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Newmont Corp’s Akyem gold mine is a target for Ghana-focused producer Asante Gold Corp, which plans to bid for the asset against potential Chinese buyers this month. “We expect to be part of this...
As ASX- and TSX-listed Perseus Mining’s takeover of ASX-listed OreCorp gains pace, TSX-listed Silvercorp Metals has accepted the offer to sell its 73.8-million OreCorp shares to Perseus....
Precious metals miner Coeur Mining has achieved commercial production at its newly-expanded Rochester silver and gold mine, in Nevada, on March 31. The company reported this week that the new...
After a meticulous two-and-a-half-year construction phase, the Greenstone gold mine in Ontario is primed to initiate gold production next month. Equinox Gold, a Toronto-listed mining company, said...
Gold miner Caledonia Mining Corporation has reported a 6% year-on-year increase in production from its Blanket mine, in Zimbabwe, to 17 050 oz for the first quarter of this year. Gold sales also...
Gold held a record high as investors positioned for US inflation data that could help shape the Federal Reserve’s outlook on interest rates. Bullion was little changed after closing at $2 352.78...
ASX-listed Predictive Discovery has revealed “promising” findings from its regional drilling activities at the Bankan gold project, in Guinea, which has a substantial 5.38-million-ounce gold...
Canadian miner Ascot Resources has started ore processing at the Premier gold project (PGP) in British Columbia, marking a key milestone in commissioning the new mine. Rock was introduced into the...
Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert...
Nasdaq- and TSX-listed Perpetua Resources has received a letter of interest from the Export-Import Bank of the US (Exim), signalling a step forward in its financing endeavours for the Stibnite gold...
Toronto-listed Aris Mining has announced the appointment of Richard Orazietti as CFO and Oliver Dachsel as senior VP of capital markets. Welcoming the two new additions to Aris’ management team,...
Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously...
JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has appointed Philippe Boisseau independent nonexecutive director, effective April 8. He brings to the board more than 25 years of...
South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up...
West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to...
Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February...
The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in...
West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d’Ivoire, for the quarter ended March 31. Milling rates increased...
ASX- and TSX-listed Perseus Mining has declared that its off-market takeover bid offer for all the current and to be issued ordinary shares in ASX-listed OreCorp is now unconditional, and best and...
The world’s biggest gold miners are at risk of missing out on the metal’s record run after spending billions of dollars to become the obvious home for bullion-focused investors. Despite gold...
Uranium development and exploration company Toro Energy on Monday announced the planned demerger of noncore nickel, gold and base metals projects in Western Australia. The demerger announcement...
Australia’s Westgold Resources on Monday announced its acquisition of Toronto-listed Karora Resources in a deal valued at about A$1.23-billion. The acquisition, structured as a cash-and-stock...
South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South...
Nonprofit initiative Bokamoso Ba Rona has published a request for expression of interest, in seeking to partner with established commercial farmers and/or agribusinesses to spearhead Bokamoso’s...
ASX-listed unhedged gold mining company West African Resources produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a...
An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The...
Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly...
Canadian miner Iamgold has announced the execution of a forward gold sale arrangement and a partial amendment to an existing gold prepay agreement to optimise its financial position. The net...
West Africa’s mining and industrial sectors are characterised by growth and challenges, says multinational banking and financial services provider Absa Corporate and Investment Banking (CIB)...
In its constant drive to increase its representation and relevance in the country’s mining sector, Zimbabwe-focused explorer, developer and miner Caledonia Mining Corporation has changed its mining...
Gold major Harmony’s strategy is to direct major capital towards its high-grade underground mines and high-margin surface source operations to improve profitability. The decision to extend Mponeng,...
Gold miner Harmony Gold has concluded a landmark five-year wage agreement in respect of increases to wages and other conditions of service with its five labour unions, being the coalition, which...
Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in...
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