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Aggressive South African union AMCU aims to increase pressure on Sibanye by launching new legal action against its platinum operations.
The Association of Mineworkers and Construction Union has given notice of the strike from Jan 22. AMCU members comprise the majority of employees at Sibanye’s Kroondal (56%) and Rustenburg (71%) operations.
The union has framed it as a secondary action to the gold strike that began Nov 21. Secondary strikes are...
Anglo Asian Mining has lifted Dec 2018 year (FY/CY18) gold equivalent production from its Gedabek gold-copper-silver operation in W Azerbaijan 17% on 2017 to 83,736oz AuEq, at the upper end of the company's 78,000oz-84,000oz AuEq forecast.
Gold production was up 22% to 72,798oz, silver to 210,184oz from 172,853oz, but copper eased to 1,645t from 1,991t. Gold bullion sales jumped to 59,481oz at an average $US1,265oz from 43,496oz at the...
South Afrian platinum miners Sibanye and Lonmin have agreed to extend the longstop date for their $US361M all-share takeover transaction by 4 months due to the legal challenge launched by the Association of Mineworkers and Construction Union.
The offer announced in Dec 2017 was conditional on the scheme becoming effective by Feb 28.
With AMCU’s appeal against the SA Competition Tribunal’s approval of the scheme still to...
Atalaya Mining has lifted Dec 2018 year (FY/CY18) copper production from its wholly-owned Proyecto Riotinto project in SW Spain to 42,114t, 13% up on 2017, exceeding increased guidance of 39,000t-41,000t.
And the company is expecting FY/CY19 copper output up to 45,000t-46,500t with the commissioning of the 15Mtpa plant expansion in mid-2019, which will increase production to 50,000t-55,000t in 2020.
The latest result included a...
Despite ramp-up interruptions caused by weather, recruitment and equipment shortages, West Australian miner Panoramic Resources is set to despatch the first concentrate shipment from its Savannah nickel-copper-cobalt mine in early Feb.
Panoramic completed refurbishing and recommissioning the underground mine and processing plant in WA’s East Kimberley in Dec, allowing production to start for the first time since it was shuttered due to...
Alamos Gold produced a record 505,000oz of gold in the Dec 2018 year (FY/CY18), up 18% on 2017, driven by strong performances from the Mulatos mine in Mexico and the Island Gold mine in Canada’s N Ontario, the latter setting a Q4 18 production record in its 1st full year of inclusion.
| RECORD FY18 GOLD PRODN FOR ALAMOS WITH MORE IN THE WINGS... |
Alamos Gold produced a record 505,000oz of gold in the Dec 2018 year (FY/CY18), up 18% on 2017, driven by strong performances from the Mulatos mine in Mexico and the Island Gold mine in Canada’s N Ontario, the latter setting a Q4 18 production record in its 1st full year of inclusion.
The result was on Young-Davidson’s production, also in N Ontario, falling to 180,000oz from 200,000oz, offset by Island Gold’s 105,800oz...
Australian-based Orion Minerals has made a strong start to 2019 at its Prieska zinc-copper project in South Africa, lifting its total mineral resource to 30.49Mt @ 3.7% Zn and 1.2% Cu.
MD-CEO Errol Smart says the total JORC resource of over 30Mt cements its position as a significant volcanogenic massive sulfide ore deposit and highlights its potential for a substantial, long-life mining operation.
Smart says Orion’s focus remains...
Americas gold-silver-copper miner Yamana Gold has lifted Dec 2018 year (FY/CY18) production of all metals at its 6 mines, except gold, taking gold equivalent output up to 1.04Moz from 2017’s 892,006oz.
Preliminary results show gold was the only loser, down to 940,600oz from 977,316oz, with silver well up to 8.02Moz from 5Moz and copper to 129Mlbs from 127Mlbs. Chapada, in Brazil, produced 121,000oz of gold, El Peñón (Chile...