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China’s big policy meet offers little to excite commodity bulls
China’s big policy meet offers little to excite commodity bulls
11th March 2024 By: Bloomberg

China’s highest profile political event of the year provided little cheer for commodities bulls hoping for a jolt to demand in the world’s biggest market for raw materials. The National People’s... 


Australia gold production dips, but Close says nothing to worry about
Australia gold production dips, but Close says nothing to worry about
11th March 2024 By: Creamer Media Reporter

Australian gold production reduced by 3%, or 9 t, to 304 t last year, Melbourne-based gold mining consultant Surbiton Associates reported on Sunday, but director Dr Sandra Close said that the drop... 


Inca Minerals closes up shop in Peru
8th March 2024 By: Mariaan Webb

Australian exploration company Inca Minerals has resolved to cease operations in Peru, after failing to make any progress in extended discussions with potential joint venture (JV) partners for the... 


BME MD Ralf Hennecke
BME to start local manufacturing of blasting technology in Western Australia
8th March 2024 By: Sabrina Jardim

Having actively built its foundation in the Australian mining market over the past decade, global blasting and explosives specialist BME is ramping up its footprint and capability with facilities... 


Gold surge could dull Indian wedding season demand; China outlook robust
Gold surge could dull Indian wedding season demand; China outlook robust
8th March 2024 By: Reuters

A surge in global gold prices to record highs could dampen consumption during the wedding season in India, but top buyer China will see robust safe-haven demand this year, analysts and traders... 


Resolute Mining maintains mineral resources owing to exploration success
8th March 2024 By: Tasneem Bulbulia

ASX- and London-listed Resolute Mining has published its Annual Ore Reserve and Resource Statement as at December 31, 2023, which indicates that total mineral resources have been maintained at... 


Gold bars
Perseus extends OreCorp takeover offer window to April 19
8th March 2024 By: Marleny Arnoldi

ASX-listed Perseus Mining has released a second supplementary bidder’s statement in relation to its off-market takeover bid for all issued ordinary shares of fellow-listed OreCorp, which extends... 


New Brazil copper mine gearing up to start production
8th March 2024 By: Mariaan Webb

Construction of the Tucumã mine, in Brazil, is nearing completion and dual-listed Ero Copper is now gearing up for production to begin in the second half of this year. The $310-million new mine... 


Kavango to start earning revenue from Zimbabwe project
8th March 2024 By: Tasneem Bulbulia

London-listed Kavango Resources has formed a new subsidiary in Zimbabwe, Kavango Mining, which will become its mining arm in the country. Moreover, the company has signed its first contract to... 


Integra receives first cash installment in Wheaton royalty transaction
8th March 2024 By: Creamer Media Reporter

Precious metals exploration and development company Integra Resources has closed the previously announced royalty transaction with Wheaton Precious Metals and has received its first cash... 


Ramelius owns the Edna May mine.
Australian explorer Ramelius confirms talks to acquire Karora Resources
8th March 2024 By: Reuters

Australian gold miner Ramelius Resources on Friday confirmed it is in discussions with Karora Resources for a potential acquisition of the Canada-based mine operator. Shares of Ramelius were up... 


Magmatic and Fortescue partner on NSW copper prospect
Magmatic and Fortescue partner on NSW copper prospect
8th March 2024 By: Mariaan Webb

The share price of ASX-listed junior Magmatic Resources jumped more than 50% on Friday as the company announced a farm-in and joint venture agreement with iron-ore major Fortescue Metals. The... 


Image of tables filled with ore from the Springpole project
Springpole gold project, Canada – update
8th March 2024 By: Sheila Barradas

First Mining has received construction permits for a temporary winter road to the exploration camp site. 


Image of gold nugget
Burnstone gold project, South Africa – update
8th March 2024 By: Sheila Barradas

Consistent with the requirements of Sibanye’s capital allocation framework, the project will be delayed and is expected to ramp up again during 2025.  


Image of gold nugget
Cariboo gold project, Canada – update
8th March 2024 By: Sheila Barradas

Osisko Gold Royalties has secured funding for the project. 


Image of the Two Rivers mine
Two Rivers Platinum Mine Merensky project, South Africa – update
8th March 2024 By: Sheila Barradas

A review of the project is under way. 


Image of South Africa Map/Flag
Volspruit platinum group metals project, South Africa – update
8th March 2024 By: Sheila Barradas

Sylvania Platinum has announced the completion of a mineral resource estimate. 


Gold bars from the Sabodala-Massawa mine
Sabodala-Massawa gold mine expansion, Senegal – update
8th March 2024 By: Sheila Barradas

Wet commissioning activities are under way. 


Drill core from the Tulu kapi project
Tulu Kapi gold project, Ethiopia – update
8th March 2024 By: Sheila Barradas

A preliminary economic assessment has indicated the economic attractiveness of mining the underground deposit adjacent to the Tulu Kapi openpit. 


Image of Zondereinde mine and selter
Zondereinde Western extension project, South Africa – update
8th March 2024 By: Sheila Barradas

Northam Platinum has implemented several capital preservation initiatives at the project. 


Encouraging exploration buoys Côte d’Ivoire prospect
8th March 2024 By: Simone Liedtke

Canada-based precious metals miner Fortuna Silver has reported several emerging prospects at its West African Séguéla mine, in Côte d’Ivoire, of which its Badior prospect stands out, with... 


Gold bars
Gold-backed ETFs record ninth month of outflows
7th March 2024 By: Marleny Arnoldi

Gold-backed exchange-traded flows (ETFs) recorded another outflow in February, extending their losing streak to nine months, with North America in the lead. Total assets under management... 


Lady Julie one of Australia’s highest margin undeveloped projects – Magnetic
7th March 2024 By: Creamer Media Reporter

The Lady Julie gold project, near Laverton, in Western Australia, is technically and financially robust, ASX-listed Magnetic Resources reported on Thursday. A prefeasibility study has confirmed... 


mine shaft head
Kilimapesa restart on track following mill relining in January
7th March 2024 By: Darren Parker

Progress at the Kilimapesa mine, in Kenya, is on track since the relining of the mill in January and the restart of production, London-listed Caracal Gold CEO Robbie McCrae has said. “We look... 


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... 


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