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Weekly Coal Index Report

Coal / Creamer Media Reporter

Coal prices enjoyed a moderately volatile yet upbeat week, at least for API#4, although the RB1 discount widened a little. Rand strength also means that domestic prices are lower. The wider energy complex stabilised with oil prices moving higher, altho…

Weekly Coal Index Report Read More »

Covid-19 workplace protocols must become ‘second nature’ for any further lockdown easing

COVID-19 LOCKDOWN / Terence Creamer

Organised business has called for domestic firms to take steps to ensure that their workplaces are Covid-19-ready in light of President Cyril Ramaphosa’s May 24 announcement that the country would transition from lockdown Level 4 to Level 3 from June 1…

Covid-19 workplace protocols must become ‘second nature’ for any further lockdown easing Read More »

Dominion Diamond reaches agreement to sell substantially all its assets

DIAMONDS / Creamer Media Reporter

Struggling miner Dominion Diamond Mines, which filed for insolvency protection last month, has reached an agreement to sell substantially all its assets in a transaction that will allow mining operations at Ekati to resume and avoid bankruptcy.

The co…

Dominion Diamond reaches agreement to sell substantially all its assets Read More »

Northam Platinum strengthens liquidity, attracts R411m new funding

Platinum Group Metals / Martin Creamer

Platinum group metals mining company Northam Platinum has strengthened its liquidity position in response to Covid-19 by attracting R411-million of additional new long-term funding during the lockdown period as part of the completion of its R2.65-billi…

Northam Platinum strengthens liquidity, attracts R411m new funding Read More »

Mining billionaire gets help from ex-spies in bitter legal fight

Uncategorized / , Bloomberg

Black Cube, the private intelligence agency run by former Israeli spies, spent months setting up companies around the world. Offices, websites and employees were painstakingly put in place — all part of a sting targeting former executives at Brazilian…

Mining billionaire gets help from ex-spies in bitter legal fight Read More »

Miners call for changes to boost investment

MINING & THE ECONOMY / Esmarie Iannucci

The Minerals Council of Australia (MCA) has urged the Australian government to implement reforms to lower taxes and shorten project approval times, to allow the minerals industry to play a greater role in supporting the economy post Covid-19. CEO Tania…

Miners call for changes to boost investment Read More »

NT gets serious about post-Covid economy

MINING & THE ECONOMY / Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has welcomed the formation of the Territory Economic Restructuring Commission in the Northern Territory.

Chief Minister Michael Gunner said that the Territory Economic Restructuri…

NT gets serious about post-Covid economy Read More »

Western Areas takes major stake in Panoramic as part of capital raise

CORPORATE ACTIVITY / Esmarie Iannucci

Nickel miner Panoramic Resources on Monday announced A$90-million capital raise to de-risk the restart of its Savannah nickel mine, in Western Australia, and to fund project enhancement activities.

Panoramic told shareholders that it would undertake a…

Western Areas takes major stake in Panoramic as part of capital raise Read More »

Zambia to amend mining rules to treat gold as strategic asset

Uncategorized / , Bloomberg

Zambia is moving to amend gold-mining rules so that they treat the metal as strategic. The cabinet agreed to amend the Mines Act to align it with a policy set last October to recognize gold as a strategic mineral. That requires production by artisanal …

Zambia to amend mining rules to treat gold as strategic asset Read More »

Posted on “Iron strengthening Iron” A VERY VALUABLE READ

Korelin Economic Report / Big Al

The Battle Continues… Posted on May 23, 2020 by sundance Brilliant Agitprop: The power of government comes from the people; or as we…

Posted on “Iron strengthening Iron” A VERY VALUABLE READ 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
  • To Coved or not To Coved
  • Life After Capitalism
  • 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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