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Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Lucapa prioritises high-value diamond production, resources

20th February 2019 Following a board review of the company’s diamond assets, Lucapa Diamond Company will prioritise production and cash generation from its two high-value diamond mines, the Lulo alluvial mine, in Angola, and the Mothae kimberlite mine, in Lesotho, to ensure shareholder value is maximised. This... 

AMCU calls on all members to strike in support of Sibanye gold employees

19th February 2019 The Association of Mineworkers and Construction Union (AMCU) has called on its members at Sibanye-Stillwater’s platinum operations to again embark on a strike in support of those AMCU members who have been on strike at the miner’s gold operations since November 2018. It has further encouraged its... 

Intensification drilling under way at Botswana Diamonds’ Thorny River

18th February 2019 Aim- and BSE-listed exploration company Botswana Diamonds has started with the planned intensification drilling on its Thorny River prospect in South Africa, with the first four holes having intersected diamonds at predicted thicknesses and depths.  The programme, which comprises the drilling of... 

Constitutional Court upholds Aquila’s Gravenhage manganese mining right

18th February 2019 The Constitutional Court has upheld a High Court judgment granting China-based Baowu Group subsidiary, Aquila Steel, a mining right over its Gravenhage manganese deposit, located in South Africa’s Northern Cape province. Aquila’s planned development of Gravenhage has been delayed for several... 

Petra appoints new CEO, narrows H1 net loss

18th February 2019 LSE-listed Petra Diamonds, which on Monday announced the appointment of Richard Duffy as CEO, narrowed its adjusted net loss after tax to $4.5-million for the six months ended December 31, 2018, from the net loss of $7.2-million recorded for the six months to December 31, 2017. Nevertheless,... 

Mexico approves Pan American Silver’s Tahoe acquisition

18th February 2019 The Mexican Federal Economic Competition Commission on Friday approved the proposed transaction whereby Pan American Silver will acquire all of the issued and outstanding shares of dual-listed Tahoe Resources. In a statement, Tahoe confirmed that all required regulatory, shareholder and court... 

Lithium hopeful Far secures C$12m facility from Alumina Partners

18th February 2019 Canadian lithium hopeful Far Resources has secured up to C$12-million from New York-based private equity firm Alumina Partners to advance its exploration activities.     The company is focused on defining a lithium resource at its Zoro project, which is located in the Snow Lake region of... 

Lower South Deep output dents Gold Fields’ FY18 profit

15th February 2019 Dual-listed Gold Fields achieved normalised profit from continuing operations of $27-million for the year ended December 31, 2018, compared with the $154-million posted for 2017.   The company’s profit was dented by a decline in output, led by its South Deep mine in South Africa. 

Lemur completes review of power BFS for Imaloto project

13th February 2019 Bushveld Minerals subsidiary Lemur has completed the review of the bankable feasibility study (BFS) for the power aspect of its Imaloto integrated thermal coal mining and independent power producer (IPP) project, in Madagascar. It has also issued a request for proposals for legal advisory... 

NAP defines new exploration targets at Lac des Iles

12th February 2019 Recent exploration at North American Palladium’s Lac des Iles Mine (LDI) property, located 90 km north of Thunder Bay, Ontario, has defined seven underground targets in the southern part of the deposit and several discrete near-surface exploration targets, all of which are expected to be drilled... 

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