MiningWeekly.com Audio Articles

Gold price exceeding $2 000/oz would not surprise me – Dushnisky . JOHANNESBURG (miningweekly.com) – There is every chance that the gold price could exceed $2 000/oz, said AngloGold CEO Kelvin Dushnisky on Monday.

Answering journalists’ questions during a virtual me...

Progress in sale of AngloGold’s South African assets to Harmony ­ . JOHANNESBURG (miningweekly.com) – The sale of the South African portfolio to Harmony Gold had made excellent progress, with unconditional competition approval received last week, AngloGold Ashanti CEO ...

B2Gold testing finds 10 positive Covid-19 cases at Mali mine . Proactive testing at gold miner B2Gold’s Fekola mine, in Mali, has identified ten positive Covid-19 cases, nine of which are asymptomatic.

The company is now considering conducting comprehensive on-s...

Weak diamond prices push Lucara to first-quarter loss . TSX-listed Lucara Diamond Corporation has posted a net loss of $3.2-million, or $0.01 a share, for the quarter ended March 31.

This compares with a net income of $7.4-million and earnings a share of ...

Lion ferrochrome smelter, Eastern Chrome mines restart – Merafe . JOHANNESBURG (miningweekly.com) – Operations at the Lion ferrochrome smelter and Eastern Chrome mines of the Glencore Merafe Chrome Venture have recommenced, but the Boshoek, Rustenburg, Wonderkop, Lyd...

DRDGold earnings up for quarter, R213m dividend paid . JOHANNESBURG (miningweekly.com) – Surface gold mining company DRDGold on Thursday reported an 18% quarter-on-quarter increase in adjusted earnings to R389.3-million for the three months to March 31.

Harmony Gold targeting Covid test facilities on own mine premises . JOHANNESBURG (miningweekly.com) – Gold mining company Harmony Gold is targeting the establishment of coronavirus testing facilities at its own premises to speed up the current two-day turnaround time. ...

Judgment reserved at Mining Charter review hearing . JOHANNESBURG (miningweekly.com) – A full bench has heard the application for a judicial review of certain aspects of the Mining Charter gazetted in September 2018.

Judge President Mlambo, judges Vall...

Harmony plans $200m equity raise as rand gold price nears all-time highs . JOHANNESBURG (miningweekly.com) – Gold mining company Harmony Gold intends raising $200-million equity capital to fund the first tranche payment of its acquisition of the remaining assets of AngloGold ...

Barrick trims 2020 guidance, pulls Porgera forecast . Gold major Barrick has withdrawn its full-year guidance for the Porgera mine after it placed the operation on care-and-maintenance late last month, amid a dispute with the Papua New Guinea government o...