MINING.COM

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.

Reuters | August 17, 2017 | 10:59 am

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.

Reuters | August 17, 2017 | 9:54 am

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.

Cecilia Jamasmie | August 17, 2017 | 9:26 am

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.

Baker McKenzie Johannesburg | August 17, 2017 | 8:22 am

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.

Cecilia Jamasmie | August 17, 2017 | 4:56 am

BHP commits $2.5bn to extend life of Spence copper mine in Chile

Project will extend the life of its Spence copper mine in Chile by over 50 years, at a time when copper prices have reach their highest levels since late 2014.

Cecilia Jamasmie | August 17, 2017 | 2:55 am