by Gordon Barratt | Aug 9, 2021 | News
Gold and silver have attracted almost half of Australia’s exploration expenditure in the June quarter of 2021, according to a report from Austex. In its June quarter report, the independent analyst found more than $324 million was spent on exploring gold and silver...
by Gordon Barratt | Aug 6, 2021 | News
Despite an array of challenges experienced in the six months ended June 30, JSE-listed gold miner AngloGold Ashanti managed to lower its adjusted net debt by 41% year-on-year to $850-million, and declare an interim dividend of $0.06 apiece. The company did, however,...
by Gordon Barratt | Aug 6, 2021 | News
SANTIAGO – The union representing workers at Chile’s Escondida copper mine, the world’s largest, on Thursday instructed its members to prepare for a strike due to slow progress in contract talks being mediated by the government. More than 2 000 union...
by Gordon Barratt | Aug 6, 2021 | News
Dual-listed DRDGold subsidiary Ergo Mining has begun reclamation – at a R3.8-million set-up cost – of the 2.7-million-tonne 4L25 mine dump. The reclamation of this dump was integral to sustaining production at Ergo and would free up a considerable land patch, DRDGold...
by Gordon Barratt | Aug 6, 2021 | News
Aurizon has agreed to transport up to 500,000 tonnes of direct-shipment ore (DSO) per year for Macarthur Minerals, between Kalgoorlie and Kwinana in Western Australia. The rail haulage agreement will allow Macarthur to accelerate plans at its 54.5 million tonne...
by Gordon Barratt | Aug 5, 2021 | News
Diversified miner Anglo American has signed a memorandum of understanding (MoU) with German steel product manufacturer Salzgitter Flachstahl to collaborate on decarbonising of the steelmaking industry. The companies will conduct research into feed materials, including...
