Aim-listed explorer Oriole Resources confirmed that a first tranche of $2.5-million of funding has been secured for exploration work on the Oklila, or Pandora, and Gesdaba ephithermal gold projects, in Djibouti.
Oriole has an 11.8% holding in Thani S…
Oriole continues exploration at Djibouti prospects Read More »
JSE-listed Merafe Resources says low global demand and lower prices for ferrochrome had dampened its financial performance in the year ended December 31.
The company reported a headline loss a share of 1.8c apiece, compared with headline earnings a s…
Merafe swings to loss on low demand, prices Read More »
The International Energy Agency (IEA) expects global oil demand to decline this year as the impact of the Covid-19 virus continues to spread around the world.
The extent of the global impact of the virus is still uncertain, but demand for oil has non…
IEA expects 90 000 bbl/d fall in oil demand as a result of Covid-19 Read More »
TSX-V-listed Magna Gold has entered into a definitive purchase agreement with a subsidiary of Alio Gold to acquire the San Francisco mine, in Mexico. Magna CEO Arturo Bonillas said in an announcement last week that the acquisition was a pivotal moment …
Magna to acquire Mexican gold mine Read More »
Platinum group metals (PGMs) producer Northam Platinum has, for the first time, been included in the FTSE/JSE Top 40 index, ranking at number 32.
The admission will be effective from March 23.
Northam makes debut on FTSE/JSE Top 40 index Read More »
Diversified miner Exxaro Resources expects to report a 5% to 19% increase in headline earnings per share (HEPS) to between R28.05 and R31.80 for the year ended December 31.
Attributable earnings per share (AEPS) are also expected to be between 32% an…
Exxaro to report higher attributable, headline earnings Read More »
JSE-listed ferrochrome producer Merafe Resources has revised its expected headline loss a share for the year ended December 31, downward to between 1.2c and 2.3c. This is an improvement on the headline loss a share of 2.3c to 2.9c it initially expected…
Merafe lowers expected headline loss Read More »
Research agency Fitch Solutions says global gold mine production growth is set to rebound in the coming years, owing to higher prices and mergers between major mining firms.
The agency forecasts global gold production to increase from 107-million oun…
Russia set to overtake China as biggest gold producer from 2029 Read More »
The Heavy Haul Conference will again this year draw from international best practice to find ways of making South Africa’s railway industry more resilient and better prepared for the future.
Conference organiser, the South African Heavy Haul Associat…
Transnet, Minerals Council to discuss smart rail at Heavy Haul Conference Read More »
The World Diamond Council (WDC) strongly endorses the regional approach taken by the Mano River Union (MRU), in West Africa, to reinforce the effectiveness of the Kimberley Process Certification Scheme (KPCS).
The MRU held a three-day workshop in Sie…
World Diamond Council lauds regional programme of Mano River Union Read More »
