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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Precious Metals
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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AmPlats suffers from lower PGM price, lower sales and higher costs
Anglo American Platinum has reported that its earnings for the six months ended 30 June 2023 (H1 2023) have decreased
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Tharisa releases Production Report for the third quarter
Tharisa, the platinum group metals (PGMs) and chrome co-producer has announced its production results for Q3 FY2023 and cash balance
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Barrick says ‘on track to achieve 2023 targets’
Barrick Gold has announced that the company produced 1,009 koz of gold in Q2 2023, which is a decline of
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Northam increases platinum group metals production in 2023
Northam Platinum, a major South African producer of platinum group metals, has announced that for the 30 June 2023 financial
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Torex reports lower gold production in second quarter
Torex Gold has reported Q2 2023 gold production of 107,507 ounces, down 13% compared to Q2 2022 (123,180 ounces). The
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