NYSE-listed Hecla Mining managed to achieve a second-highest quarterly production of silver, since 2016, in the three months ended June 30, despite being amid the Covid-19 pandemic.
More output combined with higher silver prices enabled the precious …
Rising silver output and prices lift Hecla results Read More »
The World Gold Council reports that global gold holdings reached a new all-time high of 3 785 t in July.
This after gold-backed exchange-traded funds and similar products recorded an eighth consecutive month of positive flows in July, adding 166 t, o…
Global gold holdings reached a new record in July Read More »
ASX- and JSE-listed Orion Minerals has requested a trading halt in its shares in anticipation of a proposed capital raising.
The company has requested two consecutive trading halts until the start of trade on August 10, or such earlier time as it mak…
Orion requests trading halt as it considers capital raising Read More »
The Global Tailings Review (GTR) on August 5 launched the Global Industry Standard on Tailings Management, which aims to ensure tailings dam failures are a thing of the past. The GTR was co-convened by the United Nations Environment Programme (UNEP), t…
Global Industry Standard on Tailings Management puts communities at the forefront Read More »
Aim-listed Hummingbird Resources reports that has achieved decent production results from its Yanfolila mine, in Mali, despite Covid-19 having caused a challenging operating environment in the second quarter of the year.
The company poured 24 054 oz …
Hummingbird expects to achieve higher second-half earnings Read More »
JSE- and NYSE-listed Gold Fields expects its basic earnings a share for the six months ended June 30 to be between 90% and 110% higher year-on-year at between $0.17 and $0.18.
Headline earnings per share (HEPS) for the first half of the year are expe…
Gold price lifts Gold Fields’ interim earnings Read More »
JSE- and NYSE-listed DRDGold has reported a 9% year-on-year increase in gold production to 174 385 oz in the financial year ended June 30.
The company attributes the increase in output to a larger contribution from the Far West Gold Recoveries operat…
DRDGold improves yearly output, just misses guidance Read More »
Even before Covid-19 hit South African shores, the mining industry was already in a structural decline and, without significant intervention to alter this trajectory, the sector’s output, employment and economic contribution will continue to decline.
…
JSE-, ASX and Aim-listed MC Mining has experienced a challenging June quarter, troubled by low coal volumes and prices.
The company’s Uitkomst colliery, in KwaZulu-Natal, did not produce run-of-mine (ROM) coal in April, while being limited to 50% lab…
MC Mining output, sales buckle under lower demand, prices in Q2 Read More »
Canadian miner Eldorado Gold has advised that all its mines are fully operational, with safe working practices in place, and has maintained its guidance for the year at between 520 000 oz and 550 000 oz.
The company produced 137 782 oz of gold in the…
Eldorado Gold swings to profit, maintains guidance Read More »
