July 5, 2012 SEMAFO announces second quarter gold production of 60,500 ounces Averaging the gold price for the quarter at $1,615 per ounce, the company saw revenues of $98.4 million. This compares to an averagegold price of $1,519 per ounce for total…
July 5, 2012 Australia won’t get in the way of Glencore-Xstrata Australia's antitrust regulator has decided it would not oppose commodities trader Glencore's $26 billion takeover of miner Xstrata.
July 4, 2012 Nationalization worries in South Africa, rating agencies may downgrade On Wednesday, a day after after all three major global ratings agencies – Fitch, Moody's and Standard & Poor's – placed South Africa's credit rating on negative outlook, home affairs…
July 4, 2012 Mozambique ports struggling to handle load A lack of cranes, tractors, tugs and other port equipment is affecting the productivity and efficiency of the ports of Beira and Nacala in Mozambique, which can handle only 35%…
July 4, 2012 Xstrata to develop south decline at Helena mine Diversified miner Xstrata Alloys was progressing the ramp-up of its Helena chrome mine, in Mpumalanga, with the development of a south decline underground, the company said.
July 3, 2012 Namakwa Diamonds poised for next stage with new CEO and Kao mine progressing The successful restructure of Namakwa Diamonds’ operations in Lesotho has turned the company's operations cash-flow positive, reduced costs and positioned the company for the next stage of development, said CEO…
July 2, 2012 Anglo American expects earnings to decrease by 20% The world's largest producer of platinum, Anglo American (LON:AAL), says it will be reporting a 20% earnings decline when it reports its next six-month period.
July 1, 2012 Five people dead after fire breaks out in Gold Fields’ mine Gold Fields (NYSE:GFI) said it is shutting down KDC West mine after an accident claimed five employees' lives.
July 1, 2012 Botswana diamond mine worker found dead after mine collapses GABORONE, July 1 (Xinhua) -- A worker trapped during wall collapse in Jwaneng diamond mine in Botswana is found dead as the rescue team discovered the body later on Saturday.…
June 29, 2012 First Uranium announces financial results for the three and twelve months ended March 31, 2012 First Uranium Corporation (TSX:FIU, JSE:FUM) is a Canadian resource company which operates the Ezulwini mine, an underground gold and uranium operation and Mine Waste Solutions (MWS), a tailings recovery facility.…
BNP backs gold price to hit $6,000 as rally ‘makes sense’ The gold-silver ratio, while still lower than its two-year average in the 80s, has bounced back, said Wilson, BNP’s director of commodities strategy. February 10, 2026 | 03:14 pm