Impala Platinum waives two conditions for RBP, gets better deal
A condition precedent is a specific milestone, approval or other event that must take place before a transaction can go
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Precious Metals
Platinum markets head for surplus in 2022, while palladium in deficit
MOSCOW – Nornickel, the world’s largest producer of palladium and high-grade nickel, today presented the eighth review of the nickel
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Platinum markets to surplus in 2022, while palladium in deficit
MOSCOW – Nornickel, the world’s largest producer of palladium and high-grade nickel, today presented the eighth review of the nickel
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Hochschild Mining to acquire Amarillo Gold for $164.5 million
Hochschild Mining is busy being acquiring Brazil-focused Amarillo Gold for $164.5 million. The companies announced the transaction yesterday. Hochschild is
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Implats to acquire all of the Royal Bafokeng Platinum
Implats has, on 26 November 2021, communicated to the independent board of directors of Royal Bafokeng Platinum Limited (RBPlat), Implats’
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Northam Platinum completes its acquisition of RBP
Northam Platinum has completed its acquisition of 32.8% of the shares in Royal Bafokeng Platinum. The shares were bought from
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Jubilee processing plant uses wide range of PGM feed and tailings
Jubilee Metals Group ’s PGM operations consist of the Inyoni and Windsor JV PGM operations. Historically, Jubilee’s Inyoni Operations were
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AngloGold Ashanti updates on capital projects
AngloGold Ashanti says Phase 2 of the Obuasi redevelopment project was substantially complete at the end of June 2021. Following
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AngloGold Ashanti Australia produces 125,000oz gold
The AngloGold Ashanti’s Australia operations produced 125,000oz at a total cash cost of $1,157/oz for the quarter ended 30 September
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Harmony impacted by Covid-19 staffing issues in its PNG gold mines
At Harmony Gold Mining Company’s Papua New Guinea operations (PNG), Hidden Valley continues to be impacted by Covid-19 related staffing
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Developments in Canada emphasise its commitment to platinum
TD Securities, a subsidiary of Canada’s The Toronto-Dominion Bank, has recently launched platinum bullion products to add to its precious
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Harmony Gold: de-risked portfolio drives Q-on-Q production growth
JOHANNESBURG, South Africa – Harmony Gold Mining Company has released an update, noting that its old assets only contributed 4%
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AngloGold Ashanti: 2021 revised guidance on track
For the remainder of the year, AngloGold Ashanti will continue its reinvestment programme as it pursues key growth-driven brownfields projects
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Gold Fields: South Deep had an exceptionally good quarter
JOHANNESBURG – Gold Fields in its operational update for the quarter ended 30 September 2021 said Gold Fields had a
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AngloGold Ashanti Americas production was 140,000oz gold
In the Americas, AngloGold Ashanti production was 140,000oz at a total cash cost of $932/oz for the quarter ended 30
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Northam Holdings acquires 32.8% of the Royal Bafokeng Platinum
Northam Holdings has announced that it will acquire 93 930 378 RBPlat Shares from Royal Bafokeng Investment Holdings, amounting to
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Endeavour Gold to beat full year production guidance
The Endeavour Group continued strong safety record, with a lost time injury frequency rate (“LTIFR”) of 0.21 for the trailing
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AngloGold Ashanti produces 348 000 oz in its African operations
The AngloGold Ashanti’s Africa region produced 348,000oz at a total cash cost of $858/oz for the quarter ended 30 September
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Royal Bafokeng discards Implats takeover, goes for Northam deal
In a rebuff to Impala Platinum (Implats), which announced last month that it wanted to buy Royal Bafokeng Platinum (RBPlat),
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AngloGold Ashanti: Developments at Obuasi gold mine in Ghana
On 30 September 2021, the Company announced that underground ore mining at the Obuasi gold mine in Ghana was expected
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Barrick gold set up for strong 2021 finish
London – Strong third-quarter production from Barrick Gold’s Africa and Middle East and Latin America regions has positioned them to
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Anglo American Platinum PGMs production in line with prior year
In its PGMs Production Report for the third quarter ending 30 September 2021, Anglo American Platinum says the total PGM
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Impala Canada suffers from skills shortage and logistical constraints
Impala Canada continues to face a critical skills shortage and logistical constraints. These challenges are regional in nature, impacting the
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Sibanye Stillwater gold production increased by 2% for Q3 2021
Production from the SA gold operations for Q3 2021 increased by 2% to 9,137kg (293,761oz) compared with Q3 2020). Gold
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Sibanye Stillwater SA PGM production increased by 20% during Q3 2021
Sibanye Stillwater recorded another solid operational performance for Q3 2021. Consistent results from the Group operating segments for a second
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Impala Platinum reports declines in concentrate and PGM production
Impala Platinum in its First quarter production report for the period 1 July to 30 September 2021, highlights the following:
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Eastern Platinum commissions the PGM main plant
Vancouver, British Columbia – Eastern Platinum (“Eastplats”) has successfully commissioned the PGM main plant circuit B (“PGM Main Circuit B”)
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Anglo American Platinum to dispose of Bokoni Platinum mine
Anglo American Platinum notes the Cautionary Statement released by African Rainbow Minerals Limited (ARM) on 28 October 2021 noting that
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Barrick produces 1.07M oz of gold and 101M oz of copper in Q3 2021
Toronto — Barrick Gold Corporation has reported preliminary Q3 sales of 1.07 million ounces of gold and 101 million pounds
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Nevada Gold Mines securing status as industry leader
ELKO, NEVADA – Nevada Gold Mines (NGM) is demonstrating the impact of operator and majority-owner Barrick’s strategy of combining the
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