MiningWeekly.com Audio Articles

Mali's new mining code shortens stability period to 10 years - ministry. BAMAKO - Under a new mining code, companies operating in Mali will be protected from fiscal changes for 10 years, down from the previous "stability period" of 30 years, a senior mines ministry official...

Gold gets driven toward $1600 as oldest haven shows its mettle. SINGAPORE - Gold took a stride toward $1600 an ounce as the US-China trade war worsened, hurting the outlook for global growth and boosting demand for the traditional haven as risk assets suffered. B...

Favourable prices, higher output lift Base Resources' full-year profits. ASX- and Aim-listed Base Resources achieved record earnings and net profit after tax (NPAT) for the financial year ended June 30, on the back of higher mineral sands production. In the reporting year,...

South African court rules in favour of Vedanta in dispute with Zambian State. Mumbai-listed diversified miner Vedanta Resources on Friday provided an update in its pursuit of international arbitration, amid a court matter between the miner and State-owned Zambian miner ZCCM, in ...

Delaware court rules in Sibanye's favour in Stillwater case. JSE- and NYSE-listed gold miner Sibanye-Stillwater on Friday said the Court of Chancery of the State of Delaware, in the US, had ruled in its favour in appraisal action brought by a minority shareholde...

Northam reports increased confidence on the back of solid full-year results. JOHANNESBURG (miningweekly.com) - JSE-listed platinum miner Northam Platinum achieved a 226.7% year-on-year increase in normalised headline earnings of 1.4-billion rand for the financial year ended June 30...

Climate risk lifting insurance premiums for coal mining company Exxaro. JOHANNESBURG (miningweekly.com) - Johannesburg Stock Exchange-listed coal-mining and energy company Exxaro Resources said on Thursday that it was experiencing higher insurance premiums in the renewal o...

Investors hoard most gold in ETFs in six years. Gold's faring extremely well as a haven asset, with inflows into exchange-traded funds (ETFs) hitting 1000 t since holdings bottomed in early 2016 after a prolonged unwind in the wake of the global fi...

South32 settles on buyer for SA assets, reports impairment. PERTH (miningweekly.com) - Diversified miner South32 on Thursday reported a pre-tax impairment charge of $504-million over its South African Energy Coal assets for the year ended June, announcing that ...

Seriti Resources said to win bid for South32 coal assets. JOHANNESBURG - Seriti Resources, a South African mining company, won a bid to acquire South32's thermal-coal assets in the country, according to two people familiar with the process. Final offers were...