R/€ = 19.40 Change: 0.09
R/$ = 17.43 Change: 0.11
Au 1735.93 $/oz Change: 14.84
Pt 847.53 $/oz Change: 15.59


Mining industry well prepared to tackle Covid-19 with new, existing protocols 

By: Donna Slater     29th May 2020 The South African mining industry is, generally, well prepared to deal with the return to work of a large percentage of staff as lockdown Alert Levels move from Level 4 to Level 3 on June 1, reports the Minerals Council South Africa. The council noted in its second weekly Covid-19 update... 

Mincor eyes Kambalda start before year-end

By: Esmarie Iannucci     28th May 2020 Junior Mincor Resources has awarded an underground mining contract for its Kambalda nickel operation, in Western Australia, to Pit N Portal. The contract will span the first five years of underground mining at the new Cassini nickel mine, where early surface work was recently completed, as well... 

ELB shareholders vote in favour of Australian business disposal

By: Marleny Arnoldi     26th May 2020 JSE-listed capital equipment and solutions provider ELB Group will proceed with selling its Australian business, after a majority of shareholders voting in favour of the disposal. The company hosted a general meeting on May 25 for shareholders to vote on the proposed disposal of ELB Australia.  

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... 

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... 

Great Western takes option on 48 claims in Nevada

By: Marleny Arnoldi     22nd May 2020 Aim-listed Great Western Mining Corporation (GWMO) has signed an option agreement with Nevada Select Royalties to acquire 48 mineral claims in Nevada, which are prospective for gold and silver. Nevada Select is a subsidiary of Ely Gold Royalties.  

PanTerra unveils Cuban plans

By: Esmarie Iannucci     20th May 2020 The Cuban government has approved a joint venture (JV) between state mining company Geo Minera SA and ASX-listed PanTerra Gold Investments, which will allow for the development of the La Demajagua gold/silver deposit. PanTerra on Wednesday told shareholders that subject to successful... 

Wallbridge intersects 70.84 g/t at Fenelon

By: Mariaan Webb     20th May 2020 Shares in Canada’s Wallbridge Mining gained on Tuesday, as the company announced “exceptional” drilling results at its Fenelon gold property, including 70.84 g/t gold over 5.35 m. The results come from definition drilling outlining high-grade shoots at shallow depths adjacent to the existing mine... 

Safe, lightweight walkways for mine rescue drill

By: Creamer Media Reporter      15th May 2020 Mentis Africa supplied positive-grip, pressed-section planks and walkways from its well-known Die-Line range for the Chamber of Mines rescue drilling unit based at Colliery Training College (CTC) at eMalahleni in Mpumalanga. The walkway’s non-slip features, combined with its high strength to... 

Contract electrician dies at Great Panther's GMC mine

By: Creamer Media Reporter      15th May 2020 Dual-listed Great Panther Mining has reported a fatality at its Guanajuato Mine Complex (GMC) in Mexico. The accident occurred on Thursday in the Rayas underground mine at GMC. The deceased, age 29, was a contract electrician at GMC. The accident involved a single motor vehicle travelling down... 

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