First gold poured at Fortuna’s Séguéla mine in Côte d’Ivoire
Fortuna Silver Mines has announced that the first gold has been poured at the Séguéla mine in Côte d’Ivoire. The
Read more
Precious Metals
Johnson Matthey report 21% drop in profit due to inflation, low PGM prices
Johnson Matthey has reported sales of £4.2 billion (US$5.17 billion), representing a 6% increase in its preliminary results for the
Read more
Moab Khotsong & Mponeng high-grade underground delivered improvements
The South African high-grade gold operations, namely Moab Khotsong and Mponeng, delivered improvements in all operating metrics for this reporting
Read more
Harmony International gold mine operations increased by 27%
Production from the Hidden Valley mine increased by 27% to 2 934kg (94 330oz) in 9M FY23 from 2 306kg
Read more
SA gold Burnstone project suffers industrial action and skill shortage
The Burnstone project schedule was negatively impacted by the industrial action in 2022, combined with a shortage of skills and
Read more
Sibanye Stillwater keeps operating guidance for 2023 unchanged
Primarily as a result of the impact of the shaft incident at the Stillwater West mine, along with ongoing operational
Read more
Sibanye Stillwater SA PGM operations 4% lower than for Q1 2022
Total 4E PGM production of 403,699 4Eoz for Q1 2023 (including third party purchase of concentrate (PoC)) was only 4%
Read more
Harmony higher recovered grades drive strong performance from SA underground
Johannesburg, South Africa – Harmony Gold Mining Company Limited has report its operational performance for the nine months ended 31
Read more
Zimplats and Impala Canada delivered increases in ore milled
Zimplats delivered a 10% increase in milled throughput to 1.88 million tonnes. Volumes were negatively impacted by regional power outages
Read more
Impala Rustenburg improved grade by 4%, milling by 5%
According to Impala Rustenburg, tonnes milled during the quarter increased by 5% to 2.38 million tonnes, despite load curtailment, safety
Read more
Lumina Gold sells Cangrejos gold project to Wheaton for $300M
Wheaton Precious Metals has announced that its wholly-owned subsidiary has entered into a definitive precious metal purchase agreement with Lumina
Read more
Sibanye Stillwater gold production was 46% higher than for Q1 2022
The SA managed gold operations are benefitting from an appropriately structured, inflation linked wage agreement settled in 2022 which positions
Read more
Harmony surface operations declined by 6%, as planned
The South African surface operations consist of the Kalgold open pit mine, the tailings retreatment operations which include Mine Waste
Read more
Caledonia Mining reports loss due to lower gold production and high costs
Zimbabwe-focused gold producer Caledonia Mining has announced Q1 2023 gold production of 16,141 ounces from its Blanket and Bilboes mines,
Read more
PGM producer Tharisa expects 45-48% decline in HY basic earnings
Platinum group metals (PGM) producer Tharisa has announced that its basic earnings per share (EPS) for the six months ended
Read more
Eastern Platinum to invest in Zandfontein underground
Vancouver, British Columbia – Eastern Platinum has announced the completion of the previously announced rights offering to its shareholders. The
Read more
Structural damage Stillwater West costs 20k oz
During March 2023, the US PGM Stillwater West mine suffered structural damage to the shaft which accesses the deeper levels
Read more
IAMGOLD reports quarter earnings $25M from continuing operations
IAMGOLD has reported attributable gold production from continuing operations of 113,000 ounces in Q1 2023, a decline of 12% compared
Read more
DRDGOLD Operating update for the quarter ended 31 March 2023
Gold production increased by 4% from the previous quarter to 1,329kg primarily due to yield being 0.03g/t higher at 0.255g/t,
Read more
AngloGold Ashanti updates production for the March quarter 2023
Johannesburg – AngloGold Ashanti has reported a steady operational performance for the first quarter of 2023, in line with plans,
Read more
Newmont to Acquire Newcrest gold and copper production
DENVER – Newmont has agreed to acquire Newcrest by way of an Australian Scheme of Arrangement, under which Newmont will
Read more
Endeavour reports 301koz gold production in Q1-2023
ENDEAVOUR has reported that Q1-2023 production from continuing operations amounted to 301koz, a decrease of 54koz or 15% over Q4-2022
Read more
Hummingbird initiates commissioning of its Kouroussa gold mine
Hummingbird Resources announced today that the Kouroussa gold mine processing plant has reached the practical completion stage, and has entered
Read more
Implats 9-month production negatively impacted by loadshedding
Impala Platinum Group production in the nine month period was negatively impacted by the challenging operational environment, with a notable
Read more
Gold Fields partners with Osisko to develop Windfall gold project in Canada
Johannesburg – Gold Fields Limited has announced a partnership with Osisko Mining to develop and mine the world class underground
Read more
Implats reports on production for the Quarter ended 31 March 2023
Gross Group 6E production declined by 5% to 735 000 ounces. Tonnes milled at managed operations improved by 5% to
Read more
Newcrest extracts 510 koz of gold in last quarter, on track to achieve guidance
Newcrest, one of the world’s largest gold mining companies, yesterday reported gold production of 510 koz and copper production of
Read more
Jubilee Metals: Chrome remains robust with strong demand from China
Jubilee’s Inyoni Facility continued to deliver a strong performance in line with expectations. The Inyoni operations achieved 9 019 PGM
Read more
Sibanye Stillwater production resumes at the Stillwater West mine
Johannesburg – Sibanye-Stillwater is pleased to advise that it recommissioned the vertical shaft at its Stillwater West mine on 16
Read more
Barrick On Track to Achieve 2023 Targets
Toronto — Barrick Gold Corporation has reported preliminary Q1 sales of 0.95 million ounces of gold and 89 million pounds
Read more