R/€ = 15.76 Change: 0.13
R/$ = 13.91 Change: 0.09
Au 1332.92 $/oz Change: -8.86
Pt 818.58 $/oz Change: -2.67

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


Yamana Gold production hits 1Moz

15th January 2019 Canadian miner Yamana Gold’s production has hit one-million ounces on a gold-equivalent (GE) basis, the company, which operates six mines, announced on Monday. In its preliminary fourth-quarter and 2018 operational results announcement, Yamana reported GE production 1.04-million ounces for the... 

Lucapa finalises IDC funding for Mothae

21st December 2018 Diamond miner Lucapa has locked in R100-million in development funding from South Africa’s Industrial Development Corporation (IDC) for the Mothae kimberlite mine, in Lesotho. The funding follows the execution of the loan and ancillary agreements and completion of all conditions precedent to the... 

Iamgold adding low-cost marginal ounces with quick return projects

21st December 2018 Canadian miner Iamgold will have two new plants, both low-capital, short payback period projects, fully operational next month, recovering at least an additional 7 000 oz/y from its operations in Suriname and Burkina Faso. At the Rosebel mine, in Suriname, the company has completed the... 

Highland closes Valunisty acquisition

21st December 2018 Aim-listed Highland Gold has received approval from Russia’s Federal Anti-Monopoly Service to complete the acquisition of the Valunisty mine, in Chukotka, where the company already operates the Kekura and Klen development projects. The company closed the $91-million acquisition of the producing... 

NSW approves modifications for Clean TeQ’s Sunrise

21st December 2018 The Independent Planning Commission of New South Wales, Australia, has given ASX- and TSX-listed Clean TeQ the green light to implement a number of improvements at the cobalt/nickel project, which will allow it to more effectively respond to the rapidly growing demand for the metals that it will... 

Mantashe publishes Mining Charter implementation guidelines

20th December 2018 Mineral Resources Minister Gwede Mantashe has published a 54-page document detailing the processes, procedures, forms and templates that the mining industry has to follow to comply with the requirements of Mining Charter III. The document, dated December 19 and published in the Government... 

Provisional judicial manager appointed for Botswana copper mine

20th December 2018 Base metals miner Cradle Arc will cooperate with the provisional judicial manager who was appointed for its 60%-owned subsidiary Leboam, in Botswana, to find solutions for the group’s financial difficulties, CEO Kevin van Wouw affirmed on Thursday. The Botswana High Court has issued a provincial... 

Study confirms potential for Tropicana underground mine

20th December 2018 Joint venture (JV) partners AngloGold Ashanti and Independence Group (IGO) have confirmed the technical and financial viability of an underground mine at their Tropicana operation, in Western Australia. A prefeasibility study into the development of a mine beneath the Boston Shaker pits... 

AMCU moves to overturn Sibanye’s Lonmin deal

20th December 2018 South African labour union the Association of Mineworkers and Construction Union (AMCU) has moved to block the acquisition of struggling platinum miner Lonmin by gold and platinum producer Sibanye-Stillwater by appealing the transaction’s regulatory approval. AMCU, which is the largest union at... 

Alderon to re-enter market for financing in 2019

20th December 2018 Project developer Alderon Iron Ore will formally kick off its financing efforts to raise capital to build the Kami project, which will produce a premium-quality iron-ore concentrate with 65.2% iron content. Located in the Labrador Trough near three producing iron-ore mines, Kami has a capital... 


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