The value of De Beers’ rough diamond sales for the fourth cycle of this year fell year-on-year “against a backdrop of macroeconomic uncertainty”, CEO Bruce Cleaver said on Tuesday. Sales decreased to $415-million, compared with $554-million in the four…
De Beers records lower sales amid macroeconomic uncertainty Read More »
TSX-V-listed Cobalt 27 has completed the acquisition of Highlands Pacific, bolstering the company’s prospects a growing diversified battery metals streaming and royalty company.
As a result of the acquisition, Cobalt 27 now holds an 8.56% joint ventu…
Cobalt 27 completes Highlands Pacific acquisition Read More »
The Canadian government has announced a C$325 000 investment in the Mining Association of Canada’s climate change adaptation project, which seeks to make mining operations resilient to a changing climate and extreme weather events. The project – Climat…
Canada funds mining climate change adaptation project Read More »
State-owned Transnet has appointed Mark Gregg-Macdonald acting CFO, with effect from May 13. He will also serve on Transnet’s board.
Transnet appoints acting CFO Read More »
TSX-V-listed Diamond Fields Resources (DFR) on Thursday unveiled a cooperation agreement with private equity firm Denham Capital’s Denham Mining Fund, which also includes an option agreement that could see the junior being carried to production at the …
Denham to support Diamond Fields’ Madagascar zircon project Read More »
The performance of British Columbia mining companies are mirroring the return of confidence to the global industry, with the mining sector of Canada’s westernmost province posting positive results for the second consecutive year.
PricewaterhouseCooper…
Confidence and investment returning to British Columbia’s mining industry Read More »
This week the CEO of Eunomix Claude Baissac paid Mining Weekly a visit and called on South Africans to act together to realise economic opportunities. In a time of energy uncertainty, the path is being paved for South Africans to generate their own ele…
Economic opportunities, electricity generation, Tharisa Minerals make headlines Read More »
Aim-listed Katoro Gold has entered into an investment and option agreement with fellow Aim-listed African Battery Minerals (ABM) that will result in ABM acquiring up to 35% of Katoro’s Haneti nickel project, in Tanzania, for £125 000. Under the terms o…
ABM to buy 35% stake in Katoro’s Haneti project Read More »
Diversified miner Bushveld Minerals’ Vametco subsidiary produced 270 t of vanadium in March – the highest monthly production rate achieved by the operation in the past 21 months. This achievement comes on the back of improvements in mine production sch…
Bushveld’s Vametco achieves record monthly production Read More »
West African gold producer Avesoro Resources achieved a 102% quarter-on-quarter increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to $9.5-million for the first quarter of this year. Its Ebitda margin also improved to 1…
Avesoro’s first-quarter Ebitda margin improves to 16% Read More »
