Tanzania miner pockets $3.4m for two gemstones

A small-scale miner in Tanzania has become an overnight millionaire after unearthing two of the biggest rough tanzanite gemstones ever found. Tanzania’s government bought the book-sized stones weighing 20 pounds (9 kg) and 11 pounds (5 kg) from miner Saniniu Laizer for $3.4 million. Minerals Minister Doto Biteko said on state television Wednesday the government […]

ImageForArticle 13741 1587623709364

Evolution rakes in the cash despite drop in production

Evolution on Thursday announced that mine operating cash flows for the quarter ended March reached A$257.4-million, while free cash flows reached A$111.5-million. Gold production in the March quarter declined slightly from the 170 890 oz produced in the December quarter, to 165 502 oz, while silver production declined from 137 262 oz to 118 224 […]

iron ore mining Brazil scaled 1587359658118

The TEBA network will be instrumental in returning mines to function

TEBA, the century-old company that provides recruitment and other services to mineworkers, will draw on decades of experience to assist SA’s mining companies to gradually ramp up production as lockdown restrictions are eased. The gold and platinum sectors are working with TEBA to return 350,000 miners to the gold and platinum industry as the sector […]

Kalgoorlie open cast mine

First Major Cobalt refinery expansion study

The feasibility study for an expansion of the Glencore-backed First Cobalt refinery, in Ontario, Canada, is in the final stages and will be concluded in the coming weeks. Commenting on the current market developments, First Cobalt president and CEO Trent Mell said on Tuesday while the uncertainty owing to Covid-19 had put downward pressure on […]

2309 1 1 MINERS 6

Two feared dead as mine shaft collapses

Two artisanal miners are feared dead after a mine shaft they were working in collapsed on Tuesday morning in Shamva. The accident occurred at Lumbo18 Zuze Syndicate Mine. National Police Spokesperson Assistant Commissioner Paul Nyathi confirmed the accident in a statement. “Two men Serima Luckson and another one who is yet to be identified are […]

107574275 gettyimages 1027117076

DR Congo copper and cobalt miners killed in Kolwezi

At least 36 people have been killed after a copper and cobalt mine collapsed in Lualaba province in south-east DR Congo, authorities say. The provincial governor Richard Muyej blamed the accident on what he called “clandestine artisanal diggers”. Unofficial mining is common in the region and people do it as a means to make a […]