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Gold

Augusta advances Reward project to feasibility study
7th June 2023 By: Creamer Media Reporter

Toronto-listed Augusta Gold has announced it will advance its Reward project, in the Walker Lane district of southern Nevada, to a feasibility study, bringing the company closer to its plan to get... 


Reduced appetite from central banks to bring gold demand down in 2023 - Metals Focus
7th June 2023 By: Reuters

Demand for gold will drop 9% to 4 375 metric tons this year with central banks' appetite falling from last year's all-time high, consultancy Metals Focus said, adding that gold prices would be... 


Kingston re-enters underground development at SOZ
7th June 2023 By: Esmarie Iannucci

ASX-listed Kingston Resources has started work to re-enter the underground development at the Southern Ore Zone (SOZ) in preparation to start the next phase of mining at the Mineral Hill copper and... 


Image shows gold pellets
Perseus returns to Meyas Sand but defers FID
7th June 2023 By: Esmarie Iannucci

Contractors and employees of gold miner Perseus Mining have returned to the Meyas Sand gold project, in Sudan, however, the miner has deferred a final investment decision (FID) on the project. In... 


West Red Lake appoints new CEO as it buys Madsen
West Red Lake appoints new CEO as it buys Madsen
6th June 2023 By: Mariaan Webb

TSX-V-listed West Red Lake Gold Mines, which is buying the Madsen gold mine in Ontario, has appointed Shane Williams as president and CEO, succeeding Tom Meredith, who becomes executive... 


Wesdome names Anthea Bath CEO in industry's rare female hire
6th June 2023 By: Reuters

Wesdome Gold Mines appointed Anthea Bath as its next CEO, a rare example of a female CEO leading a Canadian mining company. Bath, who will join the Toronto-based gold producer on July 1 after... 


Bellevue awarded final permits
6th June 2023 By: Esmarie Iannucci

Gold developer Bellevue Gold has received the final permit for its namesake gold project in Western Australia. The company this week announced that it had received the tailings facility and... 


Image shows core samples
Exploration spend falls in March quarter
6th June 2023 By: Esmarie Iannucci

New data from the Australian Bureau of Statistics (ABS) has shown that mineral and exploration expenditure fell during the March quarter while petroleum exploration expenditure rose. In original... 


Image shows gold nuggets
Westgold makes an offer for Musgrave
6th June 2023 By: Esmarie Iannucci

The board of ASX-listed Musgrave Minerals on Tuesday urged shareholders not to take any action in relation to an unsolicited and conditional off-market takeover offer from fellow listed Westgold... 


Gold Fields CFO Paul Schmidt
Gold Fields announces $1.2bn sustainability-linked loan
5th June 2023 By: Darren Parker

Gold miner Gold Fields has refinanced its $1.2-billion 2019 revolving credit facility (RCF) and, for the first time, the new facility is linked to furthering Gold Fields’ environment, social and... 


Evolution unveils life extension plans for two Australian mines
Evolution unveils life extension plans for two Australian mines
5th June 2023 By: Tasneem Bulbulia

Gold producer Evolution Mining used its 2023 investor day on Monday to unveil a series of significant announcements, including news about life extensions at two of its Australian mines.   At... 


Bellevue gold project ticks final permitting box
5th June 2023 By: Tasneem Bulbulia

Western Australian mining company Bellevue Gold on Monday announced that it had received the tailings facility and water storage permits for its namesake gold project. The approvals, which were... 


Vitaly Nesis has resigned from all executive positions with JSC Polymetal and its subsidiaries. He will retain his position with Polymetal International.
Polymetal considers divestment of Russian business
5th June 2023 By: Reuters

Gold and silver producer Polymetal International is considering divesting its Russian operations and senior managers have resigned from Russia-related duties after the imposition of US sanctions,... 


Sierra Madre to resume trading on TSX-V
5th June 2023 By: Creamer Media Reporter

Precious metals exploration and development company Sierra Madre will resume trading on the TSX-V when the market opens on Monday, following a lengthy process to relist. Shares were halted from... 


Sasscal executive director Dr Jane Olwoch of Namibia.
Green hydrogen atlas results show enormous Southern African potential – Sasscal
5th June 2023 By: Martin Creamer

The results of the green hydrogen atlas for Southern Africa, now readily available online, show enormous potential green hydrogen production throughout the region, the Southern African Science... 


Pearl Gray Equity and Research's  Steve Booyens.
More succinct licence processes are a must to attract exploration investment – researcher
2nd June 2023 By: Martin Creamer

More succinct licence processes are needed to attract exploration investment in South Africa,  Pearl Gray Equity and Research managing partner Steve Booyens said on Friday. “There are loads of... 


Blyvoor Gold CFO Pieter du Preez
Blyvoor appoints seasoned corporate finance executive Du Preez as CFO
2nd June 2023 By: Marleny Arnoldi

Gauteng-based gold miner Blyvoor Gold has appointed Pieter du Preez as CFO, bringing with him more than 25 years of corporate finance and financial management experience. The seasoned corporate... 


Zimbabwe aims to double power output by 2025 to meet mining demand
2nd June 2023 By: Reuters

Zimbabwe's State power utility ZESA aims to more than double national grid capacity by 2025 to respond to increased demand from the mining sector, its chief executive said on Thursday. The country... 


Nothing new from Silver Lake - St Barbara
2nd June 2023 By: Esmarie Iannucci

Gold miner St Barbara on Friday told shareholders that the revised non-binding and indicative offer submitted by ASX-listed Silver Lake Resources earlier this week, offered no material improvement... 


Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell.
Fruitful discussion under way on exploration incentivisation – Minerals Council
1st June 2023 By: Martin Creamer

Fruitful discussions are taking place on flow-through shares to incentivise junior mining and exploration, Minerals Council South Africa’s Junior and Emerging Miners Desk head Grant Mitchell said... 


Lundin Trusts, BHP back Filo's C$100m placement
1st June 2023 By: Creamer Media Reporter

Canadian junior Filo Mining has announced  a C$100-million private placement to fund the continued exploration and development of its Filo del Sol project, in Argentina. The TSX-listed firm... 


Singida gold mine in Tanzania
Singida gold mine in Tanzania achieves commercial production
1st June 2023 By: Darren Parker

Aim-listed Shanta Gold has announced that its Singida gold mine, in Tanzania, has achieved commercial production. CEO Eric Zurrin said this follows a rapid ramp-up period after the first gold pour... 


Mali revises 2023 industrial gold forecast up 6% to 67.7 t
1st June 2023 By: Reuters

Mali has revised its 2023 industrial gold forecast to 67.7 t, up from a previous forecast of 63.9 t, according to mines ministry data shared with Reuters on Wednesday. Mali is one of Africa's top... 


Newmont to invest $540m in Argentina mine
Newmont to invest $540m in Argentina mine
1st June 2023 By: Bloomberg

Newmont, the world’s biggest gold producer, plans to invest about $540-million at its Cerro Negro mine in Argentina, according to the government of the South American nation. The project will... 


China’s Zijin urges Colombia to protect gold mine after attack
1st June 2023 By: Bloomberg

China’s Zijin Mining Group is asking the Colombian government to retake control of the territory surrounding its Buritica gold mine after the operation suffered a new attack. One worker was shot... 


Mineral Resources and Energy Minister Gwede Mantashe
Mining industry has critical role in closing energy supply gap – Mantashe
31st May 2023 By: Darren Parker

Mineral Resources and Energy Minister Gwede Mantashe is convinced that mining companies can supplement State-owned Eskom’s supply of electricity, and that this would be critical for narrowing the... 


Mzila Mthenjane has been appointed CEO of the Minerals Council South Africa
Exxaro's Mthenjane to succeed Baxter as Minerals Council CEO
31st May 2023 By: Darren Parker

The Minerals Council South Africa has officially appointed mining and renewable energy company Exxaro Resources' stakeholder affairs executive head Mzila Mthenjane as its new CEO. He will take over... 


The Öksüt mine
Centerra to restart Öksüt in coming weeks
31st May 2023 By: Mariaan Webb

Dual-listed Centerra Gold on Wednesday announced that it had received an amended environmental impact assessment (EIA) for its Öksüt mine, in Türkiye, paving the way for full operations to be... 


goldplat benoni
Goldplat investing in generators for its South African operation
31st May 2023 By: Darren Parker

Aim-listed mining services group Goldplat has noted impact of ongoing electricity shortages in South Africa on its local operations, confirming to shareholders in a May 31 statement that it had... 


Silver One acquires past-producing Candelaria
31st May 2023 By: Creamer Media Reporter

TSX-V-listed Silver One Resources has acquired a 100% interest in the past producing Candelaria silver mine project, in Nevada, from SSR Mining. In order to obtain its 100% interest, Silver One... 


Eldorado secures C$81.5m EBRD investment, unveils C$135m bought-deal financing
Eldorado secures C$81.5m EBRD investment, unveils C$135m bought-deal financing
31st May 2023 By: Creamer Media Reporter

The European Bank for Reconstruction and Development (EBRD) has agreed to a C$81.5-million strategic investment in Canada-headquartered Eldorado Gold to continue work on its Skouries project, in... 


Image shows Australian currency
Aurelia secures Federation funding, appoints new lead
31st May 2023 By: Esmarie Iannucci

ASX-listed Aurelia Metals has announced a A$140-million funding solution for its Federation project metals project, in New South Wales, while also announcing the appointment of a new MD and CEO.... 


Image shows the Leonora operations
Silver Lake maintains suit for St Barbara assets
31st May 2023 By: Esmarie Iannucci

Gold miner Silver Lake Resources is proving persistent in its suit for ASX-listed St Barbara’s Leonora assets, with the company again providing a revised non-binding and indicative offer for the... 


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