GOLD 1289.67 $/ozChange: -3.47
PLATINUM 1426.00 $/ozChange: -2.00
R/$ exchange 10.75Change: -0.10
R/€ exchange 14.24Change: -0.06
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
Breaking News
 
IRON-ORE

Brazil's Vale clinches environment license for Carajas mine expansion

0 COMMENTS
Brazil's Vale, the world's largest iron-ore miner, secured a preliminary licence to expand its flagship Carajas mine, in the northern state of Para, which should help the company win a bigger slice of the sea-borne iron-ore market. The company...
20th August 2014
 
 
MINE CONSTRUCTION

Asanko Gold starts building on first phase of Ghana flagship

0 COMMENTS
West Africa-focused aspirant midtier gold producer Asanko Gold on Wednesday announced that it had started construction of the $295-million first phase of its eponymous flagship project, in Ghana. Phase 1 is expected to produce 200 000 oz/y of gold...
20th August 2014
 
 
PROJECT DEVELOPMENT

Alamos Gold takes a step forward with Turkish project

0 COMMENTS
TSX- and NYSE-listed gold producer on Wednesday announced that it had received the final signatures approving the environmental impact assessment (EIA) for its Agi Dagi gold project. The Turkish Environment and Urbanisation Ministry responsible...
20th August 2014
 
 
M&A

Starcore to buy American Consolidated Minerals in all-scrip deal

0 COMMENTS
The TSX-listed stock of precious metals producer Starcore International on Wednesday closed up 22.58% after the company announced early in the day that it would buy explorer American Consolidated Minerals in an all-scrip deal. Starcore explores,...
20th August 2014
 
 
FINANCING

Fortune secures $36m to complete Revenue mine deal on sweetened terms

0 COMMENTS
Canadian project developer and owner of 12% of the Revenue Silver Mine (RSM), in south-west Colorado, on Wednesday announced that it had secured a series of financings totalling $36-million, and clinched an amended agreement with the vendors to...
20th August 2014
 
 
PRECIOUS METALS

Americas-focused Hochschild narrows H1 profit

0 COMMENTS
Despite lower realised precious metals prices, Central and South America-focused Hochschild Mining on Wednesday reported a narrower net profit for the six months ended June 30, as the company’s cost-cutting initiatives gained traction and silver...
20th August 2014
 
 
PLATINUM

AMCU will not buy Amplats mines – Gama

0 COMMENTS
Amcu treasurer Jimmy Gama on Wednesday told MPs the union had no plans to buy two mines Amplats is selling off, while the rival NUM said it remained opposed to such a move. "Amcu is not interested in buying those mines," Gama told Parliament's...
20th August 2014
 
 
LABOUR

Atlatsa, unions sign two-year wage deal at Bokoni

0 COMMENTS
Triple-listed Atlatsa Resources on Wednesday announced that it had reached a two-year wage agreement with recognised unions at the Bokoni platinum mine, in Limpopo. The company said that the agreement, which had been signed by the National Union...
20th August 2014
 
 
DIAMONDS

Gem Diamonds on track for maiden dividend

0 COMMENTS
Letseng A strong first-half financial and operational performance by London-listed Gem Diamonds “bodes well” for a maiden dividend in March. The diamond miner ended the six months to June with a cash position of $114-million – a jump from the $71-million...
20th August 2014
 
 
COAL

Chinese firm expresses interest in acquiring CoAL shares

0 COMMENTS
Junior miner Coal of Africa Limited (CoAL) has acknowledged that a subsidiary of Beijing Haohua Energy Resource Company, which is listed on the Shanghai Stock Exchange, intends to acquire up to 215-million shares in CoAL at 5.5p a share. The coal...
20th August 2014
 
 
 
 
 
 
Breaking News Multimedia
image
VIDEO
image
View all
 
 
More than 90% of SA seismic events are mining... Video
SA still best mining address Video
AMCU knocking on door at Northam’s Zondereinde... Video
Northam Platinum’s earnings nosedive,... Video
Resources Watch Video
Sibanye negotiating new work shift arrangements... Video
Black-owned Merafe ferrochrome company entering... Video
Unions embrace mechanisation at Styldrift... Video
Earthquake-hit AngloGold cannot say when it... Video
image
Audio
image
View all
 
 
Underground coal gasification has key... Audio
WDC hopes to resolve Zim diamonds... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Tungsten-miner Malaga mulls 2nd mill,... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio