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AngloGold’s Tropicana JV commits to Long Island strategy

By: Mariaan Webb     7th December 2017 Joint venture (JV) partners AngloGold Ashanti and Independence Group have committed to the initial phase of the Long Island strategy, which will ultimately add 2.1-million ounces to the Tropicana mine’s business plan and will extend the operation’s mine life by seven years to 2027. The... 

Maverix picks up royalty on Endeavour’s Karma mine

By: Henry Lazenby     24th November 2017 Royalty vehicle Maverix Metals will acquire an existing 2% net smelter return (NSR) royalty from a third-party seller, on Endeavour Mining’s 90% interest in the Karma gold mine, in Burkina Faso, for $20-million in cash. The mine and surrounding tenements were acquired by Endeavour from True Gold... 

TMAC again lowers guidance as mill ramp-up slows

By: Henry Lazenby     15th August 2017 Emerging gold producer TMAC Resources expects to produce even fewer ounces this year at its Dorris mine, in Canada’s Nunavut Territory, as a slower-than-expected ramp-up of the plant impacted on the operation’s most recent quarterly performance. TMAC poured first gold at Dorris – part of the Hope... 

Platinum for new fuel cell Mercedes cut to autocat level  

By: Martin Creamer     12th July 2017 German car manufacturer Daimler has cut the platinum loading of its new fuel cell Mercedes to catalytic converter level. “We reduced the amount of platinum by 90%, which provides a significant cost reduction. Our fuel cell is not much above the platinum loading of a catalytic converter on a... 

Big boost for platinum as world's mayors tackle urban air pollution 

By: Martin Creamer     30th March 2017 The plans of the mayors of the world’s biggest cities to tackle urban air pollution head-on are a major plus for platinum, which catalyses the exhaust systems of vehicles and is the key metal in the emergence of emission-destroying fuel cells. The clean-air programme is being spearheaded by C40... 

Rio quietly optimistic over Trump’s infrastructure delivery promises

By: Esmarie Swanepoel     20th March 2017 Mining giant Rio Tinto is quietly optimistic about the ability of US President Donald Trump to deliver on his infrastructure promises, driving demand for Rio’s products. Speaking on CNBC, Rio CEO Jean-Sebastian Jacques said a team from Rio had recently met with “key influencers and key... 

AngloGold's Tropicana JV gears up for accelerated mining rate

By: Esmarie Swanepoel     15th December 2016 Gold production from the Tropicana mine, in Western Australia, is expected to improve considerably next year, when grade streaming is reintroduced. Gold major AngloGold Ashanti, which owns 70% of Tropicana, and its joint venture (JV) partner Independence Group, which owns a 30% stake in the... 

Richard John Budge

     18th July 2016 RICHARD Budge, the businessman who was crowned “King Coal” after he successfully spear-headed the purchase  of State-owned British Coal’s  mining assets in England when the industry was privatised over 20 years ago, died today (Monday) at the age of 69. Budge was born in 1947, the year the UK... 

Miners cut distressed debt pool by $60bn as rebound firms

By: Bloomberg     13th June 2016 Mining companies are getting back into financial shape and have cut the sector’s pool of distressed bonds by at least $60-billion, providing another boost to the industry’s outlook as commodities enter a bull market. Anglo American and Glencore are among companies whose notes no longer feature... 

Mining helping to show how rich and poor South Africans can work arm-in-arm as volunteers  

By: Martin Creamer     6th January 2016 Every year, 700 000 to 800 000 young South Africans leave school with extremely limited prospects of obtaining employment, adding to the statistic of three to four million people younger than 25 who are already unemployed. One of the country’s most pressing challenges is finding ways of preparing... 

African Potash appoints UK politician to board

By: Megan van Wyngaardt     26th October 2015 Aim-listed exploration company African Potash has appointed Mark Simmonds as director, effective November 10. “Simmonds has significant experience working in Africa and brings with him a wealth of business and political contacts, which will support African Potash in the roll-out of its integrated... 

Alan Fanton

By: Ilan Solomons     28th August 2015 This week we feature Alan Fanton, CEO of Roytec, a supplier of filtration and separation equipment to the minerals processing and hydrometallurgical refining industries 

Grown diamond industry poised for success

By: Kimberley Smuts     5th June 2015 The grown diamond industry was poised for great success, scientists and researchers from top universities in the US, Belgium, Russia and Taiwan said in December at a round-table meeting – The Future of Grown Diamonds – hosted by diamond growers IIa Technologies. IIa Technologies chief technology... 

Ronny Webber-Youngman

By: Martin Creamer     6th March 2015 Main Activity relating to the University: Teaching and learning related to Mining Engineering education, including research activities related to the mining industry as well as management and leadership activities within the Department of Mining Engineering Date and Place of Birth: Welkom, Free... 

Auctus scouting Australia for noncoal projects

By: Esmarie Swanepoel     4th November 2014 The newly formed Auctus Minerals was hoping to pull the trigger on its first project acquisition within the next six to nine months, after securing a A$130-million investment from Boston-based Denham Capital. With the backing of Denham, Auctus was scouting Australia for investment opportunities... 

Alderon hopes to push start button on Labrador mine by early 2016

By: Mariaan Webb     28th February 2014 With nearly all the approvals in hand for its Kami iron project in western Labrador, TSX-listed Alderon Iron is gearing up to put shovels in the ground and start construction on what will be Canada’s newest iron-ore mine. 

Prospect Global Resources appoints board members

By: Henry Lazenby     30th September 2013 Potash project developer Prospect Global Resources on Monday said it had appointed Daniel Neumann and Reed Dickens to its board, to replace Marc Holtzman, ZZ Qiu and Conway Schatz who had resigned. Neumann brings 16 years of finance experience, the majority of which was at financial services... 

AngloGold’s Tropicana Produces First Gold Ahead of Schedule and on Budget

By: Creamer Media Reporter      26th September 2013 AngloGold Ashanti is pleased to announce that the Tropicana Gold Mine in Western Australia began production today ahead of schedule and within budget, adding new ounces at below the company’s current average cost structure and so improving the overall quality of its portfolio. “We’ve taken... 

Cleveland pegs down A$10m funding

By: Esmarie Swanepoel     17th June 2013 Gold miner Cleveland Mining has signed a A$10-million investment facility with Boston-based Baycrest Capital, to fund the development of its Brazilian portfolio. The ASX-listed Cleveland reported on Monday that the investment facility allowed the company to draw the cash down in tranches of up... 

AngloGold Ashanti adds to Tropicana resources

By: Esmarie Swanepoel     4th December 2012 Gold miner AngloGold Ashanti has added 1.48-million ounces to the estimated mineral resource of its Tropicana joint venture, in Western Australia. The miner said on Tuesday that following a drilling campaign in 2012, the Tropicana project was now estimated to host some 7.89-million ounces of... 

Company Announcement: Appointment of Non Executive Director

     11th October 2012 Experienced Investment Professional Sheila Lyons Appointed to Represent Liberty Metals & Mining Group 

Joy Global cuts 2012 forecast as mining expenditure declines

By: Bloomberg     7th September 2012 Joy Global Cuts 2012 Forecast as Mining Expenditure Declines (3)   Joy Global, the world’s fourth-largest mining equipment maker, has cut its full-year profit and sales forecasts and said revenue may not increase next year as commodity demand slows in the US and China. 

Sennen Resources strongly advises against Liberty Silver’s hostile bid

By: Henry Lazenby     25th August 2012 Gold junior Sennen Resources on Friday strongly advised its shareholders to reject an extended hostile offer by Liberty Silver for the company. Sennen, which is currently funding a $5-million exploration programme as part of a five-year option agreement with North Arrow Minerals, to earn 60%... 

Company Announcement: Patrick J. Largier appointed FLSmidth Senior VP

     11th July 2012 He will lead Asia-Pacific Non-Ferrous activities and FLSmidth Ludowici global product company 

Centaurus raises funds for Jambreiro push

By: Esmarie Swanepoel     9th July 2012 Iron-ore developer Centaurus Metals would undertake a A$26.2-million equity raising to underpin the completion of the bankable feasibility study of its flagship Jambreiro project, in Brazil, and to fund the final push towards financing and development. The equity raising would be undertaken over... 

Company Announcement: Announces appointment of Non-Executive Director

     13th March 2012 International gold producer, Mundo Minerals Limited (ASX Code: MUN and MUNO) (“Mundo” or “the Company”), is pleased to announce that it has today appointment Mr Christopher Chalwell to the Board of Mundo as a Non-Executive Director. 

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