R/€ = 16.19 Change: -0.04
R/$ = 14.47 Change: -0.07
Au 1286.07 $/oz Change: 2.83
Pt 807.78 $/oz Change: 3.21


Australian gold production still strong - Surbiton

Updated 5 hours ago Australian gold production in the first three months of the year reached records not seen since 1998, mining consultants Surbiton Associates have reported. Gold production in the three months to March totaled 78 t across Australia. However, this was down 3 t, or 4% than the last quarter of 2018. 

Peabody starts reventilating North Goonyella with aim of resuming production next year

By: Creamer Media Reporter      24th May 2019 Coal miner Peabody has taken the first step to resuming operations at the fire-hit North Goonyella mine in Queensland, Australia, with an announcement on Friday that it is proceeding with the ventilation of the first segment of the coal mine. This forms part of a phased reventilation and... 

Exploration projects on the rise in Botswana

By: Khutso Maphatsoe     24th May 2019 Following the discovery of the second-largest diamond in Botswana since 2015, the country has received more attention, with investors wanting to invest more in mining projects in the region, says diamond exploration and project development company Botswana Diamonds MD James Campbell. Campbell... 

Severe rains hit Moatize coal operation in first quarter

By: Rebecca Campbell     24th May 2019 Brazilian mining group Vale has reported that very heavy rains significantly reduced production at its Moatize coal operation in the Tete province of Mozambique during the first quarter of this year (1Q19). Total 1Q19 coal production of 2.2-million tons was almost 29% down on the figure for the... 

India to surpass China as largest importer of coking coal by 2025

By: Marleny Arnoldi     23rd May 2019 Fitch Solutions maintains its forecast for an average coking coal price of $195/t for this year, stating that prices will remain elevated, with strong demand from China’s steel sector, as US–China relations continue to deteriorate and the probability rises of further economic support from the... 

SQM expects lithium demand to grow by 17% this year

By: Mariaan Webb     23rd May 2019 Chilean nitrates and lithium major Sociedad Quimaca y Minera de Chile (SQM) is confident that demand for lithium will continue to grow, but the group says that evolving electric vehicle (EV) battery technology will require producers to be flexible. The company believes more supply for lithium... 

Controversial Australia coal mine boosted after shock vote

By: Bloomberg     20th May 2019 A surprise election victory for Australia’s pro-coal ruling Coalition is ratcheting up pressure on the Queensland state government to approve development in one of the biggest untapped reserves of the fossil fuel. Adani Group’s Carmichael coal project is located in Australia’s huge Galilee... 

Murray & Roberts Cementation

17th May 2019 South Africa-based Murray & Roberts Cementation forms part of the Murray & Roberts Group which is recognised internationally as a leading mining contracting organisation with operations in Africa, Australia and the Americas. Murray & Roberts Cementation has served the mining industry for more... 

Copper majors report sound performances

17th May 2019 Several large diversified miners dominate copper production in Zambia and account for a significant amount of copper production in the Copperbelt, which includes the Copperbelt province and the towns of Ndola, Kitwe, Chingola, Luanshya and Mufulira in particular, as well as the Democratic... 

Troy targeting growth at Karouni

By: Esmarie Iannucci     15th May 2019 Junior gold miner Troy Resources will continue to target growth opportunities at its Karouni gold project, in Guyana, with the miner hoping to extend its project holding through acquisitions or joint ventures. Speaking on the sidelines of the Paydirt Latin America Downunder conference, in... 

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