R/€ = 15.53 Change: 0.02
R/$ = 13.93 Change: -0.06
Au 1416.90 $/oz Change: -10.80
Pt 852.80 $/oz Change: 2.32


China's CNMC agrees to work on Madagascar rare earth project

By: Reuters     24th June 2019 A unit of China Nonferrous Metal Mining Group (CNMC) said on Monday it had signed a non-binding memorandum with Singapore-listed ISR Capital that could see the Chinese firm work as a contractor on a rare earths project in Madagascar with rights to purchase products. China Nonferrous Metal... 

MACA supports Blackham expansion plans

By: Esmarie Iannucci     20th June 2019 Integrated service contractor MACA will provide gold miner Blackham Resources with a A$12-million working capital facility to progress its transition to the Stage 1 expansion sulphide development at its Western Australian operations. Under the agreement, MACA will provide Blackham with working... 

Prophecy’s Gibellini poised to start vanadium production by 2022

By: Simone Liedtke     19th June 2019 TSX-listed Prophecy Development is working towards securing a positive environmental impact statement (EIS) record of decision for its Gibellini vanadium project, in Nevada, by the first quarter of 2021, the company said on Wednesday, noting that it should pave the way for construction to follow... 

Mining contractor employee dies in vehicle incident at Vanggatfontein

By: Creamer Media Reporter      18th June 2019 One person, an employee of mining contractor Stefanutti Stocks Mining Services, has died after sustaining injuries in a vehicle incident at coal miner Wescoal's Vanggatfontein mine on Monday night. The Department of Mineral Resources and Energy is investigating the circumstances surrounding the... 

Passport 360 is a ‘game changer’ for Anglo American

18th June 2019 Diversified mining house Anglo American has always relied on the latest technology to locate new resources, plan and build new mining operations, and process and market its products around the world. It is for this reason that the commodities giant has cited Passport 360 as “a real game changer”... 

GBF adds scale to Macmahon’s underground contracting business

By: Simone Liedtke     18th June 2019 Mining services company Macmahon has executed a binding agreement to buy mining contractor GBF Holdings for A$48-million, consistent with a growth plan of scaling up its underground division. The acquisition, which was confirmed to the market earlier in June, includes all GBF subsidiaries and is... 

Newmont Goldcorp resumes operations at Peñasquito

By: Reuters     17th June 2019 Newmont Goldcorp said on Monday it had resumed shipping concentrate from the Peñasquito gold mine in Mexico after a blockade by a trucking contractor and some members of the Cedros community was lifted. Operations at the mine were temporarily suspended since April 29. 

Pilbara stunts output at Pilgangoora

By: Esmarie Iannucci     17th June 2019 Lithium miner Pilbara Minerals on Monday said that it would cut back on production form its Pilgangoora project, in Western Australia, during June and July this year, on the back of constrained sales during the June quarter. Pilbara told shareholders that the Pilgangoora lithium/tantalum project... 

Arc Minerals starts drilling programme within Zamsort licence

By: Simone Liedtke     12th June 2019 Aim-listed Arc Minerals has started an initial 7 500 m drilling programme at its Zamsort/Zaco copper project, in the Zambian Copperbelt. The drilling programme is designed to test the large Cheyeza anomaly, as well as the Lumbeta and Muswema targets, in addition to other targets generated through... 

Avesoro in talks to re-hire Youga openpit contractors

By: Simone Liedtke     12th June 2019 Negotiations remain ongoing between West Africa-focussed gold producer Avesoro Resources’ openpit mining contractor, Orkun, and former employees of the company’s openpit operation at its Youga mine, in Burkina Faso. Negotiations are being handled with a view to re-hiring the employees. 

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