The company produced about 930 tonnes of contained cobalt since January through interim operational solutions.
Africa Mining News
A South African newspaper reported that the owner of the company is considering selling the operations.
After months of being ignored in favor of market darling palladium, platinum is finally getting some attention from investors.
This is the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.
Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January.
The Canadian gold producer churned out 45,098 ounces of gold in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.
The mine would be built on one of the largest platinum mining concessions in the country.
Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector.
Zimbabwe may withdraw mining rights from companies that take too long to dig for minerals.
The latest ruling raises the prospect that other companies could face legal action in England related to their activities abroad.
The joint venture intended to explore for iron assets at the Simandou prospect, but the concession was revoked in 2014 by Guinea's government.
The company has entered its second binding offtake agreement in two weeks, contracting to sell 10,000 tonnes of large and jumbo flake graphite concentrate to a private company in China.
Prices for platinum, palladium and rhodium have all gained in recent months, boosting earnings for miners in top supplier South Africa.
The largest union in the platinum industry wants its members to share the benefits of higher prices.
South Africa’s parliament approved a long-delayed carbon tax bill in February as part of plans to reduce harmful emissions in the country.
According to Wood Mackenzie, it is the world's largest, undeveloped, high-grade copper discovery.
Government and company agreements also allow for the Madaouela mining permit to expand and include an additional 5.96 million pounds of measured and indicated resources.
The world’s top diamond producer by value sold $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581 million.
Giant mines currently under construction will churn out an additional one million tonnes of copper through 2023, but that won’t be enough.
It's the second one over 70-carat Firestone has found at its Liqhobong mine this year.
Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.
The move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
The WDC believes that initiatives such as the peace process in the Central African Republic boost fairness in the artisanal mining sector.
The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for raw materials has led governments to change the rules for miners operating in their countries.