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PGMs turn supportive in June’s mining output stats
10th August 2023 By: Marleny Arnoldi

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.... 


Caledonia posts lower second-quarter profit
10th August 2023 By: Cameron Mackay

Gold producer Caledonia Mining has reported a gross profit of $10.9-million for the second quarter ended June 30, a decrease from the $17.9-million reported for the second quarter of 2022. “While... 


These beneficiation plants will be similar to those at the Mooinooi Sylvania Dump operations in terms of circuit configuration and technology
Sylvania subsidiary signs chrome, PGMs ore treatment JV agreement
10th August 2023 By: Cameron Mackay

Platinum group metals (PGMs) producer Sylvania Platinum’s wholly owned South African subsidiary Sylvania Metals has entered into an unincorporated joint venture (JV) agreement with design engineer... 


Perpetua and Nez Perce reach Clean Water Act settlement
Perpetua and Nez Perce reach Clean Water Act settlement
10th August 2023 By: Creamer Media Reporter

Gold project developer Perpetua Resources has reached a settlement with the Nez Perce tribe, resolving a Clean Water Act (CWA) lawsuit brought by the tribe in 2019. The lawsuit centred on alleged... 


US GoldMining CEO Tim Smith (left) and Alaska Governor Mike Dunleavy (right) standing on the Whistler gold/copper project, overlooking the camp site, airstrip and Skwentna river valley.
Plans for West Susitna access road progressing
10th August 2023 By: Mariaan Webb

The proposed West Susitna Access Road (WSAR) that will connect exploration and development company US GoldMining’s proposed Whistler project with existing highway, rail, power and port... 


Barrick president and CEO Dr Mark Bristow.
Risk-on greater reason for record-high Q2 gold price than interest rate decline – Bristow
10th August 2023 By: Martin Creamer

The all-time-high second-quarter (Q2) gold price is less about the forecast decline in interest rates and more about risk-on amid global economy wrestling and world deglobalisation, Barrick... 


Barrick CEO sees few good deals despite mining's M&A revival
10th August 2023 By: Bloomberg

Barrick Gold won’t be pressured into making any major acquisitions even as its rivals pursue a flurry of dealmaking in the mining industry, CEO Mark Bristow said. “The market is constantly... 


Newcrest leftovers don’t appeal to Australia’s top gold miners
Newcrest leftovers don’t appeal to Australia’s top gold miners
10th August 2023 By: Bloomberg

Australia’s soon-to-be top two gold miners say they’re not interested in buying two operations predicted to be put up for sale by Newmont after its $19-billion acquisition of Newcrest Mining.... 


Barrick open to Saudi wealth fund buying stake in Pakistan's Reko Diq project
Barrick open to Saudi wealth fund buying stake in Pakistan's Reko Diq project
10th August 2023 By: Reuters

Barrick Gold is open to bringing in Saudi Arabia's wealth fund as one of its partners in Pakistan's Reko Diq gold and copper mine, Barrick CEO Mark Bristow told Reuters in an interview on Tuesday.... 


Polymetal CEO Vitaly Nesis
Polymetal plans to sell Russian assets under sanctions in 6-9 months - CEO
10th August 2023 By: Reuters

Gold and silver producer Polymetal International, which had planned to separate its Russian and Kazakh businesses, now intends to sell assets in Russia under US sanctions within six to nine months,... 


Image shows solar panels
Westgold powers up Tuckabiana
10th August 2023 By: Esmarie Iannucci

Gold miner Westgold Resources has started operations at its new 17.9 MW hybrid power facility at Tuckabiana, in Western Australia, replacing an existing diesel-fired power station and reducing some... 


Image shows ASX trading board
OreCorp shareholders keen on deal - Diederichs
9th August 2023 By: Esmarie Iannucci

The shareholders of ASX-listed OreCorp have come out in support of the takeover offer from TSX- and NYSE-listed Silvercorp Metals. Speaking on the sidelines of Diggers & Dealers, OreCorp MD and... 


Image shows gold nuggets
Northern Star going back to the drillbit
9th August 2023 By: Esmarie Iannucci

Gold miner Northern Star Resources will spend A$235-million on exploration over the next 12 months as the company’s focus moves to growing its resources and reserves. Northern Star COO Simon... 


Pantoro stumbles in capital raise news
9th August 2023 By: Esmarie Iannucci

The share price of ASX-listed Pantoro fell by some 20% as the company came out of a trading halt on Wednesday, with news of a A$30-million equity raise to fund working capital requirements at the... 


De Grey confident in financing Mallina
9th August 2023 By: Esmarie Iannucci

ASX-listed De Grey Mining was confident in its ability to fund the Mallina gold project, in Western Australia. A 2022 prefeasibility study (PFS) estimated that the project could produce some 540... 


Image shows the Leonora operations
Genesis open for more consolidation in WA
9th August 2023 By: Esmarie Iannucci

Mid-tier gold miner Genesis Minerals was open to further consolidation in the Leonora region of Western Australia, following its deal with fellow-listed gold miner St Barbara. The company acquire... 


Westgold to retart Great Fingall
9th August 2023 By: Esmarie Iannucci

ASX-listed Westgold Resources has pulled the trigger on the Great Fingall mine, some 5km southwest of its Cue operation and 28km from its Tuckabianna processing hub in Western Australia. The... 


Image shows Ernest Henry
Evolution open to more copper acquisitions
9th August 2023 By: Esmarie Iannucci

Gold miner Evolution Mining was open to more acquisitions and could look at expanding its copper portfolio. Speaking on the sidelines of the Diggers & Dealers conference, Evolution executive... 


August may not be as favourable for gold as usual, but demand drivers remain, says gold council
8th August 2023 By: Marleny Arnoldi

A weaker dollar and a spike in breakeven inflation rates has helped gold to gain 3.1% in July to $1 971, bringing the year-to-date return to 8.7%, says the World Gold Council (WGC). Global... 


Barrick beats quarterly profit estimates on higher gold prices
Barrick beats quarterly profit estimates on higher gold prices
8th August 2023 By: Reuters

Barrick Gold beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from higher prices of the precious metal. The company also maintained its... 


Resources Watch
Resources Watch
8th August 2023

This week: South Africa has all the pieces necessary to build successful hydrogen economy; Funding closes for gold project with potential to be shining modern mining exemplar; and, Most of 500... 


FID at McPhillamys planned for 2024
8th August 2023 By: Esmarie Iannucci

Gold miner Regis Resources is working towards becoming a 500 000 oz/y producer by the 2027 financial year, with the miner poised to take a final investment decision on its McPhillamys project, in... 


Company releases new products  for cleaner air
Company releases new products for cleaner air
8th August 2023 By: Sabrina Jardim

Having spent 30 years researching and developing original products to reduce particulate matter (PM) from global industrial sources, air filtration solutions provider Aircure is launching three... 


AngloGold Ashanti to start US production by 2025
AngloGold Ashanti to start US production by 2025
8th August 2023 By: Esmarie Iannucci

Gold miner AngloGold Ashanti is targeting first gold from its North Bullfrog gold mine, in Nevada, by the end of 2025. The miner’s chief development officer, Terry Briggs, said on the sidelines of... 


Ramelius still eager to add to portfolio
8th August 2023 By: Esmarie Iannucci

Gold miner Ramelius Resources was still on the look-out for acquisition opportunities, despite having completed nearly seven transactions over the last six years. Ramelius is in the midst of a... 


Capricorn eyes 2025 start for Mt Gibson
8th August 2023 By: Esmarie Iannucci

Junior gold miner Capricorn Metals is hoping to start production at its second gold mine by mid-2025. Speaking on the sidelines of the Diggers & Dealers conference, Capricorn executive... 


Ghana approves green minerals policy to develop lithium industry
7th August 2023 By: Bloomberg

Ghana approved a green-minerals policy to help manage the exploitation and production of lithium, a step toward tapping into the multibillion-dollar global industry. The cabinet approved the policy... 


Gold Fields to expand renewables in WA
7th August 2023 By: Esmarie Iannucci

Gold miner Gold Fields is looking to further invest in renewable energy generation at its Western Australian operations. Speaking on the sidelines of the Diggers & Dealers conference, Gold Fields... 


B2Gold continues to look at opportunities in Mali
7th August 2023 By: Mariaan Webb

Vancouver-based B2Gold remains actively committed to exploring expansion opportunities in Mali, despite the government’s proposal to introduce a new mining code. The proposed code aims to enhance... 


AngloGold Ashanti's reassessed mining assets.
AngloGold’s top-tier Africa assets brought to fore, emissions cut using renewables
7th August 2023 By: Martin Creamer

Four out of the five top-tier gold-mining assets of AngloGold Ashanti are in Africa. As the cornerstones of the company, these tier 1 mines are Geita in Tanzania, Obuasi and Iduapriem in Ghana, and... 


Pan African Resources CEO Cobus Loots
Pan African meets revised production guidance, lowers its debt
7th August 2023 By: Cameron Mackay

Gold miner Pan African Resources has achieved a robust financial performance for the year ended June 30, CEO Cobus Loots reported on August 7, stating that this was despite challenges experienced... 


Predictive adds to Bankan resource
7th August 2023 By: Esmarie Iannucci

A scoping study into the Bankan gold project, in Guinea, is due for completion by the end of the year, ASX-listed Predictive Discovery said on Monday. Speaking on the sidelines of the Diggers &... 


Image shows hands holding gold pellets
Canada's Silvercorp makes a play for OreCorp
7th August 2023 By: Esmarie Iannucci

TSX- and NYSE-listed Silvercorp Metals has launched a takeover deal for ASX-listed gold developer OreCorp, with the two companies signing a binding implementation deed. Under the deed, Silvercorp... 


Image shows mining operation
WA companies shrug off woes
7th August 2023 By: Esmarie Iannucci

Western Australia’s listed mining companies were worth a combined A$363.3-billion at the close of the 2023 financial year, up 21% on the previous year, advisory firm Deloitte found. The 2023... 


McEwan Mining announces new exploration director
4th August 2023 By: Darren Parker

Copper mining company McEwen Copper, which is 52% owned by New York-listed McEwen Mining, has announced the appointment of Darren King as its new exploration director. King has more than 35 years... 


The Porgera mine
Barrick to restart Porgera later this year
4th August 2023 By: Mariaan Webb

The Porgera gold mine, in Papua New Guinea, could be back in operation before the end of the year, Barrick Gold CEO Mark Bristow said on Friday. In preparation for the restart, the mobile fleet... 


Caracal achieves quarterly improvement in gold throughput
4th August 2023 By: Marleny Arnoldi

Dual-listed gold producer Caracal Gold’s latest production numbers confirm that the Kilimapesa mine, in Kenya, is operating well following a difficult first quarter. The operation treated 50 720 t... 


Wesizwe's Bakubung platinum mine
Wesizwe’s Bakubung mine remains closed as unprotected strike continues
4th August 2023 By: Marleny Arnoldi

JSE-listed Wesizwe Platinum has advised that the Bakubung Platinum Mine (BPM) remains closed owing to ongoing unprotected strike action since July 20. The company says its management is engaging... 


Pan African Resources CEO Cobus Loots.
Illegal mining will not be tolerated on gold project site – Pan African
4th August 2023 By: Martin Creamer

A strong call has been made for illegal mining in the area of the R2.5-billion Mogale Tailings Retreatment on Gauteng’s West Rand to be brought to a halt. “It will not be tolerated on our site,”... 


AngloGold Ashanti CEO Alberto Calderon.
AngloGold reaffirms guidance on improved second quarter
4th August 2023 By: Martin Creamer

Gold mining company AngloGold Ashanti on Friday reaffirmed annual guidance as it reported an improved second quarter performance compared with the first three months of the year, underpinned by a... 


Auric delivers gold ore from Jeffrey's Find
4th August 2023 By: Esmarie Iannucci

Junior Auric Mining has delivered first gold from its Jeffreys Find gold mine to the Perth Mint for processing. The ASX-listed company on Friday said that toll milling and processing of the 36 000... 


Artemis returns to full construction at Blackwater
4th August 2023 By: Creamer Media Reporter

TSX-V-listed Artemis Gold has restarted all site activities at its Blackwater mine, following the recent wildfires. “Site management has implemented its return to full construction in a... 


Coringa gold project, Brazil – update
Coringa gold project, Brazil – update
4th August 2023 By: Sheila Barradas

Serabi Resources has signed an agreement with the representatives of indigenous communities, confirming their support for the Coringa gold mine development. 


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