R/€ = 19.08 Change: -0.07
R/$ = 16.91 Change: -0.07
Au 1804.80 $/oz Change: -7.97
Pt 835.27 $/oz Change: -16.36

Tasneem Bulbulia

Tasneem Bulbulia

Tasneem Bulbulia is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Tel: +2711 622 3744


New GM appointed for FQM’s Kansanshi mine

9th July 2020 Anthony Mukutuma has been appointed GM of dual-listed First Quantum Minerals’ multimillion-dollar Kansanshi mine, in the Solwezi District of North Western province.  He is the first Zambian to hold the post of GM at Kansanshi, which is the largest copper mine in Africa by production. 

Caledonia's Blanket mine records strong production

9th July 2020 Gold miner Caledonia Mining's Blanket mine, in Zimbabwe, produced about 13 499 oz of gold in the quarter ended June 30. This is an increase of about 6.2% on the 12 712 oz produced in the corresponding quarter of 2019. 

GoviEx to appeal termination of Chirundu mining licence

8th July 2020 Dual-listed GoviEx Uranium has received a letter from the Mining Cadastre Department of Zambia notifying the company that it had terminated the Chirundu mining licence.  Under the Zambian Mines and Minerals Development Act of 2015, GoviEx has been given 30 days to appeal this decision, which the... 

Cora records notable results in Mali, Senegal

6th July 2020 West Africa-focused Cora Gold has recorded notable results from ongoing exploration programmes from its regional portfolio of permits in west Mali and Senegal. Results from exploration programmes continue to enhance the permits’ prospectivity and identify new drill targets, the company says. 

Resgen extends sunset date for Boikarabelo funding agreement

3rd July 2020 Dual-listed Resource Generation (Resgen) has recorded changes to the common terms agreement for its mine funding package, in noted in its market update. On December 5, 2019, the company announced that, along with its majority owned subsidiary, Ledjadja Coal, it had executed principal binding... 

Northam increases Zambezi preference share holdings to 40.71%

3rd July 2020 JSE-listed Northam has acquired an additional 11.72-million Zambezi Platinum preference shares for R959.7-million. Northam will now hold more than 65-million Zambezi preference shares, representing about 40.71% of all Zambezi preference shares in issue. 

Teck Namibia to potentially gain 26.9% interest in Deep-South

2nd July 2020 TSX-listed Deep-South Resources and Teck Namibia, a wholly owned subsidiary of Teck Resources, have agreed to amend the sale agreement of February 2017, whereby Deep-South acquired Teck’s interest in the Haib Copper project, in Namibia. The sale agreement stipulated that Deep-South make cash... 

GlobalData expects iron-ore consumption to decrease 2.8% this year

2nd July 2020 Global iron-ore consumption is likely to decrease by 2.8% this year, as a result of the impact of Covid-19 on the mining sector, as well as owing to decreased demand in the automotive industry, says analytics and data company GlobalData. It points out that the automotive industry accounts for... 

Power Metal records update at Alamo in the US

2nd July 2020 Aim-listed Power Metal Resources has completed the registration of the additional claims at its Alamo gold project in Arizona, in the US. The follows a previous update where the company confirmed that following a successful site visit in January, its local partner had completed the staking of... 

Swedish Stirling, Samancor sign MoU for clean energy tech at smelters

1st July 2020 Clean tech company Swedish Stirling and South African ferrochrome producer Samancor Chrome have entered into a memorandum of understanding regarding the possible installation of up to 135 PWR BLOKs at Samancor Chrome’s TC Smelter, Ferrometals and Tubatse Alloys smelters. On December 13, 2019,... 

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