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Creamer Media Reporter

Acacia repositions Buzwagi mine to produce only gold doré

22nd September 2017 LSE-listed Acacia Mining will reposition its Buzwagi mine, in Tanzania, to produce only gold doré until the end of its life in 2020. This follows positive results from a processing trial that indicated that the mine should be able to achieve gold recoveries of about 85% through the additional use... 

Outa moves to freeze Gupta mines’ rehabilitation trust fund accounts

21st September 2017 The Organisation Undoing Tax Abuse (Outa) plans to bring about an urgent interdict against the Bank of Baroda to freeze the R1.75-billion held in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts. The group on Thursday said in a statement that the interdict... 

Market Report: How carbon is shaping energy for mines

20th September 2017 By Catherine Skrzypinski, Energy and Mines Alongside power security and cutting energy costs, reducing the emissions intensity of mining operations has been elevated to a top strategic concern for the global mining sector. The combination of carbon pricing in key mining markets and increased... 

Connemara plans further drilling in Donegal

20th September 2017 Explorer Connemara Mining will initiate further drilling at its Inishowen project as part of its gold exploration programme in Donegal, Ireland. The diamond drilling, which will start on September 25, is aimed at establishing if the gold-bearing veins discovered last year extend across the licence. 

Premier sells forestry interests to focus on lithium, tungsten assets

20th September 2017 Multicommodity mining and natural resources development company Premier African Minerals will sell its 52% interest in TCT Industrias Florestais (TCT IF), which principally owns a limestone deposit and forestry interests, in Mozambique, to Amire Glory. Aim-listed Premier will retain a 50%... 

W Resources planning new drilling campaign at Tarouca, Portugal

20th September 2017 Aim-listed W Resources has been granted a two-year licence extension for exploration at Tarouca, near its Régua project, in Portugal, paving the way for a new drilling campaign. Tarouca is about 20 km from Régua and has the potential to enhance and expand the Régua development, W Resources... 

Development of Rainbow Rare Earths’ Burundi project advancing on schedule

19th September 2017 LSE-listed Rainbow Rare Earths has started mining ore from the Gasagwe pit at its Gakara rare earth project, in Burundi. CEO Martin Eales on Tuesday said the company was firmly on track to deliver its first shipment of concentrate from the mine in the fourth quarter of this year. 

BlueRock’s Kareevlei nearing 25 000 t/m production target

19th September 2017 Production at Aim-listed BlueRock Diamonds’ Kareevlei mine, in the Northern Cape, is now in excess of 20 000 t/m and is nearing the targeted 25 000 t/m. Reporting on its results for the six months to June 30, BlueRock on Tuesday noted that the average grade at the mine also continues to increase... 

Petra’s Finsch, Kimberley Ekapa Mining JV impacted by labour disruption

19th September 2017 Aim-listed Petra Diamonds’ Finsch and Kimberley Ekapa Mining joint venture operations are being affected by a labour disruption that started on Monday evening. Underground and surface mining operations are affected, but plant treatment is continuing at near normal capacity, treating surface... 

Goldplat sees growth opportunities at Ghana recovery business, Kenya mine

18th September 2017 Aim-listed Goldplat expects growth in its recovery business to come from its Gold Recovery Ghana (GRG) subsidiary in the 2018 financial year. Goldplat, which on Monday released its results for the financial year ended June 30, noted the difficulty in procuring sufficient appropriate quality... 

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