A third mining concession over an 11 807 ha area around the Mutamba mineral sands project, in Mozambique, has been awarded to Mutamba Mineral Sands, a subsidiary of London-listed Savannah Resources.
The concession is valid until September 2044 and br…
Third concession award helps Savannah progress to PFS stage for Mutamba Read More »
JSE-listed Gemfields has appointed board member Martin Tolcher chairperson.
He succeeds Brian Gilbertson, who decided it best to step down amid an ongoing process of obtaining a dual listing on the Aim.
Gilbertson steps down as Gemfields chair Read More »
London-listed Petra Diamonds has effected some organisational changes to help facilitate the rapid execution of its Project 2022 strategy.
These changes include a flatter management structure, with mines now reporting directly to CE Richard Duffy.
Petra dissolves COO position as part of efficiency drive Read More »
Aim-listed Botswana Diamonds (BOD) on Friday shared details of its areas of focus and strategy for the near future. This includes the ramp-up of its South African Marsfontein operation, which produced its first diamonds from gravels and residual stockp…
Botswana Diamonds outlines near-term focus areas Read More »
Mining production increased by 0.2% year-on-year in September, following a 3% year-on-year decline in August.
This was above consensus expectation of a 2.4% year-on-year decline for September, says Investec.
Iron-ore lifts South African mining output in September Read More »
Metals processing company Jubilee Metals’ share price on the JSE rallied by more than 10% on Thursday morning, while its shares on the LSE rose by nearly 7%, after it reported strong growth in earnings for the financial year ended June 30.
The Aim- a…
Jubilee’s shares rally as it swings to full-year profit Read More »
Metals processing company Jubilee Metals’ share price on the JSE rallied by more than 10% on Thursday morning, while its shares on the LSE rose by nearly 7%, after it reported strong growth in earnings for the financial year ended June 30.
The Aim- a…
Jubilee’s shares rally as it swings to full-year profit, raises funds Read More »
Operational issues and lower production at both its African gold mines negatively impacted on TSX- and Aim-listed Avesoro Resources’ financial performance in the third quarter ended September 30, pushing the miner into a loss.
It reported a loss befo…
Avesoro reports third-quarter loss, but maintains full-year output guidance Read More »
Dual-listed base metals developer Orion Minerals has increased its share placement to sophisticated and professional investors to $7.7-million, from the $6.4-million originally announced on October 25.
The company has now placed about 308-million ful…
Orion Minerals increases capital raising by $1.3m Read More »
Gold producer Nordgold, which has mining operations in Africa, Eurasia and the Americas, produced 288 900 oz in the third quarter, while the average realised gold price was $1 474/oz.
Production was 27% higher year-on-year and 12% higher quarter-on-q…
New Russian mine drives Nordgold’s third-quarter output higher Read More »
