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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

Altus to acquire Legend Gold

21st November 2017 Aim-listed Altus Strategies has executed a definitive binding agreement to acquire TSX-V-listed Legend Gold, which holds a portfolio of prospective gold exploration projects in western and southern Mali. It has offered Legend shareholders three of its shares for every Legend share held. 

Samco Gold to sell all shares in Argentina subsidiary

21st November 2017 TSX-V-listed Samco Gold sold its shares in its wholly owned Argentine subsidiary 5R to certain shareholders of the company in exchange for the return for cancellation of 18.450-million common shares in Samco’s capital . 5R is the registered titleholder of the El Dorado Monserrat properties in... 

Union urges Canadian government to stand up for Mexican mineworkers’ rights

21st November 2017 The murders of two striking mineworkers at a Canadian-owned mine in Mexico last week underscores the widespread repression of basic labour rights in Mexico – even when the employer is Canadian, according to the trade union United Steelworkers (USW). The USW was referring to an armed group who, on... 

New Gold sells Peak mines for $58m

21st November 2017 TSX-and NYSE-listed intermediate gold miner New Gold has entered into a binding agreement with ASX-listed Aurelia Metals to sell its Peak mines in Cobar, New South Wales, Australia for a cash consideration of $58-million. Aurelia intends to fund the transaction through a combination of an... 

Cobalt One shareholders approve merger with First Cobalt

21st November 2017 Junior cobalt miner Cobalt One’s shareholders have approved a merger with Toronto-based First Cobalt, which means that the companies are one step closer to creating the largest pure-play cobalt company in the world. Cobalt One announced on Monday that 99.995% of the shareholders’ votes were in... 

Shanta reaches cost-reduction goal

20th November 2017 In keeping with its previously announced strategy of optimising the financial performance of its operations, Aim-listed Shanta Gold has reduced annualised costs by $5.1-million, the company said in a statement on Monday. The company noted that the full benefit of this reduction would be achieved... 

Corsa sees sales volume growth for sixth consecutive quarter

17th November 2017 Even though the global supply chain for metallurgical coal remains challenged and prone to disruption, strong steel pricing and production levels have helped to sustain a high level of demand for raw materials, which include metallurgical coal, according to Corsa Coal CEO George Dethlefsen. In a... 

Botswana Diamonds positive about potential at South African project

17th November 2017 A detailed ground geophysical survey undertaken on eight Group 1 kimberlites at Aim-listed Botswana Diamonds’ Free State exploration project, which is located between Bloemfontein and Kimberley, in South Africa, has indicated that the sizes of these kimberlites range from 0.3 ha to 1.15 ha. The... 

Pallinghurst director takes up position as Jupiter Mines CEO

16th November 2017 Priyank Thapliyal has been appointed CEO of Jupiter Mines, in which Pallinghurst Resources holds an 18.4% interest. Thapliyal has, therefore, resigned as executive director of Pallinghurst, with his responsibilities to be absorbed by the other executive directors on the board. 

Kibo upgrades MCPP MoU

16th November 2017 Aim-listed minerals and exploration development company Kibo Energy has upgraded its existing Memorandum of Understanding (MoU) with the Tanzania Ministry of Energy and the Tanzania Electric Supply Company (Tanesco), regarding a power purchase agreement (PPA) for the development and... 

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