Mineral Resources and Energy Minister Gwede Mantashe on Tuesday met with the leadership of the Minerals Council in Johannesburg, to receive an update on the plans that have been put in place for the sector to adequately respond to the current Covid-19 …
Mantashe engages mining industry to consolidate Covid-19 plans Read More »
Dual-listed Endeavour Mining says each of its operations continue to manage and respond to coronavirus (Covid-19) within the framework of the company’s incident management and response plan, which was activated at the outbreak of the virus and has been…
Dual-listed Alphamin Resources’ 80.75% subsidiary, Alphamin Bisie Mining has exercised its previously announced option with senior lenders to defer debt capital repayments. As announced in October 2019, the company’s lender consortium granted an option…
Alphamin defers debt capital repayments Read More »
ASX-listed Paladin Energy on Friday completed the sale of its 85% interest in Paladin Africa to Lotus Resources and Lily Resources.
Paladin will hold the interest on trust pending receipt of the final in-country approvals.
Paladin Africa wholly owns …
Paladin completes Kayelekera sale Read More »
MC Mining implemented optimisation initiatives at the Uitkomst Colliery during the six months to December 31, which yielded very positive results, with run-of-mine (RoM) coal production increasing by 11% year-on-year, acting CEO Brenda Berlin said, rel…
MC Mining says optimisation initiatives bearing fruit Read More »
Fitch Solutions Country Risk and Industry Research, a unit of Fitch Group, has revised its 2020 gold price forecast upwards to an average of $1 680/oz from $1 450/oz previously, as risk-off sentiment among investors is expected to persist in the coming…
Fitch revises gold price upwards amid macroeconomic uncertainties Read More »
With gold prices surging to seven-year highs, it is seemingly a good time to be in the industry. In South Africa, however, the recovery has coincided with, and is being tainted by, a surge in so-called ‘gold raids’, characterised by heavily armed intru…
Criminal raids on gold mines pose new threat to South African industry Read More »
South African mining production increased by 7.5% year-on-year in January, Stats South Africa’s data shows. This was the biggest year-on-year rise in mining output since November 2017 when production increased by 7.8%.
Iron-ore, PGMs, coal contribute to 7.5% y/y rise in mining output Read More »
Gold producer Nord Gold (Nordgold) has increased funding for its employee development and wellbeing programmes by more than 17% to about $9.9-million for the 2020 financial year, from $8.2-million in the prior financial year. The Nordgold employee deve…
Nordgold increases funding for employee development, wellbeing Read More »
Aim-listed IronRidge has entered into an agreement to acquire 100% of Joy Transporters’ share capital, giving IronRidge full ownership of a further highly prospective lithium exploration portfolio in Ghana. The Saltpond and Cape Coast portfolio, which …
IronRidge bolsters lithium portfolio with acquisition of Joy Transporters Read More »
