Transamine Trade and the Kamativi Tailings Company (KTC) have signed a term sheet for a $9.5-million finance and offtake facility for concentrate produced from the Kamativi tailings lithium project, in Zimbabwe. The proceeds will be used for the constr…
Chimata signs $9.5m finance, offtake facility for Zimbabwe tailings project Read More »
The joint business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Koornfontein Mines (KFT) expect to convene meetings with creditors within the next few weeks to vote on the proposed business rescue plans for the mines. The meetings will ta…
London-listed Acacia Mining’s North Mara gold mine, in Tanzania, has received an environmental protection order (EPO) requiring the payment of a fine of $130 000, or TSh300-million. The EPO was issued in relation to alleged breaches of environmental re…
Acacia’s North Mara mine issued $130 000 environmental fine Read More »
London-listed Acacia Mining’s North Mara gold mine, in Tanzania, has received an environmental protection order (EPO) requiring the payment of a fine of $130 000, or TSh300-million. The EPO was issued in relation to alleged breaches of environmental re…
Acacia’s North Mara fined $130 000 for alleged environmental transgressions Read More »
JSE- and NYSE-listed Sibanye-Stillwater on Thursday said its South African platinum group metals (PGMs) operations continue to do well, with the miner expecting its platinum, palladium, gold and rhodium (4E) PGMs production for 2018 to be about 1.17-mi…
Sibanye reports good PGMs performance, but gold output falls amid strike Read More »
Dual-listed Centamin produced 472 418 oz of gold in 2018 – a 13% year-on-year decrease. The company, which operates the Sukari mine, in Egypt, had, during 2018, revised its full-year guidance downward in response to operational challenges, including lo…
Centamin FY18 output falls 13% y/y in ‘operationally challenged’ year Read More »
Dual-listed Centamin produced 472 418 oz of gold in 2018 – a 13% year-on-year decrease. The company, which operates the Sukari mine, in Egypt, had, during 2018, revised its full-year guidance downward in response to operational challenges, including lo…
Centamin output falls 13% y/y in ‘operationally challenged’ year Read More »
West Africa-focused gold exploration company Cora Gold has appointed independent consultancy Wardell Armstrong International (WAI) to undertake a preliminary metallurgical test work programme at the company’s Sanankoro gold discovery, in southern Mali….
Cora appoints WAI to undertake metallurgical test work at Mali project Read More »
Association of Mineworkers and Construction Union (AMCU) president Joseph Mathunjwa on Wednesday said the union would continue its protected strike at Sibanye-Stillwater’s gold operations until its demands for a R1 000 increment for the next three-year…
AMCU reveals 2019 plans amid ongoing strike at Sibanye-Stillwater Read More »
The Hong Kong Stock Exchange has provided Mongolian coal producer SouthGobi Resources with a resumption guidance, compelling the company to conduct a forensic investigation of past conduct engaged in by former senior executive officers and employees of…
