State-owned utility Eskom’s proposed tariff increases would cost some 150 000 direct mining jobs, all but eliminate the gold sector and, as a consequence, reduce Eskom’s mining client base by around 36%, thereby exacerbating the utility’s “death spiral…
The 2019 Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre from February 4 to 7 – will be the twenty-fifth iteration of the event, with the “world’s largest mining conference” having reached this milestone…
Indaba celebrates silver anniversary, reaffirms commitment to Africa Read More »
Increased economic uncertainty and declining metal stocks are expected to drive gold and copper prices this year, Fitch Solutions commodities analyst Sabrin Chowdhury stated during a webcast on Wednesday. She noted that the expected rebound in gold was…
Gold, copper prices to rebound in 2019 – Fitch Solutions Read More »
TSX-listed copper miner First Quantum has announced record production and sales for 2018, with copper output rising by 6% and sales by 3%. Total copper production amounted to 605 853 t, compared with 573 963 t in 2017. The company sold 596 513 t in 201…
First Quantum achieves record copper sales, production in 2018 Read More »
TSX-listed Lundin Mining has achieved, or exceeded, its yearly guidance at all of its operations, the diversified miner announced on Tuesday, releasing production results for the three and twelve months ended December 31, 2018. The company produced 48 …
Lundin’s strong Q4 boosts full-year production results Read More »
Improved sentiment on the back of a newly appointed Minerals Resources Minister, the publication of and the subsequent consensus on Mining Charter 3 after extensive consultations, and mixed global commodities demand influenced by macroeconomic developm…
Policy certainty lifts sentiment, safety slips and a challenging 2019 forecast Read More »
Media coverage of the diamond industry in 2018 has been dominated by the progression of laboratory-created diamond production, distribution and pricing dynamics, according to independent diamond expert Paul Zimnisky. He commented that several new playe…
Synthetic diamonds hogged media attention in 2018 Read More »
