R/€ = 14.99 Change: -0.11
R/$ = 12.25 Change: -0.15
Au 1328.59 $/oz Change: -12.51
Pt 922.50 $/oz Change: -9.49


Hoisting mechanism offers increased productivity

By: Tasneem Bulbulia     20th April 2018 Engineering, equipment and service solutions supplier FLSmidth has developed an “innovative” skip discharging mechanism for vertical mine shafts – an alternative solution that can increase hoisting capacity and reduce hoisting duty cycles as well as maintenance time and costs, FLSmidth commercial... 

Wobbler technology benefits overhead irrigation for heap leaching

     20th April 2018 Heap leach depths have increased from 15 m of ore depth to 150 m since the turn of the century. Higher closure and reclamation costs, as well as a need to decrease the impact on agricultural land, prompted mine managers to increase ore depths as a way to make mining operations more efficient and... 

Mining equipment supplier Weir buys US market leader Esco in $1.3bn tie-up

By: Henry Lazenby     19th April 2018 UK-based mining equipment dealer Weir has signed a binding $1.29-billion accord to buy Portland, Oregon-based Esco – a local market leader in the mining, construction and industrial markets. "We are acquiring a high-quality business at the right time, with the market in the early stages of its... 

B2Gold’s Fekola update continues to demonstrate potential for larger openpit

By: Henry Lazenby     19th April 2018 Gold producer B2Gold has extended mineralisation at its Fekola mine 1 km to the north, with the positive drill results continuing to indicate potential for a larger openpit operation, that could justify a relatively low capital cost plant expansion from 5.5-million tonnes a year to about... 

Drilling continues at Kodal’s Bougouni project

By: Anine Kilian     19th April 2018 Aim-listed Kodal Minerals plans to continue reverse circulation drilling on its Mali-based Bougouni lithium project until the start of the rainy season in June/ July. "We are continuing with the major exploration and definition programme at Bougouni, with multiple key activities happening in... 

TSR finds good gold mineralisation at Djibouti project

By: Marleny Arnoldi     19th April 2018 Phase 2 drilling at Thani Stratex Resources’ (TSR’s) Pandora gold project, in Djibouti, found an “outstanding” intersection of gold on the previously untested Pyrrha vein. 

Callinex lifts Nash Creek resources in New Brunswick’s Bathurst Camp

By: Henry Lazenby     17th April 2018 Base metals-focused Callinex Mines has reported a substantial resource increase at the near-surface Nash Creek deposit, in New Brunswick’s Bathurst Mining Camp. The Canadian National Instrument 43-101-compliant indicated resource rose 74% over prior estimates to 963-million pounds of zinc... 

Jubilee sets new operational record

By: Simone Liedtke     17th April 2018 Jubilee Metals set a new operational record when it produced 1 858 oz of platinum-group metals (PGMs), in March, while its unit cost reached a low of $434/oz for the first quarter ended March 31. “I am very pleased with the continued operational improvements at our Hernic operations. I expect the... 

IronRidge to start drilling at Ghana lithium deposit

By: Marleny Arnoldi     17th April 2018 Aim-listed IronRidge Resource has received the necessary approvals and earthworks have started for drill access and drill pads over its Ewoyaa pegmatite deposit, in Ghana.  

Gensource offtake MoUs signal supply malaise in N American potash market

By: Henry Lazenby     14th April 2018 The fact that junior Canadian start-up Gensource Potash has been able to secure two memoranda of understanding (MoUs) from separate US offtake partners that support the establishment of a new and independent supply of potash, speaks to a certain malaise in the continent’s crop nutrient market.... 

Cazaly proceeds with Kaoko buy

By: Esmarie Swanepoel     13th April 2018 Metals developer Cazaly Resources on Friday confirmed that it would proceed with the acquisition of the Kaoko cobalt project, in northern Namibia. The ASX-listed company in March announced an option over the project. A due diligence has now confirmed the potential of the project, with Cazaly... 

Newmont looks to the future in Ghana

     13th April 2018 US gold major Newmont Mining, one of the top global gold producers, expects to put up a new growth project – Ahafo North – for funding approval in 2019, according to Newmont regional senior VP for Africa Alwyn Pretorius. Ahafo North, located 50 km north of the existing Ahafo gold operations, is a... 

Remote sensing increasingly being used in mining to monitor water

By: Nadine James     13th April 2018 It is becoming increasingly important for mines to stay up-to-date with the latest monitoring technology to ensure water resources are efficiently monitored on site, both from a water management point of view and from a compliance and legislative point of view, says SRK principal hydrologist... 

Tsodilo recovers 101 diamonds during independent diamond classifier

By: Simone Liedtke     12th April 2018 TSX-listed Tsodilo Resources has recovered 101 diamonds, representing 18.57 ct, from samples by an independent and experienced diamond classifier at its BK16 kimberlite project, in the Orapa Kimberlite Field (OKF), in Botswana. The diamondiferous BK16 kimberlite pipe is approximately 6 ha in size... 

ABM to extend DRC augering programme

By: Anine Kilian     12th April 2018 Aim-listed African Battery Metals (ABM) has extended the auger programme on its Kisinka property, in the Democratic Republic of the Congo (DRC). The extension will allow the miner to investigate additional soil anomalies. 

Lava in lab studies could lead miners to new iron-ore deposits

By: Marleny Arnoldi     12th April 2018 A study on iron-ore deposits has found that some magmas split into two separate liquids – one of which is rich in iron – and could lead to the discovery of new iron-ore deposits.  

PTM warns of liquidity constraints ahead of completion of stage two of Maseve transaction

By: Marleny Arnoldi     12th April 2018 Project developer Platinum Group Metals (PTM) has warned that its liquidity will be constrained until the second stage of the sale of its Maseve mine to Royal Bafokeng Platinum (RBPlat) is completed.  

Lithium Americas rises on Nevada Lithium project resource growth

By: Henry Lazenby     10th April 2018 A new technical report on Lithium Americas’ 100%-owned Lithium Nevada project has increased the compliant measured and indicated resources by about 80% over the prior 2016 estimate, establishing the company as the largest and highest-grade known claystone lithium resource in the US. The National... 

Galileo upbeat on Star Zinc potential

By: Simone Liedtke     10th April 2018 Resource and development company Galileo Resources on Tuesday announced positive results from a further seven diamond drill holes (DDHs) from its current drilling programme on the Star Zinc project, in Zambia, in which the company has an 85% interest. The results include three DDHs showing... 

Cora completes reconnaissance drilling programme at Tekeledougou

By: Anine Kilian     9th April 2018 West Africa-focused gold exploration company Cora Gold has completed the first reconnaissance drill programme at its Tekeledougou gold project in southern Mali. Seven reconnaissance reverse circulation drill holes for 2 007 m were completed at Tekeledougou and two prospects, Kouroudian and... 

Newmont suspends operations at Ghana mine after six workers killed

By: Reuters     9th April 2018 Six construction workers have been killed in an accident at Newmont's Ahafo gold mine in Ghana, forcing the surface mine to suspend its operations, a local Newmont manager said on Sunday. The workers died after a tunnel roof collapsed on them at the construction site of an expanded gold... 

First phase of PTM’s Maseve sales transaction completed

By: Simone Liedtke     6th April 2018 TSX-listed Platinum Group Metals (PTM) has completed the sale of its Maseve concentrator plant, near Rustenburg, in South Africa’s North West province, as well as the sale of certain surface rights to Royal Bafokeng Platinum (RBPlat). PTM and RBPlat in November 2017 executed definitive agreements... 

MoU for development of uranium mining technologies signed

     6th April 2018 Canadian uranium mining company Uranium One, Argentina Ministry of Science, Technology and Productive Innovation, and private uranium exploration company UrAmerica Argentina S.A. have signed a memorandum of understanding (MoU) for the development of state-of-the-art uranium mining technologies in... 

ULPs drive innovation for underground mechanisation scheme

By: Donald Makhafola     6th April 2018 The MT3500X/NX and MT950 ultralow-profile (ULP) machines designed and developed by mining equipment and machinery supplier CMTI Group can facilitate mining at lower operating heights and at greater depths, as well as in inaccessible areas, such as remnant pillars and barred panels. "This is the... 

Technology imperative to improve operations, safety in deep mines

By: Donald Makhafola     6th April 2018 Advancing and applying smart technology is improving miners' ability to delineate geological structures more accurately, which is important because a key aspect that affects safety in the sector is the variability of rock mass characteristics over time and space, says consulting engineers and... 

Seabee gold operation, Canada

By: Sheila Barradas     6th April 2018 A gold mine in Saskatchewan, Canada. 

AngloGold Ashanti completes sale of Moab Khotsong mine

     6th April 2018 Gold producer AngloGold Ashanti has concluded the gross R3.574-billion sale of its Moab Khotsong gold mine, in the North West and related assets and liabilities to gold mining company Harmony Gold, as well as the separate sale of the Kopanang gold mine, in Gauteng and related assets and... 

Savannah discovers high-grade lithium at Mina do Barroso

By: Creamer Media Reporter      5th April 2018 Aim-quoted Savannah Resources has discovered new high-grade lithium mineralisation at its Mina do Barroso project, in Portugal, where it believes the Grandoa deposit offers a significant near-term lithium development. The new mineralisation was discovered to the west and southwest of the main... 

Orion granted two new prospecting rights at Prieska

By: Natasha Odendaal     4th April 2018 ASX- and JSE-listed Orion Minerals has been granted two prospecting rights over strike extensions across important contiguous areas around the Prieska zinc/copper deposit, in the Northern Cape. The new rights, granted by the Department of Mineral Resources to Orion subsidiaries Vardocube and... 

Hudbay outlines new mine plan for Constancia; global resources dip on depletion

By: Henry Lazenby     3rd April 2018 Canadian base metals producer Hudbay Minerals has released a new technical report on its flagship Constancia mine, in Peru, which lifted the operation’s value, while also extending the mine life. Toronto-headquartered Hudbay said a twin-hole drill programme during the fourth quarter of 2017 had... 

Eldorado Gold updated Greek mine plan reduces 'footprint'

By: Reuters     30th March 2018 Canada's Eldorado Gold filed a new technical report for its contentious Skouries gold mine project, in Greece, on Thursday, which said it "significantly" reduces the development's environmental footprint. The miner, which also filed updated reports for projects in Turkey and Canada, took a tough... 

Legislative amendments call for suitable PDS solutions

By: Paige Müller     30th March 2018 Educating the local mining industry on the correct application of and legislative requirements regarding pedestrian detection system (PDS) solutions is a priority, given the pending implementation of stricter safety regulations, says mine safety equipment supplier Booyco Electronics. Chapter 8 of... 

Transport system ready for implementation in new investment cycle

By: Paige Müller     30th March 2018 Negative investor sentiment in the mining sector over the past four years has slowed the local mining industry’s adoption of a new suspended underground mining transportation system, designed by South African transportation system solutions provider Futran Holdings. Futran Holdings, the developer... 

Massive housing project being developed on historical mining area near Joburg CBD

By: Dylan Slater     30th March 2018 An historical mining area, now known as Fleurhof, on the northern edge of the Witwatersrand basin in the central Rand Goldfield, immediately south-west of the City of Johannesburg (CoJ), is being transformed into a vast new housing development with the help of alternative mining solutions and... 

Massive housing project being developed on historical mining area near Joburg CBD

By: Dylan Slater     29th March 2018 A historical mining area now known as Fleurhof, on the northern edge of the Witwatersrand basin, in the Central Rand goldfield, immediately south-west of the Johannesburg central business district, is being transformed into a vast new housing development with the help of alternative mining... 

Sibanye-Stillwater, Wits partner to digitalise mining industry

By: Nadine James     28th March 2018 Gold miner Sibanye-Stillwater has reaffirmed its commitment to ensuring safer and more productive mines by continuing its ongoing partnership with the University of the Witwatersrand’s (Wits’) Mining Institute with the launch on Wednesday of the Sibanye-Stillwater Digital Mining Laboratory... 

DRDGold shareholders approve WRTRP deal with Sibanye-Stillwater

By: Marleny Arnoldi     28th March 2018 Dual-listed DRDGold’s shareholders on Wednesday voted in favour of all resolutions relating to the company’s proposed acquisition of certain assets at diversified miner Sibanye-Stillwater’s West Rand Tailings Retreatment Project (WRTRP).  

Epiroc ROC family of drill rigs ROC for Booysen Bore

     28th March 2018 “Mobility, flexibility, reliability, efficiency and precision drilling capacity define Epiroc’s ROC family of drilling machines making them the most suitable and up for the task,” states Pieter Malan, General Manager of Booysen Bore Drilling Company, Sishen. This specialist drilling company is... 

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