Third of labour force let go – Master Drilling . JOHANNESBURG (miningweekly.com) – The Covid-19 crisis resulted in drilling company Master Drilling having to let go a third of its labour force globally, Master Drilling CEO Danie Pretorius said on Tue...

Master Drilling’s net half-year operating cash up 100% . JOHANNESBURG (miningweekly.com) – Net cash generated from operating activities in the six months to June 30 increased 100% to $11.1-million amid unprecedented Covid-19 disruptions, drilling services co...

Contango subsidiary signs second LoI towards coal offtake agreement . London-listed Contango Holdings has signed a letter of intent (LoI) with CoalZim Marketing for a 2 000-t-a-month coal offtake agreement.

This is the second offtake LoI secured by Contango in August, ...

Jubilee secures more chrome, platinum tailings material for processing . Aim- and AltX-listed Jubilee Metals Group has executed a processing agreement in terms of which it has been appointed as operator to recommission and operate the existing run-of-mine (RoM) chrome benef...

Glencore takes giant leap to transform informal cobalt mining for the better . JOHANNESBURG (miningweekly.com) – Eight concerns, including diversified mining and marketing company Glencore, have joined forces to transform the informal mining of cobalt for the better.

Full imple...

AngloGold must keep local listing to sell assets to Harmony Gold . South Africa said AngloGold Ashanti must remain listed on the local bourse in order to conclude the sale of its last remaining assets in the country to Harmony Gold Mining.

The transfer of mining rig...

Minerals Council launches first National Day of Women in Mining . Industry organisation, Minerals Council South Africa, on August 21 launched the first National Day of Women in Mining, highlighting its focus on the implementation of initiatives designed to achieve st...

Exxaro breathes new life into Matla Mine 1 . JSE-listed Exxaro Resources has started with work on its Matla Mine 1 Relocation project.

The 42-year-old Matla operation consists of three underground mines.

At Matla Mine 1, which has been on car...

South32 progressing negotiations with Eskom for Hillside . Dual-listed South32 is making good progress in its negotiations with State-owned power utility Eskom on electricity prices for its Hillside aluminium smelter in Richards Bay, the group said during a me...

Gold Fields hoping for 40MW approval in next month or two – Holland . JOHANNESBURG (miningweekly.com) – Gold mining company Gold Fields, which has been trying to get a 40 MW solar power project approved for three years, is hopeful of approval being forthcoming in the nex...