R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61

Creamer Media Reporter

Iamgold in $170m prepayment deal

16th January 2019 Midtier mining company Iamgold has entered into a $170-million prepayment agreement for 150 000 oz of gold, the company announced on Tuesday. The floor price has been set at $1 300/oz and the cap price at $1 500/oz. 

TMAC completes permitting for Madrid and Boston

16th January 2019 Emerging miner TMAC Resources has received two water licences for the Madrid and Boston projects, thereby wrapping up permitting for the three new mines that the company is planning near its existing Doris mine, in Nunavut. The Madrid North, Madrid South and Boston mine will be linked by a 55 km... 

Mining Indaba celebrates 25th world leading conference with London Stock Exchange Market Opening Ceremony

15th January 2019 Mark Shashoua, CEO of ITE Group plc, owners of Mining Indaba, today ceremonially opened trading on the London Stock Exchange. The event, attended by partners including the World Gold Council, Memery Crystal, ICMM, The World Platinum Investment Council, Brunswick and Thor Exploration celebrated... 

IDM wins environmental approval for Red Mountain

15th January 2019 Canada’s Environment and Climate Change Minister Catherine McKenna has announced an environmental decision for the underground gold and silver mine that IDM Mining is proposing near Stewart, British Columbia. The Minister said that the proposed mine was not likely to cause significant adverse... 

Fischer steps down as GoldQuest CEO

15th January 2019 Exploration junior GoldQuest has appointed VP for corporate development, Dave Massola, as its CEO, succeeding Bill Fischer, who is continuing as nonexecutive chairperson of the board. The purpose of the management change, the TSX-V-listed junior explains, is to conserve capital, while licencing... 

Mining needs to embrace Industry 4.0

14th January 2019 Challenges faced by the mining industry today like increasing production costs, depressed commodity prices and the high cost of electricity, are forcing the mining sector to embrace the Fourth Industrial Revolution as it brings industrial transformation. Such developments will bring the training... 

Meeting the supply chain requirements of the Mining Charter

14th January 2019 Breakfast Breakfast discussion on how mining companies can meet the supply chain requirements of the Mining Charter 

Horizonte’s Brazil project fully permitted to start construction

14th January 2019 The Brazilian Pará state environmental agency, Semas, has awarded the Araguaia ferronickel project its final permit needed before construction could get under way, dual-listed Horizonte Minerals announced on Monday. The construction licence provides the permits required for the rotary kiln... 

Nordgold ups stake in JV partner Columbus

14th January 2019 Aim-listed gold miner Nordgold is set to increase its equity interest in gold exploration and development company Columbus Gold – its joint venture (JV) partner on the Montagne d’Or gold mine project, in French Guiana. According to a news release issued by TSX-listed Columbus, Nordgold will... 

Bisie development on track

10th January 2019 The processing plant front-end crushing circuit at Alphamin Resources' Bisie tin mine, in the Democratic Republic of the Congo, has been successfully commissioned, on schedule. This includes the primary crusher, two tertiary crushers and the screening buildings. Ore is now being fed through this... 


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