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B2Gold 2nd quarter output stable

B2Gold’s Otjikoto mine near Otjiwarongo produced 36,172 ounces of gold in the second quarter of 2016, almost in line with budget forecast of 37,426 ounces and production in last year’s 2nd quarter of 36,963 ounces. The goldminer states in its latest production update that gold production was largely unaffected despite the …

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Another Langer Heinrich stake for sale

Paladin Energy is looking to sell another stake in its Langer Heinrich mine numerous publications have stated this week. Paladin is expected to sell 24% of its stake as well as 75% of its Australian operated Manyingee mine in the hopes of raising US$200 million catered towards expansion. The sale …

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Phosphate mining goes ahead

Namibia Marine Phosphate (NMP) announced this week that they have attained a mining license from the Ministry of Mines and Energy and will commence with their mining project “Sandpiper.” The project is estimated to yield 1.8 billion tonnes of phosphoric sand and carries an estimated N$5.2 billion in investment capital, …

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