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Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Researcher and Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Rising US coal exports fail to stem domestic decline

1st February 2019 Despite promises to revive the US coal mining industry, analysts are saying that the country’s policy actions are not enough to reverse the trend of declining coal demand from the power generation industry. In 2018, US coal production fell to 755-million short tons – a 20-million short ton... 

Dam collapse will have profound impact on Vale – Moody’s

1st February 2019 The deadly dam disaster involving Vale will have a profound impact on the world’s largest iron-ore producer, not only in terms of serious reputational risk, but it could strain the company’s liquidity and its ability to meet financial requirements, Moody’s Investor Service said this week. The... 

Teck says Q4 earnings ‘significantly’ short of consensus

1st February 2019 Canada’s largest diversified miner has warned of an after-tax loss of C$86-million, or C$0.15 a share, for the fourth quarter, which is “significantly” below current consensus estimates. The loss warning follows the disappointing fourth-quarter financial results of Teck’s energy business unit and... 

Eldorado opts for heap leaching at Kisladag, shelves milling project

31st January 2019 Canada-based Eldorado Gold will resume mining and heap leaching at the Kisladag mine, in Turkey, putting on hold a previously announced mill project. The decision to resume mining and heap leaching follows improved heap leach recoveries and a revised heap leaching plan that was developed early... 

Alrosa unearths 191ct diamond at Udachny

29th January 2019 Russian diamond miner Alrosa has discovered its largest rough diamond in about two-and-a-half years, with the Udachnaya kimberlite pipe earlier this month delivering a 191.46 ct stone. The 40 mm by 31 mm by 20 mm diamond was extracted at the processing plant No 12 of Udachny mining and processing... 

Calibre consolidates Siuna ownership

25th January 2019 TSX-V-listed Calibre Mining has agreed to buy project partner Centerra Gold’s 51% interest in the Siuna gold/silver/copper property in north-eastern Nicaragua, giving it full ownership of the Cerro Aeropuerto gold/silver deposit, the past producing La Luz mine and numerous exploration targets.... 

Barrick/Randgold merger a ‘white swan’ event for Donlin – Novagold

24th January 2019 The recent merger between Barrick and Randgold will not have a significant impact on the Donlin Gold project that Novagold is developing in a partnership with the gold major in Alaska, leaving the junior essentially in a “win-win position”, president and CEO Greg Lang said on Wednesday. The... 

RNC hits 7 621 g/t gold at Australia’s Beta Hunt

23rd January 2019 The Beta Hunt mine in Australia is continuing to yield extraordinary gold exploration results, with Canada-based RNC announcing on Tuesday that it had intersected 7 621 g/t of coarse gold. The high-grade discovery was in one of the first sets of holes that the company drilled at the Western... 

Detour’s 2019 production guidance builds on 2018’s momentum

23rd January 2019 Canadian intermediate gold miner Detour Gold expects to produce between 570 000 oz and 605 000 oz of gold in 2019, the company announced on Tuesday, stating that the guidance was in line with the Detour Lake operation’s life of mine (LoM) plan released in June last year. Newly appointed interim... 

Drills turning at Yorbeau/Iamgold project

22nd January 2019 Diamond drilling has started at the Rouyn property, which mid-tier miner Iamgold is funding through an option agreement with explorer Yorbeau Resources. The companies in December signed a definitive agreement, whereby Iamgold has the option to acquire a 100% interest in Yorbeau's Rouyn property... 

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