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Megan van Wyngaardt

Megan van Wyngaardt

Megan van Wyngaardt is Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

GoldStone investigates potential to restart Ghana underground mine

19th January 2018 Africa-focused miner GoldStone Resources has initiated a project to potentially revitalise the old Akrokeri underground mine, in Ghana. The mine is situated within the Akrokeri prospecting licence, about 1.5 km south of the proposed AK01 South pits. 

Mkango shareholders approve Talaxis investment transaction

19th January 2018 Shareholders of Aim- and TSX-V-listed Mkango Resources have approved an investment transaction with Noble Group subsidiary Talaxis. In November, the company secured a direct investment from Talaxis, to be paid in three tranches, in exchange for a 49% interest in Mkango subsidiary Lancaster... 

Asanko achieves solid quarter at Ghana mine

19th January 2018 A solid quarterly performance was recorded at NYSE-listed Asanko Gold’s eponymous mine in Ghana, which produced 51 550 oz in the fourth quarter of 2017. Asanko CEO Peter Breese on Thursday noted that this helped the company achieve its revised 2017 guidance, with full-year production of 205 047 oz. 

Po Valley makes significant commercial gas discovery in Italy

19th January 2018 Shares in Australia’s Po Valley Energy (PVE) surged on Friday, reaching an intraday high of 10c each, up from the previous day’s closing price of 4c each, following the news of significant commercial discovery at its new Selva gas field in northern Italy. By 16:00 in Sydney, the stock traded at... 

African Energy to delist from Botswana exchange

19th January 2018 ASX-lsited African Energy Resources (AER) on Friday said it would delist from the Botswana Stock Exchange (BSE), as it currently encompassed only 22 shareholders with less than 0.3% of its shares on issue. Listed since October 2011, AER’s directors believed that the administrative costs and... 

Confidence returning to Western Australia’s exploration industry

19th January 2018 The Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) reports that the number of Programme of Works (PoW) received in 2017 has increased by 40% from 2016. This totaled 2 575 PoW applications compared with 1 799 the previous year.  During the year, the department... 

Offtake agreements now cover 60% of Montepuez production – Battery Minerals

19th January 2018 ASX-listed Battery Minerals has signed a binding offtake agreement with Qingdao Black Dragon Graphite for 10 000 t/y of graphite concentrate from its Montepuez project, in Mozambique, for an initial term of three years. This marks the third offtake agreement for the project. 

Ivanhoe’s DRC copper mines connected to national grid

19th January 2018 TSX-listed miner Ivanhoe Mines on Monday said its Kakula mine development site, 10 km south of Kamoa’s initial Kansoko mine site, in the Democratic Republic of Congo (DRC), started receiving power from the national grid in December. Kakula’s development is being fast-tracked, with a... 

Mining equipment maker in bid to raise $20m as it seeks to increase production capacity

19th January 2018 Mining equipment and machinery supplier CMTI Group, which started operations at its Gauteng-based factory last year, aims to raise $20-million before the close of the first quarter of this year to increase its production capacity. Initial indications and expressions of interest from potential... 

Kefi approves final model for Tulu Kapi project

18th January 2018 The final project models for Kefi Minerals’ Tulu Kapi project have now been agreed to by the government of Ethiopia, contractors Lycopodium and Ausdrill/African Mining Services and preferred project financiers. "The models were uploaded into the formal financing data rooms. They show some... 

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