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Greenland Minerals and Energy reports compelling Kvanefjeld feasibility metrics

By: Henry Lazenby     Updated 14 minutes ago A feasibility study on Australian explorer Greenland Minerals and Energy’s (GMEL’s) Kvanefjeld multi-element project has reported compelling metrics, delivering a similar net present value (NPV) to a previous study despite increased capital costs. The ASX- and Frankfurt-listed explorer on Monday... 

Greenland Minerals and Energy reports compelling Kvanefjeld feasibility metrics
Photo by Greenland Minerals and Energy
Kvanefjeld, Greenland.

Arch Coal's NYSE stock listing under review

By: Henry Lazenby     Updated 4 hours ago US coal producer Arch Coal late last week reported that the New York Stock Exchange (NYSE) had issued a notice of noncompliance with the exchange’s continued listing standards. Under NYSE rules the average closing price of a listed company's common stock must be at least $1 per share for any... 

St Andrew Goldfields reports female worker killed in underground accident

By: Henry Lazenby     Updated 5 hours ago Operations at St Andrew Goldfields’ Holt mine and mill, located 125 km east of Timmins, in Ontario, resumed on Monday morning after a fatal underground accident halted all operations on Saturday. Twenty-two-year old Alexie Dallaire-Vincent was killed on Saturday after she was involved in an... 

St Andrew Goldfields reports female worker killed in underground accident

Evraz Highveld says in legal dispute with Sasfin

By: Megan van Wyngaardt Vertically integrated steel and vanadium slag producer Evraz Highveld Steel and Vanadium has launched a High Court application against financial services provider Sasfin Bank. The JSE-listed company on Monday said that, in the application, which was submitted to the court on May 22, the company’s... 

Evraz Highveld says in legal dispute with Sasfin

1 000 platinum-powered Hyundais in UK this year – Amplats

By: Martin Creamer Fuel cell electric vehicles will allow platinum mining to build its future in a truly sustainable way on the back of zero exhaust emissions and the use of the world’s endless supply of hydrogen as a fuel source, Anglo American Platinum (Amplats) CEO Chris Griffith has told Platinum Week 2015 in... 

1 000 platinum-powered Hyundais in UK this year – Amplats
Photo by Duane Daws
Chris Griffith

Presidency rejects Marikana lawyer's claims

By: News24Wire President Jacob Zuma has dismissed as "false" comments by a lawyer linking the presidency to the retirement of the North West police commissioner. "The presidency rejects the false statements made by Marikana defence attorney, Andries Mkome... in relation to the provincial and national police... 

Presidency rejects Marikana lawyer's claims
Photo by Duane Daws
President Jacob Zuma

CIL to dump Mozambique investment only after government nod

By: Ajoy K Das A final decision on producer Coal India Limited (CIL) aborting its Mozambique investments will only be taken in September or October, after the impact on diplomatic and economic bilateral relations between the two countries has been assessed. According to government officials, CIL’s "unofficial"... 

Trans Hex readies for hefty FY earnings jump

By: Natalie Greve Diamond producer Trans Hex, which is finalising its results for the year ended March 31, 2015, expects earnings a share to increase by between 765% and 785% year-on-year to between 179c and 183c for the 12 months. Similarly, headline earnings a share were expected increase by between 725% and... 

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