Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesRising nationalismSPONSOREDswannTwo weeks ago, I wrote that investors appear to have been right in heavily discounting feasibility study valuations for the Mt Carrington project, if a recent re...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipFuture remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOther assays from the resource expansion programme included 372m at 1.02% Cu-eq from 36m, within 462m at 0.91% Cu-eq."The strik...Read More
The platform, which monitors about 90% of global copper and nickel smelting activity, said along with seasonal maintenance, there had been extended downtime as copper smelters waited for expected higher treatment and refining charges later this year.It said there had been a significant reduction in activity in south central China, which was put down to recent flooding and power restriction directi...Read More
Mining Journal's Chris Cann speaks with Midnight Sun chief executive Al Fabbro about the work programme Rio Tinto is currently funding and running to earn its exposure to the Solwezi copper-cobalt project in Zambia.Fabbro also addresses the issue of managing risk in one of Africa's traditional mining strongholds.Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesRising nationalismSPONSOREDswannThat was the price of the lightweight metal in early 2008 as Rio Tinto was being feted by investors for its acquisition six-months earlier of the Canadian-based...Read More
The company reported a 39% increase in measured, indicated and inferred resources to 308.9 million tonnes at 1.14% lithium oxide, 105 parts per million tantalum pentoxide and 0.Read More
Some 53% of union members voted to accept the new contract which included a bonus of 4.5 million pesos (US$5,800) and productivity bonuses despite not including a pay rise.Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDThe typical investor pitch from a mining industry executive still searching for a route to production relies too heavily on unexplained technical detai...Read More
The Canada-based company had sought an urgent interdict to prevent the grant of a licence over the same area in July, when it also applied for a review of the refusal decision.It said yesterday the High Court of Namibia had rendered a decision to interdict and restrain the ministry of mines and energy from granting a licence over Haib, until the final determination of the application to review the...Read More
The company extended a credit facility with senior project lender KfW IPEX-Bank to September 30 and is in discussions regarding a longer-term extension into 2023.Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDThe government wants water usage from continental sources such as glaciers, rivers and lakes to be cut to 10% of the total by 2030 and 5% by 2050 from...Read More
Revenue jumped 24% to a record A$813 million as a result of the sale of 65,698 tonnes of copper and 37,394 ounces of gold. Operating cashflow rose from $273.6 million in FY20 to $471.Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDMost comments on BHP's makeover have, so far, assumed that what management wants, it gets.Read More
MMG said the accident happened in the Huallpachaca area of the Cotabambas province, which has a series of hairpin bends.Local media reported the bus fell into a deep gorge.The passengers were employees of contracting firms including Manpower, Geotec, MB Renting, AKD Drilling, Lavalin, M&RC, JRM and JP Natlian, MMG said."We express our deepest sorrow and grief and extend our sympathies and supp...Read More
Since the company raised US$45 million in debt at the end of 2019, the development has been hit with a succession of challenges, starting with the COVID-19 pandemic, which has tested companyRead More
The workers' union at BHP's Cerro Colorado has called on its members to reject a final contract offer by the company, paving the way for a strike at the small deposit, Reuters reported.It's another potential setback for the mine, after the Supreme Court ruled in favour of indigenous communities in a complaint related to water use earlier this year.Union leader Marcelo Franco said BHP had used the...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDSpeaking last week, White Rock chief executive Matthew Gill invited investors to take a look at a recent independent expert report to validate his asse...Read More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDMinerals sands EBITDA jumped 69% to A$299 million, while margin improved to 41% from 39%. Operating cashflow was $306 million, with free cashflow of $1...Read More
Leon Coetzer, CEO of Jubilee, said the MOU, announced Tuesday, "will see Jubilee refurbish and expand some of Mopani's processing facilities currently not in use and removes the need for the companyRead More
Future remains golden for Rox ResourcesSPONSOREDrox resourcesCashed-up Karora is doubling gold production at a blistering paceSPONSOREDkarora resourcesOzAurum drills in home of goldSPONSOREDozaurum resourcesThe Future of Tailings ManagementSPONSOREDFunds would also be used for working capital and general corporate purposes.Kombat's restart costs were put at US$6.4 million in a 2018 feasibility stu...Read More