TSX-listed Endeavour Mining on Monday reported that its production for the 2019 financial year, at 651 000 oz, at an all-in sustaining cost (AISC) of $818/oz, had been in line with guidance. Production was 6% higher year-on-year and at the bottom end o…
Endeavour meets production guidance for seventh consecutive year Read More »
Development of TSX-listed Ivanhoe Mines’ Kakula mine, the first of multiple planned mining areas at Kamoa-Kakula, in the Democratic Republic of the Congo (DRC), is said to be making “excellent progress”, with civil works advancing rapidly and initial c…
Ivanhoe reports ‘excellent progress’ at Kamoa-Kakula Read More »
LSE-listed Gem Diamonds has highlighted the recovery of a number of top-quality white, as well as one pink, diamond from its Letšeng mine, in Lesotho, between February 28 and March 3.
Five white gem diamonds, weighing between 33 ct and 114 ct, were re…
Gem’s Letšeng continues to deliver special diamonds Read More »
Research agency Fitch Solutions expects global nickel production to decrease significantly over the course of this year, as major producer Indonesia’s nickel ore export ban comes into effect. The ban in Indonesia was announced in September 2019, bringi…
Global nickel production to decline significantly in 2020 – Fitch Solutions Read More »
Diversified miner Exxaro Resources has appointed Tamara Qwatekana as the company’s first ever female mining manager. She will be based at Exxaro’s digital connected mine in Belfast, Mpumalanga.
Exxaro appoints first-ever female mining manager Read More »
Global gold-backed exchange-traded funds (ETFs) and similar products added 84.5 t, or net inflows of $4.9-billion, across all regions in February, boosting holdings to a new all-time high of 3 033 t, according to new data published by the World Gold Co…
Gold-backed ETFs, similar products boost holdings to all-time highs Read More »
Financial services provider Standard Bank has released its Thermal Coal Mining Policy, making it the first South African bank to publicly release a policy on lending to coal mining projects. This follows a landmark shareholder vote in favour of a clima…
Standard Bank releases policy on lending to thermal coal mining projects Read More »
JSE- and NYSE-listed Gold Fields CEO Nick Holland has bought a further 30 690 of the company’s shares at about R95.19 a share. He paid more than R2.9-million for the shares, a notice published on the JSE’s Stock Exchange News Service on Wednesday shows…
Holland buys more Gold Fields shares Read More »
The wash plant at Aim-listed Edenville Energy’s flagship Rukwa coal project, in south-west Tanzania, restarted continuous operations on Tuesday. The thermal coal project developer announced last month that a stockpile of about 6 000 t of unwashed run-o…
Edenville restarts operations at Rukwa wash plant Read More »
Set against the earlier prediction of a “sizeable surplus” for 2020, the World Platinum Investment Council (WPIC) has revised its forecast for platinum supply in 2020 downward, with demand now expected to exceed supply by only 1.5%, or 119 000 oz. Tota…
Platinum supply to exceed demand by only 1.5% this year, says WPIC Read More »
