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Polymetal CEO Vitaly Nesis
Polymetal to sell Russian unit for $3.7bn
19th February 2024 By: Bloomberg

Gold miner Polymetal International will sell its sanctioned Russian unit in a deal worth a total of nearly $3.7-billion, the Kazakhstan-registered firm said in a statement. The business will be... 


New Cascabel PFS cuts initial capex
19th February 2024 By: Creamer Media Reporter

London- and Toronto-listed SolGold has announced the results of a new prefeasibility study (PFS) for the Cascabel project, in Ecuador, which supports a phased block cave mine development that... 


SSR Mining says environmental permit for Turkey mine has been revoked
SSR Mining says environmental permit for Turkey mine has been revoked
19th February 2024 By: Reuters

Canada-listed gold miner SSR Mining said late on Sunday that its environmental permit for a gold mine in eastern Turkey has been revoked. The operations at the company's Copler mine will remain... 


Cosmo exercises option to acquire Kanowna project
19th February 2024 By: Creamer Media Reporter

Gold and base metals exploration company Cosmo Metals on Monday announced it would acquire the Kanowa Gold Project (KGP), located adjacent to the seven-million ounce Kanowa Belle gold mine,... 


NewPeak sells Finland, NZ gold assets as it switches to battery metals
19th February 2024 By: Mariaan Webb

Australia-based NewPeak Metals has announced the sale of its Finland and New Zealand gold permits as part of the company’s strategic rejuvenation plan to focus on battery and critical metals. The... 


SSR Mining says eight employees detained after Turkey mine landslide
SSR Mining says eight employees detained after Turkey mine landslide
19th February 2024 By: Reuters

Gold miner SSR Mining said on Friday that eight of its employees have been detained amid an investigation into a landslide at its mine in Turkey and that operations there remain suspended. SSR... 


Big new Canada gold mine to enter production next month
Big new Canada gold mine to enter production next month
16th February 2024 By: Mariaan Webb

The Côté gold mine, in Sudbury, Ontario, is on the cusp of production, Toronto-listed Iamgold reported on Thursday. The project entered 2023 with construction about 64% completed and finished the... 


Long stop date for Xtract’s disposal of Mozambique project extended
16th February 2024 By: Tasneem Bulbulia

Aim-listed Xtract Resources says the long stop date in relation to the disposal of its entire interests in the Manica gold project, in Mozambique, has been extended from February 15 to February 23... 


An image of Sylvania Platinum CEO Jaco Prinsloo
Updated MRE for Sylvania’s Volspruit project shows improved grades
16th February 2024 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has announced the completion of a mineral resource estimate (MRE) update for its Volspruit project, located on the Northern Limb of the Bushveld Complex in South... 


Kin Mining proposes merger with PNX Metals
16th February 2024 By: Mariaan Webb

Following the recently completed sale of certain gold deposits to Genesis Minerals, ASX-listed Kin Mining is well-funded with A$75-million in cash and liquid assets and is now looking for potential... 


Three dead as bus carrying B2Gold employees attacked in Mali
16th February 2024 By: Reuters

B2Gold Corp on Thursday said three of its employees died after sustaining injuries in an attack on an employee transport convoy in Mali. A bus transporting B2Gold employees from the Fekola Mine to... 


Energy transition driving continued surge in metals, mining M&A activity
16th February 2024 By: Tasneem Bulbulia

The ongoing surge in mergers and acquisitions (M&A) activity in the metals and mining sector is expected to continue into this year, driven by the global energy transition, with industry players... 


Magazine cover image
Can SA mining prevent more hostage dramas in 2024?
16th February 2024 By: Darren Parker

Since October of last year, several unlawful underground protests have raised serious concerns about the potential emergence of a new trend in which frustrated underground mineworkers turn to... 


John Thornton
Barrick’s Thornton moves from executive chairman to chairman
15th February 2024 By: Bloomberg

Barrick Gold’s executive chairman John Thornton has moved from executive chairman to chairman after nearly a decade in the position. The change is “best suited for the company’s next growth... 


Sean Wade to be appointed Katoro chairperson subject to due diligence
15th February 2024 By: Tasneem Bulbulia

Aim-listed Katoro Gold has announced the proposed appointment of Sean Wade as nonexecutive chairperson of the company, conditional only on the satisfactory completion of stock market due diligence,... 


Ariana mulls further involvement in Zim project following due diligence drilling
15th February 2024 By: Marleny Arnoldi

Aim-listed Ariana Resources has completed 1 222 m of diamond drilling for due diligence purposes on the Dokwe gold project, in Zimbabwe. The company is targeting the Dokwe North and Dokwe Central... 


Kinross carrying 2023 momentum into 2024, CEO says
15th February 2024 By: Mariaan Webb

Canada-headquartered Kinross Gold had a “great year” in 2023, CEO Paul Rollinson said on Wednesday, reporting that the company had met its production, cost and capital guidance, as well as... 


Barrick CEO Mark Bristow.
Barrick replaces 140% of gold reserve, no need for ‘dilutionary or delusionary’ M&A
15th February 2024 By: Martin Creamer

New York- and Toronto-listed mining company Barrick has replaced more than 140% of its gold reserves in the last five years and more importantly at the same grade, Barrick CEO Dr Mark Bristow... 


The Copler mine in Turkey
Landslide at SSR’s Turkish mine triggers cyanide spill concerns
15th February 2024 By: Bloomberg

A landslide at a gold mine in eastern Turkey triggered concerns of cyanide contamination in western Asia’s longest river. The incident at the Copler mine dislodged ten million cubic meters of... 


Chinese firm selected as preferred EPC partner for $30m Theta contract
Chinese firm selected as preferred EPC partner for $30m Theta contract
14th February 2024 By: Mariaan Webb

Gold development company Theta Gold Mines has selected Yellow River Co (YRC), a subsidiary of Power Construction Corporation of China, for the construction of its TGME gold plant, tailings storage... 


Barrick CEO Mark Bristow
Barrick CEO not interested in piecemeal talks over First Quantum assets
14th February 2024 By: Reuters

Barrick Gold CEO Mark Bristow said on Wednesday he was not interested in piecemeal discussion when asked whether the company would consider bidding for any of First Quantum Minerals' assets. "I'm... 


The Pueblo Viejo operation in the Dominican Republic
Barrick targets higher output this year after missing FY guidance
14th February 2024 By: Creamer Media Reporter

old is forecasting higher gold production in 2024, setting a target of 3.9-million to 4.3-million ounces for the year. This compares with gold production of 4.05-million ounces this year, which... 


DRDGOLD CEO Niël Pretorius
DRDGOLD reports near R1bn operating profit despite 7% production dropoff
14th February 2024 By: Darren Parker

Despite its gold production for the six months to December 31, 2023, having decreased by 7%, owing to a 13% drop in throughput, DRDGOLD managed to return an operating profit of R909.3-million, with... 


DRDGOLD surface mining
DRDGOLD says dust control measures seem to be working
14th February 2024 By: Darren Parker

JSE-listed DRDGOLD has reported that only 0.6% out of 632 dust monitoring sites registered an exceedance in terms of the stipulated regulatory thresholds across its operations. “Because our... 


An image showing Pan African Resources' Mogale project
Pan African on track to deliver full-year guidance following strong interim period
14th February 2024 By: Tasneem Bulbulia

Gold miner Pan African Resources delivered an “excellent” safety, production and financial performance for the six months ended December 31, 2023, which positions the group well to deliver on its... 


Sibanye's nickel operation in Brazil
Sibanye attains A- rating for water management, climate change disclosures
14th February 2024 By: Marleny Arnoldi

JSE- and NYSE-listed Sibanye-Stillwater has attained an A- rating for its water security and climate change disclosures by Carbon Disclosure Project (CDP) for the 2023 assessment period. CDP is a... 


The Copler mine
Rescue workers search for missing gold miners after Turkey landslide
14th February 2024 By: Reuters

Rescue workers battled to find nine workers trapped under earth after a landslide at a gold mine in eastern Turkey on Wednesday, the interior minister said, while state media said four people were... 


The New Afton mine
New Gold to reach free cash flow inflection point this year, says CEO
14th February 2024 By: Mariaan Webb

Canadian gold miner New Gold has executed on its key priority of stabilising its operations and delivering consistent results throughout the year, CEO Patrick Godin said on Tuesday. “2023 was a... 


Hammer and Carnaby initiate merger talks
14th February 2024 By: Mariaan Webb

Exploration company Hammer Metals on Wednesday confirmed that it was in discussions regarding a potential merger with fellow ASX-listed Carnaby Resources. The discussions were at a “relatively... 


The Red Lake mine in Canada
Evolution H1 profit dips, focus at Red Lake is to produce reliably
14th February 2024 By: Mariaan Webb

Australian gold miner Evolution Mining on Wednesday posted a 4% drop in half-year net profit to A$96.9-million, but underlying profit increased and the company declared its twenty-second... 


SSR Mining halts gold production in Turkey after landslide, shares tank
SSR Mining halts gold production in Turkey after landslide, shares tank
14th February 2024 By: Reuters

Gold miner SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing and sparked a more than 50% plunge in its Toronto-listed... 


Gold Fields to post lower production, HEPS for 2023
13th February 2024 By: Marleny Arnoldi

Ahead of publishing its full results for the year ended December 31 next week, JSE-listed Gold Fields has advised that it expects attributable gold production for the year to be 2.3-million ounces,... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


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pqt: 1.758s - ct: 1.85s - 348pq - 2rq
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