Congo Minister of Mines unhappy with Kore Potash progress
Kore Potash, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, located
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Africa
Botswana coal miner to open new open pit mine in 2021
Botswana’s state-owned Morupule Coal Mine (MCM) will boost annual output by 35% to 3.8 million tonnes a year in 2021
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STATE CAPTURE: ABB to pay back R1.56bn to Eskom
The SA branch of the international automation firm ABB was ordered to pay R1.56-billion to Eskom to settle an overpayment
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Kagem’s emeralds yield average price of USD 59.84 per carat
Gemfields has announced the results of its series of five small and sequential emerald auctions held during the period 2
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FCX awarded the Copper Mark for responsible production practices
PHOENIX, AR – Freeport-McMoRan Inc. (FCX) has announced the Copper Mark has been awarded to its first three sites: the
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Anglo American Platinum upgrades its operational guidance
As a result of the early rebuild completion of the ACP (Anglo Converter Plant) Phase A unit, the company upgraded
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Kumba: production likely to be close to lower end of guidance range
Kumba has provided an update on the company’s operational guidance for the full year 2020 and the outlook on production
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South Africa cement sales rebound with double-digit growth
PPC experienced muted cement sales in April and May 2020 as a result of COVID-19 related trading restrictions in South
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Manganese: High stocks put pressure on global prices
During Q3 and Q4 2020, manganese ore prices have softened to around or below US$4/dmtu (CIF China) following the return
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Maria Ramos appointed AngloGold Ashanti Chair
JOHANNESBURG – The Board of AngloGold Ashanti is pleased to advise that Independent Non-Executive Director Maria Ramos has been appointed
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MC Mining acting CEO and CFO resigns, head-hunted by PPC
MC Mining has announced that Brenda Berlin will step down as acting Chief Executive Officer and Executive Director effective 15
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Massive Explosion at Durban refinery investigated
A massive explosion occurred at Engen refinery south of Durban around 7.10am on Friday according to Garrith Jamieson of Rescue
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SA largest cement producer rocks the JSE amid strong recovery
Despite the initial COVID-19 related trading restrictions, PPC revenue increased by 1% to R5 006 million (September 2019: R4 948
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Exxaro anticipates domestic coal market to remain relatively stable
Exxaro’s coal operations were declared an essential service to ensure continued coal supply for electricity generation in response to the
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South Africa: Economic outlook for 1H21
Global economic growth recovery is anticipated to continue into 2021. However, the resurgence of COVID- 19 infections will weigh on
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Amplats safely completes the converter plant Phase A rebuild
Anglo American Platinum has safely and successfully completed the rebuild of the Anglo Converter Plant (ACP) Phase A unit, with
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Kumba iron ore production comes in at bottom of guidance
The iron ore miner has expressed its opinion that iron ore production would come in at the bottom of its
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Exxaro expects an increase of 27% in export volumes
COVID-19 (the pandemic) and associated control measures resulted in a record decline in real GDP for the second quarter of
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Ghana grows gold production
According to Fitch Solutions, a strong project pipeline will maintain production growth in Ghana. Apart from AngloGold Ashanti several other
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Roxgold gold production at the upper end of annual guidance
VANCOUVER, BC – Roxgold has announced that its mining activities in the third quarter totalled 109,737 tonnes of ore mined
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Nordgold delivers strong performance this year
LONDON – Nord Gold SE, the internationally diversified gold producer, is well set to deliver an excellent result for the
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Tharisa likely to deliver 300% improvement in earnings
In terms of the JSE Listings Requirements, companies are required to provide guidance to the market when they are satisfied
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Zambian court stops KCM liquidation
According to Lusaka Times, the Court of Appeal sitting at Ndola has ordered a halt to liquidation proceedings for Konkola
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Lumwana Copper Mine has 68,000 tpd processing plant
The Lumwana Mine property is located within the North-Western Province of the Republic of Zambia, approximately 65 km from Solwezi,
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Export tax may have destructive impact on SA chrome industry
An independent chrome ore producer group, made up of both primary and by-product chromium miners in South Africa, Chrome SA,
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Moabsvelden Coal to produce 2.4m tonnes per annum
Wescoal announced the commencement of the box cut phase of the Moabsvelden project which will produce 2.4 million tonnes per
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Global refined platinum production fell 2%
The World Platinum Investment Council (WPIC) says global refined platinum production fell 2% (-37 koz) year-on-year to 1,493 koz in
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Zambia to keep copper assets amid rising production
LUSAKA – Zambian Government believes bondholders won’t seize its mining assets because it defaulted on part of its debt last
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Tragedy at Gamsberg mine sends zinc soaring
AGGENEYS, RSA – The management of Vedanta Zinc International (VZI)’s Gamsberg Mine (Black Mountain Mining (Pty) Ltd), and Aveng Moolmans
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Glencore may strike deal with Zambia over Mopani Copper
Bloomberg News has reported that Zambian Mines Ministry was likely to announce a deal in December on the government’s ongoing
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