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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: newsdesk@engineeringnews.co.za
Glencore’s Raglan opens new mine
Nickel miner Raglan, a Glencore company, has officially inaugurated the Anuri mine from its Sivumut mining project, which has been under development for more than ten years. Anuri, which is one of...
Red Rock, partner to establish test programme at Burkina Faso project
Natural resource development company Red Rock Resources and its partner, Hong Kong-headquartered company Riverstone Resources, will set out to implement a test programme at the Bilbale gold...
Hummingbird highlights potential for Bukon Jedeh exploration to expand Dugbe project's resource
Aim-listed Hummingbird Resources has welcomed subsidiary company Pasofino Gold's announcement of the start of exploration activities at Bukon Jedeh – a high-priority target area within the Dugbe...
URA raises £475 000 for South African emerald mine
London-listed URA has raised £475 000 through the issue of 23.75-million shares at a price of 2p apiece to use as working capital for its 74%-owned Gravelotte emerald mine, in South Africa. "We are...
First Mining receives permits for temporary winter road to Springpole
Toronto-listed First Mining has received construction permits for a temporary winter road to the Springpole gold project exploration camp site, which will allow for the safe transport of supplies...
Sabodala-Massawa Expansion project on track for first gold pour in May
Wet commissioning activities are now under way at the Sabodala-Massawa Expansion project, also called the BIOX Expansion project, in Senegal, says London- and Toronto-listed Endeavour Mining. The...
Fury Gold Mines buys Éléonore South from Newmont
Canada-focused exploration company Fury Gold Mines on Monday announced that it would buy Newmont’s 49.978% interest in the Éléonore South project for C$3-million. Situated in a prolific...
Northern Star shows support for PolarX
Global-scale Australian gold miner Northern Star has agreed to fully underwrite exploration and development company PolarX’s entitlement offer that seeks to raise about A$4.92-million. PolarX will...
Wiluna pilot plant be operational by H2 – Toro
ASX-listed uranium development and exploration company Toro Energy is advancing the design phase of its beneficiation and hydrometallurgical pilot plant at a facility in Perth, in line with plans...
Canada awards Rio Tinto C$18m to decarbonise iron-ore processing
The government of Canada has awarded Rio Tinto’s Iron Ore Company of Canada (IOC) C$18.1-million to support the decarbonisation of iron-ore processing at its operations in Labrador West. The...
Deep Yellow hikes Mulga Rock resource
Uranium developer Deep Yellow has reported a 26% increase in the total contained uranium in the Mulga Rock East project, in the Great Victoria desert of Western Australia, to 71.2-million pounds...
Lithium Universe secures industrial land for Quebec refinery
Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16...
Cobalt Blue considers downscaling Broken Hill project
Australia’s Cobalt Blue has initiated a strategic review of its Broken Hill Cobalt Project (BHCP) in New South Wales, contemplating the viability of a scaled-down operation amid challenging cobalt...
Hudbay guides higher copper, lower gold output for 2024
Canadian mining company Hudbay Minerals has had a strong end to 2023, with higher copper production, record gold production and record financial performance in the final quarter. This strong...
Western Copper appoints new CEO
Western Copper and Gold, which is developing the Casino project in the Yukon Territory, has appointed Sandeep Singh as CEO with immediate effect. Singh will work closely with Paul West-Sells, who...
Rio Tinto announces board change
Diversified miner Rio Tinto has announced that Simon McKeon will step down as a non-executive director at the conclusion of its annual general meeting on May 2. Rio Tinto explains that it has...
Panoramic CEO and CFO roles made redundant
The administrators of Panoramic Resources this week announced that the role of CEO had been made redundant. This followed the cessation of operations at the Savannah nickel project last month,...
Atkinson’s responsibilities shift to new COO Natascha Viljoen
Following a five-month handover period, Newmont has completed its COO transition and starting next week, Rob Atkinson will transition all his remaining responsibilities to new COO, Natascha...
Equinox targets one-third production jump this year
Canada-based gold miner Equinox Gold has finished 2023 strongly, not only achieving its gold guidance, but also setting out plans for a big step up in output this year. Equinox, which has seven...
Harmony's shares rise on higher earnings outlook
JSE-listed Harmony Gold's share price rose by more than 5% on February 22 after the company reported that its earnings per share (EPS) for the six months ended December 31, 2023, were likely to...
Mayur’s Orokolo Bay partner faces ‘sudden financial difficulties’
Australia-based Mayur Resources said on Wednesday that its partner in the Orokolo Bay vanadium, titanium and iron sands project, in Papua New Guinea, had pulled out, citing “sudden financial...
Hot Chili executes option to acquire Chile project
ASX- and TSX-V-listed Hot Chili has executed an option agreement with ASX-listed Bastion Minerals for the right to acquire the Cometa project in Chile. The project is near Hot Chili’s Costa Fuego...
Mt Gibson makes big profit jump on strong Koolan Island performance
Iron-ore miner Mount Gibson on Wednesday reported an aftertax net profit of A$138.7-million in the half-year to December 31, compared with A$7.4-million in the corresponding period. The...
Abcourt restarts Sleeping Giant mill
Toronto-listed Abcourt Mines on February 13 started processing gold at its Sleeping Giant mill,near Amos, Quebec. The mill operated at 20 t/h during this first week. On Monday, the mill began to...
Western receives C$4.6m from warrant exercises
US-focused Western Uranium and Vanadium has received about C$4.5-million in proceeds from the exercise of common share purchase warrants and plans to use most of the proceeds to accelerate the...
New deal makes Rio Tinto Australia’s biggest renewable energy buyer
Mining group Rio Tinto has signed Australia’s biggest renewable energy power purchase agreement (PPA) to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity...
Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
North American lithium producer Sayona Mining has announced feasibility study results that demonstrate the value of its Moblan lithium project, forming the centrepiece of the company’s Eeyou...
Metals Acquisition dual lists on ASX following A$325m IPO
Copper miner Metals Acquisition Limited (MAC) on Tuesday started trading on the ASX, following completion of its oversubscribed initial public offering (IPO) in Australia. MAC raised A$325-million...
New Cascabel PFS cuts initial capex
London- and Toronto-listed SolGold has announced the results of a new prefeasibility study (PFS) for the Cascabel project, in Ecuador, which supports a phased block cave mine development that...
Cosmo exercises option to acquire Kanowna project
Gold and base metals exploration company Cosmo Metals on Monday announced it would acquire the Kanowa Gold Project (KGP), located adjacent to the seven-million ounce Kanowa Belle gold mine,...
Cash from Kanmantoo copper sales hits the bank
Following the recent launch of copper production at the Kanmantoo underground mine in South Australia, Hillgrove Resources has now sold its first copper concentrate, securing the initial proceeds....
Diatreme makes takeover for neighbouring Metallica
Brisbane-based silica sand miner Diatreme Resources has made a conditional takeover offer for Metallica Minerals, a move that would combine the companies' silica sand assets in Far North Queensland...
Loadshedding to reduce to Stage 2 from 10:00 on Friday
Eskom has announced that it will be reducing loadshedding to Stage 2 from 10:00 on Friday, following the return of additional generating units. The utility says emergency reserves are also adequate...
Magazine round up | 16 February 2024
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Barrick targets higher output this year after missing FY guidance
old is forecasting higher gold production in 2024, setting a target of 3.9-million to 4.3-million ounces for the year. This compares with gold production of 4.05-million ounces this year, which...
Stallion to sell noncore Athabasca projects
TSX-V-listed Stallion Uranium has entered into a definitive purchase and sale agreement, granting Glorious Creation the right to acquire a 100% interest in its Eastern Basin projects, comprising...
Heavy Minerals raises cash to complete Port Gregory PFS
Industrial mineral exploration company Heavy Minerals on Wednesday announced a capital raising through a share purchase plan (SPP) to raise up to A$750 000 to complete the Port Gregory project...
NickelX snaps up Canada uranium project
Australian exploration company Nickel X on Wednesday revealed its successful acquisition of uranium targets through low-cost claim staking in Ontario, Canada. This move aligns with its commitment...
Aguia appoints Brazil country manager
Australia-listed Aguia Resources has appointed Tim Hosking to the role of country manager for its Brazil operations. As country manager living full time in Brazil, Hosking will assume overall...
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