Glencore to acquire Newmont’s shareholding in the MARA Project
Glencore International AG (GIAG) and Newmont Corporation have announced they have reached an agreement in which Glencore will acquire Newmont’s
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Precious Metals
Sabina Gold & Silver to build $610-million Nunavut mine
Sabina Gold & Silver has announced today that its board formally approved building the Goose Mine at the company’s 100%
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ARM Platinum mines down due to negative mark-to- market adjustments
ARM Platinum headline earnings decreased by 34% to R3 066 million (F2021: R4 666 million). Modikwa Mine reported a 17%
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Marathon approves Valentine gold project with upped capex estimate
Marathon Gold has announced that its Board of Directors has made a formal decision to proceed to construction of the
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Impala Platinum profit down on low PGM prices and operational headwinds
A leading producer of platinum group metals (PGM), Impala Platinum has announced that for the year ended 30 June 2022
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Platinum Group Metals Centre launched in China
Shanghai’s Lin-Gang Special Area is the location for a new trade and technology centre dedicated to the growth of the
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Amplats rejects sub-standard materials received for its smelter rebuild
Anglo American Platinum announces that it has revised its 2022 refined production guidance, as our quality assurance processes have detected
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Northam Platinum: Continued progress of organic growth projects
Johannesburg – Total revenue per platinum ounce sold decreased by 11.3% to R73 828/Pt oz, from R83 277/Pt oz in
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Pan African will acquire Mogale Gold and MSC in the next month
In November 2020, Pan African Resources announced that the Company had entered into conditional sale of shares agreements to acquire
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Bokoni Mine to employ mechanised mining methods
The acquisition of Bokoni Platinum Mine was completed by African Rainbow Minerals on 12 August 2022. The purchase consideration of
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Harmony Gold shows R1bn net loss for the year ended 30 June 2022
Johannesburg – Harmony Gold Mining in its Results for the year ended 30 June 2022 says “The solid platform we
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Northam Platinum: Difficult operational environments at its mines
Notwithstanding the array of challenges faced during the year the year ended 30 June 2022, Northam Platinum operations collectively achieved
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SIBANYE STILLWATER: Outlook for the rest of 2022 is significantly improved
Sibanye-Stillwater’s performance for the six-months ended 30 June 2022 (H1 2022) reflects the deterioration in the global economic and political
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Harmony Gold: Higher production costs, higher impairment loss
Johannesburg – Harmony Gold Mining Company has advised that basic earnings for FY22 will be lower than for the year
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RBR: Extension of notice date for disposal of concentrate agreement
Royal Bafokeng Platinum, through its wholly-owned subsidiary, Royal Bafokeng Resources Proprietary Limited (“RBR”), is party to a Disposal of Concentrate
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Sibanye-Stillwater: earnings are expected to be 47% to 52% lower
Johannesburg: Sibanye-Stillwater in its trading statement and operating update for the six months ended 30 June 2022 advises that its
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NORTHAM PLATINUM: margin pressures and lower 4E metal prices
Johannesburg – As published on 20 September 2021, Northam Holdings was introduced as the new holding company for the group.
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DRDGOLD slightly exceeds production guidance for the year ended 30 June 2022
DRDGOLD’s production guidance for the Current Reporting Period was between 160 000 and 180 000 ounces of gold at a
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Eastern Platinum reports results for the second quarter of 2022
Vancouver, British Columbia – Eastern Platinum has reported that revenue for Q2 2022 increased to $20.5 million (Q2 2021 –
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Great Panther produces 20,187 gold equivalent ounces in second quarter
Great Panther Mining has announced that in Q2 2022, the company produced 20,187 gold equivalent ounces from its two operating
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Polymetal posts gold equivalent production declines 9% in Q2
Russia’s Polymetal, a senior global gold and silver producer, reported today that its quarterly gold equivalent production decreased by 9% year-on-year to
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Anglo American Platinum completes the sale of its interest in Bokoni Platinum
Anglo American Platinum announces that, together with its joint venture partner Atlatsa Resources Corporation (“Atlatsa”), it has completed all the
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Sibanye-Stillwater to reposition its US PGM operations
Johannesburg – The Sibanye-Stillwater Board has approved a new operational plan for the US PGM operations which repositions these operations
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Hummingbird produces 20koz of gold in Mali in Q2
Hummingbird Resources has announced that in Q2 2022, its gold production increased 29% to 20,013oz from Q1 2022, with improved
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Sustainability focus drives Barrick’s performance
TORONTO — A stronger Q2 performance across the portfolio has kept Barrick on course to achieve its annual gold and
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Nevada Gold Mines building new growth opportunities
Three years after establishing the joint venture that created the world’s largest gold mining complex, Nevada Gold Mines (“NGM”) is
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AngloGold Ashanti reports 3% higher production year-on-year
Johannesburg – AngloGold Ashanti reported a solid performance for the first half of 2022, with production 3% higher year-on-year, an
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IMPALA PLATINUM: Marula delivered a record performance
Implats navigated several operational challenges during the year ended 30 June 2022 period. Extended safety stoppages, intermittent industrial action and
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Rio Tinto completes sale of Cortez Gold Royalty for $525 million
LONDON – Rio Tinto has completed the sale of a royalty it holds on an area including the Cortez mine
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Newmont’s project pipeline supports stable production
Newmont’s project pipeline supports stable production with improving margins and mine life. Newmont’s 2022 and longer-term outlook includes current development
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