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Australia’s Alkane Resources has completed its merger with Canada-based Mandalay Resources, creating a dual-listed gold and antimony producer with operations in Australia and Sweden. The...
ASX-listed Askari Metals has completed technical due diligence on the Nejo gold and copper project, in Ethiopia, a key condition precedent for settlement of the acquisition, subject to shareholder...
TSX-listed First Quantum Minerals has entered into a gold streaming agreement with RGLD Gold, with First Quantum to receive a $1-billion upfront cash payment in exchange for gold deliveries...
Gold miner Regis Resources is standing firm in its commitment to bring the McPhillamys gold project in New South Wales to life, with MD and CEO Jim Beyer saying the company is exploring all...
ASX-listed Horizon Minerals has moved to expand its footprint in Western Australia’s goldfields with the acquisition of a suite of nearby gold projects from Yandal Resources, bolstering its...
ASX-listed Medallion Metals has signed a binding asset sale agreement with IGO to acquire the Forrestania Nickel Operation (FNO). The move will support gold production from the Ravensthorpe...
Gold developer Santana Minerals is poised to become one of the first major beneficiaries of New Zealand’s new fast-track permitting regime, with its Rise and Shine (RAS) deposit eligible for...
JSE-listed Gold Fields expects to report at least a 203% year-on-year increase in headline earnings per share (HEPS) to between $1.09 and $1.21 for the six months ended June 30. The company...
Refinery services provider Heraeus finds in its latest precious metals appraisal that Chinese gold jewellery consumption has reduced owing to high prices – similar to what has happened in India....
Johannesburg Stock Exchange secondary-listed gold mining company AngloGold Ashanti has managed to repress costs to below 2% amid peer gold mining companies averaging above 15%. “We maintain cost...
NYSE- and TSX-listed Barrick Mining Corporation invested more than $48-million in community-led projects in 2024 through its community development committees (CDCs), the company said in its 2024...
ASX- and OTCQB-listed West Wits Mining is advancing through the mobilisation phase at its flagship Qala Shallows project, in South Africa, as the team progresses toward first gold production, the...
Aim-listed gold recovery company Goldplat has advised that, despite an excellent operational performance for the three months ended June 30, the company results for the full 12 months to June 30...
Australian project developer Stellar Resources is making good progress at its Heemskirk project in Tasmania, one of the highest-grade undeveloped tin assets globally. Speaking at the Diggers and...
Citi raised its gold price forecast over next three months to $3 500 per ounce on Monday from $3 300, and the expected trading range to $3 300 to $3 600 from $3 100 to $3 500, on the belief that...
Gold’s historic price surge has opened the door to margin expansion for producers, but Australian gold and copper miner Evolution Mining MD and CEO Lawrie Conway has cautioned the sector to avoid...
ASX-listed companies Mineral Resources (MinRes) and Dynamic Metals have revised the terms of their lithium-focused joint venture (JV) at the Widgiemooltha project in Western Australia, extending...
The market capitalisation of Western Australia’s listed entities climbed 3.7% over the past financial year to A$362.7-billion, buoyed by soaring gold prices and a wave of mergers and acquisitions,...
Australia’s leading gold miners are sitting on war chests of cash and bullion worth hundreds of millions of dollars as record gold prices swell balance sheets and prompt questions about how...
LSE-listed Caracal Gold has entered into an exclusivity agreement with Tanzanian mining and exploration company Pumba Resources in respect of its portfolio of gold prospecting licence applications...
South Africa recorded a preliminary trade balance surplus of R22-billion in June, the South African Revenue Services (Sars) reports. This surplus was attributable to exports of R170.7-billion and...
US-based Newmont has unlocked a $100-million payment from Zijin Mining following the ratification of the Akyem East mining lease by Ghana’s Parliament, marking a key milestone in the company’s...
The second-quarter earnings and free cash flow of AngloGold Ashanti more than doubled year-on-year, driven by the high gold price and what the New York- and Johannesburg-listed company highlights...
Mining has long been regarded a male-dominated industry. For example, in South Africa and like many other countries, women were legally prohibited from working underground until the 1990s....
After 12 years, Jeff Quartermaine will retire as MD and CEO of ASX-listed Perseus Mining, with effect from September 30. Quartermaine will be succeeded by Craig Jones, who will begin work with...
Vancouver-based Eldorado Gold said on Thursday that its Skouries copper/gold project in northern Greece had reached 70% completion, keeping the company on track to deliver first production in the...
Gold miner Newmont has sold its entire stake in Orosur Mining, marking a complete exit from the junior South America-focused exploration company. The world’s biggest gold producer announced...
A set of hydraulically operated Corflex pinch valves, installed in 2018 at a major North African gold mine, has delivered seven years of uninterrupted service in one of the continent’s most...
Although the construction industry has traditionally focused on reducing operational energy use through improvements in lighting and insulation, embodied carbon has long “flown under the radar”,...
A scoping study has outlined a sublevel cave underground mining option capable of sustaining the Gruyere mine’s production at scale.
Mining exploration and development company Perpetua Resources Corp plans to develop one of the highest-grade openpit gold mines in the US.
Larvotto Resources has completed a two-tranche placement to raise A$60-million to support the restart of its Hillgrove project.
Fluor Corporation has received the final notice to proceed from Barrick Mining Corporation.
Work on surface infrastructure and early-stage underground mining activities has started.
All project design work, fabrication and delivery of mechanical items have been completed.
Develop Global has started concentrate shipments from the mine.
Gold miner Ramelius Resources has completed its acquisition of Spartan Resources by way of a scheme of arrangement, positioning the merged group to pursue a production target of 500 000 oz/y within...
In line with the general inflation trend in South Africa, mining input cost pressures remain well under control, with the latest data, including labour costs, showing a 1.1% year-on-year increase...
London-listed Endeavour Mining recorded a strong second quarter, capping an “excellent” first half of the year with 647 000 oz of gold produced at an all-in sustaining cost (AISC) of $1 281/oz,...
Amid a high price environment, the World Gold Council (WGC) has reported that total gold demand, including over-the-counter investment, increased by 3% year-on-year to 1 249 t for the second...
TSX- and NYSE-listed Alamos Gold on Wednesday reported a strong second quarter, with a 10% rise in gold production and an 18% drop in all-in sustaining costs (AISC), leading to record cash flow...
Precious metals miner Kinross Gold posted a sharp rise in free cash flow and earnings in the second quarter, driven by stronger margins and robust production across its mine portfolio. The...
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