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Photo of Martin Creamer
On-The-Air (01/03/2024)
1st March 2024 By: Martin Creamer

Martin Creamer discusses gold mining project and two huge wind and sun energy projects. 


Goldstone’s ride could be over unless funding can be found
1st March 2024 By: Darren Parker

Aim-listed Goldstone is still trying to raise additional funds to provide working capital for its operational development and to settle various balances owed to outstanding creditors. In the event... 


Barrick's Bulyanhulu mine, in Tanzania
New chemical tech at Barrick’s Buylanhulu mine results in cleaner tailings, better recoveries
1st March 2024 By: Marleny Arnoldi

Following a successful trial of chemical technologies provider Draslovka’s GlyCat glycine leaching technology at global miner Barrick Gold’s Buylanhulu mine, in Tanzania, the gold miner has started... 


Photo of Martin Creamer
Gold, carbon emissions, renewable projects make headlines
1st March 2024

Mining Weekly Editor Martin Creamer the R7.9-billion life-of-mine extension project at the Mponeng gold mine; the recent delivery of Anglo American’s tenth emission-cutting ship; and the two huge... 


OT governance is a business imperative for Africa’s mines
1st March 2024

Koos Fourie, technical director, & Theuns Nieuwenhuizen, technical manager, at Sedna Industrial IT Solutions Operational technology (OT) governance is no longer a nice to have, but a business... 


Metcon post image
MineShift highlights the importance of advancing African beneficiation
1st March 2024 By: Tracy Hancock

The need to ensure that Africa realises the vast potential for socioeconomic upliftment presented by the on-continent beneficiation of its abundant endowment of precious-metals and stones was... 


An image of World Gold Council senior market strategist John Reade
Demand trends show increasing need for gold production
1st March 2024 By: Trent Roebeck

With the price of gold at an all-time high, gold-producing African States – such as South Africa, West African countries and sub-Saharan Africa countries – can benefit from the increased demand for... 


An image of Coface Africa economist Aroni Chaudhuri
Gold price set to increase despite challenges
1st March 2024 By: Trent Roebeck

Despite challenges that may cause the price of gold to fluctuate, it is set to remain high this year, owing to “uncertainties linked to the stacked electoral calendar globally”, says leading trade... 


An image of the SX4 spiral separator
Degritting spiral reduces carbon costs for gold miners
1st March 2024

Amid tough economic conditions, metallurgy and process engineering solutions developer Multotec has responded to the challenge of the high costs associated with using activated carbon in gold... 


An image of Rand Refinery CEO Praveen Baijnath
Refiner highlights ethical gold provenance mark
1st March 2024

In highlighting its efforts to ensure gold provenance, fineness and quality, Germiston-based gold refiner Rand Refinery says its RandPure mark emphasises its commitment to sourcing and producing... 


An image of SA Bullion co-CEOs Imran and Clint O'Brien
Gold demand and price increase promising for industry
1st March 2024 By: Trent Roebeck

Gold has proven to be an enduring and reliable asset, especially during challenging times, with demand for gold by central banks remaining stable in 2023, which is likely to continue this year, say... 


MANUFACTURING INVESTMENT
Multotec has invested in manufacturing facilities and storage space to support the growth of its export business.
Firm wins Exporter of the Year award
1st March 2024

International minerals processing specialist Multotec has won the South African Capital Equipment Export Council’s (SACEEC’s) Exporter of the Year Award in the category for companies with a... 


Photo of Terence Creamer
Full transparency
1st March 2024 By: Terence Creamer

The decision to drawdown R150-billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to reduce government borrowings and surging debt-servicing costs was the major feature... 


Image of the Carmen De Andacollo mine
Carmen de Andacollo mine, Chile
1st March 2024 By: Sheila Barradas

A copper/gold mine in Coquimbo region, central Chile. 


IMAGE OF SANBRADO GOLD OPERATIONS
Sanbrado underground gold project, Burkina Faso
1st March 2024 By: Sheila Barradas

A scoping study has proposed the development of an underground development beneath the M5 South openpit at the Sanbrado gold mine. 


Image of Dugbe drill core
Dugbe gold project, Liberia – update
1st March 2024 By: Sheila Barradas

Hummingbird Resources has welcomed subsidiary company Pasofino Gold's announcement of the start of exploration activities at Bukon Jedeh – a high-priority target area within the Dugbe gold project. 


Image of gold pour
North Bullfrog gold project, US – update
1st March 2024 By: Sheila Barradas

The project has been approved. 


Image of gold nugget and dust
Premier gold project, Canada – update
1st March 2024 By: Sheila Barradas

Construction of the project is nearing completion. 


Aerial view of Skouries gold project
Skouries gold/copper project, Greece – update
1st March 2024 By: Sheila Barradas

Eldorado Gold has increased the capital expenditure estimate of the project. 


Image of gold ore
Twin Hills gold project, Namibia – update
1st March 2024 By: Sheila Barradas

On February 25, 2024, Osino and Yimtai announced that that they had entered into a binding arrangement – the Yintai Arrangement Agreement – pursuant to which Yintai will acquire all the outstanding... 


Pic of locations of the WBP site deposits
Witwatersrand basin project – Qala Shallows Phase 1 – South Africa – update
1st March 2024 By: Sheila Barradas

South African development finance institution the Industrial Development Corporation has started work to complete its due diligence investigation as part of its proposed R300-million debt facility... 


Polyus posts 2023 profit jump on higher output, gold prices
Polyus posts 2023 profit jump on higher output, gold prices
29th February 2024 By: Reuters

Russian gold producer Polyus's net profit rose 12% to $1.7-billion last year thanks to increased production and sales, it said on Thursday, but it expects lower gold output in 2024 and warned that... 


Zimbabwe flag
Galileo reaches 80% shareholding in Zim-focused BC Ventures
29th February 2024 By: Marleny Arnoldi

London-listed Galileo Resources has met all conditions required to acquire an additional 51% shareholding in BC Ventures, which, coupled with its existing 29% shareholding, now adds up to an 80%... 


Harmony Gold FD Boipelo Lekubo.
Green energy integrated into Harmony Gold operations, uranium surprises on upside
29th February 2024 By: Martin Creamer

Green electrons are being generated as planned at Harmony Gold’s 30 MW first phase of renewable energy generation, which is now fully integrated into the mining company’s Tshepong South and North... 


South32 CEO Graham Kerr
South32 exits coal with Australia’s Illawarra sale
29th February 2024 By: Mariaan Webb

Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that... 


Harmony Gold CEO Peter Steenkamp.
Harmony Gold board approves R7.9bn project on back of superb half-year results
28th February 2024 By: Martin Creamer

The board of mining company Harmony Gold has approved the commencement of a R7.9-billion life-of-mine (LoM) extension project at the rich Mponeng gold mine in the West Wits region of South Africa's... 


Russia's new silver mine to start selling concentrate in Q3
Russia's new silver mine to start selling concentrate in Q3
28th February 2024 By: Reuters

Russia's new silver mine Prognoz, one of two major projects coming online around the world this year, will start selling silver concentrate in the third quarter of 2024, its owner told Reuters on... 


An image showing ARM's Two Rivers operation
ARM warns of lower interim earnings on the back of lower prices
28th February 2024 By: Tasneem Bulbulia

Diversified miner African Rainbow Minerals (ARM) says it expects its headline earnings for the six months ended December 31 to have decreased by between 40% and 50% year-on-year to between... 


Drill core recovered from the Segele mine, in Ethiopia
Akobo finalises debt restructuring agreement
28th February 2024 By: Darren Parker

Scandinavia-based gold exploration and mining company Akobo Minerals, which has operations in Ethiopia, has finalised an agreement regarding completion of its debt restructuring. This follows the... 


The Sanbrado mine plant
West African Resources upgrades planned production to more than 4Moz over the next decade
28th February 2024 By: Marleny Arnoldi

ASX-listed West African Resources expects to produce more than four-million ounces of gold over the next ten years, with production to peak at about 473 000 oz/y in 2029. The company owns the... 


West Red Lake raises cash for Madsen
West Red Lake raises cash for Madsen
28th February 2024 By: Creamer Media Reporter

TSX-V-listed West Red Lake Gold Mines has announced a $20-million private placement to raise funds to advance the development of a restart plan for the Madsen gold mine, in Ontario. The company... 


Euro Sun Mining CEO Grant Sboros.
South African leading critical mining project in Romania where red tape is being cut
27th February 2024 By: Martin Creamer

Toronto-listed Euro Sun Mining, headed by South African CEO Grant Sboros, is advancing a development-stage gold and copper project in Romania, a country which is reportedly shedding its rigidly... 


Brazil, France partner to tackle illegal mining in French Guiana
27th February 2024 By: Reuters

Brazil and France are set to sign an international cooperation agreement that would allow police from both countries to launch joint operations aimed at tackling illegal mining in French Guiana,... 


Chinese money still chasing Canadian critical mining deals despite Ottawa's scrutiny
Chinese money still chasing Canadian critical mining deals despite Ottawa's scrutiny
27th February 2024 By: Reuters

A year after Canada tightened foreign investment rules for the critical minerals sector, Chinese money has continued to pour into Toronto-listed miners, according to proprietary research conducted... 


Red Rock, partner to establish test programme at Burkina Faso project
27th February 2024 By: Creamer Media Reporter

Natural resource development company Red Rock Resources and its partner, Hong Kong-headquartered company Riverstone Resources, will set out to implement a test programme at the Bilbale gold... 


Hummingbird highlights potential for Bukon Jedeh exploration to expand Dugbe project's resource
27th February 2024 By: Creamer Media Reporter

Aim-listed Hummingbird Resources has welcomed subsidiary company Pasofino Gold's announcement of the start of exploration activities at Bukon Jedeh – a high-priority target area within the Dugbe... 


First Mining receives permits for temporary winter road to Springpole
27th February 2024 By: Creamer Media Reporter

Toronto-listed First Mining has received construction permits for a temporary winter road to the Springpole gold project exploration camp site, which will allow for the safe transport of supplies... 


An aerial view of the Sabodala-Massawa Expansion project
Sabodala-Massawa Expansion project on track for first gold pour in May
27th February 2024 By: Creamer Media Reporter

Wet commissioning activities are now under way at the Sabodala-Massawa Expansion project, also called the BIOX Expansion project, in Senegal, says London- and Toronto-listed Endeavour Mining. The... 


Industry expert shares 6 things that will shape South African mining in the months ahead
27th February 2024

This year’s Mining Indaba, which convened under the theme of “Embracing the power of positive disruption: A bold new future for African Mining”, was well-timed, given the winds of change that are... 


Fury Gold Mines buys Éléonore South from Newmont
Fury Gold Mines buys Éléonore South from Newmont
27th February 2024 By: Creamer Media Reporter

Canada-focused exploration company Fury Gold Mines on Monday announced that it would buy Newmont’s 49.978% interest in the Éléonore South project for C$3-million. Situated in a prolific... 


Northern Star shows support for PolarX
Northern Star shows support for PolarX
27th February 2024 By: Creamer Media Reporter

Global-scale Australian gold miner Northern Star has agreed to fully underwrite exploration and development company PolarX’s entitlement offer that seeks to raise about A$4.92-million. PolarX will... 


Cameroon flag
Oriole confirms high-grade mineralisation at Mbe from partner’s soil sampling
26th February 2024 By: Marleny Arnoldi

Sub-Saharan African miner BCM International Group has uncovered gold mineralisation grading 256 g/t from outcrop sampling and 25.1 g/t gold from pit sampling over a 3-km-long target on the Mbe gold... 


Yintai Gold to buy Canadian gold exploration firm Osino for C$368m
26th February 2024 By: Reuters

China-based Yintai Gold on Sunday said it will acquire Canadian gold exploration firm Osino Resources in an all cash deal for C$368-million. Osino will end its C$287-million deal with Canadian... 


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