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Press Office - BME

BME

BME is the leading supplier of explosives to the South African open pit mining and quarrying industry. It offers ground breaking solutions to all its customers and has operations in South Africa, Namibia, Botswana, Zimbabwe, Mali, Swaziland, Sierra Leone, Mauritania, Malawi, Senegal and Zambia. It also trades into Mozambique and the DRC.

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Ramelius outlines merits of its offer for Explaurum

By: Esmarie Iannucci     19th October 2018 Gold miner Ramelius Resources has extended the deadline for its takeover offer of Western Australian explorer Explaurum until November 23, arguing that its takeover offer had merit. Ramelius in September launched an all-scrip bid for Explaurum, offering one of its own shares for every four... 

Mike Eksteen reflects on twenty-fifth anniversary of Kloof Gold accident

By: Nadine James     19th October 2018 October 13 marked the twenty-fifth anniversary of the successful rescue of 150 miners trapped 3 km underground at the Kloof Gold Mine No. 3 sub shaft, in Westonaria, west of Johannesburg. Former Kloof Gold Mine GM Mike Eksteen, who helmed one of the most successful mine rescue operations in South... 

Avesoro New Liberty mineral resources upgrades

19th October 2018 West African gold producer Avesoro Resources has successfully increased the measured and indicated mineral resource at its New Liberty gold mine in Liberia to more than 1.1-million ounces. “The completion of the infill drilling campaign at New Liberty has improved the confidence in the estimated... 

Blasting solutions that take mines into digital age

19th October 2018 As mining companies rapidly shift their strategies and operating models to leverage digital transformation, new technologies in blasting and explosives are making an ever more vital contribution to bottom-line improvements. A combination of market volatility, changing global demand and radically... 

CTC sees increase in surface explosives

By: Erin Steenhoff-Snethlage     19th October 2018 Mpumalanga-based training college Colliery Training College (CTC) has noted an increase in enrolments for surface explosives courses, while the number of enrolments for courses pertaining to underground explosives remains constant, says CTC MD Johan Venter.  

Arcata mine, Peru

By: Sheila Barradas     19th October 2018 A silver/gold mine located in the Department of Arequipa, in southern Peru. 

Shanta revises FY18 production guidance lower

By: Creamer Media Reporter      18th October 2018 Aim-listed Shanta Gold has revised its production guidance for the full-year to about 80 000 oz of gold, compared with the previously targeted 82 000 oz to 88 000 oz, as a result of lower-than-expected mine grades, which have impact on production and increased the per unit cost. The gold miner,... 

Wallbridge adds Excellon's Beschefer to its growth pipeline

By: Mariaan Webb     17th October 2018 TSX-listed Wallbridge Mining has entered into an option agreement to acquire an advanced gold exploration project near its flagship Fenelon gold property. The company announced on Wednesday that it had entered into an option agreement to acquire the Beschefer property from fellow-listed Excellon... 

IDM sinks drills at Red Mountain

By: Creamer Media Reporter      17th October 2018 TSX-V-listed IDM Mining is back drilling at the Red Mountain mine, west of Stewart, British Columbia, announcing on Tuesday that two core rigs had started operating at the underground project, An estimated 7 600 m in over 30 holes are planned for the exploration programme, which will test four... 

Freeport CEO may be ready to sell, but does anyone want to buy?

By: Bloomberg     17th October 2018 Freeport-McMoRan’s annual LME Week party is usually an opportunity for CEO Richard Adkerson to hobnob with the traders and consumers who buy copper from his mining company. At this year’s event, he was surrounded by investment bankers. With its biggest stock overhang – a deal around its... 

Chile's State copper firm outlines lifeline plan for Salvador mine

By: Reuters     17th October 2018 Chile's State copper miner, Codelco, has submitted an environmental impact assessment of its plans to overhaul its aging Salvador deposit that would sharply increase its production and extend its life by 40 years. The Rajo Inca project would convert the existing mine, which has been in operation... 

Oyu Tolgoi underground production delay announced

By: Mariaan Webb     16th October 2018 The $5.3-billion underground project at the Oyu Tolgoi copper/gold mine, in Mongolia, remains on schedule to be completed by 2022, but operator Rio Tinto has flagged a nine-month delay in achieving sustainable production. Rio Tinto-owned Turquoise Hill, which holds the giant mine in a 66:34... 

Northern Star sinks funding into Pogo

By: Esmarie Iannucci     16th October 2018 ASX-listed gold miner Northern Star will spend between A$15-million and A$20-million on exploration and drilling activities at its newly acquired Pogo project, in Alaska. The company on Tuesday reported a Joint Ore Reserves Committee (Jorc) compliant resource of 8.8-million tonnes, grading 14.7... 

Cradle Arc’s Thakadu mining licence extended to May 2020

By: Marleny Arnoldi     15th October 2018 Aim-listed copper and gold miner Cradle Arc has been granted an extension on its mining licence by the Botswana Ministry of Mineral Resources, Green Technology and Energy Security. The licence is now valid until May 31, 2020, and covers 28.5 km2, which includes the Thakadu openpit and adjacent... 

Azure has received strong interest in Mexico zinc project

By: Esmarie Iannucci     15th October 2018 The Oposura zinc/lead/silver project, in Mexico, would cost some A$69.9-million to develop, a scoping study has revealed. ASX-listed Azure Minerals on Monday revealed that the project could produce 19 000 t/y of zinc, 10 000 t/y of lead and 145 000 oz/y of silver, over an initial mine life of... 

Stonewall reveals South Africa gold project numbers

By: Esmarie Iannucci     15th October 2018 A scoping study into the Theta Hill opencut gold project, in South Africa, has shown that the project could support a production of 67 000 oz/y over a near eight-year mine life. ASX-listed Stonewall Resources said that the scoping study was based on a Joint Ore Reserves Committee compliant... 

Evolution’s quarterly gold output dips, costs rise

By: Esmarie Iannucci     15th October 2018 Gold miner Evolution Mining has reported another solid quarter, producing 200 218 oz during the three months to September. The September quarterly production was slightly below the 202 254 oz produced in the June quarter. 

Fire still burning at Peabody’s North Goonyella

By: Esmarie Iannucci     12th October 2018 US coal producer Peabody has issued force majeure notices to coal customers and certain of its vendors at the North Goonyella mine, in Queensland, as the company continues to work to extinguish a fire. The US miner at the start of last week started implementing a multi-tiered plan to extinguish... 

Shanta looking to positive future in Tanzania

By: Erin Steenhoff-Snethlage     12th October 2018 Amid recent changes to Tanzanian mining legislation that has emphasised localisation, Guernsey-based East Africa gold producer Shanta Gold remains optimistic about its future mining prospects in the country, says Shanta Gold CEO Eric Zurrin. “The new legislation has worked in our favour, as we... 

SA HIPPO in big demand for USA Coal Mines

By: Creamer Media Reporter      11th October 2018 Due to President Donald Trump insisting that USA international companies, such as General Motors, bring their manufacturing activities back to the USA it is expected that a shortage of electrical power would be experienced. Several USA coal mines that have been closed for the last 20 years, most... 

Minto idled as Pembridge struggles to close acquisition

By: Mariaan Webb     11th October 2018 LSE-listed Pembridge said on Thursday that it would renegotiate the acquisition terms for the Minto openpit mine and that Capstone Mining would implement a phased care-and-maintenance programme at the Canada-based mine until the acquisition can be closed. Pembridge stated that market conditions... 

Vast granted licence for Baita Plai mine

By: Mariaan Webb     11th October 2018 Romania has granted Aim-listed miner Vast Resources a licence to operate the Baita Plai mine, paving the way for the company to reopen the polymetallic mine that was placed on care-and-maintenance in 2013. Vast, which this week announced that The National Agency for Mineral Resources had approved... 

Extending the life of mine beyond its life as a mine

11th October 2018 The last thing on the minds of workers at the oldest-known mine on archaeological record some 43,000 years ago in Swaziland was what their mine might become long after their tools had been put away. Fast forward to today, and the transformation from active mine to mine closure is a C-level... 

A$60m Mt Carlton underground mine wins board approval

By: Esmarie Iannucci     11th October 2018 The board of gold miner Evolution Mining has approved the A$60-million development of the Mt Carlton underground mine, in Queensland. The miner on Thursday told shareholders that the start of the underground development would require regulatory approvals, and submissions to the Department of... 

MSA Africa launches new Workman® tripods for confined-space entry

10th October 2018 A leading manufacturer of high-quality safety solutions for hazardous environments such as mining, MSA Africa used Electra Mining Africa 2018 to display some of its latest products. These included the Workman® range of tripods, which are used specifically to facilitate confined-space entry via... 

BHP aims to restart Olympic Dam copper facility this month

By: Reuters     10th October 2018 BHP expects a plant at its Olympic Dam mine to restart this month following repairs and the company has found a way to deliver returns from the asset as part of a focus on maxmising productivity, its head of Australian operations said on Tuesday. "The expectation remains that we'll have that... 

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... 

Venturex eyes A$169m copper/zinc mine in Pilbara

By: Esmarie Iannucci     10th October 2018 The definitive feasibility study (DFS) into the enlarged Sulphur Springs copper/zinc project, in the Pilbara, has estimated a capital requirement of A$169-million, to develop a 1.25-million-tonne-a-year operation. Based on the base-case scenario, Sulphur Springs would produce some 65 000 t/y of... 

Codelco plans to raise $1bn in 2019

By: Reuters     10th October 2018 Chile's State-owned miner Codelco, the world's largest copper producer, plans to raise up to $1-billion next year to help finance the overhaul of its existing mines, chairperson Juan Benavides said on Tuesday. Benavides also said the company was looking at exploration projects in Brazil, Ecuador... 

SA HIPPO goes big at the 2018 SASSDA Awards

By: Creamer Media Reporter      9th October 2018 Introduction In view of the success of the HIPPO Slurry pump and pumping systems range HAZLETON PUMPS® has entered into six of the categories for 2018 SASSDA awards; namely: 

Weatherly restarts process to review strategic options

By: Creamer Media Reporter      8th October 2018 Namibian base metals miner Weatherly International has restarted the process of reviewing its strategic options, including the possible sale of some of its subsidiaries or assets. The process will be led by Numis Securities and Treadstone Resource Partners. 

Climate crisis spurs UN call for $2.4tn fossil fuel shift  

By: Bloomberg     8th October 2018 The world must invest $2.4-trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations. Their report published Monday adds pressure on... 

North Mara mine drives Acacia’s increased FY guidance to more than 500 000 oz

By: Marleny Arnoldi     8th October 2018 Africa-focused gold miner Acacia Mining has increased its full-year production guidance to more than 500 000 oz, from between 435 000 oz and 475 000 oz previously, owing to strong production of 391 000 oz gold in the nine months ended September 30. Acacia interim CEO Peter Geleta stated on... 

Strongbow appoints Osisko’s Njegovan to its board

By: Creamer Media Reporter      8th October 2018 Vancouver-based Strongbow Exploration has appointed Osisko Mining VP for new business development, Don Njegovan, to its board of directors to replace John Burzynski, who stepped down on Friday. Burzynski will join the company’s technical advisory committee. 

Provincial enviro nod for IDM’s Red Mountain

By: Mariaan Webb     8th October 2018 The Red Mountain gold and silver underground mine, in the Nass Wildlife area of British Columbia, is one step closer to development, with the provincial government granting the project environmental approval. Environment and Climate Change Strategy Minister George Heyman and Energy, Mines and... 

Edna May continues as stand-out for Ramelius

By: Esmarie Iannucci     8th October 2018 Gold miner Ramelius Resources has reached its production targets in the three months to September, producing 51 428 oz of gold. The miner on Monday said that the quarterly production was well within the guidance of 50 000 oz to 54 000 oz set out for the quarter.  

Village Main Reef, three unions conclude wage agreement

By: Simone Liedtke     5th October 2018 Village Main Reef has concluded a wage agreement with the National Union of Mineworkers (NUM), Solidarity and Uasa in respect of wages and conditions of service for the period from July 1, 2018, to June 30, 2021. The Association of Mineworkers and Construction Union (AMCU) is still considering... 

Resolute hedges more gold for Ravenswood expansion

By: Esmarie Iannucci     5th October 2018 Gold miner Resolute Mining has hedged another 35 000 oz of gold, at an average price of A$1 728/oz, taking advantage of the strong Australian dollar gold price to support the expansion project at its Ravenswood mine. The miner on Friday said that the additional 35 000 oz is scheduled for monthly... 

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