Torex reports lower gold production in second quarter
Torex Gold has reported Q2 2023 gold production of 107,507 ounces, down 13% compared to Q2 2022 (123,180 ounces). The
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Precious Metals
Stronger Q2 Puts Barrick On Track to Achieve 2023 Targets
Toronto – Barrick Gold Corporation has reported preliminary Q2 sales of 1.00 million ounces of gold and 101 million pounds
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Tietto announces commercial production at its Abujar gold mine in Cote d’Ivoire
West Africa’s newest gold producer Tietto Minerals has announced that it has reached commercial production at its Abujar gold mine
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Endeavour sells its non-core Boungou and Wahgnion mines
London – Endeavour Mining has announced that it has today closed the sale of its 90% interests in its Boungou
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Australian gold miner Regis reports record annual production of 458,354 ounces
Regis Resources, fourth largest Australian gold producer on the ASX, has reported record annual production of 458,354 ounces for the
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Successful exploration continues to extend Tongon’s life of mine
Tongon gold mine, Côte d’Ivoire – Originally scheduled for closure in 2020, the life of Barrick’s Tongon gold mine continues
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Hydrogen fuel cell vehicles improve sustainability of passenger transport
In a fuel cell electric vehicle (FCEV) electrical power is produced by converting chemical energy to electrical energy using a
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Kibali set to roll out new 10-year plan on back of production ramp-up
Kibali is securing its status as one of Barrick’s elite portfolio of Tier One mines — those capable of producing
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BARRICK GOLD: Successful partnership will keep gold shining for Mali
Loulo-Gounkoto, Mali – The 26-year-long partnership between Barrick (previously Randgold) and the state of Mali has built the country’s gold
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Polymetal to re-domiciliate from Jersey to Kazakhstan
Russia’s Polymetal, a senior global silver and gold producer, has said that the company will not meet the scheduled timetable
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Harmony to meet annual guidance for FY 2023 with strong production performance
Johannesburg – Peter Steenkamp, chief executive officer of Harmony Gold Mining Company, has reflects on the Company’s past financial year,
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AngloGold Ashanti, Inflection to explore copper-gold projects in Australia
Inflection Resources has announced today that it has signed a definitive farm-in agreement with major gold producer AngloGold Ashanti that
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Hummingbird pours first gold at its Kouroussa mine in Guinea
Africa-focused gold producer Hummingbird Resources has announced first gold pour at the Kouroussa gold mine in Guinea on 08 June
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Pan African reports on Mintails construction commencement
Pan African expects the group production for the current financial year to be approximately 175,000oz. Mintails project progress and funding
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Pan African Resources announces new group production guidance
Pan African Resources has announced its production guidance for the current financial year reduced to approximately 175,000oz (previously 195,000oz to
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Pan African Resources updates on Royal Sheba Project
Mine layout optimisation and scheduling was finalised and requests for quotations were issued for the initial development and production activities.
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Bakubung Platinum Mine processing plant progress update
Hot commissioning of the Bakubung Platinum Mine (“BPM”) processing plant (“BPM Processing Plant”) was planned from 23 March 2023 to
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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
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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
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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
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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
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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
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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
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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%
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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
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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
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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
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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
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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
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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
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