R/€ = 15.81 Change: 0.00
R/$ = 14.05 Change: 0.00
Au 1275.51 $/oz Change: 0.00
Pt 900.49 $/oz Change: 0.00


Gen Mining interested in Sibanye’s Marathon PGMs deposit

By: Mariaan Webb     18th April 2019 Minerals exploration company Generation Mining has struck an agreement to potentially earn up to 80% in Sibanye-Stillwater’s Marathon platinum group metals deposit in northern Ontario. Gen Mining has signed a letter of intent with Sibanye to earn an initial 51% interest in the property, which... 

BME secures Alaskan coal mine contract

By: Nadine James     12th April 2019 Explosives and blasting specialist BME’s US segment has been awarded a contract by Usibelli Coal Mine (UCM) in Alaska to supply explosive products and accessories. Part of the South Africa-based company, the US business was established in Denver, Colorado last year. BME’s senior director for... 

Rock engineering consultancy expanding service offering

By: Jessica Oosthuizen     12th April 2019 Outsourced rock engineering and seismic monitoring services provider Open House Management Solutions (OHMS) is continuously considering opportunities to expand its service offering to the minerals industry and develop in new, but related services, says OHMS MD Koos Bosman. OHMS has been in... 

AEL to provide green solutions for mines in French West Africa

By: Mamaili Mamaila     12th April 2019 One of Johannesburg-based supplier and manufacturer of explosives AEL Intelligent Blasting’s core values for this year is going green, with sustainable development also informing its plans to enter the commercial explosives sector in French-speaking West Africa. Francophone West Africa, also... 

Hydrogen and platinum at centre of climate change solution – Anglo   

By: Martin Creamer     11th April 2019 Hydrogen is at the centre of the solution to climate change and platinum, in turn, is at the centre of hydrogen, London-based Anglo American executive head of market development Benny Oeyen emphasised when he spoke to Mining Weekly Online on the sidelines of this week’s Platinum Group Metals... 

Newmont bondholder revolt may put Barrick on hook for debt

By: Bloomberg     11th April 2019 Barrick Gold could find itself partially liable for $600-million in additional debt if some Newmont Mining bondholders have their way. The creditors are trying to block an amendment Newmont is seeking for a large tranche of notes associated with its operations in Nevada, according to people with... 

Gold Fields declares maiden reserve at Salares Norte, targets first gold in 2023 

By: Marleny Arnoldi     10th April 2019 Gold Fields earlier this year completed a definitive feasibility study (DFS) on its Salares Norte project, in Chile, South America, which enabled the company to declare a maiden reserve for the project. The company started exploration on the prospect in March 2011, with drilling to date... 

South African PGMs industry risks upsetting global market dynamics

By: Simone Liedtke     9th April 2019 To ensure a sustainable platinum group metals (PGMs) market will require South Africa to balance its market in line with global supply, Sibanye-Stillwater business development executive VP Richard Stewart told delegates at the PGMs Industry Day, held in Johannesburg, on Tuesday. Dubbing the... 

Battery grade cobalt sulphate produced at Ontario refinery

By: Creamer Media Reporter      4th April 2019 Toronto-based First Cobalt has produced its first battery-grade cobalt sulphate at its refinery in Ontario, which CEO Trent Mell says is the company’s “most significant accomplishment” as the majority of the refined cobalt for the electric vehicle market is produced in Asia. “With no cobalt... 

Shovels to hit the ground on Relief Canyon – Americas Silver

By: Mariaan Webb     4th April 2019 The construction of the Relief Canyon openpit gold mine, in Nevada, is set to begin “immediately”, TSX-listed Americas Silver reported on Wednesday, following the closing of the acquisition of Pershing Gold. Americas Silver has also secured financing package to fully fund the development of the... 

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