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Creamer Media Reporter

New trade exhibition in Ghana set to support industry growth

21st June 2019 Organisers Specialised Exhibitions Montgomery and Afrocet Montgomery have announced the launch of Ghana’s premier mining, industrial, automation, packaging, and occupational health and safety trade expo, which will be taking place at the Dome, located at the Accra Trade Fair Grounds in Ghana,... 

Sandfire replaces ore reserves at DeGrussa

21st June 2019 An updated ore reserve for the DeGrussa mine, in Western Australia, has extended the copper/gold operation’s mine life to mid-2022, ASX-listed Sandfire Resources reported on Friday. The company’s latest reserve and mineral resource update for DeGrussa includes the Conductor 1, Conductor 4 and... 

Capstone curtails Pinto Valley activities owing to wildfire

20th June 2019 A wildfire that is burning near the westernmost property boundary of the Pinto Valley mine has led to owner Capstone Mining curtailing nonessential activities at the mine. The TSX-listed miner said, at the time of sending out its news release at 15:30 EST, that the wildfire had no physical... 

Petropavlovsk reports strong interest in bond offering

20th June 2019 Russian gold mining company Petropavlovsk on Thursday announced a new $125-million convertible bond to refinance an existing short-term $100-million bond with a coupon of 9%, using a long-dated instrument at a lower cost. CEO Pavel Maslovskiy said in a statement that the new bond offering had... 

Endeavour Mining has a new CFO

20th June 2019 Intermediate gold miner Endeavour Mining has appointed Anglo American base metals executive Louis Irvine as CFO, succeeding Vincent Benoit, who is rejoining Endeavour’s main shareholder, La Mancha Group, on August 1. Immediately prior to joining Endeavour, Irvine was executive head of strategy... 

Hydrogen Council, dam safety and climate change make headlines

20th June 2019 This week, new members join the Hydrogen Council; dam safety risks could scare investors and coal companies fighting climate change are on the right path. Mining Weekly editor Martin Creamer unpacks the headlines.   

NGEx shareholders approve Helados spin-out

20th June 2019 Shareholders and optionholders of Vancouver-based copper/gold explorer and developer NGEx Resources have approved the spin-out of the company’s Los Helados project and other exploration properties into a wholly-owned subsidiary NGEx Minerals. The arrangement will include a transfer of the Los... 

Bankrupt Cambrian Coal explores sale process

20th June 2019 Kentucky- and Virginia-focused Cambrian Coal said on Wednesday that its mining operations and customer shipments would continue during a court-supervised sale process. The coking and thermal coal miner, which at the weekend filed for relief under Chapter 11 of the Bankruptcy Code in Kentucky,... 

Unions call for new standard to protect US miners from silica dust

20th June 2019 With cases of coal workers’ pneumoconiosis (black lung disease) and progressive massive fibrosis spiking, two unions have called on the Mine Safety and Health Administration to step up standards to protect miners from silica dust. The United Mine Workers of America and United Steelworkers said in... 

Canada invests in Alcoa aluminium plant upgrades

19th June 2019 The government of Canada has made a C$10-million investment in an C$85-million project that will support 520 jobs at aluminium giant Alcoa’s Deschambault-Grondines plant, in Quebec. The investment would help Deschambault-Grondines to innovate by acquiring new technology that will help it... 

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