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Simone Liedtke

Simone Liedtke

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

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Petropavlovsk lifts 2020 production by 6%

26th January 2021 LSE-listed gold miner Petropavlovsk delivered a 6% year-on-year production increase in 2020 and, although missing its guidance, its output was still broadly in line with market expectations. The Russia-focused miner produced 548 100 oz in the year, compared with 517 300 oz in 2019. 

Diamcor making progress following resumption of operations

25th January 2021 TSX-V-listed Diamcor Mining is making “considerable progress” in increasing processing volumes, diamond recoveries and revenues since having resumed operations. Its Krone-Endora at Venetia mine, in South Africa's Limpopo province, had been shuttered for most of 2020 amid Covid-19-related... 

Altus subsidiary awarded Egyptian exploration licences

25th January 2021   The Egyptian Mineral Resource Authority (EMRA) has confirmed that Aim- and TSX-V-listed Altus Strategies’ wholly-owned subsidiary Akh Gold will be awarded a number of gold exploration licences in Egypt. 

Eastplats raises C$11.7m to complete projects, grow revenue potential

25th January 2021 Dual-listed Eastern Platinum (Eastplats) has issued 36.8-million common shares to raise about C$11.7-million. Net proceeds from the rights offering will be used to complete various projects and grow Eastplats’ revenue potential. 

Sale of two large diamonds indicative of industry recovery, says BlueRock

25th January 2021 Aim-listed BlueRock Diamonds has sold a 14.8 ct diamond for $167 000. The 14.8 ct diamond was recovered on December 21, 2020, around the same time as the recovery of an 8.7 ct diamond, which was sold for $37 000. 

Orion Minerals starts 2021 on a positive note following encouraging drilling results

25th January 2021 Dual-listed Orion Minerals has started 2021 on a positive note with an encouraging set of results from its high-impact exploration drilling programmes targeting near-mine and regional volcanogenic massive sulphide (VMS) copper/zinc and nickel/copper targets around its flagship Prieska copper/zinc... 

Gold Fields starts construction of Salares Norte mining infrastructure

22nd January 2021 Dual-listed Gold Fields has formally started construction of the mining infrastructure at its Salares Norte project, in Chile. Construction of the $860-million project is scheduled to be completed in late 2022, with first gold production in early 2023. Once commissioned, the mine will process... 

Deep-South ‘well-funded’ to continue development of Namibian copper project

22nd January 2021 TSX-V-listed Deep-South Resources has closed its nonbrokered private placement for $4.6-million. President and CEO Pierre Leveille commented on the strong demand, which led to the financing, and confirmed that the company had recently completed a preliminary economic assessment. 

Bauba, Pelagic Resources amend terms to subscription agreement

22nd January 2021 Diversified miner and exploration company Bauba Platinum and Pelagic Resources will amend the terms of their December 2020 subscription agreement. The subscription shares will now be issued at 31c a share, being a 4.13% discount to the 30-day volume-weighted average price at the close of business... 

Pensana seeks to change name ahead of ASX delisting next month

22nd January 2021 Ahead of the company’s delisting from the ASX next month, Pensana Rare Earths is considering changing its name to Pensana. In a statement on January 22, the rare earth oxide producer confirmed that it will be holding a general meeting on February 8 and has urged shareholders to vote on the name... 

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