JSE- and TSX-listed Eastern Platinum’s (Eastplats’) operating loss narrowed to $800 000 in the third quarter, compared with a loss of $2.4-million in the third quarter of 2018.
As a result of positive working capital of $8.4-million as at September 3…
Eastplats narrows third-quarter losses Read More »
TSX-listed Ivanhoe Mines and joint venture (JV) partner Zijin Mining have made good progress with developing the Kamoa-Kakula copper mine, in the Democratic Republic of Congo (DRC), with initial production on track for the third quarter of 2021.
An i…
Ivanhoe’s Kamoa-Kakula on track for 2021 production start Read More »
Production at JSE-listed Gold Fields’ South Deep gold mine, in South Africa, increased again in the third quarter to 61 000 oz, up 23% year-on-year and 6% quarter-on-quarter.
CEO Nick Holland on Friday said the mine was likely to exceed its productio…
Gold Fields’ expects South Deep to exceed its full-year production guidance Read More »
Production at JSE-listed Gold Fields’ South Deep gold mine, in South Africa, increased again in the third quarter to 61 000 oz, up 23% year-on-year and 6% quarter-on-quarter.
CEO Nick Holland on Friday said the mine was likely to exceed its productio…
Gold Fields expects South Deep to exceed its full-year production guidance Read More »
Aim-listed vanadium producer Bushveld Minerals on Thursday announced that all outstanding conditions to the Vanchem and Ivanti acquisition had been fulfilled, effecting the $53.5-million transaction.
Bushveld Minerals acquired the Vanchem plant from …
Bushveld finalises Vanchem acquisition, on track with yearly guidance Read More »
ASX- and Aim-listed mineral sands producer Base Resources on Thursday announced that some activity at its Toliara project had been suspended by the government of Madagascar, pending the finalisation of discussions on fiscal terms applying to the projec…
Madagascar suspends Base’s project pending talks, DFS on track for December Read More »
Coal mining company Seriti Resources has concluded agreements to acquire South32’s majority shareholding in South Africa Energy Coal (SAEC) for R100-million in cash and further deferred payments of up to R1.5-billion a year to 2024. Seriti will buy Sou…
Up to Seriti to resolve coal supply contract with Eskom – South32 Read More »
Petrochemicals giant Sasol is targeting a 10% reduction in its greenhouse gas (GHG) emissions by 2030, bringing the current 56-million tonnes a year of emissions down to 50-million tonnes.
This forms part of Sasol’s commitment to mitigate climate cha…
Sasol sets out plan to cut emissions by 10% by 2030 Read More »
Holdings in gold-back exchange-traded funds (ETFs) hit a record high of 2 855.3 t, valued at about $136-billion, in the third quarter, owing to accommodative monetary policies and safe-haven and momentum buying.
This while the gold price had sustaine…
ETFs, central banks continue to turn to gold for investment Read More »
The value of gold hit a six-and-a-half-year high at $1 546/oz at the start of September, driven by investor sentiment and macroeconomic factors, says financial markets data provider Refinitiv in its latest ‘GFMS Gold Survey’.
Over the third quarter o…
Gold price, exchange-traded investment highest in almost seven years Read More »
