Category: Mining

Pact will use some of the money to promote mercury-free mining in Mali.
Like-for-like figures down 7% from previous tender across most size categories.
Company garners $93 million from two sales in October and December.
Miner expects between $195 million and $225 million for upcoming year.
Output impacted by move to lower-grade ore at Letšeng mine.
Maaden International Investment Fund will take over Russia’s 41% stake in Catoca, as well as its interest in Leule.
Miner will deliver the batch, which includes gem-quality rough in various colors and sizes, by end of year.
Two-phase operation set to yield up to 314,000 carats and revenue of $159.8 million.
Higher-quality goods performed very well, while the miner held back other items.
CEO Al Cook holds first formal meeting with new president, Duma Boko.

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