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New technology boost for African mining 

By: Martin Creamer     26th January 2021 The key to unlocking value of Kabanga Nickel and enabling the full beneficiation of new era metals in Tanzania itself is an environment-friendly hydrometallurgy process that eliminates smelting and thus slashes the need for electricity. The Kabanga Nickel Hydromet process takes ore to refined... 

New technology boost for African mining
Kabanga Nickel's value unlocked by innovative technology.

Wescoal CEO resigns, efforts continue to diversify customer base  

By: Marleny Arnoldi     26th January 2021 JSE-listed Wescoal has announced the resignation of Reginald Demana as CEO, citing personal reasons. Demand will step down at the end of June and has committed to assist in an orderly handover of duties, the coal miner said in a statement late on Monday.  

Wescoal CEO resigns, efforts continue to diversify customer base
Reginald Demana has resigned as Wescoal CEO

Sibanye boosts investment in tertiary education 

By: Simone Liedtke     Updated 7 hours ago Dual-listed Sibanye-Stillwater has committed to invest a further R33-million in tertiary education aimed at bolstering mining research and development in South Africa. The gold and platinum miner has extended and increased its existing partnerships with the University of Johannesburg (UJ) and... 

DRDGold’s Campbell to step down in November

By: Donna Slater     Updated 7 hours ago Gold miner DRDGold nonexecutive chairperson Geoffrey Campbell will not stand for re-election to the board when his current contract expires on November 30. Announcing the decision on Tuesday, Campbell said that DRDGold’s attention was focused on southern Africa, and as a subsidiary of... 

First Quantum copper output hits record

By: Donna Slater     Updated 7 hours ago TSX-listed First Quantum Minerals has achieved its highest ever yearly copper production, with output rising by 11% to 779 000 t in 2020. The company reported record-breaking production at Sentinel, in Zambia, and said that its other operations were resilient, particularly Cobre Panama, in... 

Liberia sees $800m ArcelorMittal investment this year

By: Bloomberg     26th January 2021 Liberia’s government expects talks with ArcelorMittal to yield an agreement to invest $800-million in the West African nation, President George Weah said. Talks with the steelmaker about amending a so-called Mineral Development Agreement have made “significant progress,” Weah said in an address... 

Liberia sees $800m ArcelorMittal investment this year

Transitioning fossil-fuel labour forces into new sectors critical for ‘clean, just energy transitions’

By: Terence Creamer     Updated 7 hours ago The chair of a new global commission established to offer governments guidance on making their energy transitions more “people-centred” says that the creation of green jobs and the transitioning of existing fossil-fuel labour forces into new sectors will be “key factors for a clean, just energy... 

Transitioning fossil-fuel labour forces into new sectors critical for ‘clean, just energy transitions’

Trump gave Israeli billionaire Dan Gertler sanctions reprieve

By: Bloomberg     26th January 2021 Sanctioned Israeli billionaire Dan Gertler can once again access the US financial system after the Treasury Department approved an authorisation in the waning days of the Trump administration. The US sanctioned Gertler and his companies in 2017 for allegedly corrupt mining and oil deals in the... 

Trump gave Israeli billionaire Dan Gertler sanctions reprieve
Dan Gertler

South African law team advises Saudi Arabia on mining legislation

By: Simone Liedtke     26th January 2021 A South African mining law team, led by Herbert Smith Freehills’ Johannesburg partner and Africa cochair Peter Leon, has advised Saudi Arabia’s Ministry of Industry and Mineral Resources on implementing regulations and guidelines supporting the recently promulgated New Mining Investment Law,... 

Aton appoints Egypt country manager

By: Creamer Media Reporter      26th January 2021 TSX-V-listed Aton Resources has announced the appointment of Dr Sherif Sousa as its new Egypt country manager. Sousa’s career in Egypt’s oil, gas and mining industries span more than 40 years. He was the first chairperson of the Egyptian Mineral Resources Authority and was instrumental in the... 

Rainbow enhances senior project development team

By: Tasneem Bulbulia     26th January 2021 Aim-listed Rainbow Rare Earths has appointed Chris le Roux as lead process consultant and Charles Graham as lead project manager. Le Roux is a process engineer, with significant experience and an in-depth knowledge of numerous technical processing operations, the company noted. 

Lion moves closer to restarting graphite production in Madagascar

By: Tasneem Bulbulia     26th January 2021 Mineral exploration and development company Global Li-Ion Graphite (Lion) is moving closer to restarting graphite production in Madagascar, where it owns the Ambato-Arana project. The Vancouver-based company said this week that it aimed to restart graphite production during the course of 2021. 

Power Metal to add to Ontario gold properties

By: Marleny Arnoldi     26th January 2021 Aim-listed Power Metal Resources has signed an option agreement to acquire a 100% interest in four separate gold exploration properties located in the prospective Hemlo and Schreiber area of Ontario, Canada. The four option properties are located within 100 km west or southwest of the company's... 

Russia's gold production down 7% y/y to 314 t in Jan to Nov

By: Mariaan Webb     26th January 2021 Russia produced 314.41 t of gold from January to November, down from 337.26 t during the same period in 2019, the finance ministry said on Tuesday. The country also produced 873.90 t of silver during the first 11 months of the year, a figure lower than the 903.72 t produced over the same period... 

Petropavlovsk lifts 2020 production by 6%

By: Simone Liedtke     26th January 2021 LSE-listed gold miner Petropavlovsk delivered a 6% year-on-year production increase in 2020 and, although missing its guidance, its output was still broadly in line with market expectations. The Russia-focused miner produced 548 100 oz in the year, compared with 517 300 oz in 2019. 

Petropavlovsk lifts 2020 production by 6%

Rambler to step up copper output this year

By: Marleny Arnoldi     26th January 2021 Aim-listed Rambler Metals and Mining has produced 3 769 t of saleable copper for the full year ended December 31, 2020, despite scaling back operations to 50% capacity in March. In response to the collapse of the copper price in March last year, Rambler scaled back operations and cut production... 

Eskom approaches court to have R23bn equity injection added back this year 

By: Terence Creamer     26th January 2021 State-owned electricity utility Eskom will make the case later this month for the immediate execution of a High Court order stipulating that an amount of R23-billion stripped unlawfully from its allowable revenue in 2019 by the National Energy Regulator of South Africa be added back during its... 

Eskom approaches court to have R23bn equity injection added back this year

Yamana hoped for slightly higher production in 2020

By: Mariaan Webb     26th January 2021 Canadian gold miner Yamana produced 901 155 gold-equivalent ounces (GEOs) in 2020, which, although exceeding the group’s original guidance of 890 000 GEOs, was below the set point of the revised guidance of 915 000 GEOs. The slightly lower-than-hoped-for production, although still within the... 

Yamana hoped for slightly higher production in 2020
Yamana president and CEO Daniel Racine

First sale of the year was ‘excellent’, says Canadian diamond miner

By: Mariaan Webb     26th January 2021 Canadian diamond miner Mountain Province has seen confidence among rough diamond buyers return, spurring hope that a rebound is taking hold in an industry that has been crippled by the global pandemic. “The first sale of the year was excellent,” said CEO Stuart Brown. “The growing confidence... 

First sale of the year was ‘excellent’, says Canadian diamond miner
The Polaris diamond appears colourless in daylight, but under ultraviolet light its deep blue colour, as pictured, is reminiscent of the northern lights seen overhead on clear winter nights in the Canadian Arctic.

KORE spin-out Karus Gold comes to life

By: Mariaan Webb     26th January 2021 TSX-V-listed KORE mining has successfully spun out its Cariboo gold district exploration assets into Karus Gold, which will focus on the FG Gold and Gold Creek projects in British Columbia. KORE CEO and Karus director Scott Trebilcock said on Monday that the company was well positioned with a... 

KORE spin-out Karus Gold comes to life

Canada miners listed among world’s most sustainable corporations

By: Mariaan Webb     26th January 2021 Canada’s Agnico Eagle and Teck Resources have earned themselves places on the Corporate Knights’ latest index of the world’s most sustainable corporations, garnering recognition as leaders in sustainability on a global stage. With an overall score of 60.6%, Agnico Eagle placed seventy-third and... 

Canada miners listed among world’s most sustainable corporations

Harmony on track to meet guidance as Mponeng, MWS contribute to output 

By: Donna Slater     25th January 2021 Harmony Gold says it is on track to meeting its full-year production guidance of between 1.26-million and 1.3-million ounces of gold after having produced 745 347 oz in the six months ended December 31, 2020. The higher gold production was as a result of the integration of the Mponeng and Mine... 

Harmony on track to meet guidance as Mponeng, MWS contribute to output

Diamcor making progress following resumption of operations

By: Simone Liedtke     25th January 2021 TSX-V-listed Diamcor Mining is making “considerable progress” in increasing processing volumes, diamond recoveries and revenues since having resumed operations. Its Krone-Endora at Venetia mine, in South Africa's Limpopo province, had been shuttered for most of 2020 amid Covid-19-related... 

Tulu Kapi financing on track; drilling commences at Hawiah

By: Donna Slater     25th January 2021 Aim-listed gold and copper explorer and developer Kefi Minerals reports that financing for its Ethiopia-based flagship Tulu Kapi gold project remains on track, with the project finance consortium expecting to achieve financial close in March. Production is expected to start in the fourth quarter... 

Shanta achieves 2020 objectives, guidance

By: Tasneem Bulbulia     25th January 2021 Aim-listed Shanta Gold says it achieved its core objectives for 2020, with gold production and costs in line with guidance. The company also "produced another notable safety performance", CEO Eric Zurrin states in a production and operational results release. 

Panthera's West African exploration yielding results

By: Tasneem Bulbulia     25th January 2021 Aim-listed Panthera Resources says preliminary results from recent exploration at the Bassala gold project, in Mali, suggest a large exploration target with over 8 km strike potential. Providing an update on its West African exploration programmes, as well as at the projects owned by its... 

Altus subsidiary awarded Egyptian exploration licences

By: Simone Liedtke     25th January 2021   The Egyptian Mineral Resource Authority (EMRA) has confirmed that Aim- and TSX-V-listed Altus Strategies’ wholly-owned subsidiary Akh Gold will be awarded a number of gold exploration licences in Egypt. 

Turkey plans to produce 100 t/y in 5 yrs - Minister

By: Reuters     25th January 2021 Turkey aims to increase its domestic gold production to 100 t/y or more in the next five years, Energy Minister Fatih Donmez said on Monday. In an interview with broadcaster Bloomberg HT, Donmez said Turkey had produced 42 t of gold in 2020, a record high, and it would produce more in 2021.... 

Turkey plans to produce 100 t/y in 5 yrs - Minister

Zimbabwe seeks to list company holding State mining assets

By: Bloomberg     25th January 2021 Zimbabwe, banking on mining to end two decades of economic stagnation, plans to list the company in which it has placed state mining assets to raise cash to meet government obligations, the nation’s finance minister said. Late last year, the government created Kuvimba Mining House, in which the... 

Eastplats raises C$11.7m to complete projects, grow revenue potential

By: Simone Liedtke     25th January 2021 Dual-listed Eastern Platinum (Eastplats) has issued 36.8-million common shares to raise about C$11.7-million. Net proceeds from the rights offering will be used to complete various projects and grow Eastplats’ revenue potential. 

Arnot OpCo plans safe restart of operations with Covid-19 in mind

By: Donna Slater     25th January 2021 Mpumalanga-based coal miner Arnot OpCo is planning the restart of its operations near Middelburg in a safe and controlled manner that takes into account measures to prevent the spread of Covid-19, at a time when South Africa is battling a second wave of infections. The company says it is not... 

Sale of two large diamonds indicative of industry recovery, says BlueRock

By: Simone Liedtke     25th January 2021 Aim-listed BlueRock Diamonds has sold a 14.8 ct diamond for $167 000. The 14.8 ct diamond was recovered on December 21, 2020, around the same time as the recovery of an 8.7 ct diamond, which was sold for $37 000. 

Ten China gold miners confirmed dead after others rescued; one still missing

By: Reuters     25th January 2021 Eleven Chinese gold miners trapped underground after an explosion were rescued much earlier than expected thanks to steel pipes supporting blockages in the mine shaft, according to state-media, as the search continued for 10 others. An air ventilation shaft, which was the most feasible way to... 

Mavuso stresses importance of implementing structural reform

By: Marleny Arnoldi     25th January 2021 Everyone, from the South African Reserve Bank (SARB) to organised labour can see what must be done to get the country back on a growth trajectory, but little seems to change, CEO Busi Mavuso says in the latest newsletter from Business Leadership South Africa. She welcomes SARB governor Lesetja... 

Katco JV has 128 positive Covid-19 cases

By: Creamer Media Reporter      25th January 2021 The Katco joint venture (JV) between Kazatomprom and Orano Mining has suspended noncore site activities in Kazakhstan, after 128 people tested positive for Covid-19. In a statement on Friday, Kazatomprom said Katco’s sites had been placed under quarantine on orders of health authorities.... 

Evaluation of emergency-power bids ‘by February’, with renewables bidding to open in ‘first quarter’ 

By: Terence Creamer     25th January 2021 The evaluation of the 28 bids received under South Africa’s Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) is anticipated to be concluded by February 2021, the IPP Office has confirmed with Engineering News. The preferred bidders, it adds, will be announced as soon as... 

Evaluation of emergency-power bids ‘by February’, with renewables bidding to open in ‘first quarter’

Orion Minerals starts 2021 on a positive note following encouraging drilling results 

By: Simone Liedtke     25th January 2021 Dual-listed Orion Minerals has started 2021 on a positive note with an encouraging set of results from its high-impact exploration drilling programmes targeting near-mine and regional volcanogenic massive sulphide (VMS) copper/zinc and nickel/copper targets around its flagship Prieska copper/zinc... 

Mining tycoon Steinmetz sentenced to 5 years in jail in bribery case

By: Bloomberg     25th January 2021 Israeli diamond and mining tycoon Beny Steinmetz was found guilty of bribing a public official to secure an iron-ore mine in Guinea worth billions of dollars. Steinmetz was sentenced to five years by Judge Alexandra Banna in a Geneva court Friday. He was partially acquitted on forgery charges in... 

Mining tycoon Steinmetz sentenced to 5 years in jail in bribery case
Diamond and mining tycoon Beny Steinmetz

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