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Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Areas of uncertainty in generally lauded Mining Charter could raise compliance costs

7th June 2019 Although Mining Charter III has resulted in greater collaboration between stakeholders across the mining industry, while taking into account the realities facing the industry, areas of uncertainty remain and these are likely to raise compliance costs. This was discussed during a Webber Wentzel... 

Bauba prospecting right accepted, enviro authorisation granted

6th June 2019 The Department of Mineral Resources and Energy has accepted JSE-listed Bauba Platinum’s application for a prospecting right in respect of chrome and platinum group metals (PGMs) over the farm Hartebeesfontein 445JQ, in Brits, in the North West. The prospecting right is expected to be granted... 

Growthpoint completes Exxaro’s new corporate headquarters in Centurion

6th June 2019 Growthpoint Properties has completed its R600-million development of Exxaro’s new head office, opposite the Centurion Gautrain Station. The building integrates P-grade aesthetics and finishes and high-performance workspace. 

IronRidge completes Zaranou due diligence

6th June 2019 Aim-listed and Africa-focussed minerals exploration company IronRidge Resources on Thursday announced that it had completed due diligence over the Zaranou gold project, in Côte d'Ivoire, and that its joint venture agreement with GeoServices Côte d'Ivoire and Atlas Resources was now unconditional.... 

Parsons warns of possible ‘technical recession’ after first-quarter GDP contraction

4th June 2019 South Africa’s gross domestic product (GDP) is unlikely to grow by more than about 1% this year, North West University Business School economist Professor Raymond Parsons said on Tuesday, following the announcement by Statistics South Africa (Stats SA) that GDP had contracted by 3.2% in the first... 

Anson produces battery quality lithium carbonate

3rd June 2019 Shares in ASX-listed Anson Resources soared on Monday after the company announced that it had produced about 1 kg of battery quality lithium carbonate from brine sourced from its Paradox brine project near Utah, in the US. The sample was produced using a dedicated and advanced ion exchange (IX)... 

Australia’s minerals exploration on a stronger footing than a year earlier

3rd June 2019 Australia’s mineral exploration has had a stronger start to 2019 than 2018, despite recording a quarter-on-quarter decrease in expenditure and metres drilled in the first three months of the year. Mineral exploration expenditure fell 16.1% to A$497.5-million for the March quarter, with metres... 

Lulo diamonds sell for $10m

3rd June 2019 ASX-listed diamond miner Lucapa on Monday announced that its latest sale from the Lulo alluvial mine, in Angola, had achieved gross revenues of $10-million, representing an average price of $1 800/ct. This took total half-year sales of Lulo diamonds to $22.1-million, achieving an average price of... 

Nevada Copper closes $115m finance for Pumpkin Hollow

3rd June 2019 TSX-listed copper developer Nevada Copper has reached financial close for a previously announced $115-million credit facility with KfW IPEX-Bank. The net proceeds of drawdown will be used to advance the construction and development of the company’s 100%-owned Pumpkin Hollow underground copper... 

Metal Tiger invests further $1.1m in Kalahari Metals

31st May 2019 Aim-listed Metal Tiger has invested a further $1.1-million into Botswana-focused explorer, Kalahari Metals. The investment will be satisfied from existing cash resources. 

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