R/€ = 16.15 Change: 0.04
R/$ = 14.41 Change: 0.07
Au 1284.50 $/oz Change: 9.81
Pt 804.85 $/oz Change: 3.95

Creamer Media Reporter

Petropavlovsk on target for 2019 guidance

24th April 2019 Russia-focused gold company Petropavlovsk remains on target to meet its sales guidance of 450 000 oz to 500 000 oz for 2019, with an increasing contribution from the processing refractory concentrates expected. The company produced 422 300 oz of gold in 2018, a decrease from 439 600 oz in 2017,... 

Renergen publishes prospectus for proposed ASX listing

24th April 2019 AltX-listed alternative and renewable energy business Renergen has, ahead of its planned listing on the ASX in May, announced a further increase in reserves at its subsidiary Tetra4’s Virginia project, in South Africa’s Free State province. The company, which on Wednesday published its prospectus... 

Centamin's Sukari exceeds first-quarter output target

24th April 2019 Dual-listed Centamin's Sukari gold mine, in Egypt, produced 116 183 oz of gold in the first quarter of this year, exceeding the targeted output of 105 000 oz to 115 000 oz. The TSX- and LSE-listed company said the openpit operation had performed broadly in line with plan, while the underground... 

Red Rock raises cash to advance DRC exploration

24th April 2019 Aim-listed Red Rock Resources has raised £323 750 through the placing of 63.48-million new ordinary shares at 0.51p. "The placing ensures the company can manage its cash flow prudently while driving an increased tempo of exploration in the [Democratic Republic of the Congo (DRC)] as the scale of... 

MineWare boosts loader performance

24th April 2019 Hailing from Queensland, Australia, MineWare is an independent, 100% Komatsu-owned company that develops real-time monitoring technology for ground engaging equipment. MineWare has experienced rapid growth since its inception in 2006 and has continued to expand its global presence since joining... 

Alufer shifts focus to expansion of Guinea bauxite mine

24th April 2019 Independent mineral exploration and development company Alufer Mining has started detailed engineering studies for the proposed expansion of production at its Bel Air bauxite mine, in Guinea, to ten-million tonnes a year. The company on Wednesday said operations were on track to produce the... 

Fortune finds potential new site for Nico refinery

24th April 2019 Cobalt project developer Fortune Minerals has entered into an option to buy an alternative site to construct the proposed hydrometallurgical refinery that will process metal concentrates from the planned Nico cobalt/gold/bismuth/copper mine, after the rural municipality of Corman Park last month... 

Celebrating 50 Years of Excellence

23rd April 2019 The  Chamber of Mines of Namibia is celebrating its golden jubilee this year, marking 50 years of excellence and dedicated service to Namibia’s mining industry,  from its inception in 1969 to 2019.  The 8th Namibian Mining Expo and Conference, slated for 8th and 9th May 2019 at the Windhoek Show... 

Polyus reports strong first quarter

23rd April 2019 Russian gold miner Polyus produced 600 700 oz of gold in the first quarter of 2019, which is 19% more than what the company produced in the same period a year earlier. Compared with the fourth quarter of 2018, total output was down 6%, and the London-listed gold miner explained on Tuesday that... 

Vast wraps up sale of Zim gold assets

23rd April 2019 Shareholders in Vast Resources on Tuesday approved the sale of the company’s Zimbabwe gold assets, including the Pickstone Peerless and Eureka mines. Shareholder approval was the final condition precedent to the sale of Aim-listed Vast's 50.01% interest in Ronquil Enterprises, through which it... 


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