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Tsumeb is one of the few smelters globally that can treat complex polymetallic concentrates, including those with higher arsenic content.
Chinese group to buy Dundee's Namibia smelter
7th March 2024 By: Mariaan Webb

Canadian miner Dundee Precious Metals (DPM) will sell its Tsumeb smelter, in Namibia, to Sinomine Resources for $49-million in cash. Tsumeb is one of the few smelters globally that can treat... 


$3.2bn investment commitment for SolGold’s Ecuador project
$3.2bn investment commitment for SolGold’s Ecuador project
7th March 2024 By: Mariaan Webb

London- and Toronto-listed SolGold has announced a complementary investment protection agreement (IPA) for the Cascabel project, in Ecuador. The signing of a joint declaration with the government... 


DRA Global director Val Coetzee
DRA Global promotes Coetzee to executive director position
7th March 2024 By: Marleny Arnoldi

Engineering consultancy DRA Global has appointed nonexecutive director Val Coetzee as director of process and technology – an executive position – effective immediately. He will oversee the... 


Tietto Minerals' Abujar mine, in Côte d’Ivoire
Tietto goes from strength to strength following ‘undervalued’ takeover offer
7th March 2024 By: Marleny Arnoldi

As gold mining company Tietto Minerals nears full production rates at its Abujar gold mine, in Côte d’Ivoire, it is also focusing on organic growth opportunities, while Hong Kong-based Zhaojin... 


Red Rock execs will have to personally visit DRC to resolve $10m claim
6th March 2024 By: Darren Parker

Aim-listed Red Rock Resources has noted that its senior management will have to personally travel to the Democratic Republic of Congo (DRC) to resolve a $10-million claim the company has instituted... 


Kavango reveals promising resource estimates at Zimbabwe project
6th March 2024 By: Darren Parker

Southern Africa-focussed metals explorer Kavango Resources has received a maiden resource estimate for the two largest tailings dumps at the Nara gold project, in Zimbabwe, revealing an indicated... 


Resources Watch
Resources Watch
6th March 2024

This week: Implats expecting phased reduction in group output; Green energy integrated into Harmony Gold operations and, Harmony Gold board approves R7.9bn project on back of superb half-year results 


Fortuna takes option over Turaco’s Tongon North project
6th March 2024 By: Mariaan Webb

West African miner Fortune Silver Mines has taken an option over an 80% interest in five granted exploration permits that make up Australian junior Turaco Gold’s Tongon North project, in Cote... 


Gold steady after surging to record on rate-cut bets, haven bids
Gold steady after surging to record on rate-cut bets, haven bids
6th March 2024 By: Bloomberg

Gold steadied after surging to a record high in the previous session, boosted by expectations for US rate cuts, geopolitical tensions and the risk of a pullback for equity markets. Bullion rose to... 


Natural Resources Minister Jonathan Wilkinson
Chinese money can’t be solution for cash-strapped Canadian miners, Minister says
6th March 2024 By: Bloomberg

Chinese investment can’t be the solution for cash-strapped Canadian miners seeking financial backing, according to Canada’s Natural Resources Minister. “We need to be working to solve access to... 


Alara starts production in Oman
Alara starts production in Oman
5th March 2024 By: Creamer Media Reporter

Australia-based precious and base metals explorer Alara Resources has successfully started concentrate production at its one-million-tonne-a-year Al Wash-hi-Majaza copper/gold and copper... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater highlights its full confidence in price-hit platinum group metals
5th March 2024 By: Martin Creamer

While the operating environment remains challenging, with macro-economic and geo-political uncertainty persisting, the medium- to long-term view of Sibanye-Stillwater remains largely unchanged on... 


Gold Fields completes divestment of interest in Ghana gold mine
5th March 2024 By: Tasneem Bulbulia

Gold miner Gold Fields has concluded the sale of its 45% effective interest in the Asanko mine, in Ghana, to Galiano Gold for $170-million plus a 1% net smelter royalty (NSR) on future production... 


SSR to pay for landslide cleanup at Turkish mine, Minister says
5th March 2024 By: Bloomberg

The Turkish unit of SSR Mining will pay for all cleanup costs following a landslide at its Copler gold mine in eastern Turkey, a top government official said, without citing a specific figure.... 


Dynamic Metals’ stock up on A$20m MinRes JV
Dynamic Metals’ stock up on A$20m MinRes JV
5th March 2024 By: Mariaan Webb

The share price of Dynamic Metals surged 28% on Tuesday as the company unveiled a landmark A$20-million lithium-focused joint venture (JV) with Mineral Resources (MinRes). The nearby location of... 


Osisko Development secures $50m for Cariboo project
5th March 2024 By: Creamer Media Reporter

Gold company Osisko Development has secured funding for ongoing detailed engineering and preconstruction activities at the Cariboo gold project, in British Columbia. The $50-million delayed draw... 


Kefi raises £495 916 as part of capital raise for Tulu Kapi
5th March 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper, which owns projects in Ethiopia and Saudi Arabia, announces that a retail offer through PrimaryBid has been successfully completed, raising gross proceeds of about... 


Gold touches $2 100 as traders scoop up metal on rate cut bets
Gold touches $2 100 as traders scoop up metal on rate cut bets
5th March 2024 By: Bloomberg

Gold is within striking distance of a new record high as the market bets the first US interest-rate cut since early 2020 is near. The precious metal briefly rose above $2 100/oz Monday, the... 


Terry Heymann
Opinion: From mine to market – building a more transparent and trusted gold supply chain
5th March 2024

In this article, World Gold Council (WGC) CFO Terry Heymann argues that the disclosure of a miner’s refining partners will support recognition of a trusted eco-system that will grow over time and... 


S2 to sell Finland assets, providing cash for Australian exploration
4th March 2024 By: Creamer Media Reporter

Exploration company S2 Resources has signed a letter of intent to sell its Finland assets to Vancouver-based Outback Goldfields for C$7-million in cash and shares. The proposed transaction will... 


Mining Indaba 2024 –recognised as a platform for positive disruptive change
4th March 2024

The annual Investing in African Mining Indaba which took place in Cape Town, 5 to 8 February, presented a groundswell from governments, mining companies, investors and service providers to drive... 


The Kibali gold mine in the DRC
Barrick partners with DRC-based oversight body to advance local content intiatives
4th March 2024 By: Marleny Arnoldi

Global miner Barrick Gold Corporation’s Kiballi gold mine, in the Democratic Republic of Congo (DRC), has partnered with the oversight body of the subcontracting sector, the Autorite de Regulation... 


Illegal mining activity
Three people killed in clash between illegal miners, security personnel at Ghana mine
4th March 2024 By: Creamer Media Reporter

Two security personnel and one civilian were killed in an attack by illegal miners at the Asanko gold mine, in Ghana, over the weekend. The mine is a 50:50 joint venture between JSE-listed Gold... 


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... 


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... 


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pqt: 6.719s - ct: 6.824s - 482pq - 3rq
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