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This week: Risk-on greater reason for record-high Q2 gold price than interest rate decline; Glencore returns $9.3bn to shareholders, highlights transition metals and recycling; and, AngloGold’s...
Aim-quoted miner Chaarat Gold on Wednesday announced an agreement to sell its only operating mine, Kapan, to an Armenian mining operator for $55.4-million. Kapan is a polymetallic ore body that...
Vancouver-based Imperial Metals has announced a nonbrokered private placement of up to seven-million shares at C$2.40 each to raise C$16.8-million. The proceeds from the placement will be used to...
The Blackwater mine, currently under construction in central British Columbia, remains on track for its first gold pour in the second half of next year, despite the temporary slowdown as a result...
BHP Group, South32 and a unit of Seriti Resources Holdings may face a class action from coal miners with lung disease in South Africa who worked at the companies’ operations over the last six...
Gold miner St Barbara has unveiled plans for a standalone 1.7-million- to 1.8-million-tonne-a-year operation at its Fifteen Mile Stream project, in Nova Scotia. The company said on Wednesday that...
JSE-listed Impala Platinum (Implats) expects its headline earnings for the year ended June 30 to decrease by between 38% and 44% year-on-year to between R18-billion and R20-billion and its headline...
While investors are focused on Ecuador’s tumultuous presidential election, two other measures on the ballot in the August 20 vote will also shape the country’s financial future. Ecuadorians are...
Canadian miner Erdene Resource Development (ERD) is working towards achieving first gold and cash flow from the Bayan Khundii mine, in Mongolia, in about two years’ time, president and CEO Peter...
The green electrons that have begun to flow into the Free State mine shafts of Harmony Gold will reduce carbon dioxide emissions by 65 000 t in the first 12 months of operation, Mining Weekly can...
The operating profit of Aim-listed mining services group Goldplat, which owns and operates gold recovery operations in South Africa and Ghana, decreased to £1.19-million for the fourth quarter of...
As the Stibnite gold and antimony project, in Idaho, advances toward a construction decision, Perpetua Resources has appointed Michael Wright VP of projects to lead the development. Wright will...
Mexico's Camimex mining chamber has called on the authorities to help end a strike at the country's leading gold mine, Newmont Penasquito project in northern Zacatecas state, it said in a statement...
Ethiopia-focused gold miner Akobo Minerals has appointed Professor Steven Rupprecht as mine manager and strategic adviser to its Segele operation in southwest Ethiopia. He initially worked for...
Metals processing company Jubilee Metals announced it has expanded its executive leadership team in support of its growth strategy. This comes with the appointment of Neal Reynolds as CFO,...
Platinum group metals (PGMs) miner Northam Holdings expects to report a 70% to 80% year-on-year decrease in basic earnings a share to between R5.23 and R7.84 for the financial year ended June 30,...
The ramp-up of the Magino project, in northern Ontario, is under way, putting the mine on track to achieve commercial production during the current quarter, reports Toronto-listed Argonaut Gold CEO...
Precious metals miner Coeur Mining has maintained its 2023 silver production guidance, but lowered its gold forecast for the year, citing second-quarter challenges at its Kensington mine, in...
London-listed Hochschild Mining has dusted off plans for the Volcan project, which it acquired more than a decade ago when it bought Andina Minerals in 2012. The project, located in the Maricunga...
Canadian miner New Gold has resumed underground mining activities at its New Afton mine, in Kamloops, British Columbia. This follows confirmation of the structural integrity of its New Afton...
Aim-quoted gold miner Chaarat Gold is evaluating financing options for corporate and asset purposes, including the sale of its only operating mine, Kapan, in Armenia, CEO Mike Fraser reported on...
The water-mining interdependence, or nexus, poses several operational challenges to mining companies, including physical, reputational and regulatory-related risks and, as water-related risks...
Toronto-listed Argonaut Gold has appointed Janet Yang to its board of directors, with effect from August 10. Yang is research director, energy and mining at GMT Capital. Prior to joining GMT, from...
Toronto-based miner Wesdome Gold Mines new president and CEO Anthea Bath believes the company is poised for a production and free cash flow rebound next year, as confidence in the near-term grade...
The Côté gold project, in Ontario, has made “remarkable progress” with activities now transitioning from bulk construction to finishing activities and operational readiness, ahead of first...
Takeover target Newcrest Mining has reported a 7% increase in revenue for the full year ended June, on the back of higher copper and gold production. The miner reported that revenue for the 12...
Gold miner Ramelius Resources will not be increasing its takeover offer for fellow listed Musgrave Resources. In a bidder’s statement released on Friday, Ramelius said that its current offer for...
Internationally recognised nonprofit organisation International Women in Mining (IWiM) last month announced its new governance board and advisory council to support the next wave of strategic...
This week we profile Graham Herbert, MD of TEBA, which serves mines and mineworkers in the gold and platinum sectors
Kinross Gold has reported that the process plant is regularly reaching design throughput.
Ivanhoe Mines is undertaking optimisation work to identify value-accretive options for installing hoisting capacity to Platreef's Shaft 3.
Jervois entered an agreement for $15-million in funding from the US government for drilling at its Idaho Cobalt Operations and to conduct a bankable feasibility study for the construction of a...
Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of...
Besra Gold plans to build a pilot plant with an initial nominal throughput capacity of 50 t/d.
An updated scoping study has estimated that the project could produce 39 000 oz of gold over 16 months.
Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of...
Harmony’s inspiring women’s voices are leading the change At Harmony, we are committed to addressing important social issues such as gender diversity in our workforce.
Adwoa Pokuaa Issaka Position: Unit Manager Safety at Gold Fields, South Deep
Ethiopia-focused mining company Akobo Minerals has signed an agreement with Swiss precious metals fabricator MKS PAMP for various gold refinery-related services. MKS will provide turnkey refining...
By bringing previously unregulated small-scale miners into the formal fold and introducing incentives for established producers, Zimbabwe has boosted its gold output from about 20 t to 35 t a year...
Statistics South Africa (Stats SA) reports that mining production increased by 1.1% year-on-year in June, with the largest positive contributors having been platinum group metals (PGMs) and gold....
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