Iron ore joins base metals price rally
Jumps 5.6%.
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Ex-Integra Gold executives launch new mining exploration company
The company, to be named Integra Resources Corp, plans to acquire an advanced-stage gold-silver project in Canada or the United States in the next two months, and then apply to list on the TSX Venture Exchange, CEO George Salamis said.
S.Africa’s Harmony Gold eyes acquisitions after FY earnings rise
South African miner Harmony Gold reported a 35 percent rise in full-year profit on Thursday and said it will look at growth, exploration and acquisitions to meet its 2019 production targets.
With Congo finances collapsing, desperate government has few options
Democratic Republic of Congo's government seeks to head off a collapse in national finances that is hitting the economy.
Kazakhstan miner Kaz Minerals ramps up output, profits rise
Kaz Minerals, a copper company focused on Kazakhstan, narrowed its full-year production guidance on Thursday to 235,000-260,000 tonnes after first-half output more than doubled, boosted by a market hitting multi-year highs.
South Africa’s Sibanye Gold flags H1 earnings per share loss
South Africa's Sibanye Gold flagged up a first-half earnings per share loss on Thursday, citing provisions worth 1.1 billion rand ($84 million) for a possible settlement with miners who contracted lung diseases at work.
Argentina confirms charges for Barrick employees over 2015 cyanide spill at Veladero
Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.
Onerous procurement requirements of S. Africa’s 2017 Mining Charter to hit suppliers
While suppliers are not required to comply with the 2017 Charter, the procurement targets for Holders indirectly require them to meet such targets to remain competitive.
Gem Diamonds mulls sale of halted Botswana mine as half-year revenue falls
The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist.
