Gold Fields delivered production and AISC in line with revised 2024 guidance
Gold Fields has advised that the Company has delivered Group production, all-in-costs (AIC) and all-in-sustaining costs (AISC) in line with
Read more
Precious Metals
Endeavour Q4-2024 production increased by 92koz, 34% over Q3-2024
Endeavour reports that Q4-2024 production increased by 92koz or 34% over Q3-2024, to 363koz following increased production at all mines.
Read more
Pan African Resources reports decrease in gold sold of 18%
Pan African advises in its trading statement for the six months ended 31 December 2024 that its earnings are increased
Read more
Barrick grows gold and copper reserves significantly as it positions for growth
TORONTO – Barrick Gold Corporation grew attributable proven and probable gold mineral reserves by 17.4 million ounces (23%) before 2024
Read more
Kibali gold mine ends 2024 with strong performance
Kinshasa, Democratic Republic of Congo – Barrick’s Kibali gold mine achieved an improved performance in the last quarter of the
Read more
Gold ended 2024 with a 26% gain, will it be repeated in 2025?
Although gold ended 2024 with a 26% gain, many analysts note that investors are paying less attention to the higher opportunity
Read more
Lumwana Mine fuels Zambia’s growth with major expansion on the horizon
Lumwana Mine, Zambia – Barrick Gold Corporation has reaffirmed its commitment to Zambia’s economic growth, contributing over $3.7 billion since
Read more
Barrick Provides still restricted from shipping gold from Mali
Toronto – Barrick Gold Corporation has confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex
Read more
First Majestic increase fourth-quarter production by 4% in
One of the world’s top silver producers ended the year on a high note, with First Majestic Silver Corp reporting
Read more
Barrick’s inability to ship gold affects operations and the local economy
Toronto – Barrick Gold Corporation remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an
Read moreNewmont to divest Ghana’s Akyem mine for up to $1 Billion
DENVER – Newmont has announced it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group
Read more
Sibanye-Stillwater secures US$500m streaming agreement with Franco-Nevada
Johannesburg: Sibanye-Stillwater has announced that it entered into a US$500 million streaming agreement with Franco-Nevada (Barbados) Corporation, a wholly-owned subsidiary
Read more
Endeavour Silver provides Pitarrilla Project update
VANCOUVER, British Columbia – Endeavour Silver Corp. is pleased to report an update on the 2024 exploration and evaluation initiatives
Read more
Australian gold production drops slightly in Q3 due to lower-grade ore
Despite record-high gold prices, miners experienced lower production between July and September, according to Melbourne-based consultants Surbiton Associates. In their
Read moreNewmont announces agreement for sale of Éléonore for $795 Million
DENVER – Newmont has announced that it agreed to sell its Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd
Read more
Newmont announces sale of Musselwhite for up to $850 Million
DENVER – Newmont has announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla
Read more
Gold Fields reports attributable production 12% higher at 510koz (QoQ)
JOHANNESBURG – Gold Fields in its Operational update for the quarter ended 30 September 2024 reports that Mike Fraser, CEO
Read more
Sibanye Stillwater reports on South African PGM operations
The SA PGM operations continued to perform consistently, with 4E PGM production in line with annual guidance and costs well
Read more
Sibanye Stillwater provides operating update on US PGM operations
The US PGM operations continued to deliver improved operating results at the upper end of expectations from the restructuring concluded
Read more
Sibanye Stillwater reports on South African gold operations
Gold production from the SA gold operations (excluding DRDGOLD) of 4,263kg (137,059oz) for Q3 2024 was 12% lower than for
Read more
Pan African acquires Tennant Consolidated Mining Group in Australia
All scrip acquisition of 92% of Tennant Consolidated Mining Group Pty Ltd (TCMG) by Pan African via a Share Acquisition
Read more
Newmont delivered 2.1 million gold equivalent ounces in Q3 2024
DENVER – Newmont Corporation has announced third quarter 2024 results: “In the third quarter, Newmont delivered 2.1 million gold equivalent
Read more
Barrick Reports production results with improvement at Pueblo Viejo
TORONTO — Barrick Gold Corporation has reported preliminary Q3 production of 943 thousand ounces of gold and 48 thousand tonnes
Read more
Africa’s largest gold mine probes significant new discoveries
Kinshasa, Democratic Republic of Congo – Very significant near-mine discoveries within trucking distance of the plant are poised to keep
Read more
Twiga leads extractive industry’s contribution to Tanzanian economy
Bulyanhulu Gold Mine, Tanzania – The Twiga partnership between Barrick Gold Corporation and the Tanzanian government is contributing 51% of
Read more
Pan African revenue up by 16.8%, supported by 4.9% increase in gold sales
Pan African Resources has delivered an outstanding set of operational and financial results for the 2024 financial year. Notably, revenue
Read more
Eastern Platinum commissions PGM processing plant at Crocodile River mine
VANCOUVER, British Columbia – Eastern Platinum has announced that it has been advancing the commissioning activities of its platinum group
Read more
Pan African Resources Group gold production increased by 6.2% to 186,039oz
Pan African Resources reports that its group gold production increased by 6.2% to 186,039oz (2023: 175,209oz), in line with guidance.
Read more
South Africa’s platinum output rose by 7% year-on-year
Refined mine supply experienced a 4% year-on-year increase to 1,540 koz, due to growth from South Africa, which offset declines
Read more
Endeavour makes first gold pour at Lafigué growth project
London – The Lafigué processing plant achieved its first gold pour on 28 June 2024 and commercial production was achieved
Read more