WGC opens consultations on draft Responsible Gold Mining Principles. Gold industry market development organisation, the World Gold Council, on Tuesday launched the exposure draft of its Responsible Gold Mining Principles, which establish a new framework with clear expec...

Corruption Watch calls for enquiry into misadministration of mining royalties. JOHANNESBURG (miningweekly.com) – Civil society organisation Corruption Watch (CW) has recommended that a commission of enquiry be established to determine the scope and degree of alleged misadministra...

Master Drilling’s full year performance underpinned by Americas, Europe success. JOHANNESBURG (miningweekly.com) – JSE-listed Master Drilling expanded its operations to Canada, Turkey, Ghana and Italy and saw growth in Brazil and Mexico during the financial year ended December 31, ...

Gemfields confirms $60m full-year loss. JSE-listed Gemfields on Monday confirmed that it had posted a $60.4-million net loss for the year ended December 31, 2018, compared with a $45.1-million profit in 2017. As set out in a trading state...

Gemfields mulls London listing, looks back on challenging 2018. JOHANNESBURG (miningweekly.com) – JSE-listed Gemfields is considering an additional listing on the LSE during this year, without an associated capital raise, in an effort to address the lack of broker ...

90 000 gold and platinum jobs at risk as Eskom hikes loom. The Minerals Council South Africa is ringing alarm bells over the threat posed to employment and production in the gold and platinum sectors as a result of recently approved electricity tariff increase...

Palladium rally is seen fading this year. LONDON – Palladium has been one of the hottest commodities for a while now, but analysts think this year may be the time to book profits. Prices have rallied to fresh records on tighter supplies of ...

Jubilee set to acquire Sable Zinc refinery. Dual-listed Jubilee Metals on Friday announced that it has executed a share purchase agreement for the acquisition of the Sable Zinc refinery in Kabwe, Zambia. The refinery is situated immediately a...

New signs of hope for junior miners, says Minerals Council’s Chabana. JOHANNESBURG (miningweekly.com) – Despite the sector having been relatively unorganised and with junior mining companies rarely given an opportunity to influence national mining policy, Minerals Counci...

Blanket mine delivers robust 2018 performance despite challenges. Caledonia Mining’s Blanket gold mine, in Zimbabwe, delivered a “robust” performance for the fourth quarter and the year ended December 31, 2018, despite the well-known challenges of operating in Zimbab...