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Chile copper mine Escondida says no early wage agreement reached
Published: 26 Apr 18
Chile's Escondida, the world's largest copper mine, said on Thursday that early contract talks with its workers' union ended without an agreement, setting the stage for legally scheduled negotiations to begin in June. The union representing workers at the mine, which is controlled by BHP told Reuters this week that it was "highly probable" that an agreement for a new contract would not be reached in the preliminary talks.
Weatherly’s shares fall as it appoints more financial advisers to review possible sale
Published: 26 Apr 18
Aim-listed copper miner Weatherly International’s share price on the LSE fell by nearly 70% on Thursday after it announced the appointment of additional financial advisers to review strategic alternatives for the company, including its potential sale.
PTM completes Maseve mine sale
Published: 26 Apr 18
Platinum Group Metals (PTM) has concluded the sale of its equity in Maseve Investments, the holding company of the Maseve mine, to Royal Bafokeng Platinum (RBPlat).  The aggregate consideration for the sale comprised 4.871-million RBPlat common shares, which have been delivered, and the agreement to the release of an environmental bond posted by the company, currently worth about $4.7-million, following RBPlat’s replacement of the environmental bond for Maseve. 
New association aims to raise level of debate on energy economics in South Africa New association aims to raise level of debate on energy economics in South Africa
Published: 26 Apr 18
A new independent professional organisation was launched in Pretoria on Thursday with the aim of raising the level of research and debate on energy economics in South Africa, where policy and regulatory uncertainty remain a major constraint to investment. Named the South African Association for Energy Economics (SAAEE), the organisation is also the thirtieth affiliate of the International Association for Energy Economics (IAEE), an interdisciplinary forum for the exchange of ideas, experience and issues among professionals interested in energy economics.
Norilsk sees increase in all metals during Q1
Published: 26 Apr 18
Russian palladium and nickel mining company Norilsk Nickel, which also owns operations in Finland and South Africa, increased production of all key metals in the first quarter of the year. “The main phase of our downstream reconfiguration programme was completed last year and work-in-progress inventory levels got normalised. In addition, the company also actively processed copper concentrate purchased from Rostec. As a result, metal production from our own Russian feed increased in the first quarter by 8 to 22% year-on-year,” COO Sergey Dyachenko said in a statement on Thursday.
Bezant sells Colombia platinum/gold project
Published: 26 Apr 18
Aim-listed mineral exploration and development company Bezant Resources has entered into a legally binding agreement for the sale of its wholly-owned subsidiaries Ulloa Recursos Naturales to Auvert Mining Group.
Gem lifts Q1 production, sales
Published: 26 Apr 18
LSE-listed Gem Diamonds’ carat recoveries increased by 32% year-on-year to 33 526 ct for the three months ended March 31, compared with the 25 479 ct recovered in the first quarter of 2017. Carat recoveries also rose by 10% on the 30 560 ct recovered in the December 2017 quarter.
Lucara recovers 327 ct diamond from Karowe
Published: 26 Apr 18
Diamond producer Lucara Diamonds has recovered a 327 ct, top white gem diamond from its 100%-owned Karowe diamond mine, in Botswana.  Eight diamonds greater than 100 ct have now been recovered at Karowe since the beginning of the year, including a 472 ct diamond.
Implats reports 17% increase in tonnes milled in Q3, stock build-up remains Implats reports 17% increase in tonnes milled in Q3, stock build-up remains
Published: 26 Apr 18
A stronger mining performance at Impala Platinum’s (Implats’) Impala Rustenburg and Marula operations resulted in a 17% year-on-year improvement in tonnes milled to 4.59-million tonnes for the third quarter ended March 31.
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