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Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Glencore provides backing for Falco's Horne project

27th October 2020 TSX-V-listed Falco Resources on Tuesday announced an agreement with Glencore Canada, whereby the commodities trader and miner will provide a $10-million bridge financing to fund continued project operations at the Horne 5 VMS deposit, in Quebec. The companies also entered into life-of-mine... 

Anglo Asian to start work at Vejnaly once secure

27th October 2020 London-listed Anglo Asian said on Tuesday that it planned to start work at the Vejnaly project, located in the Zangilan district of Azerbaijan, as soon as it is safe to do so. The Azerbaijani army last week liberated the Zangilan district from Armenia, ending the 27-year occupation of the... 

Teck receives inquiries from Chinese customers

27th October 2020 Canadian miner Teck Resources has received several inquiries from Chinese contract and spot customers about the availability of prompt cargoes for delivery in the fourth quarter, on the back of a reported ban by China of Australian metallurgical coal imports. The heightened Chinese restrictions... 

Hudbay resumes mining after 777 skip hoist incident

27th October 2020 Underground mining activity has resumed at the 777 mine, in Flin Flon, Manitoba, and production should be back at full tilt in December, base metals miner Hudbay Minerals reported on Monday. Operations at the copper/zinc/gold/silver mine were halted earlier this month, after a skip fell to the... 

Donlin continues to exceed modelled grade-thickness

27th October 2020 Joint venture (JV) partners Barrick Gold and NovaGold have completed its 85-hole drilling campaign at Donlin Gold, advancing the Alaska gold project up the value chain. Assay results for the first 25 holes, representing 30% of the 23 400 m drilled, have been received. NovaGold CEO Greg Lang... 

Taseko mulls minority sale in Florence project

27th October 2020 While discussions with potential lenders and finance providers for the development of the Florence copper project remain ongoing, Canadian base metals miner Taseko is also exploring the sale of a minority interest in project to help develop the commercial operation. The company, which on Monday... 

Kanadario negotiates management change agreement, stock surges

26th October 2020 Investors piled into explorer Kanadario Gold on Friday, as the Vancouver-headquartered company announced an agreement with G Mining Services and members of the Gignac family that will result in the current management and board being replaced and the company being renamed G Mining Ventures.... 

Streaming company Wheaton to list on LSE

23rd October 2020 Streaming company Wheaton Precious Metals will list on the London exchange on October 28, the company, which already trades in Toronto and New York, announced on Friday. Wheaton enters into agreements to purchase all, or a portion, of the precious metals production from mines located around the... 

Diamond manufacturers have a chance to make profit – Rapaport

23rd October 2020 The coronavirus pandemic, which hit the diamond industry hard in the first half of 2020, has presented an opportunity for squeezed diamond manufacturers to turn things around and start making profit. Squeezed by high rough diamond costs and declining polished prices, manufacturers and dealers... 

Arch to systematically wind down thermal operations

22nd October 2020 Coal mining company Arch Resources on Thursday unveiled a strategic plan for its thermal coal assets, announcing that it would systematically wind down its Powder River basin mines over the coming years, while it continued to search for a buyer. In declining demand environment, Arch said it... 

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