GOLD 1264.49 $/ozChange: -22.69
PLATINUM 1411.00 $/ozChange: -13.00
R/$ exchange 10.74Change: -0.08
R/€ exchange 14.10Change: -0.11
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
Mining Services

Demand increase for diesel particulate catalyst

Murray Engineering will supply its new human-machine interface integration systems to the mining industry from September
Western Australia-based engineering company Murray Engineering has noted a 100% increase in demand in the past year for its Microfresh stainless steel diesel particulate catalyst for light vehicles operating on mine sites, says business...
29th August 2014
Electra Mining

SA and Australia firms team up to serve African gold mining

Working together from across the Indian Ocean for more than 25 years, Custom Furnaces of Randvaal, South Africa, and Como Engineers of Perth, Western Australia, have been combining their respective engineering expertise in the areas of heat...
29th August 2014

Resolute’s revenue falls on lower output, prices

Lower gold prices and the decision to halt operations at Golden Pride, in Tanzania, have seen ASX-listed Resolute Mining’s 2014 revenue decline by 15% year-on-year to A$527-million, and its profit plunge by 60%. The company, which also owns...
26th August 2014

Gold Fields sells 51% stake in Peru project to JV partner

Gold major Gold Fields will sell its 51% stake in the Chucapaca gold mine, in Peru, to its joint venture partner in the project Compañía de Minas Buenaventura for $81-million. In addition to the $81-million, Gold Fields would also receive a 1.5%...
19th August 2014

B2Gold swings to Q2 net loss, expects output to rise

Canadian gold miner B2Gold has swung to a net loss during the three months ended June 30, despite a 4% rise in output. The TSX-, NYSE MKT- and Namibia-listed miner reported a quarterly net loss of $11.5-million, or $0.02 a share, compared with net...
15th August 2014

Hummingbird draws down $10m for Yanfolila development

Gold explorer Hummingbird Resources’ wholly owned subsidiary, Trochilidae Resources, has drawn down the $10-million available to it under the Taurus Mining Finance Fund bridge facility. This facility was the first of a two-phase debt facility...
15th August 2014

Despite gaining less in 2013, EY's Canadian Mining Eye outpaces global indices

Despite professional services firm EY’s quarterly ‘Canadian Mining Eye’ index having gained only 9% in the three months ended June 30, the index outperformed the S&P/TSX composite index, which gained only 6% during the second quarter, and...
12th August 2014

Record production pushes Endeavour to profit

Dual-listed gold miner Endeavour Mining has swung to profit during the June quarter, on the back of record gold production from its mines in Africa. During the second quarter, Endeavour reported earnings before interest, tax, depreciation and...
12th August 2014

Earthquake-hit AngloGold cannot say when it will return to normal Video Available

AngloGold Ashanti CEO Srinivasan Venkatakrishnan (Venkat) Gold major AngloGold Ashanti is unable to forecast when it will be back to normal at its earthquake-hit Great Noligwa and Moab Khotsong mines, where it expects to lose 30 000 oz as a consequence of the 5.3 magnitude earthquake near Stilfontein on...
11th August 2014

Hummingbird secures $75m financing for Yanfolila development

Gold exploration and development company Hummingbird Resources has reached an agreement with Taurus Mining Finance Fund for a $75-million, two-phase debt facility that would enable the company to fund the construction of its Yanfolila project, in...
11th August 2014
Company Announcement

AngloGold Output up 17%, Costs Improve on Record Safety Result PDF Available

AngloGold Ashanti reported a 17% increase in production for the second quarter compared with the same period a year earlier, as its two new mines continued to contribute lower-cost ounces, and a strong safety performance helped its South Africa...
11th August 2014

AngloGold Ashanti output up 17%, earthquake-hit mines restarting

AngloGold Ashanti CEO Srinivasan Venkatakrishnan South African gold major AngloGold Ashanti on Monday reported a 17% increase in production for the second quarter compared with the same period a year earlier, with its two new mines continuing to contribute lower-cost ounces, and a strong safety...
11th August 2014
Topic Multimedia
View all
Implats defers production target, reviews... Video
Absolute change needed to mine remaining 1.1bn... Video
Resources Watch Video
BHP Billiton spins out Newco Video
Transnet, Eskom coal boost for black-controlled... Video
Gold Fields piloting two new mining methods at... Video
Resources Watch Video
More than 90% of SA seismic events are mining... Video
SA still best mining address Video
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