Modern Mining

Perseus Mining, which operates the Edikan gold mine in Ghana and is listed on the ASX and TSX, reports that it “steadily advanced” the development of its second gold mine, Sissingué, during the June quarter. The open-pit mine, expected to produce 80 000 oz/a in its first 3,25 years and 70 000 oz/a over its five-year life, is located in Côte d’Ivoire.

Rainbow, the AIM-quoted rare-earth element mining company, reports that independent laboratory testing recently undertaken in respect of its ‘main vein’ at Gasagwe in Burundi has returned an average Total Rare Earth Oxide (TREO) grade of 62,17 %. Gasagwe is the area within the company’s 39 km2 mining licence which is expected to provide ore for the first two years of production, which is targeted to commence in Q4 2017.

In its second quarter report (to 30 June 2017), ASX-listed Syrah Resources says that its Balama graphite project in northern Mozambique was 90 % complete at the end of the quarter with commissioning activities underway.

Ivanhoe Mines’ Executive Chairman Robert Friedland, CEO Lars-Eric Johansson and Platreef Project Managing Director Patricia Makhesha have welcomed the positive findings of an independent Definitive Feasibility Study ( DFS ) of the planned initial 4 Mt/a mine and concentrator in the first phase of development of the company’s Platreef mine.

Randgold Resources’ Tongon gold mine in Côte d’Ivoire continues to ramp up production as it tracks its 2017 target of 285 000 ounces, Chief Executive Mark Bristow said at a media briefing in Abidjan on 22 July.

Rainbow, the rare-earth element mining company, reports that it hosted the President of the Republic of Burundi, Pierre Nkurunziza, and other notable guests at an inauguration ceremony for the company's Gakara rare earth project on 21 July.

Contact Modern Mining

Title: Editor
Name: Arthur Tassell
Email: mining@crown.co.za
Phone: +27 11 622-4770
Fax: +27 11 615-6108

Title: Advertising Manager
Name: Bennie Venter
Email: benniev@crown.co.za
Phone: +27 11 622-4770
Fax: +27 11 615-6108

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