Gold Fields to acquire Yamana Gold in $6.7 billion stock deal
Merger and acquisition activity in the mining sector remains strong as Gold Fields Ltd. looks to become the world’s fourth-largest
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Gold producer
AngloGold Ashanti reported solid performance for the first quarter of 2022
Johannesburg – AngloGold Ashanti reported a solid performance for the first quarter of 2022, with production steady year-on-year, an increase
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Pan African extends its world class ore bodies at Barberton Mines
In recent years, Pan African has increased its exploration focus on the down-dip extension of the existing ore bodies at
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Sibanye-Stillwater: Guidance for PGM unchanged, for gold suspended
Notwithstanding the prevailing global geopolitical uncertainties, precious metal prices have remained robust, albeit with significant volatility, and, underpinned by a
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Shanta Q1 gold production in Tanzania is in line with guidance
Shanta Gold, the Tanzania-focused gold producer, developer and explorer, has said that its gold production in Q1 2022 was 11,408
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Ten largest global gold mines in 2021
According to Kitco the following are the world’s biggest gold mines by production in 2021. The ranking below was developed
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Newmont to acquire remaining stake in Yanacocha gold mine
Newmont announced Tuesday that it will acquire the remaining 5% interest in Yanacocha from Sumitomo for $48 million. Newmont said
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Q1 production sets Barrick on track to achieve 2022 targets
Toronto – Barrick Gold Corporation has reported preliminary Q1 sales of 1.0 million ounces of gold and 113 million pounds
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Nevada Gold Mines solar power plant advances clean energy drive
Elko, Nevada – Nevada Gold Mines (NGM) is investing in a 200-megawatt (MW) solar power plant designed to accelerate its decarbonization
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Caledonia Mining reports record Q1 gold production in Zimbabwe
Caledonia Mining today reported Q1 2022 gold production of 18,515 ounces at its Blanket mine in Zimbabwe, a record for
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Sabodala-Massawa Gold production remained flat despite increased grade
Endeavour’s Sabodala-Massawa Gold Mine production in Senegal remained flat in Q4-2021 despite the increase in processed grade as gold in
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Mana Gold production increased due to higher grade and recovery
In Q4-2021, Endeavour’s Mana Gold Mine in Burkina Faso gold production increased due to higher processed grade and plant recovery
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Kibali Powers Ahead While Barrick Plans Further Investments in DRC
Kinshasa, Democratic Republic of Congo – Africa’s largest gold mine, Kibali, has made a strong start to 2022 and is
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Since the Randgold merger Barrick delivered excellent results
Toronto – Barrick Gold Corporation is built on a foundation of six Tier One gold mines with rolling 10-year plans which
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Endeavour announces the sale of its non-core Karma mine
Endeavour Mining has announced that it has closed the sale of its 90% interest in its non-core Karma mine in
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Sibanye-Stillwater gold production within annual guidance
Gold production from the SA gold operations (excluding DRDGOLD) for 2021 of 27,747kg (892,087oz), was above the lower end of
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Alamos to dispose of its Esperanza gold project in Mexico
Alamos Gold has entered into a binding agreement to sell its non-core Esperanza gold project in Mexico to Zacatecas Silver
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Asante commences mining at Bibiani gold mine in Ghana
Asante Gold announced today that following a receipt of the updated Environmental and Mine Operating Permits, the company commences open
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Sibanye-Stillwater production guidance reached by all operating segments
Sibanye-Stillwater delivered another record financial performance for 2021, with revenue of R172.2 billion (US$11.6 billion) and adjusted EBITDA of R68.6
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Alamos to dispose of its Esperanza gold project in Mexico
Alamos Gold has entered into a binding agreement to sell its non-core Esperanza gold project in Mexico to Zacatecas Silver
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Harmony says its basic earnings for H1FY22 dramatically decrease
Johannesburg – Harmony in its Trading statement and operating update for the six months ended 31 December 2021 states that
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Tanzania gold mines advancing to tier one status
North Mara and Bulyanhulu, which were moribund gold mines when Barrick took over their management two years ago, delivered a
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Kibali gold mine delivers another stellar performance
The Kibali gold mine produced a total of 812,152 ounces, well within guidance for 2021, and increased its mineral reserves
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Pan African on track to produce 200,000oz of gold for FY2022
Pan African has delivered an excellent operational performance, achieving record gold production in excess of 108,000oz for the six months
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Kirkland Lake Gold and Agnico Eagle create the top 3 gold producer
Kirkland Lake Gold and Agnico Eagle have announced the successful completion of the previously announced merger of equals’ transaction. The
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Russia’s Polymetal beats guidance, produces 1.7Moz of gold in 2021
Russia’s gold mining company Polymetal, a top-10 global gold and silver producer, has reported that its gold equivalent production amounted
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Newcrest produces 436koz of gold in December quarter
Australia-based Newcrest, one of the largest gold mining companies worldwide, has announced that its gold production of 436 koz in
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AngloGold Ashanti blames lower gold sales and higher costs
AngloGold Ashanti has reasonable certainty that headline earnings for the year ended 31 December 2021 are expected be between $572
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Endeavour’s mines in Burkina Faso unaffected by political situation
LONDON – Endeavour Mining announces that its operations and supply chains in Burkina Faso have not been affected by the
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Sibanye-Stillwater: Gold operations at Kloof 1 shaft recommences
JOHANNESBURG – Sibanye-Stillwater has provided an update regarding the commencement of operations following the safety-related interventions and stoppages that were
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