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Donna Slater

Donna Slater

Donna Slater is a Creamer Media Staff Writer and Photographer for Engineering News and Mining Weekly.

Tel: +2711 622 3744

Email: newsdesk@engineeringnews.co.za

Idled Mutanda, Covid-19 to drive 25% drop in DRC's cobalt production

7th August 2020 Cobalt production in the Democratic Republic of Congo (DRC), which is the world's biggest producer of the metal, is expected to decline by 25% this year, says financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions). This... 

Minergy exports first coal to South African client

7th August 2020 Botswana-based coal miner Minergy, which owns and operates the Masama coal mine in the Mmamabula coalfield, exported its first coal by rail to South Africa on July 17. The coal was loaded onto trucks and transported 60 km to the rail siding at Tshele Hills, where the first of three trains –... 

US economic, political factors to have a big impact on the gold price

6th August 2020 Several political and Covid-19-induced factors have resulted in the current gold rally, with the gold price having surged 12% in July and reaching new record levels that have been carried into August with gold tearing above $2 000/oz, says Refinitiv precious metals research director Cameron... 

Altus reports extended mineralisation at Tabakorole prospect

6th August 2020 Aim- and TSX-listed African mining royalty generator Altus Strategies reports high-grade gold results from its air core drilling campaign, the results of which extend the strike length of the FT prospect, at the company's Tabakorole gold project, in southern Mali, by 600 m. Tabakorole sits on... 

Afena Capital now holds 5.82% stake in Merafe

5th August 2020 Independent investment management firm Afena Capital has acquired a beneficial interest in ferrochrome producer Merafe Resources and now holds 5.82% of the issued ordinary share capital. Afena Capital aims to responsibly grow its clients’ wealth by generating sustainable inflation-beating... 

Gold price smashes record for second time in a month, breaking $2 000/oz mark

5th August 2020 The London Bullion Market Association’s (LBMA’s) gold price hit an all-time record high at $2 034.45/oz  on August 5 – representing the first time in its more than 100-year history, that the London price of gold has exceeded $2 000 a troy ounce.   The new record price continues gold’s rapid rise... 

AfriTin Uis mine increases output by 79% month-on-month

5th August 2020 Aim-listed AfriTin Mining reports that tin concentrate production at its flagship asset, the Uis mine, in Namibia, increased to 35 t in July, a 79% increase from June. AfriTin is continuing to operate the Uis mine at full scale despite ongoing Covid-19 measures in Namibia and South Africa. All... 

Political, economic uncertainty likely to keep gold price high − CPM

5th August 2020 Commodities and financial advisory firm CPM Group managing partner Jeff Christian says the currently high trading gold price is likely to remain near the $1 900/oz mark in the near term as political and economic uncertainty remain high, especially within the US. As at August 5, the gold price... 

Covid-19 having greatest impact on jewellery demand in regions with higher infection rates

4th August 2020 Worldwide marketing organisation Platinum Guild International’s (PGI’s) Insight August 2020 report indicates that, during the Covid-19 pandemic, affluent buyers have been less reluctant to decrease jewellery buying and that regions most impacted by Covid-19 have despondent views on buying... 

Kropz appoints Summers as CEO

4th August 2020 Aim-listed African phosphate explorer and developer Kropz has appointed Mark Summers CEO with effect from August 4. He had been serving as interim CEO since February 26.  

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