Gold miner Pan African Resources has implemented the necessary measures at all its operations to conduct essential services during the remainder of the national lockdown period ending April 16, as approved by the Department of Mineral Resources and Ene…
Pan African continues with limited surface work, essential activities Read More »
Diversified mining and exploration company Bauba Resources managed to narrow its basic loss a share to 0.01c apiece in the year ended December 31, 2019, compared with a basic loss a share of 2.55c apiece in the year ended December 31, 2018.
The compa…
Bauba turns a profit in 2019 Read More »
Mitsubishi Corporation International (MCI) says in its latest precious metals update that it expects South Africa’s platinum supply to reduce by around 7%, or by between 200 000 oz and 300 000 oz, in light of closed operations during South Africa’s 21-…
Mitsubishi unpacks movement of PGM markets amid lockdowns Read More »
London-listed Petra Diamonds has, in accordance with what the Department of Minerals Resources and Energy expects from miners during South Africa’s 21-day lockdown period, scaled down its operations.
The diamond miner advised on March 27 that it had …
Petra Diamonds suspends guidance, scales down operations Read More »
JSE-listed coal miner Exxaro Resources has started implementing its Crisis Management Plan and Business Continuity Plan across the breadth of its business, which includes health and safety controls and preventive measures to curb the spread of Covid-19…
Exxaro applies to continue supplying coal to Eskom Read More »
JSE-listed coal miner Exxaro Resources has started implementing its Crisis Management Plan and Business Continuity Plan across the breadth of its business, which includes health and safety controls and preventive measures to curb the spread of Covid-19…
Exxaro applies to continue supplying coal to Eskom Read More »
US domestic demand for thermal coal will fall during the second quarter of the year as individual states shut down much of the industrial economy to try and stem the spread of Covid-19.
This is according to Moody’s Investors Service, which states tha…
Covid-19 to further weaken US coal demand in an already diminishing market Read More »
Aim-listed Scotgold Resources has confirmed that the development schedule of the 23 500 oz/y Cononish gold/silver mine, in Scotland, has been delayed, with first gold from the project only expected beyond May.
The company says excessive rain in Janu…
Development work at Scotland’s first commercial gold mine comes to a halt Read More »
London-listed European Metal Holdings (EMH) on Friday reached final agreement with integrated energy utility CEZ Group around a partnership and investment into the Cinovec lithium/tin project, in Czech Republic.
CEZ in November agreed to become a 51% …
CEZ to proceed with Cinovec investment Read More »
Aim-listed Chaarat Gold says although the impact of coronavirus on the global economy is significant, demand for the company’s products has remained relatively healthy.
The company has seen positive trends in cost reduction in both the jurisdictions …
Chaarat expects Tulkubash delays, but sees positive Covid-19 spin-offs Read More »
