MiningWeekly.com Audio Articles

Harmony achieves better than expected output levels, notes gold price benefits . Despite Covid-19 disruptions to its operations, Harmony Gold Mining Company managed to achieve up to 75% of planned production during the last quarter of the its financial year to June 30, which was hi...

High-flying Barrick Gold opens up exploration front in Japan . JOHANNESBURG (miningweekly.com) – High-flying Barrick Gold has established a gold exploration joint-venture front in Japan.

“Japan has opened up its mining and exploration legislation for the first t...

Mponeng transfer to Harmony expected soon – AngloGold . JOHANNESBURG (miningweekly.com) – The transfer of Mponeng gold mine to Harmony Gold is down to Department of Minerals Resources and Energy approval under legislation relating to mine transfer, says out...

Mine export values bounce back but volumes still need boosting – Minerals Council . JOHANNESBURG (miningweekly.com) – South Africa’s mine export values have bounced back encouragingly but volumes still need boosting.

June’s export value was 13% up on May.

“Exports in value terms a...

Ferrochrome business remains solid, world still requires large amount of it – Glasenberg . JOHANNESBURG (miningweekly.com) – The ferrochrome business remains solid and there is still a large amount of ferrochrome required in the world.

Unfortunately, most of the production occurs in ferroc...

Idled Mutanda, Covid-19 to drive 25% drop in DRC's cobalt production . Cobalt production in the Democratic Republic of Congo (DRC), which is the world's biggest producer of the metal, is expected to decline by 25% this year, says financial risk management, solutions and i...

Orion Minerals raises cash for Prieska . PERTH (miningweekly.com) – Base metals developer Orion Minerals has raised A$6.2-million in a strongly supported share placement to advance its Prieska copper/zinc project, in South Africa.

The compa...

High-flying AngloGold posts colossal free cash surge as it weathers Covid disruption . JOHANNESBURG (miningweekly.com) – Gold mining company AngloGold Ashanti on Friday posted a colossal surge in half-year free cash flow generation, most of it coming in the three months to June 30.

Fre...

Minerals council says new exploration strategy could help mining recover from Covid-19 hit . Minerals Council South Africa is calling for the urgent development of a comprehensive and competitive greenfield exploration strategy, arguing that a far higher level of exploration is required to hel...

Glencore holds back on dividend, accelerates net debt reduction . JOHANNESBURG (miningweekly.com) – Notwithstanding its cash-generative business and secure liquidity positions, the board of Glencore has concluded that it would be inappropriate to make a distribution ...