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By: Natasha Odendaal Updated 24 minutes 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,... →
By: Megan van Wyngaardt Updated 1 hour 29 minutes 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... →
By: Megan van Wyngaardt Updated 1 hour 31 minutes ago Coal and iron-ore miner Petmin on Tuesday noted that the solid performance at its Somkhele metallurgical anthracite mine continued for the nine months to March 31, with the mine having produced one-milion tonnes of anthracite, a 23% increase from the 827 983 t produced in the comparative period... →
By: Natalie Greve Updated 2 hours 11 minutes ago Lower platinum group metals (PGM) feed tons related to several plant interruptions and lower PGM plant feed grades have dented Sylvania Platinum’s production for the quarter ended March 31 by 13%, narrowing output from the company’s production and development operations in the Bushveld region of... →
By: Natalie Greve Updated 2 hours 13 minutes ago Randgold Resources’ Tongon gold mine, in Côte d’Ivoire, remains on track to achieve its yearly production and cost guidance, following a year in which its management made significant progress in dealing with the recovery and throughput challenges that had hampered the operation in its early... →
By: Reuters Updated 2 hours 18 minutes ago Australia on Tuesday downplayed the chances of a strong recovery in iron ore prices, sticking with an earlier forecast of $60 for 2015 despite a 25% recovery in the market price this month. Shares of smaller iron ore miners have surged in recent weeks after the spot iron ore price rebounded from... →
By: Martin Creamer Updated 2 hours 23 minutes ago Diversified mining and marketing company Glencore spent $114-million on corporate social initiatives last year, representing 2.2% of group profit before tax, the company said on Tuesday. The 181 000-employee, 50-country Glencore, headed by CEO Ivan Glasenberg, said the investment helped to meet... →
By: Esmarie Swanepoel Updated 2 hours 41 minutes ago Dual-listed gold miner Alacer Gold has increased the production expectations from its flagship Çöpler mine, in Turkey, from between 180 000 oz and 200 000 oz, to between 190 000 oz and 210 000 oz. The higher production would result from an increase in oxide production between 2015 and 2019, as... →