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Mariaan Webb

Mariaan Webb

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Agnico investment propels Maple Gold stock to 52-week high

15th October 2020 The share price of gold junior Maple Gold Mines rose 18% higher on Wednesday, as the company closed a C$6.2-million strategic investment from gold producer Agnico Eagle. The investment was completed at C$0.239 an unit, and gave Agnico about 12.8% of Maple’s issued and outstanding common shares.... 

Anglo Asian to lower guidance on Azeri-Armenian conflict

14th October 2020 London-listed Anglo Asian has started to reap the benefits of the actions that it took in the first half of the year to improve production, but warned on Wednesday that the conflict between Azerbaijan and Armenia would likely result in a lower guidance for the year. The miner, which produces... 

Sept quarter demonstrates what Fruta del Norte is capable of – Hochstein

14th October 2020 The Fruta del Norte gold mine, in south-east Ecuador, has produced 94 250 oz of gold in the three months ended September – its first full quarter of operations. About 66 790 oz were produced as concentrate and 27 460 oz as doré, Toronto-listed Lundin Gold reported on Tuesday. 

Niobay puts three scenarios on the table for James Bay

14th October 2020 Exploration and development company Niobay Metals has sketched three potential scenarios – an openpit, an underground and a hybrid scenario – for the James Bay niobium project, in northern Ontario, each delivering robust returns and strong economic opportunities. For a 30-year mine producing an... 

Oyu Tolgoi achieves Copper Mark

13th October 2020 The Oyu Tolgoi mine, in Mongolia, has been awarded the Copper Mark – the industry's new responsible production programme. Oyu Tolgoi has met more than 30 criteria for responsible environmental, social and governance (ESG) operating practices, Rio Tinto-controlled Turquoise Hill said on Tuesday.... 

Orosur receives exploration funds for Newmont/Agnico-backed Anza

13th October 2020 Monte Aguila – the new name for Newmont Colombia, which is 50:50 owned by Newmont and Agnico-Eagle – has paid P$2.52-billion (about $650 000) to dual-listed Orosur Mining to fund exploration at the Anza project, in Colombia. Orosur says its Colombian subsidiary, Minera Anza, and Monte Aguila... 

Hudbay’s 777 mine suspended after skip incident

12th October 2020 Base metals miner Hudbay Minerals has suspended operations at its 777 mine, in Flin Flon, Manitoba, after a skip fell to the bottom of the shaft during routine maintenance. No one was injured in the incident and all underground personnel were safely evacuated from the mine using a secondary ramp... 

Gold industry needs further consolidation, says Barrick’s Bristow

9th October 2020 The gold industry still has a mismatch of assets in too many managers’ hands and is in need of further consolidation, says gold major Barrick CEO Mark Bristow. Speaking at the virtual Gold Forum Americas conference, he said that the industry had come a long way in 18 months, but that the job was... 

Agnico Eagle and Maple to form JV in Quebec

8th October 2020 Gold producer Agnico Eagle on Thursday announced an investment in TSX-V-listed Maple Gold Mines and the planned creation of a joint venture (JV) to combine two adjacent projects into a consolidated joint property package in the Abitibi region of Quebec. The news sent Maple’s share price up 30%... 

Erris stock surges on Zinnwald acquisition

8th October 2020 The share price of Erris Resources rose by as much as 80% on London’s Aim on Thursday as the company resumed trading on the stock exchange, following last week’s news that it would buy the late-stage Zinnwald lithium project, in Germany. Erris announced on Thursday that it had agreed terms with... 

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