South Africa-based Buffalo Coal’s revenue rose by 32% year-on-year to R127-million for the three months ended March 31. However, it incurred a loss from operations of R97-million, 1 030% lower than the R10.4-million profit of the corresponding period l…
Buffalo Coal suffers operational loss in March quarter Read More »
Morocco-focused potash development company Emmerson has completed the feasibility study on the company’s 100%-owned Khemisset potash project, which has confirmed a post-tax net present value of $1.4-billion and an internal rate of return of 38.5% over…
Khemisset feasibility study confirms project’s potential Read More »
Aim-listed Mkango Resources has donated a new Mindray WATO EX-20 anaesthetic machine to the Mercy James Centre at the Queen Elizabeth Central Hospital in Blantyre, Malawi. The new anaesthetic machine will help enable the hospital set up a new operating…
Mkango donates anaesthetic machine to Malawi hospital Read More »
Dual-listed Centamin, which operates the Sukari mine, in Egypt, has appointed Hendrik Faul as an independent nonexecutive director, effective July 1. He will chair the new technical committee and become a member of the audit and risk, and the sustainab…
Centamin appoints Hennie Faul nonexec director Read More »
Aim-listed Katoro Gold notes that the recent positive announcement by the Blyvoor joint venture (JV) project’s gold tailing scoping study has resulted in a significant increase in interest from potential funders who may provide the necessary financing …
Katoro to consider potential funding offers Read More »
A concept study on the viability of a floating dewatering, storage and offloading port facility (FDSO) at Aim-listed Zanaga Iron Ore Company’s (ZIOC’s) Zanaga project, in Congo-Brazzaville, has demonstrated the potential for a $184-million reduction in…
Concept study shows potential to lower capital cost at Zanaga project Read More »
Mineral exploration and development company Kodal Minerals says the Malian Ministry of Mines and Petroleum has accepted a feasibility study over the Bougouni lithium project, for which a mining licence application has been submitted. The Ministry confi…
Kodal marks progress on projects Read More »
One of South Africa’s oldest mining companies has rolled out a high-tech thermal screening solution at one of its mines in Limpopo and at its Sandton head office, as part of a wide-ranging initiative to protect its employees from the spread of Covid-19…
Mining company uses technology to gear up for Covid-19 Read More »
Gold is back in favour and producers are ready to take advantage of this, which is informing global equity, foreign exchange and precious metals broker dealer Velocity Trade Capital’s bullish outlook for the sector. The company’s bull case projects g…
Gold price to rise to $2 000/oz by year-end, says Velocity Trade Capital Read More »
Aim-listed Premier African Minerals has reaffirmed the basis for the proposed purchase of a further 7% in MN Holdings (MNH), the owner and operator of the Otjozondu manganese mining project in Namibia. Premier’s proposed additional purchase is based ex…
Premier reaffirms basis of further purchase in MN Holdings Read More »
