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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Afrimat prospers in H1, despite tough economic environment

1st November 2018 Openpit mining company Afrimat on Thursday posted a 4.3% year-on-year improvement in operating profit to R202.7-million for the six months ended August 31, while revenue increased by 28.6% year-on-year to R1.5-billion. These positive results, CEO Andries van Heerden said at a media breakfast,... 

Randgold, Barrick increase dividends ahead of proposed merger

31st October 2018 In connection with the proposed recommended share-for-share merger of Barrick Gold and Randgold Resources, the companies have agreed on increases in the Randgold and the Barrick dividend, as well as an updated dividend policy for the new enlarged Barrick Group. Randgold shareholders will be... 

Amplats extends Zizwe Batlase contract at Amandelbult Complex

31st October 2018 Platinum miner Anglo American Platinum (Amplats) on Wednesday announced that the contract with joint venture (JV) company Zizwe Batlase for the provision of strip-mining services at the Amandelbult Complex has been extended. Zizwe Batlase is 51% owned by the local community of Baphalane through... 

Cradle Arc raises £396 000

31st October 2018 Aim-listed Cradle Arc has raised £396 000, before expenses, by way of a conditional placing of 44-million new ordinary shares of 0.01p each in the capital of the company at a price of 0.90p a placing share. The proceeds of the placing will be used alongside the funding from the $2-million loan... 

Gem to build $3m plant to test tech that identifies diamonds within kimberlite ore

31st October 2018 In line with its strategy of the early detection of large diamonds and reducing diamond damage, LSE-listed Gem Diamonds has approved the construction of a $3-million pilot plant, at Letšeng, in Lesotho, that will use innovative technology to identify diamonds within kimberlite ore and... 

Implats in talks with potential 1 Shaft buyers, as restructuring proceeds

31st October 2018 Platinum miner Impala Platinum (Implats) achieved the highest first-quarter mill tonnage at its Impala Rustenburg operations since the 2013 financial year, during the quarter ended September 30. Tonnes milled at Impala Rustenburg increased by 5.6% year-on-year to 3.15-million tonnes in the first... 

Endeavour announces maiden resource estimate for Côte d’Ivoire target

29th October 2018 TSX-listed Endeavour Mining on Monday announced a maiden resource estimate on the Lafigué target, located within the Fetekro greenfield exploration property, in Côte d’Ivoire, and the identification of 14 additional nearby targets. The maiden Lafigué resource estimate encompasses about two-thirds... 

MC Mining secures first Makhado coking coal offtake agreement

29th October 2018 Coal exploration, development and mining company MC Mining has signed the first coal offtake agreement for hard coking coal (HCC) to be produced at its Makhado hard coking and thermal coal project, in Limpopo. The agreement was entered into between MC Mining subsidiary Baobab Mining & Exploration... 

Heightened urgency to improve safety as mining fatalities remain high

26th October 2018 The increase in mining fatalities in South Africa’s mining sector over the past two years has increased the urgency of improving health and safety in the sector, Mineral Resources Minister Gwede Mantashe said on Thursday. Speaking at the opening of the Mine Health and Safety Summit, in Benoni, he... 

Preliminary geological assessment of Zim diamond concession unveiled

26th October 2018 Aim-listed Vast Resources, together with Botswana Diamonds (BOD), have received an independent competent person’s preliminary geological assessment relating to the Heritage concession within the Marange diamond fields of Zimbabwe, in which specific exploration recommendations were made. As... 

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