Diamond miner De Beers has revised its full-year production guidance downward to about 31-million carats, leaning towards the lower end of the previous range of between 31-million and 33-million carats, in response to weaker trading conditions experien…
De Beers lowers full-year output expectations on weaker demand Read More »
JSE-listed Kumba Iron Ore’s sales for the six months ended June 30, increased by 1% to 21.3-million tonnes, while export sales increased by 2% to 19.9-million tonnes, ultimately reflecting an improvement in rail performance which allowed the miner to m…
Kumba’s first-half sales increase reflective of improved rail performance Read More »
JSE-listed Kumba Iron Ore’s sales for the six months ended June 30, increased by 1% to 21.3-million tonnes, while export sales increased by 2% to 19.9-million tonnes, ultimately reflecting an improvement in rail performance which allowed the miner to m…
Kumba’s first-half sales increase reflective of improved rail performance Read More »
Durban-based condition monitoring specialist WearCheck has bought Anglo Field Services (AFS), adding three new established divisions to the company’s reliability solutions portfolio, including nondestructive testing (NDT), technical compliance (TC) and…
WearCheck acquires reliability testing company, boosts services Read More »
The second translocation of elephants from diamond miner De Beers’ Venetia Limpopo Nature Reserve (VLNR), in South Africa, to Zinave National Parks, in Mozambique, has been completed. The first herds of elephants were corralled at the VLNR on June 25, …
De Beers reports successful second translocation of elephants Read More »
Africa-focused metals producer Pan African Resources has exceeded its full-year production guidance of 170 000 oz, with output up 7.5% year-on-year to 172 442 oz. This has seen Pan African emerging as a “safe, low-cost and long-life gold producer”, CEO…
Pan African exceeds full-year production guidance Read More »
Africa-focused Pan African Resources’ Barberton Mines has lost a number of production days as a result of protest action, which the miner says is unrelated to normal industrial action. In a statement issued on Friday, Pan African said it would take the…
Pan African condemns protest action affecting Barberton Mines Read More »
An improved rand platinum-group metals (PGMs) basket price and improved operational performances during the financial year ended June 30 are expected to result in platinum miner Impala Platinum (Implats) reporting basic and headline earnings a share fo…
Implats to swing to full-year earnings Read More »
Firestone Diamonds has recovered a 54 ct intense fancy yellow, sawable diamond from its Liqhobong mine, in Lesotho. The diamond will go on sale at the next tender, which is scheduled to take place during September.
Firestone recovers 54 ct yellow diamond at Liqhobong Read More »
TSX-listed Continental Gold on Friday announced that it had closed a previously announced nonbrokered private placement with Eric Sprott through 2176423 Ontario, pursuant to which the company issued 10.6-million common shares for $25-million. The proce…
Continental closes $25m private placement Read More »
