The company continually improves the effectiveness of the quality management system in line with ISO 9001 standards. All our subsidiaries adhere to Quality Management System manuals which contain activities and standards to be followed on all contracts as well as internal departments and to comply with the minimum requirements of ISO 9001. Continual improvement is one of the cornerstones of our business and is being communicated on a regular basis, throughout the organisation. All employees are made aware of the quality standards and its objectives and are committed to its implementation.
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Carson Block, who made his name betting against companies, is gathering money for a fund that will bet on rising metals and mining stocks.
The Muddy Waters Resources Fund filed a private placement notice Tuesday with the US Securities and Exchange Commission, indicating the vehicle initially brought in about $1.5-million this month.
London-listed Gemfields Group recorded total auction revenues of $68.7-million from the June auction of mixed-quality rough rubies recovered from the Montepuez ruby mine, in Mozambique. The group reports that 94 of the 97 lots, comprising 217 044 ct, offered for sale in the June auction were sold (97%).
Anglo American’s copper output at its Los Bronces mine in Chile is expected to fall nearly a third from average historical levels next year as the miner pauses a processing plant for maintenance, the company’s Chile head said on Tuesday.
Anglo American previously said it would suspend the plant, which is the smaller and older of two at the site, in mid-2024, but had not disclosed the estimated hit on production.
ASX-listed Sierra Rutile has suspended operations at a part of Area 1, Sierra Leone, to conduct a review into the death of a worker on site on Monday.
Expressing the company’s condolences, MD and CEO Theuns de Bruyn said that it was a sad day for Sierra Rutile and its people.
JCHX Mining is close to concluding a deal to buy Zambia’s Lubambe Copper Mine, two sources told Reuters, in the latest in a string of copper deals by Chinese companies intent on growing their control of the African copper mining industry. The Shanghai-listed mining services and contracting firm’s deal to buy an 80% stake in Lubambe mine held by EMR Capital is now nearing completion, the sources said.
S&P Global Ratings does not expect any significant policy shift as a result of South Africa’s government of national unity (GNU) formed following the May 29 elections when the African National Council (ANC) failed to secure an overall majority for the first time since 1994. The ANC’s GNU proposal was opened to all parties and a Statement of Intent outlining principles and basic minimum programme of priorities has been signed by the Democratic Alliance, the Inkatha Freedom Party, and the Patriotic Alliance, with others parties also expected to join.
Botswana’s Debswana Diamond Company on Tuesday reported a fatality at its Jwaneng mine following an accident involving a crane and drill rig.
The incident, which took place on Monday, involved an employee of one of Debswana’s contracting companies, it said in a statement. Investigations into the incident are ongoing, Debswana added.
ASX-listed Sierra Rutile has suspended operations at a part of Area 1, Sierra Leone, to conduct a review into the death of a worker on site on Monday.
Expressing the company’s condolences, MD and CEO Theuns de Bruyn said that it was a sad day for Sierra Rutile and its people.
More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months. This data, released by the World Gold Council, reflects the highest confidence level recorded since the survey began in 2019.
Despite high gold prices and two successive years of record central bank purchasing, nearly 30% of central banks plan to add to their own gold reserves within the next year. This trend highlights a persistent favourable view of gold among reserve managers, who see the precious metals as a hedge against political and economic uncertainty.
UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This agreement marks the conclusion of a due diligence process.
Cluff Africa plans to launch a reverse circulation drilling programme immediately following the final agreement with Mutapa, aiming to define an inferred resource.