R/€ = 19.20 Change: -0.05
R/$ = 16.98 Change: 0.03
Au 1784.05 $/oz Change: 8.75
Pt 820.40 $/oz Change: 5.35


Caledonia Mining declares increased quarterly dividend

By: Schalk Burger     29th June 2020 Dual-listed Caledonia Mining on Monday declared a further increased quarterly dividend of $0.085 a share. This is a 13% increase on the previous quarterly dividend of $0.075, which, together with the increase to the dividend in January from $0.069, represents a cumulative 24% increase since... 

Miner Petra Diamonds puts up 'for sale' board

By: Reuters     26th June 2020 Petra Diamonds has put itself or parts of its business up for sale, the Africa-focused miner said on Friday, as part of a review the company began in March after being hammered by lacklustre demand and prices for the precious gem. The company has been in talks with its creditors to shore-up... 

Gascoyne creditors approve DOCA

By: Esmarie Iannucci     26th June 2020 The creditors of ASX-listed Gascoyne Resources have approved a deed of company arrangement (DOCA) as part of a broader recapitalisation and relisting plan for the gold miner. The DOCA and associated recapitalization and relisting plan was formulated with the objective of Gascoyne continuing to... 

Ontario’s next gold mine ‘perfectly timed’

By: Mariaan Webb     25th June 2020 Construction of Canada’s next gold mine is rapidly advancing and is now only months away from its first gold pour. The PureGold Red Lake mine, which dual listed Pure Gold Mining is building in the Red Lake mining district of north-western Ontario, will pour its first gold towards the tail-end of... 

Mining jobs safe in Queensland

25th June 2020 Despite the impacts of the Covid-19 pandemic, the Queensland resources sector has maintained its place as one of the largest employers in the region, with only a 1% drop in direct jobs during the May quarter. Queensland Resources Council (QRC) CEO Ian Macfarlane said that the latest data from... 

BC mining industry in good position to withstand volatility – PwC

By: Mariaan Webb     18th June 2020 British Columbia’s mining industry is in a good position to withstand the challenges of 2020, having been prudent in its spending and expansion plans in the decade preceding the Covid-19 pandemic, which put much of the global economy on hold as governments worked to stop the spread of the virus.... 

Skeena starts PFS for Eskay Creek to further de-risk project

By: Simone Liedtke     15th June 2020 TSX-V-listed Skeena Resources has started a preliminary feasibility study (PFS) for its Eskay Creek gold and silver project, in British Columbia. The goal of the PFS is to technically further de-risk Eskay Creek while developing an appropriate execution strategy to ensure fast-tracked... 

New spiral means better recoveries for ferrochrome – and beyond

By: Creamer Media Reporter      15th June 2020 Following years of detailed test work in the ferrochrome sector, Multotec has successfully developed and proven a spiral concentrator that eliminates beaching and enhances recoveries in the 1 mm to 3 mm fractions of high density material. Significantly, when compared to traditional spirals the... 

Artemis Gold buys Blackwater project from New Gold for C$190m

By: Mariaan Webb     10th June 2020 TSX-V-listed Artemis Gold has acquired the Blackwater project – one of Canada’s largest openpit gold deposits – from New Gold, sending the company’s stock up nearly 30%. Blackwater, south-west of Prince George, British Columbia, has a federal decision statement and a provincial environmental... 

Aluminium in spotlight as LME opts for low-carbon trading platform 

By: Martin Creamer     8th June 2020 Aluminium may find itself with an officially recognised ‘green’ tag when a low-carbon version of the metal is given new trading platform next year. FT Weekend and Aluminium International Today have reported that the London Metal Exchange (LME) will next year launch a platform to trade low-carbon... 

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