Gold market subjected to unprecedented change in Q1, says World Gold...
GLOBAL gold demand was stable in the first three months of 2020 as a decline in jewellery purchases caused by COVID-19 lockdowns was offset...
Newcrest Mining keen to reopen talks with PNG government on Wafi-Golpu...
NEWCREST Mining was ready to resume talks with Papua New Guinea (PNG) to develop its major Wafi-Golpu gold project held in joint venture with...
Glencore trims copper output guidance, says discussing “operating scenarios” with Zambia
COPPER production from Glencore's African assets would come in about 14% lower than set down in original guidance for the group's 2020 financial year.
The reduction,...
Implats cuts refined PGM forecast 15% as Muller warns of regular...
IMPALA Platinum (Impala) said refined platinum group metal (PGM) production for its 2020 financial year could be up to 15% lower as a result...
VMR stays retrenchments until after COVID-19 lockdown after meeting with mines...
VILLAGE Main Reef (VMR) has postponed retrenchments at its Tau Lekoa and Kopanang mines in South Africa until after the COVID-19 lockdown, said Reuters.
This...
Illegal gold miners too scared to surface as SA police intensify...
ILLEGAL gold miners in South Africa are hiding underground, too scared to surface as police on patrol enforcing the COVID-19 lockdown might arrest them,...
West African Resources buys B2Gold’s Toega prospect in Burkina Faso for...
AUSTRALIAN-listed firm, West African Resources, has agreed to buy the Toega gold deposit from B2Gold and its partner, GAMS-Mining F&I for $45m, the company...
RBPlat defers R400m in capex as lockdown hits 46,300 oz in...
ROYAL Bafokeng Platinum (RBPlat) deferred R400m in capital expenditure and withdrew its production guidance for the 2020 financial year after production losses of an...
Orion cuts staff, contractors, executives take pay cuts ahead of project...
ORION Minerals had "significantly" reduced the number of employees and contractors in order to conserve cash as the economic effects of the COVID-19 pandemic...
Perseus plays it cautiously despite solid March Q, drawing down $100m
PERSEUS Mining generated strong cash in the third (March) quarter of its financial year, but it took the precaution of drawing down on available...