International

Plant equipment sales remained largely unchanged recording a decline of just 21 units over last year’s figure of 1455 machines sold during the third quarter of 2018. Lawrence Peters, Construction and Mining Equipment Suppliers Association (CONMESA) chairman said there is little growth and the industry needs stimulus. Despite the flatline …

President Cyril Ramaphosa is billed to speak at Mining Indaba 2019, slated for beginning of next month. Organisers of the annual mining jamboree said President Ramaphosa is set to bring his investment agenda to the landmark 25th Anniversary Indaba. As one of the driving forces behind South Africa’s historic economic …

China has become the largest gold producer and consumer in the world in the past two decades. On the backdrop, Roland Wang, Managing Director of China for the WGC said his company aims to work with government bodies, regulators and market practitioners to ‘develop China’s gold market on a long-term, …

TSX-listed Trevali Mining has lowered its zinc and lead production guidance for the Caribou mine in Bathurst, New Brunswick, but the company remains on track to achieve its consolidated zinc production guidance. The Caribou mine’s zinc guidance has been lowered from a range of 86-million to 90-million pounds, to between …

De Beers Canada has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds, owner of the high quality Chidliak diamond resource located in Canada’s Nunavut Territory. The Chidliak resource was discovered in 2008 and is located approximately 120 kilometres northeast of Iqaluit on …

TAKRAF Group’s subsidiary TAKRAF Africa recently showcased advanced range of Tenova air environmental technologies at various client symposium in South America. The events were held in three cities – Lima (Peru), Santiago (Chile) and Belo Horizonte (Brazil) and were entitled “A Focus on Productivity”, with a specific focus on technologies, …

As intentions to increase mine-to-market value heighten in the Rio Tinto stable, the company has created a high profile position to stir this endevour. According to the company it intends to reinforce its focus on driving value across the business from mine to market with the appointment of Simon Trott …

New York, diamond tycoon Maurice Tempelsman of Lazare Kaplan International (LKI) has expresses interest in Namibia’s offshore mining. “We are also looking at some mining projects offshore  and some banking things,” said Tempelsman after a business meeting with President Hage Geingob, adding that the mining exploration is still in its preliminary …

Weatherly has drawn down US$2 million from Orion Mine Finance to accelerate the building of the leach pads and to fund working capital requirements at Tschudi. The funds come from US$10 million uncommitted loan announced early this year. Weatherly says to ensure the loan would be sufficient to meet the necessary funding requirements the …

Husqvarna Group is building its first solar power generating facility at its current injection molding site in Nashville, Arkansas, USA. The new facility is expected to reduce the CO2 footprint by approximately 1,000 tons in the first year of operation and approximately 25,000 tons over the expected 25 year life …