TSX-, NYSE- and Aim-listed Caledonia Mining says its earnings for the third quarter were positively impacted on by significant currency devaluations, which realised foreign exchange gains, during the quarter ended September.
The company achieved basi…
Caledonia experiences highs and lows in third quarter Read More »
JSE- and NYSE-listed Harmony Gold produced 361 085 oz of gold in the quarter ended September 30 – the first quarter of its 2020 financial year.
This was lower than the 378 510 oz produced in the quarter ended September 30, 2018, but 2% higher than the…
Harmony achieves higher price, but lower production in the first quarter Read More »
Diamond miner De Beers’ rough diamond sales value for the ninth sales cycle of this year increased to $390-million, compared with the $297-million reported for the eighth sales cycle.
Sales were, however, lower than the $442-million recorded for the n…
De Beers reports improved rough diamond buyer sentiment Read More »
Aim-listed Bushveld Minerals’ 84%-owned subsidiary Bushveld Energy has signed a term sheet agreement with CellCube Energy Storage Systems to acquire all issued shares in Enerox for €11-million.
A Bushveld Energy-led consortium has been granted exclus…
Bushveld group advances vanadium redox flow battery plans through Enerox deal Read More »
London-listed diversified metals producer Xtract Resources has reported that the alluvial mining contractor for the Manica Concession, in Mozambique, produced 994 oz of gold during the quarter ended September 30.
This compares with the 1 088 oz produc…
Manica project generates positive free cash for Xtract Read More »
London-listed Botswana Diamonds (BOD) has recovered the first diamonds from its plant commissioning activities at the Marsfontein mining permit.
The company’s 40%-owned associate Vutomi Mining was last month granted a mining permit for the diamond-be…
BOD recovers first diamonds from residual stockpiles at Marsfontein Read More »
Licence to operate and disruption are two of the biggest risks facing mining companies in Africa, a research report by EY, titled ‘Top risks and opportunities facing miners in Africa 2020’, has found.
“Social responsibility and stakeholder needs are i…
South African miners should counteract labour challenges, adopt more tech – EY Read More »
Gold remains a mainstream choice for investors, with 46% of global retail investors choosing gold products, while consumers prefer gold jewellery above jewellery made from other metals, the World Gold Council has found.
It surveyed about 18 000 peopl…
Gold’s appeal still potent, but trust issues remain – World Gold Council Read More »
Mine expansions in Brazil and increasing output from India, offset by declining output in China, will result in modest growth for global iron-ore production up to 2028, said research agency Fitch Solutions.
Fitch Solutions on Tuesday published its gl…
Iron-ore output to show modest growth to 2028 – Fitch Solutions Read More »
Those involved in the build-up to the Kimberley Process (KP) plenary meeting to be held in New Delhi, India, later this month, are experiencing “whirlwind days”, the World Diamond Council (WDC) said in a blog post this week.
The KP plenary meeting wi…
KP plenary will be ‘watershed’ moment for the industry – council Read More »
