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The Bigen Group business continues smoothly during lockdown

By: Creamer Media Reporter      Updated 47 minutes ago We as the Bigen leadership would like to reassure our clients, partners, suppliers and other stakeholders that we remain fully operational, 100% in business and available to assist and support at short notice during the COVID-19 lockdown period. To the extent that it is permitted by national... 

Weekly Coal Index Report

8th April 2020 African Source Markets produces weekly commodity indices for standardised grades of coal. African Source Markets has given permission to Mining Weekly to publish these proprietary indices together with a brief market commentary, historical pricing and prevailing forward curve.  

Barrick progressing towards modern miner goal 

By: Simone Liedtke     6th April 2020 Following its merger with Randgold Resources, NYSE- and TSX-listed Barrick Gold has made progress towards its goal of being a modern mining business, according to executive chairperson John Thornton in the company’s information circular for 2020 published on April 6. The circular follows the... 

Nevada Gold Mines assisting its local communities

By: Simone Liedtke     3rd April 2020 Nevada Gold Mines (NGM), in collaboration with the state of Nevada and its stakeholders, is working to identify immediate needs and provide financial and logistical support to mitigate the impact of the Covid-19 pandemic on its local communities. NGM is a joint venture (JV) between Barrick Gold... 

Brazil mining regulator orders closure of 25 Vale dams

By: Reuters     3rd April 2020 Brazil's National Mining Agency (ANM) said on Thursday that it would halt operations at 47 mining dams that failed to certify their stability, including at least 25 belonging to the world's largest iron-ore producer Vale. The safety of Vale's facilities have been under heavy scrutiny after one... 

Centerra reduces Mt Milligan mill production

By: Creamer Media Reporter      2nd April 2020 Canadian miner Centerra Gold will reduce its workforce and cut its mill throughput to 50 000 t/d for a two-week period, starting on April 6. The company explains that the remote mine has a large camp accommodation facility where substantially all of the on-site employees reside while on their... 

ACCC gives coal miners bargaining power

By: Esmarie Iannucci     2nd April 2020 The Australian Competition and Consumer Commission has granted the New South Wales Minerals Council and ten coal producers in the region interim authorization to negotiate with Port of Newcastle Operations (PNO) on terms and conditions of access to the port for coal exports, including prices.... 

OceanaGold's South Carolina mine remains open

By: Esmarie Iannucci     1st April 2020 The Haile gold mine, in South Carolina, continues to operate despite an announcement by state government that all non-essential business shut down for a period of 14 days, dual-listed gold miner OceanaGold said on Wednesday. The company noted that under state guidelines, the status of the Haile... 

Eskom gearing up to run philosophy maintenance ‘as a project’ following Covid-19 hiatus 

By: Terence Creamer     1st April 2020 State-owned electricity producer Eskom is gearing up to implement philosophy maintenance as a centralised project across its unreliable coal fleet, where ongoing breakdowns have increased the risk of growth- and confidence-sapping load-shedding. The utility’s board has given its approval for the... 

Zinc miners expected to restart operations on strong prices

By: Natasha Odendaal     31st March 2020 Strong zinc prices are increasingly prompting miners to bring idled capacity back online and invest in new projects. The latest ‘Global Zinc Mining Outlook’ report shows that the return of some stalled capacity and new projects in key countries will drive growth over the coming quarters, despite... 

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