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Mayfox becomes first E Africa miner to implement cost-control software

Kenyan-owned Mayfox Mining has signed an agreement with Sage Enterprise Resource Planning (ERP) X3 solution provider for the installation of an ERP solution, which will see the gold exploration company become the first mining company in...
23rd April 2014

Barrick-Newmont tie-up could create new top flight Australia gold producer

Australia could spawn a new mega gold producer if Barrick Gold Corp and Newmont Mining Corp spin off their Asia-Pacific assets, heating up competition with the country's underperforming market leader Newcrest Mining Ltd. Barrick and Newmont have...
23rd April 2014
Company Announcement

With the increase in global skill shortages, it is time to consider top talent from other industries? PDF Available

We have recently commented on various aspects of the skill shortages within our niche areas – notably Oil & Gas and Energy. And we’re not alone in highlighting the global talent shortage across these sectors, regular coverage is widespread...
23rd April 2014

Resolute production falls as Tanzania mine closes

Gold miner Resolute Mining has reported a significant decline in quarterly production as its Golden Pride operation, in Tanzania, was placed on care-and-maintenance. During the three months to March, Resolute produced 77 976 oz of gold, which was...
23rd April 2014

Mining lease granted over Wolfsberg - Global Strategic Metals

Metals explorer Global Strategic Metals has been granted mining leases over its 80% held Wolfsberg lithium project, in Austria. The ASX-listed junior had previously been granted a mining licence to carry out bulk mining activities at Wolfsberg,...
22nd April 2014

First Nation complains no English versions of QC uranium report published

The Grand Council of the Crees on Monday called upon the newly elected Quebec premier Philippe Couillard and his Quebec Liberal government to ensure that English versions were prepared for all documents relating to the public hearings of the...
21st April 2014

OceanaGold suspends New Zealand openpit ops after wall crumbles

Melbourne, Australia-based OceanaGold Corp on Monday reported that a section of the Macraes openpit west wall had failed on Saturday following heavy rainfall, blocking access to the underground mine. The TSX- and ASX-listed firm reported no...
21st April 2014

Barrick proposal to acquire Newmont hits roadblock – sources

The talks between Barrick Gold and Newmont Mining over a combination that would create a gold mining behemoth have hit a snag, but two sources close to the situation say the companies remain keen on a deal and discussions are likely to resume....
21st April 2014
Base Metals

Base metals prospects attract investment across continents

Denham Capital Management believes the outlook for copper and zinc prospects in South America is positive
In addition to focusing on copper mining investment opportunities in Africa, energy-focused global private-equity firm Denham Capital Management is investing in new copper projects in South America this year, company director Caroline Donally...
18th April 2014

Castle Hill and Red Dam gold projects, Australia Restricted

Phoenix Gold has signed a two-year milling agreement with FMR Investments for the Castle Hill project, in Western Australia.
18th April 2014
Mining Services

Shaft-sinking specialist awarded work at platinum mine

Additional shaft-sinking work was awarded early this year to international shaft sinking and underground construction group Shaft Sinkers by platinum producer Lonmin for work at its existing Karee 3 upper group two (UG2) project in Marikana,...
18th April 2014

DRDGold appoints chartered accountant to board

JSE-listed DRDGold has appointed chartered accountant Johan Holtzhausen as an independent nonexecutive director of the company.   Holtzhausen, who held a Bachelor of Science degree from the University of Stellenbosch and a Bachelor of Accounting...
17th April 2014
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