NYSE- and Aim-listed Caledonia Mining has reported a 30% year-on-year increase in profit to $9.2-million for the quarter ended June 30.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) were $9.6-million, which was 35% higher th…
Mineral Resources and Energy Minister Gwede Mantashe has welcomed the arrival of the DeepSea Stavanger oil and gas drill rig, in Cape Town, which has been commissioned by petrochemicals company Total.
Total and its partners will drill the Luiperd pro…
Total oil, gas drill rig arrives in Cape Town Read More »
The South African Reserve Bank has approved coal miner MC Mining’s issue of 13.3-million new share to raise a collective R15-million, or $900 000.
The new equity is being issued at a price of 105.56c apiece.
South African Reserve Bank approves MC Mining’s equity raise Read More »
JSE-listed Northam Platinum expects to achieve a record operating profit for the financial year ended June 30.
Normalised headline earnings per share (HEPS) should be between 562c and 621c, compared with normalised HEPS of 270c reported for the year …
Northam expects record operating profit despite output losses Read More »
NYSE-listed Newmont Corporation has commissioned global technology company ABB to design, supply, install and provide long-term service for the mine hoist mechanical and electrical systems, for the mine shaft at the Tanami mine, in Australia.
ABB’s $…
Newmont appoints ABB for mine hoist installation at Tanami mine Read More »
JSE-listed Harmony Gold Mining Company has advised that one of its employees has died after being injured in an engineering maintenance-related accident that occurred at the miner’s Kusasalethu mine, in Carletonville. A full investigation is under way …
Employee dies in accident at Harmony’s Kusasalethu Read More »
Canadian mining company Lucara Diamond Corporation expects revenue from its unique supply agreement with HB Group to start realising during the third quarter.
This follows after Lucara decided to not tender any of its diamonds larger than 10.8 ct in …
Lucara posts $14m second-quarter net loss, but supply agreement will soon boost revenue Read More »
South African Diamond Producers Organisation (Sadpo) chairperson Gert van Niekerk reports in a newsletter that the organisation’s former deputy chairperson and co-founder Jaap van Heerden has passed away.
Van Niekerk goes on to report that its member…
Sadpo co-founder dies; industry is managing Covid-19 well Read More »
TSX-listed Teranga has posted an updated, shorter life of mine (LoM) plan for the Wahgnion gold project, in Burkina Faso, on the back of increased production, which has also lead to a higher set production guidance for 2020.
Since achieving commercia…
Teranga shortens Wahgnion LoM plan, with intensified output forecasts Read More »
TSX- and NYSE-listed Taseko Mines has invited public comment on its commercial copper production facility, in Arizona, up to September 11.
This follows the Arizona Department of Environmental Quality issuing the company a draft aquifer protection per…
Taseko granted first of two permits to advance Florence to commercial production Read More »
