Headgear manufacturer to complete contract in May

Springs-based steelwork fabricator and erector Louwill Engineering will complete the construction of an 82-m-high conventional steel headgear for Chinese-owned Wesizwe Platinum’s new shaft development, south of the Pilanesberg nature reserve, in...

June production for Octagonal's Black Reef

Junior gold producer Octagonal Resources has restarted openpit mining at its Black Reef project, in Victoria. First gold production has been scheduled for June.

Fidelity acquires 10% of Goldplat

Asset management group Fidelity Worldwide Investment has purchased 16.84-million shares in Aim-listed gold producer Goldplat. This represented 10% of the gold miner’s issued share capital.

Rain impacts Garden Well production - Regis

High rainfall has cost ASX-listed gold producer Regis Resources some ounces during the quarter ended March, with the miner reporting a production of 48 430 oz from its Garden Well mine. This was compared with the 51 562 oz produced in the three...

Rambler Metals and Mining posts maiden quarterly profit

Dual-listed copper producer Rambler Metals and Mining on Wednesday posted its maiden quarterly profit of C$2-million and operating cash flows of C$5-million in its first full quarter as a commercial copper and gold producer. The company, which...

Maudore Minerals acquires Quebec gold mill and assets

Gold project-development junior Maudore Minerals has acquired the Sleeping Giant gold mill and adjacent tailings facility, in Quebec, through acquiring a subsidiary of North American Palladium (NAP) for $18-million in cash and 1.5-million common...

Gold mine installs oily-water treatment, recycling system

Environmental solutions company Procon Environmental Technologies reports that, in January, it supplied an oily-water treatment solution, Ultraspin, for a car wash bay at gold producer Gold Fields’ Tarkwa mine, in Ghana.

Focus Minerals plans to acquire remaining stake in Focus Laverton

ASX-listed gold miner Focus Minerals has launched a takeover offer for the remaining shares in Focus Laverton, previously known as Crescent Gold. Following a takeover of Crescent Gold in 2011, Focus Minerals ended with an 81.57% stake in the gold...

Barrick Gold says gold shipment held by Dominican Republic customs

The world’s largest gold producer Barrick Gold on Thursday said a shipment of gold from its Pueblo Viejo mine, was detained by customs authorities in the Dominican Republic. The company said it was investigating the cause of the delay and had...

Iamgold announces plan to reduce yearly costs by $100m

Canadian gold producer Iamgold this week announced it wanted to reduce company-wide costs by $100-million a year, in order to reinforce its already strong financial position and to improve its return on capital. The company said it had initiated...

Monument Mining to appeal summary judgement

Malaysia-focused gold producer Monument Mining this week said it would appeal a summary judgement in the High Court of Malaya in Shah Alam, Selangor, giving the previous owner of the Selinsing gold project, Selinsing Mining, a 5% interest in the...

Jennings to leave African Barrick Gold for another mining company

Tanzania-focused gold producer African Barrick Gold’s (ABG’s) executive director and CFO Kevin Jennings would leave the company to take up a similar role at another mining company. ABG announced on Wednesday that finance VP Jaco Maritz would...