$70m investment to increase Blanket mine’s output by up to 75 000 oz by 2021

Increased investment in triple-listed Caledonia Mining’s 49%-owned Blanket mine, in Zimbabwe, as set out in the mine’s revised plan, was expected to give rise to yearly production from inferred... 

IFM Q1 production down 16% owing to planned maintenance

London-listed International Ferro Metals (IFM) on Monday reported a 16% quarter-on-quarter drop in ferrochrome production for the three months ended September 30, as a result of planned yearly... 

Continental Coal accepts offer to sell SA business for R700m

Dual-listed Continental Coal has accepted an offer to sell its 74% interest in South African subsidiary Continental Coal South Africa to a consortium led by South Africa-based fund LSP Energy for... 

More needs to be done to get voice of science community heard

While the National Science and Technology Forum‘s (NSTF’s) discussion forums showcased the work achieved and policy development in key areas, more had to be done in terms of lobbying for the... 

Gold Fields on track to reach full-year production target, cost estimates revised downwards

JOHANNESBURG (miningweekly.com) – Gold miner Gold Fields on Monday announced that its attributable gold equivalent production for the three months ended September was expected to be about 559 000... 

Unemployment at 25.4%, Stats SA to provide long-term unemployment data

Statistics South Africa (Stats SA) would, in future, focus more strongly on the trends of long-term unemployment in its quarterly labour force surveys (QLFSs), statistician-general Pali Lehohla... 

Enviro permit granted for Nayega manganese project

Aim-listed iron-ore and manganese developer Ferrex on Thursday announced that the environmental permit for its Nayega manganese project, in Northern Togo, had been granted. The environmental permit... 

Miller’s status changed from Firestone CEO to MD

Coal developer Firestone Energy on Wednesday announced that it had appointed former CEO and executive director Stephen Miller as MD of the company with immediate effect. Firestone said the terms... 

Motsepe Foundation, ARM donate $1m to Guinea Ebola fund

Motsepe Foundation founder and African Rainbow Minerals executive chairperson and founder Patrice Motsepe has donated $1-million to Guinea’s Ebola Fund on behalf of the organisations. This... 

Hummingbird targets delivery of Yanfolila optimisation studies by end 2014

Gold exploration and development company Hummingbird Resources was aiming to deliver the optimisation studies for its Yanfolila project, in Mali, by the end of this year, with construction expected... 

DA still seeks details of SDT buyers

The Democratic Alliance (DA) would continue to pursue a declaration from the State Diamond Trader (SDT) on who its biggest buyers are, DA shadow Minister of Mineral Resources James Lorimer has... 

Sibanye Q3 production up 10%, full-year guidance maintained

Gold miner Sibanye Gold on Tuesday reported record gold production of 424 700 oz (13 210 kg) for the three months ended September 30, up 10% year-on-year. The company said the higher production,... 

Stratex, Thani complete formation of new East, North African company

Aim-listed exploration and development company Stratex on Monday announced that it had completed the formation of a new East and North Africa-focused exploration company in partnership with Thani... 

Foster Wheeler merger enhances MDM’s growth potential

Through its merger with global engineering and construction company Foster Wheeler, metallurgical engineering company MDM Engineering has improved its ability to grow its business in current tough... 

DRA awarded first phase of Exxaro’s Belfast coal implementation project

Engineering and project delivery company DRA has been awarded the $4.5-million first phase contract of JSE-listed Exxaro Resources subsidiary Exxaro Coal’s Belfast implementation project, in... 

Aquarius posts Q1 profit on back of higher production, lower costs

Platinum miner Aquarius Platinum on Friday reported a net profit of $5.21-million for the three months ended September 30 compared with a loss of $10.19-million during the prior corresponding... 

African countries urged  to consider innovative infrastructure financing

African countries should consider innovative solutions to finance infrastructure development that would enable the continent to unlock quality growth, the Africa Progress Panel (APP) has argued.... 

Second-phase BBBEE Codes of Good Practice gazetted

Trade and Industry Minister Dr Rob Davies has gazetted the second phase of the amended broad-based black economic-empowerment (BBBEE) Codes of Good Practice for public comment. The Department of... 

Radio-telescope images providing insight into nova explosion gamma rays

Using highly detailed radio-telescope images, scientists have managed to pinpoint the locations where a classical nova stellar explosion emitted gamma rays, revealing a probable mechanism for the... 

Foster Wheeler completes acquisition of MDM Engineering

Global engineering and construction company Foster Wheeler on Thursday announced that an indirect wholly owned subsidiary of the company had completed its acquisition of metallurgical engineering... 

ABG Q3 production up 16%, AISC continues decline

Tanzania-focused gold producer African Barrick Gold (ABG) increased its production for the three months ended September 30, by 16% year-on-year, while all-in sustaining costs (AISC) declined for... 

Zuma says govt seriously mulling Operation Phakisa for mining sector

President Jacob Zuma on Thursday reiterated that government was seriously considering a mining-focused Operation Phakisa phase. Minister in the Presidency Jeff Radebe earlier this year, at the... 

Nordgold Q3 production up 11% y/y, company on track to achieve upper end of full-year guidance

LSE-listed Nordgold on Wednesday reported a 11% year-on-year, and 2% quarter-on-quarter increase in production for the three months ended September 30, to 270 600 gold equivalent ounces. The... 

Waterberg JV PFS on track

The prefeasibility study (PFS) for TSX- and NYSE-listed Platinum Group Metals’ (PTM’s) Waterberg Joint Venture (JV) project on the northern limb of the Bushveld Complex is on track, with completion... 

Yaoure 2014 drilling programme confirms presence of high-grade areas

The 2014 drilling programme at West Africa-focused gold mining company Amara Mining’s Yaoure gold project, in Côte d'Ivoire, has confirmed the presence of high-grade areas in the Yaoure central... 

Gold Fields on track to reach full-year production target, cost estimates revised downwards

Gold miner Gold Fields on Monday announced that its attributable gold equivalent production for the three months ended September as expected to be about 559 000 oz. All-in sustaining costs (AISC)... 

Nordgold completes acquisition of Burkina Faso project

London-listed Nordgold has completed the acquisition of Canadan mineral exploration company Goldrush Resources’ Ronguen gold project, 10 km from Nordgold’s Bissa mine, in Burkina Faso. Nordgold... 

Middelburg smelter achieves Q3 profit increase despite strike

Despite the National Union of Metalworkers of South Africa (Numsa) strike in July and the post-strike production ramp-up in August, Aim- and AltX-listed Jubilee Platinum’s Middelburg smelter... 

RSR investigating Rustenburg locomotive, bus collision

The Railway Safety Regulator (RSR) on Friday said it was investigating a collision between a locomotive and a bus carrying 45 people at a platinum mine, in Rustenburg, on Friday morning. The... 

Jobs Fund has allocated R4.96bn to projects since inception – Nene

Since its establishment by government in 2011, the Jobs Fund has allocated R4.96-billion to projects catalysing innovation and investment in activities which directly contributed to sustainable job... 

New R1.2bn furnace boosts Nampak’s glass production capacity by 56%

Glass manufacturer Nampak Glass has increased its manufacturing capacity by 56% through the addition of a new R1.2-billion third furnace at its Germiston-based manufacturing facility. Nampak Glass... 

R2.1bn allocated to mining town development over MTEF period – Radebe

JOHANNESBURG (miningweekly.com) – A total of R2.1-billion has been ring-fenced by the Department of Human Settlements over the medium-term expenditure framework period for housing projects in... 

Tembo 2014 drilling programme completed

TSX-V-listed Tembo Gold Corporation has completed its 2014 drilling programme on the 100 m2 Tembo gold project, in Tanzania, Aim-listed Stratex announced on Thursday. Stratex currently held a... 

Precious metals markets influenced by monetary conditions, industrial metal prices remain detached – report

While precious metal markets were influenced by monetary conditions, industrial metals have managed to remain somewhat detached from generic economic conditions, with prices being determined by... 

Exploration results confirm potential to boost Nayega resource

Exploration results from pit sampling at Aim-listed Ferrex’s Nayega manganese project, in Togo, have confirmed a number of targets with the potential to increase the project’s current Joint Ore... 

Stellar raises £396 180 to buy earthmoving equipment

Aim-listed Stellar Diamonds on Thursday announced that it had raised about £396 180 through the issue of 25.56-million ordinary shares, enabling it to buy a number of earthmoving machines for its... 

PFS drilling at South Boulder’s Colluli completed ahead of schedule

ASX-listed South Boulder Mines on Wednesday announced that prefeasibility study (PFS) level drilling at its Colluli potash project, in Eritrea, had been completed ahead of schedule. This early... 

Baobab testwork confirms chosen technology route, robust project economics

Bench and pilot scale metallurgical test work at Aim-listed Baobab Resources’ Tete pig iron and ferrovanadium project, in Mozambique, has confirmed the chosen technology route for the project, MD... 

Base announces increased Kwale mineral resources

Mineral sands miner Base Resources on Tuesday announced an upgrade and increase in mineral resources for its 100%-owned Kwale project, in Kenya. The company explained that the updated mineral... 

Additional tests indicate potential to increase Bushveld Minerals vanadium resource

Additional Davis tube tests (DTT) on two samples from hanging wall units to the main magnetite layer (MML) of Aim-listed Bushveld Minerals’ vanadium project, in Limpopo, have confirmed the...