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South Africa’s development finance system facing strategic challenge – IDC

ECONOMIC TRANSFORMATION / Martin Creamer

South Africa’s development finance system is facing a strategic challenge, says IDC CEO TP Nchocho. Nchocho and some members of the IDC executive team conversed with Mining Weekly in a Zoom interview to among other things, reinforce the IDC’s key messa…

South Africa’s development finance system facing strategic challenge – IDC Read More »

Chevron to start sale process for North West Shelf LNG stake

OIL & GAS / Bloomberg

Chevron. will start a sales process for its interest in the North West Shelf project in Australia, one of the nation’s first liquefied natural gas export ventures, after receiving a number of approaches from potential buyers.

The US energy major has b…

Chevron to start sale process for North West Shelf LNG stake Read More »

Contango makes entry on LSE with billion-tonne Zimbabwean coal asset

Coal / Marleny Arnoldi

Investment holding company Contango Holdings on June 18 started trading on the LSE.

The company’s share capital consists of 203-million shares of 1p each.

Contango makes entry on LSE with billion-tonne Zimbabwean coal asset Read More »

Screening apps and 41-day vacations: Keeping miners Covid-free

Covid-19 / Bloomberg

With hundreds of people living and working in close proximity, mines — and the camps that house their workers — seemed like fertile territory for the coronavirus to spread.

So far, the global mining sector has yet to face the kind of outbreaks that pa…

Screening apps and 41-day vacations: Keeping miners Covid-free Read More »

Gem earns healthy proceeds from first-half tenders

DIAMONDS / Marleny Arnoldi

London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, sold 15 diamonds for more than $1-million each in the first half of this year.

This includes one diamond that was sold for more than $5-million.

Gem earns healthy proceeds from first-half tenders Read More »

Amplats targets operating at 75% to 80% capacity by year-end

CORPORATE SOCIAL RESPONSIBILITY/PLATINUM / Marleny Arnoldi

Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) expects to ramp up its production to between 75% and 80% of capacity by year-end, CEO Natascha Viljoen said on June 18.

Viljoen explained that Amplats had started up 20% of its produ…

Amplats targets operating at 75% to 80% capacity by year-end Read More »

NMP says marine phosphate mining will help grow Namibia’s economy

POTASH & PHOSPHATES / Donna Slater

Namibia-based marine phosphate hopeful Namibian Marine Phosphate (NMP) says Namibia, with one of the world’s largest undeveloped phosphate resources, stands to benefit from the development of a phosphate project and fertiliser industry that will suppor…

NMP says marine phosphate mining will help grow Namibia’s economy Read More »

Barrick starts field work at Precipitate’s Dominican project

Uncategorized / Simone Liedtke

TSX-V-listed Precipitate Gold has announced the start of exploration and field work by gold major Barrick Gold at the Pueblo Grande project, in the Dominican Republic. Precipitate’s Pueblo Grande is adjacent to Barrick’s Pueblo Viejo gold and silver mi…

Barrick starts field work at Precipitate’s Dominican project Read More »

Fort Cady borate mine construction accelerated

INDUSTRIAL MINERALS / Simone Liedtke

ASX-listed American Pacific Borates has accelerated construction activities at its Fort Cady borate mine, in the US. This follows the June 1 announcement of A$77-million raised to fully finance Phase 1A of the mine.

Fort Cady borate mine construction accelerated Read More »

Hastings to start drilling at Yangibana project

Uncategorized / Simone Liedtke

Rare earths explorer and developer Hastings Technology Metals has engaged a drilling contractor for the 2020 Yangibana exploration programme. The priority focus of the programme is to test a series of highly prospective extensional targets within the Y…

Hastings to start drilling at Yangibana project Read More »

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Recent Posts

  • Tesla and Giga Metals reported talks sends stock soaring
  • President Regan and peaceful protestors
  • Really great article from Jon Rappaport
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  • The biggest puzzle regarding gold’s rise
  • MINING PEOPLE: Eldorado, Fission Uranium, Norseman Capital, Oroford, Trevali
  • Webinar: Porphyry deposits of the northwestern cordillera of North America
  • Argonaut Gold sells Ana Paula project in Mexico
  • SPY Expectations For The Rest of September
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