R/€ = 18.94 Change: 0.20
R/$ = 16.26 Change: 0.14
Au 1880.50 $/oz Change: -0.32
Pt 847.16 $/oz Change: -24.37

Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744


South32 says Hermosa PFS delayed to next year

19th October 2020 Diversified miner South32 has pushed out the completion of a prefeasibility study (PFS) for the Taylor deposit at the Hermosa base metals project, in Arizona, to the June 2021 half-year. The miner initially aimed to have a PFS for Taylor completed in the September quarter of this year. South32... 

Lundin suspends Candelaria operations on pending strike

19th October 2020 Mediation with the Candelaria AOS Union has failed and the 550 workers who are affiliated with the union at the Candelaria mine, in Chile, will down tools on Tuesday. This is the second union that is downing tools, with the Candelaria Mine Workers Union continuing with its labour action, which... 

Nevada Copper appoints acting CEO as Covid scuppers Spencer’s relocation plans

16th October 2020 Toronto-listed Nevada Copper has appointed former Glencore executive Mike Ciricillo as acting CEO to take over from Evan Spencer. The company explains that Covid-19-pandemic-related delays in obtaining work permits have restricted the ability of Spencer – an Australian mining executive – to... 

Canada orders security review of Shandong’s Hope Bay buy

16th October 2020 The Federal Cabinet of Canada has ordered a national security review of China-based Shandong Gold’s acquisition of TMAC Resources, which owns the Hope Bay property in Nunavut. TSX-listed TMAC says it believes the transaction has a strong overall net benefit to Canada and that it does not pose a... 

Cornerstone says SolGold’s hostile bid fails

16th October 2020 TSX-V-listed Cornerstone Capital Resources has claimed victory in defending against a hostile bid from SolGold – its joint venture partner in the Cascabel concession, in Ecuador. Cornerstone said that SolGold’s hostile bid expired on October 14, without any common shares being taken up.... 

Top steel producer commits to zero emissions by 2050

16th October 2020 ArcelorMittal on Wednesday announced a group-wide commitment to being carbon neutral by 2050, building on the commitment made in 2019 for its European business to reduce emissions by 30% by 2030, and be carbon neutral by 2050. “As the world’s leading steel company, we believe we have a... 

Barrick’s third-quarter gold output to fall 11% y/y

15th October 2020 Canada-based gold miner Barrick Gold on Thursday reported preliminary third-quarter gold production of 1.16-million ounces of gold and 103-million pounds of copper – a respective 11% and 8% decrease on its output a year earlier. During the third-quarter, there was no production at the Porgera... 

Endeavour restarts Burkina Faso mine 11 months after roadside attack

15th October 2020 The Boungou gold mine, in Burkina Faso, is operational once more, Toronto-listed Endeavour Mining announced on Thursday. The company has successfully restarted the mine, which it acquired through the Semafo acquisition on July 1, and has confirmed potential synergies of $35-million to... 

Premier posts solid quarterly results

15th October 2020 Canada-based Premier Gold Mines has announced solid production results for the third quarter from its fully-owned Mercedes mine, in Mexico, and its 40%-owned South Arturo mine, in Nevada. Consolidated gold production for the third quarter exceeded 19 000 oz. Mercedes’ 12 183 oz of gold beat the... 

Argonaut to build $380m Ontario gold mine

15th October 2020 The construction of the 123 000 oz/y Magino openpit gold mine, near Wawa, Ontario, has been approved, Toronto-listed Argonaut Gold announced on Wednesday. A two-year construction period will get under way in January 2021, with first gold expected in early 2023. The 2017 feasibility study... 


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