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Mariaan Webb

Mariaan Webb

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

TanGold appoints new COO

9th February 2021 TSX- and NYSE American-listed Tanzanian Gold (TanGold) has appointed mining executive and geoscientist Andrew Cheatle as COO. TanGold said Cheatle, who joined the board in December, would spend a considerable time in Tanzania as the company and its joint venture partner, the State Mining Company... 

Mick Davis backs Madagascar graphite mine development

8th February 2021 An investment firm led by former Xstrata CEO Sir Mick Davis has thrown its weight behind the Molo graphite development in Madagascar. Vision Blue, the firm that Davis found in December 2020 to invest in battery and technology minerals, has selected Molo as its flagship graphite asset, agreeing... 

Gahcho Kué and Brucejack mines report Covid-19 cases

8th February 2021 Production at the Gahcho Kué diamond mine, in Canada’s Northwest Territories, has been suspended, owing to an outbreak of Covid-19 at the mine site. The Brucejack gold mine, in British Columbia, has nine positive cases. 

Eskay Mining invests in Garibaldi

8th February 2021 Toronto-headquartered Eskay Mining has entered into an agreement with the Sprott Foundation to acquire shares worth C$10.78-million in explorer Garibaldi Resources, the company announced on Friday. Eskay agreed to buy 23 703 688 shares in consideration for the issuance of 4 211 719 working... 

Northern Dynasty subsidiary and former CEO subpoenaed

8th February 2021 The Pebble Limited Partnership and former CEO Tom Collier have each been served with a subpoena to provide documents in connection with a grand jury investigation that is currently under way. The investigation involves previously disclosed recordings of private conversations regarding the... 

Fresh start for Eldorado Gold in Greece

5th February 2021 Canada’s Eldorado Gold on Friday signed an amended investment agreement with the Hellenic Republic to govern the development, construction and operation of its mines and projects in Greece. Hailed as a “new beginning” for Eldorado and its Kassandra Mines in Greece, the agreement will pave the... 

Chaarat to raise $25m

5th February 2021 Gold mining company Chaarat, which trades on London’s Aim, on Friday unveiled plans for a fundraising to raise $25-million and said an agreement with its largest shareholder would slash debt by one third. The company would raise the capital y issuing new shares at 26p each. It has received... 

Silvercorp plans listing for newly acquired Mexico project

5th February 2021 Canada’s Silvercorp has announced the acquisition of the La Yesca silver project, in Mexico, and says it plans to list its New Infini subsidiary as an independent public company. New Infini has acquired a 100% interest in Infini for $9.25-million in cash and a 45% interest in New Infini shares... 

Glencore’s Prodeco hands back Colombia contracts

5th February 2021 Diversified major Glencore has confirmed that it is relinquishing its mining rights in Colombia, after the National Mining Agency (ANM) last month declined Prodeco’s request for its coal mines to remain on care and maintenance. Glencore says that it remains uneconomic to restart operations at... 

$140m debt financing completed for Brazil copper/gold project

4th February 2021 The Serrote copper/gold project, in Brazil, is fully funded through to production, following the completion of $140-million in debt financing, Mineração Vale Verde (MVV) and Appian Capital Advisory reported on Thursday. The debt finance facility with ING Capital, Natixis, New York Branch, and... 

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