R/€ = 19.05 Change: 0.12
R/$ = 16.86 Change: 0.04
Au 1681.60 $/oz Change: -20.06
Pt 816.00 $/oz Change: -10.20


Allegiance amends New Elk agreement

By: Esmarie Iannucci     5th June 2020 ASX-listed Allegiance Coal has struck an agreement with Cline Mining Corporation to accelerate the completion of the New Elk hard coking coal project acquisition, amending the terms of the original understanding. Allegiance on Friday said that the up-front cash payment required has now been... 

Mozambique to upgrade to an Online Mining Cadastre System

3rd June 2020 The Mozambique Ministry of Mineral Resources and Energy (MIREME) has recently contracted Spatial Dimension, a Trimble Company, to upgrade its mining cadastre to an e-government based mining cadastre system. The National Institute of Mines (INAMI) is the implementing agency. “Mozambique joins a... 

Cutting capital budgets in materials handling is no simple matter

By: Creamer Media Reporter      1st June 2020 Mark Baller, managing director of Weba Chute Systems, says the trend toward reducing capital budgets in the mining sector is not necessarily going to pay in the long term. This is particularly true in critical items like transfer chutes, which can disrupt the mine’s entire flow of material if... 

Minister urges mines to test without fear of mine closure 

By: Martin Creamer     29th May 2020 Mineral Resources and Energy Minister Gwede Mantashe on Friday urged mines to test for Covid-19 to the full extent without fearing mine closure. The Minister was responding to a media question on the steps the Department of Mineral Resources and Energy (DMRE) was taking to end the backlog of... 

New Century takes aim at Vale Goro nickel/cobalt mine

By: Esmarie Iannucci     26th May 2020 Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia. Vale said on Tuesday that the negotiations... 

Sierra Metals seeks consent to reopen Peru mine

By: Mariaan Webb     26th May 2020 TSX-listed Sierra Metals is seeking consent to reopen its Yauricocha mine, given its remote location and implementation of strict health protocols. Peru has extended its state of emergency and a nationwide lockdown to fight the Covid-19 pandemic until June 30, but President Martin Vizcarra has... 

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter      23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid.  In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... 

Contract electrician dies at Great Panther's GMC mine

By: Creamer Media Reporter      15th May 2020 Dual-listed Great Panther Mining has reported a fatality at its Guanajuato Mine Complex (GMC) in Mexico. The accident occurred on Thursday in the Rayas underground mine at GMC. The deceased, age 29, was a contract electrician at GMC. The accident involved a single motor vehicle travelling down... 

Heron gets extension on standstill agreement

By: Esmarie Iannucci     15th May 2020 Base metals junior Heron Resources has received a further extension to the standstill agreement with senior deb provider Orion Mine Finance (OMF) to determine a forward path for its Woodlawn project, in New South Wales. Heron in March suspended operations at Woodlawn amid travel restrictions... 

Great Panther reports more positive Covid-19 cases

By: Creamer Media Reporter      13th May 2020 TSX-listed Great Panther Mining has reported more positive Covid-19 cases at its operations, but says its Tucano gold mine, in Brazil, is continuing to operate at full capacity and that it still plans to resume operations at Topia and Guanajuato Mine Complex (GMC), in Mexico. Two additional... 

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