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Black Cat releases updated study for ‘cash cow’ Paulsens
Black Cat releases updated study for ‘cash cow’ Paulsens
8th May 2024 By: Mariaan Webb

ASX-listed Black Cat Syndicate has released the May 2024 restart study for the Paulsens gold mine, which details substantially higher returns than the November study on the back of a stronger gold... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
8th May 2024 By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


The Tasiast mine
Kinross records 20% margin surge, free cash flow triples
8th May 2024 By: Mariaan Webb

Canadian miner Kinross has kicked off the year on a robust note, marking a 20% surge in margins and a remarkable tripling of its free cash flow. In its first-quarter report unveiled this Tuesday,... 


West Red Lake announces C$30m bought-deal offering
8th May 2024 By: Creamer Media Reporter

West Red Lake, the owners of the Madsen gold mine in Ontario, has announced a C$30-million bought deal public offering of units. The TSX-V-listed firm entered into an agreement with Raymond James... 


De Grey raises A$600m for WA gold project
De Grey raises A$600m for WA gold project
8th May 2024 By: Creamer Media Reporter

Western Australian gold explorer and developer De Grey Mining has launched a fully underwritten A$600-million equity raising, derisking the equity component of the financing for the Hemi project.... 


VoltVision expands operational footprint in Africa and the Middle East with four new contracts
8th May 2024

VoltVision, the high voltage (HV) electrical data analytics business is pleased to report that it is continuing to expand across the African and Middle Eastern mining sectors.  Following successful... 


B2Gold says Goose project slightly behind schedule
B2Gold says Goose project slightly behind schedule
8th May 2024 By: Mariaan Webb

Development of the Goose openpit and underground project, in Nunavut, is running slightly behind schedule, with the first gold pour pushed out by one quarter. Senior gold producer B2Gold explains... 


Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Avanti chairperson Sir Samuel Jonah
Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana
7th May 2024 By: Marleny Arnoldi

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana.... 


Kefi progressing Ethiopian gold project towards launch
7th May 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 


Gold Fields CEO Mike Fraser
South Deep gold output well down as Gold Fields implements recovery plan
7th May 2024 By: Martin Creamer

With first-quarter gold production down 34% at South Deep gold mine, Gold Fields is focusing on setting up the well-endowed long-life Gauteng operation for longevity, quality ounces and sustainable... 


Panthera restructures ownership of Mali, Nigeria projects
7th May 2024 By: Tasneem Bulbulia

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa,... 


Kore Potash to list on the A2X
7th May 2024 By: Tasneem Bulbulia

Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14. It is already... 


St Barbara harnesses AI to boost production at Simberi mine
St Barbara harnesses AI to boost production at Simberi mine
7th May 2024 By: Mariaan Webb

Australian mining company St Barbara is set to increase its production at the Simberi mine over the next three years, following the successful use of artificial intelligence- (AI-) based algorithms... 


20MW solar array at the Bellevue gold project
Bellevue accelerates next leg of growth strategy
7th May 2024 By: Creamer Media Reporter

Western Australian miner Bellevue Gold has initiated expansion studies at its namesake gold project, in Western Australia, following the successful commissioning and ramp-up of the new mine.... 


Central Puerto eyes stake in McEwen’s Argentina copper project
7th May 2024 By: Bloomberg

Central Puerto, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter. After recently... 


Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
6th May 2024 By: Reuters

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper mine, a Pakistan government document... 


Theta raises $10m
6th May 2024 By: Creamer Media Reporter

ASX-listed Theta Gold Mines, which owns gold assets in South Africa, has received a firm commitment from Hong Kong Ruihua Investment Management to invest $10-million in the company through a share... 


Growth in platinum jewellery demand continues in most key markets
6th May 2024 By: Sabrina Jardim

In its latest Platinum Jewellery Business Review (PJBR) for the fourth quarter of 2023,  marketing organisation Platinum Guild International (PGI) has reported that India’s jewellery market... 


Gold edges higher as investors mull mixed US economic signals
6th May 2024 By: Bloomberg

Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation. The precious metal fell as much as... 


Regis to spend up to A$150m on two new underground gold mines
Regis to spend up to A$150m on two new underground gold mines
6th May 2024 By: Mariaan Webb

Gold miner Regis Resources on Monday announced it would develop two new underground mines that are forecast to deliver between 100 000 oz/y and and 120 000 oz/y from 2027. Developing the Garden... 


Argentina mining exports up 4.3% in 2023 as industry confidence grows
6th May 2024 By: Reuters

Argentina's mining exports grew 4.3% in 2023 over the year, driven by lithium, an industry group said on Friday, expressing confidence that the country's ample metals and minerals deposits can help... 


Okiep
Orion Minerals in final stages of Okiep acquisition
6th May 2024 By: Darren Parker

ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern... 


The Tenke Fungurume mine in the DRC
Congo's $7bn infrastructure deal with China will depend on copper prices
6th May 2024 By: Reuters

About $7-billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of... 


Costa Fuego is one of a limited number of globally significant copper developments not owned by a major mining company.
Hot Chili arranges nearly A$30m for Chile copper project
6th May 2024 By: Creamer Media Reporter

ASX-listed copper miner Hot Chili has arranged about A$30-million in funding to accelerate its Costa Fuego copper project, located in the coastal range of Chile. The company, which also trades on... 


Harmony reports second fatality in a week
3rd May 2024 By: Creamer Media Reporter

A rock drill operator has died following a fall-of-ground incident at Harmony Gold Mining Company's Doornkop mine, in Gauteng, on May 2. “We are deeply saddened by this loss of one of our... 


Anglo's unusual mix of niche commodities — it’s the only large miner with big diamonds and platinum operations, for example — is seen as one of the reasons that the company hasn’t been successfully targeted in the past.
What’s Anglo worth? For now it’s less than the sum of its parts
3rd May 2024 By: Bloomberg

As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American actually worth? Anglo’s shares... 


West Wits to raise A$1.4m
3rd May 2024 By: Sabrina Jardim

To strengthen its balance sheet and fund its ongoing operations, ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to... 


Change as a Tradition –  The Raw Materials Sector in Sustainable Transformation
Change as a Tradition – The Raw Materials Sector in Sustainable Transformation
3rd May 2024

Author: Jens-Peter Lux, Managing Director, DMT GROUP The development and wealth of our society have always been connected to the availability and management of raw materials. They have a... 


O3 terminates option to acquire Aurbel mill
3rd May 2024 By: Creamer Media Reporter

Exploration and development company O3 Mining has terminated its option with Eldorado Gold to acquire the Aurbel mill, which is located about 10 km from its Alpha property in Quebec. In 2022, O3... 


Photo of Martin Creamer
Value creation, exploration, Harmony Gold projects make headlines
3rd May 2024

Mining Weekly Editor Martin Creamer discusses Barrick's recently revealed first quarter results where discovery and development were punted as the true drivers of value creation in mining; South... 


Treasury Metals combines with Blackwolf
Treasury Metals combines with Blackwolf
3rd May 2024 By: Mariaan Webb

Canadian companies Treasury Metals and Blackwolf Copper and Gold have announced a merger to advance the Goliath Gold Complex (GGC) project in Ontario towards production with a strengthened... 


Canadian junior kicks off exploration programme in Bougainville
3rd May 2024 By: Creamer Media Reporter

Island Passage Development Canada Limited (IPDC) has announced the initiation of a large-scale mineral exploration programme on Bougainville island, marking the first major exploration effort since... 


New Talisman pursues fast track approval for NZ mine
3rd May 2024 By: Mariaan Webb

New Talisman Gold Mines has formally applied for the inclusion of the Talisman mine project in New Zealand’s Fast Track Approvals Bill, which is currently under review by Parliament. The Bill, an... 


Greatland eyes full ownership of Havieron amid Newmont's potential divestment
Greatland eyes full ownership of Havieron amid Newmont's potential divestment
3rd May 2024 By: Mariaan Webb

London-listed Greatland Gold is contemplating reclaiming full ownership of the Havieron gold/copper project in Western Australia, should Newmont divest of its 70% stake, says MD Shaun Day. The... 


Magazine cover image
SA’s largest boat builder eyes growing share of global ocean-cruising catamaran market
3rd May 2024 By: Irma Venter

It’s easy to overlook the sheer magnitude of Robertson and Caine’s (R&C’s) operations in Cape Town. The company’s ten boat-building factories and assembly lines are dotted across the city – from... 


Electric trucks too expensive? Now you can rent one from Volvo Trucks SA
3rd May 2024 By: Irma Venter

Volvo Trucks South Africa (SA) has introduced an equipment-as-a-service (EaaS) model for its new electric truck rental business. Following last year’s launch of Volvo electric trucks in South... 


Image of gold bars
Lafigué gold project, Côte D'Ivoire – update
3rd May 2024 By: Sheila Barradas

Development is expected to start shortly. 


Image of gold bars
Blackwater gold project, Canada – update
3rd May 2024 By: Sheila Barradas

The project is continuing on schedule. 


Image of gold pour
Tocantinzinho gold project, Brazil – update
3rd May 2024 By: Sheila Barradas

G Mining Ventures has successfully drawn the remaining $33-million on its $75-million senior secured term loan. 


Image of Sabodala_Massawa CIL
Sabodala-Massawa gold mine expansion, Senegal – update
3rd May 2024 By: Sheila Barradas

Endeavour Mining announced the project's first gold pour on April 28. 


Image of gold nuggets
McPhillamys gold project, Australia
3rd May 2024 By: Sheila Barradas

Regis Resources plans to build a seven-million-tonne-a-year operation in Kings Plains, New South Wales. 


Underground construction employee dies at Harmony's Mponeng mine
2nd May 2024 By: Creamer Media Reporter

Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, died at its Mponeng mine near Carletonville, in Gauteng, on May 1. The... 


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pqt: 3.399s - ct: 3.505s - 483pq - 4rq
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