Samantha Herbst

https://staging1.creamermedia.com/

Samantha Herbst

Samantha Herbst is a deputy editor for Creamer Media's online department.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

De Beers ups year-on-year production by 22%

25th January 2018 Buoyed by stronger trading conditions and a contribution from the ramp up of its Canada-based Gahcho Kué mine in the fourth quarter of 2017, diamond giant De Beers increased its total rough diamond production for the year by 22% to 33.5-million, boosted by a 5% increase in production in the... →

Lundin secures a $300m debt facility to ensure Fruta del Norte’s development

23rd January 2018 Canadian project developer Lundin Gold has secured a $300-million debt facility through commitments from five senior lenders – namely ING Capital, Société Générale, Caterpillar Financial Services Corporation, the Bank of Nova Scotia and KfW IPEX-Bank – for the development and construction of the... →

180-plus rail employees qualify in operations management

19th January 2018 More than 180 employees from State-owned rail transport agency Transnet Freight Rail (TFR) graduated from Glasgow Caledonian University (GCU) on Thursday with a variation of degrees and qualifications in railway operations management. GCU principal and vice-chancellor Professor Pamela Gillies led... →

Sonora feasibility study places Bacanora among the world’s top lithium suppliers

13th December 2017 Aim- and TSX-V-listed Bacanora Minerals’ Sonora lithium project, located in Mexico’s northern Sonora state, has the potential to become a significant supplier of battery-grade lithium to growing industries like electric vehicles (EVs) and energy storage, according to Bacanora CEO Peter Secker.... →

Miner dies at Harmony's Tshepong mine

7th December 2017 Gold mining major Harmony Gold confirmed on Thursday that one of its employees was fatally injured in a fall-of-ground incident at its Tshepong mine, near Welkom, in the Free State on Tuesday afternoon. According to the miner, challenging conditions continue to impact the recovery of the deceased. →

More than 180 Transnet Freight Rail employees qualify in railway operations management

7th December 2017 More than 180 employees of State-owned rail transport agency Transnet Freight Rail (TFR) graduated from Glasgow Caledonian University (GCU) on Thursday with a variety of degrees and qualifications in railway operations management. GCU principal and vice-chancellor Professor Pamela Gillies led the... →

Red Metals, MMG Exploration ink joint venture agreement

4th December 2017 ASX-listed minerals exploration company Red Metal has signed an option and joint venture (JV) agreement with MMG Exploration – a subsidiary of midtier global resources company MMG Limited – to advance the prospective Mallapunyah zinc project in the McArthur basin, in Australia’s Northern... →

Syrah signs sales agreement with China-based battery manufacturer

4th December 2017 ASX-listed graphite developer Syrah Resources has signed a binding sales agreement with China-based Zhanjiang Juxin New Energy materials for 20 000 t of natural graphite from Syrah’s Mozambique-based Balama operation, in 2018. “This contract represents another significant import of Balama... →

Berkeley closes Oman financing transaction

30th November 2017 Following shareholder approval announced on Thursday, uranium project developer Berkeley Energia has completed a strategic investment of up to $120-million with the sovereign wealth fund of the Sultanate of Oman, which means that Berkeley can now bring the Spain-based Salamanca uranium mine into... →

Prairie submits Esia for Poland-based Jan Karski mine

30th November 2017 Coal developer Prairie Mining has submitted the environmental and social impact assessment (Esia) for its Poland-based Jan Karski mine to the Lublin Regional Environment Directorate for environmental consent, making way for the public consultation process and environmental permitting process to... →

Magnis receives strong interest from flake graphite buyers

28th November 2017 Having evolved into a diversified project developer with graphite mine developer operations and ownership in the large-scale manufacture of lithium-ion batteries, ASX-listed graphite buyer and seller Magnis Resources has received strong interest from a number of parties looking to source... →

European Metals reports increased indicated resource at Cinovec

28th November 2017 Following a four-month drilling campaign, ASX- and Aim-listed European Metals has announced an additional upgrade of its Joint Ore Reserves Committee-compliant Cinovec lithium/tin project, in the Czech Republic, confirming the project’s status as Europe’s largest lithium resource. The drilling... →

MRC concludes scoping study on Western Australia's Munglinup project

27th November 2017 Following its announcement last week that it had executed a farm-in and joint venture agreement to explore for graphite in Western Australia, ASX-listed explorer Mineral Commodities (MRC) announced Monday that it had completed a scoping study and produced the resultant preliminary economics to... →

Triton shortlists two EPC contractors to spearhead Ancuabe construction

27th November 2017 ASX-listed graphite developer Triton Minerals has shortlisted engineering, procurement and construction management (EPCM) companies Sinosteel Equipment & Engineering and MCC International as potential EPC contractors for its Mozambique-based Ancuabe graphite project. Triton announced on Monday... →

Operations at Santacruz’s Veta Grande Mill temporarily suspended

20th November 2017 The Mexican Environmental Protection Agency (Profepa) has issued a notice temporarily suspending operations at TSX-V-listed Santacruz Silver Mining’s Veta Grande Mill until appropriate documentation has been filed with regulatory bodies confirming that Santacruz’s Mexican operating subsidiary,... →

Transnet Freight Rail anticipates economic uptick, aims to unlock intraregional collaboration

27th October 2017 Despite being at the mercy of economic uncertainty, compounded by sometimes heavily fluctuating commodity prices, State-owned rail transport company Transnet Freight Rail (TFR) has identified itself as a key economic enabler that aims to boost the South African economy by trying to unlock areas... →

New Gold achieves first commercial production at Rainy River

20th October 2017 TSX- and NYSE-listed intermediate gold miner New Gold has achieved first commercial production at its Ontario-based Rainy River mine, about two weeks ahead of schedule. "Achieving commercial production is a major milestone for New Gold and the Rainy River team. With the hard work, dedication and... →

Teck concludes acquisition of Goldcorp’s 21% minority share in San Nicolas

19th October 2017 TSX- and NYSE-listed senior gold producer Goldcorp has completed the $50-million sale of its 21% minority interest in the San Nicolas copper-zinc project, located in Zacatecas, Mexico to Canadian diversified miner Teck Resources. The closing follows receipt of Mexican anti-trust approval and the... →

Gold, zinc explorers spearhead reversal of five-year global exploration downturn

10th October 2017 Boosted by increased exploration efforts in the gold and zinc sectors, the global nonferrous exploration budget is up in 2017 – for the first time since 2012 – by more than 14%, year-on-year, to $7.95-billion, according to new analysis by S&P Global Market Intelligence. The twenty-eighth edition... →

Encha appoints new chief technology officer

18th September 2017 Information and communication technology professional Andy Brauer is the new chief technology officer of investment company Encha – an appointment in line with the company’s strategy to attract partners who are subject-matter domain experts with relevant industry-specific experience and... →

Sizeable limonite find exposes Horizonte to burgeoning EV market

14th September 2017 Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle (EV) battery market. Limonite is treated to... →

Limonite is a type of iron-ore treated to produce nickel and cobalt hydroxides, suitable for supplying the EV battery market

Anglo Pacific acquires royalty interest in Brazil-based nickel/cobalt project

14th September 2017 Dual-listed royalty company Anglo Pacific has entered into an agreement with UK-based Brazil Nickel to acquire a gross revenue royalty (GRR) interest for the development of the Piauí nickel/cobalt project, in north-eastern Brazil. This is in line with Anglo Pacific’s strategy to invest in... →

Stratex identifies cash-saving optimisation opportunities at Crusader’s Borborema

7th September 2017 Aim-listed gold and exploration company Stratex has completed an extensive due-diligence review into ASX-listed Crusader Resources’ Brazil-based Borborema gold project, identifying potential optimisation opportunities that are expected to yield material economic gains and lower upfront capital... →

Continental Gold invests in Colombia-based agricultural development programme

6th September 2017 As part of its sustainability strategy, TSX-listed exploration and development company Continental Gold will contribute about $370 000 towards a programme developed to support agricultural development in western Antioquia, in north-west Colombia. The Future Harvest programme, aimed at directly... →

Lundin accelerates exploration at all sites into 2018

6th September 2017 TSX-listed base metals miner Lundin Mining’s exploration efforts continue to add significant value to the company’s assets and, in light of improved market conditions, the company plans to accelerate exploration at all mine sites in 2018, as well as advance at least two new copper-focused... →

Excelsior receives operating permit for Gunnison copper project

6th September 2017 The Arizona Department of Environmental Quality (ADEQ) has awarded triple-listed mineral exploration and development company Excelsior Mining an aquifer protection permit (APP) for its Gunnison copper project, in Cochise County, south-eastern Arizona. "Completing this permitting milestone, within... →

Barkerville amends ‘bought deal’ private placement

4th September 2017 Junior mine developer Barkerville Gold Mines has amended its agreement with financial services firm Canaccord Genuity in relation to its previously announced ‘bought deal’ private placement of 25-million common shares, which will qualify as flow-through shares at a price of $1.12 per flow-through... →

First Quantum acquires Korean smelter’s stake in Minera Panama

1st September 2017 TSX-listed base metals miner First Quantum Minerals has signed an agreement with LS-Nikko Copper to acquire the Korea-based smelter’s 10% ownership interest and shareholder loans in Minera Panama, First Quantum’s Panamanian subsidiary, for a headline value of $635-million, payable in six... →

First Quantum's Cobre Panama project, in Panama

Canadian mining sector market value drops 7% in Q2

31st August 2017 Canada’s mining sector saw a slow start to the second quarter of 2017, according to global advisory firm EY’s Canadian Mining Eye index, which reported that the market capitalisation of 100 TSX- and TSX-V-listed midtier and junior companies fell broadly between C$47-million and C$1.6-billion.... →

Kusile Unit 1 brought into full commercial operation well ahead of schedule

30th August 2017 Unit 1 of Eskom’s Kusile power station has been brought into full commercial operation, adding 800 MW of much-needed power to help stabilise the national power grid. This means that construction and optimisation of the unit is complete and the operator, Eskom Generation, has taken over the plant... →

Eskom interim group CEO Johnny Dladla

Cape Town’s first oil storage, distribution terminal open for business

30th August 2017 Cape Town’s first independent oil storage and distribution terminal, Burgan Cape Terminal, was officially opened in the Eastern Mole of the Port of Cape Town on Tuesday. The city’s newest energy asset offers 122 000 m3 of diesel and petrol storage and will offer the option to blend bioethanol and... →

Horizonte’s Araguaia feasibility study due for completion in early 2018

30th August 2017 The ongoing feasibility study for Aim- and TSX-listed Horizonte Minerals’ Brazil-based Araguaia project – the country’s next ferro-nickel mine – is progressing on schedule and is now over 60% complete. According to Horizonte CEO Jeremy Martin, the feasibility study is due for completion by year... →

Black-empowered tool hire and sales company formed

25th August 2017 Durban-based Majozi Brothers Construction has joined forces with tool hire and sales company Hire-It to establish a new Level 2 broad-based black economic-empowerment (BBBEE) joint venture (JV) company – Majozi Bros Tool Hire & Sales. The new JV, which is 51% owned by Majozi Brothers and 49%... →

Embattled Buffalo Coal relies on seventh renegotiation with Investec

24th August 2017 The survival of South Africa-focused coal miner Buffalo Coal depends on the outcome of the seventh amendment to the company’s term loan and revolving credit agreement with specialist banker and asset management firm Investec, which is currently being negotiated. Despite having implemented various... →

Connemara appoints new CEO

14th August 2017 Aim-listed Irish exploration company Connemara Mining has appointed Patrick Cullen its new CEO, effective from Monday. Cullen boasts over 20 years of experience in the mining and exploration sector, most recently as a director of UK-based mining and metals company Kodal Norway. He was also... →

Strong financials keep Polyus on track to meet production guidance

14th August 2017 Following positive operational and financial progress during the first half of 2017, London- and Moscow-listed Polyus remains on track to meet its full-year production guidance of between 2.08-million ounces and 2.13-million ounces. →

Polyus CEO Pavel Grachev

Polyus delivers solid H1 operational results

11th August 2017 Continuing to build on its position as a low-cost gold producer with a clear growth strategy, Russia-based Polyus delivered consistent production in the half year ended June 30, achieving a 12% year-on-year increase to 938 000 oz. The company – Russia’s largest gold producer – attributed this... →

Majozi Bros, Hire-It join forces to create one-of-a-kind black-owned JV

10th August 2017 Durban-based Majozi Brothers Construction has joined forces with tool hire and sales company Hire-It to establish a new Level 2 broad-based black economic-empowerment (BBBEE) joint venture (JV) company – Majozi Bros Tool Hire & Sales. The new JV, which is 51% owned by Majozi Brothers and 49%... →

Pictured at their new premises on Chris Hani road, Durban North are Majozi Bros Tool Hire & Sales joint venture partners Sihle Ndlela, Richard Fraser and Simphiwe Majozi

Vista Gold sees Q2 net loss of $2.7-million

8th August 2017 TSX- and NYSE-listed gold project developer Vista Gold Corp saw a net loss of $2.7-million, or $0.03 a share, for the three months ended June 30. This included $2.2-million of net operating expenses and an unrealised $0.5-million mark-to-market loss on the company’s investment in gold explorer... →

Mantos acquires Rio Tinto's shares in Mason Resources

7th August 2017 Pursuant to a share purchase agreement with diversified mining major Rio Tinto subsidiary Rio Tinto Holdings, and Canadian mineral exploration and development company Turquoise Hill Resources, Bermuda-based Mantos Copper will acquire about 13-million shares in copper development company Mason... →

Record production, lower costs drive significant gains for Alamos

4th August 2017 TSX- and NYSE-listed midtier gold miner Alamos Gold made significant gains in the second quarter ended June 30, with record production and lower costs driving the highest combined free cash flow in years from the company’s operations. Alamos produced a quarterly record 105 900 oz at cost of sales... →

Mulatos mine, Mexico

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Newsletters

Sign up for our FREE daily email newsletter

Receive daily sector news alerts

More

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Subscribe