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Resolute shares suspended after Mali demands $160m
Resolute shares suspended after Mali demands $160m
14th November 2024 By: Bloomberg

Resolute Mining suspended trading after Mali demanded the Australian gold miner pay about $160-million to resolve a tax dispute that’s seen its chief executive officer detained. The company’s... 


Thunderbird buys strategic NSW gold/antimony project
13th November 2024 By: Creamer Media Reporter

ASX-listed Thunderbird Resources has entered into an agreement to acquire a prospective antimony and gold exploration land package in New South Wales. The exploration portfolio is located... 


Rox raises cash for WA gold project
13th November 2024 By: Creamer Media Reporter

Rox Resources, the developer of the Youanmi gold mine in the Murchison region of Western Australia, has announced strong investor support for a A$26-million capital raise. The two-tranche... 


A stack of gold bars
IMF urged to cash in on gold price to help poor countries hit by climate change
13th November 2024 By: Reuters

The International Monetary Fund (IMF) should sell 4% of its gold to help offer debt relief to low-income countries devastated by climate-related catastrophes, a study said as climate financing... 


Troilus recently installed solar power at its namesake mine
Troilus advances project financing with $500m German loan guarantee
13th November 2024 By: Creamer Media Reporter

Canadian development-stage mining firm Troilus Gold has taken a step forward in financing its flagship copper and gold project in Quebec, with the receipt of a letter of intent (LOI) from Euler... 


Richard Young
New i-80 Gold CEO unveils fresh development plan, strategic direction
13th November 2024 By: Mariaan Webb

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 


Silver bars
Higher silver supply to reduce global deficit by 4% in 2024
13th November 2024 By: Reuters

The global silver deficit is expected to fall by 4% to 182 million ounces in 2024, with growth of 2% in total supply offsetting demand growth of 1%, the Silver Institute industry association said... 


Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


Javelin to sell Bonaparte project as focus shifts to gold
12th November 2024 By: Creamer Media Reporter

ASX-listed Javelin Minerals has announced the sale of its Bonaparte copper/silver/lead/zinc project in Western Australia’s Kimberley region, marking a shift in its focus towards its core gold... 


Goldplat reports £1.84m operating profit for the Sept quarter
12th November 2024 By: Sabrina Jardim

Aim-listed Goldplat’s two recovery operations in Ghana and South Africa achieved a combined operating profit of £1.84-million excluding listing and head office costs, finance cost and foreign... 


Kingsgate signals strong operational progress at Chatree
Kingsgate signals strong operational progress at Chatree
12th November 2024 By: Creamer Media Reporter

Australia-listed Kingsgate Consolidated has provided an upbeat update on the ongoing ramp-up of its Chatree gold mine, in Thailand, reporting significant operational improvements and its highest... 


Fresnillo says operational issues at Sabinas mine affecting silver production
12th November 2024 By: Reuters

Precious metals miner Fresnillo said on Tuesday that the Sabinas mine, owned by Mexico's top silver miner Industrias Penoles, was experiencing operational difficulties, affecting silver... 


Mbe exploration indicates wider zones of mineralisation
12th November 2024 By: Darren Parker

Aim-listed Oriole Resources has reported that full channel sampling results from Phase 2 infill trenching at the MB01 prospect at its 80%-owned Mbe gold project, in Cameroon’s Adamawa region,... 


Resolute CEO detention in Mali comes amid West Africa mining squeeze
Resolute CEO detention in Mali comes amid West Africa mining squeeze
12th November 2024 By: Bloomberg

Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped... 


Harmony Gold's Mponeng mine
Harmony reports flat production but improved cash flow from higher grades
11th November 2024 By: Darren Parker

JSE- and NYSE-listed Harmony Gold has reported relatively flat year-on-year gold production but announced significant improvements in operational cash flow owing to enhanced recovery grades. In its... 


The Blanket gold mine
Caledonia declares quarterly dividend
11th November 2024 By: Creamer Media Reporter

Zimbabwe-focused gold miner Caledonia Mining Corporation has approved a dividend of $0.14 a share for the quarter ended September 30. The company achieved a net profit of $3.29-million for the... 


South32 makes investment in Canadian copper explorer
South32 makes investment in Canadian copper explorer
11th November 2024 By: Mariaan Webb

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 


Management shake-up at Ausgold
11th November 2024 By: Creamer Media Reporter

Gold development company AusGold, which owns the 3.04-million-ounce Katanning gold project (KGP) in Western Australia, on Monday announced a number of changes to its board and senior management.... 


Stallion sheds antimony project to focus on Athabasca uranium
Stallion sheds antimony project to focus on Athabasca uranium
11th November 2024 By: Mariaan Webb

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 


Sibanye-Stillwater confirms signing of wage agreement with unions
11th November 2024 By: Sabrina Jardim

JSE-listed Sibanye-Stillwater has confirmed that it has concluded wage negotiations at its South African gold operations, which began in July. A one-year agreement was reached with the... 


New chapter for Integra as Great Basin focused miner
New chapter for Integra as Great Basin focused miner
11th November 2024 By: Mariaan Webb

A new chapter has emerged for TSX-V-listed Integra Resources as a precious metals producer in the Great Basin of Western US, with the acquisition of the Florida Canyon mine, in Nevada. On Friday,... 


Hot Chili adds historical La Verde mine to Costa Fuego copper hub
11th November 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed copper explorer Hot Chili has entered into a three-year option agreement to acquire a 100% interest in the historical La Verde openpit copper mine, in Chile. The mine is about... 


Barrick CEO Mark Bristow
Barrick falls behind rivals as No. 2 miner misses boost from bullion boom
11th November 2024 By: Bloomberg

Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and... 


Resolute Mining CEO Terence Holohan
Resolute Mining slumps after Mali detains CEO, two other employees
11th November 2024 By: Reuters

Shares of Australian gold miner Resolute Mining plunged 32% on Monday in their worst day in 16 years, after three of its employees including CEO Terence Holohan were detained by government... 


Native Mineral Resources acquires Queensland projects
8th November 2024 By: Creamer Media Reporter

Gold- and copper-focused Native Mineral Resources (NMR) has announced an agreement to acquire two near-mine, advanced gold projects in Queensland. The deal, NMR MD Blake Cannavo said on Friday,... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


First Nation threatens legal action over Osisko’s Cariboo gold project
First Nation threatens legal action over Osisko’s Cariboo gold project
8th November 2024 By: Mariaan Webb

Gold exploration and development company Osisko Development is facing potential legal challenges over its Cariboo gold project in British Columbia, as the Xatśūll First Nation threatens to take... 


Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
8th November 2024 By: Mariaan Webb

Canadian exploration company Aldebaran Resources has entered into an option agreement to joint venture with Nuton Holdings, a Rio Tinto venture, on the Altar copper/gold project in Argentina. The... 


Gold bars
Gold ETF demand turns positive for year-to-date, says WGC
8th November 2024 By: Reuters

Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold... 


An image of Eloise Nolte
College contributes to improving safety standards
8th November 2024 By: Lumkile Nkomfe

Increased public interest in environmental and safety issues has accelerated the demand for occupational health and safety (OHS) professionals, thereby creating opportunities for individuals with... 


Image of gold bar
Woodlark gold project, Papua New Guinea
8th November 2024 By: Sheila Barradas

The project proposes gold production from low-strip openpit mining of more than 97% measured and indicated mineral resources. 


Drill core from the Springpole gold project
Springpole gold project, Canada – update
8th November 2024 By: Sheila Barradas

First Nation Mining has entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation. 


Location map of the Simberi mine
Simberi sulphides expansion, Papua New Guinea – update
8th November 2024 By: Sheila Barradas

St Barbara has announced plans to raise up to A$110-million to fast-track the expansion. 


Image of Mexico flag and periodic table symbol for copper
Santo Tomas porphyry copper project, Mexico
8th November 2024 By: Sheila Barradas

A revised preliminary economic assessment and updated mineral resource estimate for the North and South zones of the project have proposed a staged openpit mine and processing plant. 


Image of South Africa flag and periodic table symbold for platinum, palladium, rhodium and gold
Waterberg project, South Africa
8th November 2024 By: Sheila Barradas

The independent definitive feasibility study published in September 2019 has been updated. 


Regis takes federal govt to court over McPhillamys
Regis takes federal govt to court over McPhillamys
7th November 2024 By: Mariaan Webb

Gold miner Regis Resources is taking legal action against the Australian government over a decision that has effectively halted its McPhillamys gold mine project in New South Wales. The ASX-listed... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


Pueblo Viejo
Barrick Gold misses profit estimates on higher costs, lower Nevada production
7th November 2024 By: Reuters

Canada's Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold... 


Jubilee achieves key milestones in advancing copper strategy, delivers strong PGM performance
7th November 2024 By: Sabrina Jardim

Diversified metals producer Jubilee Metals has reported organic growth in its South African operations, which the company says are now well-established and consistently delivering strong results.... 


Hummingbird faces buyout, Aim delisting amid financial constraints
7th November 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources and African investment company CIG’s wholly-owned subsidiary Nioko Resources Company have announced a proposed debt restructuring, a partial debt-to-equity... 


NUM to sign wage agreement with Sibanye-Stillwater
7th November 2024 By: Sabrina Jardim

Labour union the National Union of Mineworkers (NUM) is set to sign a wage agreement on behalf of its members at the Sibanye-Stillwater gold operations, in South Africa, on November 8, in Boksburg,... 


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