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

Creamer Media Reporter

Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email:

Petra's shares fall as it announces proposed restructuring

20th October 2020 The share price of London-listed Petra Diamonds fell by nearly 10% on Tuesday morning, as it announced that it had reached an in-principle agreement with its lenders with respect to a long-term solution for the recapitalisation of the group and that it was no longer planning to sell the company... 

Safe Miners Keep Mines Alive

19th October 2020 While we have seen news about cabinless, emissionless underground vehicles and the technological progress is astounding, we are some years away from this becoming the norm. In the interim, we need to safeguard human beings – the life-blood of all mines. Sandvik’s AutoMine Concept Vehicle is able... 

Trash pumps ideal for dirty water with large solids

19th October 2020 Dewatering activities on large construction and infrastructure project sites is not always a simple task. In fact, pumping dirty water containing large amounts of debris calls for a ‘trash pump’, according to Henru Strydom, operations manager at Integrated Pump Rental. “Contractors often find... 

Digitalizing minerals processing for more control

19th October 2020 Mining’s accelerated move toward digital solutions since the outbreak the Covid-19 pandemic is being supported by FLSmidth’s decades of research and development. Terence Osborn, FLSmidth’s director of product and account management for sub-Saharan Africa and the Middle East, highlights that R&D... 

Cameco moves to reset debt maturity profile

19th October 2020 Uranium miner Cameco is taking advantage of the favourable debt capital markets to reset its maturity profile of long-term debt, announcing a private placement of senior unsecured debentures consisting of $400-million of 2.95% senior unsecured debentures, Series H maturing on October 21, 2027.... 

Live expo to demonstrate best practice and safety protocols; restart the exhibitions and events industry

16th October 2020 The exhibitions and events industry was given a lifeline with the announcement by the South African Government that the country was moving to Alert Level 1 of the Risk Adjusted Approach on 21 September 2020. Events could now take place under certain restrictions with a 50% capacity allowed in... 

Global nickel output to fall 7.4% this year

16th October 2020 Global nickel production is expected to decline by 7.4% to 2.19-million in 2020, data and analytics company GlobalData says, citing the temporary suspension of mines caused by the Covid-19 pandemic and the advancement of Indonesia’s export ban. Indonesia’s mine production is expected to fall to... 

Court approves Nemaska Lithium sale

16th October 2020 The Superior Court of Quebec has approved the sale of Nemaska Lithium to a group comprising Orion Mine Finance, Investissement Québec and Pallinghurst, acting through a new entity named Quebec Lithium Partners. The creditors bid, announced in August, emerged from a sale or investor solicitation... 

Equipment ordered for Premier gold mine restart – Ascot

16th October 2020 Toronto-listed Ascot Resources has signed an agreement for the delivery of the semi-autogenous grinding (SAG) and ball mills, which is critical path, long lead time equipment required in the refurbishment of the concentrator facility for restarting the past producing Premier gold mine, in British... 

First gold pour at Castle Mountain

16th October 2020 Miner Equinox Gold has poured first gold from its Castle Mountain gold mine in California. "Pouring first gold at Castle Mountain, our newest producing mine in the Americas and our second operating mine in California, launches what will be a long-life flagship asset for the company," commented... 


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