http://www.miningweekly.com
R/€ = 15.99 Change: 0.09
R/$ = 14.03 Change: 0.18
Au 1220.67 $/oz Change: 5.18
Pt 845.50 $/oz Change: 3.71
 

Lead News

Perkoa to make up for lower output from Caribou – Trevali

By: Mariaan Webb     8th November 2018 A stellar production quarter from the Perkoa mine, in Burkina Faso, is keeping zinc and lead miner Trevali on track to achieve its production guidance this year, offsetting lower expected output from the Caribou mine, in New Brunswick, Canada, president and CEO Mark Cruise reported on Wednesday.... 

Beowulf steps into new geography with Kosovo investment

By: Mariaan Webb     6th November 2018 Nordic-focused exploration company Beowulf Mining announced a £250 000 investment in private explorer Vardar Minerals to acquire a 14% stake, sending the London-listed miner’s stock up nearly 7%. The company has an option to make a further investment and increase its ownership in Vardar, which... 

Beowulf steps into new geography with Kosovo investment
The Mitrovica licence area in northern Kosovo.

Excellon revenue dives in ‘tough’ Q3

By: Creamer Media Reporter      2nd November 2018 The September quarter has been a tough one for Mexico-focused Excellon Resources, which on Thursday reported significantly lower revenue and production, citing surveying and planning issues. Excellon, which operates the Platosa mine in Durango, produced 300 766 oz of silver-equivalent, down from... 

Trevali lowers Caribou mine guidance

By: Mariaan Webb     23rd October 2018 TSX-listed Trevali Mining has lowered its zinc and lead production guidance for the Caribou mine in Bathurst, New Brunswick, but the company remains on track to achieve its consolidated zinc production guidance. The Caribou mine’s zinc guidance has been lowered from a range of 86-million to... 

Terramin flags higher output at Algeria zinc/lead mine

By: Esmarie Iannucci     23rd October 2018 An initial optimisation study into the Tala Hamza zinc/lead project, in Algeria, has flagged a substantial increase in production rates, ASX-listed Terramin Australia said on Tuesday. Terramin, which owns a 65% interest in the project, reported that the initial optimisation study had identified... 

Glencore CEO said to tell investors he'll retire in 3 to 5 years  

By: Bloomberg     22nd October 2018 Ivan Glasenberg, who built Glencore into a dominant force in commodities trading and became the face of the industry, told investors he plans to retire in three to five years, according to people familiar with the matter. Glasenberg discussed his succession plan in recent meetings and said he has... 

Glencore CEO said to tell investors he'll retire in 3 to 5 years
Photo by Bloomberg
Glencore CEO Ivan Glasenberg

Marginal increases in lead, zinc demand expected in 2019

By: Nadine James     19th October 2018 In a report released last week, the International Lead and Zinc Study Group forecast that there would be marginal increases in demand for lead and zinc in 2019.  The ILZSG forecasts that global lead demand will  rise by  0.7% to 11.79-million tonnes in 2019, compared with the 11.71-million tonnes... 

Marginal increases in lead, zinc demand expected in 2019
Photo by Bloomberg
USURPER Lead demand is expected to fall on the back of increased lithium-ion battery penetration and slower growth in the automotive sector

Bunker Hill lease terminated

By: Creamer Media Reporter      15th October 2018 Toronto-headquartered Bunker Hill Mining on Monday confirmed that the lease with option to purchase agreement for the Bunker Hill mine had been terminated, owing to a missed property payment. The CSE-listed company warned earlier this month that it was in default of its lease agreement with... 

Fortuna Silver lifts Q3 output, reports San Jose contingency pond overflow

By: Mariaan Webb     12th October 2018 Latin American miner Fortuna Silver has reported improved third-quarter silver and gold output and is on schedule to meet its production guidance for the year, the NYSE- and TSX-listed company reported on Thursday. Compared with the third quarter of 2017, Fortuna’s silver production increased by... 

Mining Indaba intensely focused on driving capital into African mining 

By: Martin Creamer     11th October 2018 An investment pavilion will be introduced at the upcoming Investing in African Mining Indaba to drive capital into African mining with even greater intensity, MD Alex Grose said on Thursday. Speaking to Mining Weekly Online during a media roundtable, Grose also revealed that more time would be... 

Mining Indaba intensely focused on driving capital into African mining
Investing in African Mining Indaba MD Alex Grose spoke to Mining Weekly Online’s Martin Creamer about the upcoming event. Video, Video Editing and Photographs: Darlene Creamer

Plea for govt to awaken to massive economic potential of mining  

By: Martin Creamer     10th October 2018 A plea for the government to awaken to the massive real potential of the South African mining sector was made on Wednesday by Eunomix CEO Claude Baissac, who decried the disincentivising of South African mining over the past 20 years as an inexplicable paradox and a massive mineral policy... 

Plea for govt to awaken to massive economic potential of mining
Eunomix CEO Claude Baissac talks to Mining Weekly Online’s Martin Creamer on South Africa’s massive mining opportunity loss. Video, Video Editing and Photographs: Christo Greyling.

Coeur maintains guidance despite lower Q3 output

By: Mariaan Webb     10th October 2018 NYSE-listed miner Coeur Mining has maintained its production guidance for the year, despite reporting lower third-quarter production results, at 8.5-million ounces of silver equivalent. The company, which owns mines in Mexico, the US and Canada, produced 2.9-million ounces of silver, 88 833 oz... 

Coeur maintains guidance despite lower Q3 output
Palmajero in Mexico

Is the reign of Glencore’s billionaire copper king near its end?

By: Bloomberg     9th October 2018 Aristotelis Mistakidis is one of the world’s most powerful commodity traders. For nearly 20 years, the brash, hyperactive Greek known to everyone simply as “Telis” has ruled over the global copper market, buying and selling enough of the red metal to supply every factory in the US twice over.... 

Chinese delegation to witness proudly South African logging system 

By: Martin Creamer     8th October 2018 The high-ranking delegation from China, which is due to arrive in South Africa next Monday to undertake a three-week study of South Africa’s globally recognised mineral reporting codes, will be given insight during their visit into a South African borehole logging system that is poised to go... 

Chinese delegation to witness proudly South African logging system
Samcodes Standards Committee chairperson Matt Mullins interviewed by Mining Weekly Online’s Martin Creamer. Video and Video Editing: Nicholas Boyd. Photographs: Dylan Slater.

Weatherly restarts process to review strategic options

By: Creamer Media Reporter      8th October 2018 Namibian base metals miner Weatherly International has restarted the process of reviewing its strategic options, including the possible sale of some of its subsidiaries or assets. The process will be led by Numis Securities and Treadstone Resource Partners. 

CAML on track to meet FY target

By: Creamer Media Reporter      4th October 2018 Aim-listed Central Asia Metals (CAML) has had a good third quarter and is on track to meet its production guidance for the year, the miner reported on Thursday. In the third quarter, the base metals firm produced 3 938 t of copper from its Kounrad operation, in Kazakhstan, and 5 472 t of copper... 

Macro disquiet drowns out signs of base metals shortages

By: Reuters     4th October 2018 Uncertainty about how metals demand will be hit by trade wars, rising US interest rates and a slowdown in China is weighing on industrial metals prices, submerging signals pointing to potential shortages. The index of copper and five other top industrial metals traded on the London Metal Exchange... 

Bunker Hill Mining in default of lease agreement

By: Creamer Media Reporter      3rd October 2018 Junior firm Bunker Hill Mining confirmed on Tuesday that it was in default of its lease with option to purchase agreement with Placer Mining, after it missed payments totalling $400 000. The option is to acquire 100% of the Bunker Hill mine, which once was the largest producing mine in the Coeur... 

Chinese delegation to study South Africa’s mineral codes

By: Martin Creamer     2nd October 2018 South Africa’s meticulous set of mineral reporting codes has succeeded in attracting a high-ranking Chinese delegation from the Mineral Resources and Reserves Evaluation Centre of the Ministry of Land and Natural Resources (MRREC) in Beijing. South Africa’s Samcodes Standards Committee (SSC) will... 

Chinese delegation to study South Africa’s mineral codes
Photo by Creamer Media
Samcodes Standards Committee chairperson Matt Mullins

Lundin names new CFO as Inkster formally assumes CEO role

By: Mariaan Webb     1st October 2018 Canadian base metals miner Lundin has promoted VP of finance, Jinhee Magie, to the position of senior VP and CFO, succeeding Marie Inkster, who on Monday formally took over from Paul Conibear as president and CEO. Conibear, who announced his retirement in July, will continue as an adviser until... 

Zinc explorer Erris Resources shines

By: Mariaan Webb     27th September 2018 Europe-focused exploration company Erris Resources received a share price boost on Thursday, after the company published its interim results, highlighting the high-grade mineralisation of its Abbeytown zinc project, in Ireland, and its strong cash position of €2.59-million at September 26.... 

Heron marks Woodlawn milestone

By: Creamer Media Reporter      25th September 2018 Base metals firm Heron Resources on Tuesday reported a significant milestone in the project development schedule of the Woodlawn zinc/copper project, in New South Wales, announcing that Pybar Mining has started underground activities. The company has a four-year underground mining contract with... 

Ramaphosa moves to revitalise mining, create certainty

By: Martin Creamer     21st September 2018 It is imperative that South Africa restores investment and exploration levels in the mining sector as mining and mineral beneficiation activities have significant potential to drive long term growth, exports and job growth, President Cyril Ramaphosa said in his economic stimulus and recovery plan... 

Ramaphosa moves to revitalise mining, create certainty
President Cyril Ramaphosa

Struggling Aldridge agrees to be bought by Virtus Mining

By: Mariaan Webb     19th September 2018 Troubled Turkey-focused junior Aldridge Minerals has agreed to be bought by Virtus Mining – a development-stage mining company in which Aldridge director Ahmet Taçyildiz will indirectly hold 70%. Virtus will acquire all the issued and outstanding common shares of Aldridge for C$0.10 in cash,... 

Galileo to acquire Kabwe residual rights, 95% stake in Star zinc project

By: Marleny Arnoldi     13th September 2018 Aim-listed Galileo Resources has executed a heads of agreement to acquire the Kabwe residual rights, in Zambia, from BMR Group. The acquisition excludes BMR’s small-scale licence which is used as a zinc/lead/vanadium tailings recovery project, situated within the Kabwe mining licence.  

Europa initiate land use process for Spain mine development

By: Creamer Media Reporter      13th September 2018 Triple-listed Europa Metals has initiated a change of land use process to facilitate the potential future development of its Toral lead/zinc/silver project, in northern Spain. The company has engaged consultancy MAGMA Soluciones Ambientales to progress the requisite land use applications across... 

Coeur declares commercial production at BC silver/zinc mine

By: Mariaan Webb     5th September 2018 The Silvertip silver/zinc/lead project that Coeur Mining bought less than a year ago, has entered commercial production on September 1, prompting the NYSE-listed company to revise its full-year guidance. Coeur bought the mine, located in northern British Columbia, in October 2017 and started... 

Grupo Mexico could reopen San Martin mine after 11 years

By: Reuters     3rd September 2018 Miner Grupo Mexico could reopen the country's largest underground mine in the first quarter of 2019, after it closed more than a decade ago due to a workers strike, a senior government official said in an interview. The company began to refurbish the San Martin mine, which has copper, silver,... 

Grupo Mexico could reopen San Martin mine after 11 years

Lead and zinc in supply deficit

By: Nadine James     31st August 2018 The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead and zinc supply and demand for the first half of 2018, last week, noting that refined lead demand exceeded available supply, and that there was a deficit in refined zinc supply of about 17 000 t. The... 

Lead and zinc in supply deficit
SUPPLY DWINDLES the global market for refined zinc metal in deficit by 17 000 t in the first six months of 2018 despite total reported inventories increasing by 77 000 t over the same period

Teck resumes lead smelting at British Columbia facility

By: Reuters     29th August 2018 Canadian diversified miner Teck Resources said on Tuesday that lead smelting had resumed at its Trail, British Columbia, facility after a seven-day suspension because of wildfires in the province. Teck shut down lead smelting on August 19 because the flash smelting technology requires... 

Teck idles lead smelting due to BC wildfires

By: Reuters     24th August 2018 Canadian diversified miner Teck Resources said on Thursday that lead smelting at its Trail, British Columbia facility was suspended for a fourth day due to wildfires in the province. Teck temporarily shut down lead smelting on Sunday because the flash smelting technology requires high-purity... 

Tethyan completes drilling at recently acquired Serbia

By: Creamer Media Reporter      23rd August 2018 Gold and base metals explorer Tethyan Resources has completed its first drill programme at the recently acquired Kizevak zinc/lead/silver project, in Serbia. The Kizevak project is situated on an exploration licence held by Tethyan’s Serbian subsidiary Taor and is located 1 km south-east along... 

Oposura scoping study nears completion

By: Creamer Media Reporter      20th August 2018 ASX-listed Azure Minerals is nearing completion of a scoping study for its Oposura zinc/lead/silver project, in Mexico. The study remains on schedule for completion in the third quarter of this year. 

New-gen scanning technology released, interest from SA companies

By: Jessica Oosthuizen     17th August 2018 Global corporate engineering and consulting group DMT has released the new-generation Slim Borehole Scanner (SBS) technology for imaging extra-slim drill holes with a diameter of 23 mm, with keen interest from local mining companies, says DMT director Sodhie Naicker. One of the SBS’s primary... 

New-gen scanning  technology released,  interest from SA companies
SLIM BOREHOLE SCANNER The self-sufficient wireless tool is lightweight and easy to mobilise and use

Laboratory to expand services, product range

By: Erin Steenhoff-Snethlage     17th August 2018 Sandton-based chemical reagents supplier and distributor, Axis House, plans to considerably expand its metallurgical laboratory in the Western Cape, as well as its laboratory services and product range, as it believes that using specifically developed chemical reagents in the base metals... 

Laboratory to expand services, product range
Photo by Bloomberg
FOR PARTICULAR PURPOSE Axis House develops specifically designed chemical reagents

Zinc developer secures offtake, funding for Nigeria project

17th August 2018 Australian zinc-focused mineral exploration company Symbol Mining has executed an offtake and marketing agreement for its shipping and sales programme for the Macy zinc project in Nigeria, with international commodities group Noble Resources International. The shipping and sales programme is... 

Zinc developer secures offtake, funding for Nigeria project
ON TARGET The first shipment of zinc and lead is expected from the Macy project in the third quarter

Lead shortages, seasonally strong demand suggest possible price revival

By: Reuters     14th August 2018 Global trade disputes and political tensions have sent prices of battery metal lead to 14-month lows but tight supplies, shortages and seasonally strong demand for the coming northern winter suggest a possible change of tack. The possibility of protracted trade tensions between the United States... 

Trevali lifts Q2 zinc output

By: Simone Liedtke     10th August 2018 TSX-listed Trevali Mining saw achieved higher zinc production in the second quarter, ended June 30, and remains on track to achieve its full-year production and cost guidance, president and CEO Dr Mark Cruise said on Friday. Production guidance for the year remains unchanged at 400-million to... 

First
Prev
1
2 3 4 Next Last

Latest News

more

Latest Videos

more

Press Office

more

Topics In These Articles

RSS Feed

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now
Register Close