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New Imperial CEO to take over from Swanepoel in February
Published: 23 Jan 19
Mohammed Akoojee will take over as CEO of integrated outsourced logistics provider Imperial Logistics with effect from February 1. This follows the earlier-than-expected conclusion of the handover process.
BlueRock expands Kareevlei resource, grades
Published: 23 Jan 19
Aim-listed BlueRock has updated its 2013 inferred level of confidence in the diamond mineral resource for the Kareevlei kimberlite cluster. The company owns and operates the Kareevlei diamond mine, in Kimberley, South Africa, and appointed Z Star Mineral Resource Consultants to compile its reports.
SANDF warns civilians against wearing its uniforms, man nabbed
Published: 23 Jan 19
A 20-year-old Western Cape man allegedly seen on national television wearing an item of the uniform of the armed forces of the Republic of South Africa without authorisation has been arrested.  The arrested person was released on a warning and will appear before the Bellville Magistrate Court on Thursday.
Giyani water project subcontractor 'determined to fight to the end'
Published: 23 Jan 19
Khato Civils, the subcontractors removed from the R3bn Giyani water project, is preparing to fight tooth and nail for its reinstatement. This follows the water and sanitation department's announcement on Tuesday that the contract between Lepelle Northern Water (LNW) and LTE Engineering had been terminated. LTE was meant to connect running water to 55 Giyani communities and sub-contracted Khato Civils for the job. The contract was terminated two weeks after a 6-year-old boy fell to his death ...
Miners welcome Labour’s A$1bn hydrogen strategy
Published: 23 Jan 19
The resources sector has welcomed the federal opposition’s A$1-billion hydrogen strategy, to fund hydrogen research and commercial development. Labour’s plan will see A$1-billion in funding from the Clean Energy Finance Corporation go towards supporting clean hydrogen development, with up to A$90-million of unallocated funding from the Australian Renewable Energy Agency going to support research, demonstration and pre-commercial deployment of hydrogen technologies.
Botswana Diamonds to raise £370 000 for exploration activities
Published: 23 Jan 19
Aim-listed Botswana Diamonds has undertaken a share placing with existing and new investors to raise £370 000 through the issue of just over 67.2-million new ordinary shares at a placing price of 0.55p a placing share. The proceeds will be used to fund exploration activities during the current year in Botswana and South Africa, and to provide additional working capital for the company.
Barrick continuously improves performance from Mali operations
Published: 23 Jan 19
Canadian miner Barrick Gold Corporation’s Loulo-Gounkoto complex, in Mali, has had a fourth consecutive quarterly improvement in gold production. This was despite an illegal work stoppage that resulted in it missing its full year production guidance of 690 000 oz by 4%.
RNC hits 7 621 g/t gold at Australia’s Beta Hunt
Published: 23 Jan 19
The Beta Hunt mine in Australia is continuing to yield extraordinary gold exploration results, with Canada-based RNC announcing on Tuesday that it had intersected 7 621 g/t of coarse gold. The high-grade discovery was in one of the first sets of holes that the company drilled at the Western Flanks shear zone, where a small section of the shear yielded a drill intersection containing high-grade coarse gold that assayed 7 621 g/t over 0.27 m.
Northern Star quarterly output dips Northern Star quarterly output dips
Published: 23 Jan 19
Gold miner Northern Star Resources has reported a slight fall in production during the December quarter, as weather events impacted on its Australian operations. Gold production during the three months to December reached 193 252 oz, compared with the 207 600 oz produced in the previous quarter, while ounces sold declined slightly from 212 682 oz to 210 561 oz in the same period.
Mount Gibson reports solid quarter
Published: 23 Jan 19
Junior Mount Gibson Iron has reported a solid quarter during the three months to December, with direct shipping ore (DSO) production reaching just over 1-million tonnes, compared with the 1.1-million tonnes in the previous quarter. “Mount Gibson delivered another strong performance in the December quarter. We maintained steady sales from the Mid-West as mining in the Iron Hill deposit wound down, and continued to make good progress at our high-grade Koolan Island restart project, in the Kimberley, where we are targeting first ore sales at the end of the March quarter,” said CEO Peter Kerr.
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