by Gordon Barratt | Feb 23, 2021 | News
Photo by Creamer Media The net profit of gold mining company Harmony Gold soared by 336% to R5.6-billion in the six months to the end of December. The Johannesburg- and New York-listed company, headed by CEO Peter Steenkamp, has added quality ounces to its portfolio,...
by Gordon Barratt | Feb 23, 2021 | News
Copper has reached its highest price on the London Metal Exchange since September 2011 after an 11th straight monthly gain. Prices peaked at US$9269.50 ($11,714) per metric tonne on Friday. It marks the first time copper has risen above US$9000 per metric tonne since...
by Gordon Barratt | Feb 23, 2021 | News
The International Mining and Resources Conference (IMARC) is set to transition to an in-person event at the Melbourne Showgrounds in Victoria after holding an online event in 2020. It will be the first time that IMARC is held at the Melbourne Showgrounds, allowing...
by Gordon Barratt | Feb 22, 2021 | News
Vladimir Potanin: “The accident shows that efforts are not enough.” Three workers died after a processing plant owned by Russian mining giant Norilsk Nickel in Arctic Siberia partially collapsed during maintenance, the company and officials said on...
by Gordon Barratt | Feb 22, 2021 | News
Operations at Anglo American’s Moranbah North coking coal mine in Queensland, Australia, is suspended on safety concerns following detection of a gas leakage, the company said in a statement Feb. 22. The suspension of operations was due to “a change in...
by Gordon Barratt | Feb 22, 2021 | News
About 14 % of households in the Ústecký region face problems paying their heating bills, according to research. While Czech coal mining regions supply heat and electricity to the whole country, local people are often unable to afford heating their own homes,...