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Pt 931.50 $/oz Change: 3.75

Creamer Media Reporter

Randgold keen on DRC mining code review, partnerships to develop young industry

23rd June 2017 LSE-listed Randgold Resources on Friday said the mining industry would welcome a review of the Democratic Republic of the Congo's (DRC’s) existing mining code in a “young” industry still open to development. However, this review needs to be subject to an inclusive debate, with government and the... 

Anne Marie Toutant takes the reins as new MAC chair

22nd June 2017 The Mining Association of Canada (MAC) on Wednesday announced that Anne Marie Toutant has been elected chairperson for the next two-year term. Currently employed as the VP for Suncor Energy’s Fort Hills oil sands project, in Alberta, she succeeds outgoing chairperson and Cameco senior VP and COO... 

Ferrum Crescent appoints technical consultant to advance Spain project

21st June 2017 Lead/zinc explorer Ferrum Crescent has appointed Myles Campion as a technical consultant to assist in progressing its exploration portfolio in northern Spain. Campion, which has extensive experience in resource delineation, both as a geologist and a resources fund manager, will oversee all... 

Iamgold completes Côté stake sale

21st June 2017 Canadian gold miner Iamgold has completed the sale of a 30% interest in the Côté gold project, in Ontario, to a subsidiary of Sumitomo Metal Mining for $195-million. Iamgold, which still owns the remaining 70% interest in the project, has received $100-million in cash and the balance is payable... 

Jubilee’s Hernic now at full production

15th June 2017 Aim- and Alt-X-listed Jubilee’s Hernic platinum and chrome processing operations are now operating at full production rate, with a throughput capacity of 1 900 t/d of chrome and platinum-containing feed material equating to 55 000 t/m. Platinum group metals (PGMs) concentrate production continues... 

PTM kicks off Waterberg DFS

15th June 2017 Dual-listed Platinum Group Metals (PTM) has started the engineering work component of its planned definitive feasibility study (DFS) on the Waterberg project. The scope of work included infill drilling, resource modelling, mine plan optimisation and infrastructure engineering, with the... 

Wärtsilä to supply gold mine extension to Guinea

14th June 2017 Technology group Wärtsilä is set to supply a power plant extension to AngloGold Ashanti's multiple openpit oxide gold mine in Siguiri, Guinea. The turnkey project will see the connection of three 20-cylinder Wärtsilä 32TS engines running on heavy fuel oil to the existing power plant at site. 

Botswana Diamonds recovers 223 microdiamonds at Frischgewaagt

13th June 2017 Aim- and BSE-listed Botswana Diamonds has recovered 223 microdiamonds from 160 kg of kimberlite drill core from the Frischgewaagt project, in South Africa. The diamond grade is estimated to be in a range of 20 carats per hundred tons (cpht) to 270 cpht at a bottom cut-off of 0.6 mm, with the... 

Tethyan signs agreement to get drilling rigs to Suva Ruda project

13th June 2017 Aim-quoted exploration company Tethyan Resources has signed an access agreement with the municipality of Raska for the use of public roads to move its drilling rigs and equipment to the Suva Ruda project, in southern Serbia. The agreement allows Tethyan and its contractors with access permission... 

Revamped Polity website gives prominence to exclusive content

13th June 2017 One of South Africa’s pioneering websites, Creamer Media’s, is being re-launched in June 2017 to give its readers easier access to more exclusive content and to strengthen the site’s research and referencing capabilities. Kenneth Creamer, CEO of Creamer Media, says that in addition... 

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