Springlake acquisition expands Menar’s anthracite footprint
Coal producer, Menar, hopes to strengthen its participation in the anthracite market by adding the KwaZulu-Natal-based Springlake Colliery to its portfolio.
Coal producer, Menar, hopes to strengthen its participation in the anthracite market by adding the KwaZulu-Natal-based Springlake Colliery to its portfolio.
TSX-listed Ivanhoe Mines Executive Co Chairman Robert Friedland and CEO Marna Cloete have announced that mining crews have driven underground development into the high grade platinum, palladium, rhodium, nickel, gold, and copper orebody for the first time, as the mine rapidly advances to commercial production later this year.
JSE-listed DRDGOLD has reported on its operating performance for the quarter ended 31 March 2025 (Q3 FY2025), noting that revenue for the quarter increased by 4% due to a 10% increase in the average gold price to R1 685 760/kg.
Gold miner, Barrick Mining Corporation reported a solid start to the financial year, making significant headway on its long-term strategy and advancing its global portfolio of Tier One gold and copper assets.
American gold mining company, Newmont Corporation, has announced that Natascha Viljoen, Executive Vice President and Chief Operating Officer, has been promoted to President and Chief Operating Officer of the company. Viljoen will continue to report directly to Chief Executive Officer Tom Palmer.
TSX-listed Ivanhoe Mines Executive Co-Chairman Robert Friedland and Chief Executive Officer Marna Cloete have announced that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a monthly combined production record of 50,176 tonnes of copper in concentrate during the 30 days of April. The concentrators milled 1.35 million tonnes of ore at an average feed grade of 4.19% copper during the month.