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Canada-based Eldorado Gold has increased the capital expenditure (capex) estimate of the Skouries project, in Greece, to $920-million, but between the project finance facility and balance sheet,...
Following a five-month handover period, Newmont has completed its COO transition and starting next week, Rob Atkinson will transition all his remaining responsibilities to new COO, Natascha...
Despite the boon of improved uranium demand, overall, depressed commodity prices and costly operating conditions are emphasising the need for Namibian mining companies to ensure that they mine a...
Platinum group metals (PGMs) producer and developer Sylvania Platinum says its revenue and net profit for the 2023 financial year remained respectable, despite the impact of a significantly lower...
JSE- and NYSE-listed Gold Fields has declared a total dividend of R7.45 a share for the year ended December 31, with $703-million in attributable profit having been generated. The attributable...
Canada-based gold miner Equinox Gold has finished 2023 strongly, not only achieving its gold guidance, but also setting out plans for a big step up in output this year. Equinox, which has seven...
JSE-listed Harmony Gold's share price rose by more than 5% on February 22 after the company reported that its earnings per share (EPS) for the six months ended December 31, 2023, were likely to...
Australian gold miner Northern Star on Thursday declared a record interim dividend of 15c a share, complementing its A$300-million share buyback programme that remains open. Driven by higher gold...
The Portfolio Committee on Defence and Military Veterans has claimed that the deployment of the South African National Defence Force (SANDF) in support of the South African Police Service to...
ASX- and TSX-listed Perseus Mining has entered into a cooperation agreement with Ajlan & Bros Mining & Metals Company (ABM), the mining division of Saudi Arabia-based investment conglomerate...
Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration...
South African development finance institution the Industrial Development Corporation (IDC) has begun work to complete its due diligence investigation as part of its proposed R300-million (about...
Copper and gold are expected to see the largest immediate price boost in the commodities sector from potential US Federal Reserve interest rate cuts, analysts at Goldman Sachs said. "The immediate...
Toronto-listed Abcourt Mines on February 13 started processing gold at its Sleeping Giant mill,near Amos, Quebec. The mill operated at 20 t/h during this first week. On Monday, the mill began to...
Construction of the Premier gold project, in the prolific Golden Triangle of north-western British Columbia, is nearing completion and early commissioning is now under way. First ore delivery to...
Considering that environmental, social and governance (ESG) aspects have become increasingly important over the years, especially in the mining industry, gold producer DRDGOLD emphasises that its...
Canada-based Osino Resources is walking away from a takeover by gold miner Dundee Precious Metals (DPM) and has instead opted to accept an offer from a foreign-based mining company. The...
Technology training company Forge Academy has launched a new Fourth Industrial Revolution (4IR) training centre and two courses in partnership with mining company Sibanye-Stillwater. The first two...
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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