ETF demand fuels gold price surge in Q1 – WGC
INVESTOR demand for gold is expected to accelerate even further this year after a surge in the first quarter, the World Gold Council (WGC)...
Perseus pushes the button on Nyanzaga Gold Mine in Tanzania
PERSEUS Mining has resolved to spend $523m out of its own resources to develop the Nyanzaga Gold Mine in Tanzania. This will be the...
Orion confident of funder support to develop PCZM
COPPER mine developer Orion Minerals is confident of raising the necessary funds to proceed with development of its flagship project, Prieska Copper Zinc Mine...
Rain, power issues squeeze Implats’ quarterly output
PLATINUM group metals miner Impala Platinum (Implats) faced a range of challenges in the March quarter which hindered saleable production, ranging from heavy rainfall...
Merafe puts two more smelters on ice as electricity prices bite
TWO more ferrochrome smelters owned by the Glencore/Merafe pool and share joint venture (PSV) will be suspended over the next month, representing another blow...
Tarkwa “strongly supported” by Ghanaian government: Gold Fields
THE Ghanaian government’s intervention in Gold Fields’ Damang mine this month has again raised questions about whether it is pressuring for greater ownership in...
Anglo American confident of full-year targets despite weak Q1 production
ANGLO American’s copper, iron ore, manganese, platinum group metals (PGMs) and diamonds businesses all posted flat or lower quarter-on-quarter output in the three months...
Gold Fields reaches “amicable” deal with Ghana
GOLD Fields has reached an "amicable agreement on a transitional plan" over the Damang gold mine with the Government on Ghana which last week...
Iron ore and anthracite losses clobber Afrimat’s earnings
AFRIMAT'S business conditions went from bad to worse in the second half of its financial year to end-February after the diversified mining group reported...
Kenmare’s problems with the Mozambique Government over operation of the Moma...
Heavy mineral sands producer Kenmare Resources is in continued discussions with the Government of Mozambique over “certain modifications” to extend the Implementation Agreement which...