R/€ = 15.49 Change: 0.01
R/$ = 13.22 Change: 0.05
Au 1240.89 $/oz Change: -0.67
Pt 823.50 $/oz Change: -8.93


Production at Xtract’s Manica concession increases 42% q/q

By: Marleny Arnoldi     Updated 5 hours ago Alluvial mining contractors operating at Aim-listed Xtract Resources’ Manica concession, in Mozambique, produced 1 703 oz of gold in the second quarter – a 41.9% quarter-on-quarter increase.  

McEwen’s operations on track to meet full-year guidance

By: Marleny Arnoldi     Updated 6 hours ago Dual-listed precious metals producer McEwen Mining produced 36 959 oz of gold and 772 432 oz of silver, or 47 258 gold-equivalent ounces (GEOs), for the second quarter of this year.  

SA mines relying heavily on unskilled workers despite Industry 4.0 gaining traction

By: Dylan Slater     13th July 2018 Contrary to the expected move towards employing a higher number of skilled personnel at mines to catalyse modernisation and mechanisation targets, the South African mining industry has backtracked, employing a significant number of unskilled personnel instead, according to a report compiled by... 

SA mines relying heavily on unskilled workers despite Industry 4.0 gaining traction

By: Dylan Slater     13th July 2018 Contrary to the expected move towards employing a higher number of skilled personnel at mines to catalyse modernisation and mechanisation targets, the South African mining industry has backtracked, employing a significant number of unskilled personnel instead, according to a report compiled by... 

AngloGold Ashanti selects MineSuite for underground tracking and control

9th July 2018 AngloGold Ashanti Australia Ltd has selected MinLog’s MineSuite system to provide an Underground Mine Management System at the Sunrise Dam operation in Western Australia. The initiative will build capacity for supporting increased production targets at the gold mine. MineSuite will enable... 

Shell ramps up in Kitimat, raising Canada’s C$40bn LNG hopes

By: Bloomberg     9th July 2018 A flurry of activity in a remote Canadian town is raising optimism that Royal Dutch Shell and its partners are ready to go ahead with the nation’s largest infrastructure project: a C$40-billion liquefied natural gas terminal that could at last unlock energy exports to Asia. The action is... 

Kibo to issue shares to Sanderson to settle debt

By: Marleny Arnoldi     9th July 2018 Aim- and AltX-listed Kibo Mining has settled the outstanding balance of £1.11-million on the forward payment facility that was agreed on in December 2016 with Sanderson Capital Partners.  

Mt Morgans delivers first quarter

By: Esmarie Swanepoel     6th July 2018 Junior gold miner Dacian Gold has reported a maiden quarterly production of 34 155 oz from its Mt Morgans project, in Western Australia. Mt Morgans in April this year poured its first gold.  

Fire away with FOGMAKER fire-suppression system at Electra Mining 2018

4th July 2018 FOGMAKER South Africa (Pty) Ltd. will not only display its efficient triple-action fire-suppression system at the highly anticipated Electra Mining Africa 2018 but will also be conducting live demonstrations to show the remarkable effectiveness of water-mist technology. Intelligently engineered... 

Alara awarded first mining licence in Oman since 2004

By: Simone Liedtke     3rd July 2018 The awarding of the first mining licence in 14 years in Oman marks a new chapter for copper mining in the Sultanate, Mineral Investment Affairs director-general Dr Salim Al Mahrougi has said. According to Australian junior Alara Resources, Al Mahroughi said at an event marking the official launch... 

PERI Rail Climbing System reaches new heights at Katherine Towers

2nd July 2018 The complex core geometry at the Katherine Towers project in Sandton saw PERI South Africa deploy its RCS-CL (Rail Climbing System Carriage Light) to reduce crane time and maximise platform sizes for the complex core geometry. The project was designed by architecture and interior architecture... 

Teal beats expectations

By: Esmarie Swanepoel     27th June 2018 The Teal gold mine, in Western Australia, has delivered above expectations, with ASX-listed Intermin Resources on Tuesday saying that both gold production and revenue exceeded the feasibility study estimates. Mining was completed at Teal earlier this year, and the last ore was processed through... 

Edenville, Sinohydro extend MoU to December 2019

By: Marleny Arnoldi     25th June 2018 Energy commodity developer Edenville Energy has extended the validity of its memorandum of understanding (MoU) with hydropower engineering company Sinohydro Corporation of China, over the Rukwa coal project, in south-west Tanzania, to December 2019.  

Good Partnerships Can Lower Mining Contractors’ Cycle Times

25th June 2018 When planning and implementing load-haul mining contracts, the importance of close cooperation between contractor and customer cannot be over-emphasised, says Graeme Campbell, commercial and operations manager of Raubex Group company SPH Kundalila. “It begins with the customer providing relevant... 

Xtract reviewing new contractor proposals for Western half of Manica mine

By: Marleny Arnoldi     25th June 2018 Diversified miner Xtract Resources continues to review new contractor proposals for the Western half of its Manica gold project, in Mozambique, after previous contractor Moz Gold’s gold recovery rate was found to be unsatisfactory as a result of the fine nature of the gold and the processing... 

Beadell terminates Tucano contract

By: Esmarie Swanepoel     22nd June 2018 Gold miner Beadell Resources and contract miner MACA have mutually terminated the openpit mining contract for the Tucano gold mine, in Brazil Beadell said on Friday that MACA and its Brazilian subsidiaries will cease mining services immediately, with mining at Tucano to be conducted by a... 

China Nonferrous Gold signs Pakrut mining contract

By: Creamer Media Reporter      20th June 2018 Aim-listed mineral explorer China Nonferrous Gold (CNG) has awarded the contract for first-stage mining of its Pakrut gold project, in Tajikistan, to local contractor Wenjian. The contract, worth about $7.56-million, is a tolling arrangement that is payable in accordance with each stage of... 

PEA completed for South America’s ‘most advanced’ PGM project

By: Creamer Media Reporter      18th June 2018 A preliminary economic assessment (PEA) for the Pedra Branca platinum group metal (PGM) project, in north-eastern Brazil, has confirmed the economic potential of the project, which Aim-listed Jangada Mines says is South America’s largest and most advanced PGMs play. The PEA has assigned a net... 

Arc buys a further 6% stake in Zamsort

By: Creamer Media Reporter      18th June 2018 Aim-listed Arc Minerals has acquired a further 6% interest in Zamsort, which is developing a copper/cobalt project in Zambia, from two separate shareholders. It now holds a 61% interest in Zamsort. 

‘Substantial improvement’ in alluvial mining at Xtract’s Manica mine

By: Marleny Arnoldi     14th June 2018 Aim-listed gold miner Xtract Resources reports substantial improvements in alluvial mining contractor gold production at its Manica alluvial operations, in Mozambique.  

Glencore’s Katanga resolves debt dispute with Gécamines

By: Marleny Arnoldi     13th June 2018 Diversified miner Glencore’s Katanga Mining subsidiary has settled its legal dispute with Democratic Republic of Congo (DRC) State-owned trading and mining company La Générale des Carrières et des Mines (Gécamines).  

Second binding offtake highlights demand for graphite concentrate

8th June 2018 The external support for the Ancuabe graphite project in Cabo Delgado province, Mozambique in the form of a second binding offtake agreement signed last month, provides “strong” momentum for the engineering, procurement and construction (EPC), financing and development objectives of the project,... 

Heavy rains affect production at Manica gold concession

8th June 2018 The alluvial production at the Manica gold mining concession in Mozambique for the first quarter of the year was disappointing on the back of prolonged heavy rains, although real progress was made, says diversified metals and minerals producer Xtract Resources executive chairperson Colin Bird.... 

Current mining ‘boom’ very different to last one – CRU

By: Martin Creamer     6th June 2018 A return of capital expenditure (capex) and inorganic sources of growth are seen as a key corporate priority for 2018 and beyond, CRU Group senior consultant Aleksander Popovic said on Wednesday. The provider of marketing intelligence to mining told the Junior Indaba that the company’s... 

Nevsun starts exploration decline construction at Serbia copper project

By: Marleny Arnoldi     6th June 2018 TSX-listed Nevsun Resources has started construction of the exploration decline at its Timok Upper Zone copper project in Bor, Serbia.  

AfriTin starts civil construction works on Uis mine’s processing plant

By: Simone Liedtke     4th June 2018 Phase 1 of the civil works construction on the processing plant at Aim-listed AfriTin Mining’s flagship Uis mine, in Namibia, is targeted for completion in the third quarter of this year. Phase 1 is designed to process 500 000 t/y. 

Havilah sells Portia and Portia North

By: Mariaan Webb     4th June 2018 South Australian copper junior Havilah Resources on Monday announced that it would sell its Portia and Portia North projects to Broken Hill-based Consolidated Mining and Civil (CMC), freeing up the company’s time and financial resources to focus on its core projects. Havilah CEO Walter Richards... 

Tanzania Mining event to provide clarity on new legislation and regulations passed this year

31st May 2018 The Tanzanian government has overhauled the fiscal and regulatory regime of its Mining sector this year. Under 9 new regulations which the mining ministry passed this year, Tanzania will now make it compulsory for foreign-owned mining groups to offer shares to the government and local companies.... 

Contractor dies in haul truck accident at Semafo’s Mana mine

By: Simone Liedtke     30th May 2018 An employee at Canada-based gold mining company Semafo’s Mana mine, in Burkina Faso, has passed away after sustaining injuries in a haul truck accident. The accident occurred when the individual, who was driving a haul truck, unexpectedly lost control of the vehicle. 

Northern Dynasty tumbles on First Quantum’s Pebble pull-out

By: Henry Lazenby     25th May 2018 The TSX-traded stocks of base metals producer First Quantum Minerals and Northern Dynasty Minerals tumbled on Friday following an overnight joint announcement that the companies have terminated a 2017 framework accord that envisioned the partners closing an option and partnership transaction to... 

African Sun Mining pursues opportunities at Junior Indaba

By: Donald Makhafola     25th May 2018 Owing to the current high prices of commodities, wholly black-owned, Pretoria-based opencast mining contractor African Sun Mining hopes to liaise with mining companies, which are prepared to start new projects, during this year’s Junior Indaba to be held from June 5 to 6 at the Johannesburg... 

Eurasia’s West Kytlim fully operational

By: Creamer Media Reporter      23rd May 2018 The West Kytlim alluvial platinum mine, in the Ural mountains of Russia, is fully operational and is producing an average of 1.8 kg a day of raw platinum, Aim-listed Eurasia Mining reported on Wednesday. In the first two weeks of production, the mine produced 11.8 kg at a suggested average grade... 

Tharisa on track to achieve Vision 2020 strategy; acquires Zim chrome asset

By: Simone Liedtke     16th May 2018 Integrated resource group Tharisa CFO Michael Jones says the company’s Vision 2020 strategy, which is aimed at increasing production to 200 000 oz of platinum-group metals (PGMs) and two-million tonnes of chrome concentrates by year-end 2020, is well on track. Tharisa, which on Wednesday... 

Mining starts at Comet Vale

By: Esmarie Swanepoel     15th May 2018 Mining has started at the Comet Vale gold project, in Western Australia. ASX-listed Orminex on Tuesday said that its strategic partner, underground mining contractor GBF Mining has started work on a decline which marked the start of the 27-month mine plan. 

West Kytlim off to a good start as 2018 mining season kicks off

By: Mariaan Webb     10th May 2018 The West Kytlim alluvial gold and platinum mine, in the Ural mountains of Russia, has started the 2018 mining season on a high note, with 4.6 kg of raw platinum having been produced in the first six days of production. Aim-listed Eurasia appointed Techstroy to mine at West Kytlim and executive... 

Work starts on initial phases of Songwe feasibility study

By: Simone Liedtke     3rd May 2018 Work has started on the initial phases of a feasibility study into Mkango Resources’ Songwe Hill rare earths project, in Malawi. Metallurgical optimisation is under way at laboratories in Australia and Canada, with the work programme having been scaled up following the receipt, in January, of... 

Yanfolila ramp-up sees 9 912 oz of gold poured in March

By: Schalk Burger     30th April 2018 Aim-listed West African gold producer Hummingbird Resources has successfully ramped up gold production at its opencast Yanfolila mine and plant, in Mali, with 9 912 oz poured in March. The Yanfolila project produced 18 785 oz of gold in the quarter ended March 31, with the mine and plant... 

Randgold works to recover lost output at Tongon after work stoppages

By: Simone Liedtke     30th April 2018 With operations at Randgold Resources’ Tongon mine, in Côte d'lvoire, now back at full capacity after a series of work stoppages, the company is making a “determined effort” to recover most of the lost output. The gold miner on Monday warned that the mine’s production guidance of 290 000 oz for... 

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