Lucara Diamond Corp continues to make progress with the feasibility study for a potential underground operation at its 100%-owned and operated Karowe diamond mine, in Botswana. Following the release of a positive preliminary economic assessment (PEA), …
Lucara marks progress on Karowe feasibility study Read More »
Latin American miner Sierra Metals achieved strong production results in 2018, continuing a ten-year track record of consolidated yearly ore throughput growth, as well as record quarterly ore throughput at both its Bolivar copper and Cusi silver mines,…
Sierra Metals records strong yearly production Read More »
Diversified miner Anglo American achieved a 7% year-on-year increase in total production on a copper equivalent basis for the fourth quarter of 2018, excluding the effect of the stoppage at its Minas-Rio iron-ore mine, in Brazil. “Our continuing focus …
Anglo American delivers solid Q4 performance Read More »
Aim-listed BlueRock Diamonds has temporarily suspended operations at its Kareevlei mine in the Kimberley region of South Africa, owing to the imposition of a Section 54 notice from the Department of Mineral Resources (DMR). The Section 54 notice is in …
BlueRock temporarily suspends operations at Kareevlei Read More »
Diamond miner De Beers has lowered its production guidance for 2019 to between 31-million and 33-million carats. The company, which on Thursday reported production of 35.3-million carats for the 2018 financial year, attributes the lower production guid…
De Beers lowers 2019 output guidance Read More »
Anglo American Platinum (Amplats) produced 1.26-million ounces of platinum-group metals (PGMs) in the fourth quarter of 2018 – a 3% increase on the 1.22-million ounces produced in the fourth quarter of 2017. Amplats attributed the increase to an improv…
JV projects contribute to 3% y/y increase in Amplats’ Q4 PGM output Read More »
Rising municipal debt, coupled with Eskom’s poor financial and operational performance, pose a systemic risk to the sustainability of the company, State-owned Eskom CFO Calib Cassim said during public hearings into Eskom’s three-year tariff application…
Eskom warns of impact of rising municipal debt on its sustainability Read More »
Canadian junior Monarques Gold produced 4 417 oz of gold and generated $11.4-million in revenue in its second quarter ended December 31, 2018, the company reported on Wednesday, when it also announced that the suspension date of its Beaufor mine, in Qu…
Monarques achieves q/q production growth; Beaufor closure pushed back Read More »
The surface water baseline data report (BDR) for the proposed, underground Grassy Mountain gold project in Malheur county, Oregon, has been accepted, precious metals explorer and developer Paramount Gold Nevada announced on Wednesday. The BDR acceptanc…
Paramount reports permitting progress at Oregon gold project Read More »
Minerals exploration and development company Crusader Resources said on Wednesday that it needed to raise more funds before the end of January to continue as a going concern and that the board was in advanced discussions to resolve the funding shortfal…
Crusader needs more funds before month-end Read More »
