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Gold company Scottie Resources has announced a C$8.1-million financing package with Franco-Nevada, encompassing a 2% gross production royalty on all minerals produced on Scottie’s claims in the...
Gold held near a fresh record and silver hit a two-year high as two Federal Reserve officials said they still expect the US central bank to cut rates three times in 2024, buoying the outlook for...
The long-awaited McPhillamys project, in New South Wales, would require about A$1-billion before it produced its first gold, owner Regis Resources said on Wednesday. In a definitive feasibility...
Argentinean businessman and entrepreneur Eduardo Elsztain has acquired an initial 5% stake in Challenger Gold and has signalled an intention to take a larger stake pending a more detailed due...
Bill Trew has stepped down as chairperson of Aim-listed Goldstone Resources, effective April 1. Further, the company, which owns gold exploration assets in Ghana, continues to advance its capital...
JSE- and NYSE-listed Gold Fields on Tuesday cautioned of lower first-quarter production, citing operational challenges at the South Deep mine, in South Africa, and weather-related events in...
The new Salares Norte mine, in Chile, has produced its first gold, Johannesburg- and New York-listed Gold Fields reported on Tuesday. The new mine, which is key to the company achieving its gold...
Operations at the Gruyere joint venture (JV), in Western Australia’s north-eastern Goldfields, will start resuming during the first week of April, midtier miner Gold Road Resources reported on...
Canada-focused FireFly Metals has announced A$52-million in funding to accelerate resource growth at its Green Bay copper and gold project, in Newfoundland. The Australia-listed company last week...
NYSE- and TSX-listed Iamgold has successfully completed the inaugural gold pour at its newest mine in Canada – Côté, in Ontario. The company now has three operating mines, joining Essakane, in...
Global commodities trader Glencore is investing a further C$2.1-million into Stillwater Critical Minerals, providing financial support for the continued exploration of the company’s North American...
Gold rose to a record as the second quarter kicked off, extending a rally that’s been driven the Federal Reserve edging closer to rate cuts and deepening geopolitical tensions. Bullion jumped as...
The project is on track to start production in the fourth quarter.
Kefi Gold and Copper has achieved further positive developments at the Tulu Kapi gold project.
A new prefeasibility study has determined that over an initial 28-year mine life, Cascabel could produce 4.3-million tonnes of copper equivalent.
Hot Chili has signed a memorandum of understanding (MoU) with Puerto Las Losas to evaluate bulk tonnage loading alternatives for copper concentrates from the project.
West Wits Mining has reported that the company is in good stead to develop the project.
Centamin is aiming to complete the definitive feasibility study by midyear.
Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to...
Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the...
Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on...
Gold miner Caledonia Mining notes in its operating and financial results for the year ended December 31, 2023, that its performance was in line with both market expectations and production...
The Mineral Resources Authority (MRA) of Papua New Guinea has instructed a temporary halt to underground operations at the Kainantu gold mine operated by K92 Mining. This directive follows an...
Karora Resources, a Western Australia-focused mining company listed on the TSX, announced on Wednesday that it has concluded discussions with Ramelius Resources and that it is now exploring...
Global mining powerhouse BHP on Thursday announced that Don Lindsay, the former CEO of Teck Resources, would join its board on May 1 as a nonexecutive director. With a 17-year tenure at the helm...
Canadian miner Alamos Gold has announced its acquisition of smaller rival Argonaut in an all-stock deal valued at $325-million. The move is poised to create a gold miner with a combined long-term...
Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to...
Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and...
London- and Toronto-listed Endeavour Mining has assured shareholders that the board’s audit committee has determined that there are no material weaknesses in the group’s internal controls over...
Most rescue efforts have been suspended at a gold mine in Russia's far east, where 13 miners were trapped by a rock fall on March 18, due to the risk of another collapse, state news agency TASS...
Silver and gold miner First Majestic has announced the start of bullion sales from its fully-owned and -operated minting facility, in Nevada, US. First Mint vertically integrates a manufacturing...
TSX-V-listed Mako Mining on Tuesday announced it would buy fellow-listed Goldsource Mines, creating a diversified gold producer with a platform for growth. The transaction will create a company...
Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg...
In the realm of industrial operations, where precision is paramount, and reliability is non-negotiable, one component’s importance should never be underestimated – lubricants. These fluids are...
Gold held Monday’s gain as investors remained cautious ahead of key US inflation data, which may provide traders with a firmer view on when the Federal Reserve will start cutting interest rates....
Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc. Raw...
Gold producer Caracal Gold is raising £780 000 by way of a subscription through the issue of 260-million new ordinary shares of £0.001 in the company at a price of £0.003 a share. The funds of the...
Northern Star Resources is seeking to expand its flagship Fimiston gold mine in Western Australia and extend the life of the project to 2034. Kalgoorlie Consolidated Gold Mines, which is wholly...
British Columbia-based Majestic Gold has announced a letter of intent (LoI) to acquire a gold project in China. Majestic, through its 70.5%-owned Persistence Resources Group subsidiary, will...
Mineral exploration company Many Peaks on Tuesday revealed an agreement to acquire exploration assets belonging to Turaco Gold in Cote d’Ivoire. The announcement triggered a surge in the junior’s...
Australia-based FireFly Metals has signed a port access agreement for concentrate from its Green Bay copper and gold project, in Newfoundland, Canada. The ASX-listed company, which on Tuesday also...
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