R/€ = 16.38 Change: -0.09
R/$ = 14.38 Change: -0.06
Au 1414.26 $/oz Change: 30.18
Pt 811.69 $/oz Change: 8.10

Tasneem Bulbulia

Tasneem Bulbulia

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

Tel: +2711 622 3744


Insimbi to acquire metals trading firm Treppo

21st June 2019 JSE-listed Insimbi Industrial Holdings will see ISB acquire Treppo, which is involved in the sourcing, trading and buying of recycled metals – mainly ferrous metals or steel – in the greater Gauteng area. Through this transaction, Insimbi will expand its ferrous business and its client base,... 

Bauhinia Creek Phase 2 drilling intersects high-grade mineralisation

20th June 2019 East Africa-focused gold producer Shanta Gold has intersected high-grade mineralisation over significant widths during the second phase of its Bauhinia Creek (BC) drilling campaign at the New Luika gold mine (NLGM) in Tanzania. This provided further evidence of the continuity of the orebody to... 

Responsible sourcing of gemstones to receive more attention – Gemfields

20th June 2019 Responsible sourcing of coloured gemstones will receive ever-increasing attention and become progressively more important to consumers, predicts Gemfields and Kagem Mining CEO Sean Gilbertson. The observation comes as Gemfields recently contributed new data and insights to independent global... 

Monarch Gold sells 2% NSR royalty on Chimo

19th June 2019 Emerging gold mining company Monarch Gold’s wholly-owned subsidiary Louvem Mines has sold a 2% net smelter return (NSR) royalty on certain claims of the Chimo mine property to TSX-V-listed Cartier Resources for $350 000. Monarch acquired Louvem as part of the acquisition of Richmont Mines’ Quebec... 

De Beers Group launches diamond education course partnership in India

19th June 2019 De Beers Group Institute of Diamonds is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout that country. The IIG has been operating for more than 50 years and is entrenched in gemology and in diamond and jewellery education in... 

Athabasca Minerals signs agreement with First Nation

19th June 2019 Canadian mineral explorer Athabasca Minerals Inc (AMI) has signed a ten-year aggregates management agreement with the Montana First Nation (MFN) for the processing and sale of aggregates from MFN’s 185 acre Colchester property located near Ponoka, Alberta. The scope of the agreement includes... 

Jervois gains entry into Uganda with M2 Cobalt buyout

19th June 2019 ASX-listed Jervois Mining has completed a plan of arrangement to acquire TSX-listed M2 Cobalt. The acquisition provides Jervois entry into Uganda to complement its East African ambitions, particularly regarding opportunities around the historic Kilembe mine and the Kasese cobalt refinery. 

PIC’s Sibanye stake rises above 10.7%

19th June 2019 The Public Investment Corporation’s (PIC’s) shareholding in precious metals miner Sibanye-Stillwater has increased to nearly 10.71%, from the previously held 9.89%. This follows the conversion of Lonmin shares, following the buyout of Lonmin by Sibanye. 

AMSA signs offtake for coking coal from MC Mining’s Makhado Phase 1

19th June 2019 Coal miner MC Mining has signed an offtake agreement with South African steel producer ArcelorMittal South Africa (AMSA), which will buy hard coking coal (HCC) from Phase 1 of the Makhado coking coal project. As South Africa has a limited production of high-quality metallurgical, or coking, coal,... 

Acacia agrees to Barrick’s request to extend PUSU deadline

18th June 2019 African gold miner Acacia Mining has agreed to its parent company Barrick Gold’s request for an extension to the ‘put up or shut up’, or PUSU, deadline to July 9. The previous deadline was June 18. 

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