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Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


France's Orano launches arbitration against Niger over mining licence
20th December 2024 By: Reuters

French nuclear fuels company Orano said on Friday it had started arbitration proceedings against Niger, after Niger withdrew the mining licence of Orano's subsidiary Imouraren. Niger's military-led... 


A view of a part of the Marda operations area
Leeuwin to acquire Ramelius' Marda gold opreations
20th December 2024 By: Creamer Media Reporter

ASX-listed Leeuwin Metals has entered into a binding share sale agreement with fellow ASX-listed Ramelius Resources to acquire the Marda gold operations, in Western Australia, for up to A$2-million... 


The Ancuabe project
Australia's FIRB clears Shandong Yulong's buyout of 70% stake in Triton's Moz graphite projects
20th December 2024 By: Creamer Media Reporter

Australia's Foreign Investment Review Board (FIRB) has given the go-ahead for Shandong Yulong Gold to buy a 70% interest in ASX-listed Triton Minerals's in its portfolio of graphite projects in... 


Decarbonisation efforts in mining fall short of science-based targets, research shows
20th December 2024 By: Simone Liedtke

The global mining industry is falling short in its efforts to decarbonise at a rate required to meet science-based targets, according to new research by consultancy dss+. As the industry moves... 


Allied Gold receives first construction payment for Ethiopia project
20th December 2024 By: Creamer Media Reporter

Toronto-listed Allied Gold Corporation has received the first construction payment under a $175-million streaming agreement with Wheaton Precious Metals, signed earlier this month. Under the terms... 


An aerial view of the Coringa operation
Serabi commissions Coringa classification plant
20th December 2024 By: Creamer Media Reporter

Gold mining and development company Serabi Gold reports that, based on the operating progress achieved throughout December, the classification plant at its 100%-owned Coringa gold operation, in... 


Hands holding a gold bar
Swiss gold exports rise in November on jump in supplies to India
19th December 2024 By: Reuters

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


An employee studying drill core
Dundee pleased with 'excellent' economics at Serbian gold project
19th December 2024 By: Creamer Media Reporter

TSX-listed Dundee Precious Metals will immediately proceed with a feasibility study at its Čoka Rakita gold project, in Serbia, after a prefeasibility study (PFS) demonstrated the project's... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye inks $500m streaming agreement with Franco-Nevada
19th December 2024 By: Simone Liedtke

Multinational metals and mining group Sibanye-Stillwater has entered into a $500-million streaming agreement with Franco-Nevada (Barbados) Corporation, a subsidiary of Franco-Nevada Corporation.... 


India re-examining record Nov gold imports, sources say
19th December 2024 By: Reuters

The Indian government is re-examining a surge in gold imports that widened the country's trade deficit to a record in November and pushed the rupee to an all-time low, two government sources aware... 


Barrick president and CEO Dr Mark Bristow.
Barrick seeks fair resolution in Mali through arbitration
18th December 2024 By: Martin Creamer

New York- and Toronto-listed Barrick Gold Corporation on Wednesday, December 18, confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de... 


Horizon completes Pennys Find PFS, which confirms project’s viability
18th December 2024 By: Simone Liedtke

ASX-listed Horizon Minerals has completed the prefeasibility study (PFS) for the Pennys Find gold project, in Western Australia. The PFS confirms the project’s viability as a high-grade underground... 


Gold jewellery
Indians opt for lighter, lower carat jewellery as gold prices soar
18th December 2024 By: Reuters

Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. "I wanted to gift my daughter 80 g of gold,... 


Mandalay targeting gold production of up to 95 000 oz for 2025
18th December 2024 By: Simone Liedtke

TSX-listed Mandalay Resources Corporation is targeting consolidated gold-equivalent production of between 85 000 oz and 95 000 oz as part of its production and cost guidance for 2025. This includes... 


Gold Mountain reports revenue drop, third-quarter losses
18th December 2024 By: Simone Liedtke

Canadian exploration and development company Gold Mountain Mining experienced a sharp revenue decline in the third quarter of the 2025 financial year, with earnings falling to $594 404, compared... 


Gold bars
Gold holds decline as focus on fed for next year’s rate outlook
18th December 2024 By: Bloomberg

Gold held a decline ahead of the Federal Reserve’s upcoming rate decision, with traders watching for clues about next year’s monetary-policy path. Bullion was steady near $2,647 an ounce, after... 


Apple says it has told suppliers to stop buying minerals from Congo
18th December 2024 By: Reuters

 Apple on Tuesday said it strongly disputes allegations that it uses conflict minerals in its products and told suppliers earlier this year to stop purchasing those minerals from the Democratic... 


Auric signs agreement to acquire gold processing plant in WA
17th December 2024 By: Creamer Media Reporter

Mining and commodity trading company Auric Mining has entered into a letter agreement, subject to due diligence, to acquire the 180 000 t/y Burbanks gold processing facility and related assets and... 


Novo Resources to acquire two NSW gold projects
17th December 2024 By: Creamer Media Reporter

ASX- and TSX-listed Novo Resources Corp has entered into binding term sheets with fellow ASX-listed companies TechGen Metals and Manhattan Corporation to acquire their respective John Bull and... 


Nioko proposes buyout of Hummingbird amid the latter’s financial struggles
17th December 2024 By: Simone Liedtke

African investment company CIG's wholly-owned subsidiary Nioko Resources Corporation has announced a recommended cash offer to acquire debt-ridden Aim-listed Hummingbird Resources, aiming to... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Gold jewellery on sale in India
India's gold imports to plunge in December after record November
17th December 2024 By: Reuters

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


GoldHaven to acquire BOA Gold Corp
17th December 2024 By: Creamer Media Reporter

Canadian junior exploration Company GoldHaven Resources Corp has entered into an amalgamation agreement with BOA Gold Corp, which will result in GoldHaven acquiring BOA and the four high-potential... 


Rugby Resources halts Colombia drill programme to assess impact of regulatory change
17th December 2024 By: Creamer Media Reporter

TSX-V-listed Rugby Resources has terminated a planned private placement and postponed plans to drill the Cobrasco copper project, in Colombia, in the coming weeks owing to a change to regulations... 


An Apple computer
Congo files criminal complaints against Apple in Europe over conflict minerals
17th December 2024 By: Reuters

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for... 


The Loulo-Gounkoto mine in Mali
Barrick Gold threatens to suspend Mali operations over blocked exports
17th December 2024 By: Reuters

Barrick Gold will suspend operations in Mali if gold shipments continue to be blocked, the company said on Monday as it struggles to reach agreement with authorities on a new mining code in the... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi

The Department of Mineral Resources and Energy’s (DMRE’s) review of mining regulations, which started a year ago, provides the chance to relook and unlock the true potential of South Africa’s... 


Marula Mining withdraws from Zimbabwe, appoints consultant
13th December 2024 By: Tasneem Bulbulia

Africa-focused battery metals investment and exploration company Marula Mining has decided to withdraw from its planned exploration and project acquisition activities in Zimbabwe. The company,... 


Heliostar to restart mining at La Colorada
13th December 2024 By: Creamer Media Reporter

TSX-V-listed Heliostar Metals will restart mining operations at the La Colorada mine, in Mexico, next month, with the key initial focus being the Junkyard stockpile. "Recommencing mining... 


Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
13th December 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


Osisko advances Cariboo to shovel-ready status
Osisko advances Cariboo to shovel-ready status
13th December 2024 By: Mariaan Webb

Gold developer Osisko Development has received Environmental Management Act (EMA) permits for its 100%-owned Cariboo project in British Columbia, marking the completion of the permitting process.... 


The Marban deposit is adjacent to Agnico-Eagle's Canadian Malartic complex (pictured).
Agnico Eagle to acquire O3 Mining in C$204m cash transaction
13th December 2024 By: Mariaan Webb

Canadian miner Agnico Eagle Mines on Thursday announced the acquisition of O3 Mining in a C$1.67-a-share cash transaction, valued at about C$204-million. O3 Mining’s primary asset, the 100%-owned... 


VIABLE ALTERNATIVE
The bolted tank design is now recognised as a viable alternative to traditional welded tanks
New tank design prevalence gaining momentum
13th December 2024 By: Simone Liedtke

A new bolted-tank design is gaining momentum in tailings retreatment operations, offering significant improvements in cost savings, construction time and operational efficiency. This design,... 


EQUIPMENT PROVISION
Paragon provided the in-dam hydraulic tailings remining infrastructure
Modern remining equipment used at MTR
13th December 2024 By: Simone Liedtke

Tailings solutions provider Paragon Tailings’ involvement in gold producer Pan African Resources’ (PAR’s) Mogale Tailings Retreatment (MTR) operation has reinforced the growing importance of... 


PRECEDENT SETTING
The Mogale Tailings Retreatment operation has become a model for cost-effective, large-scale tailings retreatment and legacy mining rehabilitation
Project combines profitability with sustainability
13th December 2024 By: Simone Liedtke

The Krugersdorp-based Mogale Tailings Retreatment (MTR) operation of JSE- and LSE-listed midtier gold producer Pan African Resources (PAR), commissioned in October 2024 and now fully operational,... 


POSITIVE OPERATIONS
The MTR operation is noteworthy for its environmental remediation, efficient project delivery and positive impact on the local community
Company’s EPCM role pivotal in project
13th December 2024 By: Simone Liedtke

Integrated service provider SGS Bateman played a “pivotal role” as the engineering, procurement and construction management (EPCM) contractor for midtier gold producer Pan African Resources’... 


FIXING MISTAKES FROM THE PAST
The R2.5-billion MTR operation will address environmental degradation caused by prolific legacy mining activities
Community engagement yields project success
13th December 2024 By: Simone Liedtke

The Mogale Tailings Retreatment (MTR) operation of midtier gold producer Pan African Resources (PAR) has significantly curbed illegal mining activities in the vicinity of its operations in the West... 


Image of gold pour
Boorara gold project – Stage 1, Australia
13th December 2024 By: Sheila Barradas

Horizon Minerals has started hauling ore from the project. 


A mound of gold
Cowal underground development project, Australia – update
13th December 2024 By: Sheila Barradas

Evolution Mining has received regulatory approval from the New South Wales Department of Planning, Housing and Infrastructure to extend operations at its Cowal gold operations until 2042. 


A drill rig at the Dalgaranga project
Dalgaranga gold project, Australia – update
13th December 2024 By: Sheila Barradas

Spartan Resources is fast-tracking a production restart with a A$220-million placement. 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
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