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Drill core from the Springpole gold project
Springpole gold project, Canada – update
8th November 2024 By: Sheila Barradas

First Nation Mining has entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation. 


Location map of the Simberi mine
Simberi sulphides expansion, Papua New Guinea – update
8th November 2024 By: Sheila Barradas

St Barbara has announced plans to raise up to A$110-million to fast-track the expansion. 


Image of Mexico flag and periodic table symbol for copper
Santo Tomas porphyry copper project, Mexico
8th November 2024 By: Sheila Barradas

A revised preliminary economic assessment and updated mineral resource estimate for the North and South zones of the project have proposed a staged openpit mine and processing plant. 


Image of South Africa flag and periodic table symbold for platinum, palladium, rhodium and gold
Waterberg project, South Africa
8th November 2024 By: Sheila Barradas

The independent definitive feasibility study published in September 2019 has been updated. 


Regis takes federal govt to court over McPhillamys
Regis takes federal govt to court over McPhillamys
7th November 2024 By: Mariaan Webb

Gold miner Regis Resources is taking legal action against the Australian government over a decision that has effectively halted its McPhillamys gold mine project in New South Wales. The ASX-listed... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


Pueblo Viejo
Barrick Gold misses profit estimates on higher costs, lower Nevada production
7th November 2024 By: Reuters

Canada's Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold... 


Jubilee achieves key milestones in advancing copper strategy, delivers strong PGM performance
7th November 2024 By: Sabrina Jardim

Diversified metals producer Jubilee Metals has reported organic growth in its South African operations, which the company says are now well-established and consistently delivering strong results.... 


Hummingbird faces buyout, Aim delisting amid financial constraints
7th November 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources and African investment company CIG’s wholly-owned subsidiary Nioko Resources Company have announced a proposed debt restructuring, a partial debt-to-equity... 


NUM to sign wage agreement with Sibanye-Stillwater
7th November 2024 By: Sabrina Jardim

Labour union the National Union of Mineworkers (NUM) is set to sign a wage agreement on behalf of its members at the Sibanye-Stillwater gold operations, in South Africa, on November 8, in Boksburg,... 


Equinox’s newest and biggest mine achieves commercial production
Equinox’s newest and biggest mine achieves commercial production
7th November 2024 By: Mariaan Webb

Toronto-listed Equinox Gold has officially declared commercial production at its Greenstone mine, in Ontario. The announcement follows months of ramp-up operations, with the mine now progressing... 


Carnavale divests noncore Leonora assets
6th November 2024 By: Mariaan Webb

Gold exploration and development company Carnavale Resources on Wednesday announced the planned sale of its E40/394 licence, near Leonora in Western Australia, to US-based KoBold. The sale formed... 


Poseidon-Encore tailings development unconditional
6th November 2024 By: Mariaan Webb

Perth-based Encore Minerals has cleared the final hurdles to proceed with a new project aimed at processing gold tailings at Poseidon Nickel's Windarra site. The development is based on Encore's... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Dundee poised to maintain decade-long track record of meeting guidance
6th November 2024 By: Mariaan Webb

Toronto-listed Dundee Precious Metals (DPM) has announced strong third-quarter results, keeping the company on track to continue its ten-year track record of achieving its gold production and... 


Banks mull increasing Tulu Kapi debt package – Kefi
6th November 2024 By: Sabrina Jardim

Aim-listed Kefi Gold and Copper has reported that project finance banks are considering increasing the proposed project finance debt package for the Tulu Kapi gold project, in Ethiopia, from... 


Ero Copper announces leadership succession
Ero Copper announces leadership succession
6th November 2024 By: Mariaan Webb

Vancouver-headquartered Ero Copper has announced several leadership changes, following the retirement of co-founder and chairperson, Noel Dunn. David Strang, cofounder and current CEO, will assume... 


The La Arena mine in Peru
Canada approves Pan American’s Peru asset sale to Zijin
6th November 2024 By: Creamer Media Reporter

The government of Canada has approved Pan American Silver’s sale of its La Arena mine and project in Peru to a subsidiary of China’s Zijin Mining Group. The approval, which was granted under the... 


Republican Presidential nominee and former US President Donald Trump takes the stage with his wife Melania, his son Eric, and his daughter-in-law Lara, following early results from the 2024 US Presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida.
Commodities under pressure on likely Trump win in US Presidential race
6th November 2024 By: Reuters

Commodities from oil to metals and grains slid on Wednesday as the dollar strengthened, with investors increasingly pricing in that Donald Trump will win the US Presidential election. Trump has... 


El Abra copper mine
Delay in Chile mining permits a serious problem, says local head of Freeport
6th November 2024 By: Reuters

An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a "serious" problem for the industry in the world's top copper-producing country, the local head of US... 


The fish-to-dragon 1kg platinum investment bar. Picture: China Gold Coin Group.
Investment demand for platinum in China strengthens with launch of new platinum bar
5th November 2024 By: Martin Creamer

The appeal of platinum as an investment asset is being increasingly recognised by Chinese investors, which is resulting in China becoming one of the most important investment markets for platinum... 


underground mining machines
Minerals Council notes easing of mining input cost increases in September
5th November 2024 By: Darren Parker

The Minerals Council South Africa’s index for mining input costs showed continued easing in September, with a year-on-year increase of 3.6%, down from 5.2% in August. This downward trend is... 


An image showing the Gautrain
Gautrain Management Agency scoops MIKE award
5th November 2024 By: Tasneem Bulbulia

The Gautrain Management Agency (GMA) has scooped the 2024 Most Innovative Knowledge Enterprise (MIKE) South Africa Gold Award. The award recognises GMA’s efforts in harnessing its collective... 


Pan African Resources CEO Cobus Loots
Pan African acquires remaining stake in Australian gold miner TCMG
5th November 2024 By: Darren Parker

Mid-tier gold producer Pan African Resources has acquired the remaining 92% of Tennant Consolidated Mining Group (TCMG) in Australia. The company disclosed on November 5 that the acquisition was... 


Akobo issues NKr25.3m unsecured convertible loan
5th November 2024 By: Darren Parker

Scandinavia-based gold developer Akobo Minerals, which owns and operates the Segele gold mine, in Ethiopia, has issued an unsecured convertible loan totalling NKr25.3-million with contributions... 


Wia undertakes A$30m placement to drive further growth at Namibia project
5th November 2024 By: Tasneem Bulbulia

ASX-listed Wia Gold has received firm commitments from new and existing shareholders, including institutional and sophisticated investors, for a A$30-million placement of 200-million new fully paid... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater reports 9% y/y growth in adjusted earnings for third quarter
5th November 2024 By: Darren Parker

Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third... 


Highland Valley is Canada's biggest copper mine.
Teck to boost copper output to 800 000 t/y by 2030
5th November 2024 By: Mariaan Webb

Vancouver-based Teck Resources will today outline its investment pathway to grow copper production to 800 000 t/y before the end of the decade. Teck president and CEO Jonathan Price and members of... 


Gold steady as market holds breath before tight US election
Gold steady as market holds breath before tight US election
5th November 2024 By: Bloomberg

Gold was steady as the market braced for a tight US election, and a Federal Reserve rate decision later in the week. Uncertainty around the presidential vote on Tuesday has aided bullion in the... 


St Barbara raises A$110m to accelerate Simberi expansion
St Barbara raises A$110m to accelerate Simberi expansion
5th November 2024 By: Mariaan Webb

Australia’s St Barbara on Tuesday announced plans to raise up to A$110-million to fast track the expansion of its Simberi gold mining operation, in Papua New Guinea. St Barbara aims to accelerate... 


FireFly to step up regional exploration as it grows Green Bay holding
FireFly to step up regional exploration as it grows Green Bay holding
4th November 2024 By: Mariaan Webb

ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a... 


Spartan sells noncore gold projects to Benz Mining
4th November 2024 By: Mariaan Webb

Gold company Spartan Resources has reached an agreement to sell two noncore gold projects in Western Australia to fellow ASX-listed Benz Mining for A$15.6-million in cash and scrip. “The Glenburgh... 


Orion Minerals corporate communications and investor relations executive Avishkar Nagaser
Orion appoints corporate communications, investor relations exec
4th November 2024 By: Sabrina Jardim

ASX- and JSE-listed Orion Minerals has appointed Avishkar Nagaser corporate communications and investor relations executive. Nagaser was previously investor relations and corporate affairs... 


Rob Krcmarov
New CEO for US silver miner Hecla
4th November 2024 By: Mariaan Webb

The biggest silver producer in the US, Hecla, has a new president and CEO. The NYSE-listed company on Monday announced Rob Krcmarov as president and CEO, succeeding Cassie Boggs, who served in an... 


Copper smelting
Zambia stake-boosting mining plan won’t touch existing projects
4th November 2024 By: Bloomberg

Zambia’s plans to take bigger stakes in some mining projects won’t impact existing operations in the country, including exploration activities, according to a senior government official. The mines... 


Indigenous-led impact assessment initiative for Springpole
Indigenous-led impact assessment initiative for Springpole
4th November 2024 By: Mariaan Webb

Canadian project developer First Nation Mining said last week that it had entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation that will provide capacity to... 


Aura appoints Mauritania country manager
4th November 2024 By: Darren Parker

ASX- and Aim-listed Aura Energy has announced the appointment of Mohamed El Moctar Mohamed El Hacene to the newly established role of country manager Mauritania. Hacene is a qualified Mauritanian... 


Gold climbs ahead of US jobs data, with election looming large
1st November 2024 By: Bloomberg

Gold gained — following its biggest one-day drop since July — as traders waited for key US jobs data and weighed potential market disruption ahead of the looming presidential election. Bullion... 


Hummingbird to receive second tranche of $20m loan
1st November 2024 By: Darren Parker

Aim-listed gold producer Hummingbird Resources is expecting to receive the second tranche of a $20-million loan facility from lender CIG in the next few days. On September 27, Hummingbird announced... 


Ironbark accelerates acquisitive growth strategy with new appointment
Ironbark accelerates acquisitive growth strategy with new appointment
1st November 2024 By: Mariaan Webb

Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,... 


Capricorn raises $200m for Karlawinda expansion
Capricorn raises $200m for Karlawinda expansion
1st November 2024 By: Mariaan Webb

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 


Thompson Creek mine
Centerra plans to largely self-fund Thompson moly restart
1st November 2024 By: Mariaan Webb

Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused... 


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

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