Endeavour announces sale of its Agbaou gold mine
ABIDJAN – Endeavour Mining has announced that it has entered into an agreement to sell its 85% interest in its
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Precious Metals
Sibanye-Stillwater achieves solid operational performance
In its Production update for the year ended 31 December 2020, Sibanye-Stillwater says the Group operating performance was extremely pleasing,
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Norilsk Nickel joins responsible sourcing blockchain network
MOSCOW – Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that it is joining
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Eastplats stabilizes production and increases PGM capacity
VANCOUVER, British Columbia, Canada – Eastern Platinum Limited (Eastplats) has reported that its subsidiary, Barplats Mines in South Africa, has
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Jubilee Metals: Further Record Growth Achieved
Jubilee’s operational growth during H2 2020 exceeded expectations despite the challenges of the COVID-19 pandemic. During H2 2020, the Company
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Barrick Gold meets its 2020 guidance targets
TORONTO — Barrick Gold Corporation has announced preliminary full year and fourth quarter 2020 results which indicate that it has
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AngloGold Ashanti sells its stake in Mali gold mine
AngloGold Ashanti Limited has reported that together with its joint venture partner IAMGOLD Corporation, have completed the sale of their
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Rhodium price hits record high just above $20 000/oz
The “most precious metal” rhodium has seen something of a rollercoaster this year, rising from $6050 an ounce at the start
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Tharisa shows solid performance amid strong PGM market
CYPRUS – Tharisa, the leading integrated platinum and chrome producer with operations in South Africa, has announced another strong quarter
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Nornickel shuts down its outdated smelter
MOSCOW – Norilsk Nickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, is shutting down
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Gold and climate change: The energy transition
The ‘Gold and Climate Change: The Energy Transition’ report looks at gold mining’s energy transition and climate impacts over the
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Eastern Platinum reports first delivery of PGM concentrate
Vancouver, British Columbia – Eastern Platinum (Eastplats) has reported that during December 2020 its subsidiary, Barplats Mines, delivered its first
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AngloGold Ashanti commits to responsible mining
AngloGold Ashanti says sustainability remains at the foundation of its strategy. The Company continues to prioritise local procurement at its
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Silver to outperform other precious metals in 2021
After, precious metals had a spectacular year last year, and are geared for further gains in 2021. According to Reuters
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Anglogold: Development of ore reserves key to long-term success
The development of Ore Reserves is key to the long-term success and sustainability of AngloGold Ashanti, and the company is
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AngloGold Ashanti is on track to meet cost and production guidance
JOHANNESBURG – AngloGold Ashanti Interim Chief Executive Officer Christine Ramon has affirmed that the Company is on track to meet
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Endeavour increases its stake in the Fetekro gold project
ABIDJAN – Endeavour Mining has announced that it has increased its stake in the Fetekro Project in Côte d’Ivoire, ahead
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Norilsk Nickel’s to modernize its smelting line
HELSINKI, FINLAND – Metso Outotec has been awarded a landmark contract by PJSC MMC Norilsk Nickel to modernize one of
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Perseus pours first gold at Yaouré ahead of schedule
Perseus Mining has advised it has successfully completed the first pour of gold at its Yaouré Gold Mine in Côte
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Quo Vadis Platinum? Short term forecast
In the context of the marked improvement in economic activity, analysts expect the last three months of 2020 to see
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Evander gold mines to build solar photovoltaic plant
Pan African has announced that it has entered into an engineering, procurement and construction agreement with juwi South Africa to
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Pan African announces production guidance and management changes
The Pan African Group expects to produce approximately 97,000oz for the six months ending 31 December 2020, and is on
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Anglo American Platinum upgrades its operational guidance
As a result of the early rebuild completion of the ACP (Anglo Converter Plant) Phase A unit, the company upgraded
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Platinum investors benefited from bargain hunting in August
Global bar and coin demand rose by 78% (+42 koz) year-on-year during Q3’20 to 96 koz. This reflected gains in
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Bitcoin will have bearing on the gold price
Gold could lose its sparkle in the long run due to institutional investors’ increased preference for bitcoin, according to the
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Platinum use in petroleum and chemical sector in Q3’20
Following two consecutive quarters of declining demand, platinum use in the petroleum sector improved slightly in Q3’20, though overall volumes
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Maria Ramos appointed AngloGold Ashanti Chair
JOHANNESBURG – The Board of AngloGold Ashanti is pleased to advise that Independent Non-Executive Director Maria Ramos has been appointed
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Amplats safely completes the converter plant Phase A rebuild
Anglo American Platinum has safely and successfully completed the rebuild of the Anglo Converter Plant (ACP) Phase A unit, with
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Platinum for a fifth generation
JOHANNESBURG – The arrival of 5G – the fifth generation of cellular networks – is bringing new capabilities that will
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Russia’s gold industry set for modest production growth
Russia’s gold industry will see modest production growth, supported by a solid project pipeline and improving gold prices. While the
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