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First Majestic starts bullion sales from First Mint
27th March 2024 By: Mariaan Webb

Silver and gold miner First Majestic has announced the start of bullion sales from its fully-owned and -operated minting facility, in Nevada, US. First Mint vertically integrates a manufacturing... 


Goldsource has closely watched Mako's successful development of the San Albino mine.
Mako Mining to buy Goldsource Mines
27th March 2024 By: Creamer Media Reporter

TSX-V-listed Mako Mining on Tuesday announced it would buy fellow-listed Goldsource Mines, creating a diversified gold producer with a platform for growth. The transaction will create a company... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


Caracal raising £780 000
26th March 2024 By: Darren Parker

Gold producer Caracal Gold is raising £780 000 by way of a subscription through the issue of 260-million new ordinary shares of £0.001 in the company at a price of £0.003 a share. The funds of the... 


Top Australian gold miner seeks to expand Kalgoorlie ‘Super Pit’
Top Australian gold miner seeks to expand Kalgoorlie ‘Super Pit’
26th March 2024 By: Bloomberg

Northern Star Resources is seeking to expand its flagship Fimiston gold mine in Western Australia and extend the life of the project to 2034. Kalgoorlie Consolidated Gold Mines, which is wholly... 


Majestic Gold flags potential China acquisition
26th March 2024 By: Creamer Media Reporter

British Columbia-based Majestic Gold has announced a letter of intent (LoI) to acquire a gold project in China. Majestic, through its 70.5%-owned Persistence Resources Group subsidiary, will... 


Many Peaks acquires advanced Cote d’Ivoire projects
26th March 2024 By: Mariaan Webb

Mineral exploration company Many Peaks on Tuesday revealed an agreement to acquire exploration assets belonging to Turaco Gold in Cote d’Ivoire. The announcement triggered a surge in the junior’s... 


The New Afton mine
Former Newmont CEO named New Gold chair
26th March 2024 By: Creamer Media Reporter

Richard O’Brien, the former CEO of Newmont Mining, has been appointed to the board of Canadian mining company New Gold. Upon the retirement of Ian Pearce in August, O’Brien will assume the role of... 


At Harmony Gold's Eva copper project in Australia.
Harmony’s Eva copper mine project in Australia granted special ‘prescribed’ status
25th March 2024 By: Martin Creamer

The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and... 


Kefi progresses funding for Ethiopia project
25th March 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has achieved further positive developments at the its high-grade Tulu Kapi gold project in Ethiopia, as it prepares for full launch in the first half of this year.... 


Gold bars
OreCorp recommends shareholders accept amended Perseus offer
25th March 2024 By: Marleny Arnoldi

ASX-listed OreCorp has recommended to shareholders that they accept an amended offer made by ASX- and TSX-listed Perseus Mining to buy out all shares it does not own in the company for A$0.575... 


Goldplat remains profitable despite South African headwinds
25th March 2024 By: Tasneem Bulbulia

Aim-listed Goldplat, with gold recovery operations in South Africa and Ghana, continued to achieve profitable results for the six months ended December 31, 2023, despite some of the difficult... 


US US Secretary of Energy Jennifer Granholm
$475m in US govt funding for clean energy projects on former mine land
25th March 2024 By: Creamer Media Reporter

The US Department of Energy (DoE) has announced up to $475-million in funding for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment... 


Newmont’s Akyem Ghana gold mine draws Chinese interest
24th March 2024 By: Reuters

Newmont Corp. has kicked off the sale of its Akyem gold mine in Ghana, which is attracting interest from potential bidders including Chinese producers amid soaring prices for the metal, people with... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Calidus raises A$16.5m through share placement
22nd March 2024 By: Darren Parker

ASX-listed Calidus Resources has received firm commitments from institutional, sophisticated and professional investors for the placement of about 143.6-million new fully paid ordinary shares at an... 


Guinea flag map
Predictive says Bankan PFS to be published in April
22nd March 2024 By: Marleny Arnoldi

ASX-listed Predictive Discovery has informed shareholders that a prefeasibility study on the Bankan gold project, in Guinea, will be published in mid-April, which is later than the initially... 


Burkina Faso Council of Ministers recommends approval for Toega mining permit
22nd March 2024 By: Sabrina Jardim

The Burkina Faso Council of Ministers has recommended approval of the draft decree for the issue of a mining permit for the Toega gold deposit to ASX-listed West African Resources. Consistent with... 


aXedras chosen as service provider for LBMA’s Gold Bar Integrity Database
22nd March 2024 By: Tasneem Bulbulia

Independent precious metals authority the London Bullion Market Association (LBMA) has appointed independent information technology provider aXedras as the official service provider for its newly... 


Small-scale mining operations
LBMA seeking to integrate small and artisanal miners into the legitimate gold supply chain
22nd March 2024 By: Rebecca Campbell

Independent precious metals authority LBMA has launched a major initiative to support the integration of artisanal and small-scale mining (ASM) into the legitimate global gold supply chain, through... 


One of Boliden's mines in Sweden
Boliden sees $48m hit to Q1 profit from strike in Finland
22nd March 2024 By: Reuters

Sweden's Boliden expects a hit of around 500-million crowns ($47.6-million) to its first-quarter operating profit from an ongoing industrial strike in Finland, the company said. Of the 500-million... 


An image showing Centamin's Sukari gold mine
Centamin achieves 25% y/y increase in Ebitda
22nd March 2024 By: Tasneem Bulbulia

Established gold miner Centamin achieved a 25% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation to $398-million for the year ended December 31, 2023,... 


Perpetua to sell silver royalty for $8.5m
22nd March 2024 By: Tasneem Bulbulia

TSX-listed Perpetua Resources has entered into a royalty agreement with a wholly-owned subsidiary of Franco-Nevada pursuant to which Perpetua, through its subsidiaries, sold Franco-Nevada a royalty... 


Hummingbird, Corica in dispute over Kouroussa contract
20th March 2024 By: Sabrina Jardim

Mining services provider Corica Mining Services says the restart of work at Hummingbird Resources’ Kouroussa mine, in Guinea, is conditional on the payment of certain funds it believes it is due... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Uranium
Sibanye appoints veteran Cochran to oversee uranium developments
20th March 2024 By: Marleny Arnoldi

Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1. He will be responsible for developing and driving strategies to realise and optimise the... 


Gold bars
Perseus increases takeover offer price of OreCorp to A$0.575
20th March 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 


Rescuers battle rubble and water in race to save 13 trapped Russian miners
20th March 2024 By: Reuters

Rescuers in Russia's far east battled rubble and water on Wednesday in an attempt to save 13 miners who have been trapped 120 metres underground in a gold mine for nearly two days. The miners were... 


Namibia Critical Metals sells noncore assets
20th March 2024 By: Creamer Media Reporter

TSX-V-listed Namibia Critical Metals has announced the sale of four non-material gold properties in Namibia to Sylla Gold. Sylla will issue to Namibia Critical Metals three-million common shares... 


Larvotto announces $8m funding for Hillgrove
Larvotto announces $8m funding for Hillgrove
20th March 2024 By: Mariaan Webb

ASX-listed Larvotto Resources has signed a nonbinding term sheet for $8-million financing to develop the Hillgrove antimony and gold mine, in New South Wales. A funding package from Wogen... 


The Tropicana mine
AngloGold swings to loss on lower gold sales, higher costs
19th March 2024 By: Tasneem Bulbulia

Gold miner AngloGold Ashanti recorded a basic loss of $235-million or $0.56 a share, for the year ended December 31, 2023, compared with basic earnings of $233-million, or $0.55 a share, for the... 


Blyvoor
Katoro to cease all investment in Blyvoor, Namibian Iron Ore
19th March 2024 By: Darren Parker

Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold and the need to focus on a clear pathway to high-value business activities,... 


Saturn Resources increases its offer for Shanta shares
19th March 2024 By: Tasneem Bulbulia

Saturn Resources (Bidco) confirms that it has reached an agreement with the independent Shanta directors on the terms of a recommended increased and final cash offer by Bidco for the entire issued,... 


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