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By: Leandi Kolver Updated 3 minutes ago High-grade silver, zinc and copper drill intercepts have been reported in the third batch of assay results from Africa-focused project developer Ivanhoe Mines’ underground diamond-drilling programme at its Kipushi copper/zinc/germanium/lead/precious metals mine, in the Democratic Republic of... →
By: Natalie Greve Updated 23 minutes ago Noting that it did not believe its current share price reflected the “strong” underlying cash position and value within the company’s assets, Lemur Resources has outlined plans to implement an on-market buyback for up to 10% of its issued capital over the next 12 months. The Sydney-listed company... →
By: Leandi Kolver Updated 41 minutes ago The Parliamentary Portfolio Committee on Labour would, this week, interact with steel- and mineworkers on the national minimum wage during the second leg of its public hearing process. The first leg of hearings took place in the Western Cape earlier this month where farmworkers and domestic... →
By: Leandi Kolver Updated 42 minutes ago African coal explorer Edenville Energy on Monday announced positive results from the first set of detailed coal sampling and test work at its Rukwa coal project’s Namwele deposit, in western Tanzania, indicating that the deposit had the potential to provide significantly higher quality coal and a... →
By: Natalie Greve Updated 53 minutes ago Botswana Diamonds’ focus will remain on discovering new sources of diamonds in the Southern African State despite potentially volatile market prices and an oligopolistic industry dominated by Alrosa, De Beers, Rio Tinto and Dominion Diamonds. Chairperson John Teeling outlined in a preliminary... →
By: Martin Creamer Updated 1 hour 32 minutes ago The demerging of a selection of BHP Billiton assets into a separate new company (Newco) was going according to plan and heading for a May vote, Newco CEO-elect Graham Kerr said on Monday. Responding to Mining Weekly Online during question time at a media conference on BHP Billiton selling its... →
By: Anine Vermeulen Updated 1 hour 41 minutes ago There had long been a desire to diversify Botswana's economy beyond its dependence on diamond mining and although some progress had been made in achieving this goal, the country remained vulnerable to shifts in the global diamond market, diversified mining major Anglo American CEO Mark Cutifani... →
By: Leandi Kolver Updated 4 hours ago Broad-based black economic-empowered company Ntsimbintle Mining was targeting the development of a new 800 000 t/y manganese mine, in the central-northern part of the Kalahari basin, in the Northern Cape, Ntsimbintle director Justin Pitt has revealed. Speaking to Mining Weekly Online at a... →