R/€ = 16.00 Change: 0.09
R/$ = 14.02 Change: 0.18
Au 1221.33 $/oz Change: 5.84
Pt 846.50 $/oz Change: 4.71

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


Teck to announce Chile project partner in December

16th November 2018 Canadian miner Teck Resources is making good progress with the process of bringing a partner into its northern Chile copper development project and plans to announce a transaction next month, CEO Don Lindsay said on Thursday. The company sees the Quebrada Blanca Phase 2 expansion as its most... 

Supreme Court to hear appeal in long-running Rio Tinto IOC-Innu suit

16th November 2018 The Supreme Court of Canada has agreed to hear an appeal by the government of Newfoundland and Labrador on the issue of the jurisdiction of Quebec courts in respect of the Innu communities of Uashat mak Mani-Utenam and Matimekush-Lac’s C$900-million lawsuit against a unit of global miner Rio... 

Randgold merger gets big thumbs up from Barrick shareholders

16th November 2018 The shareholders of Barrick Gold on Monday voted to approve the acquisition of Randgold Resources in a $6.1-billion deal. NYSE- and TSX-listed Barrick said that 99.8% of votes at a special meeting of shareholders were in favour of the share-for-share transaction, which would create a gold leader... 

Detour seeks to end proxy fight with Paulson & Co

15th November 2018 Canadian miner Detour Gold on Thursday moved to end an increasingly acrimonious proxy fight with Paulson & Co by committing to include two of the US hedge fund’s nominees on its board and pledging to start a CEO search “immediately” after settling the proxy contest. Paulson nominees Steven... 

Now export duty dispute halts Katanga’s copper exports

15th November 2018 Merely a week after Glencore subsidiary Katanga Mining halted cobalt exports from its Kamoto mine, in the Democratic Republic of Congo (DRC), its copper exports have also been suspended as a result of an alleged failure to declare and pay duties on 6 650 t of copper in late 2015, early 2016. In... 

Antofagasta approves $1.3bn Chile copper expansion

15th November 2018 The Los Pelambres copper mine is set for a $1.3-billion expansion, with London-listed Antofagasta on Thursday announcing that production at the Chile mine would be increased by an average 60 000 t/y. The project, owned 60% by Antofagasta and 40% by consortiums led by Nippon and Mitsubishi, will... 

Stornoway names new CEO; posts Q3 loss

14th November 2018 Canadian miner Stornoway Diamonds has appointed a new CEO to succeed Matt Manson on January 1, it said on Wednesday, after reporting an adjusted third-quarter net loss of C$31.7-million, sending its shares down 12% on the TSX. Patrick Godin, currently the COO, will succeed Manson, who has been... 

Delayed gold shipments hit Serabi Q3 revenue

14th November 2018 Aim- and TSX-listed Serabi Gold has reported a significant drop in third-quarter revenue as a result of the timing of gold sales, with two shipments of concentrate, valued at about $1.6-million, having been delayed to the fourth quarter. The miner, which operates the Palito Mining Complex in... 

Pan American Silver buys Tahoe Resources

14th November 2018 The world’s second-largest primary silver producer, Pan American Silver, is about to get bigger with the $1.07-billion acquisition of Tahoe Resources, which owns the troubled Escobal silver mine, in Guatemala, in addition to gold mines in Peru and Canada. Pan American Silver, which operates six... 

Blackrock Gold US president Brian Morris killed

14th November 2018 Brian Morris, the newly hired president of Canadian explorer Blackrock Gold’s US subsidiary, has been killed at the weekend, after stopping to assist at the scene of a car accident in Reno, Nevada. Morris also served on the board of Havilah Mining and has been hailed as a “gifted person”, with a... 

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