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Eastplats achieves first PGM recoveries from tailings project

By: Marleny Arnoldi     18th February 2020 JSE- and TSX-listed Eastern Platinum (Eastplats) has successfully produced platinum group metal (PGM) concentrate from its refurbished small-scale PGM Circuit D – previously called the scavenger plant circuit. The company is using feed from its retreatment project, located at the company’s... 

Record-performing Amplats applying for 75 MW solar power at Mogalakwena

By: Martin Creamer     17th February 2020 Platinum group metals (PGMs) mining company Anglo American, which has reported record safety, record financials and the highest dividend in 15 years, has submitted an application to be allowed to self-generate 75 MW of solar power at its Mogalakwena mine where the world’s largest hydrogen fuel... 

Minnesota Natural Resources Dept and PolyMet approach Supreme Court

By: Mariaan Webb     17th February 2020 The Minnesota Department of Natural Resources (DNR) and Toronto-headquartered PolyMet Mining have approached the Supreme Court to review last month’s state Court of Appeals decision on permits for the NorthMet project. The DNR is seeking a review of a decision regarding three permits that it... 

Sibanye's JSE-listed shares rise on upbeat trading update 

By: Creamer Media Reporter      14th February 2020 Precious metals miner Sibanye-Stillwater's share price on the JSE rose by more than 7% on Friday afternoon as the group announced a recovery in its operational and financial performance for the second half of 2019.   

Northam to post record interim operating profit of up to R3.1bn

By: Marleny Arnoldi     11th February 2020 JSE-listed Northam Platinum expects to post a record operating profit of between R2.9-billion and R3.1-billion for the six months ended December 31. This was on the back of the company having produced a record 306 738 oz of platinum, palladium, rhodium and gold, which was 19.6% higher... 

Mining sector found to be highly exposed to water risks 

By: Natasha Odendaal     7th February 2020 The mining sector has come out tops as the industry most likely to be affected most by the world’s worsening water crises, and South Africa’s mining sector is not immune. The World Wide Fund for Nature (WWF) has warned of the water risks facing the mining industry after an exhaustive analysis of... 

Minerals Council calls for coal advocacy group to be established

By: Kim Cloete     31st January 2020 The Minerals Council has called for an advocacy group to be set up in the coal sector to highlight its value to the South African economy as an industry and employer of 220 000 people across the coal value chain, says the council's senior economist, Bongani Motsa. “As an industry we need to... 

Sylvania achieves record interim production, expects further improvements

By: Marleny Arnoldi     31st January 2020 Aim-listed Sylvania Platinum reached a new record interim production of 40 003 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs) for the six months ended December 31, despite power disruptions and downtime during the last quarter of the interim period.  The company’s... 

Safe havens shine as spreading virus spurs rush to buy gold

By: Bloomberg     27th January 2020 Gold jumped as the spread of the coronavirus globally spurred demand for haven assets. Prices rose as much as 1.1% as risk-off sentiment swept markets, with equities tumbling and Treasures gaining. In the latest attempt at containment, China extended the week-long Lunar New Year holiday and... 

Mechanised boring solutions making headway

By: Tracy Hancock     24th January 2020 The development of rock-boring and drilling services provider Master Drilling’s mobile tunnel borer (MTB) and shaft-boring system (SBS) technology is advancing, with the machinery expected to reduce project development times by three to four times, says Master Drilling CEO Danie Pretorius. “These... 

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