Marginal recovery in gold price expected this year – Metals Focus. Last year was challenging for the gold price, precious metals consultancy Metals Focus’ ‘Gold Focus 2019’ report, which was published on Monday, shows. Against the backdrop of a healthy US economy, ...

Platinum ETFs hit record high, palladium seen as over-bought – BMO. JOHANNESBURG (miningweekly.com) – Platinum-backed exchange traded fund (ETF) holdings increased for the ninth consecutive day yesterday reaching 2.96-million ounces, the highest level on record, the BM...

Under Mantashe, SA mining’s narrative changes to ‘something approaching positive’. Stability and policy and regulatory certainty, as well as the rebuilding of trust, have been the key themes in Mineral Resources Minister Gwede Mantashe’s first year in office. When, on February 27,...

Ivanhoe eyes DRC copper mine that will be larger than Grasberg and Oyu Tolgoi. Canada-headquartered Ivanhoe Mines is considering an expanded copper mining development in the Democratic Republic of Congo (DRC), which will rank the Kamoa-Kakula mine as the world’s second largest af...

ENRC sues UK fraud cops as corruption charges loom. LONDON – A Kazakh mining company sued the UK’s anti-fraud authority for $93-million – the amount it has racked up in legal costs – as the agency moves closer to a decision on whether to charge one of i...

The great diamond shortage that never was is likely coming soon. LONDON – For more than 15 years, the diamond industry has been telling the world about a looming shortage of gems. Instead, demand has been stubbornly underwhelming, and the miners have done a wonderfu...

Exxaro unveils new headquarters. JOHANNESBURG (miningweekly.com) – South Africa’s largest coal producer and black-empowered coal company Exxaro has unveiled its new ultra-modern headquarters. The conneXXion, in Centurion, has e-par...

Bushveld Energy commissions first VFRB project. Aim-listed Bushveld Minerals on Wednesday announced that its 84%-owned subsidiary Bushveld Energy had commissioned a vanadium redox flow battery (VRFB) project with Eskom, including site acceptance tes...

Exciting DRDGold expertise deserves international prominence – Froneman. JOHANNESBURG (miningweekly.com) – The exciting gold-from-tailings expertise of DRDGold, which had decades of experience in recovering precious metals profitably from mine dump material, deserves intern...

Minerals Council appeals some Mining Charter 3 provisions. The Minerals Council South Africa has filed an application for the judicial review and setting aside of certain clauses of Mining Charter 3, which was published in September. The decision follows af...