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Integra receives first cash installment in Wheaton royalty transaction
8th March 2024 By: Creamer Media Reporter

Precious metals exploration and development company Integra Resources has closed the previously announced royalty transaction with Wheaton Precious Metals and has received its first cash... 


Panama asks First Quantum to suspend visitor program at disputed copper mine
Panama asks First Quantum to suspend visitor program at disputed copper mine
8th March 2024 By: Reuters

anama said on Wednesday it had asked First Quantum Minerals to suspend a visitor program launched last month at the disputed Cobre Panama mine, saying the miner did not consult the government... 


Ramelius owns the Edna May mine.
Australian explorer Ramelius confirms talks to acquire Karora Resources
8th March 2024 By: Reuters

Australian gold miner Ramelius Resources on Friday confirmed it is in discussions with Karora Resources for a potential acquisition of the Canada-based mine operator. Shares of Ramelius were up... 


Encouraging exploration buoys Côte d’Ivoire prospect
8th March 2024 By: Simone Liedtke

Canada-based precious metals miner Fortuna Silver has reported several emerging prospects at its West African Séguéla mine, in Côte d’Ivoire, of which its Badior prospect stands out, with... 


Gold bars
Gold-backed ETFs record ninth month of outflows
7th March 2024 By: Marleny Arnoldi

Gold-backed exchange-traded flows (ETFs) recorded another outflow in February, extending their losing streak to nine months, with North America in the lead. Total assets under management... 


Lady Julie one of Australia’s highest margin undeveloped projects – Magnetic
7th March 2024 By: Creamer Media Reporter

The Lady Julie gold project, near Laverton, in Western Australia, is technically and financially robust, ASX-listed Magnetic Resources reported on Thursday. A prefeasibility study has confirmed... 


mine shaft head
Kilimapesa restart on track following mill relining in January
7th March 2024 By: Darren Parker

Progress at the Kilimapesa mine, in Kenya, is on track since the relining of the mill in January and the restart of production, London-listed Caracal Gold CEO Robbie McCrae has said. “We look... 


Tsumeb is one of the few smelters globally that can treat complex polymetallic concentrates, including those with higher arsenic content.
Chinese group to buy Dundee's Namibia smelter
7th March 2024 By: Mariaan Webb

Canadian miner Dundee Precious Metals (DPM) will sell its Tsumeb smelter, in Namibia, to Sinomine Resources for $49-million in cash. Tsumeb is one of the few smelters globally that can treat... 


$3.2bn investment commitment for SolGold’s Ecuador project
$3.2bn investment commitment for SolGold’s Ecuador project
7th March 2024 By: Mariaan Webb

London- and Toronto-listed SolGold has announced a complementary investment protection agreement (IPA) for the Cascabel project, in Ecuador. The signing of a joint declaration with the government... 


Tietto Minerals' Abujar mine, in Côte d’Ivoire
Tietto goes from strength to strength following ‘undervalued’ takeover offer
7th March 2024 By: Marleny Arnoldi

As gold mining company Tietto Minerals nears full production rates at its Abujar gold mine, in Côte d’Ivoire, it is also focusing on organic growth opportunities, while Hong Kong-based Zhaojin... 


Kavango reveals promising resource estimates at Zimbabwe project
6th March 2024 By: Darren Parker

Southern Africa-focussed metals explorer Kavango Resources has received a maiden resource estimate for the two largest tailings dumps at the Nara gold project, in Zimbabwe, revealing an indicated... 


Resources Watch
Resources Watch
6th March 2024

This week: Implats expecting phased reduction in group output; Green energy integrated into Harmony Gold operations and, Harmony Gold board approves R7.9bn project on back of superb half-year results 


Evolution recruits Guay from Agnico Eagle for CTO role
6th March 2024 By: Creamer Media Reporter

Australia-based Evolution Mining has appointed Nancy Guay as chief technical officer (CTO) accountable for various technical functions, including studies, projects, long-term planning and technical... 


Fortuna takes option over Turaco’s Tongon North project
6th March 2024 By: Mariaan Webb

West African miner Fortune Silver Mines has taken an option over an 80% interest in five granted exploration permits that make up Australian junior Turaco Gold’s Tongon North project, in Cote... 


Gold steady after surging to record on rate-cut bets, haven bids
Gold steady after surging to record on rate-cut bets, haven bids
6th March 2024 By: Bloomberg

Gold steadied after surging to a record high in the previous session, boosted by expectations for US rate cuts, geopolitical tensions and the risk of a pullback for equity markets. Bullion rose to... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater highlights its full confidence in price-hit platinum group metals
5th March 2024 By: Martin Creamer

While the operating environment remains challenging, with macro-economic and geo-political uncertainty persisting, the medium- to long-term view of Sibanye-Stillwater remains largely unchanged on... 


Gold Fields completes divestment of interest in Ghana gold mine
5th March 2024 By: Tasneem Bulbulia

Gold miner Gold Fields has concluded the sale of its 45% effective interest in the Asanko mine, in Ghana, to Galiano Gold for $170-million plus a 1% net smelter royalty (NSR) on future production... 


Osisko Development secures $50m for Cariboo project
5th March 2024 By: Creamer Media Reporter

Gold company Osisko Development has secured funding for ongoing detailed engineering and preconstruction activities at the Cariboo gold project, in British Columbia. The $50-million delayed draw... 


Kefi raises £495 916 as part of capital raise for Tulu Kapi
5th March 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper, which owns projects in Ethiopia and Saudi Arabia, announces that a retail offer through PrimaryBid has been successfully completed, raising gross proceeds of about... 


Gold touches $2 100 as traders scoop up metal on rate cut bets
Gold touches $2 100 as traders scoop up metal on rate cut bets
5th March 2024 By: Bloomberg

Gold is within striking distance of a new record high as the market bets the first US interest-rate cut since early 2020 is near. The precious metal briefly rose above $2 100/oz Monday, the... 


Terry Heymann
Opinion: From mine to market – building a more transparent and trusted gold supply chain
5th March 2024

In this article, World Gold Council (WGC) CFO Terry Heymann argues that the disclosure of a miner’s refining partners will support recognition of a trusted eco-system that will grow over time and... 


Caledonia warns of lower full-year profit on the back of one-off items
4th March 2024 By: Sabrina Jardim

LSE-listed Caledonia Mining expects to report an adjusted profit before tax for the year ended December 31, 2023, materially below market expectations, owing to increased operating costs and... 


The Kibali gold mine in the DRC
Barrick partners with DRC-based oversight body to advance local content intiatives
4th March 2024 By: Marleny Arnoldi

Global miner Barrick Gold Corporation’s Kiballi gold mine, in the Democratic Republic of Congo (DRC), has partnered with the oversight body of the subcontracting sector, the Autorite de Regulation... 


Illegal mining activity
Three people killed in clash between illegal miners, security personnel at Ghana mine
4th March 2024 By: Creamer Media Reporter

Two security personnel and one civilian were killed in an attack by illegal miners at the Asanko gold mine, in Ghana, over the weekend. The mine is a 50:50 joint venture between JSE-listed Gold... 


A$30m in commitments for Ora Banda’s Davyhurst
1st March 2024 By: Mariaan Webb

ASX-listed Ora Banda has received commitments for a A$30-million capital raise to advance its Davyhurt project, in Western Australia’s Eastern Goldfields region. The company received commitments... 


Goldstone’s ride could be over unless funding can be found
1st March 2024 By: Darren Parker

Aim-listed Goldstone is still trying to raise additional funds to provide working capital for its operational development and to settle various balances owed to outstanding creditors. In the event... 


Barrick's Bulyanhulu mine, in Tanzania
New chemical tech at Barrick’s Buylanhulu mine results in cleaner tailings, better recoveries
1st March 2024 By: Marleny Arnoldi

Following a successful trial of chemical technologies provider Draslovka’s GlyCat glycine leaching technology at global miner Barrick Gold’s Buylanhulu mine, in Tanzania, the gold miner has started... 


Photo of Martin Creamer
Gold, carbon emissions, renewable projects make headlines
1st March 2024

Mining Weekly Editor Martin Creamer the R7.9-billion life-of-mine extension project at the Mponeng gold mine; the recent delivery of Anglo American’s tenth emission-cutting ship; and the two huge... 


An image of the SX4 spiral separator
Degritting spiral reduces carbon costs for gold miners
1st March 2024

Amid tough economic conditions, metallurgy and process engineering solutions developer Multotec has responded to the challenge of the high costs associated with using activated carbon in gold... 


An image of Rand Refinery CEO Praveen Baijnath
Refiner highlights ethical gold provenance mark
1st March 2024

In highlighting its efforts to ensure gold provenance, fineness and quality, Germiston-based gold refiner Rand Refinery says its RandPure mark emphasises its commitment to sourcing and producing... 


An image of World Gold Council senior market strategist John Reade
Demand trends show increasing need for gold production
1st March 2024 By: Trent Roebeck

With the price of gold at an all-time high, gold-producing African States – such as South Africa, West African countries and sub-Saharan Africa countries – can benefit from the increased demand for... 


An image of Coface Africa economist Aroni Chaudhuri
Gold price set to increase despite challenges
1st March 2024 By: Trent Roebeck

Despite challenges that may cause the price of gold to fluctuate, it is set to remain high this year, owing to “uncertainties linked to the stacked electoral calendar globally”, says leading trade... 


An image of SA Bullion co-CEOs Imran and Clint O'Brien
Gold demand and price increase promising for industry
1st March 2024 By: Trent Roebeck

Gold has proven to be an enduring and reliable asset, especially during challenging times, with demand for gold by central banks remaining stable in 2023, which is likely to continue this year, say... 


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pqt: 1.253s - ct: 1.336s - 350pq - 2rq
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