Transnet Freight Rail (TFR) has set a new record for coal railed to the Richards Bay Coal Terminal (RBCT), with 7.46-million tons transported to the export terminal in August. This compares with the previous record of 6.9-million tons.

An Anglo American Platinum (Amplats) employee has died from his injuries after suffering chemical burns in an accident at the company’s Precious Metals Refinery (PMR) in Rustenburg. Amplats said the incident occurred on August 21 but the employee succumbed to his injuries on Tuesday this week.

The Queensland government has introduced new legislation to impose penalties on mine operators that fail to keep workers safe.

Natural Resources and Mines Minister Dr Anthony Lynham said on Thursday that the Mines Legislation (Resources Safety) Amendment Bill, introduced to Parliament, would further deliver on the government’s commitment to continuously improve mine safety and health.

The National Economic Development and Labour Council (Nedlac) on Thursday rebuffed claims that it was biased when issuing Section 77 certificates to applying trade unions.  Section 77 certificates protect workers who take part in socioeconomic protests.

Mining major Rio Tinto has increased the coal reserve estimate at its Kestrel underground mine, in Queensland, by 62-million tonnes.

The project was now estimated to host 185-million tonnes of coal reserves, up from the 123-million tonne estimated in 2016.

A tiered royalty rate will be introduced to the Western Australian gold sector from January 1 next year, Treasurer Ben Wyatt announced on Thursday.

To assist the government in repairing the state’s finances, a tiered royalty rate will be introduced, determined by the Australian dollar price of gold.

China agreed on Wednesday to loan Guinea $20-billion over almost 20 years in exchange for concessions on bauxite, an ore of aluminium which the West African country has in abundance, the mines minister said. The projects guaranteed by the loan included China Power Investment Corp’s (CPI) planned alumina refinery and Aluminium Corp of China’s (Chalco) bauxite mine and another bauxite project by China Henan International Cooperation Group, all of them in the northwestern town of Boffa.

A Red Centre mine, tapping into the world’s largest alluvial deposit of garnet, goes into administration, with six jobs lost.

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (NYSE:HL) a dévoilé aujourd’hui ses résultats financiers et d’exploitation du deuxième trimestre 2017. POINTS SAILLANTS (en comparaison au deuxième trimestre 2016) L’usine de San Sebastian est à nous jusqu’en 2020. Recul de 43 % des dépenses en capital qui s’établissent à 24,3 millions de dollars. Solide amélioration des dépenses en traitement et affinage du plomb, du zinc et des concentrés en vrac en 2017. Perte nette applicable aux a

The value of Canadian miner Centerra Gold’s TSX-listed stock rose as much as 10% on Wednesday, following Kyrgyz media reports on terms of a proposed settlement of long-standing disputes between the company and the Kyrgyzstan government.
Kyrgyz media reported on government statements made to a Parliamentary committee, which included terms of a proposed settlement between the parties.

Project developer New Gold expects to start processing ore at the now 90%-completed Rainy River project, in Ontario, within the next two weeks, the company announced on Wednesday.
In line with the revised plan, commercial production at the its $1-billion-plus project is expected to follow in November.

Canadian miner Teck Resources on Wednesday raised its forecast for sales volumes of its steelmaking coal in the third quarter, and also said it expects to realise an average price of around $158/t to $163/t.

Vancouver-based Teck said it now expects to sell between 7.2-million and 7.5-million tonnes of steelmaking coal in the third quarter due to strong demand, up from a previous forecast of at least seven-million tonnes.

US coal major Peabody Energy has notified lenders that it will repay a further $150-million of its senior secured term loan, bringing total debt repaid in the third quarter to $300-million.
The St Louis, Missouri-based miner also said it seeking amendments to accommodate a repricing of the company’s senior secured term loan, which after the prepayment will total $647.6-million.

Mining at the Stage 2 operation of the Teal gold mine, in Western Australia, has started, following a feasibility study. ASX-listed Intermin Resources said on Wednesday that the feasibility study had found that the project would deliver some 31 000 t of ore, at a grade of 3.1 g/t gold for 3 100 oz of gold over a five-month period.

CALGARY, Alberta–(BUSINESS WIRE)–Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) is pleased to report the results of a preliminary economic assessment (“PEA”) on the development of an underground operation below the mined out Fox open pit at the Ekati Diamond Mine (“Ekati mine”) in the Northwest Territories of Canada. The Fox kimberlite pipe is located in the Core Zone Joint Venture in which the Company has an 88.9% participating interest. Unless otherwise ind

CALGARY, Alberta–(BUSINESS WIRE)–Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) today reported its second quarter operational and financial results for the three and six months ending July 31, 2017. Unless otherwise indicated, all references to “second quarter,” “Q2 fiscal 2018” and “Q2 2018” refer to the three months ended July 31, 2017, and all references to “Q2 fiscal 2017” and “Q2 2017” refer to the three months ended July 31, 2016. All financial informat

Canada’s Kirkland Lake Gold has invested C$56-million through a private placement in fellow-listed Novo Resources. Kirkland Gold would acquire 14-million units in the Western Australian-focused Novo, at a price of C$4 each, with the units consisting of one common share and one share purchase warrant, that could be exercised at a price of C$6 each within the next 36 months.

ASX-listed gold miner Resolute Mining expects to make a final investment decision on its Bibiani gold mine, in Ghana, before the end of this year.

MD and CEO John Welborn told delegates at the 15th yearly Africa Downunder conference, in Perth, that the company was currently updating a feasibility study on the project along with additional drilling work.

TORONTO–(BUSINESS WIRE)–Americas Silver Corporation (TSX: USA) (NYSE “MKT”: USAS) (“Americas Silver” or the “Company”) is pleased to announce Darren Blasutti, President & CEO, will be participating at the following investor conferences: Rodman & Renshaw 19th Annual Global Investment Conference to be held in New York, New York, presenting on Tuesday September 12, 2017 at The Lotte New York Palace Hotel. The Precious Metals Summit Colorado to be held in Beaver Creek, Colorado, presentin

PITTSBURGH–(BUSINESS WIRE)–Alcoa Corporation (NYSE: AA) today announced that Executive Vice President and Chief Financial Officer William Oplinger will participate in a question and answer session at the Morgan Stanley 5th Annual Laguna Conference in Dana Point, Calif., on Wednesday, Sept. 13, starting at 11:45 a.m. PDT (2:45 p.m. EDT). The session will be streamed through a live audio webcast on the “Investors” section of Alcoa’s website at www.alcoa.com. After the conference, the archived w

DARIEN, Conn.–(BUSINESS WIRE)–Genesee & Wyoming to Present at Morgan Stanley 5th Annual Laguna Conference

ASX-listed Australian Mines has taken full ownership of the Sconi cobalt/nickel/scandium project, in Queensland, after striking a A$10-million cash and share deal with Metallica Minerals.

Australian Mines’ outright acquisition of the Sconi project negated an earlier earn-in agreement with Metallica, under which Australian Mines was earning a 75% interest in the project.

South African gold miner AngloGold Ashanti will increase its shareholding in ASX-listed Orinoco Gold by taking part in a capital raise.

Orinoco on Wednesday launched a fully underwritten one-for-two non-renounceable entitlement issue, prices at 2c each, to raise A$4.98-million.

The platinum market is expected to remain in fundamental balance, albeit with a small 15 000 oz deficit for this year, the World Platinum Investment Council’s (WPIC’s) latest ‘Platinum Quarterly’ report shows. The report, published on Wednesday, incorporates analysis of platinum supply and demand for the full year and the second quarter of 2017.

Western Australian Premier Mark McGowan has remained coy about the possibility of a hike in the gold royalty rate, ahead of this week’s state Budget. Speaking at the fifteenth annual Africa Downunder Conference, in Perth, McGowan noted that the state was faced with ‘significant financial challenges’ inherited from the previous government.

TORONTO–(BUSINESS WIRE)–Almonty Industries Inc. (TSX-V:AII) (“Almonty”) announces that two holders of convertible debentures holding an aggregate principal amount of AUD$500,000 (CAD$493,761.58) have exercised their rights under such convertible debentures to convert the principal thereof into common shares of Almonty (“Common Shares”) at a price per Common Share of CAD$0.55. The conversion will result in the issuance of an aggregate of 897,748 Common Shares. The conversion price represents a

LONDON–(BUSINESS WIRE)–#MetalsandMinerals–Technavio has announced the top seven leading vendors in their recent global bleaching clay market report from 2017-2021.

A small Vancouver-based start-up company has created a new environment-friendly chemical process with the potential to disruptively transform metal extraction in the mining and electronic waste (e-waste) sectors, akin to the application of cyanide to gold extraction that revolutionised the industry over a century ago.

“EnviroLeach Technologies is a company that recovers precious metals from ores, concentrates and e-waste using environmentally friendly technologies. We can literally change the mining industry today, as cyanide did a century ago,” founder and CEO Duane Nelson told Mining Weekly Online during a recent visit to its Burnaby-based pilot demonstration plant.

US coal major Peabody Energy struck a deal with the Lenton joint venture (JV), in which ASX-listed New Hope Corporation holds a 90% interest, to divest of the majority of its Burton mine, in Queensland, for $11-million.

The Lenton JV will assume the reclamation obligations associated with the assets being acquired by the Lenton JV, reducing Peabody’s asset retirement obligation by about $53-million, while also releasing an estimated $30-million of restricted cash.

Australian oil and gas major Woodside will continue to grow its portfolio of offshore petroleum assets across the African region, executive VP for global exploration, Phil Loader, said on Wednesday.

Speaking on the sidelines of the Africa Downunder conference, in Perth, Loader said that the company was steadily building its position in Africa, targeting areas that offered attractive commercial opportunities.

State-controlled Russian diamond miner Alrosa will not be able to resume production at its Mir mine next year, a deputy CEO of the firm said on Wednesday.

“We do not see production at the Mir mine in 2018,” Yuri Okoyemov told reporters.

Russian billionaire Viktor Vekselberg said on Wednesday he did not want to increase further his stake in Russia’s Rusal, one of the world’s top aluminium producers.

“No, we don’t want (to increase the stake),” he said when asked whether he planned to buy another almost 7% stake in Rusal.

The Arizona Department of Environmental Quality (ADEQ) has awarded triple-listed mineral exploration and development company Excelsior Mining an aquifer protection permit (APP) for its Gunnison copper project, in Cochise County, south-eastern Arizona. “Completing this permitting milestone, within our scheduled timeline, is a major achievement for the company,” noted Excelsior president and CEO Stephen Twyerould in a release published Tuesday.