R/€ = 15.87 Change: -0.06
R/$ = 13.28 Change: -0.04
Au 1297.24 $/oz Change: 3.95
Pt 943.00 $/oz Change: 5.50

Schalk Burger

Schalk Burger

Schalk Burger is Creamer Media Senior Contributing Editor for Engineering News and Mining Weekly.

Tel: +2711 622 3744


Shift in mining finance sources for mid-caps, juniors expected – BMI

15th September 2017 Market research multinational BMI Research reported on Thursday that there would be a shift in the status quo of mining finance sources, as mineral prices stabilise and edge higher over the coming years. “Majors will continue to rely on equity and debt financing. Mid-cap and small-cap companies,... 

Bamin inks MoU to develop Brazil-based iron-ore project

4th September 2017 Diversified resources producer Eurasian Resources Group’s (ERG’s) wholly owned Brazilian subsidiary, Bahia Mineração (Bamin), has signed a memorandum of understanding (MoU) with the Brazil state of Bahia and a consortium of Chinese companies to develop a $2.4-billion integrated mining and... 

Mirasol and Cerro Vanguardia call time on JV

1st September 2017 The exit by Cerro Vanguardia (CVSA) from its joint venture (JV) with  CTSX-listed Mirasol Resources for the Claudia gold-silver project, in Argentina’s Santa Cruz province, is complete. Mirasol noted on Thursday that it had received the full exploration data set comprising the results of CVSA's... 

Centaurus completes Serra Misteriosa drilling, mobilises Salobo West exploration team

1st September 2017 ASX-listed Centaurus Metals has completed exploration drilling at its Serra Misteriosa gold project, in northern Brazil, and is mobilising exploration field teams to the Salobo West copper-gold project, in the Pará province, in northern Brazil. The company announced Thursday that the first phase... 

Newmont Tanami expansion reaches commercial production, adds growth platform

1st September 2017 NYSE-listed gold and copper producer Newmont’s Tanami expansion project, in northern Australia, has reached commercial production, adding profitable production and extending the life-of-mine, the company stated Thursday. The project, which was completed on time and within budget, will increase... 

Glencore sells zinc mines to Trevali for $400m

1st September 2017 Global diversified mining company Glencore has sold its 80% stake of the Rosh Pinah mine, and its 39% interest in the Gergarub project, both in Namibia, as well as its 90% stake of the Perkoa mine, in Burkina Faso, to zinc-focused base metals miner Trevali Mining Corporation for a total... 

CoM rubbishes Unctad commodity trade misinvoicing report

22nd August 2017 Commissioned research by advisory firm Eunomix Research has led the South African Chamber of Mines (CoM) to reject the third iteration of the United Nations Conference on Trade and Development (Unctad) report on trade misinvoicing, which it dismisses as poor analysis based on incorrect analytical... 

Advanced diagnostics, IIoT to unlock valuable mining data – Endress & Hauser

7th July 2017 Using the industrial Internet of Things (IIoT) and advanced diagnostics systems that draw new data from sensors in mines can provide deeper insight into operations and improve control, says industrial automation multinational Endress & Hauser Group mining industry manager Jenish Gheewala. Data is... 

Musina Intermodal Terminal to improve cross-border trade

26th June 2017 The Musina Intermodal Terminal (MIT), launched on Monday, is set to reduce the cost of cross-border trade, especially for bulk commodities, on the North-South trade corridor. The terminal, about 3 km outside Musina and about 13 km from the Beitbridge border post, will serve to move commodities,... 

Mines can use their vast amounts of data to lower costs – Rockwell Automation

2nd June 2017 The connected mine concept helps mines to lower costs by providing detailed, real-time control at all levels of operations, says industrial automation multinational Rockwell Automation sub-Saharan Africa MD Barry Elliot. The concept can be implemented in areas where mines have optimisation... 

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