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Thomas steps in as Weatherly CEO

By: Creamer Media Reporter      Updated 1 hour 10 minutes ago Craig Thomas has stepped into the role of CEO of Namibia-focused copper miner Weatherly International, following the retirement of Rod Webster. Webster would continue to serve as a director of the company. 

S Africa's platinum sector faces crunch time as prices slide

By: Reuters     Updated 1 hour 44 minutes ago South Africa's platinum sector is at a crucial juncture as the metal's price, near six-year lows, maintains a steady decline, with analysts now contemplating a move below $1 000/oz. Platinum has fallen nearly 10% so far this year, and at current prices of less than $1 100/oz, many shafts in the... 

Mining towns get R18bn facelift

By: SANews, SA government news service     Updated 1 hour 51 minutes ago Government has allocated R18-billion to improve the socioeconomic conditions of distressed mining communities across the country. Headed by the Inter-Ministerial Committee (IMC) in charge of revitalising mining communities, the projects include housing and wellness projects. 

Mining towns get R18bn facelift
Photo by Duane Daws
President Jacob Zuma

Tiger announces debt refinancing, eyes DRC production expansion

By: Creamer Media Reporter      Updated 2 hours 27 minutes ago ASX-listed Tiger Resources said on Wednesday that it had agreed terms with Taurus Mining Finance Fund for the refinancing of its existing secured debt facilities and for arranging a new facility to fund the potential debottlenecking works at the Kipoi copper project, in the Democratic Republic of... 

Sierra Gorda copper mine in Chile begins commercial production

By: Reuters     Updated 3 hours ago Sumitomo Metal Mining (SMM), Japan's second-largest copper producer, said on Wednesday the Sierra Gorda mine in Chile that it owns jointly with Polish producer KGHM Polska Miedz began commercial production at the end of June. The mine had been operating for more than 60 days at 65% of its... 

Sierra Gorda copper mine in Chile begins commercial production

Pershing Resources starts pilot mill testing, expects modest cash flow

By: Tracy Hancock     Updated 3 hours ago Reno, Nevada-based Pershing Resources had started testing its pilot mill at a facility near Kingman, Arizona, in the US, marking the achievement of a major goal for the company and shareholders, Pershing Resources CEO Steve Plumb said on Tuesday. "We have developed the beginnings of a production... 

All three Atlas mines up and running as Mount Webber resumes operations

By: Mariaan Webb     Updated 3 hours ago Iron-ore miner Atlas Iron has restarted mining operations at its Mount Webber mine, in the Pilbara, and said on Wednesday that processing would resume in mid-July. Mount Webber was the last Atlas mine to resume operations in the Pilbara and with all three its mines now back in production, the... 

All three Atlas mines up and running as Mount Webber resumes operations

Metallica appoints new CEO as Gillies retires

By: Creamer Media Reporter      Updated 3 hours ago ASX-listed Metallica Minerals has appointed Queensland-based mining executive Simon Slesarewich as CEO, effective July 13. He would succeed retiring founding MD Andrew Gillies, who was stepping down from the position after more than ten years. Gillies would, however, continue serving as... 


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