Value of top 50 mining companies surge $140 billion in 2017
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
Mt. Burgess has identified a large zinc soil geochemical anomaly on its Kihabe-Nzuu base metals prospect in Botswana. Mt Burgess Mining NL (ASX: MTB), which has been actively exploring Botswana and Namibia for more than a decade -- initially for diamonds
The East African reports that the Russian state-owned nuclear energy firm JSC Atomredmetzoloto (ARMZ) is shelving a plan to acquire the $1.16 billion Mkuju Uranium assets in Southern Tanzania over the recent Japanese nuclear plant crisis.
The move comes a month after the Russian firm obtained a take-over approval from the government of Tanzania under the Fair Competition Act 2003.
The Tanzanian government had said that it would start higher grade uranium mining in early 2012 at Mkuju River following the completion of the feasibility study and the approval of environmental impact assessment of the area.
Canadian gold and uranium producer First Uranium Corp (FIU.TO) said on Friday it has resumed underground operations at its Ezulwini gold mine in South Africa.
A temporary work stoppage instruction was issued on March 12 by the South African Department of Mineral Resources, pending investigations after a worker died in fall of ground.
The Canadian junior gold miner said it was reasonable to expect that the Namibian operation would go into production within three years Canadian junior gold miner Auryx (AYX.TO: Quote) says its planned Namibian Otjikoto mine should be capable of
The Brisbane-based explorer has reported positive infill drilling results on its Zeta underground project on its 100% owned Boseto project in Botswana.
Aquarius Platinum South Africa (Proprietary) Limited ("AQPSA") is pleased to announce that two of its operations have simultaneously achieved one million fatality-free shifts.
The Everest Mine reached this milestone on 1 March 2011 for the first time since commencing operations in 2004, while the Kroondal Mine achieved it once again on 4 March 2011.
SEMAFO (TSX:SMF) today announced the discovery of the new Yaho gold zone, located 4.5 kilometers southwest of the Fofina zone and 20 kilometers southwest of the Mana Mill in Burkina Faso.
Three Reverse Circulation ("RC") drilling sections were carried out to date across this wide alteration zone with each section returning wide, significant grade intervals such as 2.27 g/t Au across 54 meters (hole MRC10-540 - section 15450N), 2.00 g/t Au across 20 meters (hole MRC10-542 – section 15450N), 1.37 g/t Au across 16 meters (hole MRC10-514 – section 15650N), 4.59 g/t Au (10.73 g/t Au uncut) across 10 meters (hole MRC10-526 – section 15850N), and 1.88 g/t Au across 88 meters (hole MRC10-529 – section 15850N).
South Africa's gold output rose 15.1 percent in volume terms in January while total mineral production rose 4.3 percent compared with the same month a year earlier, data showed on Thursday.