R/€ = 15.66 Change: 0.00
R/$ = 13.90 Change: 0.00
Au 1415.48 $/oz Change: 0.07
Pt 842.09 $/oz Change: 3.20

Tasneem Bulbulia

Tasneem Bulbulia

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

Tel: +2711 622 3744


Vedanta granted stay on sale of KCM assets

27th June 2019 Diversified miner Vedanta Resources says Lusaka High Court presiding judge Justice Annes Banda-Bobo on Wednesday granted it an order to stay the powers of the Konkola Copper Mines (KCM) provisional liquidator to sell or dispose of KCM’s assets through public tender, or to make any arrangements... 

ZIOC preparing to capitalise on improved iron-ore environment

27th June 2019 Aim-listed Zanaga Iron Ore Company (ZIOC) had made considerable progress at its Zanaga iron project, in Congo-Brazzaville in 2018. Reporting on the company’s results for the year ended December 31, 2018, on Thursday, ZIOC stated that the environment for tier one iron-ore projects had also... 

Edenville starts mining at northern area of Rukwa

27th June 2019 Aim-listed Edenville Energy has started mining operations at the new northern area of its flagship Rukwa coal project, in Tanzania, and has also recorded a number of other recent project developments. This start of mining follows the completion of the work carried out on the haul road which runs... 

Major drill targets confirmed at Katoro’s Haneti nickel project

26th June 2019 There are indications that Aim-listed Katoro Gold’s 75%-owned Haneti nickel project, in Tanzania, could host a chonolith-type nickel sulphide deposit. The company would, therefore, push ahead with preparations for a fully funded drilling programme at the two key targets, Mihanza Hill and Mwaka... 

OroTree will not exercise right to acquire ERPM mining infrastructure assets

26th June 2019 Dual-listed DRDGold on Wednesday announced that Malaysian exploration company OroTree had elected not to exercise an option to acquire the mining infrastructure assets to access the deep underground ounces of  the East Rand Proprietary Mines (ERPM) gold mine in Boksburg. OroTree, which acquired... 

Citic Metal receives internal approvals to complete investment in Ivanhoe

25th June 2019 China's Citic Metal has confirmed to Ivanhoe Mines that it has received the necessary internal approvals for its subsidiary Citic Metal Africa to complete its second investment in the TSX-listed miner for an additional C$612-million, or $464-million. This investment will be Citic’s second major... 

Insimbi to acquire metals trading firm Treppo

21st June 2019 JSE-listed Insimbi Industrial Holdings will see ISB acquire Treppo, which is involved in the sourcing, trading and buying of recycled metals – mainly ferrous metals or steel – in the greater Gauteng area. Through this transaction, Insimbi will expand its ferrous business and its client base,... 

Bauhinia Creek Phase 2 drilling intersects high-grade mineralisation

20th June 2019 East Africa-focused gold producer Shanta Gold has intersected high-grade mineralisation over significant widths during the second phase of its Bauhinia Creek (BC) drilling campaign at the New Luika gold mine (NLGM) in Tanzania. This provided further evidence of the continuity of the orebody to... 

Responsible sourcing of gemstones to receive more attention – Gemfields

20th June 2019 Responsible sourcing of coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Gemfields and Kagem Mining CEO Sean Gilbertson. The observation comes as Gemfields recently contributed new data and insights to independent global... 

Monarch Gold sells 2% NSR royalty on Chimo

19th June 2019 Emerging gold mining company Monarch Gold’s wholly-owned subsidiary Louvem Mines has sold a 2% net smelter return (NSR) royalty on certain claims of the Chimo mine property to TSX-V-listed Cartier Resources for $350 000. Monarch acquired Louvem as part of the acquisition of Richmont Mines’ Quebec... 


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