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Gold
Miner soars past hurdles, aims to expand in 2023
By: Nadine Ramdass 3rd March 2023 The refurbished Bibiani mine along with the Chirano mine, located in the north-western region of Ghana, are ahead of their respective timelines and expect to extend their life-of-mine to more than ten years. Gold production, exploration and development company Asante Gold Corporation expects to... →
Blockchain platform ensures traceability
By: Nadine Ramdass 3rd March 2023 Small-scale miners require market access, capital and expertise to continue to mine and grow their operations, while buyers require traceability. The lack thereof often results in buyers not trusting small-scale miners, which creates a barrier to entry. UK-based technology startup Minexx notes... →
Investors pursue bullion over gold stock
By: Nadine Ramdass 3rd March 2023 While investors have slowly moved away from investing in individual gold mining companies, interest in buying gold as an investment increased towards the end of 2022. However, the lack of investor interest in stock, and the resultant lack of capital expenditure for mines, continues to negatively... →
Patented reactor doing well globally
By: Nadine Ramdass 3rd March 2023 Metallurgical technology company GoldOre has secured many international clients interested in their patented MACH Reactor. However, despite the success the company has garnered overseas, it has experienced difficulty in expanding in the local market. The proudly South African, 100% black-owned... →
Rest of 2022 holds many potential demand outcomes
By: Tracy Hancock 1st July 2022 Amid heightened economic and geopolitical uncertainties, the remainder of the year holds a range of potential outcomes for gold demand, says World Gold Council (WGC) Europe, the Middle East and Africa senior analyst Louise Street. “Looking at investment demand, there is a ‘push-and-pull’ effect... →
Gold miner’s journey producing results
By: Tracy Hancock 1st July 2022 After 14 months, South Africa’s largest gold producer by volume, Harmony, is just under halfway through its humanistic transformation journey called ‘Thibakotsi’, which aims to embed a culture of safety across its operations, says investor relations head Jared Coetzer. “The most significant... →
Alignment breeds success
By: Tracy Hancock 1st July 2022 There seems to be a misperception that if South Africa mechanises and/or digitises its mines, all the country’s problems will disappear, according to business management consultant company OIM Consulting. But this is not the case, states OIM Consulting MD Arjen de Bruin, whose company has been... →
Oriole achieving good progress on sampling in Cameroon
By: Tasneem Bulbulia 23rd May 2022 Aim-listed Oriole Resources has achieved good progress during an early-stage sampling programme on the eastern portion of its 90%-owned Central Licence Package (CLP) in central Cameroon, CEO Tim Livesey says. The district-scale CLP comprises eight contiguous licences of previously unexplored... →
Gold project shows promising results
4th March 2022 Aim-listed exploration company Oriole Resources, in the last quarter of 2021, completed soil sampling over the southwest region of the Wapouzé licence as well as trenching over previously-identified soil anomalies at the Bataol zone in the east. The Wapouzé gold project in Cameroon is 90%-owned... →
Miner announces appointment of CFO
4th March 2022 Canadian-headquartered gold company Asante Gold Corporation in January announced the appointment of CFO Jon Grygorcewicz following the recent retirement of Philip Gibbs. Grygorcewicz has previous financial management experience working with companies such as the Australian Stock Exchange and as... →
NEW FIND Asante's new CFO will enhance our mine development team
Trench programme proves promising
4th March 2022 The trenching programme on the Fié trend at the Kobada gold project in southern Mali, undertaken by Canadian-headquartered miner African Gold Group (AGG), has shown promising results. AGG’s principal asset is the Kobada project, which is in an advanced stage of development having completed the... →
STRIKING GOLD The trenching programme on the Fié trend at the Kobada gold project in southern Mali shows promising results
DRDGOLD
4th March 2022 DRDGOLD is the only South African mining company involved solely in the retreatment of surface gold tailings and is one of the oldest JSE-listed companies. Coupled with our performance in HY2022, the company bears testimony to the resilience of a business model that has been several years in the... →
Mine transitions to owner-operator mining
4th March 2022 Gold miner Centamin’s underground operations at its Sukari gold mine in Egypt have shifted away from being mined by contractors to an owner-operated mine, owing to an independently managed contractor tender process. This change comes after the end of the five-year contract at the mine and is... →
SETTING THE GOLD STANDARD Centamin’s flagship asset, the Sukari gold mine, is Egypt’s largest and first modern gold mine
Local gold industry shows potential – advisory
4th March 2022 Data released by national statistical service Statistics South Africa indicate that the mining sector continues to contribute substantially to the country’s gross domestic product, owing to the high commodity prices of gold, platinum-group metals and iron-ore, says Vahlengwe Mining Advisory CEO... →
GOING FOR GOLD Mabaso explains that the local gold mining industry can return to its former glory
Dewatering processes necessary for gold mines
By: Sabrina Jardim 4th March 2022 Dewatering processes at gold mines can mitigate unsafe working conditions for miners, says AQS Liquid Transfer industrial sales manager Howard Jones. “The capital expenditure required for the correct and most reliable pumping equipment is minute in comparison with the costs associated with the... →
Mining law experts say innovation key to SA gold mining
By: Sabrina Jardim 4th March 2022 Despite a decline in the South African gold mining industry over the past few years, gold production in the country remains the second largest in Africa, and remaining gold mines are still expected to have a significant lifespan, says ENSafrica senior associate Mihlali Sitefane and associate... →
Responsible sourcing needed
By: Cameron Mackay 25th June 2021 In 2019, South African authorities granted 19 refining licences, while in the rest of sub-Saharan Africa, 26 refineries were either completed or under construction; these refineries increase the likelihood of local beneficiation and can help prevent illegal gold mining or smuggling. Gold refiner... →
Company announces recovery operations’ profit
By: Cameron Mackay 25th June 2021 Gold miner Goldplat’s recovery operations achieved a combined operating profit of £4.2-million (compared with £1.053-million in March 2020) for the nine months ended March 31, 2021, as well as a combined operating profit in the third quarter (Q3) of this year of £1.16-million (compared with... →
Miner investing in operational improvements
By: Cameron Mackay 25th June 2021 Gold miner Pan African Resources is continuing to invest in its assets locally and improve its operations, including its Barberton Mines Complex, in Mpumalanga; its Evander mine, in Gauteng; and its acquired Mintails’ gold tailings deposit, states Pan African Resources CEO Cobus Loots. Production... →
Firm’s developments can exploit gold resurgence
By: Cameron Mackay 25th June 2021 Despite the effect of the Covid-19 pandemic on gold production last year, production has increased this year, as more producers are building capacity and mining projects resume. As a reagent supplier, Axis House is conducting testwork and plant application trials at local gold producers. →
Gold sales are up, but production is declining
By: Halima Frost 26th February 2021 In its ‘2020 Facts and Figures’ pocketbook, published last month, Minerals Council South Africa notes that despite a total increase in gold sales of 2% South Africa’s gold production figures decreased by 13.7%. The Minerals Council attributes this to “structurally weak fundamentals underpinning... →
Positive results after gold remains resilient
By: Halima Frost 26th February 2021 The worth and resilience of gold has been proven, yet again, with midtier gold producer Pan African Resources reporting very strong results for the financial year ended in June 30, 2020 (FY20), and reasserting its aim to be debt free during 2021. Pan African Resources investor relations head... →
On track to meet production guidance
26th February 2021 Harmony Gold Mining Company announced last month that it is on target to meet yearly gold production guidance of between 1.26-million ounces and 1.3-million ounces after producing 23 183 kg in the six months ended December 31, 2020. Total production for the quarter ended December 31, 2020... →
Global gold event taking place in SA
26th February 2021 The Southern African Institute of Mining and Metallurgy (SAIMM) has announced that, together with the Canadian Institute of Mining, Metallurgy and Petroleum and the Australasian Institute of Mining and Metallurgy, it will be hosting the World Gold 2021 conference in August. The conference will be... →
Webinar highlights aims for artisanal gold project
By: Halima Frost 26th February 2021 Zahabu Safi project deputy chief of party Lazarre Potier highlighted the three key objectives of the project during a webinar held last month on ‘Exploring gold potential in the Democratic Republic of Congo (DRC)’, which was aimed at drawing attention to the gold prospects of a country renowned... →
Identifying gold and associated elements with the SciAps Z-300 handheld analyser
26th February 2021 It is now possible to map elemental distribution in geological samples in the field, using the SciAps Z-300 handheld laser induced breakdown spectroscopy (LIBS) analyser, available from Gammatec. LIBS is a form of atomic emission spectroscopy (AES) that can produce a comprehensive spectral... →
Wieland SA
30th September 2020 Wieland SA celebrates 45 years of supplying high-quality, semi-finished copper and copper alloy products to the local and export markets. Based in Edenvale, Johannesburg, Wieland SA specialises in producing high-performance low- and high-finned mono- and bi-metal tubes. →
Refinery prepares for ramp-up
By: Mamaili Mamaila 26th June 2020 In line with the Level 4 and Level 3 regulations announced by South Africa’s Cooperative Governance and Traditional Affairs Minister Dr Nkosazana Dlamini-Zuma, precious metals refining and smelting complex Rand Refinery is preparing to ramp up its operations. →
Tanzanian miner expands to Kenya
By: Mamaili Mamaila 26th June 2020 Aim-listed Tanzanian gold mining company Shanta Gold has acquired TSX-listed Barrick Gold Corporation’s Acacia Exploration subsidiary, in Kenya. →
Nature of mining thwarts pandemic response
By: Mamaili Mamaila 26th June 2020 As almost all of South Africa’s gold mines are underground operations, the lockdown essentially brought this sector to a halt for some time, says independent consulting firm of engineers and scientists SRK Consulting. →
Gold secure in times of crisis – WGC
By: Mamaili Mamaila 26th June 2020 The inflows into the gold exchange-traded fund products are indicative of the strength of gold’s “safe haven” appeal. →
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