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US silver output drops 11% q-o-q in January

By: Henry Lazenby     Updated 6 minutes ago US mines produced 89 100 kg of silver in January, an 11% decrease when compared with December silver output of 99 900 kg and a 7% decrease compared with that of January 2014, the US Geological Survey (USGS) had found in its latest mineral industry survey for the grey metal. Based on unrounded... 

South32 weakness hidden – Investec

By: Martin Creamer     Updated 21 minutes ago Good overall third-quarter production performance by BHP Billiton hid the weaker performance of most of the assets that make up South32, Investec Securities mining analyst Hunter Hillcoat commented on Tuesday, ahead of the May 6 shareholder vote on the setting free of the new company as a... 

South32 weakness hidden – Investec
Photo by Duane Daws
Graham Kerr

Alamos Gold reports positive Turkish EIA developments

By: Henry Lazenby     Updated 39 minutes ago Canadian miner Alamos Gold has reported that the injunction granted in January against the Turkish Environment Ministry’s August 2014 approval of the environmental-impact assessment (EIA) for its Agi Dagi gold project had been dismissed by the Canakkale Administrative Court. Toronto-based Alamos... 

Consol Energy reports 32% slide in Q1 earnings as prices fall

By: Henry Lazenby     Updated 56 minutes ago NYSE-listed fossil fuels producer Consol Energy has reported a 32% year-over-year drop in first-quarter earnings as improved output was offset by falling prices for its coal and oil and gas products. The Pittsburgh-based company on Tuesday reported net income fir the three months ended March 31... 

Anglo's S Africa coal mine ramps up output after wildcat strike

By: Reuters     Updated 1 hour 25 minutes ago Anglo American said on Tuesday it was ramping up output at its South African coal mine to meet its production targets after a 13-day wildcat strike by workers halted operations. Workers at Anglo's Kleinkopje mine, which produced 3.9-million tonnes of thermal coal in 2014, returned to work last... 

Vedanta's Zambia unit halts copper production after power outage

By: Reuters     Updated 2 hours 19 minutes ago Vedanta Resources' Zambian unit, Konkola Copper Mines (KCM), halted production on Monday after a nationwide power outage, a company spokesman said on Tuesday. Spokesperson Shapi Shachinda said production at both the Nchanga underground mine and Konkola mine was suspended, adding that "it is... 

Ferrum mulls Moonlight infrastructure options

By: Natasha Odendaal     Updated 3 hours ago Triple-listed Ferrum Crescent on Tuesday said its Moonlight iron-ore project, in Limpopo, would have access to an “almost complete” infrastructure solution. While negotiations for the project’s infrastructure access continued, the potential mine had access to the Thabazimbi railhead 220 km away,... 

Construction advancing at Zim tungsten mine

By: Megan van Wyngaardt     Updated 4 hours ago The fabrication of the process plant for Aim-listed Premier African Minerals’ 49%-owned RHA tungsten project, in Zimbabwe, is expected to be completed by the end of May. The majority of the plant components had been delivered to Appropriate Process Technologies (APT), in Johannesburg, with the... 

Construction advancing at Zim tungsten mine

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