License to operate still the top risk for miners – report

A worker died on Monday night while clearing a blocked ore pass at the company’s Driefontein gold operation in South Africa.

The miner has also scrapped its 2017 dividend after full-year core earnings fell by more than a third because of a ban on unprocessed mineral exports in Tanzania.

The largest diamond recovered in the first test run was 6.6 carats.

Even with rising gold prices and a strengthened balance sheet, the world’s largest gold producer left shareholders with the worst returns among its top North American peers last year.

Donskoi discussed the need for more active cooperation in the usage of PGMs.

Thor, which is already listed in Toronto's TSX Venture Exchange, will use the proceeds of the new listing mainly to fund its Segilola Gold Project.

The unit of Anglo American said reversal, net of tax and non-controlling interest, was 2.6 billion rand and would be included in its basic earnings.

The three-times delayed $5 million-deal should help the miner dodge bankruptcy for its units in the West African country.

Company has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4% this year.