Rand Refinery to continue operation after being exempted from Govt-ordered lockdown

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RAND Refinery would operate at reduced capacity during the national lockdown ordered by the South African government which is aimed at stemming the spread of COVID-19. “The refinery operation will be significantly scaled down, primarily processing residual surface materials from South African gold mines and mine doré received from Rand Refinery’s rest-of-Africa established gold mines,”… Read More

Endeavour Mining unveils all-share tilt for Semafo

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Sebastien de Montessus, president and CEO, Endeavour Mining ENDEAVOUR breathed fresh life into its expansion plans unveiling today a proposal for an all-share merger with Semafo, a Toronto-listed firm with operations in West Africa’s Burkina Faso. Endeabour’s ambitions for a combination with Centamin, a UK-listed firm that mines in Egypt, came to nought in January,… Read More

MC Mining expects to fully fund R518m Makhado coal project by end-June

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MC Mining had “significantly advanced options” for raising the bulk of some $20m required for its $32m Makhado coking and thermal coal project, the company’s acting CEO, Brenda Berlin said in the firm’s interim results conference call today. “We have progressed several options to close the [funding] gap,” said Berlin, adding that an issue of… Read More