Mining stakeholders unable to assess effectiveness of sustainability investments – analyst

Companies face immense pressure to positively contribute to the alleviation of pressing environmental, social and economic issues, owing to combined expectations and scrutiny of asset managers,... 

Top research award for Wits academic

The National Research Foundation (NRF) has awarded another accolade to the School of Mining Engineering at the University of the Witwatersrand (Wits) by awarding a C2 rating to staff member... 

Eastplats generates first revenue since 2013

After having revitalised the company, TSX-listed platinum miner Eastern Platinum (Eastplats) plans to continue creating shareholder value this year, CEO Diana Hu said in a statement on Wednesday.... 

B2Gold approves Fekola expansion

Dual-listed B2Gold on Tuesday announced “very positive” results from a preliminary economic assessment (PEA) for the expansion of its Fekola mine, in Mali. Consequently, the company will be... 

WGC opens consultations on draft Responsible Gold Mining Principles

Gold industry market development organisation, the World Gold Council (WGC), on Tuesday launched the exposure draft of its Responsible Gold Mining Principles, which establish a new framework with... 

Corruption Watch calls for enquiry into misadministration of mining royalties

Civil society organisation Corruption Watch (CW) has recommended that a commission of enquiry be established to determine the scope and degree of alleged misadministration and misappropriation of... 

Jubilee set to acquire Sable Zinc refinery

Dual-listed Jubilee Metals on Friday announced that it has executed a share purchase agreement for the acquisition of the Sable Zinc refinery in Kabwe, Zambia. The refinery is situated immediately... 

Success of tailings retreatment stands out in lacklustre gold sector

In a sector bedevilled by protracted industrial action, and a lack of new discoveries and investment, as well as ever deeper and ever declining orebodies, gold tailings retreatment operations have... 

A liquid recycled-diamond market could boost natural-diamond industry – analyst

Conventional wisdom says that increased diamond recycling results in downward price pressure owing to the theoretical increase in supply, diamond analyst Paul Zimnisky notes in a release published... 

Success of tailings retreatment stands out in lacklustre gold sector

In a sector bedevilled by protracted industrial action, and a lack of new discoveries and investment, as well as ever deeper and ever declining orebodies, gold tailings retreatment operations have... 

Exxaro delivers record coal production and sales, increases total dividend

Empowered diversified miner Exxaro Resources achieved a robust financial performance for the year ended December 31, 2018. The company reported record coal production, sales and exports, while its... 

Amplats donates 270 ha of land to support land reform

Anglo American Platinum (Amplats) on Friday handed over 270 ha of land, worth about R26-million, to the Rustenburg local municipality and the Rustenburg Alchemy Development Trust to support... 

Global alliance looks to tackle tailings challenges

Given the global challenges around mine waste, particularly around tailings, the Global Mineral Professionals Alliance (GMPA) –  a multinational collaboration between professional organisations for... 

'Historic’ Arnot transaction realises aspirations of Mining Charter 3 – Mgojo

Diversified miner Exarro Resources has facilitated a transaction that enables former employees of Exxaro Coal Mpumalanga (ECM) to participate in 50:50 joint venture that is set to acquire the... 

Exxaro delivers record coal output, sales; ups total dividend

Empowered diversified miner Exxaro Resources achieved a robust financial performance for the year ended December 31, 2018. The company reported record coal production, sales and exports, while its... 

Kenmare delivers record shipment volumes for third consecutive year

Mozambique-focused titanium minerals producer Kenmare Resources on Wednesday announced “strong” preliminary results for the 2018 financial year. Its flagship operation, the Moma mine, in northern... 

WEBA Chute Systems founder inducted into International Mining’s 2018 Hall of Fame

Gauteng-based family-owned WEBA Chute Systems founder and chairperson Werner Baller bested eleven other nominees to be inducted into the International Mining Technology Hall of Fame for 2018 –... 

Charter may encourage unreasonable community expectations – economist

The new Mining Charter imposes several transformation-based changes, including a minimum 30% broad-based black economic empowerment shareholding, which also stipulates that a minimum of 5%... 

Platinum market to remain in surplus despite expected rise in demand – WPIC

Global platinum demand is expected to increase by 5% to 7.7-million ounces this year, owing to a significant increase in investment demand, which should offset weaker demand in the automotive,... 

New black-empowered miner Sibambene Coal searching for assets

Empowered Sibambene Coal on Tuesday announced its intention to acquire high-quality existing and greenfield coal assets in South Africa to promote inclusive growth and competition within the coal... 

Improved policy perception boosts South Africa’s investment attractiveness ranking

South Africa’s investment attractiveness has improved, primarily on the back of improved policy perception, the Fraser Institute’s 2018 mining survey, which was released on Friday, shows. Fraser’s... 

De Beers honours Diamond Beneficiators project’s first graduates

De Beers Group on Thursday night celebrated the successful conclusion of the first phase of its Enterprise Development Project for Diamond Beneficiators. Five black South African-owned diamond and... 

Auctions an efficient way to generate cash, reduce costs

The term mining auction refers to a range of disposals in the mining sector, including the disposal of scrap and/or surplus yellow equipment, assets from business rescue and/or liquidation, and the... 

State-owned AEMFC awarded PCF bid to the tune of R1bn

A consortium led by State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) has been awarded the post-commencement funding (PCF) bid for Optimum Coal and its... 

Auctions an efficient way to generate cash, reduce costs

The term mining auction refers to a range of disposals in the mining sector, including the disposal of scrap and/or surplus yellow equipment, assets from business rescue and/or liquidation, and the... 

Kimberley Process must grasp opportunity to correct limitations – WDC president

As this is the final year of the Kimberley Process’ (KP’s) three-year review, the organisation must grasp the opportunity to correct failings in the system designed to prevent conflict diamonds... 

Ncondezi inches closer to concluding Tete JDA

Aim-listed Ncondezi Energy on Thursday announced that the process to conclude a binding joint development agreement (JDA) for its 300 MW integrated power and coal mine project, in Tete, Mozambique,... 

Phase 1 drilling at Thorny River completed, bulk sampling expected in Q2

Aim- and Botswana Stock Exchange-listed Botswana Diamonds on Thursday announced that the first phase of the intensification drilling programme at its Thorny River prospect, in South Africa, has... 

Solid operational performance lifts Shanta’s FY18 operating profit by 75%

Aim-listed East Africa-focused gold producer Shanta Gold on Thursday announced strong financial and operational results for the year ended December 31, 2018. The results focussed on the performance... 

Cost benefits to boost mines' adoption of renewable hybrids

As various projects have demonstrated the value of renewables for reducing diesel, heavy fuel oil (HFO) and gas consumption, mining companies could now benefit from a significant cost reduction... 

Linhleko Projects, FLSmidth partner to boost Waterval chrome production by 20%

Black-owned fabrication and mining installations company Linhleko Projects this week officially launched its cooperation agreement with FLSmidth – a 50/50 profit sharing agreement in which Linhleko... 

Pan African H1 revenue up 52.8% y/y to R1.3bn

Gold miner Pan African Resources achieved a 52.8% year-on-year increase in revenue for the six months to December 31, 2018, to R1.3-billion. CEO Cobus Loots on Wednesday attributed the higher... 

State-owned AEMFC awarded PCF bid to the tune of R1bn

A consortium led by State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) has been awarded the post-commencement funding (PCF) bid for Optimum Coal and its... 

Retrenchments at South32’s Hillside smelter could affect up to 500 jobs – Solidarity

Trade union Solidarity on Tuesday said it had received a retrenchment notice from South32’s Hillside aluminium smelter, in Richards Bay. The trade union stated that the retrenchment process could... 

Clough set to acquire Saulsbury’s oil and gas unit, EPC portfolio

Murray & Roberts (M&R) subsidiary Clough will acquire Houston-based engineering, procurement and construction (EPC) contractor Saulsbury’s Gulf Coast downstream and chemical business unit, as well... 

Armadale signs MoU with potential buyer of Mahenge Liandu graphite

Aim-listed Africa-focused mining investment company Armadale Capital has signed a memorandum of understanding (MoU) for a proposed offtake agreement with Chinese graphite mining and processing... 

Platreef weighted basket price reaches three-year high – Ivanhoe

Ivanhoe Mines co-chairpersons Robert Friedland and Yufeng Sun, as well as Ivanplats MD Dr Patricia Makhesha, on Monday announced that the weighted basket price of the metals contained in the... 

Yamana forecasts stable-to-positive production growth to 2020

TSX-listed Yamana Gold expects stable-to-positive production growth, with gold and silver output forecast to increase to 955 000 oz and 12-million ounces, respectively, by 2020. In the... 

Weaker prices hit Silvercorp Q3 performance

TSX-listed Silvercorp Metals, which owns and operates mines in China, on Thursday reported a net income of $8.7-million for the third quarter ended December 31 – representing a 31% year-on-year... 

Hostile construction environment to persist until infrastructure spend recovers

Construction is a depressing place to be at the moment, says Hogan Lovells partner and construction head Clive Rumsey, citing the lack of large infrastructure projects, deriving from lacklustre...