R/€ = 16.39 Change: -0.01
R/$ = 14.50 Change: -0.01
Au 1313.16 $/oz Change: 0.80
Pt 844.00 $/oz Change: -21.74

Creamer Media Reporter

Now BHP will earn into Luminex projects in Ecuador

22nd March 2019 Canadian junior Luminex Resources has brought in another major miner to earn into its projects in Ecuador, announcing a letter of intent to enter into a farm-in and joint venture (JV) agreement with BHP over the Tarqui 1 and 2 mining concessions. BHP will have the right to earn up to a 70%... 

Strike halts operations at Sierra Metals' Peru mine

22nd March 2019 TSX-listed miner Sierra Metals has suspended all mining and milling activity at its Yauricocha mine, in Peru, after unionised workers downed tools over contractor changes in a strike that is deemed illegal. The employees belong to the Union of the Mine and Metallurgical Workers of Minera Corona,... 

Barrick may close Montana’s Golden Sunlight mine

22nd March 2019 The Golden Sunlight mine that Barrick Gold has been operating in Montana since 1975 may be heading for closure. The NYSE- and TSX-listed miner has already ceased underground development and is limiting mining to existing areas only. A final new mill run to process gold ore is scheduled for May. 

Bacanora granted additional exploration licence for Zinnwald

20th March 2019 London-traded Bacanora Lithium has been granted an additional exploration licence in the Erzgebirge region of Saxony, which has the potential to significantly increase the life of mine at its Zinnwald project. Bacanora’s 50%-owned subsidiary, Deutsche Lithium, has been granted an additional 42... 

Canada’s Budget commitment to the North seen as positive for mining

20th March 2019 Canada’s North, where the future of the country’s mining industry lies, has received a boost in Tuesday’s federal government Budget, with a commitment of more than C$700-million over the next ten years in new and focused funding for Arctic communities. The Budget increased the allocation of the... 

Orosur chair dies after illness

19th March 2019 The chairperson of South American gold project developer Orosur Mining, John Walmsley, has died, following an illness, the TSX- and Aim-listed company reported this week Walmsley joined the board of directors as chairperson in 2013 and has served in that capacity since that time. 

Culverts an integral component for water, road and mining infrastructure projects

19th March 2019 The main function of culverts is to manage the flow of water from one side to the other of an ‘obstruction’. This can be a road, railroad, trail or other structure constructed in either the natural or designed flow path of the water. Factors to be considered before design and installation are the... 

Pre-Bagged products for the Mining sector

19th March 2019 Above or below ground mining activities require materials to be of an exacting standard and to meet high safety requirements. Technicrete has a unique range of pre-bagged concrete mixes as well as heavy-duty blocks which not only meet these safety concerns but offer effective and cost effective... 

Chaarat teams up with Turkey contractor

18th March 2019 Gold mining company Chaarat has formed a joint venture (JV) with Turkish mining and mine construction contractor Çiftay to collaborate on the Tulkubash and Kyzyltash projects in the Kyrgyzstan, the Aim-quoted firm announced on Monday. Çiftay, which has been Chaarat’s partner since 2017, and... 

Continental obtains $175m for Colombia gold mine

18th March 2019 TSX-listed project developer Continental Gold has obtained a $175-million funding package to complete the construction, commissioning and start-up of its Buriticá gold project, in Colombia. The package consists of $75-million of unsecured convertible debentures issued to certain investors,... 

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