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
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Gold producer
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%
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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
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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
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SIBANYE STILLWATER: Outlook for the rest of 2022 is significantly improved
Sibanye-Stillwater’s performance for the six-months ended 30 June 2022 (H1 2022) reflects the deterioration in the global economic and political
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Miners complain of rising costs for gold
Miners involved in gold extraction have employed many strategies to remain disciplined, but the upward inflationary shock skews rising cost
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Great Panther produces 20,187 gold equivalent ounces in second quarter
Great Panther Mining has announced that in Q2 2022, the company produced 20,187 gold equivalent ounces from its two operating
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Polymetal posts gold equivalent production declines 9% in Q2
Russia’s Polymetal, a senior global gold and silver producer, reported today that its quarterly gold equivalent production decreased by 9% year-on-year to
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Hummingbird produces 20koz of gold in Mali in Q2
Hummingbird Resources has announced that in Q2 2022, its gold production increased 29% to 20,013oz from Q1 2022, with improved
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Nevada Gold Mines building new growth opportunities
Three years after establishing the joint venture that created the world’s largest gold mining complex, Nevada Gold Mines (“NGM”) is
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AngloGold Ashanti reports 3% higher production year-on-year
Johannesburg – AngloGold Ashanti reported a solid performance for the first half of 2022, with production 3% higher year-on-year, an
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Newmont’s project pipeline supports stable production
Newmont’s project pipeline supports stable production with improving margins and mine life. Newmont’s 2022 and longer-term outlook includes current development
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Newmont updates 2022 outlook due to impacts on gold production
Newmont is providing updated 2022 outlook due to impacts on gold production estimates in the first half of the year,
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Newmont produces 1.5 million attributable ounces of gold
DENVER – Newmont says it has delivered solid second quarter production and free cash flow results from leading portfolio of
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Pan African: Gold production increased by 2.0% to 205,459oz
Final Group gold production for the Reporting Period increased by ~2.0% to 205,459oz (2021: 201,777oz), exceeding the upwardly revised production
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Pan African: Record gold production and significant reduction in debt
Pan African has provided its gold production figures and a preliminary operational update for the financial year ended 30 June
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Loulo-Gounkoto Gold complex on track to meet production guidance
Loulo Gold Mine, Mali – Barrick Gold Corporation continues to invest in creating value for all stakeholders and in supporting
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Gold Fields provides update on proposed Yamana Gold acquisition
Further to the announcement published on Tuesday, 31 May 2022, Gold Fields has provided a market update regarding the proposed
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Kibali gold mine’s investment now exceeds $4 billion
Kinshasa, Democratic Republic of Congo – The Kibali gold mine’s investment in the Democratic Republic of Congo now exceeds $4
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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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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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