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NUM members strike at Amplats’ Twickenham

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... 

NUM members strike at Amplats’ Twickenham

Strata-X Energy appoints Greg Hancock nonexecutive director

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... 

Supply of quality copper concentrate shrinks, sows seeds of price support

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... 

Supply of quality copper concentrate shrinks, sows seeds of price support

McEwen Mining falls below NYSE listing requirements

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... 

Western Potash Milestone pilot study reveals reduced risk profile

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... 

Western Areas debt free as it retires convertible bonds

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... 

Great Barrier Reef not ‘in danger’ – Unesco

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... 

Great Barrier Reef not ‘in danger’ – Unesco

Alamos and AuRico Metals complete merger

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... 

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