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Simone Liedtke

Simone Liedtke

Simone Liedtke is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Bauba, Northam enter into trial product sale agreement

6th May 2019 Diversified miner Bauba Platinum has entered into a trial product sale agreement with Northam subsidiary Booysendal Platinum. The agreement is effective from April this year and will see Northam process 24 000 t of low-grade chrome ore to be supplied by Bauba at its concentrator plant over a... 

groundWork opposing Minister’s plan to weaken air pollution standards

6th May 2019 Environmental justice group groundWork, represented by the Centre for Environmental Rights, has launched High Court proceedings against Environmental Affairs Minister Nomvula Mokonyane and President Cyril Ramaphosa and is asking the court to set aside government’s plan to double the amount of... 

Total to buy Anadarko’s Africa assets for $8.8bn if Occidental bid succeeds

6th May 2019 French integrated oil and gas company Total has reached a binding agreement with Occidental Petroleum to acquire Anadarko’s assets in Africa for $8.8-billion in the event of the successful completion of Occidental’s takeover bid for Anadarko. The transaction hinges on Occidental entering into and... 

Hwange Colliery sees signs of hope despite widened 2018 loss

6th May 2019 Despite achieving higher production and sales volumes for the year ended December 31, 2018, Zimbabwe-based Hwange Colliery’s financial performance worsened, with the miner’s loss for the year having widened by 79% to $78.4-million, from a loss of $43.8-million in 2017. The bigger loss was mainly... 

Rambler shares rise on strong mine performance

3rd May 2019 Aim-listed Rambler Metals and Mining achieved record throughput for 2018, by processing 364 176 t of ore from the Ming mine, in Canada, through the Nugget Pong copper and gold milling facility. This is the second consecutive year that the company has set a throughput record. 

Amplats appoints PwC as external auditor from 2020

3rd May 2019 Diversified miner Anglo American Platinum has appointed Pricewaterhouse Coopers as its external auditor from 2020. The decision follows after the miner announced in its 2018 Integrated Report that Deloitte & Touche’s services as the external auditors of Amplats would terminate by rotation in 2020. 

Iron-ore price surge may be ‘more structural’ than initially thought

3rd May 2019 The sharp rise in iron-ore prices to over $90 per dry metric ton (dmt) from under $75/dmt since January, may be “more structural than initially anticipated”, says Fitch Ratings. It believes sustained iron-ore prices of above $85/dmt over the next 9 to 12 months should provide cash flow windfalls... 

First-quarter gold demand lifted by central banks, ETFs

2nd May 2019 Continued growth in central bank buying and growth in gold-backed exchange-traded funds contributed to a 7% year-on-year increase in global gold demand to 1 053.3 t for the first quarter of this year, the World Gold Council’s (WGC’s) latest ‘Gold Demand Trends’ (GDT) report shows. Gold demand... 

Osisko to begin drilling at Canada’s longest diamond drill hole in May

30th April 2019 TSX-listed Osisko Mining on Tuesday announced that it would start drilling what is planned to be Canada’s longest diamond drill hole, Deep Discovery 1, in May, at its wholly-owned Windfall Lake gold project, in the Abitibi greenstone belt, in Québec.   Deep Discovery 1 is designed to test the... 

Cameco recovers legal costs in dispute with CRA

30th April 2019 Dual-listed uranium fuel company Cameco Uranium has been awarded $10.25-million for legal fees incurred, plus a still-to-be-confirmed amount for disbursements, by the Tax Court of Canada following Cameco's application to recover substantial costs incurred in its dispute of reassessments with the... 

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