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Mining Charter III sets tone for juniors’ revival

By: Mamaili Mamaila     24th May 2019 Following reflection on Mining Charter III, which is seen as a “positive game-changer” and a shift in the local political landscape, discussions at this year’s Junior Indaba will be tailored around ‘the revival of the junior’ and the prospects of achieving a thriving industry. The conference for... 

Simplified backfill

By: Creamer Media Reporter      20th May 2019 Victaulic, the world’s leading manufacturer of mechanical pipe-joining systems, has seen great success with the introduction and implementation of its series 725 diverter valve, and its impact on the South African mining industry. As the industry’s first grooved-end valve designed specifically... 

Metminco enacts Andes merger

By: Esmarie Iannucci     17th May 2019 ASX-listed Metminco has signed a binding bid implementation agreement with Colombia-focused Andes Resources to enact a merger agreement reached in March this year. Under the terms of the off-market agreement Metminco would issue 25 of its own shares for every Andes share held, with the merger to... 

Race for AngloGold assets may pit Sibanye against rival Harmony

By: Bloomberg     10th May 2019 Sibanye Gold faces competition from two rivals if it wants to buy South African gold mining assets that AngloGold Ashanti plans to sell. Sibanye, headed by South Africa’s prolific mining deal-maker, Neal Froneman, would be interested in purchasing AngloGold’s remaining mine in the country. But... 

Barrick excited about the DRC 

By: Martin Creamer     10th May 2019 Gold-mining company Barrick is excited about ongoing opportunities in the Democratic Republic of Congo (DRC), where it is making progress with the new mining code, Barrick president and CEO Dr Mark Bristow told Mining Weekly Online on Thursday. Bristow, whose Randgold Resources is now fully... 

AngloGold embarking on process to dispose of South African assets  

By: Martin Creamer     9th May 2019 Iconic South African gold-mining company AngloGold Ashanti said on Thursday that it was embarking on a process to review divestment options for its remaining South African assets. The company, headed by CEO Kelvin Dushnisky, said the process would consider all ownership options, with a view to... 

Mining body releases autonomous systems guideline

By: Nadine James     3rd May 2019 The Global Mining Guidelines Group (GMG) published the Guideline for the Implementation of Autonomous Systems in Mining last month, in an effort to assist in the implementation of these systems, which are being used more and more frequently owing to their potential for making the mining industry... 

Gold worth billions smuggled out of Africa

By: Reuters     24th April 2019 Billions of dollars' worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Customs data shows that the UAE imported $15.1-billion worth of gold... 

Guinea transfers oversight of State mining company to Presidency

By: Bloomberg     23rd April 2019 The office of Guinean President Alpha Conde is assuming oversight of the West African nation’s State-owned mining company in a move that will hand him more authority over the country’s holdings in some of world’s biggest bauxite deposits. The Presidency will take command of Societe Guinneenne du... 

Majority of B2Gold’s mines outperform guidance in strong first quarter

By: Nadine James     18th April 2019 TSX-listed B2Gold exceeded its first-quarter production and sales guidance by 6%, producing 230 859 oz and selling 232 076 oz of gold. The Fekola, Masbate, Otjikoto and El Limon mines all exceeded their targeted production, with the Mali-based Fekola and the Philippines-based Masbate mines,... 

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