Aim-listed Goldplat’s South African gold recovery operations posted a profit of £2-million for the fourth quarter ended June 30, despite 25 production days being lost owing to the Covid-19 lockdown.
This brought profit for the full year for the compa…
Goldplat reports higher full-year profit despite Covid-19 impacts Read More »
Emerging marine phosphate miner Namibian Marine Phosphate (NMP) reports that a review application launched by the Confederation of Namibian Fisheries Associations and three other applicants was heard in the High Court of Namibia on July 7.
NMP’s shar…
NMP awaits court judgment on Sandpiper marine phosphate project Read More »
NYSE- and TSX-listed Golden Star Resources has entered into a binding agreement with Future Global Resources (FGR) for the sale of Golden Star’s 90% interest in the Bogoso-Prestea gold mine, in Ghana. FGR will pay a purchase price of $55-million with a…
Golden Star sells Bogoso-Prestea project to newly established Future Global Resources Read More »
TSX-listed Karnalyte Resources has engaged Canadian accountancy and business advisory MNP to advise the board on its long-term strategic direction. The board initiated a strategic review process to evaluate a range of potential strategic alternatives a…
Karnalyte tasks MNP to consider strategic options, review Proteos feasibility Read More »
South Africa lacks a healthy junior exploration and mining sector, when it could be a catalyst for growth and transformation in the sector, says the South African Diamond Producers Organisation (Sadpo).
For example, the discovery of alluvial diamonds…
Junior diamond miners can again be catalysts for mining sector growth, says Sadpo Read More »
State-owned fund manager, the Public Investment Corporation (PIC) has increased its shareholding in NYSE- and JSE-listed precious metals miner Sibanye-Stillwater from 10.0031% to 15.024%. The PIC had in October last year increased its stake in the mini…
PIC lifts stake in Sibanye to 15% Read More »
LSE- and ASX-listed Pensana Rare Earths has appointed Paradigm Project Management to oversee the Longonjo rare earths project in Angola.
Pensana says the company brings an Afri-centric engineering capacity to the team and will help coordinate the ban…
Pensana appoints Paradigm to consultancy arsenal Read More »
London-listed Sylvania has successfully ramped up to full capacity at its Sylvania Dump Operations (SDO), following a hard lockdown and subsequent ramping up process in South Africa, in the quarter ended June 30.
The company only produced 9 055 oz of…
Covid-19 slashes Sylvania’s fourth-quarter production, profit Read More »
JSE-listed Harmony Gold has advised that one of its employees has died after incurring injuries in a mine-related accident, at the Bambanani mine, in Welkom. The company is investigating the incident, while continuing to reinforce safety across all its…
Harmony reports fatality at Bambanani Read More »
TSX-listed Erdene Resource Development Corporation has announced a nonbrokered private placement of about C$20-million, led by a $15-million strategic investment from Canadian businessman Eric Sprott. The funds from the financing will be used to initia…
Sprott invests $15m in Erdene Read More »
