BHP bombshell puts South African mining in a hole

Syrah's largest shareholder AustralianSuper will fund the projects.

Six mining companies closed down in 2022, while one more ceased activity last year.

The new zone will help Galiano convert inferred resources below the pit shell to the indicated category and evaluate the potential to expand the pit.

The second-biggest gold miner this month poured its first gold in Papua New Guinea in nearly four years.

Ousmane Sonko launched its presidential campaign platform with promises to renegotiate mining and energy contracts.

The miner's headline earnings declined to $158.5 million in the six months to December 2023.

Perseus and Silvercorp are vying for OreCorp’s Nyanzaga gold project in Tanzania, slated to produce 242,000 oz./year over its first decade.

Its exclusive prospecting licence for the Namibplaas uranium deposit has been renewed for two years.

Dundee acquired the smelter in 2010 to secure a processing plant for the complex concentrate from the company’s Chelopech mine in Bulgaria.