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
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Gold producer
Newmont 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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Twiga leads extractive industry’s contribution to Tanzanian economy
Bulyanhulu Gold Mine, Tanzania – The Twiga partnership between Barrick Gold Corporation and the Tanzanian government is contributing 51% of
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Pan African revenue up by 16.8%, supported by 4.9% increase in gold sales
Pan African Resources has delivered an outstanding set of operational and financial results for the 2024 financial year. Notably, revenue
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Pan African: The last decade and the world in which it now operates
Economically and politically, the world has been tumultuous and volatile during this time. Economically, it had to deal with challenging
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Pan African Resources Group gold production increased by 6.2% to 186,039oz
Pan African Resources reports that its group gold production increased by 6.2% to 186,039oz (2023: 175,209oz), in line with guidance.
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Endeavour makes first gold pour at Lafigué growth project
London – The Lafigué processing plant achieved its first gold pour on 28 June 2024 and commercial production was achieved
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Sibanye Stillwater: Mixed results at gold and nickel operations
Gold production from the SA gold operations of 10,703kg (344,109oz) for H1 2024 was 17% lower than for H1 2023
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Endeavour starts production at Sabodala-Massawa Biox Expansion
London – The BIOX Expansion achieved its first gold pour from the gravity circuit on 18 April 2024 and its
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Barrick continues to unlock value embedded in its asset base
Colorado Springs – Barrick is projecting a 30% growth in the production of gold-equivalent ounces from its existing assets by
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Sibanye-Stillwater: Lower commodity prices drive declines in revenue
JOHANNESBURG – Sibanye-Stillwater has reported operating and financial results for the six months ended 30 June 2024. Neal Froneman, Chief
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Recommended acquisition of Centamin by Anglogold Ashanti
The Boards of AngloGold Ashanti and Centamin have announced that they have agreed the terms of a recommended acquisition of
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Newmont to divest from Havieron gold-copper project
DENVER – Newmont has announces, as part of its ongoing program to divest non-core assets, it agreed to sell the
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Stibnite gold project in the US gets key permit
Perpetua Resources has announced that United States Forest Service has completed the Final Environmental Impact Statement and is issuing a
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Harmony delivers exceptional performance across its operations
Johannesburg – Harmony Gold Mining has delivered an exceptional combined performance across its operations in FY24. This achievement was a
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Sibanye Stillwater releases production update for H1 2024
The operational performance from the SA PGM operations for H1 2024 (including attributable production from Mimosa and third-party purchase of
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Sibanye Stillwater reports significant decline year-on-year
Johannesburg: Sibanye-Stillwater will release its operating and financial results for the six months ended 30 June 2024 (H1 2024) on
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Gold Fields consolidates 100% ownership of the Windfall Project
Full ownership of Windfall enables Gold Fields to streamline decision-making and increase flexibility with respect to the Project’s development and
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AngloGold Ashanti: Strong second quarter bolsters first half performance
Gold production in the second quarter of 2024 rose 12% quarter-on-quarter to 663,000oz from 591,000oz in the first quarter of
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