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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... 


Zimbabwe central bank accumulates almost a ton of gold reserves
13th February 2024 By: Bloomberg

Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels mining companies to pay part of their royalties using the metal. The reserves... 


Tulu Kapi stakeholders commit to proceed with project development
13th February 2024 By: Sabrina Jardim

Following meetings with senior representatives of stakeholders for aim-listed Kefi Gold and Copper’s Tulu Kapi Gold project, in Ethiopia, at this year’s Investing in African Mining Indaba, all... 


Horizon and Greenstone merge to create new WA gold miner
Horizon and Greenstone merge to create new WA gold miner
13th February 2024 By: Mariaan Webb

ASX-listed Horizon Minerals and Greenstone Resources on Tuesday announced a merger to create a new emerging gold producer in the Western Australia goldfields. Under the scheme of arrangement,... 


Perpetua receives more government funding
12th February 2024 By: Tasneem Bulbulia

TSX-listed Perpetua Resources’ wholly owned subsidiary, Perpetua Resources Idaho, has been conditionally awarded up to $34.6-million in additional funding under the existing Technology Investment... 


Harmony retains ‘A’ score for water management
12th February 2024 By: Marleny Arnoldi

Gold miner Harmony Gold has maintained its Carbon Disclosure Project (CDP) score of ‘A’ for its water management during the 2023 assessment period. CDP is a global nonprofit organisation that... 


Black Cat extends timing of $51m funding package
12th February 2024 By: Tasneem Bulbulia

ASX-listed Black Cat Syndicate has extended the timing of its remaining A$51-million funding package from February 28, to May 31. Subject to completion, the funding package will be used to restart... 


Katoro takes steps to reinvigorate the company
12th February 2024 By: Tasneem Bulbulia

Aim-listed Katoro Gold, which holds mining assets in Africa, has secured new financing and is implementing business and development changes, along with board changes, to reinvigorate the company.... 


Northern Nevada ‘far from being mature district’, says Barrick Gold
Northern Nevada ‘far from being mature district’, says Barrick Gold
12th February 2024 By: Creamer Media Reporter

Northern Nevada, in the US, remains highly prospective for new gold discoveries and is “far from being a mature gold district”, says NYSE- and TSX-listed Barrick Gold CEO Mark Bristow. Using the... 


Bezant advances early works at Namibia project
9th February 2024 By: Marleny Arnoldi

In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted... 


Kin Mining completes sale of WA gold deposits
9th February 2024 By: Creamer Media Reporter

ASX-listed Kin Mining has completed the sale of selected gold deposits in the Cardinia gold project, in Western Australia, to fellow-listed Genesis Minerals. The completion of the transaction this... 


Paulsens refurbishment off to a strong start – Black Cat
9th February 2024 By: Creamer Media Reporter

ASX-listed Black Cat Syndicate has started refurbishment works on the processing facility at the Paulsens gold mine, in Western Australia. The company, which in November unveiled a new restart... 


Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 


Akobo secures NKr6-million bridge loan from shareholders
9th February 2024 By: Darren Parker

Scandinavian gold exploration and mining company Akobo Minerals has secured a NKr6-million bridge loan. As part of the ongoing efforts to secure new funding, the company said on February 9 that it... 


Barrick gold bars
Barrick grows its reserve base for third successive year
9th February 2024 By: Darren Parker

NYSE- and TSX-listed Barrick Gold has reported growth in attributable proven and probable gold mineral reserves by five-million ounces before 2023 depletion, while also striving to maintain the... 


New Gold eyes strong production growth, lower costs
New Gold eyes strong production growth, lower costs
9th February 2024 By: Mariaan Webb

Canada-based miner New Gold is forecasting higher production and lower costs over the next three years, driving significant free cash flow for the company. The TSX- and NYSE American-listed firm... 


Minerals Council CEO Mzila Mthenjane
Mining industry sustainability hinges on energy, logistics reforms, Minerals Council stresses
9th February 2024 By: Schalk Burger

The sustainability of the South African mining industry and its ability to play a meaningful and positive role in society and the economy are dependent on urgent and extensive structural reforms in... 


African Pioneer extends Ongombo prospecting licence, upgrades mineral resource estimate
8th February 2024 By: Darren Parker

London-listed exploration and resource development company African Pioneer has been notified that the exclusive prospecting licence (EPL) 5772, 40 km northeast of Windhoek, Namibia, has been... 


Biodegradable cellulose gloves inventor wins 2024 Mining Innovation and Research award
8th February 2024 By: Schalk Burger

Industry association Women in Mining Kenya founder Grace Akinyi won the Mining Innovation and Research Battlefield 2024 competition with her 'Eco Green Gold’ concept to produce biodegradable gloves... 


The Kibali gold mine
Barrick highlights importance of socioeconomic development in poor countries
8th February 2024 By: Rebecca Campbell

The need to counter climate change and protect the environment should not distract attention from the need to achieve socioeconomic development in poor countries, Barrick Gold corporate... 


An image of World Gold Council climate change lead and market relations director John Mulligan
Gold mining industry striving to build on sustainability strides
8th February 2024 By: Tasneem Bulbulia

Striving for sustainability in every facet of the gold mining industry’s value chain is imperative and while considerable progress has been made in several areas, including responsible practices... 


Gold-plate South Africa
Goldplat’s Ghana business excels while South African op stumbles
7th February 2024 By: Darren Parker

Aim-listed mining services group Goldplat has reported an “exceptional” second quarter at its gold recovery business in Ghana, achieving an operating profit of £1.82-million, up from about... 


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pqt: 2.091s - ct: 2.209s - 349pq - 2rq
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