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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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Interim rig to speed up development at Galantas’ Ireland mine

By: Mariaan Webb     20th April 2018 An interim tunnelling rig at the Omagh gold mine, in Ireland, should accelerate underground development, with the company about ten weeks away from reaching the Kearney vein system. Dual-listed Galantas Gold is developing the underground mine at Omagh, where openpit operations ceased five years... 

On-The-Air (20/04/2018) 

By: Martin Creamer     20th April 2018 South Africa is expected to play an important role in a large new multi-billion-rand potash project in the Republic of Congo. Wonderful news for platinum is that mining equipment driven by a fuel cell is scheduled to make a game-changing debut underground next year. Mining giant Glencore has... 

Diamond miner Alrosa’s first-quarter production slumps

By: Mariaan Webb     20th April 2018 Diamond miner Alrosa on Friday reported a 17% year-on-year decrease in its first-quarter production, as the shutdown of the Mir underground division weighed on its performance and lower-grade ores were processed from the Jubilee pipe. The miner produced 7.42-million carats in the quarter,... 

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... 

Companies reach shaft sinking milestones

     20th April 2018 Multinational mining company Turquoise Hill Resources’ Oyu Tolgoi copper/gold mine in Mongolia, has achieved significant underground development milestones with the completed sinking of two shafts this year. The Oyu Tolgoi, one of the world’s largest new copper/gold mines, is located in the South... 

ARC OF DEPERATION:

By: Martin Creamer     20th April 2018 An underground miner in El Callao, Venezuela's capital of legal and illegal gold mining in the Arco Minero del Orinoco, which concerned observers have dubbed the Arc of Desperation. It is a region where soldiers keep watch behind sandbags or roam with balaclava-covered faces and rifles in hand.... 

Australian-listed firm applies for permit to mine in Wits basin

By: Nadine James     20th April 2018 ASX-listed exploration and development company West Wits Mining announced last week that it had submitted two mining permit applications for the Witwatersrand Basin project (WBP) to the Department of Mineral Resources (DMR), and that the company remains on schedule to lodge the WBP’s full mining... 

Pallancata mine, Peru

By: Thabi Madiba     20th April 2018 A silver and gold mine located in the Ayacucho region in the south of Peru. 

Letšeng mining lease to be extended – Gem

By: Anine Kilian     19th April 2018 The Lesotho government has announced its intention to renew JSE-listed Gem Diamonds’ Letšeng mining lease until 2034. The mining lease may be further extended if necessary in relation to any underground development of the mine thereafter. 

Acacia reports lower Q1 adjusted net earnings, but maintains FY production target

By: Marleny Arnoldi     19th April 2018 Tanzanian gold miner Acacia Mining reported adjusted net earnings of $7-million for the quarter ended March 31, which is 73% lower than the $26.8-million adjusted net earnings reported for the first quarter of 2017.  

Resources Watch  

     19th April 2018 This week: Strong rand eroding South African gold mines’ margins And, underground rail transport at local mines not being prioritised 

Evolution hits record low costs

By: Esmarie Swanepoel     19th April 2018 Gold miner Evolution Mining has reported record low all-in sustaining costs of A$768/oz, with gold production also increasing slightly. Gold production during the three months to March was up to 191 474 oz, compared with the 186 488 oz produced in the previous quarter, with the Ernest Henry and... 

South32 hikes manganese guidance, lowers coal forecast

By: Esmarie Swanepoel     19th April 2018 Diversified miner South32 has increased its manganese production guidance from its Australia and South African operations to take advantage of farourable market conditions. The company increased its production guidance at the Australia manganese operations by 6% to 3.30-million tonnes and its... 

Relations sour at giant copper pit with automation looming

By: Bloomberg     19th April 2018 Just as labour tensions ease at BHP Billiton’s giant Escondida mine, the copper industry has another iconic mine to worry about. Relations between the world’s largest copper producer, Codelco, and unions in its Chuquicamata division have reached the lowest point in years as the mine transitions... 

Downer EDI awarded A$660m Carrapateena contract

By: Esmarie Swanepoel     17th April 2018 Copper/gold miner Oz Minerals has awarded a A$660-million underground mining services contract to project house Downer EDI for the Carrapateena underground mine, in South Australia. The six-and-a-half year contract will comprise all underground mining activity, including site setup and... 

PIC rejects Aton's takeover offer for M&R

By: Reuters     17th April 2018 South Africa's Public Investment Corporation (PIC), the second-biggest shareholder in Murray & Roberts (M&R), said on Monday it had rejected an offer by Germany's Aton to acquire the engineering and construction firm. M&R's biggest shareholder German investor Lutz Helmig's Aton, which owns more... 

Orosur implements cost cutting measures, lowers FY production target

By: Marleny Arnoldi     16th April 2018 TSX- and Aim-listed gold producer Orosur Mining on Monday lowered its production guidance to between 27 000 oz and 30 000 oz of gold, down from the initial 30 000 oz target at its San Gregorio (SG) mine, in Uruguay.  

Amur raises projected earnings forecast

By: Anine Kilian     16th April 2018 Aim-listed Amur Minerals has reported a 78% increase in projected earnings for its Russia-based nickel/copper sulphide Kun-Manie project. The company said on Monday that the projected earnings before interest, tax, depreciation and amortisation (Ebitda) had increased by 78.75% to $2.7-billion,... 

Shanta records maiden profit following strategy implementation

By: Natasha Odendaal     16th April 2018 Aim-listed Shanta Gold turned the profit tide in the year ended December 31, 2017, posting a maiden profit after tax of $4.2-million, compared with the 2016 loss after tax of $8-million. The East Africa-focused gold producer, developer and explorer posted an operating profit for the year of... 

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.... 

Stornoway's lower Q1 output belies Renard's large diamond potential

By: Henry Lazenby     13th April 2018 Quebec’s sole diamond mine owner and operator Stornoway Diamond Corp has reported higher prices during the first quarter ended March 31 for diamonds produced from its Renard mine, which is increasingly showing a tendency to produce large diamonds. A stronger diamond market in general and the sale... 

Services demand in Africa rising

By: Melissa Zisengwe     13th April 2018 Over the past two years, local mining engineering consultancy Ukwazi has registered a rise in demand of between 20% and 30% for its service offering across Africa. The demand can mostly be attributed to the openpit operations across South Africa and Africa, but also to openpit operations... 

Local services provider offers long-term services in Africa

By: Melissa Zisengwe     13th April 2018 Leading turnkey furnace and industrial services provider the Dickinson Group aims to secure more long-term contracts in the outsourced mining services industry in Africa in 2018. According to Dickinson Group sales manager Brighton Mapiku, the company is working on completing three major... 

Roxgold on track with Bagassi South project, ups Yaramoko output

     13th April 2018 Canadian gold miner Roxgold has started construction at the Bagassi South gold project in south-western Burkina Faso, with development progressing according to plan. The environmental and social permitting as well as the compensation activities of the project have been completed. 

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... 

Golden Star to explore potential new gold sites in Ghana

     13th April 2018 Canadian gold miner Golden Star Resources, as part of its exploration strategy for 2018 will focus on understanding the deposits at the Wassa Underground gold mine, continue mineral resource expansion drilling at Prestea Underground gold mine and investigate five new underground targets, all in... 

Ultra-intensive investigation needed to expose intentions of brutal Modikwa killers

By: Martin Creamer     13th April 2018 Mineral Resources Minister Gwede Mantashe has correctly called on police to pull out all the stops in their investigation of the horrific killing of six mineworkers and the injuring of 44 others on April 2, when the bus in which 50 Modikwa Platinum Mine employees were travelling was brutally... 

Lucara recovers 472 ct diamond at Karowe

By: Anine Kilian     12th April 2018 TSX-listed Lucara Diamonds has recovered a 472 ct, top light brown gem diamond in Botswana. It is the third largest diamond recovered from the company’s 100%-owned Karowe diamond mine. 

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.  

Gold Fields to make decision on Chile gold mine next year

By: Reuters     12th April 2018 South African miner Gold Fields will complete preparatory work in 2019 at its Salares Norte project, in northern Chile, and is eyeing potential output of around 345 000 oz/y of gold at the site by the early 2020s, a company executive said. Gold Fields will decide whether to give the go-ahead for... 

European Metals appoints new COO

By: Marleny Arnoldi     11th April 2018 Exploration and development company European Metals announced on Wednesday the appointment of Neil Meadows as COO.  

Deloitte Intelligent Mine

     11th April 2018 The Deloitte Intelligent Mine is groundbreaking solution, which illustrate how digital transformation in mining addresses legacy industry challenges, safety improvements and enabling the required step change in performance. Deloitte has collaborated with a number of leading technology business... 

Barra sets exploration targets at Main Lode

By: Esmarie Swanepoel     11th April 2018 Gold developer Barra Resources has tipped the historic Main Lode gold mine as its priority exploration target for 2018. Forming part of its greater Burbanks gold project, the Main Lode underground mine was abandoned at the start of World War One, and has not been mined since. 

Canadian miners report strong Q1 production

By: Henry Lazenby     11th April 2018 Several Canadian miners have started publishing their production results for the three months ended March 31, reporting a strong start to the calendar year. Toronto-based Kirkland Lake Gold has reported strong first-quarter results, with output growing 13% year-on-year to 147 644 oz of gold. 

Acacia delivers solid Q1 production despite reduced operations

By: Simone Liedtke     10th April 2018 Tanzanian gold miner Acacia Mining achieved a resilient operating performance and delivered solid production of 120 981 oz of gold in the first quarter of the year, which sets it in good stead to deliver against its full-year guidance of between 435 000 oz and 475 000 oz, says Acacia interim CEO... 

Kinross says it remains unaffected by US sanctions on Russia

By: Henry Lazenby     10th April 2018 Canadian miner Kinross Gold said on Monday that a fresh round of US sanctions targeting Russian State officials or connected businesses that were announced on Friday does not affect its Russian operations. The US announced on Friday new sanctions against Russian oligarchs with ties to President... 

Centamin boasts solid start to the year with 14% y/y increase in Q1 output

By: Simone Liedtke     9th April 2018 Gold mining company Centamin boasted a solid start to this year, with a 14% year-on-year increase in gold production, to 124 296 oz, at its flagship Sukari mine, in Egypt. Production for the quarter was, however, lower than planned owing to the transitional zone of the openpit delivering... 

Orion applies for Prieska mining right, lifts project’s mineral resource

By: Anine Kilian     9th April 2018 ASX- and JSE- listed Orion Minerals has applied for a mining right for its Prieska base metals project, in South Africa’s Northern Cape, and has also established a maiden resource of 5.2-million tons for the Vardocube area within the Prieska project area. The resource, which is in the southern... 

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