R/€ = 17.08 Change: -0.11
R/$ = 16.77 Change: -0.25
Au 1739.66 $/oz Change: -65.55
Pt 860.50 $/oz Change: -16.40


Alphamin achieves record quarterly output, declares dividend

By: Tasneem Bulbulia     5th July 2022 TSX-V- and AltX-listed Alphamin Resources achieved record quarterly tin production of 3 180 t from its high-grade operation in the Democratic Republic of Congo (DRC) for the three months ended June 30. Output was 4% higher than that produced in the quarter ended March 31. 

Study finds six potentially harmful elements in Krugersdorp game reserve water

By: Schalk Burger     5th July 2022 The Mangosuthu University of Technology (MUT) academics and their counterparts from the Council for Geosciences have discovered high concentrations of six potentially harmful elements (PHE) in the Krugersdorp Game Reserve. The academics conducted a study to determine the levels of various... 

Do I need a Water Use Licence if I am not using any water?

5th July 2022 (Virtual Showroom): A question often asked by the general public - Why do I need to apply for Water Use Authorisation or a Water Use Licence if I am not using water?  In terms of Section 21 of the National Water Act, 1998 (Act No. 36 of 2016), there are eleven (11) activities that constitutes a... 

KonNx portfolio ensures constant connection, safety

By: Simone Liedtke     5th July 2022 In an effort to ensure constant connection between power cables, the relevant equipment and electricity, high voltage cable coupler manufacturer KonNx designs, manufactures and distributes high and low voltage cable couplers and connectors for use in heavy industrial applications (such as... 

Potential $70m lifeline for Nevada Copper

By: Mariaan Webb     5th July 2022 Embattled miner Nevada Copper on Monday announced nonbinding terms with its senior lender, KfW IPEX-Bank, and its biggest shareholder, Pala Investments, for a loan of up to $70-million. The copper producer, which at the weekend suspended mining activities at Pumpkin Hollow, reported that the... 

Galantas starts underground production at Omagh

By: Creamer Media Reporter      5th July 2022 Dual-listed Galantas Gold has started underground production at the Omagh project, in Northern Ireland, with longhole drilling commencing in the first series of stopes. Installation of the secondary egress from the 1 096 to 1 052 level is in the final stage of completion and is expected to be... 

Whitehaven facing legal challenges over Narrabri expansion

By: Esmarie Iannucci     5th July 2022 Coal miner Whitehaven Coal is facing a legal challenge to the State Significant Development Consent for the Narrabri Stage 3 extension project, in New South Wales, which was granted by the state’s Independent Planning Commission (IPC) in April this year. The proposed extension would extend the... 

Genesis confirms bid for Dacian Gold

By: Esmarie Iannucci     5th July 2022 ASX-listed Genesis Minerals on Tuesday confirmed its growth aspirations in Western Australia, unveiling a recommended takeover offer of gold miner Dacian Gold. Both Genesis and Dacian went into a trading halt at the start of the week, as reports emerged that Genesis had made a takeover offer... 

Osisko’s Gaspé copper project option extended

By: Mariaan Webb     4th July 2022 TSX-V-listed Osisko Metals’ option to acquire the Gaspé copper project from Glencore Canada has been extended to the end of the week, the company announced on Monday. Osisko in March announced the option to acquire the past-producing eastern Quebec copper mine, and said at the time that it had... 

Highfield signs €23m term sheet for equipment leasing

By: Darren Parker     4th July 2022 ASX-listed Highfield Resources has signed a €23.3-million non-binding indicative term sheet with financial services group Macquarie for an equipment operating lease facility for the Muga potash mine in Spain, subject to contract and Macquarie completing its final due diligence and all requisite... 

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