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Kefi announces launch of Tulu Kapi project
Updated 1 hour 18 minutes ago By: Darren Parker

Aim-listed gold and copper exploration and development company Kefi has announced that the Tulu Kapi Gold Mines (TKGM) board has formally launched the project. "Our launch timing is fortuitously... 


Montage Gold proposes new directors
Updated 6 hours ago By: Creamer Media Reporter

Canada-listed Montage, which is aiming to be a multi-asset African gold producer, has set June 7 as the date for its annual general and special meeting. Shareholders will vote on a proposed slate... 


$80m raised for Empire copper/gold project in Idaho
Updated 7 hours ago By: Creamer Media Reporter

US-focused Phoenix Copper has successfully raised $80-million in a corporate bond issue to fund the construction of the Empire openpit mine, in Idaho. The bonds will be drawn down in tranches,... 


A chinchilla
Salares Norte project section temporarily put on hold to ensure chinchilla protection
Updated 7 hours ago By: Darren Parker

NYSE- and JSE-listed Gold Fields has announced that its Salares Norte project, in Chile, has received an urgent and transitionary measure (MUT) from Chile’s Superintendence of Environment (SMA).... 


Gold hits fresh record as Fed rate-cut optimism fuels demand
Gold hits fresh record as Fed rate-cut optimism fuels demand
20th May 2024 By: Bloomberg

Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year. Bullion jumped as much as 1.1% to hit $2... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council, Geoscience, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 


ESG key as investors back gold ETPs, metals funds – Tabula
17th May 2024 By: Sabrina Jardim

Gold exchange-traded products (ETPs) and metals funds are expected to benefit the most from positive flows into the commodities sector this year, with an environmental, social and governance (ESG)... 


Hummingbird says Corica restarts operations at Kouroussa
17th May 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources has reported the remobilisation of mining services provider Corica Mining Services at the Kouroussa gold mine, in Guinea. Corica in March suspended work at the mine... 


Share sales rebound 98% in Toronto as copper, gold prices surge
Share sales rebound 98% in Toronto as copper, gold prices surge
17th May 2024 By: Bloomberg

After a miserable year for share sales, Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital as copper and gold prices have spiked. The volume of total financings... 


Muddy Waters will not compensate its nominees on Canadian miner Mayfair as shareholder vote looms
Muddy Waters will not compensate its nominees on Canadian miner Mayfair as shareholder vote looms
17th May 2024 By: Reuters

hort seller Muddy Waters Capital said on Thursday that none of its newly proposed directors for Canadian miner Mayfair Gold's board will receive any remuneration, in contrast to what it called the... 


Congo demands international embargo on Rwandan mineral exports
16th May 2024 By: Bloomberg

The Democratic Republic of Congo called for an international embargo of metal exports from neighboring Rwanda, whose government it accuses of using rebel groups to steal its natural resources. All... 


Labyrinth retains deposit as sale of Canadian gold project falls through
16th May 2024 By: Creamer Media Reporter

ASX-listed Labyrinth Resources has announced the termination of the sale and purchase agreement for its namesake gold project in Canada. The termination comes as a result of the buyer, Gold... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


Alamos intersects new style of mineralisation at Young-Davidson
Alamos intersects new style of mineralisation at Young-Davidson
15th May 2024 By: Creamer Media Reporter

Canadian gold miner Alamos has intersected a new style of higher grade gold mineralisation in zones within the hanging wall of its Young-Davidson mine. These zones, located between 10 m and up... 


Gold Fields to earn into Killi’s West Tanami project
15th May 2024 By: Creamer Media Reporter

Exploration junior Killi Resources has announced an option and joint venture (JV) agreement with global miner Gold Fields, which has agreed to spend up to A$13-million for an 85% interest in the... 


SolGold advances financing for Cascabel, secures $10m loan
SolGold advances financing for Cascabel, secures $10m loan
14th May 2024 By: Mariaan Webb

LSE- and TSX-listed SolGold said on Tuesday that it was making significant strides in securing financing for its Cascabel project, in Ecuador, with capital providers expressing a keen interest in... 


Resources Watch
Resources Watch
14th May 2024

This week: Copper 360’s underground copper mine set to open three months ahead of schedule; South Deep wind power decision drawing closer, Q2 update likely on backfill problem and, Hydrogen’s... 


Hochschild Mining CEO Eduardo Landin
Hochschild hits commercial production at its first Brazil mine
14th May 2024 By: Creamer Media Reporter

Precious metals company Hochschild Mining has achieved commercial production at the Mara Rosa gold mine – its first operation in Brazil. During May, the Mara Rosa processing plant has operated at... 


Lexington renews Jelani prospecting right to 2026
13th May 2024 By: Darren Parker

Aim-listed Lexington Gold has announced that the prospecting right owned by Jelani Resources has now been formally renewed until May 29, 2026. This follows on the back of announcements made on May... 


An image of Goldplat's operation in Benoni
Goldplat’s third quarter buoyed by strong performance of its Ghanaian operations
13th May 2024 By: Tasneem Bulbulia

Aim-listed Goldplat’s gold recovery operations in South Africa and Ghana achieved a combined operating profit for the third quarter, ended March 31, of £1.6-million (excluding listing and head... 


Kefi nears construction start at Tulu Kapi
13th May 2024 By: Marleny Arnoldi

London-listed Kefi Gold and Copper says the remaining finance syndicate approval process in respect of the Tulu Kapi project, in Ethiopia, is on track for final approvals this month. The company... 


Mine shaft at Caledonia's Blanket mine in Zimbabwe
Caledonia starts year with higher output, profit
13th May 2024 By: Marleny Arnoldi

Gold miner Caledonia Mining says its production and profit was supported by a favourable gold price in the first quarter of the year, which has continued through April and into May. The company’s... 


Horizon Minerals inks toll milling agreement
13th May 2024 By: Mariaan Webb

ASX-listed Horizon Minerals on Monday announced a toll milling agreement with FMR Investments to treat 200 000 t of ore from the Cannon underground deposit. FMR owns the Greenfields mill, which is... 


OceanaGold Philippines' shares decline in early trades on market debut
OceanaGold Philippines' shares decline in early trades on market debut
13th May 2024 By: Reuters

Gold miner OceanaGold Philippines' shares fell as much as 6% below their initial public offering (IPO) price in the first 15 minutes of trading on their market debut on Monday. The shares opened... 


AngloGold CEO Alberto Calderon
AngloGold starts year with 2% higher output despite flooding in Australia
10th May 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 


St Barbara’s decade-long vision for Simberi
St Barbara’s decade-long vision for Simberi
10th May 2024 By: Mariaan Webb

Australian gold miner St Barbara has crafted a roadmap for the advancement of the Simberi mine, in Papua New Guinea, outlining production scenarios aimed at elevating output to about 230 000 oz/y... 


Photo of Martin Creamer
South Deep, Rietberg, mineral exploration make headlines
10th May 2024

Mining Weekly Editor Martin Creamer discusses developments around Gold Fields’s potential wind energy project at the South Deep Gold Mine; Copper360's  Rietberg underground copper mine opening... 


Sibanye-Stillwater CEO Neal Froneman
Froneman confident PGM prices will rebound once temporary decline abates
10th May 2024 By: Darren Parker

Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the... 


DRDGOLD operation
DRDGOLD posts lower third-quarter output, but higher earnings
10th May 2024 By: Marleny Arnoldi

JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same... 


The Westwood mine, in Canada, achieved its highest quarter of production since mining restarted in 2021.
Iamgold guidance on track as Essakane and Westwood shine
10th May 2024 By: Mariaan Webb

Canadian gold miner Iamgold has announced a promising start to the year, reporting robust results across its operations and projects in the first quarter, positioning the company well to meet its... 


Sibanye underground workers
Sibanye reports lowest serious injury rate in its history for the first quarter
10th May 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than... 


The Montage Gold team with Côte d'Ivoire President Alassane Ouattara
Montage receives enviro permit for Côte d'Ivoire project
10th May 2024 By: Creamer Media Reporter

TSX-V-listed Montage Gold has received a signed Ministerial order from Côte d'Ivoire granting the environmental approvals necessary for the development of its 300 000 oz/y Koné project. In... 


Manuka raises cash to bring Mt Boppy into production
9th May 2024 By: Creamer Media Reporter

Exploration and development company Manuka Resources has announced an A$8-million capital raise that it plans to use to bring the Mt Boppy gold mine into production this year. The capital will be... 


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