Gold demand trends for second quarter 2021
Gold demand for Q2 was virtually in line with Q2 2020 at 955.1t (-1%). That took H1 demand to 1,833.1t,
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Gold
Thor Explorations commence commissioning of Segilola gold plant
Thor Explorations Ltd. has announced it commenced the commissioning of its gold processing plant following the successful turning of the
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World-first greenfield e-scrap recycling plant for precious metals
Following a multi-month commissioning phase, SMS group has handed over a greenfield recycling plant for waste electrical and electronic equipment
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GOLD: Creating opportunities from risks
US interest rates will likely remain a key driver for gold in the short and medium term. Yet, the negative
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Copper and gold projects alter mining industry in Colombia
Although mining in Colombia accounts for 2% to GDP, the government and industry representatives hope that it will be an
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Newmont approves Ghana’s Ahafo North Project
DENVER – Newmont Corporation has announced that its board approved advancing the Ahafo North Project into the execution phase. The
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Harmony Gold: Fatality at Tshepong South
JOHANNESBURG – Harmony Gold Mining Company has advised that an employee was fatally injured Thursday morning, following a mine-related incident
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AngloGold Ashanti submits proposal to acquire Corvus Gold
AngloGold Ashanti has announced that a non-binding proposal has been submitted to the Board of Directors of Corvus Gold Inc.
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Polyus plans to ramp up gold production
Russian gold mining company Polyus is planning to ramp up production over the next two years, as the overall global
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Kibali maintains momentum on course to 2021 production target
Kinshasa, Democratic Republic of Congo – After a strong start in the first quarter of 2021, the Kibali gold mine,
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Harmony meets its strategic objectives for financial year 2021
Johannesburg – Peter Steenkamp, chief executive officer of Harmony Gold Mining Company, reflects on the Company’s past financial year which
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Presidents meet to discuss management of Tanzania gold mines
Dar es Salaam – Tanzanian President Samia Suluhu Hassan and Barrick Gold Corporation president and chief executive Mark Bristow met
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Metals can be extracted from brines of dormant volcanoes
Magma beneath volcanoes releases gases that rise towards the surface. These gases are rich in metals. As the pressure drops,
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Cost of gold mining increases by 5%
Globally, costs in the gold mining industry increased for the second consecutive quarter in Q1’21, with the average all-in sustaining
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Gold vs crypto mining: energies and emissions
Recently, there has been a lot of debating around the possible parallels and variances of gold and Bitcoin and other
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UAE attachés accused in international gold smuggling syndicate
The United Arab Emirates is a key hub for gold trading linked to money laundering, organized crime and terrorist financing.
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Gold bullion sales rose 360% in may
During May 2021, the U.S. Mint sold 20,500 ounces of Gold American Eagles vs. only 11,500 ounces in May of
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Katoro Gold Project to reprocess 1.34 million ounce of gold
Katoro Gold Plc has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture in South Africa,
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Barrick Gold divests of its interest in Lagunas Norte Mine
Toronto – Barrick Gold Corporation has announced it has completed the divestiture of its 100% shareholding in the Lagunas Norte
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Sibanye-Stillwater buybacks dwarf its SA investments
A share buyback programme is a classic case of financial engineering. Share buybacks send a message to the market that
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Endeavour Mining to host capital markets event ahead of its LSE listing
Endeavour Mining to host a virtual capital markets event ahead of its LSE listing London – Endeavour Mining, which will
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Is commodity market overheated?
Despite seeing the Blomberg Commodity Spot index rally to a fresh ten-year high with +4% gains recorded in 9 out
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Harmony Gold’s significant profit translates into strong cash generation
JOHANNESBURG, South Africa – Harmony Gold Mining Company in its operational performance for the nine months ended 31 March 2021
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AngloGold Ashanti adds new gold reserves across its portfolio
AngloGold Ashanti reported first quarter headline earnings of $203m, driven by the higher gold price, as the Company continued its
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Gold, platinum and other commodities maintain rand’s strength
The South African rand’s 30% gain against the US dollar since the height of the pandemic has outstripped emerging-market peers
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Sibanye Stillwater gold production SA operations 5% higher
Production from the SA gold operations for Q1 2021 of 7,757kg (249,392oz) was 5% higher than for Q1 2020 and
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Sibanye Stillwater delivers stellar performance
Johannesburg – The start to the year has been extremely positive, with the operational momentum from Q4 2020 (following normalisation
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Gold Fields moves away from labour-intensive mining to mechanised operations
JOHANNESBURG – Gold Fields, in an operational update for the quarter ended 31 March 2021, says notwithstanding the impact of
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DRDGOLD: Poor production performance amid weaker gold price
DRDGOLD’s shares took battering on the JSE after it reported a decline in third-quarter production and said earnings came under
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Jubilee assesses copper and gold assets in Cyprus
United Kingdom – Jubilee, a metals processing company refers to the announcement released yesterday by Caerus Mineral Resources (“Caerus”), an
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