MiningWeekly.com Audio Articles

High-flying DRDGold expecting nigh sevenfold earnings rocket . JOHANNESBURG (miningweekly.com) – Surface gold mining company DRDGold is expecting half-year earnings a share to rocket nearly sevenfold.

In a trading statement released on Wednesday, the company, he...

Master Drilling aligning with opencast mines going underground in changing world . JOHANNESBURG (miningweekly.com) – South Africa-based drilling company Master Drilling, which is active in 23 countries, is aligning itself with the transitioning global requirement of opencast mines go...

Anglo American Platinum to transfer R2bn value to communities . JOHANNESBURG (miningweekly.com) – Platinum group metals mining and marketing company Anglo American Platinum on Tuesday announced shared value worth R2-billion for host and labour-sending communities o...

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...