GOLD 1308.30 $/ozChange: 9.42
PLATINUM 1479.50 $/ozChange: 6.00
R/$ exchange 10.51Change: 0.02
R/€ exchange 14.12Change: 0.06
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
Breaking News
 
COPPER EXPORTS

Freeport set to resume Indonesian copper exports

0 COMMENTS
Freeport-McMoRan clinched a deal with the Indonesian government on Friday allowing the miner to resume copper concentrate exports from the country, effectively ending a six-month tax dispute and paving the way for more miners to follow suit....
25th July 2014
 
 
IMPORT DUTIES

US sets duties on ferrosilicon from Venezuela, not Russia

0 COMMENTS
The US Department of Commerce on Friday confirmed final import duties on ferrosilicon from Venezuela and found no dumping of products from Russia, upholding an earlier decision. Final dumping margins on ferrosilicon, used as an alloying agent in...
25th July 2014
 
 
DRILLING SERVICES

Major Drilling expands services underground

0 COMMENTS
Canadian drilling equipment and services provider Major Drilling this week announced its entry into the underground percussive/longhole drilling sector with an agreement to buy Taurus Drilling Services for C$27.7-million. The Moncton, New...
25th July 2014
 
 
PROJECT FINANCING

Osisko Gold Royalties buys into NioGold for C$4.9m

0 COMMENTS
The TSX-V-listed stock of junior exploration firm NioGold Mining on Friday soared by as much as two thirds after announcing a C$4.9-million private-placement financing with Osisko Gold Royalties. Vancouver-based NioGold said that Osisko would buy...
25th July 2014
 
 
COMPANY REORGANISATION

Veris Gold granted provisional relief in the US

0 COMMENTS
Gold producer Veris Gold was this week granted provisional relief under Section 1519 of the US Bankruptcy Code in the United States. As of as of Wednesday, the ruling recognised the Canadian proceeding of the Companies' Creditors Arrangement Act...
25th July 2014
 
 
SILVER

Fortune Minerals reports attractive metrics for Colorado silver mine

0 COMMENTS
TSX-listed Fortune Minerals this week reported attractive financial indicators resulting from a preliminary economic assessment (PEA) undertaken on its recently acquired Revenue Silver mine, in south-west Colorado. The London, Ontario-based...
25th July 2014
 
 
MINING PRODUCTIVITY

Miners need to reverse decade-long productivity decline

0 COMMENTS
Miners would need to radically transform their business models if they wanted to reverse the decade-long decline in productivity, a new report by professional services firm EY had found. ‘Productivity in mining: A case for broad...
25th July 2014
 
 
PLATINUM

Two injured in Styldrift gas cylinder explosion

0 COMMENTS
Two employees of platinum miner Royal Bafokeng Platinum’s (RBPlat’s) Styldrift mine, in the North West, have been injured as a result of an acetylene gas cylinder explosion at the mine on Friday morning. RBPlat spokesperson Lindiwe...
25th July 2014
 
 
TRADING UPDATE

Mali, Ghana mines weigh on AngloGold Q2 results

0 COMMENTS
Gold producer AngloGold Ashanti’s closure of its Yatela mine, in Mali, and the ongoing restructuring at its Obuasi mine, in Ghana, would likely drag down earnings for the second quarter. AngloGold embarked on the implementation of a range of...
25th July 2014
 
 
GOLD

DRDGold to sell ERPM rights for R220m

0 COMMENTS
Gold miner DRDGold on Friday announced that its 74%-owned subsidiary Ergo Mining Operations would sell the underground mining and prospecting rights held by East Rand Proprietary Mines (ERPM), as well as certain other assets on relating mining...
25th July 2014
 
 
 
 
Topics in these articles
City Company Country Facility
Industry Term Person Province Or State Region
Currency Market Index Natural Feature Product
 
 
 
Breaking News Multimedia
image
VIDEO
image
View all
 
 
Kumba’s cash return to black shareholders Video
Mining project studies on the increase – DRA Video
Resources Watch Video
Kumba’s cash return to black shareholding now... Video
Kumba providing helping hand to up-and-coming... Video
Amplats capitalising mechanised mines, may... Video
High-Tech mining flies into SA Video
Resources Watch Video
Aviation hitech flying into South African... Video
image
Audio
image
View all
 
 
Underground coal gasification has key... Audio
WDC hopes to resolve Zim diamonds... Audio
Anooraq focusing on doubling output... Audio
Tanzania's Jengo wants mine listings... Audio
Wits Gold plans to move De Bron into... Audio
London Mining expects iron-ore prices... Audio
Tungsten-miner Malaga mulls 2nd mill,... Audio
Kebble R1bn unlocked as... Audio
Geovic confident on Cameroon cobalt... Audio