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By: Creamer Media Reporter Updated 10 minutes ago More than 524 members of the National Union of Mineworkers (NUM) have downed tools at Anglo American Platinum’s (Amplats’) Twickenham mine, in Burgersfort, Limpopo, after Capital Development Services (CDS) served the union with a Section 189A notice as demanded by the Labour Relations Act. In a... →
By: Creamer Media Reporter Updated 1 hour 29 minutes ago TSX-V- and ASX-listed Strata-X Energy has appointment Greg Hancock as a nonexecutive director effective immediately, following the resignation of Don Schurman on Wednesday. Strata-X president Tim Hoops said on Thursday that Hancock’s extensive knowledge of corporate finance and capital markets in... →
By: Reuters Updated 1 hour 34 minutes ago Supply of high quality copper concentrate shrank more than expected in the first half of this year due to output delays in top miner Chile, squeezing the pipeline for metal producers and likely supporting prices later in 2015, traders said. Production from two of four mines in Chile that churn... →
By: Creamer Media Reporter Updated 1 hour 46 minutes ago Dual-listed McEwen Mining has fallen below the NYSE continued listing requirement related to the price of its common stock. "We do not believe that McEwen Mining's current share price is reflective of the true value of the company's assets. Our share price has been under pressure as a result of... →
By: Tracy Hancock Updated 2 hours 37 minutes ago A scoping study on TSX-listed Western Potash’s 100%-owned Milestone property, in southern Saskatchewan, has projected a significantly reduced risk profile and allowed for the staged development of the project. TSX-listed Western Potash president and CEO Pat Varas pointed out in a statement on... →
By: Esmarie Swanepoel Updated 2 hours 39 minutes ago Nickel miner Western Areas has become debt free for the first time since 2004, after repaying some A$125-million of convertible bonds from existing cash reserves. MD Dan Lougher told shareholders on Friday that the repayment of the final convertible bonds on their maturity was an important... →
By: Esmarie Swanepoel Updated 2 hours 43 minutes ago The Australian government and resources industry have welcomed a decision by the United Nations Educational, Scientific and Cultural Organisation (Unesco) World Heritage Committee not to place the Great Barrier Reef on the ‘in-danger’ list. The 21-member committee this week took a final decision... →
By: Creamer Media Reporter Updated 2 hours 46 minutes ago Dual-listed Alamos Gold and TSX-listed AuRico Metals have completed their merger, forming the new Alamos, which president and CEO John McCluskey says has transformed Alamos into a leading intermediate producer. “With diversified gold production from three North American mines, a portfolio of... →