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Weba Chute Systems & Solutions

The WEBA Chute System eliminates problems associated with conventional transfer chutes providing cost effective environmentally friendly solutions. The best results are achieved by incorporating the WEBA Transfer Chute System during the design phase of a new project.

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Osisko Development to list in New York

By: Creamer Media Reporter      24th May 2022 The shares of North American gold mining company Osisko Development will start trading on the NYSE on Friday, the company has announced. Osisko Development, which was spun out of Osisko Gold Royalties in 2020, will retain its listing on the TSX-V. 

Shanta’s West Kenya drilling programme identifies exceptional high-grade areas

By: Tasneem Bulbulia     23rd May 2022 Aim-listed Shanta Gold’s last phase of drilling at the West Kenya project, in Kenya, has continued to deliver “outstanding” results, ensuring that this remains the most consistently high-grade drilling programme that the company has ever conducted at any asset in Shanta’s history, CEO Eric Zurrin... 

NUM calls for Sibanye’s gold mining rights to be revoked

By: Darren Parker     23rd May 2022 The National Union of Mineworkers (NUM) has urged Mineral Resources and Energy Minister Gwede Mantashe to act immediately against diversified miner Sibanye-Stillwater by revoking its mining rights in the South African gold sector. Section 47 of the Mineral and Petroleum Resources Development Act... 

Akobo confident its Segele mine will generate $50m in free cash flow in two years

By: Marleny Arnoldi     23rd May 2022 Ethiopia-focused gold miner Akobo Minerals has declared an inaugural cash flow estimate for the Segele mine of $42-million in 2023 and $15.1-million in 2024. The mine is on track to start producing gold early in 2023.  

Oriole achieving good progress on sampling in Cameroon

By: Tasneem Bulbulia     23rd May 2022 Aim-listed Oriole Resources has achieved good progress during an early-stage sampling programme on the eastern portion of its 90%-owned Central Licence Package (CLP) in central Cameroon, CEO Tim Livesey says. The district-scale CLP comprises eight contiguous licences of previously unexplored... 

Newcrest takes the next step at Wilki

By: Esmarie Iannucci     23rd May 2022 Gold miner Newcrest Mining will assume management of a farm-in agreement with ASX-listed Antipa Minerals over the Wilki project, in Western Australia. Newcrest has already spent A$6-million on exploration at the project under a farm-in agreement with Antipa, and will now spend a further... 

Platinum jewellery continuing to drive 25% of platinum demand  

By: Martin Creamer     20th May 2022 Several reports published during Platinum Week indicate that in 2021, platinum jewellery consumed anywhere between 1.6-million ounces to two-million ounces of platinum, which makes it still the second demand source after automotive, coming in at around 25% of total platinum demand. Positive... 

Eastplats moves to secure funding for underground mining restart at CRM

By: Marleny Arnoldi     20th May 2022 TSX- and JSE-listed Eastern Platinum has filed a technical report on the Crocodile River Mine (CRM), in South Africa’s North West province, stipulating the restart of underground mining at the Zandfontein section of the mine. The Zandfontein section, which has a measured and indicated resource... 

Gold Fields confirms enviro compliance work under way at Salares Norte following fox deaths

By: Marleny Arnoldi     20th May 2022 JSE- and NYSE-listed Gold Fields has confirmed that the death of three foxes occurred at its Salares Norte gold/copper project, in Chile. The country’s environmental regulator has since issued some compliance orders to be adhered to.  

Harmony appoints Nqwababa, Prinsloo to its board

By: Marleny Arnoldi     20th May 2022 JSE-listed gold miner Harmony Gold has appointed Bongani Nqwababa and Martin Prinsloo to the board as independent nonexecutive directors, as well as audit and risk committee members, effective May 18. The two chartered accountants bring to the board an extensive and diverse record of... 

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