R/€ = 16.19 Change: -0.04
R/$ = 14.47 Change: -0.07
Au 1286.07 $/oz Change: 2.83
Pt 807.78 $/oz Change: 3.21


Perseus board approves $265m Côte d’Ivoire gold mine

By: Esmarie Iannucci     6th May 2019 Dual-listed gold miner Perseus Mining has started the development of its Yaouré gold mine, in Côte d’Ivoire, after the board approved the $265-million development. Yaouré is expected to become a large-scale, low-cost gold mining operation producing an average of 215 000 oz/y over the first five... 

Goldplat appoints interim CEO

By: Creamer Media Reporter      26th April 2019 Aim-listed Goldplat has appointed Werner Klingenberg interim CEO with immediate effect. He succeeds Gerard Kisbey-Green, who has stepped down as CEO but will continue to provide services to the company as required to ensure a smooth managerial transition. 

Perseus gains final permit for new Côte d’Ivoire gold mine

By: Esmarie Iannucci     26th April 2019 Gold miner Perseus Mining has been awarded an exploitation permit for its Yaouré gold mine, in Côte d’Ivoire. The exploitation permit is the final permit required to start development of the Yaouré gold mine, and followed the inking of a $150-million debt finance facility to develop the project. 

Cost-per-tonne guarantee reducing mine development risk

By: Martin Creamer     26th April 2019 JOHANNESBURG ( – Design, build and operate project companies Evolve Mining and AMC have an approach to mine development and operation that is attracting attention. Evolve Mining designs for the lowest cost per tonne and AMC then mines at the guaranteed cost per tonne. Evolve is... 

Consulting could play an increasingly important role in SA

By: Jessica Oosthuizen     26th April 2019 While the local mining industry is shrinking, this is not necessarily the case for the mining consulting industry, as the role of mining consulting firms has evolved in response to changes in the industry, says consulting engineers and scientists SRK Consulting partner and principal consultant... 

Consulting engineers face volatility, lack of opportunities

By: Jessica Oosthuizen     26th April 2019 The volatility of the local mining industry, particularly in terms of Mining Charter III, coupled with political uncertainty and unstable power supply, is directly impacting on consulting engineers servicing the industry, says multidisciplinary engineering company GIBB Mining MD Alan Wingrove.... 

Roxgold to start drilling at newly acquired Séguéla

By: Marleny Arnoldi     18th April 2019 TSX-listed Roxgold has completed a previously announced portfolio acquisition worth $20-million from Newcrest West Africa, which comprises 11 exploration permits in Côte d'Ivoire. The transaction includes the Séguéla project, which CEO and president John Dorward says has significant growth... 

Capital Drilling poised to meet growing demand for drilling services

By: Tasneem Bulbulia     18th April 2019 Africa-focused Capital Drilling continues to be well positioned for an anticipated uplift in demand, especially in West Africa. “At this early stage of the year, we have already seen some encouraging signs in the market, with robust metals prices, particularly gold, and improving capital markets. 

Mick Davis moves closer to iron-ore mining with Liberian deal  

By: Bloomberg     18th April 2019 Mining dealmaker Mick Davis has won permission to export iron-ore from a planned mine in West Africa, adding momentum to the industry veteran’s comeback. Davis, through his new Niron Metals vehicle, has signed an agreement with Liberia that will allow him to use a rail and port to export iron-ore... 

Kinross culls two senior positions from management team

By: Creamer Media Reporter      17th April 2019 Senior gold miner Kinross Gold on Tuesday announced that two senior members of its leadership team would leave the company by mutual agreement, as part of a cost management and efficiency improvement drive. Senior VP and COO Lauren Roberts and senior VP for human resources Gina Jardine would... 

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