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Northern Star maintains FY24 guidance
Northern Star maintains FY24 guidance
24th January 2024 By: Mariaan Webb

Gold mining company Northern Star said on Wednesday that it remained on track to deliver its guidance of 1.6-million to 1.75-million ounces of gold for the 2024 financial year. Production will be... 


Red Rock progressing Central, West African projects
24th January 2024 By: Tasneem Bulbulia

Natural resource development company Red Rock Resources now has four active licences in West Africa over project of “high prospectivity”, chairperson Andrew Bell says. This follows the recent... 


Fresnillo achieves FY guidance
Fresnillo achieves FY guidance
24th January 2024 By: Creamer Media Reporter

Mexican precious metals miner Fresnillo has achieved its full-year guidance of 105.1-million silver-equivalent ounces, with the company overcoming “many operational challenges”, reports CEO Octavio... 


The Edikan gold mine
Perseus confident of maintaining a strong operating performance for the full-year
24th January 2024 By: Creamer Media Reporter

Africa-focused Perseus Mining expects its strong operating performance to continue for the remainder of the financial year to end June 30, with production guidance for the full-year set at 491 000... 


Barrick CEO Mark Bristow
Barrick speeds up major Zambia copper mine expansion project
24th January 2024 By: Mariaan Webb

The Lumwana copper mine’s Super Pit expansion project has been accelerated with initial production now scheduled for 2028, Barrick president and CEO Mark Bristow said on Tuesday. The project will... 


Caracal raises £140 000 for working capital, corporate costs
23rd January 2024 By: Tasneem Bulbulia

East African gold producer Caracal Gold has raised £140 000 by way of a subscription through the issue of  46.7-million new ordinary shares in the company, to be used for working capital at its... 


Centerra promotes Snyder to CFO
23rd January 2024 By: Creamer Media Reporter

Gold mining company Centerra will promote Ryan Snyder to executive VP and CFO on April 8, to succeed Darren Millman, who is leaving to pursue another opportunity in the mining industry in... 


Aton reorganises management team, appoints new COO
23rd January 2024 By: Tasneem Bulbulia

TSX-V-listed Aton Resources has reorganised the management team at its Abu Marawat Concession in the Eastern Desert of Egypt. Robert Parr has been appointed COO and will be responsible for... 


Moroccan miner Managem plans $300m – CEO
22nd January 2024 By: Reuters

Moroccan mining company Managem plans to increase its capital by three-billion dirhams ($300-million) in the first half of this year to fund its gold, copper and cobalt expansion plans, CEO Imad... 


An image of Shanta Gold CEO Eric Zurrin
Shanta exceeds its production guidance for 2023
22nd January 2024 By: Tasneem Bulbulia

Aim-listed Shanta Gold has surpassed its production guidance for 2023, despite a moderate slowdown at its New Luika gold mine (NLGM), in Tanzania. The company benefitted from a strong gold price... 


Pan African on track for further output growth
22nd January 2024 By: Marleny Arnoldi

Dual-listed gold miner Pan African Resources increased its production by 6.7% year-on-year to 98 458 oz for the six months ended December 31. The company explains that its Barberton Mines... 


Endeavour's Ity mine
Endeavour looks forward to further production growth, following a strong 2023 performance
22nd January 2024 By: Marleny Arnoldi

Africa-focused gold miner Endeavour Mining achieved record production at its Ity and Houndé mines, in Côte d'Ivoire and Burkina Faso, respectively, for the year ended December 31, with production... 


Angus Gold welcomes Wesdome as investor
22nd January 2024 By: Creamer Media Reporter

TSX-V-listed Angus Gold has announced a C$4.64-million nonbrokered flow-through private placement, including an investment from Wesdome Gold Mines. The offering will consist of 5.5-million special... 


Barrick president and CE Mark Bristow
Barrick hands over Kahama terminal to Tanzanian govt, revives two mines
22nd January 2024 By: Marleny Arnoldi

International gold miner Barrick Gold Corporation has concluded an eight-month partnership with the Tanzania Airport Authority (TAA) by handing over a new airport terminal built at the closed... 


An image of Perseus executive chairperson and CEO Jeff Quartermaine
Perseus intends to make takeover bid for OreCorp, rivalling Silvercorp
22nd January 2024 By: Tasneem Bulbulia

ASX-listed Perseus Mining has announced its intention to make an off-market takeover offer for all of the issued shares in ASX-listed OreCorp that it does not already own for a cash consideration... 


Rebel fighters in Sudan
Gold riches fuel Sudan militia’s war to rule nation, UN says
22nd January 2024 By: Bloomberg

Sudan’s paramilitary Rapid Support Forces (RSF) group is using large-scale proceeds from gold mining to fund its devastating war against the nation’s army, according to United Nations... 


Oriole signs second earn-in agreement in Cameroon with BCM
19th January 2024 By: Marleny Arnoldi

Gold explorer Oriole Resources has signed a definitive earn-in agreement with BCM International, which will earn up to a 50% interest in Oriole’s Mbe gold project, in Cameroon. This is Oriole’s... 


Sébastien de Montessus
Endeavour Mining says former CEO to lose $29.1m in pay
19th January 2024 By: Bloomberg

Endeavour Mining is stripping its former CEO Sébastien de Montessus of $29.1-million in renumeration after he was fired earlier this month for “serious misconduct". The London-based gold miner... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


OreCorp notes Perseus' meeting with Tanzania officials
18th January 2024 By: Creamer Media Reporter

Australia-listed OreCorp on Thursday confirmed that it had not received any proposal from fellow-listed Perseus Mining to acquire all of the shares in the company. Perseus did express an interest... 


Aton receives mining licence for Abu Marawat concession in Egypt
18th January 2024 By: Tasneem Bulbulia

An exploitation lease, or mining licence, for gold and associated minerals has been issued to TSX-V-listed Aton Resources for its 100%-owned Abu Marawat Concession, in the Eastern Desert of Egypt.... 


Perenti secures A$420m of contract extensions
18th January 2024 By: Creamer Media Reporter

Mining services company Perenti has announced that its underground mining businesses have been awarded contract extensions valued at A$420-million. This includes a 12-month, A$125-million contract... 


Centamin delivers on 2023 guidance, progresses exploration efforts
18th January 2024 By: Marleny Arnoldi

London- and Toronto-listed gold miner Centamin delivered a solid performance in 2023, producing 450 058 oz and delivering on its yearly guidance for a third year. Centamin has set its production... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Expansion on track at Zambian project, First Quantum says
17th January 2024 By: Tasneem Bulbulia

As part of its 2023 Preliminary Production and 2024 to 2026 guidance, published this week, TSX-listed First Quantum Minerals has reiterated its commitment to delivering the S3 Expansion project at... 


Pantoro to start Scotia underground development earlier than planned
17th January 2024 By: Creamer Media Reporter

ASX-listed Pantoro has decided to accelerate the start of development of the Scotia underground mine at its Norseman project, in Western Australia. Development of the underground mine is now... 


Ian Cockerill, Mark Cutifani and Tony O'Neill
South Africa-linked mining luminaries advising on metals industry greening
17th January 2024 By: Martin Creamer

South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive... 


Cosmo Metals to acquire WA gold project
17th January 2024 By: Creamer Media Reporter

ASX-listed Cosmo Metals has signed a term sheet to acquire La Zarza Minerals, which holds the tenements comprising the Kanowna gold project (KGP), in Western Australia. Cosmo MD James Merrillees... 


Evolution Mining eyes worst day in year-and-a-half on production miss
Evolution Mining eyes worst day in year-and-a-half on production miss
17th January 2024 By: Reuters

Shares in Evolution Mining dropped nearly 21% to post their biggest drop in about 18 months on Wednesday, after the miner's second-quarter gold production missed analyst expectations. The stock... 


Barrick meets FY gold and copper guidance
Barrick meets FY gold and copper guidance
16th January 2024 By: Creamer Media Reporter

Canada-headquartered Barrick has achieved its 2023 production guidance, producing 4.05-million ounces of gold and 420-million pounds of copper last year. The 2023 output, however, is a reduction... 


Seventh consecutive year of production growth for Karora
16th January 2024 By: Creamer Media Reporter

The Beta Hunt and Higginsville mines, in Western Australia, have delivered a production record of 160 492 oz in 2023, capping the seventh consecutive year of production growth for Toronto-listed... 


FireFly reports ‘outstanding’ grades at Green Bay
16th January 2024 By: Creamer Media Reporter

Australia-listed FireFly Metals, formerly AuTECO Minerals, has reported “outstanding” high-grade copper and gold assays from its first drilling programme at the Green Bay project, in Canada. As... 


The Booysendal mine
Northam’s interim output up nearly 20%
16th January 2024 By: Tasneem Bulbulia

Platinum group metals miner Northam Platinum has reported a 10.6% year-on-year increase in total equivalent refined metal production from its own operations and a 19.9% year-on-year increase in... 


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