by Gordon Barratt | Feb 1, 2023 | News
Diamond miner De Beers sold $450-million of rough diamonds in the first of ten sales cycles this year. This compares with the $660-million of rough diamonds sold in the first sales cycle of 2022 and the $417-million of rough diamonds sold in the tenth sales cycle of...
by Gordon Barratt | Feb 1, 2023 | News
The Kamoa-Kakula copper project in the DRC Ivanhoe Mines intends to spend a combined $3.78-billion in capital expenditure (capex) on its Kamoa-Kakula copper project and Kipushi zinc/copper mine, in the Democratic Republic of Congo, as well as on its Platreef platinum...
by Gordon Barratt | Jan 31, 2023 | News
Over 30 years of Research and Development (R&D) coupled with significant cloud-based computing power have led to the creation of OREPro™ 3D Predict software, a near real-time blast movement simulator and grade control polygon optimiser – leveraging on the...
by Gordon Barratt | Jan 31, 2023 | News
Gold miner West African Resources has set a production guidance of between 210 000 oz and 230 000 oz for the 2023 financial year, with the company expected to spend some $27-million to grow its Sanbrado operations, in Burkina Faso. In the 2022, West African...
by Gordon Barratt | Jan 31, 2023 | News
The demand for metals and minerals that underpin economic progress is set to increase, with minerals underpinning most climate change efforts. This growing demand predominantly stems from building the new infrastructure required for the...
by Gordon Barratt | Jan 31, 2023 | News
High costs and the prospect of shrinking earnings have made big miners nervous about expansion, even as shareholders demand investment in response to robust commodity prices, China’s reopening and the role of minerals in decarbonising the economy. Although years...
