Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

22 hours ago · CANADIAN gold miner B2Gold said a preliminary economic assessment of the Antelope deposit near Otjikoto mine in Namibia supported development of an 65,000 ounce a year underground gold mine requiring pre-production capital of $129m.. The production target includes processing of low-grade stockpiles at Otjikoto with production from the Antelope deposit, located four kilometres from the original ...

1 day ago · MERAFE Resources has launched a review of its South African ferrochrome smelting business warning on Monday that furnaces could be mothballed by May unless solutions are found. A business review of its ferrochrome smelting business will assess “potential measures to address the ongoing market challenges”, said Merafe. Merafe has a …

GLENCORE on Thursday said thermal coal production in South Africa fell seven percent to 16.6 million tons in 2024 compared to 2023 in line...

6 days ago · ENDEAVOUR Mining announced a record dividend of 57 US cents per share or $140m following improved cash generation in the second half of its 2024 financial year. This takes the total dividend to 98c per share or a payout of $240m in total. Including $37m in additional share buybacks, total returns were $277m, the equivalent of $251/oz produced, the company said today in a fourth quarter and ...

Jan 3, 2025 · THE delisting of Hummingbird Resources moved a step forward on Friday after the gold miner’s main shareholder Nioko waived outstanding conditions on its takeover offer of 2.6777 pence per share in cash.. As a result, the offer will be unconditional once it is made. Offer documents are expected to be issued to shareholders by January 13. Another proposal to convert Hummingbird’s debt to ...

Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

Sep 10, 2024 · ANGLOGOLD Ashanti CEO Alberto Calderon said he was open to selling less profitable mines if the firm’s $2.5bn offer for Centamin announced today was approved. “In my view, you cannot shrink into greatness but [this deal] allows you to be focused on tier one assets and have another look at your tier two assets,” he said in response to a question during an analyst and investor conference call.

Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists.

Miningmx is a digital publication which provides independent news and analysis related to the African mining sector. The publication does not republish the content of other news vendors and focuses on producing best content through its network of independent journalists ...