Sibanye Stillwater: Profit drops from R33.8bn to R19bn YoY
JOHANNESBURG – Sibanye-Stillwater has reported operating and financial results for the six months ended 31 December 2022, and reviewed condensed
Read more
Gold producer
Newmont achieves 2022 guidance and improves longer-term outlook
DENVER – Newmont Corporation has announced fourth quarter and full year 2022 results, as well as its 2023 and longer-term
Read more
Pan African increased production expected in 2nd half of 2023
Cobus Loots, Pan African’s chief executive officer, said reduced gold production over the past six months can primarily be attributed
Read more
Newmont announces appointment of new Chief Operating Officer
DENVER – Newmont Corporation has announced that Natascha Viljoen will join the Company’s Executive Leadership Team as Executive Vice President
Read more
Pan African Resources gold sales decreased by 15.6% to 90,439oz
Rosebank – Pan African has advised shareholders that its headline earnings and earnings per share (EPS) for the Current Reporting
Read more
Focus on tier one delivers significant increase in resources
Toronto – Barrick Gold Corporation grew attributable proven and probable gold mineral reserves by 6.7 million ounces net of depletion
Read more
DRDGOLD releases trading update for H2 2022
JOHANNESBURG – DRDGOLD reports that its revenue increased by R155.8 million, or 6%, to R2,654.3 million (2021: R2,498.5 million). Ergo
Read more
Newmont Confirms Proposal to Combine with Newcrest
DENVER – Newmont Corporation has confirmed it submitted a non-binding proposal to acquire 100% of the issued share capital of
Read more
Loulo-Gounkoto Gold Complex continues to deliver value
Loulo Gold Mine, Mali – Seventeen years after it went into production, Barrick’s Loulo-Gounkoto mining complex in Mali continues to
Read more
Endeavour produces 1.4Moz of gold in 2022
Endeavour Mining has reported that its FY-2022 production from continuing operations amounted to 1,400koz of gold (2021: 1,436koz), achieving the
Read more
New Gold produces 347,054 gold, achieves updated guidance
New Gold has announced that the company produced 347,054 gold equivalent ounces in 2022, achieving its revised production guidance of
Read more
Sukari gold mine in Egypt increases resources and reserves
Centamin has announced that the company delivered a 1.3Moz increase in Sukari gold mine measured and indicated mineral resources to
Read more
Newmont’s $160 Million Water Treatment Plant at Porcupine Mine
On November 18, Newmont’s Porcupine mine was pleased to host Ontario Premier Doug Ford on site, alongside members of his
Read more
Moody’s Upgrades Barrick to A3 with Stable Outlook
TORONTO — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that Moody’s Investors Service (“Moody’s”) has upgraded the senior unsecured ratings of Barrick and
Read more
Newmont Ranks Top Miner in 2022 Dow Jones Sustainability Index
DENVER – For the 15th year in a row, Newmont joins the Dow Jones Sustainability™ World Index (DJSI World), representing
Read more
Donlin could be the world’s largest gold mines
Alaska is the second largest gold-producing state in the U.S. noted Greg Lang, president and CEO of NOVAGOLD. He says
Read more
Bombore gold mine announces commercial production in Burkina Faso
Orezone Gold has announced that the Bombore gold mine in Burkina Faso has achieved commercial production, effective from 1 December
Read more
Gold production at Lundin’s Fruta del Norte to be well in excess of 400 koz
Lundin Gold has released its 2023 guidance and three-year gold production outlook. The company reported that gold production at Fruta
Read more
Thor: Gold production in Nigeria continues at a steady rate
Thor Explorations has reported gold production of 26,523 ounces in Q3 2022 and 71,651 ounces in 9M 2022 at the
Read more
Endeavour makes major gold greenfield discovery in Côte d’Ivoire
ABIDJAN – Endeavour Mining plc has announced that a major discovery has been made at its 100%-owned Tanda-Iguela greenfield exploration property in Côte d’Ivoire. The Tanda-Iguela property has the
Read more
Dynacor increases processing capacity at its Veta Dorada mine
Dynacor Group, an international gold ore industrial company servicing artisanal and small-scale miners (ASMs), has announced the completion of its
Read more
Caledonia Mining connects solar plant to the Blanket gold mine in Zimbabwe
Caledonia Mining has announced on Monday that the new solar plant at its Blanket gold mine in Zimbabwe will start
Read more
Copper and higher gold grades to drive production guidance
Toronto — Barrick Gold Corporation has reported preliminary Q3 sales of 1.00 million ounces of gold and 120 million pounds
Read more
Veladero Gold explores and strengthens its partnership with the community
SAN JUAN, Argentina – The Veladero gold mine has reached its 17th anniversary since first gold in October 2005 and
Read more
Harmony transforms by adding copper production in a tier 1 mining jurisdiction
Johannesburg – In line with its strategic objective of transitioning into a low-cost gold and copper mining company, Harmony Gold
Read more
Pan African closes transaction to acquire Mintails SA assets
Rosebank – Pan African Resources has closed the transaction to acquire the total share capital and claims of Mogale Gold
Read more
Investment in Future Secures NGM’s Status as Industry Leader
Elko, Nevada – Nevada Gold Mines (NGM) continues to demonstrate the impact of Barrick Gold Corporation’s strategy of combining the
Read more
Sabina Gold & Silver to build $610-million Nunavut mine
Sabina Gold & Silver has announced today that its board formally approved building the Goose Mine at the company’s 100%
Read more
Marathon approves Valentine gold project with upped capex estimate
Marathon Gold has announced that its Board of Directors has made a formal decision to proceed to construction of the
Read more
Pan African will acquire Mogale Gold and MSC in the next month
In November 2020, Pan African Resources announced that the Company had entered into conditional sale of shares agreements to acquire
Read more