R/€ = 16.44 Change: 0.03
R/$ = 14.48 Change: 0.02
Au 1304.49 $/oz Change: -0.20
Pt 856.95 $/oz Change: 20.67

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


Canadian miner blasts Armenia as third audit of Amulsar project gets under way

19th March 2019 The Armenian government has started its third assessment of the Amulsar gold project’s environmental impact on water resources, geology, biodiversity and water quality, Canada-based Lydian International reported on Tuesday, questioning the need for another review of the gold-mining project. The... 

Canada’s once dominant mining industry is falling behind, report warns

15th March 2019 Once the dominant global mining nation in mineral production, mining finance, mining services and supplies, Canada is falling behind other countries as its competitiveness continues to erode, the Mining Association of Canada (MAC) has warned. In its latest edition of its yearly ‘Facts and... 

Bacanora shares skyrocket on report of Southern Copper investment

14th March 2019 Lithium developer Bacanora’s share price gained 45% on Thursday, on reports that Mexican miner Southern Copper is interested in investing in the company. In response to its share price movement, London-listed Bacanora said that it remained focused on securing the full funding of $460-million for... 

Hudbay looking for new Rosemont development partner as it buys out UCM

13th March 2019 Base metals miner Hudbay will buy out the minority partner in its Rosemont copper project for $75-million, in a move which CEO Alan Hair said on Wednesday would simplify the ownership structure and provide greater flexibility for the introduction of a new committed joint venture (JV) partner for... 

Northern Dynasty raises $10m, still looking for Pebble partner

13th March 2019 Vancouver-based Northern Dynasty has raised $10-million to further advance the Pebble project, in the US state of Alaska, the company announced on Tuesday. Northern Dynasty has entered into an agreement with lead underwriter and bookrunner Cantor Fitzgerald Canada, on behalf of a syndicate of... 

Greatland shares jump on $65m Newcrest farm-in agreement

12th March 2019 Shares in London-listed Greatland Gold jumped 35% on Tuesday morning, after the company announced that it had signed a farm-in agreement with gold major Newcrest to develop the Havieron gold/copper project in the Paterson region of Western Australia. Newcrest has the right to acquire up to a... 

Cornerstone cries foul over timing of SolGold’s hostile offer

8th March 2019 TSX-V-listed Cornerstone Capital Resources has rejected dual-listed SolGold’s unsolicited proposal to acquire the company, arguing that it undervalues its business and also called into question the timing of the proposed bid in the lead up to the release of the preliminary economic assessment... 

Yamana puts Agua Rica into its Argentina JV with Goldcorp and Glencore

8th March 2019 TSX- and NYSE-listed Yamana Gold has announced that the Agua Rica project, in Argentina, will be developed and operated using the existing infrastructure and facilities of a joint venture (JV) that it has with Glencore and Goldcorp in that country. The integration of the Agua Rica copper project... 

Crusader details future plans as it withdraws from the UK, returns to ASX

7th March 2019 Following the return of former chairperson Stephen Copulos and the resignation of UK-based chairperson Andrew Vickerman and MD Marcus Engelbrecht, Crusader Resources on Thursday detailed its future strategy, which includes a withdrawal from the Aim and a planned return to trading on the ASX. The... 

McEwen suspends planned distribution

7th March 2019 Operating issues at the Black Fox mine and with the start-up of the Gold Bar mine have resulted in McEwen Mining suspending its planned distribution on March 15. The NYSE- and TSX-listed McEwen announced on Thursday that it would not be paying the distribution of 0.5c a share, citing the issues... 

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