Home News Page 476

News

Zimbabwe forecasts eight million carat leap in diamond production by 2023

0
ZIMBABWE expects to increase diamond production to 11 million carats by 2023 from 3.2 million carats last year, said Reuters citing the country's mines...

Caledonia sticks to adjusted 2019 production guidance despite power interruptions

0
CALEDONIA Mining Corporation said it produced 7.3% more gold from its Blanket mine in Zimbabwe in the September quarter, equal to some 13,646 ounces. This...

Vedanta to shut Skorpion Zinc for four months following technical problems

0
VEDANTA Resources is to shut its Skorpion zinc operations in Namibia from early November until the end of February 2020, said Reuters citing a...

Gold ascent opens new door of opportunity for DRDGold, Johannesburg’s oldest...

0
AS a boy, Pretorius Snr. would perform the dare-devil feat of any child who grew up in the shadow of Johannesburg’s gold dumps: slide...

Climate change to incentivise massive hike in the price of copper,...

0
WHEN demand for copper is thriving, it normally means global GDP is in a good space. There is, though, a new role for the metal...

Miners claim Zambia owes more than double the $215m acknowledged by...

0
ZAMBIA acknowledged it owed mining companies $215m in tax refunds, but miners insist the outstanding amount is more than double, said Reuters. Finance Minister Bwalya...

Hwange Colliery limps through 2019 promising higher production rates, again

0
TOTAL liabilities for Hwange Colliery Company (HCC) in Zimbabwe exceed assets by $19m, casting uncertainty on the ability of the coal miner – currently...

Implats vs. Sibanye: who did the better palladium deal, part II.

0
IMPALA Platinum's (Implats') bid to buy North American Palladium (NAP) is the second time a South African platinum group metal (PGM) company has sought...

Sierra Leone cancellation of iron ore contract represents fresh rise of...

0
THE controversial cancellation of an iron ore contract by the government of West Africa's Sierra Leone was a fresh manifestation of resource nationalism, said...

Tanzania lifts income from gold exports a quarter on higher volumes...

0
TANZANIA reported an increase in earnings from gold exports notwithstanding a continuation of the export clamp-down on Acacia Mining amid a tax payments dispute. Gold...