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Precious Metals

Precious Metals 

Gold Fields delivered production and AISC in line with revised 2024 guidance

February 12, 2025February 10, 2025 admin Gold producer

Gold Fields has advised that the Company has delivered Group production, all-in-costs (AIC) and all-in-sustaining costs (AISC) in line with

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News Precious Metals 

Endeavour Q4-2024 production increased by 92koz, 34% over Q3-2024

February 12, 2025February 10, 2025 admin Gold producer

Endeavour reports that Q4-2024 production increased by 92koz or 34% over Q3-2024, to 363koz following increased production at all mines.

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Precious Metals 

Pan African Resources reports decrease in gold sold of 18%

February 12, 2025February 12, 2025 admin Gold producer

Pan African advises in its trading statement for the six months ended 31 December 2024 that its earnings are increased

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News Precious Metals 

Barrick grows gold and copper reserves significantly as it positions for growth

February 10, 2025February 7, 2025 admin Copper, Gold

TORONTO – Barrick Gold Corporation grew attributable proven and probable gold mineral reserves by 17.4 million ounces (23%) before 2024

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Africa Precious Metals 

Kibali gold mine ends 2024 with strong performance

February 3, 2025January 31, 2025 admin Gold producer

Kinshasa, Democratic Republic of Congo – Barrick’s Kibali gold mine achieved an improved performance in the last quarter of the

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News Precious Metals 

Gold ended 2024 with a 26% gain, will it be repeated in 2025?

February 3, 2025January 31, 2025 admin Gold

Although gold ended 2024 with a 26% gain, many analysts note that investors are paying less attention to the higher opportunity

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Africa Precious Metals 

Lumwana Mine fuels Zambia’s growth with major expansion on the horizon

January 30, 2025January 29, 2025 admin Gold producer

Lumwana Mine, Zambia – Barrick Gold Corporation has reaffirmed its commitment to Zambia’s economic growth, contributing over $3.7 billion since

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Precious Metals 

Barrick Provides still restricted from shipping gold from Mali

January 17, 2025January 15, 2025 admin Gold producer

Toronto – Barrick Gold Corporation has confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex

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Precious Metals 

First Majestic increase fourth-quarter production by 4% in

January 15, 2025January 13, 2025 admin Silver

One of the world’s top silver producers ended the year on a high note, with First Majestic Silver Corp reporting

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Africa Precious Metals 

Barrick’s inability to ship gold affects operations and the local economy

January 10, 2025January 8, 2025 admin Gold producer

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

January 7, 2025January 3, 2025 admin Gold producer

DENVER – Newmont has announced it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group

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Precious Metals 

Sibanye-Stillwater secures US$500m streaming agreement with Franco-Nevada

January 3, 2025December 27, 2024 admin Sibanye Stillwater

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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Precious Metals 

Endeavour Silver provides Pitarrilla Project update

December 20, 2024December 17, 2024 admin Silver

VANCOUVER, British Columbia – Endeavour Silver Corp. is pleased to report an update on the 2024 exploration and evaluation initiatives

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Australia-Oceania Precious Metals 

Australian gold production drops slightly in Q3 due to lower-grade ore

December 19, 2024December 17, 2024 admin Gold

Despite record-high gold prices, miners experienced lower production between July and September, according to Melbourne-based consultants Surbiton Associates. In their

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News Precious Metals 

Newmont announces agreement for sale of Éléonore for $795 Million

December 6, 2024December 5, 2024 admin Newmont

DENVER – Newmont has announced that it agreed to sell its Éléonore operation in Northern Quebec, Canada, to Dhilmar Ltd

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Precious Metals 

Newmont announces sale of Musselwhite for up to $850 Million

November 22, 2024November 20, 2024 admin Gold producer

DENVER – Newmont has announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla

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Precious Metals 

Gold Fields reports attributable production 12% higher at 510koz (QoQ)

November 21, 2024November 20, 2024 admin Gold producer

JOHANNESBURG – Gold Fields in its Operational update for the quarter ended 30 September 2024 reports that Mike Fraser, CEO

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Precious Metals 

Sibanye Stillwater reports on South African PGM operations

November 14, 2024November 11, 2024 admin PGM metals

The SA PGM operations continued to perform consistently, with 4E PGM production in line with annual guidance and costs well

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Precious Metals 

Sibanye Stillwater provides operating update on US PGM operations

November 13, 2024November 11, 2024 admin PGM metals

The US PGM operations continued to deliver improved operating results at the upper end of expectations from the restructuring concluded

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Precious Metals 

Sibanye Stillwater reports on South African gold operations

November 11, 2024November 7, 2024 admin Gold producer

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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Precious Metals 

Pan African acquires Tennant Consolidated Mining Group in Australia

November 8, 2024November 7, 2024 admin Gold producer

All scrip acquisition of 92% of Tennant Consolidated Mining Group Pty Ltd (TCMG) by Pan African via a Share Acquisition

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Precious Metals 

Newmont delivered 2.1 million gold equivalent ounces in Q3 2024

October 30, 2024October 28, 2024 admin Gold producer

DENVER – Newmont Corporation has announced third quarter 2024 results: “In the third quarter, Newmont delivered 2.1 million gold equivalent

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Precious Metals 

Barrick Reports production results with improvement at Pueblo Viejo

October 24, 2024October 23, 2024 admin Gold producer

TORONTO — Barrick Gold Corporation has reported preliminary Q3 production of 943 thousand ounces of gold and 48 thousand tonnes

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Africa Precious Metals 

Africa’s largest gold mine probes significant new discoveries

October 21, 2024October 16, 2024 admin Gold producer

Kinshasa, Democratic Republic of Congo – Very significant near-mine discoveries within trucking distance of the plant are poised to keep

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Africa Precious Metals 

Twiga leads extractive industry’s contribution to Tanzanian economy

October 11, 2024October 9, 2024 admin Gold producer

Bulyanhulu Gold Mine, Tanzania – The Twiga partnership between Barrick Gold Corporation and the Tanzanian government is contributing 51% of

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Precious Metals 

Pan African revenue up by 16.8%, supported by 4.9% increase in gold sales

October 10, 2024October 7, 2024 admin Gold producer

Pan African Resources has delivered an outstanding set of operational and financial results for the 2024 financial year. Notably, revenue

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Precious Metals South Africa 

Eastern Platinum commissions PGM processing plant at Crocodile River mine

October 9, 2024October 7, 2024 admin 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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Precious Metals 

Pan African Resources Group gold production increased by 6.2% to 186,039oz

October 7, 2024October 2, 2024 admin Gold producer

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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Precious Metals 

South Africa’s platinum output rose by 7% year-on-year

October 4, 2024October 2, 2024 admin Platinum

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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Precious Metals 

Endeavour makes first gold pour at Lafigué growth project

October 3, 2024September 27, 2024 admin Gold producer

London – The Lafigué processing plant achieved its first gold pour on 28 June 2024 and commercial production was achieved

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REFRACTORIES & FURNACES

Design features of modern induction furnaces
Refractories/Insulation 

Design features of modern induction furnaces

January 21, 2025January 17, 2025 admin

The design of the electric induction furnace provides for the presence of a melting and so-called induction furnace units. The

Durability and wear monitoring of blast furnace 4 at ROGESA
Refractories/Insulation 

Durability and wear monitoring of blast furnace 4 at ROGESA

January 15, 2025January 13, 2025 admin
Metal melting and energy saving in different types of melting furnaces
Refractories/Insulation 

Metal melting and energy saving in different types of melting furnaces

January 14, 2025January 10, 2025 admin
ROTARY KILN monitoring: Decisions that drive efficiency
Refractories/Insulation 

ROTARY KILN monitoring: Decisions that drive efficiency

November 15, 2024November 14, 2024 admin

LIVE PRECIOUS METAL PRICES



PRODUCT NEWS

Outokumpu Stainless modernises of its Steckel mill in Finland
Product News 

Outokumpu Stainless modernises of its Steckel mill in Finland

May 21, 2025May 19, 2025 admin

Outokumpu Stainless modernises of its Steckel mill in Finland Outokumpu Stainless (OTK) in Tornio, Finland, granted SMS group the FAC

Media handling systems for fast and safe handling of stirred mill media
Product News 

Media handling systems for fast and safe handling of stirred mill media

May 16, 2025May 13, 2025 admin
Concast continuous casters to increase billet and bloom production capacities
Product News 

Concast continuous casters to increase billet and bloom production capacities

May 14, 2025May 13, 2025 admin
Automation technology for high-capacity hot strip mill upgrade
Ferrous Metals Product News 

Automation technology for high-capacity hot strip mill upgrade

April 30, 2025April 29, 2025 admin
Infrared temperature measurement for aluminium rolling processes
Product News 

Infrared temperature measurement for aluminium rolling processes

April 29, 2025April 25, 2025 admin
Evolution in motion – Nordberg HP450e cone crusher 
Product News 

Evolution in motion – Nordberg HP450e cone crusher 

April 22, 2025April 16, 2025 admin
Anode Weighing and Casting Machine with superior casting accuracy
Product News 

Anode Weighing and Casting Machine with superior casting accuracy

April 16, 2025April 13, 2025 admin

SERVICES

Paul Wurth completes reline of ArcelorMittal blast furnaces
Services 

Paul Wurth completes reline of ArcelorMittal blast furnaces

January 12, 2022January 12, 2022 admin

Paul Wurth, part of SMS group, has completed its work relining the blast furnaces of ArcelorMittal’s Juiz de Fora steel

Maersk intends to form joint venture with Grindrod in South Africa
Services 

Maersk intends to form joint venture with Grindrod in South Africa

December 4, 2021December 3, 2021 admin
HBIS Wusteel signs maintenance contracts with Primetals
Services 

HBIS Wusteel signs maintenance contracts with Primetals

June 1, 2021May 31, 2021 admin
Shutdown services tailored to suit customers
Services World 

Shutdown services tailored to suit customers

March 3, 2021March 2, 2021 admin

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