ore reserve estimate of 41.1-million tonnes at 8.8% TGC for 3.6-million... 

URU's Zebediela licence renewed

4th December 2018 The Department of Mineral Resources has renewed Aim-listed URU Metals' prospecting right over the Zebediela nickel project, in Limpopo. The right will expire on December 2, 2021. 

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