Aim-listed Goldplat’s South African gold recovery operations maintained profitability during the quarter ended March 31, recording an operating profit of £843 000.
This contributed to an operating profit of £3.4-million for the South African operatio…
Goldplat reports healthy operating profit for March quarter Read More »
TSX-listed Ivanhoe Mines has now completed 13.5 km of underground development at the Kakula copper mine, in the Democratic Republic of Congo (DRC). The company is 4.2 km ahead of plan on the mine’s development.
Ivanhoe advances Kakula underground development at record pace Read More »
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) decreased by 6% year-on-year to 147-million tonnes in March.
The association says the global steel industry is being impacted on by factory shutdo…
Steel downturn evident in global production figures for March Read More »
Uncertain times caused by economic downturns or natural disasters often cause companies to go into financial turmoil, which presents a key opportunity for better-endowed firms to acquire other businesses at a lower cost than normal; however, this calls…
CMS warns to not be hasty to push through M&A deals amid Covid-19 crisis Read More »
Research agency Standard & Poor’s Global Platts (S&P) says there is a lack of upside signals for global coal demand, and the agency remains cautious around any significant rebound.
This follows a bull market for coal that ran from 2016 to 2018…
Bearish stance on coal prices remains – S&P Read More »
Aim-listed Shanta Gold is on track to meet its full-year production guidance of between 80 000 oz and 85 000 oz of gold, with 20 167 oz produced in the first quarter of the year. This compares with the 19 550 oz produced in the fourth quarter of last y…
Shanta maintains production guidance, expects Kenya deal to close by mid-year Read More »
JSE-listed engineering and construction services group Murray & Roberts (M&R) continues to experience the impact on its projects from measures to contain the spread of Covid-19. In South Africa, the group is impacted by the extended lockdown pe…
M&R warns of impact of Covid-19 on full-year earnings Read More »
Absa has published an updated sustainability policy and standard for financing coal, affirming the bank’s commitment to responsible financing and doing its bit towards mitigating climate change.
The updated policy applies the Principles for Responsib…
Absa imposes strict new coal project financing criteria Read More »
Aim-listed Vast Resources has raised £600 000 through a placing of almost 400-million ordinary shares of 0.1p in the company at a price of 0.153p apiece.
The placing was undertaken by Axis Capital Markets, which was appointed as a joint broker to Vas…
Vast Resources raises £600 000 Read More »
Aim-listed gold project developer Kodal Minerals has received renewals on its exploration licences for the Dabakala and Korhogo concessions, in Côte d’Ivoire, for a further three years to April 2023.
The company is, however, still awaiting an explora…
Kodal secures exploration licence extensions in Côte d’Ivoire Read More »
