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Anine Kilian

Anine Kilian

Anine Kilian is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Mining Charter 3 to be gazetted within weeks – Zwane

26th May 2017 The third iteration of South Africa’s Mining Charter will be gazetted within weeks, Mineral Resources Minister Mosebenzi Zwane said on Tuesday. Addressing a media briefing ahead of the Department of Mineral Resources’ budget vote debate, Zwane said the charter, which was supposed to have been... 

Avocet completes first closing on Tri-K project

22nd May 2017 West Africa-focused Avocet Mining completed the first closing of its Guinea-based Tri-K project. The company received a Presidential decree this month, formalising a mining convention for the project, paving the way for a partial sale to Morocco-based Managem. 

Greenland province shows significant ilmenite promise – Bluejay

22nd May 2017 A study by the Geological Survey of Denmark and Greenland has determined that the Dundas province, in Greenland, where Aim- and FSE-listed Bluejay Mining’s Pitiffuk titanium project is located, represents a significant ilmenite province. The provincial level study estimates ten-billion tonnes of... 

Shanta receives power station equipment financing

22nd May 2017 Aim-listed Shanta Gold has received $10-million in financing from Exim Bank Tanzania following the commissioning of a 7.5 MW power station, at its New Luika gold mine, in Tanzania. The four-year term loan will amortise quarterly, bearing variable interest at 7.25% a year. 

Eurasia Mining secures $2m in funding

19th May 2017 Aim-listed Eurasia Mining has entered into new funding facilities for about $2-million with three parties, including its existing funding provider Sanderson Capital Partners. The funds will be used for working capital. 

CoM worried about Welkom mine deaths

19th May 2017 The Chamber of Mines (CoM) on Friday said it is deeply concerned that 31 people have died in what appears to have been an underground methane explosion at the closed Eland mine shaft, in the Free State. This follows an investigation into the death of 11 illegal miners, whose bodies were initially... 

Sibanye finalises terms of $1bn rights offering

18th May 2017 Sibanye Gold has finalised the terms of its $1-billion rights offering. The company will offer shareholders 1.2-billion new shares at R11.28 a share – a 60% discount on the closing price of shares on May 17. 

Shanta completes €2.1m equipment financing deal

18th May 2017 Aim-listed Shanta Gold has completed a €2.1-million finance agreement with Sandvik Mining and Construction for the purchase of underground mobile equipment for its Tanzania-based New Luika gold mine. The financing is repayable quarterly, in two tranches, over respective 36 month periods. 

Alphamin executes term sheets for $80m in funding for DRC tin project

18th May 2017 TSX-V-listed Alphamin has executed nonbinding term sheets for $80-million of project debt for its 10 000 t/y Bisie tin project, in the Democratic Republic of Congo (DRC). Construction on the project, which will reach full production in 2019, started in the first quarter of this year and the... 

Mining Charter 3 to be gazetted within weeks – Zwane

16th May 2017 The third iteration of South Africa’s Mining Charter will be gazetted within weeks, Mineral Resources Minister Mosebenzi Zwane said on Tuesday. Addressing a media briefing ahead of the Department of Mineral Resources’ budget vote debate, Zwane said the charter, which was supposed to have been... 

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