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
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Precious Metals
Newmont 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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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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
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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
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Endeavour starts production at Sabodala-Massawa Biox Expansion
London – The BIOX Expansion achieved its first gold pour from the gravity circuit on 18 April 2024 and its
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Sibanye Stillwater SA PGM operations deliver solid performance
The SA PGM operations delivered another solid performance, increasing production and generating positive free cashflow for H1 2024. Lower production
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Barrick continues to unlock value embedded in its asset base
Colorado Springs – Barrick is projecting a 30% growth in the production of gold-equivalent ounces from its existing assets by
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Sibanye-Stillwater: Lower commodity prices drive declines in revenue
JOHANNESBURG – Sibanye-Stillwater has reported operating and financial results for the six months ended 30 June 2024. Neal Froneman, Chief
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Recommended acquisition of Centamin by Anglogold Ashanti
The Boards of AngloGold Ashanti and Centamin have announced that they have agreed the terms of a recommended acquisition of
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Newmont to divest from Havieron gold-copper project
DENVER – Newmont has announces, as part of its ongoing program to divest non-core assets, it agreed to sell the
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Stibnite gold project in the US gets key permit
Perpetua Resources has announced that United States Forest Service has completed the Final Environmental Impact Statement and is issuing a
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African Rainbow Minerals earnings decrease due to low PGM price
In its Condensed Reviewed Results for the Financial Year Ended 30 June 2024, African Rainbow Minerals has released the following
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Wesizwe releases an update relating to its operations
Johannesburg – During the hot commissioning of the concentrator plant, certain defects were identified in the plant which required rectification.
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