February 21, 2019

Teranga completes initial resource on Golden Hill

Teranga Gold is “pleased with the grades, strong continuity and widespread mineralization.”

February 21, 2019

AMCU plans to extend Sibanye gold strike to other South African miners

Sibanye-Stillwater last week said it could cut nearly 6,000 jobs at its gold mining operations, where AMCU has been on strike since mid-November over a wage dispute

February 21, 2019

Newmont Mining profit beats on higher gold output, lower costs

The company's net income attributable to shareholders was $2 million in the fourth quarter ended Dec 31.

February 20, 2019

Suspended cobalt sales, higher costs fuel Katanga’s Q4 loss

The company recorded a $52.8 million fourth quarter loss in adjusted EBITDA.

February 20, 2019

Barrick’s cost of doing business could shoot up with Acacia deal

Will officials in Tanzania and other countries push to nationalize their resources as the trend continues to gain traction around the world.

February 20, 2019

South African miner Sibanye raises loss estimate by $100 million-plus

"We will further investigate tax planning alternatives to minimise this additional deferred tax," Sibanye's statement said.

February 20, 2019

Glencore plans new buyback as trading profit disappoints

“They have so much cash they don’t know what to do with it. We’re glad that they are giving it back.”

February 20, 2019

Palladium smashes $1,500 as shortages to aid Nornickel, Amplats

Tighter emissions rules are “outweighing the weakness in global auto sales and the growing threat from EV's.

February 20, 2019

Mining companies operating in Sub-Saharan Africa should invest in renewable energy — report

According to Fitch Solutions, off-grid mines could benefit from reducing their dependency on diesel while taking advantage of the region's favourable climate conditions.

February 20, 2019

IAMGOLD reports 23% growth in gold reserves

The miner reported that Proven and Probable gold Reserves reached 17.9 million ounces at the end of 2018.