Aug 05, 2021 Aug 05, 2021 Coal Is a Gold Mine for Producers After Blistering Rally Thermal-coal miner Glencore reported record first-half earnings and expects the fuel to be a
Aug 12, 2021 Aug 12, 2021 New Gold shares fell to a new 12-month low of C$1.50 on Thursday morning and last traded at C$1.60 early in the afternoon. The stock is down 43% in the year to date, and nearly 80% over the past
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Jul 20, 2012 Jul 20, 2012 A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South Africa’s gold output
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The Holt Mill is one of the most efficient gold mills in the region with a capacity of 3,000 tpd. The Holt Mill was constructed in 1988, originally designed for a throughput of 1,360 tpd. Expansions in 1988 and 2001 increased the throughput to 2,500 tpd and 3,000 tpd respectively. Surface ore storage totals 5,800 tonnes in four bins
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GC Newcastle coal futures traded around $230 per metric ton, the lowest in near three weeks and sitting almost 15% below its all-time high of $269.5 reached on October 5th, after China’s top economic planning agency said government intervention in coal prices was discussed at a meeting of key coal producers on Tuesday. The National Development and Reform Commission said it aims to ensure
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Papua New Guinea moves to launch new coal mining industry. Papua New Guinea moves to launch new coal mining industry by Catherine Wilson on 16 May 2017 Two years ago, the Papua New Guinea government alloed $3 million for research into the viability of coal . Deep Sea Mining and the Controversial Solwara 1 in Papua
Jul 20, 2012 Jul 20, 2012 A new method of underground gold mining, being tested by AngloGold Ashanti, is filling headlines in the country, as the method has the potential to reverse the decline in South Africa’s gold output
AISC of A$933/oz was pleasingly at the bottom end of the A$930 – A$980/oz guidance range. Full year net mine cash flow was A$235.6 million. Cowal declared an initial underground Ore Reserve of 804kozs and increased the GRE46 Mineral Resources to 2.9Mozs in July 2020
Oct 04, 2021 Oct 04, 2021 Prices continue to rise to new records, with Newcastle thermal prices up 4.6% on Friday (and 27.4% over the month) to US$228/t on Friday. Yancoal (ASX:YAL) is on a tear. After lifting by ~10% on Friday, the $4 billion capped coal exporter was up 44c or 14.67% to $3.44 this morning. Ground Breakers share price today:
The Holt Mine was built in the late 1980’s by Barrick. In 2019, the mine produced 113,952 ounces of gold, at an average grade of 4.4 g/t. The Holloway Mine was placed on care and maintenance in December 2016. Following the completion of a new royalty agreement, the mine resumed operating in early 2019. The Taylor Mine was commissioned in late
Jun 04, 2017 Jun 04, 2017 The Kidd mine is the world’s deepest base-metal mine below sea level, mining at 9,600 feet with shaft bottom at 9,889 feet. The mine and concentrator are currently operated by Glencore (LON:GLEN)
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