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Chanel de Bruyn
Chanel de Bruyn is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Tel: +2711 622 3744
Email: newsdesk@engineeringnews.co.za
Glencore’s DRC settlements should allay fears about asset seizure – analyst
15th June 2018 Diversified miner Glencore’s settlement, this week, of various disputes with entities in the Democratic Republic of Congo (DRC), should allay investor concerns about the risk of a seizure of its DRC assets, says Goldman Sachs. Glencore, led by CEO Ivan Glasenberg, on Friday announced that it had... →
Barclays Africa plans Kenya gold ETF listing early this year
27th February 2017 Barclays Africa Group is preparing to list its NewGold ETF on the Nairobi Securities Exchange after receiving regulatory approval to begin trading the securities. “We expect the listing to take place early this year,’’ Michael Mgwaba, head of exchange traded products at Johannesburg-based... →
Peak Resources sees bright future for Tanzania magnet metals project
31st July 2015 A focus on high-value rare earths and the use of a tailor-made beneficiation process bodes well for Tanzania-focused Peak Resources. The ASX-listed company is developing the Ngualla rare earths project, which contains high-grade neodymium and praseodymium mineralisation. →
Glencore's Mopani warns of possible investment cuts, job losses as VAT refunds withheld
1st October 2014 The CEO of Zambia-focused Mopani Copper Mines has warned that the withholding of value-added tax (VAT) refunds due to copper mining companies by the Zambian government, may negatively impact the company’s plans to invest in new projects in the country. The copper and cobalt miner, which is... →
Rio Tinto H1 earnings down amid softer commodity prices
8th August 2013 Lower commodity prices in the six months to June 30 contributed to diversified mining giant Rio Tinto reporting lower earnings for the period. The group on Thursday posted a 71% drop in first-half net earnings to $1.72-billion, compared with net earnings of $5.88-billion in the first half of... →
Govt’s effectiveness in stabilising mining sector questioned
28th June 2013 Government had failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and energy projects Peter Leon said during a roundtable discussion on the mining industry, broadcast on... →
Government’s effectiveness in stabilising mining sector questioned
19th June 2013 Government has failed to play an effective facilitative role and to create a predictable and stable environment in the local mining industry, Webber Wentzel partner and head of Africa mining and energy projects Peter Leon said during a roundtable discussion on the mining industry, broadcast on... →
Centamin to pursue further opportunities in Ethiopia
29th May 2013 Egypt-focused gold miner Centamin, which is facing ownership challenges at its flagship Sukari mine, could diversify geographically and was considering further opportunities in Ethiopia. Aim-listed exploration and development company Alecto Minerals, which owns the Wayu Boda and Aysid-Metekel... →
Goldplat to start development on third recovery operation by year-end
2nd May 2013 With its two existing gold recovery operations in Africa performing “solidly”, Aim-listed Goldplat was planning to start development on a third such operation by the end of this year. In a statement to shareholders, CEO Russell Lamming said the company’s gold recovery operations in South Africa... →
Botswana Diamonds granted exclusivity period extension
2nd May 2013 Aim-listed Botswana Diamonds has been granted an extension to an agreement, signed in February, providing it with a three-month exclusivity period to review data on 13 licence blocks in the Gope region, in the southwest of the Orapa region of Botswana. In February, the diamond exploration company... →
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