Africa’s newest gold miner starts output and sees potential IPO
Toro Gold became Africa’s newest gold producer last week after delivering first batch of bullion; firm is now weighing possibility of selling shares in 2018.
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Loulo-Gounkoto set for record production
The gold mining complex is on track to improve on its record performance, with last year’s production expected to reach a new peak.
First Quantum’s nickel output down 24 pct in 2017
Nickel output by First Quantum Minerals fell 24 pct to 17,837 tonnes last year from 23,624 tonnes in 2016, the company said in a report.
ALROSA’s subsidiary supplies 27 X-ray sorters for the Cullinan Mine
The Cullinan Mine is owned 74% by Petra Diamonds Limited and is renowned as the source of very rare blue diamonds and large, high quality gem diamonds.
De Beers auction sales: what a difference a decade can make
"The last 10 years have been... an exciting time during which we’ve launched lots of industry firsts and helped reimagine the way the sector operates."
Union at Colombia’s Cerrejon votes to strike after talks fail
Cerrejon accounts for 37% of the country's coal output, the world's fifth-largest exporter of the mineral, and a strike is likely to affect exports.
Anglo American exits South African coal with sale of New Largo mine
Last year, the miner sold other coal assets that exclusively supplied South Africa’s power utility Eskom, including New Vaal, New Denmark and Kriel collieries.
Petra Diamonds shares crash on profit and output forecast cuts
The stock fell by 21%, the steepest intraday decline since September, after the miner lowered production forecasts and confirmed that a stronger South African currency would knock annual profits.
Canada’s Fort Hills oil sands project delivers first bitumen
Project is on track to reach 90% of capacity — or 194,000 barrels per day — by the end of the year.
