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Mid-tier gold producer Pan African Resources has acquired the remaining 92% of Tennant Consolidated Mining Group (TCMG) in Australia. The company disclosed on November 5 that the acquisition was...
Scandinavia-based gold developer Akobo Minerals, which owns and operates the Segele gold mine, in Ethiopia, has issued an unsecured convertible loan totalling NKr25.3-million with contributions...
ASX-listed Wia Gold has received firm commitments from new and existing shareholders, including institutional and sophisticated investors, for a A$30-million placement of 200-million new fully paid...
Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third...
Vancouver-based Teck Resources will today outline its investment pathway to grow copper production to 800 000 t/y before the end of the decade. Teck president and CEO Jonathan Price and members of...
Gold was steady as the market braced for a tight US election, and a Federal Reserve rate decision later in the week. Uncertainty around the presidential vote on Tuesday has aided bullion in the...
Australia’s St Barbara on Tuesday announced plans to raise up to A$110-million to fast track the expansion of its Simberi gold mining operation, in Papua New Guinea. St Barbara aims to accelerate...
ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a...
Gold company Spartan Resources has reached an agreement to sell two noncore gold projects in Western Australia to fellow ASX-listed Benz Mining for A$15.6-million in cash and scrip. “The Glenburgh...
ASX- and JSE-listed Orion Minerals has appointed Avishkar Nagaser corporate communications and investor relations executive. Nagaser was previously investor relations and corporate affairs...
The biggest silver producer in the US, Hecla, has a new president and CEO. The NYSE-listed company on Monday announced Rob Krcmarov as president and CEO, succeeding Cassie Boggs, who served in an...
Zambia’s plans to take bigger stakes in some mining projects won’t impact existing operations in the country, including exploration activities, according to a senior government official. The mines...
Canadian project developer First Nation Mining said last week that it had entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation that will provide capacity to...
ASX- and Aim-listed Aura Energy has announced the appointment of Mohamed El Moctar Mohamed El Hacene to the newly established role of country manager Mauritania. Hacene is a qualified Mauritanian...
Gold gained — following its biggest one-day drop since July — as traders waited for key US jobs data and weighed potential market disruption ahead of the looming presidential election. Bullion...
Aim-listed gold producer Hummingbird Resources is expecting to receive the second tranche of a $20-million loan facility from lender CIG in the next few days. On September 27, Hummingbird announced...
Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,...
Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the...
Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused...
Unveiled in mid-September, equipment maker Caterpillar’s (Cat’s) new energy management system – Dynamic Energy Transfer (DET) – offers the ability to transfer electrical energy to both...
The high electricity tariff scenario should prompt underground miners to make full use of every bit of self-generation potential that is available to them. For decades attention has been drawn to...
The Tropicana Joint Venture is extending its current operations at the Tropicana mine.
A preliminary economic assessment has outlined a high-grade combined openpit and underground mine.
Montage Gold has announced a financing package totalling $825-million to fund project construction.
ASX-listed Pantoro has announced a binding agreement to sell the Halls Creek project, in Western Australia, to Kimberley Minerals for A$8-million. Kimberley is a member of privately held,...
Gold miner Asante Gold has announced plans for a $525-million financing package to fund its growth plans and to recapitalise its short-term liabilities. The financing package is planned in two...
Gold and copper miner Newmont has applied to the Federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This would necessitate...
A panel of global leaders in mining, technology and engineering have shared crucial insights at the International Mining and Resources Conference + Expo (IMARC), in Sydney, Australia, into how...
Healthy inflows into global gold exchange-traded funds (ETFs) were a major driver of growth in gold demand in the third quarter, and combined with continued over-the-counter investor interest, this...
Gold reached a record high in early Asian trading on Wednesday, as traders digested the latest US economic data and weighed potential market disruption ahead of the looming presidential election....
Australia-listed FireFly Metals has announced a 42% increase in the mineral resource estimate at its Green Bay copper/gold project, now totaling 59-million tonnes at 2% copper equivalent, equating...
Toronto-listed New Gold has announced the completion of a significant production milestone at the New Afton copper and gold mine, in British Columbia, and the Rainy River gold mine, in Ontario....
LSE-listed Hochschild Mining on Wednesday announced that it had exercised its option to acquire a 100% interest in the Monte Do Carmo project from TSX-V-listed Cerrado Gold. The project is located...
Aim-listed Sylvania Platinum’s Sylvania Dump Operations (SDO), in South Africa, has produced 19 160 oz of platinum, palladium, rhodium and gold (4E) platinum group metal (PGM) in the quarter ended...
The shareholders of gold miners AngloGold Ashanti and Centamin have approved the deal whereby AngloGold intends to acquire Centamin for $2.5-billion. The majority shareholder approval follows a...
Gold miner Capricorn Metals has secured board approval for a A$120-million expansion of its Karlawinda gold project (KGP) in the Pilbara region, targeting production of 150 000 oz/y. Coupled with...
ASX-listed gold miner Resolute Mining has reported a mixed performance for the quarter ended September 30, as unprecedented rains affected mining operations at Mako, in Senegal, and the oxide...
Two treatment plants for Acid Mine Drainage (AMD) near Johannesburg have received a boost to their efficiency, thanks to IPR’s innovative SlurrySucker dredging unit. The problem of AMD has beset...
TSX-V-listed Minera Alamos has announced the acquisition of the past-producing Copperstone mine, in Arizona, diversifying its jurisdictional exposure with the addition of the US to its existing...
London-listed Caracal Gold has been granted a mining licence for the Kanegele project, in Tanzania. Following the formal application of two mining licences submitted in December 2023, Caracal...
TSX-listed Aura Minerals has announced the acquisition of TSX-V-listed Bluestone Resources, gaining the Cerro Blanco gold project and the adjacent Mita geothermal project in Guatemala. The...
Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. The government is ordered to “expedite...
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