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Henry Lazenby

Henry Lazenby

Henry Lazenby is Contributing Editor: Americas – Online for Mining Weekly.

Tel: +27 11 622 3744 / +1 647 352 1305

Email: newsdesk@engineeringnews.co.za / henry@miningweekly.com

 

Eastplats stock jumps 147% as Hebei plans to acquire assets are announced

TORONTO (miningweekly.com) – South Africa-focused Eastern Platinum’s (Eastplats’) TSX-listed stock on Friday jumped as much as 147% following a temporary trading halt to announce a $225-million asset buyout by Chinese firm Hebei Zhongbo Platinum. Vancouver-based Eastplats’ main asset was platinum... 

Canadian govt empowers Far North research and mining investment

The Canadian federal government this week announced measures to support geoscience research and mining investment in the country’s Far North. The Minister of Environment, the Canadian Northern Economic Development Agency (CanNor) and for the Arctic Council, Leona Aglukkaq, on Friday announced... 

B2Gold swings to headline loss on fewer ounces sold and lower prices

Canadian gold miner B2Gold has swung to an adjusted net loss for the September quarter as lower gold sales at lower prices hurt the bottom line. The Vancouver-based miner said in a statment that gold output for the period was 90 192 oz, about 14% below budget and 9% less than in the same quarter... 

Uranium One posts larger Q3 adjusted loss, regains Kazakhstan permits

Canadian uranium producer Uranium One on Friday reported a bigger adjusted net loss for the three months ended September 30, as production faltered in Kazakhstan owing to permitting issues. The Toronto-headquartered company, with a globally diversified portfolio of assets in Kazakhstan, the US,... 

Primero’s exploration campaign extends top-producing vein at San Dimas

An exploration programme at the San Dimas precious metals mine, in Durango state, Mexico, had extended the mine’s top-producing vein beyond a minor vault that was previously regarded as its limit, TSX- and NYSE-listed Primero Mining reported this week. The 2014 exploration programme was... 

TVI Pacific completes second nickel shipment from Philippine project

Calgary-based TVI Pacific, which owns a 60% interest in the Agata iron/nickel laterite project, in the Agusan del Norte province, Philippines through subsidiary TVI Resource Development (TVIRD), on Friday said it had completed a second shipment of direct shipping ore (DSO). The high-iron,... 

Graphite One finds visible graphite in 22-hole drill campaign

TSX-V-listed explorer Graphite One Resources this week reported that its most recent exploration campaign at its Graphite Creek project, in Alaska, had returned visible graphite in each of the 22 holes drilled. During its 2014 summer field programme, the company sank 20 diamond core drill holes... 

Brazil Minerals’ GIA graded polished diamonds make the grade

Brazil-based miner Brazil Minerals (BMIX), a US holding company with revenues from gold and diamonds, announced on Thursday that diamonds cut and polished at its own facility and graded at the Gemological Institute of America (GIA), had achieved an average value of $3 250/ct according to the... 

Barrick Gold appoints executive project director for binational Pascua-Lama

The world’s most prolific gold producer Barrick Gold on Thursday announced that it had appointed Sergio Fuentes  executive project director for the stalled Pascua-Lama copper/gold project straddling the Chile/Argentina border. Fuentes would focus on optimising detailed engineering, improving the... 

EY’s Canadian Mining Eye falls 15% during Q3, expects sluggish Q4

Professional services firm EY's quarterly ‘Canadian Mining Eye’ index fell 15% in the September quarter, paring a 9% gain during previous quarter. The firm said on Thursday that the fall in the index was in line with the S&P/TSX Composite index, which also plummeted 15% during the period, while... 

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