Russia-based diamond miner Alrosa produced eight-million carats of diamonds and sold 9.4-million carats in the first quarter of the year.
The company generated sales revenues of $904-million from rough and polished diamonds of $904-million.
Alrosa achieves good first-quarter sales, maintains diamond output guidance Read More »
Standard Bank has decided to not table proposed climate change risk resolutions for voting by shareholders at its annual general meeting (AGM) in May, following pressure from nonprofit shareholder activism organisations Just Share and Raith Foundation …
Aim-listed gold miner Hummingbird Resources is on track to meet its guidance of producing between 110 000 oz and 125 000 oz of gold this year, after achieving decent production in the first quarter of the year and amid minimal Covid-19 impacts.
The c…
Hummingbird maintains gold output guidance, advances drilling Read More »
Aim-listed Power Metal Resources (POW) has started the process of acquiring a 51% interest in the Ditau project, in Botswana, from fellow Aim-listed Kavango Resources for £150 000 in shares. POW will issue about 35-million new ordinary shares of 0.1p e…
Power Metal Resources to start Ditau acquisition process by September 1 Read More »
TSX-listed Gran Colombia Gold in the first quarter of the year produced 56 247 oz of gold, compared with 60 601 oz produced in the first quarter of last year.
CEO Lombardo Paredes says while the first quarter’s production is pleasing, it came in lowe…
Gran Colombia delivers decent gold output despite fewer workers in March Read More »
London-listed Rainbow Rare Earths has exported a further 100 t of concentrate, after having exported 75 t in February.
The company has steadily increased production at its Gakara mine, in Burundi, and commissioning of a fleet of five new trucks will …
Rainbow Rare Earths continues to export through Tanzania Read More »
TSX- and NYSE-listed Platinum Group Metals (PTM) expects the South African government to grant a mining right for the Waterberg platinum group metals (PGMs) project shortly after the country’s lockdown ends on April 30. PTM president Michael Jones on A…
PTM expects Waterberg mining right to be granted soon after South African lockdown ends Read More »
Aim-listed Premier African Minerals has entered into a secured $200 000 loan agreement and related subscription agreement with a company owned by a trust of which CEO George Roach is a beneficiary.
The proceeds of the new loan will be used to support…
Premier borrows $200 000, sends letter of demand to Zim govt Read More »
Ratings agency Moody’s Investors Service already had negative outlooks for steel industries across the world, largely based on weak fundamentals in 2019, but the Covid-19 outbreak has made conditions worse and prompted the agency to cut the outlook for…
Moody’s cuts outlook for steel industries further Read More »
JSE-listed coal miner Wescoal will make use of the two-month extension period afforded to listed companies for reporting on their results for the year-ends to December 31, 2019; and January 31, February 29 and March 31, this year.
Wescoal motivates t…
Wescoal delays results publication to August Read More »
