R/€ = 19.34 Change: -0.01
R/$ = 16.33 Change: 0.00
Au 1950.30 $/oz Change: -3.63
Pt 929.31 $/oz Change: -12.47


Glencore welcomes Australian govt's investments for clean future

By: Marleny Arnoldi     18th September 2020 Diversified miner Glencore has welcomed the Australian federal government’s decision to invest A$1.9-billion in a suite of new and emerging energy technology to position the country for a low-emission future. To this end, metals and minerals will play a key role in the global transition to a... 

Harmony employee dies in drilling-related incident at Doornkop mine

By: Creamer Media Reporter      11th September 2020 An employee of Harmony Gold Mining's Doornkop mine has died of his injuries following an underground drilling-related incident on September 10. The authorities have been notified and Harmony is working with them to ensure that a full on-site investigation is conducted. 

Turquoise Hill shares tank on Oyu Tolgoi funding announcement

By: Mariaan Webb     10th September 2020 The share price of TSX- and NYSE-listed Turquoise Hill plunged on Thursday, as controlling shareholder Rio Tinto announced that a Turquoise Hill rights issue would be needed for the Oyu Tolgoi underground project, in Mongolia. The company's stock fell 22% in Toronto following the announcement,... 

Resources Watch  

2nd September 2020 This week: Third of Master Drilling’s labour force let go; Master Drilling aligning with opencast mines going underground in changing world; and, Sibanye prides itself in having the 'rock star' metals of the moment 

M&R pursuing open-pit services acquisition as it seeks ‘step-change’ growth in mining 

By: Terence Creamer     27th August 2020 Engineering and construction group Murray & Roberts (M&R) is considering acquisition targets in the open-pit mining services sector, where it is aiming to expand the presence of its mining platform, which has hitherto had an underground mining focus. CEO Henry Laas says that, although the... 

Xtract appoints mining contractor for Boa Esperanza deposit

By: Donna Slater     25th August 2020 Resource, development and mining company Xtract Resources’ wholly-owned Mozambican subsidiary Explorator has concluded an additional mining contractor agreement with Longhau Tianci Mining Company for the exploitation of the Boa Esperanza hard-rock gold deposit at its Manica mining concession in... 

Caldas Gold to raise $90m for expansion

By: Mariaan Webb     25th August 2020 TSX-V-listed Caldas Gold is looking to raise up to $90-million to fund the expansion of its mining operations in the Marmato Deeps Zone (MDZ) in Colombia. The company on Monday announced a proposed issuance and sale of up to 90 000 subscription receipts at $1 000 each, on a fully-marketed... 

Protest at Freeport's Grasberg mine in Indonesia extends to second day

By: Reuters     25th August 2020 Workers at Indonesia's Grasberg gold and copper mine operated by the local unit of Freeport-McMoRan extended a protest into a second day on Tuesday as they demanded an easing of a coronavirus lockdown More than 1 000 mine workers had joined the second day of protests and blocked access to the... 

Nevada Copper restarts production

By: Creamer Media Reporter      24th August 2020 Toronto-listed miner Nevada Copper has restarted its milling operations at its underground project at Pumpkin Hollow, following temporary suspension of production owing to the coronavirus pandemic. “Our full workforce has been mobilized and we have transitioned our operations back into... 

Upset by lockdown, workers bar access to Freeport Indonesia's Grasberg mine

By: Reuters     24th August 2020 More than a thousand mine workers in Indonesia blocked access to the Grasberg gold and copper mine operated by the local unit of Freeport-McMoRan on Monday to protest a coronavirus lockdown policy that halted bus services to meet with families. Grasberg, the world's largest gold mine and second... 

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