Gold whizzes above $2,400 as commodities catch fire
Gold prices are continuing their upward trend, and with the decisive break above $2,400 per ounce, analysts and traders are
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Precious Metals
Gold Fields: Lower gold production increases all-in-sustaining costs
Lower gold production in the quarter has contributed to a material increase in all-in-sustaining costs (AISC) and all-in costs (AIC)
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Salares Norte project commences production delivering first gold
On 28 March 2024 the Salares Norte project commenced production delivering first gold, a significant milestone for the project that
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Eastern Platinum: Revenue of $30.5 million for Q4/23, a 146% increase
Vancouver, British Columbia – Eastern Platinum has reported that it filed its Audited Consolidated Financial Statements for the fiscal year
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Gold Fields: Production impacted by weather and operational challenges
In its Operational update for the quarter ended 31 March 2024, Gold Fields says that its production was impacted by
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Anglo American Platinum: Refined PGM production unchanged
Refined PGM production (from owned production, excluding tolling) was similar to the prior period at 628,000 ounces, which is consistent
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Barrick Gold lowers production, 143% increase in Q1 earnings
Barrick Gold lowers production, 143% increase in Q1 earnings Barrick Gold, reported slightly weaker gold production but higher gold prices
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Anglo American Platinum: Total PGM production decreases by 6%
Anglo American Platinum disposed of our 50% interest in Kroondal in Q4 2023, resulting in Kroondal production being reported as
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Pan American Silver to sell La Arena Gold mines for to Zijin Mining
Pan American Silver has announced it would sell its 100% interest in La Arena S.A., which owns the La Arena
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Implats: Rebuild No 5 furnace tapped first PGM matte at end of April
In its Production report for the period ended 31 March 2024, Impala Platinum reports gross group 6E production increased by
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Dipping gold mine production is key to gold and silver’s long-term valuations
The gold price is testing resistance at $1,800 an ounce, trading at a fresh four-week high. Gold prices have pushed
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Northam Platinum produces 10.6% increase of PGM from own operations
Northam Platinum’s equivalent refined metal from own operations increased by 10.6% to 434 977 oz 4E (H1 F2023: 393 309
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Northam’s results underpinned by a solid production and effective cost control
Northam Holdings’ financial results for the six-months ended 31 December 2023 (“H1 F2024”) are underpinned by a solid production performance
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Pan African Resources reports increase of 6.7% in gold production
Pan African delivered an excellent safety, production and financial performance for the reporting period, according to Cobus Loots, Pan African’s
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Barrick: Nevada Gold Mines strongly positioned for growth
Elko, Nevada – Nevada Gold Mines (NGM) has come a long way since 2019 when Barrick and Newmont pooled their
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Clear strategies and strong partnerships set Barrick up to outperform
TORONTO – A strong finish to 2023 boosted Barrick’s full-year gold production to 4.05 million ounces and its copper output
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Amplats Production for Q4 2023 decreases by 6% to 932,200 ounces
Total Platinum Group Metals (PGMs) production (expressed as 5E+Au metal-in-concentrate) of Anglo American Platinum decreased by 6% to 932,200 ounces.
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Implats sales 12% higher, due consolidation of Bafokeng and operations
Impala Platinum Group expected both basic earnings and headline earnings for the period to be at least 20% lower than
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DRDGOLD expects to remain within guidance’s lower end range
Johannesburg – DRDGOLD is in the process of finalising its results for the six months ended 31 December 2023. Group
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Additional funding for Sable Dense Medium Separation beneficiation plant
Referring to the announcement dated 1 September 2023 regarding Sable Platinum Holdings (“SPH”), a wholly owned subsidiary of SEAM entering
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Northam report 10.6% increase in total equivalent refined PGM metal production
Northam is pleased to report a 10.6% increase in total equivalent refined metal production from own operations, and a 19.9%
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Africa’s largest gold mine now also one of its greenest
Kinshasa, Democratic Republic of Congo – Kibali, the largest gold mine in Africa, is now also one of the greenest
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Barrick Continues To Be a Major Value Creator for Mali
LOULO GOLD MINE, Mali – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) and its predecessor, Randgold Resources, has been a valuable partner
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Freeport-McMoRan produces 10% more gold in 2023 Q4 earnings
Solid annual copper and gold production helped Copper miner Freeport-McMoRan beat Wall Street estimates for fourth-quarter profit. Ahead of the
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PAN AFRICAN RESOURCES: Operational update for H1 FY2024
Pan African has provided a production update for the half year ended 31 December 2023. KEY FEATURES Operations performed in
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Barrick Gold production of 4.05 million oz consistent with forecast
Toronto — Barrick Gold Corporation has reported preliminary full year and fourth quarter 2023 production results. On the back of
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Tanzanian gold mines on track for extending lives, growing production
BULYANHULU GOLD MINE, Tanzania – Barrick’s North Mara and Bulyanhulu gold mines have sustained their strong performance and achieved their
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Merafe Resources: Production report for quarter and year end
Sandton – Merafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended 31 December 2023
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Gold Fields: Delivery of first gold at the Salares Norte Project
Gold Fields announces a further update to production of first gold from the Project which has been impacted by delays
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Recommissioning starts as Porgera plans to resume operations in Q1 2024
Toronto – Following the formal completion of the Porgera Project Commencement Agreement today, work has started on the recommissioning of
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