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Shanta discovers promising mineralisation around New Luika, Singida mines
9th April 2024 By: Marleny Arnoldi

Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert... 

Perpetua gets nod to pursue $1.8bn US loan for gold/antimony mine
Perpetua gets nod to pursue $1.8bn US loan for gold/antimony mine
9th April 2024 By: Mariaan Webb

Nasdaq- and TSX-listed Perpetua Resources has received a letter of interest from the Export-Import Bank of the US (Exim), signalling a step forward in its financing endeavours for the Stibnite gold... 

Aris appoints CFO, senior VP for capital markets
9th April 2024 By: Creamer Media Reporter

Toronto-listed Aris Mining has announced the appointment of Richard Orazietti as CFO and Oliver Dachsel as senior VP of capital markets. Welcoming the two new additions to Aris’ management team,... 

Vale withdraws from Serabi exploration venture
9th April 2024 By: Mariaan Webb

Diversified miner Vale has opted to withdraw from an exploration venture with Serabi Gold, as confirmed by the Aim- and TSX-listed mining and development said on Monday. Despite this change, CEO... 

The gold market hunts for answers behind bullion’s sudden surge
The gold market hunts for answers behind bullion’s sudden surge
9th April 2024 By: Bloomberg

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously... 

Cora to start exploration drill programme at Senegal project
8th April 2024 By: Sabrina Jardim

West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to... 

Emmerson to raise funds to advance Khemisset technology, EIA
8th April 2024 By: Marleny Arnoldi

Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the... 

Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson
8th April 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 

James Mufara appointed Caledonia COO
8th April 2024 By: Tasneem Bulbulia

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 

Exploration licence over Senala project renewed
8th April 2024 By: Sabrina Jardim

The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in... 

Orion to sell A$593m Capstone stake
8th April 2024 By: Mariaan Webb

Three Orion funds are set to divest an 8.3% stake in Capstone Copper through a secondary offering, with an anticipated value of A$592.8-million. The deal involves a strategic block trade agreement... 

An image of the Abujar gold project
Tietto delivers record quarterly gold production at Côte d’Ivoire project
8th April 2024 By: Tasneem Bulbulia

West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d’Ivoire, for the quarter ended March 31. Milling rates increased... 

South32 earns majority stake in Minsud’s Argentina subsidiary
8th April 2024 By: Creamer Media Reporter

Diversified miner South32 has earned a majority stake in Minera Sud Argentina (MSA), an indirect subsidiary of TSX-V-listed Minsud that owns and operates the Chita Valley project. Minsud has... 

An image of Perseus chairperson and CEO Jeff Quartermaine
Perseus declares its offer for OreCorp unconditional
8th April 2024 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has declared that its off-market takeover bid offer for all the current and to be issued ordinary shares in ASX-listed OreCorp is now unconditional, and best and... 

Peter Grosskopf: 'I’ve never seen it dislocate quite like this.'
Biggest gold miners are missing out on bullion's record run
8th April 2024 By: Bloomberg

The world’s biggest gold miners are at risk of missing out on the metal’s record run after spending billions of dollars to become the obvious home for bullion-focused investors. Despite gold... 

Uranium explorer Toro demerges nickel, gold projects
8th April 2024 By: Mariaan Webb

Uranium development and exploration company Toro Energy on Monday announced the planned demerger of noncore nickel, gold and base metals projects in Western Australia. The demerger announcement... 

Westgold and Karora merge to create A$2.2bn Australian gold miner
Westgold and Karora merge to create A$2.2bn Australian gold miner
8th April 2024 By: Mariaan Webb

Australia’s Westgold Resources on Monday announced its acquisition of Toronto-listed Karora Resources in a deal valued at about A$1.23-billion. The acquisition, structured as a cash-and-stock... 

Red Rock provides updates on DRC arbitration, Burkina Faso project
5th April 2024 By: Tasneem Bulbulia

Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in... 

Sibanye’s post-mining agri initiative seeks commercial farming, agribusiness partners
5th April 2024 By: Marleny Arnoldi

Nonprofit initiative Bokamoso Ba Rona has published a request for expression of interest, in seeking to partner with established commercial farmers and/or agribusinesses to spearhead Bokamoso’s... 

West African achieve solid first quarter production
5th April 2024 By: Tasneem Bulbulia

ASX-listed unhedged gold mining company West African Resources  produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a... 

Gold bulls eye more record highs despite lightning gains
Gold bulls eye more record highs despite lightning gains
5th April 2024 By: Reuters

An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The... 

Copper cathode produced in Zambia
Zambia's copper output may rise to one-million tons by 2026 as mines expand
5th April 2024 By: Reuters

Zambia's copper output could rise to about one-million tons by 2026, boosted by investment in expanding production at mines including those owned by First Quantum Minerals, Finance Minister... 

Shanta Gold operation in Tanzania
Shareholders approve Saturn Resources’ takeover of Shanta Gold
5th April 2024 By: Marleny Arnoldi

Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly... 

Iamgold strengthens balance sheet with gold prepay changes
Iamgold strengthens balance sheet with gold prepay changes
5th April 2024 By: Creamer Media Reporter

Canadian miner Iamgold has announced the execution of a forward gold sale arrangement and a partial amendment to an existing gold prepay agreement to optimise its financial position. The net... 

Australian gold miner still has plan to drill in war-torn Sudan
5th April 2024 By: Bloomberg

Australian gold producer Perseus Mining hasn’t ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output. The third-biggest... 

The Abra plant during construction in June 2022
Abra Mining goes into administration
5th April 2024 By: Creamer Media Reporter

Richard Tucker and Robert Hutson of KordaMentha Restructuring have been appointed as voluntary administrators of Abra Mining, which owns and operates a lead and silver mine in the Gascoyne region... 

FLSmidth image
5th April 2024

As a more than 140-year-old Danish company, FLSmidth is a leading technology and service sup-plier to the global mining and cement industry. With its MissionZero programme, it has set a tar-get of... 

An image of Shirley Webber
Growth potential, challenges presented in West Africa
5th April 2024 By: Lumkile Nkomfe

West Africa’s mining and industrial sectors are characterised by growth and challenges, says multinational banking and financial services provider Absa Corporate and Investment Banking (CIB)... 

An image of a Metso grinding mill facility
High-capacity grinding mill deal concluded
5th April 2024

Finland-based industrial machinery company Metso Corporation has been awarded an order to deliver an 18 MW semi-autogenous grinding (SAG) mill for the Phase 2 expansion at Canadian mineral... 

A large sign next to the road at the entrance to the Mponeng Mine owned by Harmony Gold that states it is the deepest mine globally
Deep-level investment
5th April 2024 By: Halima Frost

Gold major Harmony’s strategy is to direct major capital towards its high-grade underground mines and high-margin surface source operations to improve profitability. The decision to extend Mponeng,... 

An Aerial view of the Balnket Mine in Zimbabwe owned by Mining Corporation
Miner eyes further growth in Zimbabwe
5th April 2024 By: Halima Frost

In its constant drive to increase its representation and relevance in the country’s mining sector, Zimbabwe-focused explorer, developer and miner Caledonia Mining Corporation has changed its mining... 

An image of mining haul trucks
Regional growth prospects remain positive
5th April 2024 By: Lumkile Nkomfe

Long-term growth prospects in West Africa remain positive, says security research organisation the Institute for Security Studies (ISS), with the scenarios emerging from its African Futures and... 

Image of gold bars
Songjiagou mine, China
5th April 2024 By: Sheila Barradas

A gold mine in the Muping-Rushan gold belt, in Shangdong province. 

Image of gold pour
Côté gold project, Canada – update
5th April 2024 By: Sheila Barradas

Iamgold has successfully completed the inaugural gold pour at the Coté project. 

Location map of the Kouroussa project
Kouroussa gold project, Guinea – update
5th April 2024 By: Sheila Barradas

Commercial production will be delayed beyond the targeted first quarter of 2024. 

Image of gold pour
Salares Norte gold project, Chile – update
5th April 2024 By: Sheila Barradas

Production has started. 

Drilling at one of Harmony's mines
Harmony concludes landmark wage negotiations with five unions at once
4th April 2024 By: Darren Parker

Gold miner Harmony Gold has concluded a landmark five-year wage agreement in respect of increases to wages and other conditions of service with its five labour unions, being the coalition, which... 

DRDGold image
Tailings management at DRDGOLD
4th April 2024

DRDGOLD produces gold by the large-scale retreatment of mine waste stored in dormant mine dumps and old tailings storage facilities (TSFs). TSF safety therefore plays a prominent role at its... 

Shanta progressing exploration in Tanzania, Kenya
4th April 2024 By: Sabrina Jardim

Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in... 

Explorer Snowline announces C$25m placement
4th April 2024 By: Creamer Media Reporter

Snowline Gold, a TSX-V-listed company focusing on projects in Yukon Territory, on Wednesday announced a bought-deal private placement of 3.2-million “flow-through” shares to raise about... 

African development banks expected to fund Caledonia's new Zimbabwe mine, CEO says
4th April 2024 By: Reuters

African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250-million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on... 

Uganda to launch first domestic tin processing plant next month
4th April 2024 By: Reuters

Uganda will commission its first tin refining plant in the southwestern region next month, a senior mining ministry official said, as part of efforts to expand capacity and add value domestically... 

Gold sets another record high above $2 300 after Powell comments
Gold sets another record high above $2 300 after Powell comments
4th April 2024 By: Bloomberg

Gold set another record high above $2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a peak of $2... 

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