R/€ = 19.68 Change: 0.07
R/$ = 18.10 Change: 0.09
Au 1656.68 $/oz Change: 6.38
Pt 735.92 $/oz Change: -5.40


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... 

RCT automates mine fleet in Burkina Faso

1st April 2020 World-leading autonomous solutions specialist RCT is pleased to have executed a project with African Underground Mining Services (AUMS) at the Siou underground gold mine in Burkina Faso. Earlier this year RCT commissioned its ControlMaster® Guidance Automation technology on two of Siou’s CAT... 

AngloGold to conserve cash amid Covid-19 spread

By: Tasneem Bulbulia     27th March 2020 Gold miner AngloGold Ashanti is implementing cash conservation measures, including focused capital prioritisation and reducing non-essential spending across the business, and is well positioned to weather the current market uncertainty. At the end of 2019, the company had $463-million of cash,... 

Jervois suspends activities in Uganda amid Covid-19 outbreak

By: Simone Liedtke     20th March 2020 ASX- and TSX-V-listed Jervois Mining has suspended its activities in Uganda in response to Covid-19, with no fixed  remobilisation date yet. The miner said on Friday that measures have been undertaken to safeguard the health and safety of its employees, contractors and local communities. 

World’s biggest precious metal industry readies for coronavirus 

By: Bloomberg     17th March 2020 Platinum and gold mines in South Africa, which together make up the world’s biggest precious metals industry, are gearing up to try and minimise a local outbreak of the coronavirus that could disrupt operations where hundreds of thousands of people work in close proximity. Companies including... 

Ivanhoe reports ‘excellent progress’ at Kamoa-Kakula

By: Simone Liedtke     9th March 2020 Development of TSX-listed Ivanhoe Mines’ Kakula mine, the first of multiple planned mining areas at Kamoa-Kakula, in the Democratic Republic of the Congo (DRC), is said to be making “excellent progress”, with civil works advancing rapidly and initial copper concentrate production from the mine on... 

Three killed in fall of ground at AngloGold's Mponeng 

By: Creamer Media Reporter      6th March 2020 Gold mining company AngloGold Ashanti, which is in the process of exiting its last remaining South African operations, on Friday confirmed that the dead bodies of three employees had been found at the Mponeng mine, which is being disposed of to Harmony Gold. A magnitude two seismic event at... 

Ivanhoe rapidly progressing Kakula mine development  

By: Marleny Arnoldi     25th February 2020 TSX-listed Ivanhoe Mines has completed more than 8 km of underground development at the Kakula copper mine, in Democratic Republic of Congo. The company on Tuesday said this was 1.7 km ahead of schedule.  

India’s Coal Ministry to fund CIL technical wing to increase exploration activity

By: Ajoy K Das     21st February 2020 The Indian government has framed a scheme to offer funds to the technical and consultancy arm of State miner Coal India Limited (CIL) to expand exploration activities so that more fully explored coal blocks could be put up for auction for bidding by private miners. Under the scheme, Central... 

Bill Gates-led fund invests in making lithium mining more sustainable

By: Bloomberg     20th February 2020 Breakthrough Energy Ventures, helmed by Bill Gates, and MIT’s The Engine fund are leading an investment round of $20-million for Lilac Solutions, a US startup aimed at making the extraction of lithium less water-intensive and more sustainable. As the world looks to cut carbon emissions, people... 

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