R/€ = 15.82 Change: 0.06
R/$ = 13.92 Change: 0.06
Au 1284.86 $/oz Change: 0.47
Pt 792.54 $/oz Change: -1.25


Asanko progresses Esaase trial mining, exceeds production guidance

By: Marleny Arnoldi     17th January 2019 TSX- and NYSE-listed Asanko Gold delivered a strong operational performance in the final quarter of 2018, producing 59 823 oz of gold, taking full year output to 223 152 oz. This was above guidance of 200 000 oz to 220 000 oz.  

Asanko Gold Mine Delivers Record Gold Production Of 223,152 Ounces In 2018 Exceeding Upper End Of Guidance

17th January 2019 Asanko Gold  announces production results for the fourth quarter and full year 2018 from the Asanko Gold Mine (“AGM”), located in Ghana, West Africa. The AGM is a 50:50 joint venture with Gold Fields Ltd (JSE, NYSE: GFI) which is managed and operated by Asanko. Q4 and FY 2018 financial and... 

Strike called off at Wollongong mine

By: Esmarie Iannucci     17th January 2019 ASX-listed Wollongong Coal on Thursday told shareholders that the protected industrial action at its Wongawalli Colliery, in New South Wales, had come to an end. On January 11, contract workers at the project went on strike relating to proposed enterprise agreement between the labour hire... 

Beadell misses the mark

By: Esmarie Iannucci     9th January 2019 Embattled gold miner Beadell Resources missed its amended production target during 2018, from its Tucano gold operation, in Brazil. The company in August last year amended the full year production guidance from the original target of 145 000 oz to 155 000 oz, to between 125 000 oz and 135 000... 

Project management service provider achieves Level 4 B-BBEE

2nd November 2018 Inspection, verification, testing and certification company SGS has announce that its South African mineral project management division SGS Bateman Engineering Services achieved a Level 4 broad-based black economic empowerment (B-BBEE) status in September. B-BBEE is a legislative initiative to... 

The latest news from Wenco International Mining Systems

1st November 2018 How Small to Medium Mines, Quarries, and Contractors Drive Improvements with Data Technology Modern mining is a complex process. Distinct departments, each with their own systems and procedures, need to work in concert to extract ore and convert it into a worthwhile commodity. The activities of... 

MC marginally lifts Q1 output, despite Makhado delays

By: Marleny Arnoldi     31st October 2018 Run-of-mine coal production at MC Mining’s Uitkomst colliery increased to 125 153 t in the quarter ended September 30, compared with the 125 108 t produced in the comparable quarter of the prior year. Third-party coal purchases for the quarter, which is the first quarter of MC’s 2019 financial... 

Gem to build $3m plant to test tech that identifies diamonds within kimberlite ore

By: Simone Liedtke     31st October 2018 In line with its strategy of the early detection of large diamonds and reducing diamond damage, LSE-listed Gem Diamonds has approved the construction of a $3-million pilot plant, at Letšeng, in Lesotho, that will use innovative technology to identify diamonds within kimberlite ore and... 

Implats in talks with potential 1 Shaft buyers, as restructuring proceeds 

By: Simone Liedtke     31st October 2018 Platinum miner Impala Platinum (Implats) achieved the highest first-quarter mill tonnage at its Impala Rustenburg operations since the 2013 financial year, during the quarter ended September 30. Tonnes milled at Impala Rustenburg increased by 5.6% year-on-year to 3.15-million tonnes in the first... 

Lake Charles on track and within budget

By: Halima Frost     26th October 2018 Next year will be a defining year for petrochemicals and chemicals company Sasol, with the start-up of its Lake Charles Chemical Project (LCCP), in the US, which is earmarked as a catalyst for transforming Sasol’s earnings profile. In its 2018 annual results, Sasol announced that it had achieved... 

Sandvik expands drill rig offering

26th October 2018 Mining equipment and services provider Sandvik Mining and Rock Technology has expanded its high-pressure down-the-hole (DTH) drill rig offering with the new Sandvik Leopard DI650i model. The company unveiled its first intelligent DTH surface drill rig for the first time at Electra Mining Africa... 

New lease on life for Leeuwpan

26th October 2018 Diversified miner Exxaro Resources’ Leeuwpan opencast coal mine, in Mpumalanga, was at risk of running out of coal, until last month a new road gave it access to coal reserves. “Leeuwpan needed to develop an area where it could mine another 5.1-million tons a year to extend its life by a further... 

Mali's first independent power project to start up next week

By: Reuters     25th October 2018 Mali's first independent power project – a €122-million ($139.06-million), 90 MW diesel plant – will go online next week in the country's gold-rich southwest, a board member of the operator said on Wednesday. The new plant could spur more of the foreign investment Mali has struggled to attract... 

Fresnillo cuts silver guidance, tweaks gold forecast

By: Mariaan Webb     24th October 2018 Despite reporting a 6.3% increase in third-quarter silver production, Mexican precious metals miner Fresnillo on Wednesday lowered its production forecast for the year, citing “continued challenges” at the Saucito and Fresnillo mines. The company reported that the third quarter’s silver... 

Kibali set for another record quarter

By: Creamer Media Reporter      22nd October 2018 The Kibali gold mine, in the Democratic Republic of Congo (DRC), is continuing to deliver performance improvements across the board and is expected to post record results for the quarter ended September 30, Randgold Resources CE Mark Bristow said on Monday. Speaking at a briefing for local media,... 

Company uses sonic drilling for core recovery in sand

19th October 2018 Geotechnical services company Geomech Africa, subsidiary of Geogroup, imported its 20 tonne, SDC 450-24 sonic drill rig from Canada at a cost of US$1-million specifically to handle deep borehole work in mineral sands at multinational diversified miner Rio Tinto’s Richards Bay Minerals (RBM) sands... 

Sales and production soar at Woodside

By: Esmarie Iannucci     18th October 2018 Australia’s Woodside Petroleum has seen an increase in both production and sales revenues for the third quarter, as its Wheatstone liquefied natural gas (LNG) project continued to contribute strongly to operations. “Production at Wheatstone LNG continued ahead of plan, underpinning a 13.8% rise... 

Soil sampling gets under way at Red Rock’s DRC copper/cobalt licence

By: Creamer Media Reporter      17th October 2018 A soil sampling programme has started at a copper/cobalt licence in the Democratic Republic of Congo (DRC) owned by Aim-listed natural resources development company Red Rock Resources. The licence was recently acquired from a private seller. 

Mining at Gruyere to start in November

By: Esmarie Iannucci     15th October 2018 The Gruyere gold project, in Western Australia, remains on schedule to produce its first gold in the June quarter of next year. Joint venture (JV) partners Gold Road Resources and Gold Fields on Monday revealed that the overall project engineering was about 96% complete at the end of the... 

New size for the Nokian Armor Gard 2 excavator tire

10th October 2018 In the spring of 2018, Nokian Tyres introduced a new excavator tire with a feature set matching perfectly the challenges of the urban excavation work. Now, Nokian Armor Gard 2 can be fitted to a wider variety of excavators, thanks to its new 11.00-20 size. Nokian Armor Gard 2, a true next... 

Platreef Shaft 1 intersects Flatreef deposit at 780 m below surface

By: Creamer Media Reporter      10th October 2018 Shaft 1 at Ivanplats’ Platreef project has reached the top of the high-grade Flatreef deposit at 780.2 m below surface. This is the first time that the Platreef – a strongly mineralised, polymetallic belt that extends northward from the town of Mokopane for more than 30 km – has been intercepted... 

Technical study sets RHA underground mine restart costs at $1.06m

By: Creamer Media Reporter      3rd October 2018 It will cost about $1.06-million to bring Aim-listed Premier African Minerals’ 49%-owned RHA underground tungsten mine, in Zimbabwe, back into production. The mine was put under care and maintenance late in 2017 amid cash flow constraints. 

Empire State mine contractor dies

By: Creamer Media Reporter      3rd October 2018 An employee of a contractor working at the Empire State mine, in New York state, died on Tuesday afternoon, TSX-listed Titan Mining said and announced that all mining activities had been suspended. The company said it was working with authorities to determine the cause of the accident that... 

Xtract alluvial mining delivers 2 903 oz in H1

By: Tasneem Bulbulia     28th September 2018 Gold producer, exploration and development company Xtract Resources, which has projects in Mozambique, on Friday said about 2 903 oz of total alluvial mining contractor gold had been produced in the six months ended June 30. 

Wesizwe proceeds with development despite interim losses

By: Marleny Arnoldi     28th September 2018 JSE-listed Wesizwe Platinum swung to a R14.9-million loss for the six months ended June 30, from a R19-million profit in the first half of the prior year. The basic loss a share for the period was 0.92c, compared with earnings a share of 1.17c in the prior comparable period.  

Excavators moving mountains in Lesotho

By: Halima Frost     28th September 2018 Contractor Basil Read’s mining division has added four new excavators from construction equipment manufacturer Hyundai to its fleet of mobile mining equipment. The excavators – a Hyundai R520LC-9S hydraulic crawler excavator, a Hyundai R850LC-9S tracked excavator, and two 22 T Hyundai R220LC-9S... 

Simpec awarded additional work at Talison mine

By: Mariaan Webb     27th September 2018 Engineering contractor business Simpec, part of ASX-listed WestStar Industrial, has been awarded contract scope extensions and purchase orders for A$1.8-million from MSP Engineering at the Talison mine, in Greenbushes, Western Australia. Simpec will supply and install site wide concrete... 

DRA Global confirmed as preferred EPCM contractor for Colluli

By: Tasneem Bulbulia     27th September 2018 Danakali has, on behalf of the Colluli Mining Share Company (CMSC), confirmed DRA Global as the preferred engineering, procurement and construction management (EPCM) provider for the Colluli potash project, in Eritrea. This represents another critical milestone for the project, reinforcing that... 

Hummingbird to raise processing throughput, confirms good gold intercepts

By: Marleny Arnoldi     19th September 2018 Aim-listed gold miner Hummingbird Resources will build a second ball mill at the Yanfolila gold mine, in Mali, that will increase plant throughput from 1.2-million to 1.4-million tonnes a year, based on a blend of ore types. Based on 100% fresh ore types, the throughput capacity will increase... 

Tango’s African diamond focus grows

By: Schalk Burger     14th September 2018 TSX-listed Africa-focused Tango Mining on Thursday reported production since January of 941 ct of high-value diamonds from its Oena diamond mine, in the Western Cape. It also reported on progress at further diamond exploration projects in Angola, Liberia and Botswana. 

High efficiency drives versatile pump set

By: Shannon de Ryhove     14th September 2018 Pump solutions specialist Integrated Pump Rental recently completed the assembly of an electrically driven Sykes XH150 pump set, which it exhibited at this year’s Electra Mining Africa exhibition. The pump set consists of a 315 kW motor with a 400 V drive capable of a maximum head of 180 m with a... 

Tanzanian integrity pledge regulations lack clarity, cause uncertainty – law firm

By: Marleny Arnoldi     12th September 2018 Multinational law firm Herbert Smith Freehills (HSF) has raised concerns around Tanzania’s new integrity pledge for mining companies, questioning whether it meets international best practice. Since July 2017, the Tanzanian government has introduced significant regulatory reforms to the mining... 

ELB-KCC Consortium commencing site clearing and preparing for bulk earthworks at Ngodwana Energy Biomass Power Project

By: Creamer Media Reporter      5th September 2018 The ELB-KCC Consortium (Consortium), is pleased to announce that the official site clearing started and that preparation for bulk earthworks commenced at the Ngodwana Energy (RF) (Pty) Limited 25MW Biomass Power Project. The project will be erected at the Sappi Ngodwana site about 40km from... 

New-generation glove improves miners’ safety

5th September 2018 Hand injuries have been dramatically reduced at underground mining contractor Byrnecut Mining’s operations at the Gwalia gold mine, in Western Australia, since the site's 230 workers have adopted Ansell's HyFlex 11-840 new generation general purpose safety glove. 

Consolidated Zinc starts mining in Mexico

By: Esmarie Iannucci     5th September 2018 ASX-listed Consolidated Zinc will immediately start mining at its Plomosas zinc/lead/silver project, in Mexico, after inking a processing and offtake agreement with Grupo Mexico. Under the terms of the agreement, Grupo Mexico will process Plomosas ore through its plant at Santa Eulalia, and sell... 

Downer wins mining contract extension at Commodore

By: Esmarie Iannucci     5th September 2018 Contractor Downer EDI has been awarded a five year mining contract extension at the Commodore opencut coal mine, in Queensland, worth A$286-million. The contract will see Downer continue operations at Commodore until the end of August 2024. 

Tando ready to start 7.1 km drilling programme at South African vanadium project

By: Marleny Arnoldi     3rd September 2018 ASX-listed junior miner Tando Resources has mobilised one reverse circulation and one diamond core drilling rig at its SPD Vanadium project, in South Africa’s Bushveld Complex, and is ready to start a A$1.4-million drilling programme. Assay results are expected to underpin strong newsflow over... 

Beadell's plant uprade heading on trend

By: Esmarie Iannucci     3rd September 2018 Gold miner Beadell Resources has completed the installation and commissioning of the ball mill at its Tucano plant, in Brazil, two weeks ahead of schedule. The installation of the ball mill is one of four key areas being undertaken as part of the Tucano plant upgrade, along with the installation... 

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