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By: Henry Lazenby Updated 1 hour 17 minutes ago TSX-V- and Frankfurt-listed Mindoro Resources this week reported that it had completed the first shipment of high-iron/low-nickel direct shipping ore (DSO) from the Agata project, located in northern Mindanao, the Philippines. The shipment comprising 54 181 wet metric tonnes (wmt) of limonite ore... →
By: Henry Lazenby Updated 2 hours 44 minutes ago The World Gold Council (WGC) this week released the second edition of its ‘Responsible gold mining and value distribution’ report, covering 2013 data, highlighting the continuing contribution responsible gold mining could make in supporting economic development in host countries. The report was... →
By: Henry Lazenby Updated 3 hours ago - and NYSE-listed Alamos Gold this week reported disappointing third-quarter results, citing heavy rains and lower recoveries as weighing on its flagship Mulatos operation’s performance, in Mexico. The Toronto-based miner reported that despite stacking ore containing about 51 900 oz of gold o the... →
By: Henry Lazenby Updated 3 hours ago Mexico-focused mineral exploration firm Morro Bay Resources this week released results from a drilling campaign at the San Rafael historic mine area, at the multi-veined Peñoles project, in Durango state, indicating the presence of multiple mineralised zones. The Calgary, Alberta-based explorer... →
By: Natalie Greve Tailings gold miner DRDGold appears to have turned a corner, lifting gold output by 8% to 37 005 oz in the first quarter of the 2015 financial year. This after the gold producer experienced several successive quarters in which it battled inefficiencies, low yields and high costs associated with... →
By: Natasha Odendaal The 232.08 ct white diamond recovered at London-listed Petra Diamonds’ Cullinan mine has been sold for $15.2-million to multinational diamond company Diacore. The exceptional D colour Type II high-quality diamond was recovered early in September. →
By: Reuters South African police used rubber bullets on Friday to disperse strikers from the Association of Mineworkers and Construction Union (AMCU) who were blocking the entrance to a mine operated by London-listed DiamondCorp, a police spokesperson said. Police spokesperson Stephen Thakeng told Reuters... →
By: Reuters Mamsi Ngobeni sat alongside the main road of the South African platinum belt town of Marikana, hunched over a table with a pile of onions, apples, loose cigarettes and tomatoes. By just after noon she had sold about R20 ($1.8245) worth of goods, well down from what she said was her usual R1 000... →