To further proactively manage the Covid-19 threat at NYSE- and JSE-listed Sibanye-Stillwater’s platinum group metal operations in the US, the company has decided to reduce the number of people working at some of its sites. The company will take specifi…
Sibanye warns of lower activity from Blitz mine Read More »
The Association of Mineworkers and Construction Union (AMCU) reported on Friday afternoon that it had learnt of fatalities at AngloGold Ashanti’s Mponeng mine, in Gauteng, and Sibanye-Stillwater’s Thembelani shaft, in the North West. The union said in …
AMCU reports fatalities at AngloGold, Sibanye mines Read More »
Precious metals miner Polymetal will buy a 9.1% stake for $20-million in ThreeArc Mining – a company that owns the Tomtor niobium and rare-earth element (REE) project (Tomtor), in north-west Yakutia, Russia.
The acquisition provides Polymetal with a &…
Gold miner Polymetal gains exposure to ‘EV revolution’ Read More »
An updated prefeasibility study (PFS) for the Terronera silver/gold mine, in Mexico, has returned less robust economics than a prior study, prompting the Vancouver-based company to initiate an internal review of the PFS before proceeding to a full inde…
Endeavour Silver says updated Terronera PFS disappoints Read More »
JSE-listed precious metals miner Sibanye-Stillwater has reached agreements, in principle, with fellow listed Anglo American Platinum (Amplats) for the treatment of material following Amplats’ force majeure declaration earlier this month.
Amplats temp…
Sibanye tweaks agreements with Amplats Read More »
Platinum and gold mines in South Africa, which together make up the world’s biggest precious metals industry, are gearing up to try and minimise a local outbreak of the coronavirus that could disrupt operations where hundreds of thousands of people wor…
World’s biggest precious metal industry readies for coronavirus Read More »
Precious metals took another beating on concerns that a wave of emergency stimulus measures by central banks won’t be enough to improve a rapidly deteriorating economic outlook. Gold, coming off the biggest weekly drop in almost four decades, extended …
Gold slumps and platinum falls by most ever amid hunt for cash Read More »
Recently completed drilling at the Las Chispas project, in Sonara, Mexico, has doubled the size of the Babi Vista vein, Vancouver-headquartered SilverCrest Metals announced on Monday.
The in-fill and expansion drill results for Babi Vista show higher-…
SilverCrest expands high-grade silver/gold mineralisation at Las Chispas Read More »
The south African miner lowered total platinum group metals guidance for 2020 from 4.2-4.7 million ounces to 3.3-3.8 million ounces.
Amplats declares force majeure, cuts output forecast Read More »
Gold is heading for the biggest weekly gain since 2016, burnishing its credentials as an effective haven, as fearful investors struggle to assess the impact of the expanding global health crisis.
Bullion’s up 5.4% since Monday, near seven-year highs, …
Gold rallies on virus as Gundlach says it’s the thing to own now Read More »
