Aim-listed Arc Minerals has entered into a binding royalty agreement with Golden Square Equity Partners, following the sale of Arc’s entire 99.43% interest in Casa Mining to Golden Square for up to $50-million, as announced in March. Under the terms of…
Arc finalises royalty agreement with Golden Square Read More »
JSE-listed Afrimat expects its earnings a share for the year ended February 29 to be between 318.2c and 362.4c, reflecting an increase of between 44% and 64% year-on-year. Its headline earnings a share are expected to be between 323.1c and 369.9c, refl…
Afrimat expects to report higher full-year earnings Read More »
Platinum group metals producer Eastern Platinum’s (Eastplats)’ subsidiary, Barplats Mines, has been authorised to operate its tailings retreatment project at the Crocodile River mine at a reduced capacity and to transport and export the chrome concentr…
Barplats resumes operations at Crocodile River mine Read More »
Twiga Minerals Corporation, a joint venture between dual-listed Barrick Gold Corporation and the Tanzanian government, has announced a support programme to assist the country in combating and containing the Covid-19 pandemic. Barrick’s Africa and Middl…
Barrick joins fight against covid-19 in Tanzania Read More »
LSE-listed Gem Diamonds’ second round of the flexible tender sales process has been concluded and raised a further $6.7-million for a selection of large, high-quality diamonds recovered at its Letšeng mine, in Lesotho. The company achieved an average …
Gem concludes flexible tender sales process Read More »
Midtier gold producer Centamin, operator of the Sukari gold mine, has committed ten-million Egyptian pounds, equivalent to about $635 000, to support Egypt’s response efforts to combat the coronavirus pandemic. As the country’s largest mining company, …
Centamin donates to Egypt’s Covid-19 response Read More »
As supply of sanitisers continue to run low owing to high demand, national mineral research organisation Mintek has produced more than 600 ℓ of hand and surface sanitisers to use and distribute to staff. Sanitisers were produced in Mintek’s controlled …
Mintek produces own sanitisers to assist with Covid-19 response Read More »
Dual-listed Platinum Group Metals (PTM) says the shareholders of Waterberg JV Resources have executed a formal amended purchase and development option agreement with Impala Platinum (Implats). In consideration for the amendment, first announced on Febr…
Waterberg JV partners sign amended agreement Read More »
Gold is being used in new Covid-19 rapid tests around the world, which identify the presence of biomarkers from the body’s immune response to Covid-19 instead of looking for the virus itself. The tests can also help detect if a person has been infected…
Gold has a role to play in Covid-19 testing toolbox Read More »
During the 21-day lockdown period, mining operations in South Africa will scale down significantly, and the effect on deep-level mines will probably be the most significant, says specialist legal provider Bowmans tax executive Adéle de Jager. The major…
Bowmans outlines tax impact of Covid-19 on mining companies Read More »
