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Sibanye launches campaign to reimagine, foster Marikana community of the future

By: Donna Slater Updated 7 hours ago Precious metals miner Sibanye-Stillwater has launched the Marikana Renewal Programme to tackle the legacy of the Marikana mine following the August 16, 2012, killing of 34 mineworkers by the South African Police Service. Sibanye had acquired the Marikana mine when it bought out Lonmin in 2019.... →

Glencore makes further emissions, tailings commitments

By: Marleny Arnoldi 15th April 2021 Global diversified miner Glencore’s 2020 Sustainability Report, published on April 14, now incorporates information from both its standalone human rights report and the environmental, social and governance data books published in previous years. The company’s sustainability report includes a... →

Barrick maintains full-year guidance after good first-quarter performance

By: Marleny Arnoldi 15th April 2021 NYSE- and TSX-listed Barrick Gold says it is on track to reach its production targets for the current financial year, after reporting preliminary production of 1.1-million ounces of gold and 93-million pounds of copper in the first quarter of the year. The preliminary first-quarter gold output... →

New law would allow Uganda to take stakes in private mining

By: Reuters 14th April 2021 Uganda's cabinet has approved a draft mining law that would allow the government to own shares in private mining operations and impose steep penalties for violations in the sector, including prison terms of up to seven years. The draft law mirrors others in the region, including in Tanzania,... →

Tharisa on track to meet yearly production guidance

By: Simone Liedtke 13th April 2021 A resilient production performance feeding into a strong pricing environment has kept dual-listed Tharisa on track to achieve its full-year guidance. Reporting on a “solid” quarter of production for the three months to March 31, Tharisa notes that platinum-group metals (PGMs) production was up... →

Mining output up by 0.8% y/y in February

By: Simone Liedtke 13th April 2021 Total mining output (not seasonally adjusted) unexpectedly grew by 0.8% year-on-year in February after having contracted sharply by a downwardly revised 8.4% year-on-year in January. Nongold mining production grew by 2.4% year-on-year following a contraction of 7.8% year-on-year in January,... →

BHP, Vale Samarco JV files for Brazil bankruptcy protection

By: Reuters 10th April 2021 Samarco Mineracao, a joint venture between Brazilian miner Vale and BHP Group, has filed for bankruptcy protection to prevent creditors' claims from affecting its operations, Vale said in a Friday securities filing. The collapse of a dam at the Samarco mine complex in 2015 killed 19 people and... →

Cigar Lake uranium mine to restart this month

By: Creamer Media Reporter 10th April 2021 Canadian uranium major Cameco on Friday announced that the Cigar Lake mine, in northern Saskatchewan, would be reopened this month, but that the timing would depend on how quickly the workforce could be remobilised. Operations at the high-grade uranium mine were halted in December. At the time,... →

Gemfields generates first ruby revenue in 15 months

By: Marleny Arnoldi 9th April 2021 London-listed Gemfields has generated revenue of $58-million from seven online ruby auctions held during March 15 to April 8. The average selling price was $171.33/ct. →

Exploration industry has tight deadline to comment on controversial draft regulations

By: Martin Creamer 9th April 2021 South Africa’s exploration industry has until April 19 to comment on controversial regulations still in draft form. “They’ve never consulted industry about it and what they are requesting is impractical,” says Allan Saad, a consulting exploration geologist, who formerly represented the now... →

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