The Industrial Development Corporation of South Africa’s (IDC’s) credit committee has approved a R245-million loan facility for ASX-, Aim- and JSE-listed MC Mining for the construction of Phase 1 of its Makhado hard coking coal project, in South Africa…
MC secures funding for Makhado Phase 1 construction Read More »
Caledonia Mining’s Blanket mine, in Zimbabwe, produced 12 712 oz of gold in the second quarter ended June 30. While this was slightly below target, it was ahead of the 12 657 oz produced in the second quarter of 2018 and was also still at a level at wh…
Caledonia on track to achieve full-year guidance Read More »
The Democratic Alliance (DA) does not believe Mineral Resources and Energy Minister Gwede Mantashe’s budget vote for the Department of Mineral Resources, on Wednesday, took into account of the many areas of concern within the country’s mining industry….
Budget does not fully account for mining sector concerns – DA Read More »
Aim-listed Kefi Minerals, with projects in Ethiopia and Saudi Arabia, is targeting a number of major milestones this year. Reporting on its activities for the quarter ended June 30, on Wednesday, the company highlighted that it was targeting an updated…
Kefi targeting major milestones this year Read More »
Dual-listed West African gold producer Avesoro Resources completed the operational aspects of the transition to contractor openpit mining at both the Youga and New Liberty mines, in Burkina Faso, during the second quarter, positioning it to achieve its…
Avesoro on track to achieve revised full-year guidance Read More »
Gold miner Endeavour Mining has recorded a significant addition in high-grade resources at the Le Plaque discovery at its flagship Ity mine, in Côte d’Ivoire. The definition of seven new targets is also expected to boost confidence in delineating furth…
Endeavour grows Ity deposit’s resources to 500 000 oz Read More »
Aim-listed Premier African Minerals on Monday announced a strategic loan to MN Holdings (MNH), the owner and operator of the Otjozondu manganese mining project in Namibia, and the appointment of two key mining executives as consultants to Premier. Prem…
Premier to loan owners of a Namibian manganese project $1.35m Read More »
Aim-listed BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in the Kimberley region of South Africa, achieved record production of 3 516 ct in the second quarter, four times the 875 ct produced in the second quarter of last year. “…
BlueRock Diamonds’ new management delivers record quarterly performance Read More »
Tanzanian gold producer Acacia Mining achieved a 51% quarter-on-quarter increase in production in the second quarter. This follows the successful implementation of a revised mining plan at the North Mara underground and openpit operations, which result…
Acacia’s production rebounds sharply in second quarter Read More »
NYSE-listed gold mining company Newmont Goldcorp on Sunday reported that partial underground operations at its Red Lake mine in Ontario would resume by Tuesday. Underground mining was paused last week to allow for the installation of additional control…
Partial underground operations at Red Lake to resume – Newmont Goldcorp Read More »
