R/€ = 15.95 Change: -0.01
R/$ = 14.17 Change: -0.02
Au 1275.41 $/oz Change: -3.06
Pt 899.79 $/oz Change: -7.51


Construction at Turquoise Ridge mine progresses

19th April 2019 Construction of a third shaft at mining company Barrick Gold’s underground mine Turquoise Ridge in Nevada, in the US, continues to advance according to schedule and within budget, the miner noted in its financial report, released in February. Efforts for this year will focus on shaft sinking and... 

Kibali to break more records this year – Bristow

By: Nadine James     17th April 2019 The Kibali gold mine – ranked among the world’s top ten gold mines – has “made a strong start” to this year after having set a new production record in 2018, Barrick Gold president and CEO Mark Bristow says. Bristow says the mine, which is a joint venture with AngloGold Ashanti and Democratic... 

Appeal against environmental authorisation for MC Mining's Makhado project dismissed

By: African News Agency      17th April 2019 Coal mining company MC Mining said on Wednesday appeals against an amendment to an environmental authorisation for its Makhado project allowing for the transportation of coal to Musina by road rather than rail had been dismissed. MC Mining's subsidiary Baobab Mining & Exploration is developing... 

Metro restarts ops at Bauxite Hills

By: Esmarie Iannucci     15th April 2019 ASX-listed Metro Mining has restarted mining operations at the Bauxite Hills project, in Queensland, and has started loading its first shipment. The company ceased activities at Bauxite Hills at the end of December, with more than two-million tonnes of bauxite having been loaded onto 33 vessels... 

2020 Deadline for implementation of TMM regulations imminent

11th April 2019 The 2020 deadline for mining companies to implement the stipulations laid out in the 2015 amendments to the Chapter 8 regulations – which address the safe use of diesel-powered trackless mobile machinery (TMM) – of the Mine Health and Safety Act (MHSA) is fast approaching. 

Australia's Wollongong Coal shuts down last operating mine

By: Reuters     10th April 2019 Wollongong Coal Ltd said on Wednesday it was suspending its last operational mine after putting its Wongawilli colliery under "care and maintenance," likely increasing the financial challenges the company faces. Wollongong made the decision to suspend Wongawilli, located in New South Wales,... 

Ivanhoe reaffirms its support for the DRC

By: Mariaan Webb     9th April 2019 TSX-listed mining company Ivanhoe Mines is committed to the responsible development of the mining industry in the Democratic Republic of Congo (DRC) and will work with the newly elected government to introduce the country to investors from around the world. This is according to co-chairperson... 

MMG says Peru copper mine to restore operations as blockade ends

By: Reuters     8th April 2019 MMG Ltd said on Monday its Las Bambas mine in Peru is expected to restore normal mining, production and transport operations after an indigenous village agreed to end a two-month blockade of the company's copper mine. The indigenous village agreed to end its road blockade of MMG's Las Bambas... 

A million tons of copper is on the way, but it may not be enough 

By: Bloomberg     8th April 2019 Giant mines currently under construction will churn out an additional one-million tons of copper through 2023, but that won’t be enough to fully close an expected gap between supply and demand in the next few years. Industry analysts and executives descending on Santiago this week for the Cesco... 

Canada's diamond miners are on their knees because size matters

By: Bloomberg     4th April 2019 The story of how two prospectors, down to their last nickels, discovered diamonds in Canada’s frozen north is the stuff of legend. Back in 1982, Chuck Fipke and Stewart Blusson laid low in a pup tent by day while their competitor De Beers hauled 45-gallon drums of rock samples to a nearby... 

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