Royal Bafokeng Platinum increases concentrate production by 24.3%
Royal Bafokeng Platinum, in its Condensed Consolidated Interim Results for the six months ended 30 June 2021, says that during
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Precious Metals
Endeavour well positioned to achieve full year production guidance
Gold production increased 18% in Q2-2021 over Q1-2021 to 409koz, while AISC decreased by $15/oz to $853/oz, due to the
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Zimbabwe privatises gold refinery for US$49m
Ten companies will take control of Zimbabwe’s privatised gold refinery, Fidelity Printers and Refiners (FPR), for US$49 million, Finance minister
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Gold demand trends for second quarter 2021
Gold demand for Q2 was virtually in line with Q2 2020 at 955.1t (-1%). That took H1 demand to 1,833.1t,
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Gold Fields increases its earnings by estimated 133-156%
JOHANNESBURG – in its Trading statement for H1 2021, Gold Fields has advised that basic earnings per share for the
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Implats records 17.9% increase in concentrate production
Implats delivered strong operating results in the period, despite the complexity of managing the ongoing impact of Covid-19. The Group
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Anglo American Platinum refined PGM production increased by 233%
Total PGM production increased by 59% to 1,057,900 ounces (against prior period Q2 2020), with platinum production n59% higher at
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Thor Explorations commence commissioning of Segilola gold plant
Thor Explorations Ltd. has announced it commenced the commissioning of its gold processing plant following the successful turning of the
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Anglo American Platinum increases PGMs production by 59%
Anglo American Platinum in its PGMs Production Report for the second quarter ending 30 June 2021 says total PGMs production
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GOLD: Creating opportunities from risks
US interest rates will likely remain a key driver for gold in the short and medium term. Yet, the negative
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Newmont approves Ghana’s Ahafo North Project
DENVER – Newmont Corporation has announced that its board approved advancing the Ahafo North Project into the execution phase. The
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Pan African Resources operational results for the year ended 30 June 2021
Pan African has provided its final gold production figures and further operational information for the financial year ended 30 June
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Barrick on course to achieve 2021 production targets
Toronto — Barrick Gold Corporation has reported preliminary Q2 sales of 1.07 million ounces of gold and 96 million pounds
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AngloGold Ashanti submits proposal to acquire Corvus Gold
AngloGold Ashanti has announced that a non-binding proposal has been submitted to the Board of Directors of Corvus Gold Inc.
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Exploration successes extend life of Tongon gold mine
Tongon gold mine, Côte d’Ivoire – Significant exploration successes could extend the Tongon gold mine’s life, Barrick president and chief
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Kibali maintains momentum on course to 2021 production target
Kinshasa, Democratic Republic of Congo – After a strong start in the first quarter of 2021, the Kibali gold mine,
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Tharisa delivers record chrome output and increased PGM production
PAPHOS, Cyprus – Tharisa says its PGM basket price was 15.6% higher quarter on quarter (Q3 2021 vs Q2 2021)
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Harmony meets its strategic objectives for financial year 2021
Johannesburg – Peter Steenkamp, chief executive officer of Harmony Gold Mining Company, reflects on the Company’s past financial year which
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Presidents meet to discuss management of Tanzania gold mines
Dar es Salaam – Tanzanian President Samia Suluhu Hassan and Barrick Gold Corporation president and chief executive Mark Bristow met
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Cost of gold mining increases by 5%
Globally, costs in the gold mining industry increased for the second consecutive quarter in Q1’21, with the average all-in sustaining
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Impala Platinum Holdings moves its branch register from the UK to SA
Impala Platinum shareholders have been notified that all shareholders reflected on the UK branch register as at 29 July 2021,
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Silver mine production declined 5% last year
The Silver Institute just released its annual report (“World Silver Survey 2020”) covering silver supply and demand through 2020. Their
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Gold bullion sales rose 360% in may
During May 2021, the U.S. Mint sold 20,500 ounces of Gold American Eagles vs. only 11,500 ounces in May of
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Katoro Gold Project to reprocess 1.34 million ounce of gold
Katoro Gold Plc has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture in South Africa,
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Jubilee: Further acquisition of PGM material in the Eastern Limb
Jubilee has announced a further substantial acquisition of the rights to 944 000 tonnes of PGM containing tailings in the
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Porgera gold mine moves closer to restart
PORGERA, Papua New Guinea – The process of re-opening the Porgera gold mine under the terms of the agreement between
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Pan African gets Barberton Mines’ gold mining rights renewed
Pan African Resources has informed shareholders that the South African Department of Mineral Resources and Energy (DMRE) has granted the
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Jubilee Metals acquires PGM material in the Eastern Limb, SA
Jubilee, a leader in metals processing with operations in Africa, has announced acquisitions of strategic PGM tailings and an update
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Barrick Gold divests of its interest in Lagunas Norte Mine
Toronto – Barrick Gold Corporation has announced it has completed the divestiture of its 100% shareholding in the Lagunas Norte
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Sibanye-Stillwater buybacks dwarf its SA investments
A share buyback programme is a classic case of financial engineering. Share buybacks send a message to the market that
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