Miningmx2d
Sibanye-Stillwater to reopen Burnstone gold project
SIBANYE-Stillwater is to considering reopening its Burnstone gold project in Mpumalanga province following an improvement in the gold price. “We are reconsidering it,” said Neal Froneman, CEO of ...
Miningmx3d
Anglo agrees joint plan with Codelco for copper mines
ANGLO American today announced plans for a joint mine plan with Codelco in Chile that will see the partners produce 2.7 million tons of additional copper over 21 years from 2030. A memorandum of ...
Miningmx3d
Gold Fields sees smooth pathway for Windfall project
APART from having to manage and co-exist with caribou on the Windfall property in Quebec, Gold Fields does not anticipate encountering the same environmental hurdles in developing the mine as with ...
Miningmx4d
What’s behind Sibanye-Stillwater’s chrome deal with Glencore?
SIBANYE-Stillwater’s agreement with Glencore-Merafe Joint Venture (GMV) announced today is designed to generate billions of rands in by-product chrome revenues for the Johannesburg miner. In a two ...
Miningmx3d
Hefty De Beers write-down takes Anglo into headline loss
A $2.9BN write-down of De Beers took parent company Anglo American into a $3.1bn headline earnings loss for the 12 months ended December. Anglo CEO Duncan Wanblad said in a media call on Thursday that ...
Miningmx5d
West facing uranium crunch as supply rerouted to Russia, China
US and European energy users are facing the threat of a decline in uranium supply as major producers such as Kazakhstan reroutes its production to Russia and China, according to an article in the ...
Miningmx3d
Lucapa Diamond Co. ends blockade at Angolan mine
LUCAPA Diamond Company said on Thursday mining had resumed at its Lulo mine in Angola following an 18-day blockade by local leaders. Processing continued during the blockade with diamonds being ...
Miningmx6d
Mantashe says SA open to nuclear project bids from Russia, Iran
SOUTH Africa risked deepening its rift with the US if it turns to Russia or Iran to expand its civilian nuclear power capacity, said Reuters citing analysts. “We can’t have a contract that says Iran ...
Miningmx5d
Kumba says concession of rail network possible in 18 months
Mpumi Zikalala, CEO of Kumba Iron Ore. Photographer: Dwayne Senior/Bloomberg via Getty Images KUMBA Iron Ore hopes to participate in industry efforts to have the Sishen to Saldanha iron ore and ...
Miningmx4d
GoviEx may have route back into Niger uranium project
URANIUM development firm GoviEx may well have a route back into the suspended Madaouela project in Niger after agreeing with the government to talks. In July, Niger withdrew GoviEx’s mining permit to ...
Miningmx5d
Anglo to sell nickel business to MMG for $500m
ANGLO American took gross cash proceeds from divestments to $5.3bn after announcing on Tuesday the sale of its South American nickel assets for $500m. The buyer is MMG Singapore Resources, a division ...