R/€ = 16.25 Change: -0.06
R/$ = 15.06 Change: -0.07
Au 1606.71 $/oz Change: -1.07
Pt 995.09 $/oz Change: -14.82

Creamer Media Reporter

Newmont invests $150m in ‘world-first’ autonomous fleet at Boddington

20th February 2020 The board of NYSE- and TSX-listed Newmont has approved a $150-million autonomous haulage system (AHS) investment for the Boddington mine, which will turn the Australian mine into the world’s first openpit gold mine to operate a fleet of autonomous haul trucks. Announcing the investment on... 

Denison upbeat about Phoenix ISR initial core leach tests results

19th February 2020 Initial data from core leach tests at the Phoenix in-situ recovery (ISR) project has established uranium concentrations that are up to four times the amount assumed in the prefeasibility study (PFS), dual-listed Denison Mines reports. The test work returned concentrations of 13.5 g/l to 39.8... 

ERG mulls construction of battery metals plant

19th February 2020 Diversified natural resources group Eurasian Resources Group (ERG) is assessing options for the construction of a plant to produce nickel/cobalt/manganese (NCM) precursor materials for use in lithium-ion batteries in electric vehicles (EVs). The group is planning to develop the proposed plant in... 

Silvercorp resumes operations at China mines

19th February 2020 Dual-listed Silvercorp Metals has resumed mining operations at its Ying and CG mines, following an extended holiday period shutdown in line with the Chinese government’s efforts to contain the spread of the coronavirus. Silvercorp’s production was suspended on January 17 for the Chinese New Year... 

Canada Rare Earth studies location for South American refinery

19th February 2020 TSX-V-listed Canada Rare Earth has narrowed its search for a location to base its refinery to six regions in South America. The Vancouver-headquartered company, which sources and sells rare earths, says it has launched a study to consider refinery permitting, logistics and government support,... 

Centerra reports fatality at Kumtor

18th February 2020 The Kumtor mine, in Kyrgyzstan, has suffered a fatality, owner Centerra Gold reported on Tuesday. At the weekend, a Kumtor employee succumbed to a fatal injury while operating an excavator, which tipped and then slipped down into a water-filled basin near the edge of Petrov lake, which is... 

Marikana, US assets boost Sibanye's PGM resources, reserves

18th February 2020 JSE- and NYSE-listed Sibanye-Stillwater's platinum-group metal (PGM) mineral resources have increased by 90% to 389-million ounces, while its PGM mineral reserves have increased by about 20% to 55.10-million ounces. The precious metals miner on Tuesday attributed the increase in its PGM mineral... 

Varispeed: Meeting the Needs of the Mining Industry

18th February 2020 Both above and below ground, Varispeed keeps the interests of its customers top-of-mind, all the time. Varispeed was recently approached by a platinum mine in South Africa to assist with a robust application requirement. The challenge 

Bid Now on Aviation Engines, Components and Parts

18th February 2020 GoIndustry DoveBid SA is hosting an urgent auction featuring aviation engines, power auxiliary units and parts, closing this Thursday, 20 February 2020. This is on behalf of the state-owned South African airline, SA Express Airways SOC Ltd. This sale will be conducted via GoIndustry DoveBid’s... 

US mining fatalities fall to all-time low

18th February 2020 The mining industry in the US reported its fewest ever fatalities in 2019, recording deaths below 30 for only the fifth time in the Mine Safety and Health Administration’s (MSHA’s) 43-year history. Twenty-four people lost their lives in mine accidents last year. There were four deaths each in... 

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