R/€ = 15.80 Change: 0.09
R/$ = 13.93 Change: 0.07
Au 1333.89 $/oz Change: -7.89
Pt 820.28 $/oz Change: -0.97

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


Transnet misses H1 export coal target

19th December 2018 Freight logistics group Transnet has missed its half-year coal export target by 2.3-million tons, the State-owned company reported on Wednesday, citing locomotive failures, community unrest, as well as customer and export terminal constraints. The export coal line, which connects mines in... 

Orion presents case for first 10 years of Prieska mine

19th December 2018 With a resource upgrade in hand, base metals mine developer Orion Minerals on Wednesday presented the outcomes of a scoping study for its Prieska zinc/copper project in South Africa’s Northern Cape. The study investigated the economic viability of an initial ten-year phase of underground mining... 

Botswana’s Mowana copper mine applies for provisional liquidation

19th December 2018 Base and precious metals company Cradle Arc has applied for the provisional liquidation of its 60%-owned Leboam Holding subsidiary, which owns the now suspended Mowana copper mine, in Botswana, while talks on alternative funding arrangements continue. The mine is facing significant working... 

Rusoro searching for banking solution for Venezuela payments

19th December 2018 TSX-V-listed gold junior Rusoro confirmed on Tuesday that a portion of the initial $100-million payment from Venezuela in terms of the October settlement agreement had been sent, but said that its Canadian bank refused to advance the funds. The bank is reportedly concerned about US sanctions and... 

Kidman in talks to sell lithium to LG Chem

19th December 2018 Lithium developer Kidman Mining has potentially found another buyer for lithium hydroxide production from the Mt Holland lithium project, in Western Australia. The ASX-listed company revealed on Wednesday that it had signed a memorandum of understanding (MoU) with LG Chem in terms of which it... 

Pretivm refinances construction credit facility, repurchases stream

18th December 2018 TSX- and NYSE-listed Pretium Resources (Pretivm) said on Tuesday that it had accomplished all its objectives for the year, following the successfully refinancing of its construction credit facility and the repurchase of the precious metals stream that was sold as part of the construction... 

C$10.3m approved to advance of Wheeler River uranium project

18th December 2018 Spurred on by the positive results of its prefeasibility study (PFS) for the Wheeler River project, Canadian uranium company Denison Mines on Tuesday announced that C$10.3-million would be spent on advancing the Athabasca basin project in 2019. The budget, approved by the Wheeler River joint... 

Gold Fields and NUM sign formal agreement ending South Deep strike

18th December 2018 The 45-day strike at Gold Fields’ South Deep mine has officially ended following signing of a formal settlement agreement between the JSE- and NYSE-listed company and the National Union of Mineworkers (NUM). Employees have been returning to work since last Thursday, when the union called off the... 

De Beers’ final sales cycle for 2018 ends on a high

18th December 2018 Diamond miner De Beers sold $540-million worth of diamonds in the tenth sales cycle of this year, bringing its total sales for the year to about $5.39-billion. The most recent sight yielded the strongest results for a final sales event in at least three years and compares with $455-million worth... 

Orion shares jump on Prieska resource upgrade

18th December 2018 Orion Minerals on Tuesday announced an updated mineral resource for its Prieska project’s total deep sulphide resource, sending the company’s stock on the JSE up nearly 22%. The junior, which is also listed on the ASX, reported a mineral resource of 28.73-million tonnes, grading 3.77% zinc and... 


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