Implats PGM production increases by 29%, profit triples
Implats delivered stellar results for its half year ended 31 December 2020 despite the challenges presented by navigating Covid-19. An
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Precious Metals
Tongon mine gets it right, says Barrick Gold
Tongon mine produced a total of 284,863 ounces of gold in 2020, at the top end of its guidance for
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AngloGold Ashanti boosts reserves, charts growth path
JOHANNESBURG – AngloGold Ashanti has added 6 million ounces of new Ore Reserve, on a gross basis, as it chartered
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HARMONY: Emerging mining specialist with diversified and de-risked portfolio
JOHANNESBURG – Harmony Gold Mining Company in its financial and operating results for the interim period ended 31 December 2020
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Anglo American Platinum reports strong recovery in H2-2020
Despite the impact of Covid-19 on operations, Anglo American Platinum saw metal-in-concentrate production decrease by only 14% for the year,
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AngloGold Ashanti reports 7% reduction in gold production
AngloGold Ashanti, in its preliminary results announcement for the six months ended 31 December 2020, reports that its production was
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Barrick Gold: Tanzanian mines deliver on production guidance
The North Mara and Bulyanhulu gold mines both produced near the top end of their production guidance in 2020, their
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Platinum price outpaces palladium and gold as it reaches 6 years high
This week has seen platinum prices trading at their utmost level in more than six years amid improved industrial demand
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Harmony Gold reports 8% increase in gold production
Johannesburg – Harmony Gold Mining Company advises that net profit for H1FY21 will be between R5.7 billion and R5.9 billion
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Barrick Gold meets targets, advances growth projects
TORONTO – Barrick Gold Corporation has reported that it met its production targets for 2020, thanks to a consistent operating
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Sibanye Stillwater’s gold and PGM operations reach normalised production rates
2020 was a defining year for the Group, marking the end of the deleveraging phase that has prevailed over the
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Gold Fields improves its profit by 2.5 times
Gold Fields, in its unaudited results for the twelve months ended 31 December 2020, has announced normalised profit of US$878m
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Ivanplats arranges US$420 million financing for Platreef
MOKOPANE, South Africa – Ivanhoe Mines’ South African subsidiary, Ivanplats, has signed a non-binding term sheet with Orion Mine Finance,
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Pan African demonstrates resilience and operational flexibility
Pan African Resources’ improved operational and financial performance for the six months ended 31 December 2020 continues to demonstrate the
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Barrick to sell Lagunas Norte Gold Mine
TORONTO – Barrick Gold Corporation has announced it has reached an agreement to sell its 100% interest in the Lagunas
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Northam Platinum continues to develop low-cost, long-life assets
Northam in its trading statement and trading update says that a key feature of H1 F2021 has been the positive
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Gold’s role in a portfolio differs from cryptos
NEW YORK – The rapid ascent of cryptocurrencies over the past year has drawn the attention of investors. Often, investments
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Sibanye-Stillwater to begin new PGM projects in 2021
4E PGM Mineral Reserves at the combined Marikana, Rustenburg and Kroondal operations increased by 12.8M 4Eoz, primarily as a result
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Endeavour Mining becomes new top ten global gold producer
GEORGE TOWN – Endeavour Mining has announced the successful completion of the acquisition of Teranga Gold Corporation to create a
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Eastern Platinum confirms investment into development and growth
VANCOUVER, British Columbia – Eastern Platinum has confirmed the Board of Directors of the Company approved the revised 2021 capital
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Tharisa slams proposed chrome export tax
Coupled with the safety performance, was Tharisa standout conduct in both mining and processing, where the tough decisions the company
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GOLD: Weak Q4 results in 11-year low for annual 2020 demand
The international gold market was ravaged by COVID-19 disruption throughout the year, while record high prices were a mixed blessing. The
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Gold Fields earnings up 300% on higher production and higher gold price
JOHANNESBURG – Gold Fields advises that headline earnings per share for the 12 months ended 31 December 2020 (FY 2020)
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AngloPlatinum reports 71% increase in the rand basket price
JOHANNESBURG – In its Trading Statement for the twelve months ended 31 December 2020, Anglo American Platinum has advised that
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Pan African increases gold revenue to US$183.8 million
Pan African in its trading statement for the six months ended 31 December 2020 says its headline earnings per share
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AngloGold lower production due to sale of SA operations and pandemic
JOHANNESBURG – AngloGold Ashanti, in its Trading Statement for the year ended 31 December 2020, that the Company has reasonable
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Implats reports strong performance for six months period
Implats reports concentrate 6E production for the six months ended 31 December 2020 is expected to increase by 9% to
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Loulo-Gounkoto gold mine exceeds its full year guidance
Mali – Barrick Gold Corporation’s Loulo-Gounkoto mine complex delivered production of 680,215 ounces of gold in 2020, exceeding its full
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Sibanye Stillwater reports strong operational performance for 2020
JOHANNESBURG – Sibanye Stillwater, in its trading statement for the year ended 31 December 2020, advises that it expects to
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Refined PGM production decreases due to ACP plant rebuild
Refined Q4 2020 PGM production from Anglo American Platinum’s own material (excluding toll-treated material) decreased by 49% to 673,100 ounces
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