MiningWeekly.com Audio Articles

RBPlat lifts production, milled tonnes in September quarter . Royal Bafokeng Platinum (RBPlat) on Wednesday reported that the total tonnes delivered to concentrators for the three-month period ended September 30, had increased by 9.2% year-on-year to just over on...

RBPlat signs R2.1bn gold streaming deal with Triple Flag . JSE-listed Royal Bafokeng Platinum (RBPlat) subsidiary Royal Bafokeng Resources has reached an agreement to deliver a portion of its gold production to Canadian investment firm Triple Flag Mining Finan...

Petra pays South African, Tanzanian govts $23.1m in taxes, royalties . LSE-listed Petra Diamonds’ total payments to governments for the financial year ended June 30, amounted to $23.1-million.

This is lower than the $25.6-million paid to governments in the 2018 financia...

Zimbabwe unveils plan for $12bn in mineral revenue by 2023 . HARARE – Zimbabwe is targeting a fourfold increase in revenue from minerals by 2023 but an ambitious plan unveiled by Mines Minister Winston Chitando on Monday gave little detail on how the government ...

Anglo’s autonomous truck fleet at Quellaveco will not impact jobs . LIMA, Peru (miningweekly.com) – The planned introduction of an autonomous fleet at the Quellaveco copper mine in Peru will not impact jobs, Anglo American Peru CEO Tom McCulley told a visiting internat...

B2Gold approves $3m hybrid energy project for Mali mine . Canadian gold miner B2Gold has approved the $3-million implementation of an offgrid solar battery hybrid system at its Fekola mine, in Mali. Construction is set to start at the end of this year, with completion scheduled for August 2020.

PFS proves Langer Heinrich restart viable . A prefeasibility study into the restart of the Langer Heinrich uranium project, in Namibia, has confirmed that $80-million in capital will be required to support a 5.2-million pound a year operation.

ASX-listed Paladin Energy on Monday said that there was an opportunity to increase production to 6.5-million pounds a year through additional high return, discretionary capital spend of $30-million, further enhancing access to offtake and financing.

Guinea's Nimba iron-ore project gets green light to export via Liberia . Guinea and Liberia signed a deal on Friday to allow several mines in Guinea, including the giant Nimba iron-ore project, to export through Liberia, officials from the West African countries said.

The logistics of transporting tonnes of raw materials to port from mining sites in remote parts of Guinea has been a major hurdle for prospective developers of the country's vast mineral wealth.

Eskom seeks urgent relief against regulator’s latest ruling to ‘avoid financial disaster’ . State-owned electricity utility Eskom will apply for urgent interim relief against the National Energy Regulator of South Africa’s (Nersa’s) most recent tariff determination, which it is taking on legal review, arguing that such relief is required to “avoid financial disaster”. The legal action follows the publication of Nersa’s long-awaited reasons for decision relating to the fourth multiyear price determination (MYPD4), covering the three years from 2019/20 to 2021/22, as well as the Regulatory Clearing Account (RCA) balance for the 2018 financial year.

Omnia seeks to reset course as it emerges from financial distress . JSE-listed Omnia, best known for the production of fertilisers, explosives and specialty chemicals, expects a strategic review of the business to be completed during the first quarter of 2020. The outcome of the review could result in the sale of certain product lines or units, as well as the company’s withdrawal from some territories – Omnia currently operates in 48 countries.