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Category: Africa

B2Gold’s (TSX: BTO NSX: B2G) stock was up over 2% Wednesday afternoon after reporting strong results on both its gold production and gold sales for the first quarter of 2019. Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above target. Gold production from B2Gold’s Fekola, Masbate, Otjikoto and El Limon mines all exceeded their targeted …

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A digital map detailing more than 120 lead battery-powered energy storage projects has been unveiled by the Consortium for Battery Innovation (CBI). The map, published online for the Energy Storage Association’s annual conference in Phoenix, Arizona on Tuesday includes case studies demonstrating successful lead battery energy storage installations from the US to Asia and Europe. …

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Australia’s Lucapa Diamond (ASX:LOM) said Thursday it had signed funding and refinancing arrangements that will allow it to reduce debt related to developing its recently commissioned Mothae mine in Lesotho, South Africa. The diamond producer has inked deals with New Azilian and Equigold, following the delivery and de-risking of Mothae, which began commercial production in December. “These new refinancing …

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Investing in technology that drives efficiency and productivity is key for mining companies and suppliers alike to remain relevant in a rapidly-changing mining industry. This was the message delivered by industry-leading software solutions vendor MICROMINE at the Investing in African Mining Indaba from 4 to 7 February at the Cape Town International Convention Centre. Celebrating …

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Now in its 4th edition, the country’s leading mining, industrial and power generation expo returns in September together with the recently launched A-OSH Expo Botswana. Taking place at the Gaborone Fairgrounds from 10-12 September, this will be an all-encompassing event showcasing the latest technologies, machinery, products and solutions related to mining, industrial and power generation, …

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Sibanye-Stillwater has advised that it will enter into consultation with relevant stakeholders in terms of Section 189A (Section 189A) of the Labour Relations Act, 66 of 1995 (LRA), regarding the possible restructuring of its gold operations and associated services, pursuant to ongoing financial losses experienced at the Beatrix 1 and Driefontein 2,6,7,8 shafts during 2018. …

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