Newmont Gold completes its sale of Akyem and Porcupine
DENVER – Newmont has announced that it finalized the previously disclosed sales of its Akyem operation in Ghana and its
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Gold producer
Gold Fields update on the Damang Mining lease extension
As previously disclosed, Gold Fields (through its indirect subsidiary, Abosso Goldfields Limited) had applied for an extension of the Damang
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DRDGOLD and its 60MW Green Energy Investment
Since June 2024, DRDGOLD has embarked on an ambitious expansion project to double its gold production at the FWGR operation
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Barrick Focuses on Future Growth and Sustainable Value Creation
Toronto – Barrick Gold Corporation reinforced its commitment to growth, reporting significant progress of its key growth projects while achieving
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Gold shines for Sibanye-Stillwater
The strategic importance of the Sibanye-Stillwater’s diversified portfolio of metals, was again reinforced by the significant increase in the financial
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Newmont reports net income of $3.4 billion; provides full year 2025 guidance
DENVER – Newmont Corporation has announced its fourth quarter and full year 2024 results, and provided guidance for the full
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Sibanye Stillwater and Glencore venture adds significant value to SA PGM chrome production
JOHANNESBURG: Sibanye-Stillwater has reported operating and financial results for the six months ended 31 December 2024, and reviewed condensed consolidated
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Largest gold miner reports significant Q4 earnings
The world’s largest gold miner reported strong earnings and reaffirmed its commitment to reward shareholders as it improves its balance
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Barrick delivers strong year-end performance while advancing growth projects
Barrick delivered a strong performance in Q4, increasing gold production by 15% and copper production by 33% over Q3 to
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Gold Fields delivered production and AISC in line with revised 2024 guidance
Gold Fields has advised that the Company has delivered Group production, all-in-costs (AIC) and all-in-sustaining costs (AISC) in line with
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Endeavour Q4-2024 production increased by 92koz, 34% over Q3-2024
Endeavour reports that Q4-2024 production increased by 92koz or 34% over Q3-2024, to 363koz following increased production at all mines.
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Pan African Resources reports decrease in gold sold of 18%
Pan African advises in its trading statement for the six months ended 31 December 2024 that its earnings are increased
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Kibali gold mine ends 2024 with strong performance
Kinshasa, Democratic Republic of Congo – Barrick’s Kibali gold mine achieved an improved performance in the last quarter of the
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Freeport reports better-than-expected fourth-quarter 2024 results
The mining sector earnings season is off to a solid start as Freeport reported better-than-expected fourth-quarter 2024 results, driven by
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Lumwana Mine fuels Zambia’s growth with major expansion on the horizon
Lumwana Mine, Zambia – Barrick Gold Corporation has reaffirmed its commitment to Zambia’s economic growth, contributing over $3.7 billion since
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GOLD: Twiga Partnership Drives Sustainable Value Creation in Tanzania’s Economy
Bulyanhulu Gold Mine, Tanzania – Barrick Gold Corporation has injected over $4.24 billion into the Tanzanian economy since establishing the
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Barrick Provides still restricted from shipping gold from Mali
Toronto – Barrick Gold Corporation has confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex
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Barrick’s inability to ship gold affects operations and the local economy
Toronto – Barrick Gold Corporation remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an
Read moreNewmont to divest Ghana’s Akyem mine for up to $1 Billion
DENVER – Newmont has announced it will sell its Akyem operation in the Republic of Ghana to Zijin Mining Group
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Sanctions will double cost of Siberian gold deposit
Russia’s largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in
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Newmont announces sale of Musselwhite for up to $850 Million
DENVER – Newmont has announced today that it has agreed to sell its Musselwhite operation in Ontario, Canada, to Orla
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Gold Fields reports attributable production 12% higher at 510koz (QoQ)
JOHANNESBURG – Gold Fields in its Operational update for the quarter ended 30 September 2024 reports that Mike Fraser, CEO
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Sibanye Stillwater reports on South African gold operations
Gold production from the SA gold operations (excluding DRDGOLD) of 4,263kg (137,059oz) for Q3 2024 was 12% lower than for
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Pan African acquires Tennant Consolidated Mining Group in Australia
All scrip acquisition of 92% of Tennant Consolidated Mining Group Pty Ltd (TCMG) by Pan African via a Share Acquisition
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NEWMONT: Third quarter 2024 production and financial summary
Attributable gold production increased 4 percent to 1,668 thousand ounces from the prior quarter primarily due to higher production at
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Newmont delivered 2.1 million gold equivalent ounces in Q3 2024
DENVER – Newmont Corporation has announced third quarter 2024 results: “In the third quarter, Newmont delivered 2.1 million gold equivalent
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Barrick Reports production results with improvement at Pueblo Viejo
TORONTO — Barrick Gold Corporation has reported preliminary Q3 production of 943 thousand ounces of gold and 48 thousand tonnes
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Africa’s largest gold mine probes significant new discoveries
Kinshasa, Democratic Republic of Congo – Very significant near-mine discoveries within trucking distance of the plant are poised to keep
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NexGold Mining and Signal Gold to merge
TORONTO – NexGold Mining and Signal Gold have announced the two were merging. NexGold will acquire all the issued and outstanding
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Focus on Pan African Resources
In the early 2010s, Pan African was a single-asset company, holding only the Barberton Mines underground operations. Over the past
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