The South African gold miner posted a 43% drop in annual earnings, or a 4.47 billion South African rand loss (about $309 million) and saw fatalities at its operations climb to thirteen, from 5 in 2017.
The Browns Range heavy rare earths pilot plant was officially opened late last month and will make Northern Minerals the only significant dysprosium and terbium heavy rare earth producer outside of China.
Miner will include Sarine’s mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis.
Wood Mackenzie predicts that, in the short term, demand for coal will fall due to its higher prices. In the longer term, the new tariffs will slow Turkish economic growth and with that, further weaken the demand for coal.
