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Creamer Media Reporter
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
NioCorp's Elk Creek selected as an infrastructure project of the year
30th October 2020 TSX-listed NioCorp Developments' Elk Creek Superalloy Materials Project was selected as an infrastructure project of the year by infrastructure strategy and project development firm CG/LA Infrastructure. The project, in southeast Nebraska, was initially named as one of the Top 100 infrastructure... →
Lepidico to acquire Bright Minz, LOH-Max process technology
30th October 2020 ASX-listed Lepidico has entered into an agreement with the shareholders of Bright Minz to acquire all of the issued share capital of Bright Minz. Bright Minz is the holder of the LOH-Max process technology, which was developed for the production of high-purity lithium hydroxide monohydrate from a... →
Disposal of e-waste a challenge for SA
30th October 2020 In this opinion piece, Victor Namavhela laments the minimal action being taken worldwide to recycle electronic waste, predicting that increased quantities of this type of waste will be generated as the Fourth Industrial Revolution progresses The world commemorated International Electronic Waste... →
Eldorado posts higher third-quarter production, free cash flow
29th October 2020 Gold and base metals producer Eldorado Gold, which has operations in Turkey, Canada, Greece, Romania and Brazil, achieved a 35% year-on-year increase in gold production to 136 922 oz for the third quarter ended September 30. All-in sustaining costs (AISC) of $918/oz were lower than the AISC of $1... →
Hecla achieves strong third-quarter operational performance
29th October 2020 US precious metals miner Hecla achieved higher silver, lead and zinc production for the third quarter ended September 30, but its gold production decreased by 47% year-on-year to 41 174 oz. Silver production increased by 9% year-on-year to 3.54-million ounces, while lead output increased by 60%... →
Yamana reports strong third-quarter results; highest operating cash flow since 2015
29th October 2020 Americas-focused precious metals miner Yamana Gold has posted a strong production and financial performance in the third quarter. The TSX-, NYSE- and LSE-listed miner achieved above plan gold and silver production. Gold production reached 201 772 oz, underpinned by "standout" production from the... →
Moody's upgrades Barrick's rating
29th October 2020 Ratings agency Moody's Investors Service has upgraded the senior unsecured ratings of Barrick Gold Corp and its rated subsidiaries to Baa1 from Baa2, with a stable outlook. Moody's notes in a statement that Barrick's credit profile benefits from its low adjusted leverage, its large scale, its... →
Search Minerals, Saskatchewan Research Council sign MoU
29th October 2020 TSX-V-listed Search Minerals has entered into a memorandum of understanding (MoU) with the Saskatchewan Research Council (SRC) with regard to the processing of rare earth concentrates. The Saskatchewan government has granted $31-million in funding for a rare earth processing facility to be built... →
Osisko, Barolo complete C$100m placement to finance Osisko Development
29th October 2020 The previously announced C$100-million bought deal private placement offering of 13.35-million subscription receipts of Osisko Development Holdings at a price of C$7.50 each has closed. Precious metals royalty company Osisko Gold Royalties earlier this month announced the creation of a new North... →
Lac Doré among the world's largest undeveloped deposits
29th October 2020 TSX-V-listed VanadiumCorp Resource has published the results of a mineral resource estimate for its flagship Lac Doré vanadium project, in Quebec, which it says is one of the largest undeveloped deposits of vanadiferous magnetite in the world, with in excess of 1.4-billion pounds of vanadium... →
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