https://www.miningweekly.com
R/€ = 19.61 Change: 0.03
R/$ = 16.71 Change: 0.04
Au 1888.35 $/oz Change: 0.45
Pt 902.31 $/oz Change: 32.43
 

Topic

Mining well placed to maintain healthy profits despite pandemic impacts, says Stanlib 

By: Marleny Arnoldi     18th September 2020 Asset manager Stanlib says the scars from a blow-out of corporate bond yields and indebted miners finding themselves on the brink of collapse have ultimately introduced good balance sheet and operational discipline into the sector. This included rationalising growth plans and consolidating... 

Sibanye Gold exercises option on $450m convertible bonds

By: Donna Slater     18th September 2020 Precious metals miner Sibanye-Stillwater’s wholly-owned subsidiary Sibanye Gold on September 18 exercised its option on its $450-million, 1.875 per cent convertible bonds due 2023 in line with the terms and conditions to redeem all outstanding bonds on October 19 at their principal amount. This... 

First Quantum launches $1bn debt offering

By: Creamer Media Reporter      17th September 2020 Base metals miner First Quantum Minerals has launched $1-billion of senior unsecured notes due in 2027. The company will use the gross proceeds from the sale of the notes to repay the $575-million principal amount under its existing revolving credit facility and for the redemption of... 

Kodal receives £654 000 in proceeds from now completed ESA

By: Donna Slater     7th September 2020 Investors of lithium and gold explorer and developer Kodal Minerals, including Riverfort Global Opportunities and YA II PN, have sold all the ordinary shares of 0.03125p each in the company issued to them under the terms of an equity sharing agreement (ESA). This has concluded the ESA and... 

Gold reserves growth dwindling globally

By: Marleny Arnoldi     4th September 2020 Research agency Standard & Poor’s (S&P's) Global Market Intelligence says major gold miners globally have seen their economically mineable gold reserves decline over the last decade, owing to a lack of new discoveries and a shift away from growth strategies to margin preservation. With top... 

Qld announces Covid recovery plan

By: Esmarie Iannucci     20th August 2020 The Queensland Resources Council (QRC) on Thursday welcomed the state government’s commitment to strengthen the resources sector’s role as Queensland moved to recover from the Covid-19 pandemic. Premier Annastacia Palaszczuk unveiled a A$7-billion Covid-19 recovery plan to support health... 

Condor continues to progress Nicaragua project

By: Tasneem Bulbulia     14th August 2020 Dual-listed Condor Gold recorded considerable progress towards advancing its La India project, in Nicaragua, towards a construction decision, chairperson and CEO Mark Child said on Friday. He said that company’s focus during the first six months of the year had been two-fold – fulfilling... 

Vale board approves $1.5bn iron-ore expansion project

By: Mariaan Webb     14th August 2020 The board of iron-ore major Vale on Thursday approved the Serra Sul 120 project, which will increase the S11D mine-plant capacity by 20-million tonnes to 120-million tonnes a year. The project, located in the municipality of Canaã dos Carajás, would require $1.5-billion in investments over... 

McCloskey International Welcomes Kemach Equipment to Global Dealer Network

By: Creamer Media Reporter      12th August 2020 Screening and crushing industry leader McCloskey International has welcomed Kemach Equipment to its global network of distributors.  The company will serve South Africa, Lesotho, Swaziland (Eswatini) and Botswana. An authorized JCB distributor established in 2003, Kemach has grown to become a... 

Markets reward companies that treat workers well in a crisis

By: Bloomberg     24th July 2020 For millions of Britons, March 24 will be remembered as the lockdown moment when they either lost their job or were told not to come back to work for months. For Andy Howard, it was the day his workload doubled. In addition to running a team of 13 investment analysts at London-based asset manager... 

Latest News

more

Latest Videos

more

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Close