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Stellar Diamonds moves into production

Trial mining production at Stellar Diamonds’ (AIM: STEL) Baoulé Kimberlite pipe project in Guinea is proving to be less trial and more production if the latest results are anything to go by. Operations only commenced earlier this month but already...

Amara Mining receives price target cut

Amara Mining (LON:AMA) had its price target reduced by Canaccord Genuity from GBX 33 ($0.53) to GBX 28 ($0.45) in a research note issued to investors on Friday. The firm currently has a buy rating on the stock. Canaccord Genuity has also taken...

Sundance Resources 2014 annual report

Sundance Resources Ltd is an Australian-based international iron ore company listed on the Australian Securities Exchange (ASX Code ‘SDL’) that is focussed on developing the Mbalam-Nabeba Iron Ore Project (‘the Project’) in the Republic of Congo....

Zimbabwe’s Mwana Africa on growth path

Mwana Africa’s Zimbabwean operations’ Freda Rebecca and Trojan Nickel mines reported 23% and 5% production growth respectively in the quarter ended 30 September due to an increase in running hours and throughput rate, the company has said....

Upward trend in gold production continues

DRDGOLD (DRDGOLD; JSE, NYSE: DRD) has announced an 8% increase in gold production to 37 005 oz for the quarter ended 30 September 2014. CEO Niël Pretorius notes: “The carbon adsorption inefficiencies and throughput issues that plagued the initial...