R/€ = 16.19 Change: 0.18
R/$ = 14.31 Change: 0.18
Au 1321.18 $/oz Change: 8.82
Pt 853.50 $/oz Change: -12.24


Thorny River on track to become diamond producer by mid-2019

By: Simone Liedtke     Updated 2 hours 42 minutes ago Aim-listed Botswana Diamonds has confirmed that its Thorny River diamond dyke project, in South Africa, remains on track to start bulk sampling and diamond production by the middle of this year. Bulk sampling is anticipated to start in May, assuming final permits are obtained in time, and will... 

Strike halts operations at Sierra Metals' Peru mine

By: Creamer Media Reporter      22nd March 2019 TSX-listed miner Sierra Metals has suspended all mining and milling activity at its Yauricocha mine, in Peru, after unionised workers downed tools over contractor changes in a strike that is deemed illegal. The employees belong to the Union of the Mine and Metallurgical Workers of Minera Corona,... 

M&R Cementation awarded Palabora ventilation shaft contract

By: Marleny Arnoldi     18th March 2019 Mining contractor Murray & Roberts (M&R) Cementation has been awarded a contract by Palabora Mining Company for a 1 200 m deep ventilation shaft. The shaft, with a lined diameter of 8.5 m, will reach a final blind sink depth of 1 190 m before a drop raise takes it to its final depth.  

Chaarat teams up with Turkey contractor

By: Creamer Media Reporter      18th March 2019 Gold mining company Chaarat has formed a joint venture (JV) with Turkish mining and mine construction contractor Çiftay to collaborate on the Tulkubash and Kyzyltash projects in the Kyrgyzstan, the Aim-quoted firm announced on Monday. Çiftay, which has been Chaarat’s partner since 2017, and... 

Contractor building infrastructure at Belfast mine

15th March 2019 Construction contractor Concor Infrastructure has been awarded the job of building dams, roads, platforms and other civil works at diversified miner Exxaro’s new digital coal mine near Belfast, in Mpumalanga. Concor Infrastructure is constructing four major dams, 26 concrete platforms and... 

Policy safeguards suppliers and service providers in mining industry

By: Khutso Maphatsoe     15th March 2019 The predominant policy that should be in place regarding the relationship between suppliers and service providers is an anti-bribery and corruption policy, says legal services company ProEthics founder, Dr Janette Minnaar-van Veijeren. An anti-bribery policy and framework demonstrate a company’s... 

Vedanta to shut Namibian zinc refinery for five weeks

By: Reuters     14th March 2019 Vedanta Zinc International, a unit of diversified miner Vedanta Resources, said on Thursday it would close its Skorpion Zinc Refinery in Namibia for five weeks after a strike by its mining contractor depleted stocks. "During the strike period, the Skorpion Refinery continued to run which led to... 

Granville switches to owner-operated

By: Esmarie Iannucci     13th March 2019 ASX-listed AusTin Mining will switch to owner mining at its Granville East mine, in Tasmania, following the liquidation of contract miner Jemrok. AusTin has terminated its contract with Jemrok and is now progressing with the necessary arrangements to start owner mining, which is expected to cost... 

Heron start delayed

By: Esmarie Iannucci     12th March 2019 ASX-listed Heron Resources has warned of delays for first production at its Woodlawn base metals project, in New South Wales. The company said on Tuesday that at the start of March, it was advised by contractor Sedgman of a delay for the first ore feed into the processing plant, with ore... 

Nordic idles Finland gold mine

By: Simone Liedtke     11th March 2019 The Laiva gold mine, in Finland, has been placed on care and maintenance until an alternative mining contractor has been engaged and additional financing has been found, TSX-V-listed Nordic Gold announced over the weekend. The mine, which has failed to improve tonnes and mill grades, is expected... 

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