Polymetal to re-domiciliate from Jersey to Kazakhstan
Russia’s Polymetal, a senior global silver and gold producer, has said that the company will not meet the scheduled timetable
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Precious Metals
Harmony to meet annual guidance for FY 2023 with strong production performance
Johannesburg – Peter Steenkamp, chief executive officer of Harmony Gold Mining Company, has reflects on the Company’s past financial year,
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AngloGold Ashanti, Inflection to explore copper-gold projects in Australia
Inflection Resources has announced today that it has signed a definitive farm-in agreement with major gold producer AngloGold Ashanti that
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Hummingbird pours first gold at its Kouroussa mine in Guinea
Africa-focused gold producer Hummingbird Resources has announced first gold pour at the Kouroussa gold mine in Guinea on 08 June
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Pan African reports on Mintails construction commencement
Pan African expects the group production for the current financial year to be approximately 175,000oz. Mintails project progress and funding
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Pan African Resources announces new group production guidance
Pan African Resources has announced its production guidance for the current financial year reduced to approximately 175,000oz (previously 195,000oz to
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Pan African Resources updates on Royal Sheba Project
Mine layout optimisation and scheduling was finalised and requests for quotations were issued for the initial development and production activities.
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Bakubung Platinum Mine processing plant progress update
Hot commissioning of the Bakubung Platinum Mine (“BPM”) processing plant (“BPM Processing Plant”) was planned from 23 March 2023 to
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First gold poured at Fortuna’s Séguéla mine in Côte d’Ivoire
Fortuna Silver Mines has announced that the first gold has been poured at the Séguéla mine in Côte d’Ivoire. The
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Johnson Matthey report 21% drop in profit due to inflation, low PGM prices
Johnson Matthey has reported sales of £4.2 billion (US$5.17 billion), representing a 6% increase in its preliminary results for the
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Moab Khotsong & Mponeng high-grade underground delivered improvements
The South African high-grade gold operations, namely Moab Khotsong and Mponeng, delivered improvements in all operating metrics for this reporting
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Harmony International gold mine operations increased by 27%
Production from the Hidden Valley mine increased by 27% to 2 934kg (94 330oz) in 9M FY23 from 2 306kg
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SA gold Burnstone project suffers industrial action and skill shortage
The Burnstone project schedule was negatively impacted by the industrial action in 2022, combined with a shortage of skills and
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Sibanye Stillwater keeps operating guidance for 2023 unchanged
Primarily as a result of the impact of the shaft incident at the Stillwater West mine, along with ongoing operational
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Sibanye Stillwater SA PGM operations 4% lower than for Q1 2022
Total 4E PGM production of 403,699 4Eoz for Q1 2023 (including third party purchase of concentrate (PoC)) was only 4%
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Harmony higher recovered grades drive strong performance from SA underground
Johannesburg, South Africa – Harmony Gold Mining Company Limited has report its operational performance for the nine months ended 31
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Zimplats and Impala Canada delivered increases in ore milled
Zimplats delivered a 10% increase in milled throughput to 1.88 million tonnes. Volumes were negatively impacted by regional power outages
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Impala Rustenburg improved grade by 4%, milling by 5%
According to Impala Rustenburg, tonnes milled during the quarter increased by 5% to 2.38 million tonnes, despite load curtailment, safety
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Lumina Gold sells Cangrejos gold project to Wheaton for $300M
Wheaton Precious Metals has announced that its wholly-owned subsidiary has entered into a definitive precious metal purchase agreement with Lumina
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Sibanye Stillwater gold production was 46% higher than for Q1 2022
The SA managed gold operations are benefitting from an appropriately structured, inflation linked wage agreement settled in 2022 which positions
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Harmony surface operations declined by 6%, as planned
The South African surface operations consist of the Kalgold open pit mine, the tailings retreatment operations which include Mine Waste
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Caledonia Mining reports loss due to lower gold production and high costs
Zimbabwe-focused gold producer Caledonia Mining has announced Q1 2023 gold production of 16,141 ounces from its Blanket and Bilboes mines,
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PGM producer Tharisa expects 45-48% decline in HY basic earnings
Platinum group metals (PGM) producer Tharisa has announced that its basic earnings per share (EPS) for the six months ended
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Eastern Platinum to invest in Zandfontein underground
Vancouver, British Columbia – Eastern Platinum has announced the completion of the previously announced rights offering to its shareholders. The
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Structural damage Stillwater West costs 20k oz
During March 2023, the US PGM Stillwater West mine suffered structural damage to the shaft which accesses the deeper levels
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IAMGOLD reports quarter earnings $25M from continuing operations
IAMGOLD has reported attributable gold production from continuing operations of 113,000 ounces in Q1 2023, a decline of 12% compared
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DRDGOLD Operating update for the quarter ended 31 March 2023
Gold production increased by 4% from the previous quarter to 1,329kg primarily due to yield being 0.03g/t higher at 0.255g/t,
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AngloGold Ashanti updates production for the March quarter 2023
Johannesburg – AngloGold Ashanti has reported a steady operational performance for the first quarter of 2023, in line with plans,
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Newmont to Acquire Newcrest gold and copper production
DENVER – Newmont has agreed to acquire Newcrest by way of an Australian Scheme of Arrangement, under which Newmont will
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Endeavour reports 301koz gold production in Q1-2023
ENDEAVOUR has reported that Q1-2023 production from continuing operations amounted to 301koz, a decrease of 54koz or 15% over Q4-2022
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