Eskom load shedding, strikes hit SA mining production in November
INTERRUPTIONS in electricity supply and strike activity took its toll on South Africa's mining sector which produced a higher-than-expected contraction in production for November,...
First Quantum’s Zambia assets play part in firm’s 2018 record production
FIRST Quantum Minerals, the Toronto-listed firm, reported record copper production and sales for 2018 which came in 6% and 3% higher respectively year-on-year.
Full year...
Leaked voting data said to show DRC Tshisekedi election victory was...
THE Democratic Republic of Congo's December 30 general election - its first since independence in 1960 - in which Felix Tshisekedi was voted into...
GEM and Lucara tipped to shine as diamond shares struggle with...
DIAMOND equities may be in for a rough ride in 2019, according to a report by Canaccord Genuity analyst, Des Kilalea, who identified a...
SA’s ferroalloys sector at risk if Nersa approves Eskom request for...
SOUTH Africa's ferroalloy industry would be imperilled if the National Energy Regulator of South Africa (Nersa) approved a three-year, 15% electricity rate hike requested...
Ante raised on consolidation after Newmont-Goldcorp marriage builds on Barrick momentum
THE $10bn takeover of Goldcorp by Newmont Mining on January 13 will raise the ante on consolidation in the gold industry, said Bloomberg News...
Orion confirms ‘global’ mineral resource for Prieska project at 30 million...
ORION Minerals said today the total mineral resource of its Prieska copper and zinc project totalled just over 30 million tonnes.
"The completion of the...
AMCU raises stakes in secondary strike at Sibanye-Stillwater’s platinum operations
THE relationship between Sibanye-Stillwater and the Association of Mineworkers & Construction Union (AMCU) took a decisive turn for the worse today after the union...
Caledonia hedges gold output as capital demands of Blanket expansion bite
CALDEONIA Mining Corporation, a company that operates Zimbabwe's Blanket mine, has hedged 100% of its gold production from February to June - some 22,500 ounces...
Acacia turns in resilient production numbers, takes net cash to $88m
ACACIA Resources turned in a resilient performance for its 2018 financial year, producing higher-than-forecast gold production and taking net cash to $88m as of...