R/€ = 14.28 Change: 0.06
R/$ = 11.60 Change: 0.08
Au 1330.60 $/oz Change: 8.64
Pt 996.00 $/oz Change: 8.19

Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Researcher and Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744


NSW grants mining lease for Clean TeQ Sunrise project

23rd February 2018 The New South Wales Planning and Environment department has formally issued the mining leases for the Clean TeQ Sunrise project area and proposed limestone quarry, marking a key milestone in the development of one of the largest cobalt and nickel deposits outside Africa. Clean TeQ, which is... 

KAZ eyes up to 16% production growth in 2018

22nd February 2018 London-, Kazakhstan- and Hong Kong-listed KAZ Minerals is expecting copper production growth of up to 16% in 2018, as the new Aktogay mine, in Kazakhstan, ramped up production. The company, which on Thursday reported a big jump in full-year profit, has set a production guidance of 270 000 t to... 

Carbine shares plunge on Mt Morgan warning

22nd February 2018 Australian junior Carbine Resources said on Thursday that it would hold discussions with key stakeholders in a final attempt to improve agreement terms and operating conditions for the Mount Morgan gold project, after an economic review determined that the Queensland-based project would not... 

Beacon buys surplus process plant equipment from Kin Mining

22nd February 2018 Gold development company Beacon Minerals on Thursday announced that it would buy several items of the mothballed Lawlers processing plant from Kin Mining to use in its Jaurdi gold project, north-west of Coolgardie, Western Australia. Beacon has executed a purchase agreement to acquire the... 

China’s iron-ore discounts hit Fortescue revenue, profit falls sharply

21st February 2018 Chinese steelmakers’ demand for better-quality ore has had a significant impact on Australian miner Fortescue Metals’ half-year financial performance, with revenue contracting by 18% and net profit falling sharply, sending shares down about 4% on Wednesday. Australia’s third major iron-ore... 

BHP to open data rooms for US shale fields, deals may be announced before year-end

20th February 2018 Mining giant BHP will open the data rooms for its onshore US assets next month, the group said on Tuesday, as it confirmed that deals may be announced before the end of this year. Under pressure from activist investors, including Elliott Management, to get out of the shale business that it... 

BHP rewards shareholders, profit jumps 25% on commodity prices

20th February 2018 Higher commodity prices have helped the world’s largest diversified mining group to report a 25% increase in its underlying attributable profit and to reward shareholders with higher interim dividends. Melbourne-headquartered BHP grew its underlying attributable profit from $3.24-billion in the... 

Polymetal ups its stake in undeveloped silver property

19th February 2018 LSE-listed Polymetal has entered into an agreement to increase its interest in an undeveloped silver deposit in Sakha, Far Eastern Russia, which the company believes has the potential to be one of the world’s top three primary silver mines in future. Polymetal has entered into a legally binding... 

Rio Tinto considering power options for Oyu Tolgoi

16th February 2018 Global miner Rio Tinto is considering its options for domestic power generation for the Oyu Tolgoi mine, including building an on-site power station, the company said on Friday, as it confirmed that the government of Mongolia had terminated a framework agreement for an energy plan for the South... 

Pembridge buys producing copper mine from Capstone

15th February 2018 LSE-listed Pembridge Resources is set to be transformed into a cash flow generating copper producer with the acquisition of the Minto openpit copper/gold/silver mine in Yukon, Canada. Pembridge, which August last year moved from the Aim to LSE main board, on Thursday announced that it had signed... 

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