Emerging precious metals company Sabina Gold and Silver has entered into an agreement with a syndicate of underwriters to raise C$49-million, which it would use to advance the Back River gold project, in Nunavut. Led by BMO Capital Markets and RBC Capi…
Sabina raises C$49m to advance Back River gold project development Read More »
Not-for-profit organisation Young Mining Professionals (YMP) Toronto’s “Mining Cares” initiative has raised $190 420 for the United Way Greater Toronto (UWGT) Covid-19 Emergency Relief Fund. Donors of YMP raised $95 210, with YMP matching the first $5 …
Canadian ‘Mining Cares’ initiative raises over $190 000 for Covid-19 emergency relief Read More »
Aim- and AltX-listed metals processing company Jubilee Metals will relocate its fine chrome operation from the Dilokong chrome mine (DCM) to the group’s larger Inyoni or Windsor operations in South Africa. Jubilee on May 19 said the move would optimise…
Jubilee relocates chrome plant to maximise earnings Read More »
Gold miner Centamin’s earnings a share for the year ended December 31, 2019, increased by 17% year-on-year to $0.76. Its earnings before interest, taxes, depreciation and amortisation also increased by 10% year-on-year to $172.9-million, while operatio…
Centamin achieves positive full-year results Read More »
Renewed global concern about the risks of tailings dam failure is accelerating a revolution in the use of automated sensors to generate big, real-time data to better monitor and manage these facilities, reports SRK Consulting. “The need to know more ab…
More, faster data can make for safer tailings dams Read More »
Most metals markets are expected to move into a surplus this year, says research firm Fitch Solutions, noting that consumption is likely to decrease more than the decreases in production capacity, as a result of the spread of Covid-19. Although some op…
Fitch Solutions expects most metal markets to move into a surplus this year Read More »
Information gathered from across the globe is paving the way for South Africa’s surface mines to prevent the spread of the Covid-19 disease in the workplace and mitigate its effects during and after the pandemic, Aggregate and Sand Producers Associatio…
Miners learning lessons from global Covid-19 experiences Read More »
Royal Bafokeng Platinum (RBPlat) has pledged R3-million to support its local communities during the Covid-19 pandemic. The investment will provide about 2 500 food hampers and hygiene care packs to the needy and vulnerable communities over a three-mont…
RBPlat supports local communities during pandemic Read More »
Aim-listed Kefi Minerals has conditionally raised £3.7-million, before expenses, through the placing of 569-million new ordinary shares in the capital of the company to existing and new shareholders. Investors in the placing include UK investor RAB Cap…
Kefi raises £3.7m for Ethiopian gold project development Read More »
Aim-listed Kefi Minerals has conditionally raised £3.7-million, before expenses, through the placing of 569-million new ordinary shares in the capital of the company to existing and new shareholders. Investors in the placing include UK investor RAB Cap…
Kefi raises £3.7m for Ethiopian gold project development Read More »
