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Press Office - Weba Chute Systems & Solutions

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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Zimbabwe wants half of royalties paid in gems, precious metals

By: Bloomberg     30th September 2022 Zimbabwe wants gold, diamond and platinum miners to pay half of their royalties to the government in the commodities themselves and the rest in cash, as the southern African country seeks to build its mineral reserves. The Treasury was concerned that the country does not have reserves of the... 

South Africa is returning to prepandemic levels of economic growth

By: Darren Parker     30th September 2022 South Africa is returning to pre-Covid-19 levels of economic growth, according to the latest ‘KPMG Global Economic Outlook’ report. The global economic research and consulting firm said on September 29 that South Africa remained in a unique position where many of its natural resource exports... 

Altlantic Lithium progresses Ewoyaa, increases cash

By: Donna Slater     30th September 2022 Aim-listed lithium explorer and developer Atlantic lithium, which is developing its Ewoyaa lithium project, in Ghana, incurred a loss after income tax of $34.65-million for the 2022 financial year ended June 30. At period’s end, the developer held A$23.9-million in cash, up from the... 

TRX commissions expanded oxide mill at Buckreef, Tanzania

By: Creamer Media Reporter      30th September 2022 Toronto-listed TRX Gold has commissioned the expanded 1 000 t/d oxide mill circuit at the Buckreef gold mine, in Tanzania. The mill expansion, from the original 360 t/d capacity, was planned less than 12 months ago at a capital cost of $4-million. The processing plant should reach its nameplate... 

Atlantic Lithium's Ghana mine poised to begin production by 2024

By: Reuters     30th September 2022 Australia-based Atlantic Lithium expects to begin production at what would be Ghana's first lithium mine by the second half of 2024, the company's interim chief executive told Reuters. Lennard Kolff said in an interview that a recent scoping study showed revenue could reach nearly $5 billion... 

Maelgwyn leveraging South Africa, African growth to expand business

By: Tasneem Bulbulia     30th September 2022 Owing to the considerable organic growth it has achieved in South Africa and Africa, mineral processing technologies and processes provider Maelgwyn has relocated to a new building, in Boundary Park, North Riding, and is aiming to leverage these premises and the enhanced capacity and capabilities... 

New production targets for Sandfire as Simich steps down

By: Esmarie Iannucci     30th September 2022 Copper/gold miner Sandfire Resources has lifted its production guidance for 2023, announced the departure of its MD and CEO, Karl Simich, and completed a key financing milestone for its Motheo project, in Botswana. Sandfire on Friday announced that group production for the 2023 financial year is... 

Las Bambas mine, Peru

By: Sheila Barradas     30th September 2022 A copper mine located in the Apurimac region of southern Peru. 

Not much activity in the gold markets in August – WGC

By: Darren Parker     29th September 2022 Gold-related activity among central banks was muted in August, with only a handful of banks meaningfully contributing to the overall monthly total, World Gold Council (WGC) senior analyst Krishan Gopaul said on September 29 with the release of the WGC’s quarterly statistical update on gold... 

IAMGOLD is nearing its 70% interest after six years of investment in Senala project

By: Marleny Arnoldi     29th September 2022 Aim-listed Oriole Resources has announced its joint venture partner IAMGOLD Corporation is in the penultimate year of a six-year option agreement to earn a 70% interest in the Senala project, in Senegal. IAMGOLD earns this interest by spending up to $8-million on the project.  

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