May 15, 2019 Ivanhoe Mines secures full financing for first two mines in Congo Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef Project in South Africa.
May 14, 2019 Barrick Gold prepping sale of Zambian copper mine in H2 The world's second largest bullion miner is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers.
May 14, 2019 South Africa’s Kumba Iron Ore sees higher H1 headline profit The company said on Tuesday first-half headline earnings is expected to rise at least 160%, boosted by higher iron ore export prices and a weaker rand/US dollar exchange rate.
May 14, 2019 White Metal to purchase four copper properties in Namibia The licenses the miner is acquiring cover historical copper-silver resources in the Kalahari Copper Belt and the Kaoko Belt.
May 14, 2019 Petra Diamonds fetches $15m for 425-carat legacy diamond The exceptional D colour Type IIa gem was recovered in March from the company’s iconic Cullinan mine, the same that yielded the biggest diamond ever in 1905.
May 13, 2019 South Africa’s golden age is dead. Good riddance — opinion The gold mining industry that built South Africa and produced about half of the yellow metal that’s ever been dug up seems now to be in terminal decline.
May 13, 2019 Zimbabwe faces worst power cuts in 3 years, mines hit The power cuts started on Monday and would last up to eight hours during morning and evening peak periods.
May 13, 2019 B2Gold to produce 5m ounces of gold at Mali mine after $50m expansion Average annual gold output would increase to more than 550,000 ounces in the five-year period 2020 – 2024, and over 400,000 ounces during the remaining seven years.
May 10, 2019 South Africa’s competition court to rule on Sibanye and Lonmin merger The Association of Mineworkers and Construction Union (AMCU) lodged its appeal in protest against job cuts related to the deal.
May 10, 2019 Lonmin says delays in Sibanye-Stillwater deal to hurt sales The London-based company, which operates in South Africa, said total platinum production tumbled 10.3% to 276,020 ounces for the six months ended March 31.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am
