Kibali Gold drives sustainable value creation through partnerships
Kibali derives most of its energy needs from its three hydropower stations with plans for a 16MW solar farm with
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Precious Metals
Wesizwe PGM group expects losses to widen in HY23
South African platinum group metals producer and developer Wesizwe Platinum (JSE: WEZ) announced today that it expects to report a
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Barrick Gold to deliver sustainably profitable growth
Denver – Barrick Gold Corporation is projecting a 30% increase in production on the back of the growth options embedded
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Anglogold Ashanti sharpens operational focus with sale of Gramalote
JOHANNESBURG – AngloGold Ashanti, which continues to sharpen focus on its operating assets and high-return development projects, has agreed to
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Perseus Mining extends life of Yaouré gold mine to 2035
Africa-focused gold producer Perseus Mining has announced it had extended Yaouré’s operational life to 12+ years (to at least 2035),
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BRICS nations alleged to be stockpiling gold to support new currency
China and Russia may be setting aside some of their massive gold production to support a new currency to rival
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Merafe: Contribution of new PGM production plants
Merafe and Glencore Operations South Africa, had entered into an agreement to contribute to the Glencore Merafe Chrome Venture (“JV”),
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World’s 10 largest gold mining companies in H1 2023 – report
Newmont was the world’s largest gold mining company in H1 2023 (half year ended 30 June 2023), followed by Barrick
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Polyus reports gold production up 36% to 1.45Moz
Russia’s Polyus, the world’s 5th largest gold producer, announced today that its total gold output increased 36% and amounted to
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Impala Platinum reports on its prospects and outlook
There have been several revisions to forecast PGM supply and demand in 2023. Primary supplies continue to be challenged by
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Impala Platinum reports on its operations
Tonnes milled from Implats’s managed operations increased by 7% to 23.88 million tonnes (FY2022: 22.36 million tonnes) with higher reported
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Implats secures ownership of Royal Bafokeng Platinum
The year’s highlight for Implats was securing ownership of Royal Bafokeng Platinum Limited (RBPlat) and the Group is implementing its
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Impala Platinum publishes consolidated annual results for the FY 2023
Enhanced operational flexibility, resilience and disciplined execution enabled Implats to successfully navigate a series of domestic and regional challenges, which
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Anglogold Ashanti places Corrego Do Sitio Mine In Brazil on care and maintenance
JOHANNESBURG – The Córrego do Sítio (CDS) mine in Brazil’s Minas Gerais state has for a sustained period reported challenging
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Anglogold Ashanti places Corrego Do Sitio Mine In Brazil on care and maintenance
JOHANNESBURG – The Córrego do Sítio (CDS) mine in Brazil’s Minas Gerais state has for a sustained period reported challenging
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Sibanye-Stillwater reports on its H1 2023 production results
The SA PGM operations delivered another solid, consistent operating result for H1 2023, commendably managing the impact of elevated Eskom
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DRDGOLD: profits up in FY23 on higher gold price and yield increase
DRDGOLD, a South African gold producer that recovers gold from the retreatment of surface tailings, reported today that its revenue
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Harmony Gold expects over 100% increase in FY23 basic earnings
Harmony Gold, a senior global gold producer, announced today that it met its production and cost guidance and beat its
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Gold Fields reports half-year profit of $458M
Gold Fields (NYSE: GFI), one of the world’s largest gold producers, announced Thursday that its attributable gold equivalent production was
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Newmont’s bid to acquire Newcrest gets green light from regulator
The Australian Competition & Consumer Commission (ACCC) cleared Newmont’s proposed acquisition of Newcrest Mining (ASX: NCM). Newmont, which announced the
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WESIZWE PLATINUM: Resumption of Operations at Bakubung Mine
Johannesburg – Bakubung Platinum Mine (BPM) has successfully re-opened its operations. This significant development follows the signing of a crucial
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Sibanye-Stillwater: Operating update for H1 2023 compared to H1 2022
4E PGM production from the SA PGM operations, including the purchase of concentrate (POC) of 848,723 4Eoz, was flat compared
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DRDGOLD expects increase in earnings in FY 2023
DRDGOLD, a South African gold producer that recovers gold from the retreatment of surface tailings, reported yesterday it expects to
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Implats: Bad results blamed on Eskom, PGM prices, cable theft
Implats now has reasonable certainty on its earnings and therefore advises that earnings for the period decreased primarily due to
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Newcrest posts $778M profit in FY23; increases gold and copper production
Newcrest, one of the world’s largest gold miners, has reported annual gold production of 2.1 million ounces (up 8% y-o-y)
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Pan African reports lower gold production in FY23
South African gold miner Pan African Resources (AIM: PAF) announced Monday that its gold production for the financial year ended
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Impala Platinum update for the year ended 30 June 2023
Implats says the operating environment in FY2023 was typified by continuing headwinds, and regional power constraints provided a notable impediment
Read moreBarrick readies Porgera gold mine for restart
Porgera, Papua New Guinea – Barrick Gold Corporation is aiming to restart operations at the Porgera gold mine later this
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Newmont’s produces 17% less gold y-o-y
Newmont, the world’s largest gold producer, announced today that its Q2 2023 attributable gold production decreased 17% y-o-y to 1.24
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Caledonia: Gold production at Blanket down due to operational issues
Zimbabwe-focused gold producer Caledonia Mining has announced Q2 2023 gold production of 18,512 ounces from its Blanket mine and Bilboes
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