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Mariaan Webb

Mariaan Webb

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

SolGold jumps in London as Ecuador referendum is rejected

21st June 2019 Copper/gold developer Solgold traded 22% higher on the London Stock Exchange on Friday, following news that the Constitutional Court in Ecuador had dismissed a petition for a mining referendum that would have affected its Cascabel project. It is understood that the court rejected the petition on... 

Court dismisses Ecuador mining referendum petition

20th June 2019 The share prices of SolGold and Cornerstone Capital Resources rose sharply in Canada on Thursday afternoon, following an announcement that the Ecuador mining referendum petition had been dismissed. TSX-V-listed Cornerstone, which is a partner in the significant Cascabel copper/gold project with... 

Taseko getting its Florence ducks in a row

20th June 2019 Vancouver-headquartered Taseko Mines have the three key initiatives – technical, permitting and financing – all aligned for its Florence copper project, in the US state of Arizona, to be construction-ready in the first half of next year, president Stuart McDonald reported on Thursday. On the... 

Savannah now has full ownership of Portugal lithium project

20th June 2019 Aim-listed Savannah Resources has full ownership of the Mina do Barroso project, following the $11.9-million buyout of minority shareholders in the Portugal lithium project. The remaining 25% interest was acquired from minority shareholders, including resource investment specialist Slipstream... 

Northern Dynasty secures interim financing for Pebble

19th June 2019 TSX-listed Northern Dynasty on Wednesday announced that it had secured interim financing to continue with its objective of securing a positive record of decision in the Pebble environmental impact assessment, while negotiations were “actively” ongoing for more substantial and long-term financing... 

Peabody and Arch Coal unite against gas, renewables onslaught

19th June 2019 US coal miners Peabody and Arch Coal on Wednesday announced that they would combine their Powder River Basin and Colorado assets in what they describe as a “highly synergistic” joint venture (JV) aimed at strengthening the competitiveness of coal against natural gas and renewables. The JV was... 

Jaguar Mining to raise $25m in equity offering

19th June 2019 The share price of TSX-listed Jaguar Mining rose 42% on Tuesday, following a proposed nonbrokered private placement in which the company will seek to raise up to $25-million. The shares would be offered at a discounted C$0.085 each, the Brazil-focused gold junior said, noting that its last... 

Pala buys Cobalt 27 for C$501m, creates Nickel 28

18th June 2019 Battery metals streaming company Cobalt 27 Capital has agreed to be bought by private equity firm Pala Investments in a deal that values the TSX-V-listed company at C$501-million. Under the terms of the transaction, announced on Tuesday, Cobalt 27 shareholders would receive C$5.75 a common... 

Copper seen as key to South Australia achieving growth target

18th June 2019 South Australia’s mining industry is rising to the challenge of bringing new copper supply to the market, with mines expanding, new ones opening and projects pushing through the pipeline, Energy and Mining Minister Dan van Holst Pellekaan said at a conference in Adelaide on Tuesday. In an... 

First copper from Cobre Panama sets sail

18th June 2019 Canadian miner First Quantum celebrated a significant milestone at its newest copper mine last week with the first shipment of 31 200 t of concentrate leaving the Punta Rincon port under a Panamanian flag vessel. First Quantum invested $6.3-billion in the new mine, which is forecast to produce... 

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