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Tasneem Bulbulia

Tasneem Bulbulia

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

De Beers Group launches diamond education course partnership in India

19th June 2019 De Beers Group Institute of Diamonds is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout that country. The IIG has been operating for more than 50 years and is entrenched in gemology and in diamond and jewellery education in... 

Athabasca Minerals signs agreement with First Nation

19th June 2019 Canadian mineral explorer Athabasca Minerals Inc (AMI) has signed a ten-year aggregates management agreement with the Montana First Nation (MFN) for the processing and sale of aggregates from MFN’s 185 acre Colchester property located near Ponoka, Alberta. The scope of the agreement includes... 

Jervois gains entry into Uganda with M2 Cobalt buyout

19th June 2019 ASX-listed Jervois Mining has completed a plan of arrangement to acquire TSX-listed M2 Cobalt. The acquisition provides Jervois entry into Uganda to complement its East African ambitions, particularly regarding opportunities around the historic Kilembe mine and the Kasese cobalt refinery. 

PIC’s Sibanye stake rises above 10.7%

19th June 2019 The Public Investment Corporation’s (PIC’s) shareholding in precious metals miner Sibanye-Stillwater has increased to nearly 10.71%, from the previously held 9.89%. This follows the conversion of Lonmin shares, following the buyout of Lonmin by Sibanye. 

AMSA signs offtake for coking coal from MC Mining’s Makhado Phase 1

19th June 2019 Coal miner MC Mining has signed an offtake agreement with South African steel producer ArcelorMittal South Africa (AMSA), which will buy hard coking coal (HCC) from Phase 1 of the Makhado coking coal project. As South Africa has a limited production of high-quality metallurgical, or coking, coal,... 

Acacia agrees to Barrick’s request to extend PUSU deadline

18th June 2019 African gold miner Acacia Mining has agreed to its parent company Barrick Gold’s request for an extension to the ‘put up or shut up’, or PUSU, deadline to July 9. The previous deadline was June 18. 

Metso mulls potential closure of South African foundry

18th June 2019 Global industrial company Metso is considering the potential closure of, or other alternatives for, its foundry operation in Isithebe, in KwaZulu-Natal, South Africa. The Isithebe foundry produces metallic wear part castings for the mining and aggregates industries and employs about 200 people. 

Vast getting closer to mining diamonds at Zimbabwe concession

18th June 2019 A road map to finalise agreements that will enable Aim-listed Vast Resources to mine for diamonds on the Heritage concession, in Zimbabwe, has been established. This follows after meetings between the company’s senior management, local community leaders and parastatal Zimbabwe Consolidated... 

Kamoa-Kakula development progressing well

18th June 2019 TSX-listed Ivanhoe Mines says it is making “excellent progress” on the construction of the Stage 1 six-million-tonne-a-year Kamoa-Kakula copper mine, in the Democratic Republic of the Congo (DRC). After China-based Citic Metal agreed to invest an additional $459-million in Ivanhoe, the pace of... 

Lower production to cut Wescoal’s full-year earnings

14th June 2019 Lower production and lower sales volumes have contributed to a decrease in JSE-listed Wescoal’s headline earnings per share (HEPS) and earnings per share (EPS) for the financial year ended March 31. The group, which will release its results on June 25, on Friday said it expected its HEPS to be... 

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