South32’s Mozal Aluminium smelter, which is located in the Mozambique capital Maputo, has pledged a $250 000 donation to support recovery efforts following the devastating impact of Cyclone Idai in the country. Commenting in a statement on Friday, Moza…
South32’s Mozal pledges $250 000 to aid Cyclone Idai recovery efforts Read More »
Gemfields expects to report a net loss of $60.4-million for the year ended December 31, 2018, compared with the net profit of $45.1-million reported for 2017. In rand terms, the net loss is expected to be R801-million, compared with a R600-million net …
Impairments, fair value losses to push Gemfields to a loss for 2018 Read More »
Exxaro has decided to terminate its agreement with Group Five Construction subsidiary, Group 5 Projects, with effect from March 21, following Group Five’s announcement that it has embarked on business rescue proceedings. Exxaro in April 2017 appointed …
Exxaro terminates Group 5 contracts Read More »
Caledonia Mining’s Blanket gold mine, in Zimbabwe, delivered a “robust” performance for the fourth quarter and the year ended December 31, 2018, despite the well-known challenges of operating in Zimbabwe, CEO Steve Curtis indicated in a statement on We…
Blanket mine delivers robust 2018 performance despite challenges Read More »
Development-stage Continental Gold has received a positive and high-grade mineral resource estimate for a mineralised zone in the central-west portion of the Yaraguá system at its Buriticá project in Antioquia, Colombia. The estimate for broad minerali…
Continental reports resource estimate for BMZ1 at Buriticá Read More »
Petra Diamonds’ board has decided that its chairperson Adonis Pouroulis should remain in his position for now. Following a November meeting with shareholders, during which 22.12% of shareholders voted against his re-election as chairperson, the board a…
Pouroulis to remain Petra chairperson Read More »
Fugui Qiao has resigned from the board of Wesizwe Platinum with effect from March 19. In a statement on Wednesday, the board extended its thanks to Qiao for his valuable contribution to the board and wished him well in his future endeavours.
Qiao resigns from Wesizwe board Read More »
The European benchmark ferrochrome price has been settled at $1.20/lb for the second quarter of 2019, JSE-listed Merafe Resources said in a statement on Tuesday. This is an increase of 7.1% from the benchmark price of $1.12 /lb in the first quarter of …
Benchmark ferrochrome price settled at $1.20/lb Read More »
Jupiter Mines has appointed Melissa North to the board of directors as FD, effective March 18. North, who is the first female to be appointed to the Jupiter board, joined Jupiter in 2012 as group financial controller and was subsequently appointed CFO …
Jupiter appoints its first female director Read More »
Asia-focused resource development group Bluebird Merchant has successfully raised £436 500, which it will use to advance its South Korean gold projects. The London-listed company reported on Monday that it had placed all the available headroom of 19 40…
Bluebird raises funds for South Korean gold projects Read More »
