R/€ = 16.71 Change: -0.01
R/$ = 13.78 Change: 0.00
Au 1864.62 $/oz Change: 6.06
Pt 1164.00 $/oz Change: 17.50


Yamana aims for 200 000 oz/y at Wasamac, construction decision expected soon

By: Mariaan Webb     14th June 2021 Canadian bullion miner Yamana Gold would soon make a formal construction decision for the Wasamac project, the TSX-listed company said on Monday, while also announcing the acquisition of gold properties adjoining the project. Yamana, which acquired the Wasamac property, in Quebec, from Monarch... 

South African coal supply to fall off coal cliff from 2025 onwards – Jones 

By: Martin Creamer     14th June 2021 South African coal supply is set to fall off a coal-cliff from 2025 onwards, African Source Markets CEO Bevan Jones said on Monday. In response to Mining Weekly, Jones cited the three main factors that would cause South African coal supply to plummet as: 

Aeris completes A$50m capital raise

By: Esmarie Iannucci     11th June 2021 Copper/gold producer Aeris Resources has completed a A$50.4-million capital raise to accelerate exploration at the Tritton copper project and the Cracow gold mine, in New South Wales and Queensland respectively. Some 287.9-million new shares will now be issued at a price of 17.5c each in an... 

Coal expected to remain dominant source of power in the coming decade - Fitch Solutions

By: Simone Liedtke     10th June 2021 Coal is expected to remain the dominant source of power for most of Southeast Asia and Australia in the coming decade, at least, and Fitch Solutions Country Risk and Industry Research says that will support the mining of coal and coal trade in the region. Coal currently remains the most practical... 

MINExpo INTERNATIONAL® Empowers the Industry to Meet Global Demand

By: Reinette Classen     10th June 2021 Explore Every Level of Equipment and Technology at the Largest Mining Show of Its Kind 

Australasian Gold expands land holding

By: Simone Liedtke     7th June 2021 ASX-listed Australasian Gold has entered into a binding tenement sale and purchase agreement (SPA) to acquire a 100% interest in the Capella gold project, which is strategically located about 10 km south from the company’s Mt Clermont polymetallic project. The consideration for the acquisition of... 

SYSPRO 8 Supports Umfolozi Sugar Mill’s Digital Transformation Journey

1st June 2021 Company Profile Based in South Africa’s northern KwaZulu-Natal region, Umfolozi Sugar Mill (USM) was established in 1916 and is a leading producer of Very High Polarity (VHP) brown sugar for local as well as export markets. The company is committed to delivering a high-quality product that... 

Rebirth of junior mining, exploration possible with reforms – Baxter 

By: Donna Slater     1st June 2021 Despite decades of decay in the South African junior mining and exploration industries, Minerals Council South Africa CEO Roger Baxter says a rebound is possible with the establishment of “reliable infrastructure” and “competitive information”, the latter generated by the Council for Geosciences... 

GoviEx advances Mutanga uranium project

By: Simone Liedtke     28th May 2021 Mineral resource company GoviEx Uranium has executed a drilling contract with Zambia-based drilling company Hydro Tech Drilling & Exploration to undertake exploration and resource delineation drilling programmes at the company’s Mutanga uranium project, in Zambia. “With the reissued Chirundu... 

Govt-Minerals Council team established to promote exploration – Mgojo  

By: Martin Creamer     26th May 2021 The Department of Mineral Resources (DMRE) and Minerals Council South Africa have established a task team to promote exploration, outgoing Minerals Council president Mxolisi Mgojo said on Wednesday. The exploration task team, Mgojo said during his address to the council’s 131st annual general... 

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