R/€ = 19.15 Change: -0.04
R/$ = 17.38 Change: 0.00
Au 1710.09 $/oz Change: 2.04
Pt 834.25 $/oz Change: 8.80


Resuming operations safely post COVID-19

By: Creamer Media Reporter      27th May 2020 Worksafe steps for organisations to protect their people and avoid the legal consequences of getting it wrong As the return to the ‘new normal’ workplace starts to become the focus for many organisations as lockdown measures relax, International SOS urges businesses to make sure that the return... 

Fortuna’s San Jose back at nameplate capacity

By: Creamer Media Reporter      27th May 2020 The San Jose silver/gold mine, in Mexico, has officially resumed production at nameplate capacity of 30 000 t/d, after it was granted approval on May 25 to restart operations. Owner Fortuna Silver mines suspended production after the Mexico government on March 31 announced an isolation period to... 

Titan launches Core Gold review, flags asset sale

By: Esmarie Iannucci     26th May 2020 ASX-listed Titan Minerals has launched a strategic review into the assets of newly acquired Core Gold, flagging the potential divestment of its Peruvian and non-core gold assets. Core Gold has been delisted from the TSX:V exchange since Titan’s acquisition of the Canadian company, with Titan now... 

New Century takes aim at Vale Goro nickel/cobalt mine

By: Esmarie Iannucci     26th May 2020 Base metals miner New Century Resources has struck an exclusivity agreement with major Vale to negotiate the purchase of a 95% interest in the issued shares of Vale Nouvelle-Caledonie (VNC), which owns the Goro nickel and cobalt mine, in New Caledonia. Vale said on Tuesday that the negotiations... 

Sierra Metals seeks consent to reopen Peru mine

By: Mariaan Webb     26th May 2020 TSX-listed Sierra Metals is seeking consent to reopen its Yauricocha mine, given its remote location and implementation of strict health protocols. Peru has extended its state of emergency and a nationwide lockdown to fight the Covid-19 pandemic until June 30, but President Martin Vizcarra has... 

Miners, Drillers returning to work as Covid restrictions ease: Imdex

By: Creamer Media Reporter      25th May 2020 Leading global mining-tech company IMDEX expects some COVID-19 restrictions affecting its international operations to be eased during May and June, prompting mining operations to resume and drilling contractors to return to work. With 20 offices internationally, sales in 102 countries, and a... 

Dominion Diamond reaches agreement to sell substantially all its assets

By: Creamer Media Reporter      25th May 2020 Struggling miner Dominion Diamond Mines, which filed for insolvency protection last month, has reached an agreement to sell substantially all its assets in a transaction that will allow mining operations at Ekati to resume and avoid bankruptcy. The company signed a letter of intent (LoI) with an... 

Long-duration clean energy storage ideal for mining microgrids

By: Creamer Media Reporter      23rd May 2020 Reliable, cost-effective energy supply 24x7 is an essential resource for successful mining operations, whether grid-connected or off-grid.  In Africa, reliability of utility-sourced electricity is becoming more and more of a challenge, while off-grid diesel generation and the cost and logistics... 

Alrosa cuts production target by up to 17%

By: Creamer Media Reporter      22nd May 2020 Diamond major Alrosa on Friday announced that it would curtail 2020 production to between 28-million and 31-million carats, in response to the crisis unfolding in the global rough and polished diamond market. The 2020 production guidance compares with the group’s initial guidance of 34-million... 

Council reaffirms industry’s commitment to fighting Covid-19 pandemic  

By: Tasneem Bulbulia     22nd May 2020 The mining industry is at the forefront of work being done to prevent the spread of Covid-19 in the workplace and will be subjected to intense scrutiny; however, it is undertaking adequate measures and responses to the pandemic and believes it is up to the task. The was indicated by industry... 

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