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Henry Lazenby
 
 

Henry Lazenby

Henry Lazenby is Contributing Editor: Americas – Online for Mining Weekly.

Tel: +27 11 622 3744 / +1 647 352 1305

Email: newsdesk@engineeringnews.co.za / henry@miningweekly.com

 

 

Market doldrums support ‘good times for streaming firms’ – Smallwood

The current sideways-to-down market was providing good opportunities for the handful of precious metals streaming firms, who were consistently turning a profit – albeit at lower margins – despite the continued doggedly low commodity price...
By: Henry Lazenby
Published on 17th September 2014
 

Global mining M&A rebounds, but Canada takes the cake

The three months ended June 30 saw global mergers and acquisitions (M&A) activity rebound from disappointing lows in the first quarter, but Canada was host to the most significant gold deals by a large margin, professional services firm KPMG...
By: Henry Lazenby
Published on 17th September 2014
 

Newmont to restart Indonesia ops in 6- to 8-weeks after new permit

Senior gold producer Newmont on Tuesday morning reported that it would expected to restart its shuttered Batu Hijau copper mine in Indonesia within six- to eight-weeks of receiving a permit, CEO Gary Goldberg said. Speaking at the Denver Gold...
By: Henry Lazenby
Published on 16th September 2014
 

Current activity a portent to future gold dearth

At the current rate of new gold deposit discoveries around the globe, new finds would only be able to replace about 600-million ounces, or half of the industry’s total output in he last 14 years. This was the stark message professional services...
By: Henry Lazenby
Published on 16th September 2014
 

ABG to rebrand in November following operational sea change

Tanzania-focused gold producer African Barrick Gold (ABG) will rebrand in November, saying its restructuring efforts over the past year under new CEO Brad Gordon had given it renewed confidence in its assets to break the association with parent...
By: Henry Lazenby
Published on 16th September 2014
 

Mining legend Friedland makes case for platinum at gold forum

Billionaire mining legend Robert Friedland on Monday made the case for platinum at the Denver Gold Forum, saying that while he was a known gold bear, platinum was the only precious metal that had disruptive medium-term demand dynamics in the...
By: Henry Lazenby
Published on 15th September 2014
 

Capstone cancels proposed $300m senior notes offering

Canadian base metals miner Capstone Mining on Friday said, owing to adverse general market conditions, it had pulled the plug on its proposed offering of $300-million senior notes due in 2022. Capstone president and CEO Darren Pylot pointed out...
By: Henry Lazenby
Published on 12th September 2014
 

Cameco, mineworkers reach tentative accord to end McArthur River lockout

Canadian uranium producer Cameco and mineworkers had reached a tentative deal that could end a two-week-long lockout at the world’s largest uranium mine, the McArthur River mine and Key Lake mill, in Saskatchewan’s Athabasca basin. Cameco on...
By: Henry Lazenby
Published on 12th September 2014
 

MBAC restarts SSP production after working capital drought

Brazil-focused fertiliser producer MBAC Fertilizer this week announced that it had restarted continuous single super phosphate (SSP) production at its Itafós operations, in Brazil, after receiving funds from the Santander working capital facility...
By: Henry Lazenby
Published on 12th September 2014
 

Newmont sells out of its 44% stake in Penmont JV with Fresnillo

The world’s largest primary silver producer, London-listed Fresnillo, has agreed to buy Newmont Mining’s 44% stake in its Mexican joint venture for $450-million in cash. The deal would secure Fresnillo a foothold in Mexico’s gold industry,...
By: Henry Lazenby
Published on 12th September 2014
 

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